PNB Housing Finance on Wednesday reported a 15 per cent decline in net profit at Rs 313 crore for the quarter ended September.
The housing finance company had posted a net profit of Rs 367 crore during the corresponding period of the previous fiscal.
Total revenue during the July-September period of FY21 declined by 9 per cent at Rs 2,022 crore, as against Rs 2,230 crore in the same period of 2019-20, PNB Housing Finance said in a statement.
Net interest margin stood at 3.5 per cent as compared to 3.2 per cent earlier, while the gross margin (net of acquisition cost) stood