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PNB Housing Finance Q2 net profit up 51 pc at Rs 208 cr

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Press Trust of India New Delhi
Mortgage firm PNB Housing Finance today reported a 51 per cent jump in net profit to Rs 208 crore for the second quarter ended September.

It had earned profit of Rs 138 crore in the July- September quarter of the last financial year.

The company's total income for the quarter under review stood at Rs 1,316 crore, up from Rs 970 crore in the year-ago period, PNB Housing Finance said in a statement.

Its gross non-performing assets (GNPAs) rose to 0.34 per cent of gross advances from 0.26 per cent a year ago.

During the quarter, the company disbursed loan worth Rs 7,385 crore.
 

Asset under Management (AUM) rose 47 per cent to Rs 51,320 crore at the end of September.

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First Published: Oct 25 2017 | 8:48 PM IST

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