MoneyWorks4Me

Punjab National Bank reports 18.58% rise in Q4 net profit

09 May 2012 Evaluate

Punjab National Bank has reported results for fourth quarter ended March 31, 2012

The bank has posted a rise of 18.58% in its net profit at Rs 1424.06 crore for the quarter ended March 31, 2012 as compared to Rs 1200.90 crore for the same quarter in the previous year. Total income has increased by 27.61% at Rs 10955.73 crore for quarter under review as compared Rs 8585.65 crore for the quarter ended March 31, 2011

For the full year ended March 31, 2012, the bank has posted a rise of 10.17% in its net profit at Rs 4884.20 crore for the year ended March 31, 2012 as compared to Rs 4433.50 crore for the same period in the previous year. Total income has increased by 32.78% at Rs 40630.63 crore for year under review as compared to Rs 30599.06 crore for the period ended March 31, 2011.

On the consolidated basis, the bank has posted a rise of 9.85% in its net profit at Rs 5025.46 crore for the year ended March 31, 2012 as compared to Rs 4574.73 crore for the same period in the previous year. Total income has increased by 33.58% at Rs 41686.82 crore for year under review as compared to Rs 31206.60 crore for the period ended March 31, 2011.

Peers
Company Name CMP
State Bank Of India 988.70
PNB 116.65
Bank Of Baroda 233.95
Canara Bank 123.00
Union Bank Of India 177.85
View more..