ALPHA TRIBE

Punjab & Sind BankUpdates, 19-07-2025: Press Release

19-07-2025 | 05:20 pm

Punjab & Sind Bank delivered robust Q1 financial results. Net Profit soared 47.80% to ₹269 Cr., with Operating Profit up 70.35% to ₹540 Cr. Asset quality saw significant improvement: Gross NPAs dropped to 3.34% from 4.72%, and Net NPAs to 0.91% from 1.59%. Provision Coverage Ratio strengthened to 91.77%. Total business grew 10.94% to ₹231132 Cr., driven by 13.92% growth in advances, indicating healthy operational performance and strong business expansion.

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