PNB Housing Finance Q1 Profit Rises 23% to ₹534 Crore on Strong Loan Growth

PNB Housing Finance on Monday reported a 23% increase in its net profit to ₹534 crore for the first quarter ended June 2025.

The housing finance firm had earned a net profit of ₹433 crore in the same quarter of the previous year.

The company's total income for the quarter grew to ₹2,082 crore from ₹1,832 crore in the corresponding quarter of the previous fiscal year, PNB Housing Finance said in a regulatory filing.

Interest income for the quarter was higher at ₹1,980 crore compared to ₹1,739 crore a year ago.

The net interest income also saw a 17% rise to ₹760 crore at the end of Q1 2025 against ₹651 crore in the year-ago quarter.

The net interest margin increased to 3.75% compared to 3.65% in the first quarter of the previous year.

The gross Non-Performing Assets (NPAs) of the company decreased to 1.06% from 1.3% at the end of June 2024.

The company’s capital adequacy ratio stood at 29.68% as of June 30, 2025, of which Tier I capital is 28.96% and Tier II is 0.72% compared to 29.50% as of June 30, 2024, of which Tier I capital is 28.43%, it added