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PNB Gilts reports net loss of Rs 6.15 crore in Q3

24 Jan 2022 Evaluate

PNB Gilts has reported results for third quarter ended December 31, 2021.

The company has reported net loss at Rs 6.15 crore for the quarter under review as compared to net profit of Rs 167.07 crore for the same quarter in the previous year. Total income of the company decreased by 18.43% at Rs 263.54 crore for Q3FY22 as compared Rs 323.07 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.

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