BoB Q1FY24 results: Net profit jumps 87.7% YoY, NPA dips over 40%
1 year, 4 months ago

BoB Q1FY24 results: Net profit jumps 87.7% YoY, NPA dips over 40%

Live Mint  

Bank of Baroda Q1 results 2023-24: State-owned bank, Bank of Baroda has declared its Q1FY24 results today. Sharing its first quarter results for the current financial year, the PSU bank reported 87.72 per cent YoY jump in net profit during April to June 2023 quarter. Bank of Baroda Q1FY24 net profit In Q1FY24, the PSU bank reported a net profit of ₹4,070.1 crore, logging 87.72 per cent rise against the net profit of ₹2,168.1 crore in Q1FY23. The public sector undertaking bank reported dip in net NPA from ₹12,652.74 crore in Q1FY23 to ₹7,482.45 crore in recently ended June 2023 quarter, clocking around 40.86 per cent dip in YoY terms. On sequential basis, net NPA of BoB came down from ₹8,384.32 crore in Q4FY23 to ₹7,482.45 crore in Q1FY24, logging near 10.75 per cent dip during April to June 2023 quarter of FY 2023-24.

Growth Results Bank Income Profit Crore Cent Quarter Yoy Net Bob Psu Baroda Net Profit Npa Q1Fy24 Bank Of Baroda Q1Fy23 Q4Fy23 June 2023 Quarter  crore  profit  npa  bank  growth  cent  dips  quarter  yoy  q1fy24  bob  baroda  877  jumps  net  income  results

History of this topic

Banking revival in 2025: Why strong liability franchises stand to gain
2 weeks, 5 days ago

Banking revival in 2025: Why strong liability franchises stand to gain

Live Mint  

Indian bank stocks are waiting for their moment in the sun. Read this | Private lenders see stress in credit cards, personal loans in Q2 Elevated deposit costs and sluggish base growth weighed heavily on net interest margins for both public and private banks. Public vs private banks Credit costs for private banks increased by 10 basis points sequentially, with …

Nifty PSU Bank index logs 7% gain in 4 sessions; Bank of India and 5 other constituents rise up to 10%
3 weeks, 5 days ago

Nifty PSU Bank index logs 7% gain in 4 sessions; Bank of India and 5 other constituents rise up to 10%

Live Mint  

Shares of Indian PSU lenders have made a strong recovery in recent sessions, reversing the weak performance seen in the first half of the current month. The win has sparked optimism that the central government will prioritise increasing capital expenditure to drive economic growth, especially as current spending lags behind FY2025 budget estimates. Reflecting this optimism, the Nifty PSU Bank …

India Inc's Q2 has been tepid. Is a recovery in sight?
1 month ago

India Inc's Q2 has been tepid. Is a recovery in sight?

Live Mint  

India Inc. faced another challenging quarter in July-September as corporate earnings continued the recent trend of lukewarm performance. This was particularly evident in revenue growth, which hit a four-quarter low, dragging down net profit expansion for the fifth consecutive quarter, a Mint analysis showed. Costs surge An analysis of expense patterns shows that while aggregate spending held steady at 82% …

These companies post over 45% YoY rise in Q2 profits even as downgrades increase
1 month ago

These companies post over 45% YoY rise in Q2 profits even as downgrades increase

Live Mint  

In its latest earnings review, Motilal Oswal Financial Services observed that earnings performance for the MOFSL Universe was in line with expectations, showing a 1 per cent year-on-year decline. Hindalco: Aditya Birla Group’s Hindalco Industries Ltd reported an impressive 123.3 per cent YoY increase in net profit, reaching ₹1,891 crore for Q2 FY25, driven by robust operational performance in its …

Mukul Agrawal portfolio: Multibagger stock PTC Industries jumps 4% as Q2 profit surges over 100%
1 month ago

Mukul Agrawal portfolio: Multibagger stock PTC Industries jumps 4% as Q2 profit surges over 100%

