PNB (Punjab National Bank)'s Q4FY25 Quarter Results
- 08 May 2025
Result Summary
- PNB (Punjab National Bank) reported a 6.5% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Mar (Q4FY25). On a year-on-year (YoY) basis, it witnessed a growth of 17.2%.
- Its expenses for the quarter were down by 7.5% QoQ and up 21.5% YoY.
- The net profit decreased 30.1% QoQ and increased 79.2% YoY.
- The earnings per share (EPS) of PNB (Punjab National Bank) stood at 3 during Q4FY25.
Financial Statments for Q4FY25
| (₹ crores) | Q4FY25 | Q3FY25 | Q4FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 32976.47 | 35286.43 | 28132.23 | -6.5% | 17.2% |
Total Expenses | 26476.86 | 28634.81 | 21794.36 | -7.5% | 21.5% |
Provisions & contingencies | 1559.74 | -403.42 | 3708.18 | -486.6% | -57.9% |
Profit Before Tax | 4939.87 | 7055.04 | 2629.69 | -30.0% | 87.8% |
Tax | 1838.99 | 2406.44 | 888.58 | -23.6% | 107.0% |
Profit After Tax | 3363.02 | 4811.02 | 1876.29 | -30.1% | 79.2% |
Earnings Per Share | 3.00 | 4.20 | 1.70 | -28.6% | 76.5% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Punjab National Bank (PNB) is one of India's largest public sector banks, providing a wide range of financial services including retail banking, corporate banking, international banking, and treasury operations. Established in 1894, PNB has a significant presence across the country with numerous branches and ATMs. The bank offers various products such as savings accounts, loans, credit cards, and investment services to cater to the diverse needs of its customers. As a key player in the banking sector, PNB is subject to regulatory oversight and operates in a competitive environment marked by evolving customer preferences and technological advancements. Recent major developments include initiatives to enhance digital banking services and efforts to strengthen financial health amid changing economic conditions.
Revenue
During the fourth quarter of the fiscal year 2025 (Q4 FY25), PNB reported a total income of ₹32,976.47 crores. This represents a decrease of 6.5% from the previous quarter (Q3 FY25) where total income was ₹35,286.43 crores. However, when compared to the same quarter in the previous year (Q4 FY24), there is an increase of 17.2% as the total income was ₹28,132.23 crores. This year-over-year growth in income reflects a strong upward trend over the twelve-month period. The fluctuations in revenue highlight variable income dynamics potentially influenced by changes in interest income, fee income, and other operating income streams over the quarters.
Profitability
In terms of profitability, PNB's profit before tax for Q4 FY25 was ₹4,939.87 crores, which is a significant decline of 30.0% from ₹7,055.04 crores reported in Q3 FY25. Nonetheless, this figure marks an impressive year-over-year increase of 87.8% compared to ₹2,629.69 crores in Q4 FY24. The profit after tax for Q4 FY25 stood at ₹3,363.02 crores, showing a 30.1% decrease from the preceding quarter's ₹4,811.02 crores, but an increase of 79.2% from ₹1,876.29 crores in the same period last year. This quarter-on-quarter decline and year-over-year rise in profitability metrics may reflect the impacts of cost management strategies and market conditions affecting net income.
Operating Metrics
During Q4 FY25, total expenses were reported at ₹26,476.86 crores, a reduction of 7.5% from the previous quarter's ₹28,634.81 crores. On a year-over-year basis, expenses increased by 21.5% from ₹21,794.36 crores in Q4 FY24. Provisions and contingencies, a critical metric reflecting the bank's risk management and asset quality, were ₹1,559.74 crores in Q4 FY25, indicating a substantial shift from a negative provision of ₹-403.42 crores in Q3 FY25 and a decrease of 57.9% compared to ₹3,708.18 crores in Q4 FY24. The earnings per share for the quarter was ₹3.00, down 28.6% from ₹4.20 in the previous quarter, yet up 76.5% from ₹1.70 in the same quarter last year. These operating metrics provide insights into cost efficiency, provisioning strategies, and shareholder returns over the observed periods.
