Punjab & Sind Bank

Profit before tax (PBT) stood at Rs 442.37 crore in Q4 FY25, registering growth of 95.07% YoY. Net interest income (NII) grew 62.84% to Rs 1,122 crore in Q4 FY25 as compared with Rs 689 crore recorded in Q4 FY24. During the quarter, the bank's total business grew by 11.69% YoY to Rs 2,29,379 crore, wherein total advances were up by 15.87% YoY to Rs 99,605 crore. Total deposits rose 8.68% to Rs 1,29,774 crore as against Rs 1,19,410 crore recorded in the corresponding quarter last year. CASA deposits stood at Rs 40,790 crore in Q4 FY25 as compared to Rs 38,708 crore posted in Q4 FY24, registering a growth of 5.38%. The CASA ratio was 32.42% as of 31 March 2025, as against 31.43% as of 31 March 2024. Gross non-performing assets (GNPA) fell 27.76% to Rs 3,370.06 crore as of 31 March 2025, as against 4,665.35 crore as of 31 March 2024. On the asset quality front, the gross NPA ratio reduced to 3.38% in Q4 FY25 as against 5.43% recorded in Q4 FY24. The net NPA ratio reduced to 0.96% in Q4 FY25 as against 1.63% in Q4 FY24. The Capital Adequacy Ratio (CRAR) improved by 25 bps to 17.41%, and the Tier I (including CCB) capital ratio improved to 15.59% in Q4 FY25 as against 14.74% registered in Q4 FY24. The bank's provision coverage ratio increased by 269 bps and stands at 91.38%. The bank's CD ratio improved by 476 bps to 76.75% in Q4 FY25 as against 71.99% in Q4 FY24. Meanwhile, the bank's board has recommended a dividend of Rs 0.07 per equity share for the year 2024-25, subject to the approval of shareholders at the ensuing Annual General Meeting of the Bank. Punjab and Sind Bank is a leading public sector bank and a major bank in northern India. The bank provides customer service through innovative products and services for different customer segments. The bank has a total of 1,610 branches and 1,047 ATMs. The scrip added 0.10% to end at Rs 30.28 on the BSE. Powered by Capital Market - Live

Punjab & Sind Bank announced that the Board of Directors of the Company at its meeting held on 29 April 2025, inter alia, have recommended the final dividend of Rs 0.07 per equity Share (i.e. 0.7%) , subject to the approval of the shareholders.Powered by Capital Market - Live

Net profit of Punjab & Sind Bank rose 124.46% to Rs 312.78 crore in the quarter ended March 2025 as against Rs 139.35 crore during the previous quarter ended March 2024. Total Operating Income rose 27.31% to Rs 3158.94 crore in the quarter ended March 2025 as against Rs 2481.27 crore during the previous quarter ended March 2024. For the full year,net profit rose 70.61% to Rs 1015.83 crore in the year ended March 2025 as against Rs 595.42 crore during the previous year ended March 2024. Total Operating Income rose 18.44% to Rs 11481.30 crore in the year ended March 2025 as against Rs 9693.98 crore during the previous year ended March 2024. ParticularsQuarter EndedYear EndedMar. 2025Mar. 2024% Var.Mar. 2025Mar. 2024% Var. Total Operating Income3158.942481.27 27 11481.309693.98 18 OPM %57.0664.72 -65.0467.76 - PBDT442.37226.79 95 1337.55936.98 43 PBT442.37226.79 95 1337.55936.98 43 NP312.78139.35 124 1015.83595.42 71 Powered by Capital Market - Live

Punjab & Sind Bank will hold a meeting of the Board of Directors of the Company on 29 April 2025.Powered by Capital Market - Live

Wanbury Ltd, Websol Energy System Ltd, Shaily Engineering Plastics Ltd and Blue Jet Healthcare Ltd are among the other losers in the BSE's 'B' group today, 02 April 2025.Punjab & Sind Bank tumbled 9.14% to Rs 31.63 at 14:32 IST.The stock was the biggest loser in the BSE's 'B' group.On the BSE, 9.45 lakh shares were traded on the counter so far as against the average daily volumes of 2.28 lakh shares in the past one month.Wanbury Ltd lost 5.65% to Rs 253.7. The stock was the second biggest loser in 'B' group.On the BSE, 22623 shares were traded on the counter so far as against the average daily volumes of 12382 shares in the past one month.Websol Energy System Ltd crashed 5.00% to Rs 1192.3. The stock was the third biggest loser in 'B' group.On the BSE, 1.43 lakh shares were traded on the counter so far as against the average daily volumes of 41513 shares in the past one month.Shaily Engineering Plastics Ltd corrected 5.00% to Rs 1690.7. The stock was the fourth biggest loser in 'B' group.On the BSE, 15937 shares were traded on the counter so far as against the average daily volumes of 3998 shares in the past one month.Blue Jet Healthcare Ltd pared 5.00% to Rs 794.95. The stock was the fifth biggest loser in 'B' group.On the BSE, 19632 shares were traded on the counter so far as against the average daily volumes of 33858 shares in the past one month.Powered by Capital Market - Live