Live Mint  

Mukul Agrawal Portfolio: Shares of PTC Industries, an engineering component manufacturer, surged 4.3% to ₹11,550 in intraday trade on Monday, November 18, after the company reported a strong set of numbers for the September-ending quarter. The net profit stood at ₹17.31 crore in Q2 FY25, compared to ₹8.14 crore in Q2 FY24, a robust growth of 112.7% YoY. Mukul Agrawal's …

BHARAT DYNAMICS Q2 Results 2024: Profit Falls by 16.7% YOY
1 month, 1 week ago

BHARAT DYNAMICS Q2 Results 2024: Profit Falls by 16.7% YOY

Live Mint  

BHARAT DYNAMICS Q2 Results 2024:BHARAT DYNAMICS declared their Q2 results on 14 Nov, 2024, revealing a significant decline in profits and revenues compared to the same quarter last year. Earnings per Share for Q2 stood at ₹3.34, which marked a significant drop of 58.41% year-over-year, further highlighting the challenges faced by BHARAT DYNAMICS in maintaining profitability. As of 17 Nov, …

IFCI Q2 Results 2024: Profit Falls by 12.73% Year-on-Year
Trending News
1 month, 1 week ago

IFCI Q2 Results 2024: Profit Falls by 12.73% Year-on-Year

Live Mint  

IFCI Q2 Results 2024:IFCI has announced its Q2 results for 2024 on November 15, revealing a mixed financial performance. In comparison to the previous quarter, IFCI experienced significant growth, with revenue rising by 57.08% and profit soaring by 176.36%. In the stock market, IFCI shares have experienced a decline of 13.62% over the past week, but they have provided a …

FirstCry parent firm Brainbees Solutions posts narrower loss of ₹63 crore in Q2; revenue rises 26% YoY
1 month, 1 week ago

FirstCry parent firm Brainbees Solutions posts narrower loss of ₹63 crore in Q2; revenue rises 26% YoY

Live Mint  

Brainbees Solutions, parent of FirstCry, on Thursday, November 14, reported a decline in consolidated net loss to ₹62.85 crore for the quarter ended September 2024 from ₹119.4 crore in the year-ago period. Operating performance remained strong in Q2 of fiscal 2024-25, with Brainbees Solutions reporting a 66 per cent growth in adjusted earnings before interest, tax, depreciation and amortisation at …

Bharat Dynamics Q2 Results: Defence PSU posts 17% fal in net profit to ₹147 crore, revenue drops 11% YoY
Trending News
1 month, 1 week ago

Bharat Dynamics Q2 Results: Defence PSU posts 17% fal in net profit to ₹147 crore, revenue drops 11% YoY

Live Mint  

Bharat Dynamics on Thursday posted a net profit of ₹122.53 crore for the quarter ended September 2024, recording a fall of 16.7% from ₹147.09 crore in the year-ago period. Operating performance of Bharat Dynamics weakened during the September quarter as earnings before interest, tax, depreciation and amortization decreased 26.2% to ₹99 crore from ₹134 crore, while EBITDA margin narrowed to …

Hindustan Aeronautics Q2 Results: Net profit rises 22% to ₹1,510 crore, revenue grows 6% YoY
1 month, 1 week ago

Hindustan Aeronautics Q2 Results: Net profit rises 22% to ₹1,510 crore, revenue grows 6% YoY

Live Mint  

Hindustan Aeronautics Ltd, the state-run defence company, reported a 22.4% rise in its consolidated net profit for the second quarter of FY25 to ₹1,510.49 crore from ₹1,236.67 crore in the year-ago quarter. At the operational level, HAL's earnings before interest, tax, depreciation and amortization during the quarter ended September grew 7.3% to ₹1,640 crore from ₹1,527.7 crore, while EBITDA margin …

