PNB Housing Finance Q1 net jumps 93% on robust interest income – ET RealEstate

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PNB Housing Finance Half Yearly Results, Financial summary of PNB Housing Finance, PNB Housing Finance, Profit & Loss, Cash Flow, Ratios, Quarterly, Half-Yearly, Yearly financials info of PNB.

PNB Housing Finance’s net profit jumps 51% to Rs 380 crore in Q4 FY19 Its total income (consolidated) during the quarter rose to Rs 2,148.19 crore, up by 31 per cent as compared with Rs 1,638.48 crore in the year-ago quarter, the company said in a regulatory filing. PTI | May 10, 2019, 08:09 IST

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PNB Housing Finance Q1 net jumps 93 percent on robust interest income The company’s net profit stood at Rs 95.90 crore in April-June quarter of 2016-17. Watchlist

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PNB Housing Finance Limited is a registered housing finance company (hfc) with National housing bank (nhb).The company was formed under the Companies Act, 1956 and commenced its operations on November 11, 1988, and is a subsidiary of Punjab national bank (pnb), which holds 51% of share capital in the Company.

PNB Housing Finance Limited also known as PNB HFL revised the interest rates and the new rates were deemed effective from 22 January, 2018. All the deposits offered by PNB HFL are certified as ‘FAA/Stable’ by CRISIL and ‘AAA’ by CARE, which is nothing but an indicator of a high level of safety for the investment that is made.

PNB Housing Finance’s home loan interest rate starts from 9.05%, which is one of the best home loan rates in India. The rates vary by loan amount, occupation, income and type of loan availed. The rates vary by loan amount, occupation, income and type of loan availed.

PNB Housing Finance Ltd. share price forecast The 11 reports from 4 analysts offering long term price targets for PNB Housing Finance Ltd. have an average target of 884.50. The consensus estimate represents an upside of 26.68% from the last price of 698.20.

Keep your money safe and let it grow with pnb housing ‘crisil faaa’ rated Fixed Deposits, Rate of interest for 12 months – 8.30 % p.a, 22 months – 8.35%, 44 months 8.45% p.a, tenures ranges upto 120 months. *0.25% p.a. extra ROI for senior citizens.

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Send me a copy: PNB Housing Finance has surged 6% to Rs 1,533 on BSE in early morning trade after the company reported a robust 93% year on year (YoY) jump in net profit at Rs 185 crore in June quarter (Q1FY18), on back of strong net interest income. The housing finance company had logged profit of Rs 96 crore in the same quarter an year ago.

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