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Wednesday, November 13, 2013

Punjab & Sind Bank Q2 net down 63% at Rs 43 cr

Punjab & Sind Bank (PSB) has reported a 63 per cent decline in net profit for the quarter ended September 30 at Rs 43 crore (Rs 117 crore).

Total income for the quarter under review increased by 5 per cent to Rs 1,980 crore (Rs 1,886 crore).

For the six months ended September 30, PSB has reported a 17 per cent increase in net profit at Rs 165 crore (Rs 141 crore).

Total income in the first half of the current fiscal increased 7 per cent to Rs 3,981 crore (Rs 3,730 crore), PSB said in a filing with the stock exchanges.

Source: thehindubusinessline


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