New Delhi: State-owned Punjab National Bank (PNB) on Tuesday reported a 14.4 percent year-on-year rise in net profit to Rs 5,225 crore for the three months ended March 2026, driven by higher interest income. The lender had earned a net profit of Rs 4,567 crore in the year-ago period.

However, the bank's total income fell to Rs 36,319 crore during the quarter under review from Rs 36,705 crore a year ago, PNB said in a regulatory filing.

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Interest income grew to Rs 32,157 crore from Rs 31,989 crore in the fourth quarter of the previous financial year.

On the asset quality front, the bank's gross Non-Performing Assets (NPAs) improved to 2.95 percent of gross advances as compared to 3.95 percent by the end of March 2025.

Similarly, net NPAs came down to 0.29 percent from 0.4 percent.

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The board also recommended a dividend of Rs 3 per equity share for FY 2025-26, subject to approval of shareholders at the ensuing Annual General Meeting of the bank.

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