PNB Housing’s annual loan growth to be better than industry average, says MD Sanjaya Gupta Elaborating on the June-quarter results, he said, “Where we de-grew was the corporate finance. We are honouring our past commitments on corporate finance and we are not doing the new loans."
PNB Housing hits 52-week low on missing Q1 estimates; Jefferies says ‘Hold’ Global brokerage house Jefferies said that although the company’s Q1 profit rose, it missed estimates due to lower net interest income. Higher provision negated the lower operating expense, it added.
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PNB Housing Finance Q1 net up 11% at Rs 285 cr Total income for April-June quarter of 2019-20 increased to Rs 2,232.58 crore from Rs 1,648.31 crore in the same period of the previous fiscal, PNB Housing Finance said in a release.