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PNB Housing Finance reported a 19 per cent year-on-year increase in net profit to INR 656 crore for the March quarter, supported by higher interest income and loan growth. Total income rose to INR 2,172 crore, while assets under management expanded 13 per cent to INR 90,921 crore. Net interest income also recorded growth, although margins saw a marginal decline. Asset quality improved with a reduction in gross NPAs. For the full financial year, the lender reported an 18 per cent rise in profit and announced a dividend of INR 8 per share, subject to shareholder approval.
PNB Housing Finance reported a 19 per cent increase in net profit to INR 656 crore for the March quarter, compared with INR 550 crore in the corresponding period a year earlier, driven by growth in interest income and expansion in its loan book, according to its regulatory filing released earlier this week in New Delhi. Advertisement
Total income for the fourth quarter rose to INR 2,172 crore from INR 2,037 crore in the year-ago period. Interest income during the quarter increased to INR 2,054 crore, compared with INR 1,906 crore in the same period last year, reflecting continued growth in lending activity.
Net interest income for the quarter grew 11 per cent to INR 813 crore, up from INR 734 crore a year earlier. However, the net interest margin declined marginally to 3.69 per cent from 3.75 per cent in the corresponding quarter of the previous financial year, indicating some pressure on spreads.
The company reported an improvement in asset quality, with gross non-performing assets reducing to 0.93 per cent as of March-end, compared with 1.08 per cent a year earlier. The decline in NPAs reflects improved recovery and asset management performance during the period.
Assets under management rose 13 per cent year-on-year to INR 90,921 crore as of March 31, compared with INR 80,397 crore at the end of the previous financial year. The growth in AUM indicates sustained demand in the housing finance segment and continued portfolio expansion by the lender.
For the full financial year 2025–26, the company reported an 18 per cent increase in net profit to INR 2,291 crore, up from INR 1,936 crore in the preceding year. Total income for the year increased to INR 8,505 crore from INR 7,661 crore, supported by higher lending volumes and income accruals.
The board has recommended a dividend of INR 8 per equity share of face value INR 10 for the financial year, subject to approval by shareholders at the upcoming annual general meeting.
The financial performance reflects steady growth in the company’s core lending operations, alongside improvements in asset quality, even as margins experienced slight moderation during the reporting period.
Source - PTI
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