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PNB Housing Finance: Net profit jumps 28% to Rs 567 crore, NII up 20%; Rs 5/share dividend declared

PNB Housing Finance: Net profit jumps 28% to Rs 567 crore, NII up 20%; Rs 5/share dividend declared

PNB Housing Finance Q4 FY25 Earnings Latest News: PNB Housing Finance, a New Delhi-headquartered non-banking financial company (NBFC), on Monday reported a standalone net profit of RsĀ 567.1 crore for the quarter ended March 31, marking an increase of 27.8 per cent over the corresponding period a year ago.

Its net interest income (NII), a key measure of a lender’s revenue, expanded almost 20 per cent on a year-on-year basis to RsĀ 736 crore, according to a regulatory filing.Ā 

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The company’s revenue grew 12.7 per cent to Rs 2,029.9 crore for the March quarter, it noted.Ā 

PNB Housing Finance said its disbursements jumped 25 per cent to RsĀ 21,972 crore, with gains of 26 per cent and 36 per cent in the retail and ‘affordable and emerging markets’ segments, respectively.Ā 

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As of March 31, its assets under management (AUM) were up 13 per cent at RsĀ 80,397 crore over the year-ago period.

PNB Housing Finance Q4 margin

The housing finance company’s net interest margin (NIM), a key measure of a lender’s profitability, improved by 10 basis points (bps) on a year-on-year basis to 3.75 per cent.

PNB Housing Finance dividend news

The NBFC declared a dividend of Rs 5 per equity share.Ā 

PNB Housing Finance asset quality

The NBFC staged an improvement in its asset quality, captured as changes in the proportion of bad assets to total loans.Ā 

Its gross and net non-performing assets (NPAs) as a percentage of total loans stood at 1.08 per cent and 0.69 per cent for the quarter ended March 31, marking declines of 42 bps and 26 bps compared with the previous quarter, respectively.Ā 

PNB Housing Finance share price

Earlier on Monday, the PNB Housing Finance stock ended 1.3 per cent stronger at Rs 983.9 apiece on BSE.

FY25 earnings

For the financial year ended March 31, PNB Housing Finance’s NII increased 15 per cent to Rs 2,621 crore while NIM declined by 4 bps toĀ 3.7 per cent.

Catch keyĀ stock market updatesĀ here. For all other news, visitĀ Zeebiz.com.

Doonited Affiliated: Syndicate News Hunt

This report has been published as part of an auto-generated syndicated wire feed. Except for the headline, the content has not been modified or edited by Doonited

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