Deepak Nitrite Q2 Results 2024: Profit Falls by 5.31% YOY
1 month, 1 week ago

Deepak Nitrite Q2 Results 2024: Profit Falls by 5.31% YOY

Live Mint  

Deepak Nitrite Q2 Results 2024:Deepak Nitrite declared their Q2 results on 13 Nov, 2024, revealing a mixed performance for the quarter. The operating income also faced challenges, down by 4.84% quarter-over-quarter and 5.24% year-over-year, indicating that the company is struggling to maintain profitability amidst rising costs. As of 14 Nov, 2024, Deepak Nitrite has a market capitalization of ₹34,010.97 crore, …

BSE Q2 Results 2024: Profit Soars by 187.76% Year-Over-Year
1 month, 1 week ago

BSE Q2 Results 2024: Profit Soars by 187.76% Year-Over-Year

Live Mint  

BSE Q2 Results 2024:BSE declared its Q2 results for the fiscal year 2024 on 12 November 2024, showcasing impressive growth metrics. Despite a recent dip, with BSE shares delivering a -4.11% return in the last week, the stock has shown remarkable resilience over the longer term, posting a 58.11% return over the last six months and a staggering 102.22% year-to-date …

Stocks to Watch: Nykaa, Hyundai Motor, BSE, Zydus Lifesciences, Sunteck Realty, and more
1 month, 1 week ago

Stocks to Watch: Nykaa, Hyundai Motor, BSE, Zydus Lifesciences, Sunteck Realty, and more

Live Mint  

Here’s a quick look at stocks likely to be in focus in today's trade. Hyundai Motor India: The automaker reported a 16% decrease in consolidated net profit to ₹1,375.47 crore for Q2FY25, down from ₹1,628 crore a year earlier, due to weak local demand and global geopolitical challenges. Religare Enterprises: The company reported a consolidated net profit of ₹68.49 crore …

PSB’s Record 26% Profit Growth in First Half FY25
1 month, 1 week ago

PSB’s Record 26% Profit Growth in First Half FY25

Deccan Chronicle  

New Delhi: The finance ministry on Tuesday said that public sector banks have shown robust performance in the first half of the current fiscal year with a 26 per cent growth in net profit, increase in business and decline in non-performing assets. During the first six months of FY25, the finance ministry also said that the credit and deposit portfolio …

BSE Q2 results: Net profit soars 193% YoY to ₹346 crore, revenue up 2-fold to ₹819 crore
1 month, 1 week ago

BSE Q2 results: Net profit soars 193% YoY to ₹346 crore, revenue up 2-fold to ₹819 crore

Live Mint  

New Delhi, Nov 12 - Leading stock exchange BSE on Tuesday reported a three-time surge in net profit to ₹346 crore for the September quarter. Additionally, BSE recorded its best half-year revenue and profit of ₹1,493 crore and ₹610 crore, respectively, the exchange's MD & CEO Sundararaman Ramamurthy said. The average daily premium turnover in the equity derivatives segment for …

Public sector banks grew 11% in first half of FY25, finance ministry data shows
1 month, 1 week ago

Public sector banks grew 11% in first half of FY25, finance ministry data shows

Live Mint  

Public-sector banks have maintained their strong performance, reporting 11% on-year growth in aggregate business at ₹236.04 trillion in the first half of FY25, the finance ministry said in a statement on Tuesday. 133.75 trillion, respectively, in the first half of the financial year, the ministry said. Banking reforms The finance ministry attributed the improved performance to banking reforms such as …

SBI’s core performance soft in Q2FY25
1 month, 1 week ago

SBI’s core performance soft in Q2FY25

Live Mint  

State Bank of India Ltd has reported an impressive jump of 51% year-on-year in its September quarter standalone pre-provisioning operating profit to ₹29,295 crore. Core PPoP is operating profit excluding volatile incomes such as treasury, forex gains, recoveries of past bad loans, etc. Even if there is an interest-rate cut by the Reserve Bank of India, SBI’s management sounded confident …

