Signal Desk · Markets

PNB posts record Rs 5,532 crore profit, targets Rs 6,000 crore

2026-10-18 · 1 source · Economic Times Banking Finance

In short

Punjab National Bank reported a record quarterly net profit of Rs 5,532 crore for September 2026. Its core operating profit rose about 29% year on year, even after treasury losses of Rs 1,000 crore, and the bank said it wants to reach Rs 6,000 crore in net profit in the next quarters.

This matters because stronger profits can support the bank’s growth plans and lending. The report says retail, agriculture, and MSME loans are helping, but it does not say when the Rs 6,000 crore target will be reached.

What the reporting says

Punjab National Bank reported a record quarterly net profit of Rs 5,532 crore for September 2026, according to the publisher summary. Core operating profit rose by around 29% year on year despite treasury losses of Rs 1,000 crore, and the bank is aiming for Rs 6,000 crore in net profit in upcoming quarters. The report also says loan growth is being supported by retail, agriculture and MSME demand, but the exact timing of the target is not given.

Why it matters

Punjab National Bank reported a record quarterly net profit of Rs 5,532 crore for September 2026, with core operating profit up about 29% year on year despite Rs 1,000 crore in treasury losses. The bank is guiding toward Rs 6,000 crore in net profit in upcoming quarters. The reporting links loan growth to retail, agriculture and MSME segments, but does not specify how soon the target may be achieved.

Touches: Punjab National Bank, Banking, Markets, Companies

Sources