PNB Housing Finance Q2FY18 standalone net profit rises 51.1% yoy

Oct 25, 2017 03:10 IST India Infoline Research Team

PNB Housing Finance Ltd Q2FY18

Standalone Results Q2FY18: (Rs. in crore)

Q2FY18 YoY (%)
NII 480 68.0
Net Profit (adjusted) 208 51.1



Reco. Price


Last updated on


PNB Housing Finance Ltd reported its standalone financial result for Q2FY18.

PNB Housing Finance NII for the quarter increased by 68% yoy to Rs. 480 crore. This was due to an increase in interest earned by 36% to Rs. 1315.8 crore vs a lower increase in interest expended by 22% to Rs. 836 crore for the quarter.

Net profit for the quarter increased by 51.1% yoy to Rs. 208 crore.

AUM have increased by 47% yoy to Rs. 51,320 crore in Q2FY18 vs Rs. 34,896 crore in Q2FY17.

The gross NPAs of the company as on Q2FY18 stood at 0.34% vs 0.26% in Q2FY17.

The Net NPAs of the company are 0.26% of the loan assets as on Q2FY18 against 0.18% of the loan assets as on Q2FY17.

Technical View:

PNB Housing Finance Ltd ended at Rs. 1,393.95, down by 52.4 points or 3.62% from its previous closing of Rs. 1,446.35 on the BSE.
The scrip opened at Rs. 1,441 and touched a high and low of Rs. 1,463 and Rs. 1,347.60 respectively. A total of 3,70,445(NSE+BSE) shares were traded on the counter. The stock traded above its 50 DMA.

Related Story

Open Free Demat Account (Rs699)