Kolkata, July 21 -- PNB Housing Finance reported a 23% year-on-year increase in net profit for the June quarter of FY26, rising to Rs.534 crore from Rs.433 crore in the same period last year, the company said in a stock exchange filing.

However, on a sequential basis, profit was down 3%.

The company's bottom line was supported by strong momentum in its affordable and emerging markets segments, improved spreads, and further reduction in bad loans.

These segments now contribute significantly to the overall loan book, with affordable and emerging markets together forming 37% of the retail portfolio.

Retail disbursements for the quarter rose 14% YoY to Rs.4,980 crore, with half of that coming from the affordable and emerging categories. ...