PNB Gilts has reported results for first quarter ended June 30, 2020.
The company has reported 6-fold jump in its net profit of Rs 284.39 crore for the quarter under review as against net profit of Rs 45.16 crore for the same quarter in the previous year. Total income of the company reported over 2-fold jump at Rs 491.53 crore for Q1FY21 as compared Rs 193.60 crore for the corresponding quarter previous year.
PNB Gilts a renowned and preferred name in the Indian debt market was one of the first entities to be granted the Primary Dealership License by the Reserve Bank of India. The company is also a subsidiary of one of the largest Indian commercial banks, Punjab National Bank.
