Q3 Results: Punjab & Sind Bank profit surges 19% to ₹336 crore

New Delhi: State-owned Punjab & Sind Bank on Saturday reported a 19 per cent rise in net profit. ₹336 crore in the December quarter as bad loans decreased.

Delhi-based bank posted net profit ₹282 crore a year ago.

The bank’s total income increased ₹3,529 crore in the quarter under review ₹3,269 crore in the same period last year, Punjab & Sind Bank said in a regulatory filing.

Interest income also increased ₹compared to 3,042 crore ₹2,931 crore in the same period of the previous year.

From an asset quality perspective, gross non-performing assets (NPAs) declined to 2.6 per cent of gross loans at the end of December 2025 from 3.83 per cent in the previous year.

Similarly, net NPAs or bad loans decreased from 1.25 percent to 0.74 percent at the end of the third quarter of the previous fiscal.

As a result, provisions for bad loans decreased ₹47 crore ₹96 crore at the end of the third quarter of the last financial year.

The Provision Coverage Ratio (including technical cancellations) corresponds to 92.23 percent as of December 31, 2025, compared to 89.53 percent as of the end of December 31, 2024.

The bank’s capital adequacy ratio increased from 15.95 percent to 16.83 percent at the end of December 2024.

Punjab & Sind Bank reports net profit for the quarter ₹compared to 900 crore ₹703 crore in the nine-month period of the previous year.