PNB Housing Finance approved audited financial results for Q2 FY26, posting a net profit after tax of ₹626.49 crore. The board also approved extending the tenure of Mr. Neeraj Manchanda as Chief Risk Officer for two more years, up to October 28, 2027. The results reflect a consolidated net profit after tax of ₹581.59 crore. These results and the CRO extension were decided at the board meeting held on October 27, 2025.
Q2 FY26 Financial Highlights
PNB Housing Finance Limited announced its audited financial results for the quarter ended September 30, 2025 (Q2 FY26). Key highlights include:
- Standalone net profit after tax: ₹626.49 crore
- Consolidated net profit after tax: ₹581.59 crore
- Total standalone income for Q2 FY26: ₹2,171.52 crore
- Total consolidated income for Q2 FY26: ₹2,130.60 crore
Key Financial Ratios
The company reported the following key financial ratios:
- Debt Equity Ratio (Standalone): 3.62
- CRAR: 29.80%
- Gross Non-Performing Asset (GNPA): 1.04%
Leadership Update
The Board approved the extension of tenure for Mr. Neeraj Manchanda as the Chief Risk Officer (CRO) of the Company for an additional two years, effective until October 28, 2027.
Auditor Information
The audited results have been reviewed and recommended by the Audit Committee of the Board and subsequently approved by the Board of Directors at its meeting held on October 27, 2025. Auditors for these results are M/s. CNK & Associates LLP and M/s M. M. Nissim & Co LLP, Joint Statutory Auditors of the Company.
Statement of Deviation/Variation
The Funds are being raised by the Company for enhancing its long-term resource base for carrying out its regular business activities including:
- For disbursement of loans to borrowers Up to 100%
- For discharging of existing borrowings Up to 100%
- For General Corporate purposes Up to 25%
Source: BSE