Punjab & Sind Financial institution Q3 revenue surges 19% YoY

State-run Punjab & Sind Financial institution on Saturday reported a 19% enhance in internet revenue to ₹336 crore within the December quarter as unhealthy loans declined. The Delhi-headquartered financial institution had earned a internet revenue of ₹282 crore a 12 months in the past.

Complete earnings elevated to ₹3,529 crore through the quarter below overview in opposition to ₹3,269 crore in the identical interval final 12 months, Punjab & Sind Financial institution mentioned in a regulatory submitting.

The curiosity earnings additionally rose to ₹3,042 crore in contrast with ₹2,931 crore within the year-ago interval.

On the asset high quality entrance, gross non-performing belongings (NPAs) declined to 2.6% of the gross loans by the tip of December 2025 from 3.8% a 12 months earlier.

Equally, internet NPAs or unhealthy loans got here right down to 0.7% from 1.3% on the finish of the third quarter of the earlier fiscal 12 months. Because of this provisions for the unhealthy loans declined to ₹47 crore from ₹96 crore on the finish of third quarter of the final fiscal 12 months.

The Provision Protection Ratio (together with technically written off) as on December 31, 2025, works out to 92.2% in opposition to 89.5% on the finish of December 31, 2024.