PNB Housing Finance Reports 24% Q2 Profit Increase to ₹582 Crore
PNB Housing Finance, one of India's leading housing finance companies, has reported a significant 24% increase in its net profit for the second quarter ended September 2025. The company's net profit rose to ₹582 crore, up from ₹470 crore in the same quarter of the previous year.
The company's total income for the quarter grew to ₹2,131 crore, a significant increase from ₹1,880 crore recorded in the corresponding period last year. This growth can be attributed to higher interest income, which rose to ₹2,017 crore from ₹1,780 crore in the year-ago period.
Net interest income, a key metric for financial health, also saw a robust 14% increase to ₹765 crore, up from ₹669 crore in the second quarter of the previous year. Despite this growth, the net interest margin (NIM) moderated marginally to 3.67% from 3.68% in the same period last year, indicating a slight pressure on margins.
The company's asset quality continued to improve, with gross non-performing assets (NPAs) decreasing to 1.04% from 1.24% at the end of September 2024. This reduction in NPAs is a positive sign, reflecting effective risk management and loan recovery strategies.
PNB Housing Finance has consistently focused on the affordable and emerging market segments, which continue to contribute 50% of the total retail disbursements. This strategic focus has been pivotal in driving growth and ensuring a diversified customer base.
The company's capital adequacy ratio (CAR) stood at a strong 29.80% as of September 30, 2025, with Tier I capital at 29.21%. This robust capital position provides a solid financial buffer and enhances the company's ability to support future growth and expansion plans.
In summary, PNB Housing Finance's strong financial performance in Q2 is a testament to its effective business strategies and strong market positioning. The company is well-placed to continue its growth trajectory in the coming quarters.
