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Punjab National Bank turns black in Q2

05 Nov 2019 Evaluate

Punjab National Bank has reported results for second quarter ended September 30, 2019.

The bank has reported a net profit of Rs 507.05 crore for the quarter under review against net loss of Rs 4532.35 crore for the same quarter in the previous year. Total income of the bank increased by 10.83% at Rs 15,556.61 crore for Q2FY20 as compared Rs 14,035.88 crore for the corresponding quarter previous year.

On the consolidated basis, the bank has reported a net profit of Rs 430.03 crore for the quarter under review against net loss of Rs 4574.10 crore for the same quarter in the previous year. Total income of the bank increased by 11.43% at Rs 15,843.76 crore for Q2FY20 as compared Rs 14,219.03 crore for the corresponding quarter previous year.


Peers
Company Name CMP
State Bank Of India 945.05
PNB 116.40
Bank Of Baroda 236.45
Canara Bank 119.00
Union Bank Of India 172.55
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