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PNB Gilts Shares Surge 12% as Q2 Profit Soars
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CNBC TV18•13-10-2026, 13:52
PNB Gilts Shares Surge 12% as Q2 Profit Soars
- •PNB Gilts Ltd. shares surged nearly 12% after reporting a net profit of ₹44.84 crore for Q2FY27, swinging from a net loss of ₹45.35 crore in the same quarter last year.
- •Revenue from operations saw a minor decline of 1.6% year-on-year to ₹436.3 crore compared to ₹443.4 crore in the year-ago period.
- •Sequentially, the net profit declined 44.4% from ₹80.70 crore in Q1FY27, while total income fell 4% quarter-on-quarter.
- •For the first half of FY27, the company reported a net profit of ₹125.53 crore, reflecting an increase of about 9.4% compared to the previous year.
- •The stock reached an intraday high of ₹79 following the announcement and traded 7.8% higher at ₹76.2.
Key Questions Answered
PNB Gilts reported a net profit of ₹44.84 crore for Q2FY27, successfully swinging to a profit from a net loss of ₹45.35 crore in the corresponding quarter last year.
Shares of PNB Gilts surged nearly 12% on Tuesday, October 13, recording an intraday high of ₹79 following the release of the September quarter results.
The net interest income (NII) for PNB Gilts stood at ₹92.17 crore in Q2FY27, compared with ₹102.69 crore in the previous quarter and ₹96.24 crore in the year-ago period.
