Punjab National Bank has reported results for first quarter ended June 30, 2019.
The Bank has reported net profit of Rs 1018.63 crore for the quarter under review as against net loss of Rs 940.01 crore for the same quarter in the previous year. However, total income of the Bank increased by 0.59% at Rs 15161.74 crore for Q1FY20 as compared Rs 15072.41 crore for the corresponding quarter previous year.
On the consolidated basis, the Bank has reported a net profit of Rs 1032.23 crore for the quarter under review as against net loss of Rs 986.66 crore for the same quarter in the previous year. However, total income of the Bank increased by 1.31% at Rs 15426.93 crore for Q1FY20 as compared Rs 15227.83 crore for the corresponding quarter previous year.
