Punjab National Bank releases Consolidated Q3 FY2023 results ending Dec 31, 2022.
Financial Results (Q3 FY2023) – Quarter-over-Quarter Comparison:
Total income of Punjab National Bank is rose from Rs. 23291.70 crores (Sep 30, 2022) to Rs. 26133.53 crores (Dec 31, 2022).
Net profit increased from Rs. 494.11 crores (Sep 30, 2022) to Rs. 708.27 crores (Dec 31, 2022).
EPS rose from Rs. 0.44 (Sep 30, 2022) to Rs. 0.64 (Dec 31, 2022).
| Financials | Q3 FY2023 | Q2 FY2023 | % Change |
| Total Income | ₹26133.53 Cr | ₹23291.70 Cr | ⬆ 12.20% |
| Net Profit | ₹708.27 Cr | ₹494.11 Cr | ⬆ 43.34% |
| EPS | ₹0.64 | ₹0.44 | ⬆ 45.45% |
Financial Results (Q3 FY2023) – Year-over-Year Comparison:
Total income of Punjab National Bank is rose from Rs. 22275.40 crores (Dec 31, 2021) to Rs. 26133.53 crores (Dec 31, 2022).
Net profit declined from Rs. 1249.87 crores (Dec 31, 2021) to Rs. 708.27 crores (Dec 31, 2022).
EPS fell from Rs. 1.14 (Dec 31, 2021) to Rs. 0.64 (Dec 31, 2022).
| Financials | Q3 FY2023 | Q3 FY2022 | % Change |
| Total Income | ₹26133.53 Cr | ₹22275.40 Cr | ⬆ 17.32% |
| Net Profit | ₹708.27 Cr | ₹1249.87 Cr | ⬇ -43.33% |
| EPS | ₹0.64 | ₹1.14 | ⬇ -43.86% |
Financial Results (9 Months Ended FY2023) – Year-over-Year Comparison:
Total income of Punjab National Bank is increased from Rs. 66988.90 crores (Dec 31, 2021) to Rs. 70952.65 crores (Dec 31, 2022).
Net profit declined from Rs. 3522.45 crores (Dec 31, 2021) to Rs. 1484.11 crores (Dec 31, 2022).
EPS fell from Rs. 3.22 (Dec 31, 2021) to Rs. 1.35 (Dec 31, 2022).
| Financials | 9 Months Ended FY2023 | 9 Months Ended FY2022 | % Change |
| Total Income | ₹70952.65 Cr | ₹66988.90 Cr | ⬆ 5.92% |
| Net Profit | ₹1484.11 Cr | ₹3522.45 Cr | ⬇ -57.87% |
| EPS | ₹1.35 | ₹3.22 | ⬇-58.07% |
Asset Quality:
Gross NPA fell from ₹97258.67 crs in Q3 FY2022 to ₹83583.87 crs in Q3 FY2023, and from ₹87034.79 crs in Q2 FY2023.
Net NPA declined from ₹33878.56 crs in Q3 FY2022 to ₹26363.13 crs in Q3 FY2023, and from ₹29348.16 crs in Q2 FY2023.
GNPA was 9.76% of gross advances as of Dec 31, 2022 vs 12.88% on Dec 31, 2021 and 10.48% on Sep 30, 2022.
Net NPA was 3.30% of gross advances as of Dec 31, 2022 vs 4.90% on Dec 31, 2021 and 3.80% on Sep 30, 2022.
| Asset Quality | Q3 FY2023 | Q2 FY2023 | Q3 FY2022 |
| Gross NPA | ₹83583.87 Cr | ₹87034.79 Cr | ₹97258.67 Cr |
| Gross NPA % | 9.76% | 10.48% | 12.88% |
| Net NPA | ₹26363.13 Cr | ₹29348.16 Cr | ₹33878.56 Cr |
| Net NPA % | 3.30% | 3.80% | 4.90% |
RoA was 0.17% in Q3 FY2023, up from 0.12% in Q2 FY2023 and down from 0.34% in Q3 FY2022.
Total Capital Adequacy Ratio (CAR) was 15.15% in Q3 FY2023, up from 14.74% in Q2 FY2023 and down from 14.91% in Q3 FY2022.
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