PNB’s Q4 profit surges 52% to Rs 4,567 crore, FY25 profit doubled to Rs 16,630

Punjab National Bank (PNB) witnessed a significant surge in profitability, reporting a 52% increase in net profit to Rs 4,567 crore for the March quarter of FY25. The bank's asset quality improved, with gross NPAs declining to 3.95%. Bolstered by strong performance, the board recommended a dividend and approved raising up to Rs 8,000 crore through Basel III-compliant bonds.