(Photo: Mint)
(Photo: Mint)

PNB Housing Finance shares jump nearly 13% post Q4 results

  • The company on Thursday reported a 51% jump in consolidated net profit at 379.77 crore for March 2019 quarter
  • The scrip jumped 12.08% to close at 782.35 on the BSE and during the day, it advanced 13.57% to 792.80

NEW DELHI : Shares of PNB Housing Finance zoomed nearly 13% on Friday after the company reported a 51% jump in consolidated net profit for March 2019 quarter.

The scrip jumped 12.08% to close at 782.35 on the BSE. During the day, it advanced 13.57% to 792.80.

On the NSE, shares climbed 12.80% to close at 790.

In terms of traded volume, 3.68 lakh shares were traded on the BSE during the day, while over 46 lakh shares changed hands on the NSE.

The company on Thursday reported a 51% jump in consolidated net profit at 379.77 crore for March 2019 quarter as against 251.58 crore in the year-ago period.

Total income (consolidated) during the quarter rose 31% to 2,148.19 crore as compared with 1,638.48 crore in the year-ago quarter, the company said in a regulatory filing.

The gross non-performing assets (NPA) stood at 0.48% of the loan assets as on 31 March, 2019 as against 0.33% at the end of March 2018.

This story has been published from a wire agency feed without modifications to the text.

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