The NII stood at Rs 10,469 crore at the end of the second quarter of FY26, which is lower than Rs 10,517 crore in the same period last year. Global Net Interest Margin (NIM) stood at 2.65% for HY1FY26 and 2.60% in Q2 FY26.
PNB’s operating profit for the second quarter of FY26 stood at Rs 7,227 crore, while for the first half of the fiscal year (HY1FY26), it reached Rs 14,308 crore, registering a year-on-year growth of 5.5% and 6.5% respectively.
Asset quality showed signs of improvement, with the gross non-performing assets (GNPA) ratio declining 103 basis points year-on-year to 3.45% in September 2025, from 4.48% a year earlier. The Net NPA (NNPA) ratio fell by 10 basis points from 0.46% to 0.36%. The provision coverage ratio (including technical depreciation) improved by 24 basis points to 96.91% from September 2025.
The bank’s return on assets (RoA) improved to 1.05% in the second quarter of FY26, compared to 1.02% in the same quarter last year.
The bank’s gross global business grew 10.6% year-on-year to Rs 27,86,673 crore as of September 2025 from Rs 25,20,246 crore. Global deposits rose 10.9% to Rs 16,17,080 crore from Rs 14,58,342 crore. Global advances rose 10.1% to Rs 11,69,592 crore from Rs 10,61,904 crore a year earlier. Retail, agriculture and MSME (RAM) receivables rose 12.7% to Rs 6,35,417 crore from Rs 5,64,049 crore. The Credit-Deposit Ratio (CD Ratio) improved by 124 basis points to 72.33% in the second quarter of FY26, versus 71.09% in the first quarter of FY26. The Capital to Risk Weighted Assets Ratio (CRAR) rose to 17.19% from 16.36% in the same period last year, reflecting an increase of 83 basis points.
Also Read: HDFC Bank Q2 Results: Standalone Net Profit Rises 11% YoY to Rs 18,641 cr; NII has a growth of 5%
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