Mumbai, July 29 (Inditop.com) State-run Punjab National Bank’s net profit jumped 62 percent in the quarter ended June 30 to Rs.832.05 crore from Rs.512.4 crore in the like period last fiscal.
The bank’s total income increased 34 percent to Rs.6,177.58 crore from Rs.4,594.6 crore, it said in a regulatory statement.
Its operating profit increased 59.7 percent to Rs.1,569.34 crore in the quarter from Rs.982.43 crore in the corresponding period last year.
Interest income rose 26 percent to Rs.5,207.42 crore during the June quarter, while the interest expenditure stood at Rs.3,345.61 crore, up 24 percent over the year-ago period.
