PNB Housing Finance shares surge 10 pc after Q4 earnings

Shares of PNB Housing Finance jumped 10 per cent on Tuesday after the firm reported a 25 per cent rise in net profit to Rs 550 crore in the March quarter. The stock jumped 9.99 per cent to Rs 1,085.40 on the BSE.

At the NSE, it surged 9.99 per cent to Rs 1,084.85 apiece.The housing finance company had posted a net profit of Rs 439 crore in the same quarter a year earlier.

Total income during the quarter rose to Rs 2,037 crore, from Rs 1,814 crore in the same quarter of the previous fiscal year, PNB Housing Finance said in a regulatory filing on Monday.

The lender's interest income in Q4 FY25 was higher at Rs 1,906 crore, as against Rs 1,693 crore in the same period a year ago.

Net interest income grew 16 per cent to Rs 734 crore at the end of the fourth quarter ended March 2025.The net interest margin increased to 3.75 per cent, as compared to 3.65 per cent in Q4 FY24. The gross non-performing assets (NPAs) were flat at 1.08 per cent at the end of March 2024, it said.