Equitas SFB Q2 Results: Net profit up 70% to ₹198 crore, NIIs up 25% YoY
1 year, 2 months ago

Equitas SFB Q2 Results: Net profit up 70% to ₹198 crore, NIIs up 25% YoY

Live Mint  

Equitas Small Finance Bank announced its July-September quarter results for fiscal 2023-24, reporting a growth of 70.2 per cent in net profit at ₹198 crore, compared to ₹116.4 crore in the corresponding period last year. The private lender's net interest income – the difference between interest earned and interest expended – during the second quarter of current fiscal stood at ₹765.6 crore, registering a growth of 25 per cent, compared to ₹609.7 crore in the year-ago period. Deposits grew by 42 per cent year-on-year and 11 per cent quarter on quarter to touch ₹30,839 crore during the quarter ending September 30, 2023. The bank during the quarter under review registered disbursements growth of 29 per cent year-on-year to ₹4,961 crore, according to regulatory filing by Equitas SFB to the stock exchanges.

Growth Crore Last Year Equitas Sfb Q2 Cent Quarter  yearonyear  equitas  registered  crore  70  period  cent  quarter  sfb  q2  yoy  growth  income  profit  net  results  deposits  interest  niis

History of this topic

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 …

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 …

​​Equitas takes a big knock. Does the small finance bank deserve it?
1 month, 1 week ago

​​Equitas takes a big knock. Does the small finance bank deserve it?

Live Mint  

The microfinance sector is facing turbulence, hitting balance sheets hard as the market penalises even stocks with minimal ties to microfinance. While almost all small finance banks started as microfinance institutions, the likes of Equitas SFB have moved away from microfinance over the years. View Full Image Key Ratios Chart - Equitas Small Finance Bank According to the management, current …

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 …

IRCON International Q2 Results: Net profit rises 18% to ₹206 crore, revenue down 19% YoY
1 month, 2 weeks ago

IRCON International Q2 Results: Net profit rises 18% to ₹206 crore, revenue down 19% YoY

Live Mint  

IRCON International Q2 Results: IRCON International announced its January-March quarter results for fiscal 2024-25 on Thursday, November 7, reporting a rise of 18 per cent in net profit to ₹206 crore, compared to ₹250.7 crore in the corresponding period last year. The state-run engineering and construction firm's revenue from operations in the second quarter of the current fiscal dropped 19.3 …

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, …

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 …

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 …

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 …

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, …

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 …

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 …

Neuland Laboratories crack 13.5% as Q4 results miss Street expectations
7 months, 1 week ago

Neuland Laboratories crack 13.5% as Q4 results miss Street expectations

Live Mint  

Shares of Neuland Laboratories cracked over 13 percent in intra-day deals on Monday after the pharma firm's March quarter results missed Street expectations. Meanwhile, its total income also declined 6 percent YoY to ₹390.4 crore versus ₹415 crore in the corresponding quarter last year. Meanwhile, in the overall financial year 2023-24, the company's net profit soared 83.7 percent YoY to …

Zomato posts consolidated net profit of Rs 175 crore in Q4 FY24
7 months, 1 week ago

Zomato posts consolidated net profit of Rs 175 crore in Q4 FY24

India TV News  

Online food delivery firm Zomato Ltd on Monday reported a consolidated net profit of Rs 175 crore in the March quarter on the back of higher revenue. "Year-on-year topline growth accelerated to 61% and continues to trend above the stated outlook of 40%+, growth driven by robust growth in both food delivery and quick commerce," the press release published by …

Bank of Baroda Q4 results: Net profit rises 2.3% to Rs 4,886 crore
7 months, 1 week ago

Bank of Baroda Q4 results: Net profit rises 2.3% to Rs 4,886 crore

Business Standard  

The board has recommended a dividend at Rs 7.60 per equity share of face value of Rs 2 each fully paid up for the 2023-24 subject to approval at the ensuing 28th Annual General Meeting. | Photo: Shutterstock State-owned Bank of Baroda on Friday posted a marginal 2.3 per cent rise in net profit at Rs 4,886 crore for the …

FPIs Withdraw Rs 325 Crore From Indian Equities So Far In April
8 months, 2 weeks ago