Kaushalya Infrastructure Development Corpn Ltd, Keynote Financial Services Ltd, DRC Systems India Ltd and Fischer Medical Ventures Ltd are among the other losers in the BSE's 'B' group today, 01 April 2025.Punjab & Sind Bank tumbled 20.00% to Rs 34.81 at 14:32 IST.The stock was the biggest loser in the BSE's 'B' group.On the BSE, 18.15 lakh shares were traded on the counter so far as against the average daily volumes of 1.18 lakh shares in the past one month.Kaushalya Infrastructure Development Corpn Ltd crashed 8.00% to Rs 831.15. The stock was the second biggest loser in 'B' group.On the BSE, 2 shares were traded on the counter so far as against the average daily volumes of 104 shares in the past one month.Keynote Financial Services Ltd lost 7.06% to Rs 280.2. The stock was the third biggest loser in 'B' group.On the BSE, 1879 shares were traded on the counter so far as against the average daily volumes of 1981 shares in the past one month.DRC Systems India Ltd plummeted 6.15% to Rs 28.1. The stock was the fourth biggest loser in 'B' group.On the BSE, 26035 shares were traded on the counter so far as against the average daily volumes of 32626 shares in the past one month.Fischer Medical Ventures Ltd shed 5.31% to Rs 850. The stock was the fifth biggest loser in 'B' group.On the BSE, 5511 shares were traded on the counter so far as against the average daily volumes of 28123 shares in the past one month.Powered by Capital Market - Live

Delhivery Ltd, Indus Towers Ltd, Hatsun Agro Product Ltd, HBL Engineering Ltd are among the other stocks to see a surge in volumes on BSE today, 01 April 2025.Punjab & Sind Bank witnessed volume of 9.57 lakh shares by 10:47 IST on BSE, a 5.32 times surge over two-week average daily volume of 1.80 lakh shares. The stock dropped 18.34% to Rs.35.53. Volumes stood at 2.38 lakh shares in the last session.Delhivery Ltd recorded volume of 4.73 lakh shares by 10:47 IST on BSE, a 4.52 times surge over two-week average daily volume of 1.05 lakh shares. The stock gained 1.51% to Rs.258.95. Volumes stood at 1.97 lakh shares in the last session.Indus Towers Ltd clocked volume of 3.82 lakh shares by 10:47 IST on BSE, a 3.58 times surge over two-week average daily volume of 1.07 lakh shares. The stock gained 7.02% to Rs.357.55. Volumes stood at 1.29 lakh shares in the last session.Hatsun Agro Product Ltd saw volume of 19535 shares by 10:47 IST on BSE, a 3.36 fold spurt over two-week average daily volume of 5807 shares. The stock dropped 5.40% to Rs.912.60. Volumes stood at 876 shares in the last session.HBL Engineering Ltd witnessed volume of 7.85 lakh shares by 10:47 IST on BSE, a 2.77 times surge over two-week average daily volume of 2.84 lakh shares. The stock increased 10.92% to Rs.523.70. Volumes stood at 2.89 lakh shares in the last session.Powered by Capital Market - Live

The board of directors of the bank authorized and declared the opening of the issue on Monday, 24 March 2025. The floor price of Rs 40.38 is at a discount of 9.42% to the scrip's previous closing price of Rs 44.58 on the BSE. The bank may offer a discount of not more than 5% on the floor price so calculated for the issue. The issue price will be determined by the bank in consultation with the book-running lead manager appointed for the issue. Punjab and Sind Bank is a leading public sector bank and a major bank in northern India. The bank provides customer service through innovative products and services for different customer segments. The company's standalone net profit surged 146.7% to Rs 281.96 crore in Q3 FY25 as compared with Rs 114.31 crore in Q3 FY24. Total income jumped 14.6% YoY to Rs 3,269.37 crore in Q3 FY25.Powered by Capital Market - Live

Punjab & Sind Bank is up for a third straight session today. The stock is quoting at Rs 41.24, up 1.88% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.51% on the day, quoting at 22451.5. The Sensex is at 74122.32, up 0.53%. Punjab & Sind Bank has slipped around 12.05% in last one month. Meanwhile, Nifty PSU Bank index of which Punjab & Sind Bank is a constituent, has slipped around 4.21% in last one month and is currently quoting at 5890.45, up 0.77% on the day. The volume in the stock stood at 2.99 lakh shares today, compared to the daily average of 8.04 lakh shares in last one month.The PE of the stock is 32.69 based on TTM earnings ending December 24.Powered by Capital Market - Live

Infomerics Ratings stated that the rating continues to derive strength from sovereign ownership with continued support, adequate capitalisation, diversified loan book and improvement in earnings profile over the years. However, the ratings are constrained by moderate asset quality albeit improving, moderate resource profile, relatively moderate size & geographically concentrated operations. The credit rating agency expects outlook to remain stable on the expectations of continued support from the Government of India (GoI), growth in advances, healthy resource profile, comfortable capitalization levels and improvement in asset quality. The agency further said that a substantial growth in advances and deposits, profitability, and capitalization levels of the bank and substantial improvement in asset quality. However, any weakening of linkages with Government of India (GoI), any major increase in slippage leads to weakening of asset quality, thereby impacting the earnings profile or any material decline in overall capital adequacy ratios below the current level could lead to negative rating action. Punjab and Sind Bank (PSB) is a mid-sized corporate-focused public sector bank based out of New Delhi that operates through a network of 1,584 branches as on 31 December 2024 with branch concentration in north India. The Government of India's (GOI) shareholding in the bank stood at 98.25% as on 31 December 2024. Powered by Capital Market - Live