Punjab & Sind Bank disclosed its reviewed unaudited financial results for the quarter (Q2) and half year ended September 30, 2026 through a press release dated October 17, 2026, filed with BSE Limited and National Stock Exchange of India Ltd.

Quarterly Performance Highlights (Q2 FY2027 vs Q2 FY2026)

  • Net Profit increased by 39.66% year-on-year from ₹295 crore to ₹412 crore
  • Operating Profit grew by 22.38% year-on-year from ₹505 crore to ₹618 crore
  • Net Profit increased by 24.47% quarter-on-quarter from ₹331 crore to ₹412 crore
  • Operating Profit grew by 13.39% quarter-on-quarter from ₹545 crore to ₹618 crore
  • Net Interest Income grew by 22.32% to ₹1,162 crore
  • Total Income grew by 11.06% to ₹3,747 crore
  • Core fee income grew by 23.62% to ₹246 crore

Asset Quality Indicators (YoY Change)

  • Gross NPA decreased by 83 basis points from 2.92% to 2.09%
  • Net NPA reduced by 22 basis points from 0.83% to 0.61%
  • Gross NPA in absolute terms decreased by 14.47% from ₹3,082 crore to ₹2,636 crore
  • Net NPA in absolute terms decreased by 12.06% from ₹854 crore to ₹751 crore
  • Provision Coverage Ratio increased by 60 basis points from 91.88% to 92.48%

Business Growth Metrics (YoY Change)

  • Total Business registered growth of 15.73% to ₹279,231 crore
  • Total Deposit showed growth of 12.97% to ₹153,312 crore from ₹135,706 crore
  • Retail Term Deposits grew by 9.64% to ₹67,354 crore from ₹61,432 crore
  • Total Advances grew by 19.28% to ₹125,919 crore from ₹105,566 crore
  • RAM advances registered growth of 31.08% to ₹77,276 crore from ₹58,953 crore
  • RAM (%) increased by 553 basis points from 55.84% to 61.37%
  • Retail advances grew by 42.71%
  • Agriculture advances grew by 16.01%
  • MSME advances grew by 28.69%
  • Business per Branch improved from ₹148.77 crore to ₹164.20 crore

Profitability Ratios (YoY Change)

  • Return on Assets improved by 16 basis points from 0.72% to 0.88%
  • Return on Equity improved by 280 basis points from 10.41% to 13.21%
  • Net Interest Margin improved by 17 basis points from 2.60% to 2.77%
  • Cost to Income ratio reduced by 268 basis points from 61.87% to 59.19%
  • Capital Adequacy Ratio (CRAR) reduced by 64 basis points from 17.19% to 16.55%

Half Year Performance (HY1 FY2027 vs HY1 FY2026)

  • Operating Profit grew by 11.29% from ₹1,045 crore to ₹1,163 crore
  • Net Profit grew by 31.74% from ₹564 crore to ₹743 crore
  • Net Interest Income grew by 18.85% from ₹1,851 crore to ₹2,200 crore
  • Core Fee Income grew by 19.53% from ₹343 crore to ₹410 crore
  • Cost to Income Ratio improved by 152 basis points from 61.20% to 59.68%
  • Return on Assets improved by 11 basis points from 0.70% to 0.81%
  • Net Interest Margin improved by 9 basis points from 2.56% to 2.65%
  • Return on Equity improved by 206 basis points from 10.13% to 12.19%

The disclosure was made pursuant to regulatory requirements and the full document is available on the bank's website at https://punjabandsind.bank.in/.