New Delhi: State-owned Punjab National Bank (PNB) on Friday reported 10 percent growth in net profit to Rs 1,405.12 crore for the April-June quarter of 2014-15.

In the year-ago period, the bank had reported a net profit of Rs 1,275.32 crore, PNB said in a regulatory filing to the stock exchanges.

The bank's total income increased to Rs 12,825.13 crore during the first quarter ended June 30 from Rs 11,746.59 crore in the same period last year.

The bank's asset quality aggravated with gross Non Performing Assets (NPAs) climbing to 5.48 percent in the quarter under review from 5.25 percent in January-March quarter.

Besides, net NPAs moved up to 3.02 percent during the quarter ended June 30 from 2.85 percent in the preceding three months.

Shares of PNB were trading 1.04 percent down to Rs 918.65 apiece on the BSE.--PTI