Punjab & Sind Bank reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported net interest income was INR 7,392.8 million compared to INR 8,050 million a year ago. Net income was INR 1,143.1 million compared to INR 3,732.4 million a year ago. Basic earnings per share from continuing operations was INR 0.17 compared to INR 0.55 a year ago.
For the nine months, net interest income was INR 21,517.2 million compared to INR 22,896 million a year ago. Net income was INR 4,560.7 million compared to INR 8,560.4 million a year ago. Basic earnings per share from continuing operations was INR 0.67 compared to INR 1.26 a year ago.