FPIs Withdraw Rs 325 Crore From Indian Equities So Far In April

News 18  

FPIs have turned cautious as they pulled out Rs 325 crore from Indian equities in the first week of this month owing to relatively high valuations and the upcoming general elections. Going ahead, Geojit Financial Services Chief Investment Strategist VK Vijayakumar said the US 10-year yield has spiked to 4.4 per cent, which will impact FPI investment flows into India …

EIH shares hit 20 per cent upper circuit after robust Q3 performance
10 months, 2 weeks ago

EIH shares hit 20 per cent upper circuit after robust Q3 performance

India TV News  

Shares of EIH Ltd surged to an all-time high, hitting the upper circuit of 20 per cent at Rs 426.15 apiece on the BSE in early trade on Wednesday, marking the fourth consecutive session of gains. In the third quarter ended December, the company reported a consolidated profit after tax of Rs 229.94 crore, marking a significant increase of 54.6 …

SBI Q3 net slips 35% on wages, pension
10 months, 2 weeks ago

SBI Q3 net slips 35% on wages, pension

The Hindu  

State Bank of India reported third quarter net profit plunged 35.49% to ₹9,164 crore as compared with ₹14,205 crore in the year ago period due to a one-time provisioning of ₹7,100 crore toward wage hikes and pension liabilities, its chairman Dinesh Khara said at a press conference. Out of the ₹7,100 crore the bank provided ₹5,400 crore to correct the …

Yes Bank Q3 net profit surges to Rs 231 crore, NII soars to Rs 2,017 crore
10 months, 3 weeks ago

Yes Bank Q3 net profit surges to Rs 231 crore, NII soars to Rs 2,017 crore

India TV News  

Yes Bank reported a net profit of Rs 231 crore for the October-December quarter of 2023-24, 349.70 per cent higher Rs 52 crore figure in the same period the previous year, which was significantly impacted by provisions made for the transfer of sour loans to an asset reconstruction company. In the preceding September quarter, Yes Bank's net profit stood at …

IOB Q3 results: Profit jumps 30% to ₹723 crore on improvement in core income
10 months, 4 weeks ago

IOB Q3 results: Profit jumps 30% to ₹723 crore on improvement in core income

Hindustan Times  

State-owned Indian Overseas Bank on Wednesday reported 30 per cent rise in net profit at ₹723 crore for December quarter 2023-24, on the back of improvement in core income and reduction in bad loans. On the asset quality front, the bank's gross Non-Performing Assets declined to 3.90 per cent of gross loans by the end of December 2023 from 8.19 …

PNB Q2 net profit jumps 327% to ₹1,756 crore; NII rises 20% YoY
1 year, 1 month ago

PNB Q2 net profit jumps 327% to ₹1,756 crore; NII rises 20% YoY

Live Mint  

PNB Q2 Results: Punjab National Bank, the state-run lender, reported a sharp jump of 327% in its net profit for the second quarter of FY24 led by lower provisions. PNB’s net profit in Q2FY24 surged to ₹1,756 crore from ₹411.3 crore in the same quarter last year. PNB’s net interest income during the July-September 2023 quarter rose 20% to ₹9,923 …

PNB Housing Finance Q2 Results: Net profit rises 45% to ₹383 cr, revenue up 5%
1 year, 2 months ago

PNB Housing Finance Q2 Results: Net profit rises 45% to ₹383 cr, revenue up 5%

Live Mint  

PNB Housing Finance Q2 Results: Punjab National Bank Housing Finance announced its July-September quarter results for fiscal 2023-24 on Monday, October 24, reporting a rise of 45.9 per cent in net profit at ₹383 crore, compared to ₹262.6 crore in the corresponding period last year. The revenue from operations in the second quarter of current fiscal stood at ₹1,777.8 crore, …

Equitas SFB shares hit new high despite weak market sentiments. Buy or wait?
1 year, 2 months ago

Equitas SFB shares hit new high despite weak market sentiments. Buy or wait?

