INTEGRATED FILING — BANKING



General information about company

Scrip code 533295
NSE Symbol PSB
MSEI Symbol NOTLISTED
ISIN INE608A01012
Name of bank Punjab & Sind Bank
Class of security Equity
Date of start of financial year 01-Apr-2024
Date of end of financial year 31-Mar-2025
Date of board meeting when results were approved 29-Apr-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 23-Apr-2025
Description of presentation currency INR (in Actuals)
Reporting Type Quarterly
Reporting Quarter Fourth quarter
Nature of report standalone or consolidated Standalone
Whether results are audited or unaudited Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Audited
Segment Reporting Multi segment
Description of single segment
Start date and time of board meeting 29-Apr-2025   13:00:00
End date and time of board meeting 29-Apr-2025   19:30:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Whether the company has any related party? Yes
Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure? Yes
(I) We declare that the acceptance of fixed deposits by the bans/Non-Banking Finance Company are at the terms uniformly applicable/offered to all shareholders/public Yes
(II) We declare that the scheduled commercial bank, as per RBI circular RBI/DBR/2015-16/19 dated March 03, 2016, has allowed additional interest of one per cent per annum, over and above the rate of interest mentioned in the schedule of interest rates on savings or a term deposits of banks staff and their exclusive associations as well as on deposits of Chairman, Chairman & Managing Director, Executive Director or such other Executives appointed for a fixed tenure. Yes
(III) Whether the company is a high value debt listed entity according to regulation 15 (1A)? Yes
(a) If answer to above question is Yes, whether complying with proviso to regulation 23 (9), i.e., submitting RPT disclosures on the day of results publication?
(b) If answer to above question is No, please explain the reason for not complying.
Whether the updated Related Party Transactions (RPT) Policy (in compliance with Reg. 23 of SEBI LODR) has been uploaded on the website of the Company? Yes
Latest Date on which RPT policy is updated 2024-06-13
Indicate Company website link for updated RPT policy of the Company https://punjabandsindbank.co.in/system/uploads/document/2150_2024040913090857828.pdf
Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter? Yes
No. of times funds raised during the quarter 1
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? No
We do not have any revolving facilities or unlisted debt securities


Financial Results - Banking
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Jan-2025 01-Apr-2024
B Date of end of reporting period 31-Mar-2025 31-Mar-2025
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Standalone Standalone
1 Interest earned
Interest or discount on advances or bills 23305000000 81577400000
Income on investments 8116500000 32249100000
Interest on balances with reserve bank of India and other inter bank funds 46000000 170300000
Others 121900000 816200000
Total interest earned 31589400000 114813000000
2 Other income 6767600000 15676500000
3 Total income 38357000000 130489500000
Expenses
4 Interest expenses 20369200000 76976400000
5 Operating expenses
(i) Employees cost 6422000000 20884900000
(ii) Details of other operating expenses
Description of other operating expenses
1 Rent Taxes & Lighting 405000000 1469000000
2 Printing & Stationery 32000000 126400000
3 Advertisement & Publicity 39700000 114600000
4 Depreciation 183100000 1450800000
5 Auditor's Fee 20500000 125400000
6 Law Charges 52500000 175300000
7 Postage Telegram Telex 220100000 544200000
8 Repair & Maintenance 110100000 369400000
9 Insurance & G. Fee 521000000 1881200000
10 Other Expenses 1817900000 5622700000
Total other operating Expenses 3401900000 11879000000
Total Operating Expenses 9823900000 32763900000
6 Total expenditure excluding provisions and contingencies 30193100000 109740300000
7 Operating profit before provision and contingencies 8163900000 20749200000
8 Provisions other than tax and contingencies 3740200000 7373700000
9 Exceptional items 0 0
10 Total profit (loss) from ordinary activities before tax 4423700000 13375500000
11 Provision for Tax 1295900000 3217200000
12 Net profit (loss) from ordinary activities after tax 3127800000 10158300000
13 Extraordinary items net of tax expenses 0 0
14 Net profit (loss) for the period 3127800000 10158300000
15 Share of profit (loss) of associates
16 Profit (loss) of minority interest
17 Net Profit (loss) after taxes minority interest and share of profit (loss) of associates 3127800000 10158300000
18 Details of equity share capital [Abstract]
Paid-up equity share capital 70955900000 67777900000
Face value of equity share capital 10 10
19 Reserve excluding revaluation reserves (as per balance sheet of previous accounting year) 51964700000
20 Analytical ratios
(i) Percentage of share held by government of India 93.85 93.85
(ii) Capital adequacy ratio
CET 1 ratio 15.59 15.59
Additional Tier 1 ratio 0 0
(iii) (a) Earnings per share before extraordinary items
Basic earnings per share before extraordinary items 0.46 1.5
Diluted earnings per share before extraordinary items 0.46 1.5
(iii) (b) Earnings per share after extraordinary items
Basic earnings per share after extraordinary items 0.46 1.5
Diluted earnings per share after extraordinary items 0.46 1.5
(iv) NPA Ratios
Amount of gross non-performing assets 33700600000 33700600000
Amount of net non-performing assets 9370700000 9370700000
% of gross NPAs 3.38 3.38
% of net NPAs 0.96 0.96
Return on assets 0.79 0.67
21 Disclosure of notes on financial results by banks


