PNB Q3 Results, Jan. 31 -- Punjab National Bank (PNB) on Friday, January 31 posted strong results for the quarter ended December 2024 (Q3FY25). It reported a standalone net profit of Rs.4,508.21 crore in the quarter ended December 2024, recording a substantial growth of 103 percent from Rs.2,222.8 crore, in the year-ago quarter. Sequentially, it rose around 5 percent from Rs.4,303 crore in the September quarter.

Its total income also jumped 16 percent to Rs.34,751.7 crore versus Rs.29,961.65 crore in the same period last year. On a QoQ basis, it advanced a mere 1 percent from Rs.34,447.10 crore in Q2FY25.

Asset quality of the state-run lender improved during the quarter ended December 2024. PNB's Gross Non-Performing Assets in Q3FY25 fe...