New Delhi, May 7 -- Punjab National Bank (PNB) announced its January to March quarter results on Wednesday, May 7, 2025. The State-run institutional lender recorded a nearly 52 per cent rise to Rs.4,567 crore in its standalone net profit for the fourth quarter of the financial year 2024-25, compared year-on-year (YoY) with Rs.3,010.27 crore in the same period a year ago.
Seema Srivastava, the Senior Research Analyst at SMC GlobalSecurities, said that the PSU Bank delivered a steady performance in the fourth quarter results, and with the improving profitability and asset quality the outlook for the stock remains positive for the long term investors.
"PNB is showing meaningful recovery, with improving profitability and asset quality. For ...
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