PNB Housing achieves Affordable book of INR 5,000 crore

PNB Housing Finance Limited is delighted to announce a significant milestone of INR 5,000 crore Affordable book as on 31st March 2025.

This remarkable achievement is a testimony of our unwavering commitment to empowering individuals and families in their journey towards owning a home.

With the performance of Affordable and Emerging Markets Segment, the Retail segment loan book grew by ~18% YoY as on 31st March 2025. The total loan book of the Company crossed INR 75,000 crore as on 31st March 2025.

Commenting on the performance Mr. Girish Kousgi said: With the dedicated efforts of the team towards the common goal of making lives better, we are thrilled to achieve our first stated milestone of Affordable loan book of INR 5,000 crore. This accomplishment reflects our commitment towards enabling financial inclusion by providing accessible housing finance solutions to customers.

The housing sector is poised to continue its growth backed by favourable growth drivers viz improved affordability, rising urbanisation, nuclearization of families and government initiatives like PMAY 2.0 etc. PNB housing with its multiple product offerings through Prime, Emerging Markets and Affordable segment will continue to cater customers across the affordability pyramid and contribute towards the Government mission of "Housing for All".

Note: The information mentioned with reference to 31st March 2025 is provisional and subject to review by the statutory auditors of the Company.

Shares of PNB Housing Finance Limited was last trading in BSE at Rs. 874.95 as compared to the previous close of Rs. 881.75. The total number of shares traded during the day was 24602 in over 1404 trades.

The stock hit an intraday high of Rs. 881.95 and intraday low of 855.30. The net turnover during the day was Rs. 21352916.00.

Source : Equity Bulls

Keywords

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