PNB Housing Finance Q1 net jumps 93% on robust interest income – ET RealEstate

PNB Housing Finance Q1 net jumps 93% on robust interest income – ET RealEstate

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 · Equity Research Report 02 November 2015 Ways2Capital. higher provisions and tax cost limited profitability. net interest income, the difference between interest earned and interest expended, jumped 29.5 percent to Rs 1,108.5 crore in same period, boosted by credit growth.. insurance, investment banking etc. 27. pnb housing Finance hires.

PNB Housing Finance on Thursday reported a 93 per cent jump in net profit to Rs 184.80 crore for the first quarter of the current fiscal, mainly driven by robust earnings in core business. The company’s net profit stood at Rs 95.90 crore in April-June quarter of 2016-17.

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PNB Housing Finance Ltd. Results performance, stock scores and trends, latest financials, asset ratios and margins. Compare with peers and industry.

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New Delhi, Aug 3 () PNB Housing Finance today reported a 93 per cent jump in net profit to Rs 184.80 crore for the first quarter of the current fiscal, mainly driven by robust earnings. per cent.

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PNB Housing excels in providing a complete bouquet of services to customers to meet their Home Loan needs. Ease of applying for a loan with branches spread across India, robust service delivery model and mark to market credit & financial policies help customers build a long term relationship of trust and commitment.

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If you look, even on our hedging disclosures for the balance of the year, we’re 93%, 94% hedged. So we really have – our excess Generation is really going to be.

PNB Housing Finance Limited also known as PNB HFL revised the interest rates and the new rates were deemed effective from 22 January, 2018. All the deposits offered by PNB HFL are certified as ‘FAA/Stable’ by CRISIL and ‘AAA’ by CARE, which is nothing but an indicator of a high level of safety for the investment that is made.

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