Punjab National Bank — Investor Meet, 05-08-2025: Analysts/Institutional Investor Meet/Con. Call Updates

PNB's Q1 FY26: Strong business growth with global gross business at Rs. 27.19 lakh Cr (+11.6% YoY) & deposits at Rs. 15.89 lakh Cr (+12.9% YoY). Advances grew 9.8% to Rs. 11.30 lakh Cr. Operating profit hit a record Rs. 7,081 Cr. Net profit of Rs. 1,675 Cr was affected by a one-time tax provision due to a new tax regime, but future profitability is seen improving. Asset quality significantly improved: GNPA 3.78% (from 4.98% YoY), Net NPA 0.38% (from 0.60% YoY). Recoveries topped slippages. Bank is bullish on digital transformation & RAM segment growth.