PNB Housing Finance on 28 October reported earnings for the July‑September quarter of the 2026‑27 financial year (Q2 FY27). Consolidated net profit increased 6% year‑on‑year to ₹617 crore, up from ₹582 crore in Q2 FY26. Net interest income (NII) was ₹878 crore, a 15% rise from ₹765 crore in the same quarter of the preceding fiscal year. Net interest margin (NIM) remained unchanged at 3.67%, rising 17 basis points quarter‑on‑quarter from 3.50% in Q1 FY27.

Asset quality improved sequentially; gross non‑performing assets (GNPA) fell 4 basis points quarter‑on‑quarter to 0.91% in Q2 FY27, compared with 0.95% in the prior quarter. The company recovered ₹75 crore from the total written‑off pool in Q2 FY27, reducing credit cost by 19 basis points. Assets under management (AUM) reached ₹98,210 crore as of 30 September 2026, a 17% year‑on‑year increase from ₹83,879 crore in the 2025‑26 year.

Total disbursements rose 60% year‑on‑year to ₹9,609 crore in Q2 FY27, compared with ₹5,995 crore in the September quarter of FY26. Retail disbursements reached an all‑time high of ₹9,250 crore, growing 54% year‑on‑year and 59% quarter‑on‑quarter. These figures reflect the company’s retail activity during the reporting period.

Ajai Shukla, Managing Director & CEO, said the quarter was encouraging, noting consistent growth across business parameters. He highlighted granular retail expansion, particularly in the affordable and emerging markets segments, as a factor in strengthening market position while maintaining prudent risk discipline. Shukla also mentioned strong loan asset growth, record retail disbursements, and improved asset quality supported by collection performance and recovery efforts.

PNB Housing Finance’s market capitalisation was ₹1.38 lakh crore as of 28 October 2026, according to NSE data. The company stated it remains committed to profitable growth, maintaining a high‑quality portfolio and a strong balance sheet as it moves into the second half of FY27. Management expressed confidence in the long‑term housing finance opportunity and plans to focus on expanding retail footprint, enhancing customer experience and delivering sustainable value to stakeholders.