Punjab National Bank has reported results for third quarter ended December 31, 2023 (Q3FY24).
The bank has reported over 3-fold jump in net profit at Rs 2222.81 crore for the quarter ended December 31, 2023 as compared to Rs 628.88 crore for the same quarter in the previous year. Total income of the bank increased by 16.48% at Rs 29961.65 crore for Q3FY24 as compared Rs 25722.40 crore for corresponding quarter of the previous year.
On consolidated basis, the bank reported over 3-fold jump in its net profit at Rs 2252.67 crore for Q3FY24 as compared to Rs 660.06 crore for the same quarter in the previous year. Total income of the bank increased by 16.81% at Rs 30527.38 crore for Q3FY24 as compared Rs 26133.53 crore for corresponding quarter of the previous year.
