Punjab National Bank has reported results for second quarter ended September 30, 2022.
The bank has reported fall of 62.79% in its net profit at Rs 411.27 crore for Q2FY23 as compared to Rs 1105.15 crore for the corresponding quarter previous year. However, total income of the bank increased by 8.18% to Rs 23001.26 crore for the quarter under review as compared to Rs 21262.32 crore for the same quarter in the previous year.
On the consolidated basis, the bank has reported fall of 69.69% in its net profit at Rs 363.72 crore for the quarter under review as compared to Rs 1200.12 crore for the same quarter in the previous year. However, total income of the bank increased by 7.85% to Rs 23291.70 crore for the quarter under review as compared to Rs 21597.11 crore for the same quarter in the previous year.
