PNB Gilts shares rose 8.86% to ₹76.81 on Tuesday, according to latest Univest data, with the stock opening at ₹70.91 and touching a high of ₹79.15. The counter had previously zoomed 12.2% in intraday trading to a high of ₹79.15 on Tuesday, as reported by Business Standard. The stock had previously hit a 52-week high of ₹99.80 on June 5, 2026, after surging over 70% from its 52-week low of ₹58.60 recorded on March 30, 2026. The stock saw significant trading activity with 13.36 million shares changing hands on the NSE. With a market capitalisation of ₹1,270.15 crore, PNB Gilts falls in the Small Cap category and is part of the Finance sector and Finance – NBFC industry.
PNB Gilts reported a turnaround in Q2 net profit on a year-on-year basis, posting a net profit of ₹44.84 crore in Q2FY27 compared to a net loss of ₹45.35 crore reported in Q2FY26, as reported by Business Standard. However, the company's total income declined 1.6% YoY to ₹436.59 crore in the quarter ended September 2026 from ₹443.41 crore in the corresponding quarter of the previous year. On a sequential basis, Q2 net profit declined 44.4% compared to ₹80.70 crore reported at the end of June 2026 quarter, while total income was down 4% on QoQ basis. According to CNBC TV18, profit before tax stood at ₹60.24 crore compared with a loss of ₹53.24 crore in Q2FY26. The shift from a substantial loss to a positive bottom line indicates improved operational efficiency or cost management, as this profit was generated alongside slightly lower revenue.
According to the company's BSE filing reported by Business Standard, net interest income (NII) dropped from ₹102.69 crore in Q1FY27 to ₹92.17 crore in Q2FY27. Fees and commission income also declined from ₹2.86 crore to ₹1.95 crore in the QoQ period. The company reported a net loss of ₹17.70 crore in trading income in Q2 compared to a profit of ₹18.23 crore in Q1. PNB Gilts is India's only listed Standalone Primary Dealer, as stated in the company's release. As per CNBC TV18, net interest income (NII) stood at ₹92.17 crore in Q2FY27, compared with ₹102.69 crore in the previous quarter and ₹96.24 crore in the year-ago period.
For the first half of FY27, PNB Gilts reported a net profit of ₹125.53 crore, up around 9.4% from ₹114.72 crore in the corresponding period last year, according to CNBC TV18. Total income rose to ₹873.60 crore from ₹866.83 crore, while profit before tax increased to ₹168.50 crore from ₹159.77 crore. The company reported a net loss of ₹17.71 crore on fair value changes during the September quarter, compared with a net gain of ₹18.23 crore in Q1 FY27, as reported by CNBC TV18. PNB Gilts stated that global uncertainties, crude oil prices and inflationary pressures have heightened yield volatility, necessitating prudent risk management and disciplined trading. Notably, finance costs remained stable at ₹342.2 crore in Q2FY27 versus ₹345.1 crore in Q2FY26, suggesting that the turnaround was primarily driven by the absence of the massive ₹140 crore net loss on fair value changes seen in the prior year's quarter. The company also disclosed exceptional items of ₹25.45 lakh for H1 FY27, comprising recoveries from SREI Equipment Finance Limited on previously written-off investments.
