Punjab & Sind Bank Reports Strong Q3FY26 Performance with 19.15% Net Profit Growth
Punjab & Sind Bank delivered strong Q3FY26 results with net profit growing 19.15% YoY to ₹336.42 crore and operating profit increasing 22.75% to ₹594.00 crore. Asset quality improved significantly with gross NPA declining 123 bps to 2.60% and PCR strengthening to 92.23%. The bank showed robust business growth with total business up 11.75%, retail advances growing 19.58%, and MSME advances expanding 22.94%.
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Punjab & Sind Bank reported strong financial results for the quarter ended December 31, 2025, demonstrating significant improvement across key performance metrics. The government-owned bank's net profit grew 19.15% year-on-year to ₹336.42 crore, up from ₹281.96 crore in the corresponding quarter of the previous year.
Financial Performance Highlights
The bank's operational efficiency improved substantially during the quarter. Operating profit increased by 22.75% to ₹594.00 crore, reflecting enhanced revenue generation and cost management. Total income from operations reached ₹3,549.27 crore compared to ₹3,269.37 crore in Q3FY25, marking an 8.55% year-on-year growth.
| Financial Metric: | Q3FY26 | Q3FY25 | Growth (%) |
|---|---|---|---|
| Net Profit: | ₹336.42 cr | ₹281.96 cr | +19.15% |
| Operating Profit: | ₹594.00 cr | - | +22.75% |
| Total Income: | ₹3,549.27 cr | ₹3,269.37 cr | +8.55% |
| Pre-tax Profit: | ₹456.47 cr | ₹374.65 cr | +21.84% |
Asset Quality Improvement
The bank achieved significant improvement in asset quality parameters during the quarter. Gross Non-Performing Assets (NPA) declined by 123 basis points to 2.60%, while Net NPA decreased by 51 basis points to 0.74%. The Provision Coverage Ratio (PCR) strengthened to 92.23%, representing an improvement of 270 basis points year-on-year.
| Asset Quality Parameter: | Q3FY26 | Change (bps) |
|---|---|---|
| Gross NPA: | 2.60% | -123 bps |
| Net NPA: | 0.74% | -51 bps |
| PCR: | 92.23% | +270 bps |
| CRAR: | 16.83% | +88 bps |
Business Growth Metrics
The bank demonstrated robust growth across various business segments. Total business growth reached 11.75%, while gross advances grew by 15.05%. Retail advances showed particularly strong performance with 19.58% growth, and MSME advances expanded by 22.94%, indicating the bank's focus on priority sector lending.
Nine-Month Performance
For the nine months ended December 31, 2025, the bank reported net profit of ₹900.10 crore, representing a 28.05% increase from ₹703.05 crore in the corresponding period last year. Total income for the nine-month period reached ₹10,301.94 crore compared to ₹9,213.25 crore in the previous year.
Capital Position
The bank maintained a strong capital position with Capital Risk-Adjusted Ratio (CRAR) at 16.83%, up 88 basis points from the previous year. The debt-equity ratio stood at 0.63, while paid-up equity share capital remained at ₹7,095.59 crore. Net worth increased to ₹11,663.80 crore from ₹9,234.41 crore in the corresponding quarter last year.
Earnings Per Share
Basic and diluted earnings per share for the quarter stood at ₹0.47, compared to ₹0.42 in Q3FY25. For the nine-month period, EPS reached ₹1.27 compared to ₹1.04 in the corresponding period last year.
The results were approved by the Board of Directors in their meeting held on January 17, 2026, and were published in leading financial newspapers including Financial Express, Business Standard, Business Line, and Jansatta on January 18, 2026.
Historical Stock Returns for Punjab & Sind Bank
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -2.62% | +4.21% | +4.09% | -13.96% | -42.95% | +113.86% |
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