PNB Housing Finance Q4 Net Profit Rises 25% to ₹550 Crore
PNB Housing Finance Ltd on Monday reported a strong 25 per cent year-on-year increase in its net profit for the March quarter, reaching ₹550 crore, up from ₹439 crore recorded in the corresponding quarter last year.

The housing finance company also saw a healthy growth in its total income, which rose to ₹2,037 crore during the fourth quarter of 2023-24, compared to ₹1,814 crore in the same period of the previous fiscal year, according to a regulatory filing.

The steady rise in profitability reflects the company’s ongoing efforts to strengthen its loan portfolio and operational efficiencies amid a competitive housing finance market.

PNB Housing Finance is among India’s leading housing finance providers, and its positive performance in the March quarter is seen as a continuation of its recovery and growth trajectory post-pandemic.

Further details about asset quality, loan disbursements, and business outlook for FY25 are expected to be shared during the company’s earnings call