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PNB Q1 Results Live: PNB share price gains more than 3% as net profit expected to jump to ₹1,800 crore
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₹9,500 crore from ₹7,542.8 crore, YoY, as per average analysts’ estimates.PNB share price rallied over 3% ahead of the release of Q1 results. PNB shares gained as much as 3.19% to ₹62.62 apiece on the BSE.
The stock opened at ₹60.92 as compared to its previous close of ₹60.68 apiece.Punjab National Bank (PNB) is expected to report net profit of around ₹1,800 crore in the first quarter of FY24, registering a sharp growth from ₹308.4 crore in the corresponding quarter of last fiscal.Punjab National Bank (PNB), the state-run lender, will announce its earnings for the quarter ended June 2023 on Wednesday, July 26. PNB Q1 results are expected to remain modest, in line with the performance of the overall PSU banks.
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