SBI Q2 Results: Net profit rises 28% YoY to ₹18,331.4 crore, NII up 5.37%; 6 key highlights
1 month, 2 weeks ago

SBI Q2 Results: Net profit rises 28% YoY to ₹18,331.4 crore, NII up 5.37%; 6 key highlights

Live Mint  

SBI Q2 Results: Public sector lender State Bank of India on Friday reported a standalone net profit of ₹18,331.44 crore for the quarter ended September 30, 2024, which was up by 27.92% over ₹14,330.02 crore reported by the company in the year-ago period. Net interest income for the quarter ended September, increased by 5.37% year-over-year to reach ₹41,620 crore, up …

Sanofi India Q3 Results Live: Profit Falls by 45.89% YOY
1 month, 2 weeks ago

Sanofi India Q3 Results Live: Profit Falls by 45.89% YOY

Live Mint  

Sanofi India Q3 Results Live : Sanofi India announced its Q3 results on November 7, 2024, revealing a significant decline in both revenue and profit. In comparison to the previous quarter, Sanofi India saw a revenue growth of 13.05%, while profit decreased by 20.35%. As of November 8, 2024, Sanofi India holds a market capitalization of ₹15,103.14 crore, with a …

SBI net profit zooms 28% on better asset quality, credit growth
1 month, 2 weeks ago

SBI net profit zooms 28% on better asset quality, credit growth

New Indian Express  

MUMBAI: The State Bank of India has reported a 28 percent on-year growth in net profit at Rs 18,331 crore for the quarter to September driven by improved asset quality and higher credit sales. The new chairman CS Setty, who assumed office only last month, said that in the reporting quarter, the bank earned an interest income of Rs 1.14 …

Trent Q2 Results: Profit grows 47% YoY to ₹355 crore, revenue rises 39%
1 month, 2 weeks ago

Trent Q2 Results: Profit grows 47% YoY to ₹355 crore, revenue rises 39%

Live Mint  

Trent Q2 Results: Trent Ltd, a Tata Group company, posted a 46.9 per cent year-on-year growth in consolidated net profit for the September quarter to ₹355.06 crore on Thursday, November 7. On a standalone basis, Trent's revenue jumped 39 per cent YoY to ₹4,035.56 crore while the net profit rose 46.18 per cent YoY to ₹423.44 crore. In an otherwise …

Timken India Q2 Results Live: Profit Falls by 3.33% YoY
1 month, 2 weeks ago

Timken India Q2 Results Live: Profit Falls by 3.33% YoY

Live Mint  

Timken India Q2 Results Live : Timken India declared their Q2 results on 05 Nov, 2024, reporting a 10.4% increase in topline revenue year-on-year, despite a 3.33% decline in profit during the same period. Despite the quarterly challenges, Timken India has shown some resilience, delivering a 3.8% return over the last week, a 0.79% return over the past six months, …

NSE Q2 Results: Net profit rises 57% to ₹3,137 crore, total income up 25% YoY
1 month, 2 weeks ago

NSE Q2 Results: Net profit rises 57% to ₹3,137 crore, total income up 25% YoY

Live Mint  

New Delhi, Nov 4 The National Stock Exchange on Monday reported a 57 per cent year-on-year surge in consolidated net profit to ₹3,137 crore for the September quarter. The exchange posted a total income of ₹5,023 crore during the July-September period of the current financial year, up 25 per cent on a year-on-year basis. For the half-year ended September 30, …

Hezbollah Names Sheikh Naim Kassem as New Leader
1 month, 3 weeks ago

Hezbollah Names Sheikh Naim Kassem as New Leader

Live Mint  

Indian stock markets experienced a rebound on Tuesday, October 29, with the Sensex and Nifty indices making smart turnarounds. The recovery was driven by strong performances from major heavyweights like Reliance Industries, HDFC Bank ICICI Bank, and State Bank of India. Meanwhile, Adani Ports and Special Economic Zone reported strong Q2 results, while Ola Electric shares experienced a significant decline …

