Updated April 29th 2025, 12:58 IST
The PNB Housing Finance share price surged by 10% after the announcement of strong Q4 results.
“approved the Audited Financial Results (Standalone and Consolidated) of the Company for the 4th quarter and financial year ended March 31, 2025, duly reviewed and recommended by the Audit Committee, along with the Auditors’ Report of the Company", as per exchange filing.
PNB Housing Finance shares jumped up to 10% on April 29, 2025, after announcing its strong Q4 FY25 results. The net profit of the company during the quarter ended March 31, 2025, increased by 25% year-on-year to Rs 550 crore, from Rs 439 crore in the corresponding period last year.
The stock’s positive movement comes as investors react to the company’s strong earnings and favourable dividend decision. Over the past quarter, the stock has remained resilient, bolstered by the company’s strong fundamentals and strategic focus on growth.
PNB Housing Finance reported a robust performance in Q4 FY25, driven by a strong growth in home loan disbursements, efficient cost management, and a stable asset base. The company saw its net profit rise by 27.7% year-on-year to Rs 567 crore, compared to Rs 444 crore in the same quarter last year.
Its top line was also boosted by a solid 20% increase in net interest income (NII), which stood at Rs 736 crore, up from Rs 614 crore in Q4 FY24.
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The company also recommended a final dividend of INR 5 per equity share of face value of INR 10 each for the financial year 2024-25.
“ Recommended a final dividend of INR 5/- per equity share of face value of INR 10/- each for the financial year ended March 31, 2025” as per exchanger filing.
Published April 29th 2025, 12:58 IST