PNB Housing Finance Reports Strong Q2 Performance with 24% Profit Jump
PNB Housing Finance announced impressive Q2 FY26 results with net profit surging 24% year-on-year to ₹582 crore. The housing finance company’s total income increased 13.4% to ₹2,131 crore during the quarter ended September 2025.
Affordable Housing Drives Growth
The PNB Housing Finance results were primarily driven by robust demand in the affordable housing segment. The company’s affordable loan assets more than doubled to ₹6,531 crore, registering 120.8% year-on-year growth. Disbursements in the affordable and emerging markets segment grew 31% to ₹823 crore, contributing 50% to total retail disbursements.
Strong Asset Quality Improvement
PNB Housing Finance Q2 results showed significant improvement in asset quality metrics. Gross NPA declined to 1.04% as of September 30, 2025, compared to 1.24% a year earlier. Net NPA stood at 0.69%, reflecting the company’s strengthened collection efforts and risk management framework.
Retail Loan Book Expansion
The retail loan assets of PNB Housing Finance grew 17% year-on-year to ₹79,439 crore. Total disbursements increased 12.2% to ₹5,995 crore during Q2 FY26. The affordable and emerging market segment now constitutes 38% of the retail loan portfolio.
Profitability Metrics
Net interest income for PNB Housing Finance rose 14.4% to ₹765 crore in Q2 results. Return on assets improved to 2.73% on an annualized basis. The company’s spread on loans expanded to 2.26% in Q2 FY26 from 2.21% in the previous year.
DISCLAIMER
Disclaimer: This article is for educational and informational purposes only and should not be considered as financial advice. Readers are advised to conduct their own research and consult with a certified financial advisor before making any investment decisions. The stock market involves risks, and past performance does not guarantee future results.