Canara Bank Reports 11.31% Net Profit Growth in Q2 FY25
1 month, 3 weeks ago

Canara Bank Reports 11.31% Net Profit Growth in Q2 FY25

The Hindu  

Canara Bank reports a strong Q2 performance with a 11.31% increase in net profit to ₹4,014 crore. The bank's net interest income also saw a significant rise, reaching ₹9,315 crore, compared to ₹8,903 crore in the corresponding quarter last year. The bank's NPAs have been reduced significantly, with the MSME sector NPA ratio dropping to 7.1% in Q2, down from …

Tamilnad Mercantile Bank Soars to New Heights with 11% Net Profit Growth
1 month, 3 weeks ago

Tamilnad Mercantile Bank Soars to New Heights with 11% Net Profit Growth

The Hindu  

Tamilnad Mercantile Bank reports its highest-ever net profit for the September quarter, with a rise of 11%. The bank's net interest income increased by 12%, while net interest margin improved to 4.25%. Non-interest income also rose, indicating a strong performance in the private sector lending segment.

Adani Ports Q2 results: A strong rebound but a mixed performance
Trending News
1 month, 3 weeks ago

Adani Ports Q2 results: A strong rebound but a mixed performance

Live Mint  

Adani Ports and Special Economic Zone reported strong financial results for the second quarter of financial year 2024, with a net profit of ₹2,412.54 crore, up 37% year-over-year. However, its total income declined over 22% from ₹7,372.37 crore to ₹6,951.86 crore. Despite the decline, the company's net profit for the first half of the financial year 2024-25 was higher at …

Stocks to Watch: ICICI Bank, Yes Bank, Coal India, Inox Wind, Lodha, REC, and more
1 month, 3 weeks ago

Stocks to Watch: ICICI Bank, Yes Bank, Coal India, Inox Wind, Lodha, REC, and more

Live Mint  

The Indian stock market saw a mixed performance in the second quarter of 2023, with several major companies reporting strong financial results. ICICI Bank, Yes Bank, and REC reported significant increases in their net profits, while Coal India and Bharat Petroleum saw a decline in their profit margins. Inox Wind and DLF reported significant profit gains, while Bank of Baroda …

Q2 Results, Maharashtra Candidates, Israel-Iran Conflict, New Zealand Dominates India
1 month, 3 weeks ago

Q2 Results, Maharashtra Candidates, Israel-Iran Conflict, New Zealand Dominates India

Live Mint  

Several leading companies released their second quarter results on Saturday, with some seeing significant improvements. The Indian stock market remained largely unchanged, with the BSE Sensex down 0.2%. Meanwhile, political parties in Maharashtra shared their candidate lists for the upcoming Assembly polls, with the BJP and the NCP both releasing 22 candidates each.

BoB Q2 Results: A Strong Performance with Significant Growth
1 month, 4 weeks ago

BoB Q2 Results: A Strong Performance with Significant Growth

Live Mint  

Bank of Baroda reports a strong Q2 result, with a 23.2% increase in standalone net profit and a 7.3% YoY growth in NII. The bank's operating income and profit margins are also impressive, with a 12% YoY rise in operating income and a 18.2% YoY increase in operating profit. The bank's net and gross NPAs have also improved significantly, indicating …

Stocks to Watch: Strong Performance in the Banking and Real Estate Sectors
2 months ago

Stocks to Watch: Strong Performance in the Banking and Real Estate Sectors

Live Mint  

The news article focuses on several Indian stocks, highlighting positive financial performances and potential gains. While some companies like Bajaj Housing Finance, Cyient DLM, and Union Bank of India saw significant increases in their net profits, others like Mahindra Logistics and Aurum PropTech reported net losses. Ola Electric's IPO is expected to be a major highlight in the Indian stock …

