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PNB Housing Finance reports 33% rise in Q2 consolidated net profit

PNB Housing Finance reports 33% rise in Q2 consolidated net profit

PNB Housing Finance has reported results for second quarter ended September 30, 2018.

The company has reported a rise of 9.58% in its net profit at Rs 208.26 crore for the quarter under review as compared to Rs 190.05 crore for the same quarter in the previous year. Total income of the company increased by 35.78% at Rs 1,730.41 crore for Q2FY19 as compared Rs 1,274.44 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 33.12% in its net profit at Rs 252.99 crore for the quarter under review as compared to Rs 190.05 crore for the same quarter in the previous year. Total consolidated income of the company increased by 41.89% at Rs 1,808.26 crore for Q2FY19 as compared Rs 1,274.44 crore for the corresponding quarter previous year.