PNB Housing Finance Ltd has raised net profit by 33 per cent to Rs 170 crore for the fourth quarter ended March 2022.
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In the fourth quarter of FY21, net interest income fell by 37 per cent to Rs 377 crore from Rs 593 crore. In FY22 net profit fell by 10 per cent to Rs 836 crore from Rs 930 crore in FY21.
Meanwhile, its loan book shrank by 8.6 per cent from Rs 62,225 crore in March 2021 to Rs 56,889 crore in March 2022; it rose sequentially from Rs 56,798 crore at the end of December 2021.