The Delhi-based public sector bank's operating profit has increased by 18.5 per cent to Rs 221.14 crore as against Rs 186.49 crore in the corresponding period last year. The PNB board of directors took into account the unaudited results of the first quarter last week.

The bank's total income has touched Rs 1,304.96 crore in the quarter ended June 30, 1999, registering a 15.8 per cent rise from Rs 1,126.06 crore in the corresponding period in the previous year.

The interest income of the bank has increased to Rs 1,182.93 crore, up from Rs 997.87 crore in the previous year. However other income has fallen by 4.8 per cent to Rs 122.03 crore from Rs 128.19 crore in the previous year.

PNB's total expenditure has increased to Rs 1,083.82 crore in the first quarter of 1999-2000 from Rs 939.57 crores in the corresponding period of the previous fiscal. Its operating expenses have gone up to Rs 332.01 crore from Rs 293.02 crore.