Did PNB Achieve a 51.7% Surge in Q4 Net Profit with a Dividend of Rs 2.90 per Share?
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Synopsis
Punjab National Bank's latest financial results reveal a stunning 51.7% increase in net profit for Q4 FY25, alongside a dividend declaration. This growth highlights the bank's robust performance and improved asset quality, making it a noteworthy player in the financial sector.
Key Takeaways
- Net profit increased by 51.7% to Rs 4,567 crore.
- Dividend declared at Rs 2.90 per share.
- Improved asset quality with NPAs at 3.95%.
- Global business grew by 14.03% year-on-year.
- Plans to raise Rs 8,000 crore through compliant bonds.
New Delhi, May 7 (NationPress) The government-owned Punjab National Bank (PNB) has announced a remarkable net profit of Rs 4,567 crore for the January-March quarter of the financial year 2024-25, signifying a substantial 51.7% increase from the Rs 3,010 crore reported during the same period last year.
Additionally, PNB has declared a dividend of Rs 2.90 for each equity share for the financial year 2024-2025.
In the fourth quarter, the bank's net interest income—calculated as the difference between interest earned on loans and interest paid for deposits—rose by 4% to reach Rs 10,757 crore.
The board at PNB has also recommended a dividend of Rs 2.90 per equity share with a face value of Rs 2 each for FY25, pending approval from shareholders at the upcoming annual general meeting.
Notably, the asset quality of the public sector bank has improved during the January-March quarter, with gross non-performing assets (NPAs) decreasing to 3.95% from 4.09% in the previous quarter. The net non-performing assets saw a slight decline to 0.41%, down from 0.4% in the third quarter.
Furthermore, the PNB board approved a plan to raise Rs 8,000 crore through the issuance of Basel III compliant bonds, which will include Tier-I bonds up to Rs 4,000 crore and Tier-II bonds up to Rs 4,000 crore, to be raised in one or more tranches during FY 2025-26.
Global business for PNB grew by 14.03% to Rs 26,83,260 crore in Q4 FY25, compared to Rs 23,53,038 crore year-on-year. Global deposits also increased by 14.38% to Rs 15,66,623 crore in March 2025, up from Rs 13,69,713 crore in March 2024. Global advances rose by 13.56% to reach Rs 11,16,637 crore, compared to Rs 9,83,325 crore previously.
Point of View
It's clear that Punjab National Bank is making significant strides in the financial landscape. Their robust profit growth and improved asset quality reflect a strong operational strategy, establishing PNB as a key player in the banking sector.
NationPress
08/05/2025
Frequently Asked Questions
What is the net profit of PNB for Q4 FY25?
Punjab National Bank reported a net profit of Rs 4,567 crore for the January-March quarter of FY 2024-25.
What percentage increase did PNB experience in net profit?
PNB experienced a 51.7% increase in net profit compared to the same quarter of the previous financial year.
What dividend has PNB declared?
PNB has declared a dividend of Rs 2.90 per equity share for the financial year 2024-2025.
How has PNB's asset quality improved?
PNB's gross non-performing assets (NPAs) decreased to 3.95% from 4.09% in the previous quarter.
What is the growth rate of PNB's global business?
PNB's global business grew by 14.03% to Rs 26,83,260 crore in Q4 FY25.
