PNB Housing Finance Q1 results show revenue up from 1637.72 crores to 1707.72 crores, a 4.27% increase in growth. EPS down from ₹14.17 to ₹13.63, down by -3.81%.
First, Let’s Begin with Quarter-on-Quarter Basis:
PNB Housing Finance shared its Q1 results on Monday. They earned 1707.72 crores in revenue this quarter, but that’s more than the 1637.72 crores they made last quarter. The company’s growth increased by 4.27 percent when comparing the two quarters.
In terms of profits, the company’s PAT (Profit After Tax) for this quarter was 347.32 crores, up from 279.28 crores in the previous quarter. Their quarter-to-quarter growth increased by 24.36 percent.
The company’s EPS (Earnings Per Share) this quarter is ₹13.63, which is a decrease of -3.81% from the ₹14.17 EPS in the previous quarter.
Now, Let’s Analyze the Results on a Year-over-Year Basis:
The company made a total revenue of 1707.72 crores this year (2023), which is 20.94 percent higher than last year’s total revenue of 1411.99 crores.
This year’s PAT (Profit After Tax) is 347.32 crores, which is also 47.82% higher than last year’s PAT of 234.96 crores.
The EPS (Earnings Per Share) for this year is ₹13.63, which is 14.15% more than the EPS of ₹11.94 earned last year.
Also Read: TVS Motor Q1FY24 Results: Consolidated PAT Rises to Rs. 434.30 Cr
PNB Housing Finance Share Dividend Announcement / Record Date:
The record date for the dividend has not arrived yet.
About PNB Housing Finance:
PNB Housing Finance Limited is an Indian housing finance company that is registered with the National Housing Bank. It was established under the provisions of the Companies Act, 1956, and officially commenced its operations on 11th November 1988. PNB Housing is promoted by Punjab National Bank, a major financial institution in India.
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