Statement of Asset and Liabilities
Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-Apr-2024
Date of end of reporting period 31-Mar-2025
Whether results are audited or unaudited Audited
Nature of report standalone or consolidated Standalone
1 Capital and liabilities
Capital 70955900000
Reserves and surplus 62591700000
Deposits 1297740200000
Borrowings 142295200000
Other liabilities and provisions 44568700000
Total Capital Liabilities 1618151700000
2 ASSETS
Cash and Balances with Reserve Bank of India 87938000000
Balances with Banks and money at call and short notice 262600000
Investments 469123100000
Advances 972999000000
Fixed Assets 17788700000
Other Assets 70040300000
Total Assets 1618151700000
Disclosure of notes on assets and liabilities


Text Block
Textual Information(1)


Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-Jan-2025 01-Apr-2024
Date of end of reporting period 31-Mar-2025 31-Mar-2025
Whether results are audited or unaudited Audited Audited
Nature of report standalone or consolidated Standalone Standalone
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
1 Treasury 9362200000 35995300000
2 Corporate/Wholesale Banking 6851000000 42247000000
3 Retail Banking 22043800000 51948400000
4 Other Banking Operations 100000000 298800000
Total Segment Revenue 38357000000 130489500000
Less: Inter segment revenue 0 0
Income from operations 38357000000 130489500000
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
1 Treasury 2272500000 8897700000
2 Corporate/Wholesale Banking 3823700000 9373700000
3 Retail Banking 6837300000 11526300000
4 Other Banking Operations 100000000 298800000
Total Profit before tax 13033500000 30096500000
i. Finance cost 0 0
ii. Other Unallocable Expenditure net off Unallocable income 4869600000 9347300000
Profit before tax 8163900000 20749200000
3 (Segment Asset - Segment Liabilities)
Segment Asset
1 Treasury 476532200000 476532200000
2 Corporate/Wholesale Banking 499875800000 499875800000
3 Retail Banking 614664900000 614664900000
4 Other Banking Operations 0 0
Total Segment Assets 1591072900000 1591072900000
Un-allocable Assets 27078800000 27078800000
Net Segment Assets 1618151700000 1618151700000
4 Segment Liabilities
Segment Liabilities
1 Treasury 4400331200000 4400331200000
2 Corporate/Wholesale Banking 461901400000 461901400000
3 Retail Banking 567970200000 567970200000
4 Other Banking Operations 0 0
Total Segment Liabilities 5430202800000 5430202800000
Un-allocable Liabilities 14401300000 14401300000
Net Segment Liabilities 5430202800000 5430202800000
Disclosure of notes on segments