Bajaj Housing Finance Soars 21% in Net Profit, First Earnings Since Listing
2 months ago

Bajaj Housing Finance Soars 21% in Net Profit, First Earnings Since Listing

India Today  

Bajaj Housing Finance reports a significant increase in its net profit and revenue for the quarter ending September 2024. The company's net profit jumped by 21%, reaching Rs 546 crore, compared to Rs 451 crore in the same period last year. The revenue from operations also saw a rise of 26%, reaching Rs 2,410 crore. The company's net interest income …

Axis Bank Q2 Results: A Strong Performance Despite Market Challenges
2 months ago

Axis Bank Q2 Results: A Strong Performance Despite Market Challenges

Live Mint  

Axis Bank reports a strong Q2FY25 performance, with a 18% rise in standalone net profit to ₹6,917.57 crore. The bank's net interest income (NII) rose 10% YoY, while the net interest margin (NIM) shrunk by four per cent. Despite the decline in NIM, the bank's margin excluding the one-time tax gain remained broadly maintained. The bank's net loans grew by …

ICICI Bank stock hits record high, market cap crosses ₹9 lakh crore for first time; What’s driving the rally?
3 months ago

ICICI Bank stock hits record high, market cap crosses ₹9 lakh crore for first time; What’s driving the rally?

Live Mint  

Private lender ICICI Bank, on Wednesday, became the fourth Indian company to surpass a market capitalization of ₹9 lakh crore for the first time, following a share price increase of over 30 percent in 2024. On September 18, the stock reached an all-time high of ₹1,295 on the BSE, marking a 2 percent increase from the previous close, with a …

HDFC Bank to Announce Q2 FY25 Financial Results on October 19, Check Details
3 months, 1 week ago

HDFC Bank to Announce Q2 FY25 Financial Results on October 19, Check Details

News 18  

HDFC Bank, India’s largest private sector lender, on Monday said it will announce its second-quarter results for the current financial year 2024-25 on October 19. In a BSE filing, the company said its board of directors will meet on October 19, 2024, “to inter-alia consider and approve the un-audited standalone and consolidated financial results for the quarter/half-year ending September 30, …

Hardwyn India Q1 Results Live: Profit Rise by 20.67% YOY
4 months, 1 week ago

Hardwyn India Q1 Results Live: Profit Rise by 20.67% YOY

Live Mint  

Hardwyn India Q1 Results Live : Hardwyn India Q1 Results Live: Hardwyn India declared their Q1 results on 14 Aug, 2024. Operating income for Hardwyn India was down by 59.8% q-o-q, but on a YoY basis, it witnessed an increase of 31.81%. Despite the positive YoY growth in revenue and profit, the stock has delivered a negative return of -2.67% …

SBI Q1 2024-25 results: Net profit up 5.04%, net NPAs down by 6.26%, ₹25,000 crore bond fundraise approved
4 months, 2 weeks ago

SBI Q1 2024-25 results: Net profit up 5.04%, net NPAs down by 6.26%, ₹25,000 crore bond fundraise approved

Hindustan Times  

State Bank of India Ltd has announced its first quarter results for the financial year 2024-25 on Saturday, August 3, 2024 and its board has also approved a ₹25,000 crore fundraising through bonds. SBI recorded a net profit of ₹19,680.80 crore in Q1 2024-25, an increase of 5.04% or ₹944.85 crore, compared to ₹18,735.95 crore during Q1 2023-24 or the …

Stocks to watch: Ambuja Cements, Maruti, Sun Pharma, M&M, Adani Power, Infosys
4 months, 3 weeks ago

Stocks to watch: Ambuja Cements, Maruti, Sun Pharma, M&M, Adani Power, Infosys

Live Mint  

Ambuja Cements: The company reported a consolidated profit of ₹646.31 crore for Q1FY25, a 28.6% YoY decline due to rising expenses and lower revenues. Tata Steel: The company reported a 51% jump in consolidated net profit to ₹960 crore for Q1FY25, up from ₹634 crore YoY, but missed analysts’ expectations of ₹1,025 crore. Redington: The company reported a 15% YoY …