Live Mint  

Stock market today: Equitas Small Finance Bank shares have been in uptrend after the announcement of Q2 results 2023 on Thursday last week. Equitas Small Finance Bank share price target Expecting further upside in Equitas Small Finance Bank shares, Sumeet Bagadia, Executive Director at Choice Broking said, "Equitas Small Finance Bank shares are looking bullish on chart. Equitas Small Finance …

IndusInd Bank Q2 profit up 22% to ₹2,202 cr
1 year, 2 months ago

IndusInd Bank Q2 profit up 22% to ₹2,202 cr

Hindustan Times  

IndusInd Bank on Wednesday posted 22 per cent rise in consolidated net profit at ₹2,202 crore for September quarter 2023-24, aided by decline in bad loans and a rise in interest income. Total income increased to ₹13,530 crore during the quarter under review, as against ₹10,719 crore in the same period last year, IndusInd Bank said in a regulatory filing. …

Bandhan Bank Q2 profit jumps over 3-fold to ₹721 cr
1 year, 2 months ago

Bandhan Bank Q2 profit jumps over 3-fold to ₹721 cr

Hindustan Times  

Bandhan Bank on Wednesday reported over three- fold jump in net profit at ₹721 crore for the second quarter ended September 30, 2023. Bandhan Bank The Kolkata-headquartered private sector lender had posted a profit of ₹209.30 crore for the same quarter a year ago. On the asset quality front, the lender reported deterioration as gross non-performing assets rose to 7.32 …

Higher income, lower provisions lift IndusInd Q2 profit 22%
1 year, 2 months ago

Higher income, lower provisions lift IndusInd Q2 profit 22%

Live Mint  

Private sector lender IndusInd Bank on Wednesday reported a 22% year-on-year rise in September quarter standalone net profit to ₹2,181.5 crore on the back of higher income and lower provisions. We have consistently communicated that our balance sheet construct, and the growth dynamics are able to withstand NIM volatility,” said Sumant Kathpalia, chief executive officer, IndusInd Bank. We have always …

Bandhan Bank Q2 net profit up 245% YoY to ₹721 crore
1 year, 2 months ago

Bandhan Bank Q2 net profit up 245% YoY to ₹721 crore

Live Mint  

Bandhan Bank for the quarter ending September'2023 saw its net profit rise 245% YoY to ₹721 crore compared to ₹209 Crore in the year ago quarter. Bandhan Bank's Net Interest Income improved to ₹2,443 crore in Q2 FY24 from ₹2,193 crore in Q2 FY23. Bandhan Bank Net NPA stood at around ₹2360 Crore at the end of Q2FY24 compared to …

IndusInd Bank Q2 results preview: Stable margin, healthy growth in revenue
1 year, 2 months ago

IndusInd Bank Q2 results preview: Stable margin, healthy growth in revenue

Live Mint  

IndusInd Bank is likely to announce healthy Q2FY24 earnings with stable margin and asset quality and a healthy year-on-year growth in revenue and profit after tax numbers. In the first quarter of the current financial year, IndusInd Bank reported a standalone net profit of ₹2,123.6 crore, registering a growth of 32.5 per cent from ₹1,603.29 crore in the same quarter …

EIH Q1 Results: Net profit rises 65% on year to ₹103.76 crore
1 year, 4 months ago

EIH Q1 Results: Net profit rises 65% on year to ₹103.76 crore

Live Mint  

EIH Ltd on Tuesday reported an 65.2% year-on-year rise in its consolidated net profit for the fiscal's first quarter ended June to ₹103.76 crore. The company's consolidated revenue from operations rose 26.3% on year to ₹498.10 crores during the quarter ended June from ₹394.29 crore in Q1FY23. The company in its exchange filing stated that earnings before interest, taxes, and …

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 …

BHEL Q1 results: Consolidated net loss widens by 83% YoY to ₹343.9 crore
1 year, 4 months ago

BHEL Q1 results: Consolidated net loss widens by 83% YoY to ₹343.9 crore

Live Mint  

BHEL Q1 results: Bharat Heavy Electricals Limited reported a consolidated net loss of ₹343.9 crore in the June quarter against ₹188 crore in June quarter FY23. The company's revenue rose by 7.1% to ₹5,003.4 crore in Q1FY24 against ₹4,672 crore in Q1FY23. The company revenue rose by 7% to ₹5,003.4 crore in Q1FY24. Further division of the company revenue shows …

