Punjab National Bank announces Audited Consolidated FY 07 results

Punjab National Bank has announced the Audited consolidated financial results for the year ended March 31, 2007. The Bank has posted a net profit (after Minority Interest) of Rs 16300.50 million for the year ended March 31, 2007 as compared to Rs 15321.70 million for the year ended March 31, 2006. Total Income has increased from Rs 110453.00 million for the year ended March 31, 2006 to Rs 128006.40 million for the year ended March 31, 2007.

The stock was trading at Rs.491.60, up by Rs.2.10 or 0.43%. The stock hit an intraday high of Rs.497 and low of Rs.491.10. The total traded quantity was 116122 compared to 2 week average of 169267.

Source : Equity Bulls

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