How much did Punjab & Sind Bank's profit grow in Q1?

Net profit rose 23% year-on-year to ₹331.51 crore from ₹269.16 crore.

What is the bank's current asset quality?

Gross NPAs stood at 2.21% of advances (down from 3.34%), net NPAs at 0.65% (down from 0.91%).

Why is this filing not considered market-moving?

The results were announced the previous day, so today's board meeting outcome is a procedural confirmation with no new information.

What is the bank's capital adequacy ratio?

It stood at 17.61% under Basel III as of June 30, 2026.

Earnings · Banks · Mid cap

PSB Q1 profit up 23% to ₹331 cr, but market already knew

The numbers were flagged in yesterday's release; today's board meeting adds no new material information.

— 2 earlier stories on Punjab & Sind Bank →

PSB By Tipsheet Editorial 18 Jul 2026 · 5:54 PM IST Verify on BSE · NSE

Mkt cap₹17,476 cr

P/E13.22×

ROE7.59%

Debt / eq.1.16

Div yld1.56%

₹331.51 cr Q1 FY27 net profit, up 23% YoY

What's new

Board formally approved Q1 results already disclosed on July 18.
Auditor review raised no material concerns.
Asset quality improved: GNPA 2.21% vs 3.34% a year ago.

Why this matters

The results confirm a steady improvement in credit cost and core earnings for a mid-cap PSU bank. But the market is already pricing in the trend — no incremental surprise from this filing.

What we're watching

Any update on loan growth guidance or NIM trajectory in future concalls.
Whether deposit growth (12%) can keep pace with loan growth (20%).
PSB's ability to sustain CAR well above regulatory minimum (17.61%).

The full read

Punjab & Sind Bank reported Q1 net profit of ₹331.51 crore, up 23% from last year, driven by stable NII and falling credit costs. Gross NPAs dropped to 2.21% and net NPAs to 0.65%. Advances grew 20% to ₹1,19,441 crore, outpacing deposit growth of 12%. The capital adequacy ratio stayed healthy at 17.61%. The trouble: none of this is news. The same numbers were released a day earlier. Today's board meeting is a formality. For a bank trading at 13x P/E with 7.6% ROE, the trajectory is positive, but the market already knew that.

Questions answered

How much did Punjab & Sind Bank's profit grow in Q1?: Net profit rose 23% year-on-year to ₹331.51 crore from ₹269.16 crore.
What is the bank's current asset quality?: Gross NPAs stood at 2.21% of advances (down from 3.34%), net NPAs at 0.65% (down from 0.91%).
Why is this filing not considered market-moving?: The results were announced the previous day, so today's board meeting outcome is a procedural confirmation with no new information.
What is the bank's capital adequacy ratio?: It stood at 17.61% under Basel III as of June 30, 2026.

Mentioned: Punjab & Sind Bank · Q1 FY27 · ₹331.51 cr

Primary source BSE · NSE · Tijori

An independent reading of the company's own disclosure — the primary filing above is the final word.

Company snapshot

Punjab & Sind Bank

Banks

₹17,661 cr

P/E 12.76×

Latest quarter · Jun 2026

Net profit₹332 cr

Net margin+10.3%

EPS₹0.47

Returns & growth

Return on equity+10.4%

Sales CAGR+4.3%

EPS CAGR−14.1%

Story so far

All notes on PSB →

18 Jul 2026 · 5:54 PM IST PSB Q1 profit up 23% to ₹331 cr, but market already knew
1d ago PSB targets Rs 4 lakh crore business by FY29, guides for 19-20% credit growth
3d ago Punjab & Sind Bank profit up 23%, bad loans shrink