Tuesday 05 Dec, 2023 04:58 PM
Site map | Locate Us | Login
   Gulshan Polyols jumps after bagging order worth Rs 561-cr from OMCs    Cyient Ltd leads losers in 'A' group    Ambuja Cements gallops on completing acquisition in Sanghi Industries    Gautam Gems Ltd leads losers in 'B' group    Volumes soar at JK Paper Ltd counter    Telecom stocks slide    Real Estate stocks edge lower    Information Technology shares slide    City Union Bank Ltd gains for third straight session    Indian Overseas Bank soars 2.07%    Jindal Stainless Ltd spurts 1.86%    Hindustan Zinc Ltd up for third straight session    Adani Enterprises Ltd soars 9.77%, up for third straight session    Radico Khaitan Ltd up for third straight session    Power Grid Corporation of India Ltd gains for third consecutive session 
Saravan Stocks
Hot Pursuit
Scrips, which has significant changes during the market hours.
PNB Housing spurts after Q3 PAT rises 43% YoY
24-Jan-23   16:19 Hrs IST

Profit before tax jumped 44.59% to Rs 366.88 crore in Q3 FY23 as compared with Rs 253.73 crore in corresponding quarter last year. Pre provision operating Profit improved by 62% YoY and 7% QoQ to Rs 622 crore.

Net interest income improved by 67% YoY and 13% QoQ to Rs 734 crore. During the quarter, there was a net positive impact of Rs 79 crore due to assigned loans. Net interest margin stood at 4.68% in Q3 FY23 as compared with 4.14% in Q2 FY23. Gross margin, net of acquisition cost, stood at 4.94% in Q3 FY23 as compared with 4.47% in Q2 FY23.

Operating expenditure increased by 8% YoY and decreased by 8% QoQ to Rs 124 crore.

Spread on loans stood at 3.83% in Q3 FY23 as against 3.38% in Q2 FY23. Excluding the net positive impact on assigned loans, the Spread for Q3 FY23 is 3.28%.

Disbursement jumped 21% to Rs 3,425 crore in Q3 FY23 over Q3 FY22. Asset under management (AUM) is at Rs 65,753 crore as on 31 December 2022 as compared to Rs 67,587 crore as on 31 December 2021.

The loan asset stood at Rs 58,034 crore as on 31 December 2022 as against Rs 57,845 crore as on 31 December 2021. Retail loans stood at Rs 53,123 crore (up 7% YoY), corporate loans are at Rs 4,911 crore (down 39% YoY).

As on 31 December 2022, Rs 2,037 crore has been restructured under the RBI's resolution framework for Covid19 related stress.

Gross Non-Performing Assets (NPAs) is at 4.87% in Q3 FY23 as compared with 6.06% in Q2 FY23. Retail GNPA was at 2.86% in Q3 FY23 as against 3.39% in Q2 FY23. Corporate GNPA is 26.61% in Q3 FY23 as compared to 30.37% in Q2 FY23. Net NPA stood at 3.22% in Q3 FY23.

The company's CRAR stood at 24.60% as on 31 December 2022, of which Tier I capital was 22.43% and Tier II was 2.17% as compared to 21.59% as on 31 December 2021, of which Tier I capital was 18.90% and Tier II capital was 2.69%.

Girish Kousgi, managing director and CEO said, In affordable business, we have expanded our presence to 82 branches/outreaches, which will contribute to the company's strategy of building book in this segment. We continue to focus on loan asset growth and asset quality improvement while being profitable.

Meanwhile, the board has approved the issuance of non convertible debentures aggregating up to Rs 2,000 crore on private placement basis in one or more tranches.

PNB Housing Finance is primarily engaged in the business of providing loans to individuals and corporate bodies for purchase, construction, repair and up-gradation of houses. It also provides loans for commercial space, loan against property and loan for purchase of residential plots.

Powered by Capital Market - Live News

   Attention Investors : Prevent Unauthorized Transactions in your demat account --> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from CDSL on the same day........issued in the interest of investors.
   Attention Investors : Prevent unauthorised transactions in your account Update your mobile numbers/email IDs with your stock brokers / Depository Participant. Receive information of your transactions directly from Exchange / Depositories on your mobile / email at the end of the day .... Issued in the interest of Investors.
   Attention Investors : KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.
   Attention Investors : No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account."
Email ID: info@ssplwealth.com       Customers grievances : grievances@ssplwealth.com     Compliance officer : Mr.R Udayakumar , compliance@ssplwealth.com,  Mobile No: 7305522205
Hit Count : 29480379
SEBI Regn.Nos : NSE/BSE-INZ000192638 | CDSL : IN-DP-262-2016
Member IDs : NSE : 11221 | BSE : 6292 | CDSL : 12045000 | MCX : 56990 | AMFI Regn.No : 2662
Designed , Developed & Content provided by CMOTS INFOTECH.(ISO 9001:2015 certified) © Copyright 2011 All Rights Reserved. SSPL WEALTH Pvt. Ltd