PNB Housing Finance Profits Soar: A 19% Upsurge in Q4

PNB Housing Finance has announced a remarkable 19% increase in net profit to Rs 656 crore for the fourth quarter of FY26, marking a significant financial achievement for the company. This compares to a net profit of Rs 550 crore in the corresponding quarter of the previous year.

In addition to profit growth, the housing finance firm reported a rise in total income, which reached Rs 2,172 crore in Q4 FY26 compared to Rs 2,037 crore in the prior year's period. Notably, the interest income surged to Rs 2,054 crore, while the net interest income grew by 11% to Rs 813 crore. However, the net interest margin showed a slight dip to 3.69% from 3.75%.

The company's gross non-performing assets declined to 0.93% at the close of March 2026, down from 1.08% in the previous year. Additionally, assets under management reported a 13% increase, reaching Rs 90,921 crore. The board has recommended a dividend of Rs 8 per equity share for FY26.