REC Q1 Results: Net profit rises 21% to ₹2,968 crore, dividend declared
1 year, 4 months ago

REC Q1 Results: Net profit rises 21% to ₹2,968 crore, dividend declared

Live Mint  

REC Q1 Results: REC announced its April-June quarter results for fiscal 2023-24 on July 26, reporting a growth of 21 per cent in consolidated net profit at ₹2,968.05 crore, compared to ₹2,454.16 crore in the corresponding period last year. The power distributer's board also proposed raising of funds through the placement of unsecured/secured non-convertible bonds or debentures of upto ₹1,05,000 …

Bank of Maharashtra Q1 net profit jumps 95% to ₹882 crore; NII rises 39% YoY
1 year, 5 months ago

Bank of Maharashtra Q1 net profit jumps 95% to ₹882 crore; NII rises 39% YoY

Live Mint  

Bank of Maharashtra, the state-run lender, reported a standalone net profit of ₹882.08 crore in the first quarter of FY24, recording a sharp growth of 95.2% from ₹451.90 crore in the corresponding quarter of last fiscal. Net Interest Income, which is the difference between interest earned and interest expended, during Q1FY24 rose 38.8% to ₹2,339.7 crore from ₹1,685.7 crore, YoY. …

IndusInd Bank Q1FY24 net profit may rise 33% YoY amid healthy loan growth
1 year, 5 months ago

IndusInd Bank Q1FY24 net profit may rise 33% YoY amid healthy loan growth

Live Mint  

IndusInd Bank is set to announce its earnings for the first quarter of FY2024 on Tuesday. The private sector lender is expected to see stable margins and healthy loan growth during the June quarter. “Deposit growth was 15% YoY, broadly steady vs. last quarter and remains higher than system deposit growth of 12% YoY as of mid-June. Analysts at brokerage …

HDFC Bank Q1 net profit rises 30% YoY to ₹11,952 crore; NII jumps 21%
1 year, 5 months ago

HDFC Bank Q1 net profit rises 30% YoY to ₹11,952 crore; NII jumps 21%

Live Mint  

HDFC Bank, the largest private lender in the country, reported a standalone net profit of ₹11,951.7 crore for the quarter ended June 2023, registering a growth of 30% from ₹9,196 crore in the same quarter last year. HDFC Bank's total deposit showed a healthy growth and were at ₹19,13,096 crore as of June 30, 2023, an increase of 19.2% over …

TCS likely to see muted revenue growth in Q1FY24; EBIT margin may contract
1 year, 5 months ago

TCS likely to see muted revenue growth in Q1FY24; EBIT margin may contract

Live Mint  

Tata Consultancy Services, the largest software services exporter in India, will announce its earnings for the first quarter of FY24 on July 12. According to Emkay Global Financial Services, TCS may see 1.3% QoQ USD revenue growth factoring 30 bps cross-currency tailwinds. The brokerage house expects the company’s EBIT margin to decline by 100 bps QoQ due to wage hike, …

Motilal Oswal reiterates ‘buy’ on Equitas Small Finance Bank; here’s why
1 year, 5 months ago

Motilal Oswal reiterates ‘buy’ on Equitas Small Finance Bank; here’s why

Live Mint  

Motilal Oswal Financial Services has reiterated ‘buy’ rating on Equitas Small Finance Bank over robust growth and strong upside potential in neat-term. On June 23, shares of Equitas Small Finance Bank settled 3.17 per cent lower at ₹82.07 apiece on the BSE. Motilal Oswal says that the stock price implies an upside potential of 28 per cent. Equitas Small Finance …

Bandhan Bank Q4 result: Net profit decline 57% to ₹808 cr, dividend declared
1 year, 7 months ago

Bandhan Bank Q4 result: Net profit decline 57% to ₹808 cr, dividend declared

Live Mint  

Private lender Bandhan Bank on Friday reported 57.5 per cent decline in net profit to ₹808.3 crore for the quarter ended March 2023. Meanwhile, its net interest income, which is the difference between interest earned and expended, down 2.7 per cent to Rs2,471.8 crore from ₹2,540.2 crore year-on-year. The total advances rose 10 per cent as of March end to …

