Punjab & Sind Bank Q4 FY26 Net Profit Hits Record Rs.422 Crore

Punjab & Sind Bank reported its highest-ever annual net profit of Rs.1,322 crore, up 30.12% YoY, and Q4 net profit of Rs.422 crore, up 34.82%.
Total business grew 14.94% to Rs.2,63,652 crore, with advances up 18.29% and deposits up 12.37%; RAM segment reached 59% of advances.
Asset quality improved with Gross NPA at 2.4% and Net NPA at 0.79%; bank provided FY27 guidance including 16-18% advances growth and Gross NPA below 2%.
Management discussed ECL implementation impact (Rs.600-800 crore over 5 years), digital transformation plans, and expansion via new zonal/regional offices and GIFT City launch.