PNB Q2 profit rises 12.8% to ₹5,532 crore; gross NPA ratio falls to 2.55%
Punjab National Bank reported a standalone net profit of ₹5,532 crore for July to September 2026, up 12.8% from ₹4,904 crore a year earlier. Its gross NPA ratio was 2.55% on 30 September 2026, down from 3.45% a year earlier.
Punjab National Bank (PNB), a government-owned bank, reported a standalone net profit of ₹5,532 crore for the quarter ended 30 September 2026 (July to September, the second quarter of the financial year 2026-27, or Q2 FY27). That is 12.8% more than the ₹4,904 crore it reported for the same quarter a year earlier. Its gross NPA ratio, the share of its loans that borrowers have stopped repaying on time, was 2.55% on 30 September 2026, against 3.45% a year earlier. News outlets reported that the bank announced the unaudited results on 16 October 2026.
Key terms
- Net profit is the profit left after all expenses, provisions and tax. Standalone means the bank’s own accounts, without subsidiaries.
- Net interest income (NII) is the interest a bank earns on loans and investments minus the interest it pays on deposits and borrowings.
- Operating profit is profit before money is set aside for bad loans and other contingencies.
- Gross NPA (non-performing asset) is a loan on which the borrower has stopped paying on time. The gross NPA ratio is those loans as a share of all loans. Net NPA is the same after subtracting the money the bank has set aside against them.
Q2 FY27 figures
Amounts are in ₹ crore as reported by the outlets listed in the sources. Percentage changes in the table are the outlets’ figures, except net profit and NII, which this site has checked by arithmetic (5,532 against 4,904 is +12.8%; 11,601 against 10,469 is +10.8%).
| Metric | Q2 FY27 | Change year on year |
|---|---|---|
| Net profit | 5,532 | +12.8% (from 4,904) |
| Net interest income | 11,601 | +10.8% (from 10,469) |
| Operating profit | 7,532 | +4.2% (as reported) |
Year on year (YoY) means compared with the same quarter a year earlier, July to September 2025.
Asset quality, as of 30 September 2026
As reported, the gross NPA ratio was 2.55%, against 3.45% on 30 September 2025. Upstox reported that it was 2.78% on 30 June 2026. The net NPA ratio was 0.25%, against 0.36% a year earlier.
Basis of these figures
The bank’s results filing and press release could not be opened for this article: the bank’s press-release page returned “Page Not Found”, the NSE announcements page did not respond, and BSE was not available. The figures above are therefore attributed to reports by the Free Press Journal, Business Today and Upstox, which agree on net profit, year-ago profit, NII, the gross and net NPA ratios and the 16 October 2026 announcement date. Operating profit and its growth are from the Free Press Journal and Upstox. The 30 June 2026 gross NPA ratio is from Upstox. Figures reported by only one outlet were left out.