Wednesday, March 05, 2025 | 06:06 AM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

PNB Housing Fin Q3 profit rises 58% to Rs 217 cr

Image

Press Trust of India New Delhi
PNB Housing Finance today reported a 58 per cent increase in profit after tax at Rs 217 crore for the quarter ended December 31, 2017.

The company had posted a net profit of Rs 138 crore during the same period of the previous fiscal, PNB Housing Finance said in a statement.

Total income during the quarter stood at Rs 1,438.63 crore as against Rs 998.75 crore in the year-ago period.

"During the quarter, we expanded our Central Processing Centre to Mumbai, which will give us the flexibility to accelerate business while handling non-customer interface activities more efficiently and effectively," PNB Housing Finance Managing Director Sanjaya Gupta said.
 

Shares closed 0.65 per cent higher at Rs 1,300.85 apiece on the BSE.

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Jan 23 2018 | 9:10 PM IST

Explore News