Punjab & Sind Bank has reported results for fourth quarter (Q4) and year ended March 31, 2023.
Punjab & Sind Bank has reported 32.04% rise in its net profit at Rs 456.99 crore for the quarter under review as compared to Rs 346.10 crore for the same quarter in the previous year. Total income of the bank increased by 32.08% at Rs 2651.98 crore for Q4FY23 as compared to Rs 2007.90 crore for the corresponding quarter previous year.
For the year ended March 31, 2023, the bank has reported 26.37% rise in its net profit at Rs 1313.03 crore as compared to Rs 1039.05 crore for the previous year. Total income of the bank increased by 10.89% at Rs 8932.69 crore for year under review as compared to Rs 8055.19 crore for year ended March 31, 2022.
