Hot Pursuit     04-Jun-20
PNB Gilts hits the roof after turnaround Q4 show
PNB Gilts hits an upper circuit of 20% at Rs 33.70 after the company reported a net profit of Rs 99 crore in Q4 March 2020 compared with net loss of Rs 7.70 crore in Q4 March 2019.

Total revenue from operations jumped 88.9% to Rs 276.07 crore in Q4 FY20 over Q4 FY19. The company's interest income grew 44.9% to Rs 208.42 crore during the quarter. Net gain on securities surged to Rs 66.27 crore in Q4 FY20 as against Rs 1.58 crore in Q4 FY19.

Profit before tax stood at Rs 132.06 crore in the fourth quarter, soaring 487.72% from Rs 22.47 crore in the corresponding period last year. Current tax expenses were at Rs 33.15 crore in Q4 FY20 as against Rs 3.66 crore in Q4 FY19.

PNB Gilts trades in government dated securities, treasury bills, bonds of sector enterprises, government guaranteed bonds, and state government securities. The company also deals with money market operations, including call/notice and term money, short term borrowing, bill discounting, and certificates of deposit.

Previous News
  PNB Gilts fixes record date for interim dividend
 ( Market Beat - Reports 19-Jul-23   09:25 )
  PNB Gilts reports standalone net loss of Rs 15.47 crore in the December 2023 quarter
 ( Results - Announcements 25-Jan-24   07:45 )
  PNB Gilts appoints director
 ( Corporate News - 06-Dec-23   12:19 )
  PNB Gilts to convene board meeting
 ( Corporate News - 16-Apr-24   14:31 )
  PNB Gilts to discuss results
 ( Corporate News - 16-Jun-21   09:50 )
  PNB Gilts gains on interim dividend proposal
 ( Hot Pursuit - 19-Jul-23   12:16 )
  PNB Gilts redeems commercial paper aggregating Rs 300 cr
 ( Corporate News - 30-Mar-21   18:13 )
  PNB Gilts reports standalone net loss of Rs 6.15 crore in the December 2021 quarter
 ( Results - Announcements 22-Jan-22   08:10 )
  Board of PNB Gilts recommends Interim Dividend
 ( Corporate News - 11-Nov-20   10:58 )
  PNB Gilts reports standalone net loss of Rs 13.91 crore in the December 2017 quarter
 ( Results - Announcements 02-Feb-18   14:09 )
  PNB Gilts
 ( Results - Analysis 30-Apr-15   18:47 )
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