Home PNB Q4 2022 Result Announced : Net Profit down 66%

PNB Q4 2022 Result Announced : Net Profit down 66%

PNB Q4 2022 Result Declared today & Punjab National Bank Reported 65.69% decline in net profit in its 4th quarter ended 31 March 2022 . Net Profit Stood at Rs. 201 Cr against Rs, 586 Cr Previous Year in same quarter .

PNB Net Interst Income rose 5 % to rs. 7304 Cr against Rs. 6957 in same qarter of Previous year .

PNB Total Income declined Total income declined marginally to Rs 20195 crore against Rs 21386 crore in Q4 FY21.

Watch Video For Details of Q4 2022 & PLI :

The asset quality of PNB improved, with the gross non-performing assets (GNPAs) reduced to 11.78 p% of the gross advances as of 31st March 2022, from 14.12 % previous year

Net NPAs (NNPA ) declined to 4.8 % from 5.73 %.

The Board of Directors of Punjab National Bank has recommended a dividend of 0.64 rupee per equity share for the year ended March 31, 2022.