**Punjab & Sind Bank Reports 19% Rise in Q3 Net Profit**
**Meta Description:** Punjab & Sind Bank’s net profit surged by 19% to ₹336 crore in Q3, driven by a decline in bad loans and increased total income.
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**Headline:** Punjab & Sind Bank Achieves 19% Growth in Net Profit for December Quarter
In a significant financial update, Punjab & Sind Bank, a state-owned institution based in New Delhi, announced a remarkable 19% increase in its net profit for the December quarter, reaching ₹336 crore. This growth is attributed to a reduction in bad loans, showcasing the bank’s improved asset quality. In the same quarter last year, the bank reported a net profit of ₹282 crore.
The bank’s total income also saw an uptick, rising to ₹3,529 crore during the quarter under review, compared to ₹3,269 crore in the corresponding period last year. Interest income contributed to this growth, climbing to ₹3,042 crore from ₹2,931 crore a year earlier.
On the asset quality front, the bank reported a decline in gross non-performing assets (NPAs), which fell to 2.6% of gross loans by the end of December 2025, down from 3.83% a year prior. Similarly, net NPAs decreased to 0.74% from 1.25% at the end of the third quarter of the previous fiscal year. This improvement led to a reduction in provisions for bad loans, which decreased to ₹47 crore from ₹96 crore at the end of the previous fiscal year’s third quarter.
As of December 31, 2025, the Provision Coverage Ratio, including technically written-off loans, stood at 92.23%, an increase from 89.53% a year earlier. Additionally, the bank’s capital adequacy ratio improved to 16.83%, up from 15.95% at the end of December 2024.
For the first three quarters of the fiscal year, Punjab & Sind Bank reported a cumulative net profit of ₹900 crore, compared to ₹703 crore during the same period last year, indicating a strong financial performance.
In conclusion, Punjab & Sind Bank’s latest financial results reflect a positive trajectory, driven by improved asset quality and increased income, positioning the bank favorably for future growth.
**FAQ:**
**What factors contributed to Punjab & Sind Bank’s profit increase?**
The increase in net profit was primarily due to a decline in bad loans and a rise in total income, particularly from interest earnings.