PNB Housing Finance announced its consolidated audited financial results for Q2 FY26, reporting a 23.8% YoY increase in net profit to INR 582 crore. The company’s retail loan assets grew by 17% YoY, reaching INR 79,439 crore, with the affordable and emerging market segment contributing significantly to growth. The results reflect strong operational performance and improved asset quality.
Financial Highlights for Q2 FY26
PNB Housing Finance reported a strong performance for the second quarter of fiscal year 2026. Key highlights include:
- Net Profit: Increased by 23.8% YoY and 9.0% QoQ to INR 582 crore.
- Retail Loan Asset: Grew by 17% YoY to INR 79,439 crore as of September 30, 2025.
- Affordable and Emerging Market Segment: Grew by 34% YoY, contributing 38% to the retail loan asset.
- Disbursements: Increased by 12.2% YoY to INR 5,995 crore.
- Gross NPA: Stood at 1.04% as of September 30, 2025, compared to 1.24% a year prior.
- Return on Asset: Recorded at 2.73% (annualized).
H1 FY26 Performance Overview
The company also reported strong results for the first half of FY26:
- Net Profit: Increased by 23.6% YoY to INR 1,115 crore.
- Net Interest Income: Grew by 15.5% YoY to INR 1,525 crore.
Business Operations and Asset Quality
Key business operation metrics and asset quality indicators include:
- Loan Asset: Grew by 14.8% YoY to INR 79,771 crore.
- Affordable Loan Asset: Grew by 120.8% YoY to INR 6,531 crore.
- Gross Non-Performing Assets: Stood at 1.04% as of September 30, 2025.
- Net NPA: Recorded at 0.69%.
Executive Commentary
Mr. Jatul Anand, Executive Director, commented on the performance, stating: “Despite the challenges posed by leadership transitions, we have delivered a strong and resilient performance. Our strategic focus continues to drive profitable growth.”
Source: BSE