PNB Gilts Q2 Results: Shares jump 12% as company swings to profit
Executive Brief • Key Highlights
Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓PNB Gilts shares jumped nearly 12% on Tuesday, October 13, after the company reported a net profit of ₹44.84 crore for Q2 FY27.
- ✓This marks a strong recovery from the loss of ₹45.35 crore seen last year.
- ✓Many investors reacted positively, even though profits fell compared to the previous quarter.
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- MARKET
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- cnbctv18
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- 2 Minute(s)
- Market Focus
- India Economy
PNB Gilts shares surged nearly 12% after reporting a net profit of ₹44.84 crore for Q2 FY27, recovering from a loss of ₹45.35 crore in the same quarter last year, despite a 44.4% sequential decline from Q1.
Shares of PNB Gilts Ltd. surged nearly 12% on Tuesday, October 13, after the company turned profitable in the September quarter, reporting a net profit of ₹44.84 crore for Q2FY27, compared to a net loss of ₹45.35 crore in the corresponding quarter last year.
Revenue from operations declined 1.6% year-on-year (YoY) to ₹436.3 crore, compared with ₹443.4 crore in the year-ago period. Profit before tax stood at ₹60.24 crore, compared with a loss of ₹53.24 crore in Q2FY26.
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