Results     11-May-24
Announcements
Punjab & Sind Bank standalone net profit declines 69.51% in the March 2024 quarter
Total Operating Income rise 17.88% to Rs 2481.27 crore
Net profit of Punjab & Sind Bank declined 69.51% to Rs 139.35 crore in the quarter ended March 2024 as against Rs 456.99 crore during the previous quarter ended March 2023. Total Operating Income rose 17.88% to Rs 2481.27 crore in the quarter ended March 2024 as against Rs 2104.94 crore during the previous quarter ended March 2023.

For the full year,net profit declined 54.65% to Rs 595.42 crore in the year ended March 2024 as against Rs 1313.03 crore during the previous year ended March 2023. Total Operating Income rose 21.28% to Rs 9693.98 crore in the year ended March 2024 as against Rs 7992.73 crore during the previous year ended March 2023.

ParticularsQuarter EndedYear Ended
 Mar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var.
Total Operating Income2481.272104.94 18 9693.987992.73 21
OPM %64.7269.71 -67.7671.31 -
PBDT226.79593.13 -62 936.981619.84 -42
PBT226.79593.13 -62 936.981619.84 -42
NP139.35456.99 -70 595.421313.03 -55

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