Live news , top stories, corporate news, company news, sector news, economy news, results analysis news, ceo interviews, fund manager interview, advisor interview, market news, bazaar talk, hot stocks news, ipo news, commodities news, mutual fund news, insurance news, news wire
20 August, 2018 19:04 IST
Punjab National Bank turns to loss in Jan-Mar quarter
Source: IRIS | 15 May, 2018, 03.54PM
Comments  |  Post Comment

Punjab National Bank (PNB), one of the leading public sector lenders in India, swung to a loss for the quarter ended March 2018. During the quarter, the bank reported a loss of Rs 134,169 million compared with a profit of Rs 2,619 million in the same quarter previous year.

Total income for the quarter declined 13.63% to Rs 129,456.80 million, compared with Rs 149,893.30 million for the prior year period.

Earnings per share stood negative at Rs 54.89 compared with Rs 1.23 in same quarter last year.

Shares of the bank declined Rs 5.15, or 5.76%, to trade at Rs 84.25. The total volume of shares traded was 1,991,605 at the BSE (3.32 p.m., Tuesday).





Punjab National Bank   (Q,N,C,F)*

Comments Post comment 
 Post Comment
Name Email
Comment
Security Code type    into this box
Related Articles
Indian Hume Pipe Co bags work order worth Rs 2.56 bn - 20-Aug-2018 16:17
Multi Commodity Exchange of India signs MoU with Indian Cotton Federation - 20-Aug-2018 16:12
Ratnamani Metals & Tubes wins orders worth Rs 1.55 bn - 20-Aug-2018 10:00
Home  |   Shares  |   F&O  |   Mutual Funds  |   Loans  |   Insurance  |   News Centre
Wealth Tracker  |   Newsletters  |   Tax Corner  |   NRI Centre  |   Advertise
© All rights reserved. IRIS Business Services Limited
A Disclaimer