MUMBAI: Ricky Ponting stood vindicated on Sunday as his marquee acquisition Shreyas Iyer delivered when it mattered most, smashing a maiden IPL century to pilot Punjab Kings to a crucial seven-wicket triumph that resuscitated their playoff ambitions.

The PBKS head coach, who sanctioned a substantial outlay to secure Iyer's services ahead of the season, watched his captain respond with a match-defining knock that halted a torrid six-game losing streak threatening to derail their campaign entirely.

"I spent big money on Shreyas Iyer for a reason," Ponting declared post-match, praising the right-hander's composure under pressure. The Australian legend emphasised Iyer's leadership qualities and temperament as factors that justified the franchise's significant investment during the auction.

The three-figure score marked a watershed moment for Iyer in franchise cricket's premier competition, showcasing his class at a juncture when Punjab desperately needed inspiration. The comprehensive victory keeps their playoff dreams flickering, though PBKS must now turn spectators, hoping other results swing favourably to secure passage into the knockout stages.

With nerves frayed after their losing spiral, Iyer's maturity under duress offered glimpses of the calculated gamble Ponting made in backing him as the fulcrum of Punjab's revival plans.