PNB Housing Finance Ltd reported a strong Q2 FY2026 performance, with consolidated net profit rising 24% year-on-year to ₹5.82 billion and interest income reaching ₹20.17 billion. The company’s disciplined lending strategy and improved asset quality contributed to the robust financial results.
PNB Housing Finance Ltd has posted a solid set of numbers for the second quarter ended September 2025. The company’s net profit rose to ₹5.82 billion, up from ₹4.70 billion in the same quarter last year, marking a 24% year-on-year growth. Consolidated interest income stood at ₹20.17 billion, reflecting healthy loan book expansion and stable margins.
The company’s total income for the quarter grew to ₹21.31 billion, while net interest income (NII) rose 14% to ₹7.65 billion. Despite a marginal dip in net interest margin to 3.67%, PNB Housing maintained strong profitability. The gross non-performing assets (NPAs) improved to 1.04%, down from 1.24% a year ago, indicating better asset quality and recovery efforts.
Major Takeaways:
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Net Profit: ₹5.82 billion, up 24% YoY
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Interest Income: ₹20.17 billion, driven by loan growth
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Net Interest Income: ₹7.65 billion, up 14%
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NIM: Slight moderation to 3.67% from 3.68%
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Asset Quality: Gross NPAs reduced to 1.04% from 1.24%
PNB Housing’s performance underscores its operational resilience and prudent credit practices, positioning it well for continued growth in India’s housing finance sector.
Sources: Rediff Money, Economic Times, ET Now