Net profit of PNB Housing Finance Ltd increased by 33% to Rs 170 crore for the fourth quarter ended March 2022 (Q4Fy22) from Rs 127 crore in Q4FY21.
Its net interest income fell 37% in the quarter under review, from Rs 593 crore in Q4FY21 to Rs 377 crore. FY22 net profit fell by 10% to Rs 836 crore from Rs 930 crore in FY21.
While its loan portfolio decreased by 8.6% from Rs 62,225 crore in March 2021 to Rs 56,889 crore in March 2022, it increased sequentially by Rs 56,798 crore at the end of December 2021.
First published: Fri 29 Apr 2022. 00:24 IST