Cash Flow Statement, Indirect
Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-Jan-2025
B Date of end of reporting period 31-Mar-2025
C Whether results are audited or unaudited Audited
D Nature of report standalone or consolidated Standalone
1 Statement of cash flows
Cash flows from used in operating activities
Profit before extraordinary items and tax
2 Adjustments for reconcile profit (loss)
Adjustments to profit (loss)
Adjustments for finance costs 1707300000
Adjustments for depreciation and amortisation expense 1450800000
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0
Adjustments for unrealised foreign exchange losses gains 0
Adjustments for dividend income 0
Adjustments for share-based payments 0
Other adjustments for which cash effects are investing or financing cash flow 0
Other adjustments to reconcile profit (loss) 2000000
Other adjustments for non-cash items -31997600000
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0
Total adjustments to profit (loss) -28837500000
3 Adjustments for working capital
Adjustments for decrease (increase) in inventories 0
Adjustments for decrease (increase) in trade receivables 0
Adjustments for decrease (increase) in other current assets -142694800000
Adjustments for increase (decrease) in trade payables 0
Adjustments for increase (decrease) in other current liabilities 131865000000
Adjustments for provisions -3217200000
Total adjustments for working capital -14047000000
Total adjustments for reconcile profit (loss) -42884500000
Net cash flows from (used in) operations -29509000000
Dividends received 0
Interest paid 0
Interest received 0
Income taxes paid (refund) -6619400000
Other inflows (outflows) of cash -45400000
Net cash flows from (used in) operating activities before extraordinary items -22935000000
Proceeds from extraordinary items 0
Payment for extraordinary items 0
Net cash flows from (used in) operating activities -22935000000
4 Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0
Cash flows used in obtaining control of subsidiaries or other businesses 0
Other cash receipts from sales of equity or debt instruments of other entities 0
Other cash payments to acquire equity or debt instruments of other entities 0
Other cash receipts from sales of interests in joint ventures 0
Other cash payments to acquire interests in joint ventures 0
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0
Proceeds from sales of tangible assets -2000000
Purchase of tangible assets 1674100000
Proceeds from sales of intangible assets 0
Purchase of intangible assets 0
Cash advances and loans made to other parties 0
Cash receipts from repayment of advances and loans made to other parties 0
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0
Dividends received 0
Interest received 0
Income taxes paid (refund) 0
Other inflows (outflows) of cash 0
Proceeds from government grants 0
Net cash flows from (used in) investing activities before extraordinary items -1676100000
Proceeds from extraordinary items 0
Payment for extraordinary items 0
Net cash flows from (used in) investing activities -1676100000
5 Cash flows from used in financing activities
Proceeds from issuing shares 12193900000
Proceeds from issuing other equity instruments 0
Proceeds from issuing debentures notes bonds etc 0
Proceeds from borrowings 30000000000
Repayments of borrowings 0
Dividends paid 1355600000
Interest paid 1707300000
Income taxes paid (refund) 0
Other inflows (outflows) of cash -149400000
Net cash flows from (used in) financing activities before extraordinary items 38981600000
Proceeds from extraordinary items 0
Payment for extraordinary items 0
Net cash flows from (used in) financing activities 38981600000
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes 14370500000
6 Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 0
Net increase (decrease) in cash and cash equivalents 14370500000
Cash and cash equivalents cash flow statement at beginning of period 73830100000
Cash and cash equivalents cash flow statement at end of period 88200600000


Details of Impact of Audit Qualification
Whether results are audited or unaudited Audited
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Auditor's opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results Yes
Sr No. Audit firm's name Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI Certificate valid upto
1 M/s S P Chopra & Co Yes 31-Aug-2027
2 M/s Gupta Sharma & Associates Yes 31-Mar-2027
3 M/s N B S & Co Yes 31-Aug-2027
4 M/s O P Totla & Co Yes 31-Jan-2026


