Board approves reviewed results for quarter ended 30.09.2026; gross NPAs 2.55%
Board met on 16.10.2026 and approved the Unaudited/Reviewed Financial Results (Standalone and Consolidated) for the quarter/half-year ended 30.09.2026.
By ScoutQuest · · 2 min read
- Total Income (Standalone, Rs. in lacs)
- 3818541
- Net Profit (Standalone, Rs. in lacs)
- 553223
- Gross NPAs / Net NPAs
- 2.55% / 0.25%
What the board approved
Punjab National Bank's board met on 16 October 2026 and approved the Unaudited/Reviewed Financial Results of the Bank (Standalone and Consolidated) for the quarter/half-year ended 30 September 2026.
The results were reviewed and recommended by the Audit Committee and approved by the Board of Directors, and have been subjected to limited review by the Statutory Central Auditors of the Bank.
A Security Cover Certificate for the quarter ended 30 September 2026 was enclosed, and the Statement of Deviation/Variation for the quarter ended 30 September 2026 is not applicable.
The numbers, as printed
The results tables are printed in Rs. in lacs, so each figure below carries that unit.
- Standalone, quarter ended 30.09.2026: Total Income 3818541 and Net Profit 553223.
- Standalone Capital Adequacy Ratio (Basel III) as on 30.09.2026: 17.95%.
- Standalone Gross NPAs: 2.55%; Net NPAs: 0.25%.
Gross NPAs show the share of loans where repayment is overdue; Net NPAs are after deducting the money set aside for such loans. A lower percentage points to a smaller stressed share of the loan book. Capital Adequacy Ratio is the cushion of capital a bank holds against its loans.
Set-asides and reserves
- The Provisioning Coverage Ratio (including technically written off accounts) as at 30 September 2026 works out to 97.32%.
- During the quarter, the Bank proactively made an additional provision of Rs. 1150 crore on standard advances, over and above the regulatory minimum.
- With the requirement to maintain an Investment Fluctuation Reserve discontinued, the outstanding IFR balance of Rs. 4143.55 crore has been transferred to Other Reserves (General Reserve) during the half year ended 30 September 2026.
Provisions are amounts set aside from profit for loans that may not come back. Moving the IFR balance to Other Reserves (General Reserve) shifts money within the Bank's own reserves.
Other points in the outcome
- During the quarter/half year ended 30 September 2026, the Bank states it has not availed any dispensation in respect of frauds, and that no un-amortised amount has been carried forward to subsequent quarters.
- Segment reporting identifies a Digital Banking sub-segment under the Retail Banking Segment.
Also from Punjab National Bank
Q2 FY27 call: net profit INR 5,532 crores, domestic NIM 2.74%, GNPA 2.55%
23 Oct 2026
PNB MD Ashok Chandra said domestic NIM grew 10 basis points and global NIM grew 8 basis points this quarter due to liquidity management and shedding low-yielding advances
19 Oct 2026
PNB MD & CEO Ashok Chandra said margin improvement driven by liquidity and deposit cost management, with NIM expansion seen
19 Oct 2026
More numbers
- Standalone Total Income, quarter ended 30.09.20263818541 (Rs. in lacs)
- Standalone Net Profit, quarter ended 30.09.2026553223 (Rs. in lacs)
- Standalone Gross NPAs (% of Gross NPAs), 30.09.20262.55
- Standalone Net NPAs (% of Net NPAs), 30.09.20260.25
- Standalone Capital Adequacy Ratio - Basel III (%), 30.09.202617.95
- Provisioning Coverage Ratio incl. technically written off accounts97.32%
- Investment Fluctuation Reserve transferred to General ReserveRs. 4143.55 crore
- Additional provision on standard advances made in the quarterRs. 1150 crore
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