Punjab National Bank Q1 Results: Net Profit Triples Even As Provisions Rise; NII Up 2%

Punjab National Bank's Q1 net profit tripled to Rs 1,296 cr despite higher provisions.

Net Interest Income rose 2% year-on-year.

Gross NPA improved 17 bps to 2.78% from 2.95%.

Net NPA improved 1 bps to 0.28%.