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PNB Housing Finance Q1 Results: Net profit surges 47.8% on year to ₹347.32 crore
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PNB Housing Finance Ltd on Monday reported an 47.8% year-on-year rise in its consolidated net profit after tax for the fiscal's first quarter ended June (Q1FY24) to ₹347.32 crore. The company had reported a profit of ₹234.96 crore in the year-ago period.
Sequentially, consolidated net profit was up 24.4% from ₹279.28 crore in Q4FY23. PNB Housing Finance share price opened at intraday low of ₹649.85 apiece on BSE.
The housing finance company's consolidated total revenue from operations rose 21% on year to ₹1,707.63 crores during the quarter ended June from ₹1,410.70 crore in Q1FY23. Total income rose to ₹1,707.72 crore in the first quarter.
It stood at ₹1,411.99 crore in the year-ago period. (more to come)
. Read more on livemint.comAbout this in other media
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