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PNB Housing Finance reports net profit of Rs 127 crore in Q4


PNB Housing Finance reports net profit of Rs 127 crore in Q4
ANI |
Updated: Apr 28, 2021 11:21 IST
Mumbai (Maharashtra) [India], April 28 (ANI): PNB Housing Finance has reported a consolidated net profit of Rs 127 crore for the January to March quarter as compared to a net loss of Rs 242 crore in the same period a year ago.
Sequentially, the profit was down from Rs 232 crore in Q3 FY21. Total revenue during Q4 FY21 fell to Rs 1,834 crore from Rs 1,952 crore in Q4 FY20.
Interest income dropped over 7 per cent at Rs 1,670 crore during the quarter as against Rs 1,803 crore a year earlier. However, expenses reduced by 28 per cent to Rs 1,646 crore from Rs 2,279 crore. ....

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