Financial details
Sr. Particulars Audited Figures (as reported before adjusting for qualifications) Adjusted Figures (audited figures after adjusting for qualifications)
1 Turnover / Total income
2 Total Expenditure
3 Net Profit/(Loss)
4 Earnings Per Share
5 Total Assets
6 Total Liabilities
7 Net Worth

Any other financial item(s) (as felt appropriate by the management)



Signatories details

Name of CEO / Managing director
Name of CFO
Name of audit committee chairman
Name of statutory auditor
Name of other signatory, if any, with designation
Place
Date


Statement on Deviation or Variation for proceeds of Public Issue, Rights Issue, Preferential Issue, Qualified Institutions Placement Etc. (1)
Mode of Fund Raising QIP
Description of mode of fund raising (Applicable in case of others is selected)
Date of Raising Funds 27-Mar-2025
Amount Raised 12193900000
Report filed for Quarter ended 31-Mar-2025
Monitoring Agency Not Applicable
Monitoring Agency Name, if applicable
Is there a Deviation / Variation in use of funds raised No
If yes, whether the same is pursuant to change in terms of a contract or objects, which was approved by the shareholders
If Yes, Date of shareholder Approval
Explanation for the Deviation / Variation false
Comments of the Audit Committee after review false
Comments of the auditors, if any false
Sr. Original Object Modified Object, if any Original Allocation Modified allocation, if any Funds Utilised Amount of Deviation/Variation for the quarter according to applicable object Remarks if any


Signatory Details
Name of signatory Arnab Goswamy
Designation of person Chief Financial Officer
Place New Delhi
Date 29-Apr-2025




Format for Disclosure of Related Party Transactions (applicable only for half-yearly filings i.e., 2nd and 4th quarter)
Sr No. Additional disclosure of related party transactions - applicable only in case the related party transaction relates to loans, inter-corporate deposits, advances or investments made or given by the listed entity/subsidiary. These details need to be disclosed only once, during the reporting period when such transaction was undertaken.
Details of the party (listed entity /subsidiary) entering into the transaction Details of the counterparty Type of related party transaction Details of other related party transaction Value of the related party transaction as approved by the audit committee Remarks on approval by audit committee Value of transaction during the reporting period In case monies are due to either party as a result of the transaction In case any financial indebtedness is incurred to make or give loans, inter-corporate deposits, advances or investments Details of the loans, inter-corporate deposits, advances or investments Notes
Name PAN Name PAN Relationship of the counterparty with the listed entity or its subsidiary Opening balance Closing balance Nature of indebtedness (loan/ issuance of debt/ any other etc.) Details of other indebtedness Cost Tenure Nature (loan/ advance/ intercorporate deposit/ investment ) Interest Rate (%) Tenure Secured/ unsecured Purpose for which the funds will be utilised by the ultimate recipient of funds (endusage)
1 Punjab & Sind Bank Swarup Kumar Saha MD & CEO Remuneration 2050000 Omnibus Approval 2050000 0 0
2 Punjab & Sind Bank Ravi Mehra Executive Director Remuneration 2125000 Omnibus Approval 2125000 0 0
3 Punjab & Sind Bank Rajeeva Executive Director Remuneration 1732000 Omnibus Approval 1732000 0 0
Total value of transaction during the reporting period 5907000





Format for Disclosing Outstanding Default on Loans and Debt Securities
Sr. No. Particulars Amount Remarks
1. Loans / revolving facilities like cash credit from banks / financial institutions
A Total amount outstanding as on date
B Of the total amount outstanding, amount of default as on date
2. Unlisted debt securities i.e. NCDs and NCRPS
A Total amount outstanding as on date
B Of the total amount outstanding, amount of default as on date
3. Total financial indebtedness of the listed entity including short-term and long-term debt