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PNB Gilts Q2 Results: Swings From Loss To Profit Of Rs 44.8 Crore, Shares Surge 7 Percent.
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CNBC Awaaz•13-10-2026, 13:17
PNB Gilts Q2 Results: Swings From Loss To Profit Of Rs 44.8 Crore, Shares Surge 7 Percent.
- •Punjab National Bank subsidiary PNB Gilts Limited announced its financial results for the second quarter.
- •The company delivered an impressive turnaround, posting a net profit of Rs 44.8 crore compared to a loss of Rs 45 crore in the same quarter last year.
- •Net Interest Income and total revenue experienced a year-on-year decline, with NII dropping from Rs 96 crore to Rs 92 crore.
- •Following the positive earnings report, shares of PNB Gilts witnessed strong buying momentum and surged by over 7 percent during trading.
Key Questions Answered
In the second quarter of the year, PNB Gilts transitioned from a loss of ₹45 crore in the corresponding period last year to a net profit of ₹44.8 crore.
While the company returned to profitability, its Net Interest Income declined from ₹96 crore to ₹92 crore, and total revenue dropped from ₹443 crore to ₹436 crore year-on-year.
On October 13, 2026, PNB Gilts shares witnessed an upward trend, trading 7.41% higher at ₹75.79 with an intraday high of ₹79.15.