ICICI Bank Q1 net profit grows 14.6% to ₹11,059 crore
4 months, 3 weeks ago

ICICI Bank Q1 net profit grows 14.6% to ₹11,059 crore

The Hindu  

ICICI Bank Ltd. reported Q1 FY25 net profit grew 14.6% year-on-year to ₹11,059 crorebeating estimates led by treasury gains and other income. Net interest income of the private sector bank for June quarter rose 7.3% YoY to ₹19,553 crore, the bank said in a filing. “We are comfortable with the asset quality andour strategy is to grow in a risk …

Dr. Reddy's Laboratories Q1 results: Net profit down 0.74% despite revenue growing 13.86%
4 months, 3 weeks ago

Dr. Reddy's Laboratories Q1 results: Net profit down 0.74% despite revenue growing 13.86%

Hindustan Times  

Dr. Reddy's Laboratories Ltd has announced its first quarter results for the financial year 2024-25 on Saturday, July 27. Dr. Reddy's Laboratories' net profit was down 0.74% despite revenue growing 13.86% {{^userSubscribed}} {{/userSubscribed}} {{^userSubscribed}} {{/userSubscribed}} {{^usCountry}} {{/usCountry}} How much was Dr. Reddy's Laboratories' revenue and net profit? The pharmaceuticals giant's consolidated revenue grew to ₹7,672.7 crore, which is a rise …

IDFC First Bank Q1 Results: Net profit drops 11% to ₹680.7 crore, NII up 25% YoY; Asset quality stable
4 months, 3 weeks ago

IDFC First Bank Q1 Results: Net profit drops 11% to ₹680.7 crore, NII up 25% YoY; Asset quality stable

Live Mint  

IDFC First Bank Q1 Results: The private lender's NII rose 25.4 per cent to ₹ 4,695 crore in the first quarter of the current fiscal year, compared to ₹ 3,745 crore in the year-ago period. IDFC First Bank Q1 Results: IDFC First Bank announced its announced its April-June quarter results for fiscal 2024-25 on Saturday, July 27, reporting a drop …

ICICI Bank Q1 results: Net profit grows 14.62%, interest income up 17%, gross NPAs fall 9.75%, net interest margin falls
4 months, 3 weeks ago

ICICI Bank Q1 results: Net profit grows 14.62%, interest income up 17%, gross NPAs fall 9.75%, net interest margin falls

Hindustan Times  

ICICI Bank Ltd, India's second-largest private sector lender has announced its first quarter financial results for the financial year 2024-25 on Saturday, July 27. The bank recorded a standalone net profit of ₹11,059.11 crore, a gain of 14.62% or ₹1,410.91 compared to the same quarter of the previous year, which was at ₹9,648.20 crore. This was a fall of 9.75% …

Canara Bank Q1 net profit up 10% to ₹3,905 crore
4 months, 4 weeks ago

Canara Bank Q1 net profit up 10% to ₹3,905 crore

Hindustan Times  

State-owned Canara Bank on Thursday posted a 10 per cent rise in its net profit to ₹3,905 crore for the first quarter ended June 30, on account of reduction in bad loans. During the quarter, the bank's total income increased to ₹34,020 crore, as against ₹29,823 crore a year ago, Canara Bank said in a regulatory filing. On the asset …

Stocks To Watch: RBL Bank, Adani Green, Nestle, Axis Bank, RVNL, IDBI Bank, And Others
4 months, 4 weeks ago

Stocks To Watch: RBL Bank, Adani Green, Nestle, Axis Bank, RVNL, IDBI Bank, And Others

