PNB Housing Finance's Q2 Net Profit Surges by 24%
PNB Housing Finance reported a 24% increase in net profit to Rs 582 crore for Q2 2025. Total income for the quarter rose to Rs 2,131 crore, while interest income was Rs 2,017 crore. The company’s gross NPAs decreased to 1.04%, and its capital adequacy ratio stood at 29.80%.
- Country:
- India
PNB Housing Finance has achieved a significant financial milestone, announcing a 24% rise in its net profit to Rs 582 crore for the second quarter of 2025, as per reports released on Monday. This marks an increase from Rs 470 crore during the same period last year.
The total income of the company for this quarter climbed to Rs 2,131 crore, compared to Rs 1,880 crore in the previous year, according to a regulatory filing. The interest income alone accounted for Rs 2,017 crore, illustrating robust revenue growth.
Further showcasing its strong financial health, PNB Housing Finance saw a decline in its gross non-performing assets to 1.04%. The company maintained solid financial stability with a capital adequacy ratio of 29.80%, largely supported by Tier I capital at 29.21%.
ALSO READ
-
Shanthi Gears Ltd Posts Q2 Profit Amid Decline in Income
-
ITC Hotels Sees 74% Surge in Q2 Profit After Demerger
-
HUL Q2 profit rises 3.8 pc to Rs 2,694 crore; sales up 2.1 pc at Rs 16,034 crore: Co filing.
-
Reliance Industries' Shares Surge Amidst Impressive Q2 Profit
-
Lower provisions help ICICI Bank post 3.2 pc rise in Q2 profit as margins compress