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PNB Gilts Profit Plummets 83% in Q4

20 Apr

Summary

Net profit for the quarter ended March 2026 saw a significant drop.
Sales experienced a marginal increase during the same period.
Full-year net profit also declined compared to the previous year.

PNB Gilts has announced its financial results for the quarter ending March 2026, revealing a significant downturn in net profit. The company's net profit plummeted by 82.68% to Rs 12.99 crore, a stark contrast to the Rs 75.02 crore recorded in the corresponding quarter of the previous year.

While profitability suffered, sales demonstrated a slight increase. For the quarter ended March 2026, sales rose by 1.28% to Rs 424.11 crore, compared to Rs 418.77 crore in the prior year's quarter. This indicates a marginal growth in revenue despite the substantial drop in net profit.

Looking at the full fiscal year ending March 2026, PNB Gilts also reported a decline in its financial performance. Net profit for the year decreased by 22.06% to Rs 181.62 crore, down from Rs 233.03 crore in the previous fiscal year. Annual sales, however, saw a modest increase of 1.36% to Rs 1698.76 crore.

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