News 18  

Stocks To Watch On July 25: The markets traded lackluster and ended slightly lower on Wednesday, continuing the ongoing consolidation phase. Q1FY25 results on Thursday: Aavas Financiers, Adani Green Energy, Ashok Leyland, AU Small Finance Bank, Canara Bank, Chalet Hotels, Chennai Petrochem Corp, Cyient, DLF, Glenmark Life Sciences, Go Digital General Insurance, Home First Finance Company India, Jupiter Wagons, Jyothy …

Federal Bank Q1 net profit grows 18.25% to ₹1,010 crore
4 months, 4 weeks ago

Federal Bank Q1 net profit grows 18.25% to ₹1,010 crore

The Hindu  

Federal Bank Ltd. reported Q1 FY25 net profit rose 18.3% year-on-year to ₹1,009.53 crore. Net advances rose to ₹2,20,806.41 crore, from ₹1,83,487.41 crore in the year-earlier period. Gross NPA at the end of Q1 FY25 was ₹4738.35 crore, which as a percentage to Gross Advances was 2.11%, while net NPA and as a percentage to net advances was ₹1330.44 crore …

Federal Bank logs record high net income at Rs 1,010 crore, to raise Rs 6,000 crore
5 months ago

Federal Bank logs record high net income at Rs 1,010 crore, to raise Rs 6,000 crore

New Indian Express  

MUMBAI: The Kochi-based old generation private sector lender Federal Bank has reported the highest-ever quarterly net income at Rs 1,010 crore for the June quarter, logging in an 18.25 percent annualised growth, boosted by all-round performance in terms of asset generation as well as maintaining asset quality. The lender, which is getting a new chief executive in Krishnan Venkat Subramanian …

HDFC Bank logs 35% increase in net profit
5 months ago

HDFC Bank logs 35% increase in net profit

New Indian Express  

NEW DELHI: Returning to its once famed over 30% net income for as many as 34 quarters on the trot which ended with the pandemic era, the second-largest lender logged in a robust 35.33% jump in net profit at Rs 16,174.75 crore for the June quarter even though the numbers are not comparable since the merger with its parent took …

Yes Bank Q1 Results: Net Profit Jumps 46% to Rs 502 Crore on Lower Provisions
5 months ago

Yes Bank Q1 Results: Net Profit Jumps 46% to Rs 502 Crore on Lower Provisions

News 18  

Yes Bank Q1 Results: Private sector lender Yes Bank on Saturday reported a bigger-than-expected 46 per cent jump in standalone net profit to Rs 502 Crore, helped by a drop in loan-loss provisions and robust loan growth. The Mumbai-based private lender’s standalone net profit had stood at Rs 343 crore in the corresponding period last year. Yes Bank’s provisions and …

Kotak Mahindra Bank Q1 Results: Net Profit Surges 81% to Rs 6,250 Crore, NPA Flat
5 months ago

Kotak Mahindra Bank Q1 Results: Net Profit Surges 81% to Rs 6,250 Crore, NPA Flat

News 18  

Kotak Mahindra Bank Q1 Results: Kotak Mahindra Bank said on Saturday reported an 81 per cent surge in its standalone net profit to Rs 6,250 crore for the April-June 2024 quarter. Kotak Mahindra Bank’s standalone net profit, excluding subsidiaries, had stood at Rs 3,452 crore rupees in the corresponding period last year. Kotak recorded “exceptional” income of Rs 3,520 crore …

TCS Q1 results: Net profit grows 8.7% to ₹12,040 crore
5 months, 1 week ago

TCS Q1 results: Net profit grows 8.7% to ₹12,040 crore

The Hindu  

Tata Consultancy Services Ltd reported consolidated first quarter net profit grew 8.7% year on year to ₹12,040 crore despite degrowth in several business YoY. Commenting on the results K Krithivasan, Chief Executive Officer and Managing Director, TCS said: “I am pleased to report a strong start to the new fiscal year with all-round growth across industries and markets.” “We are …

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