New Delhi: PNB Housing Finance Ltd’s net profit jumped 45 percent at Rs 366.8 crore in the second quarter of the current fiscal as compared to Rs 253 crore in the same quarter of the previous fiscal.
Total income of the company increased to Rs 2,230.34 crore in the second quarter of the current fiscal as against Rs 1,808.26 crore in the same quarter of the previous financial year.
The net interest income of the company jumped 36 percent to Rs 628.4 crore. The net interest margin increased to 3.19 percent from 2.72 percent last year.
The company added Rs 12 crore to steady state provision for unforseeable macro-economic factors during the quarter.