ITC Q4 results: Firm announces dividend of ₹9.5, fixes record date
1 year, 7 months ago

ITC Q4 results: Firm announces dividend of ₹9.5, fixes record date

Live Mint  

FMCG major ITC Ltd on Thursday announced a final dividend ₹6.75 and a special dividend of ₹2.75 per ordinary share of ₹1 each for the financial year ended 31 March, 2023. ITC had declared an interim dividend of ₹6 in February 2023, thus taking the total dividend for the financial year ended 31 March, 2023 to Rs15.50 per ordinary share …

Stocks to Watch: HDFC, Pfizer, Adani Group, PVR Inox, P&G Health, Vedanta
1 year, 7 months ago

Stocks to Watch: HDFC, Pfizer, Adani Group, PVR Inox, P&G Health, Vedanta

Live Mint  

Here are the top 10 stocks that could be in focus in today's trade: HDFC: Mortgage lender Housing Development Finance Corporation would issue bonds through a private placement to raise up to ₹8,000 crore and strengthen its financial position. Pfizer: For the March quarter, Pfizer Ltd's standalone net profit rose 3.1% to ₹129.65 crore from ₹125.79 crore during the same …

Stocks to Watch: Canara Bank, UPL, Vedanta, Mahanagar Gas, SpiceJet
1 year, 7 months ago

Stocks to Watch: Canara Bank, UPL, Vedanta, Mahanagar Gas, SpiceJet

Live Mint  

Here are the top 10 stocks that could be in focus in today's trade: Canara Bank: State-owned Canara Bank on Monday reported a 74 per cent jump in March quarter consolidated net profit to ₹3,336.51 crore, helped by higher core income and lower provisions. Mahanagar Gas: Mahanagar Gas's Q4FY23 net profit jumped 204 per cent to ₹268 crore compared to …

Fino Payments Bank Q4 profit up 25% at ₹22 crore
1 year, 7 months ago

Fino Payments Bank Q4 profit up 25% at ₹22 crore

Live Mint  

Mumbai: Fino Payments Bank has reported a net profit of ₹22.1 crore in the three months through March, up 25.4% from a year ago. Net revenue grew 18.2% year-on-year to ₹105.8 crore in the March quarter of FY23 and its earnings before interest, taxes, depreciation, and amortization rose 46.3% y-o-y to ₹43 crore. The bank said its total deposits increased …

IDFC First Bank posts highest ever quarterly profit of ₹803 cr in Q4, up 134%
1 year, 7 months ago

IDFC First Bank posts highest ever quarterly profit of ₹803 cr in Q4, up 134%

Live Mint  

IDFC First Bank witnessed strong growth in earnings for the fourth quarter of FY23. The lender's net profit in Q4FY23 more than doubled to ₹803 crore which is the highest ever in a quarter, while recording double-digit growth in net interest income. In Q4FY23, the bank's net profit skyrocketed by 134% to ₹803 crore as against a profit of ₹343 …

Kerala-based CSB Bank posts 20% rise in Q4 net profit to Rs 156 crore
1 year, 7 months ago

Kerala-based CSB Bank posts 20% rise in Q4 net profit to Rs 156 crore

Business Standard  

Kerala-based private sector lender CSB Bank has posted a 20 per cent rise in net profit during the fourth quarter of 2022-23 to Rs 156 crore, as compared to Rs 131 crore during the same period the previous financial year, owing to rise in income and dip in bad loans. Its net interest income also increased by 15 per cent …

IndusInd Bank Q4 net profit surges nearly 50% YoY to ₹2,040.51 crore
1 year, 7 months ago

IndusInd Bank Q4 net profit surges nearly 50% YoY to ₹2,040.51 crore

Live Mint  

IndusInd Bank exceeded the Street's expectations with a standalone net profit of ₹2,040.51 crore for the quarter ended March, an increase of nearly 50% over the number of ₹1,361.37 crore from the previous year. The lender's net interest income totaled ₹4,669.46 crore, up 17% over the previous year. In Q4FY23, the bank's total income increased 16% year-on-year to ₹6,823 crore, …

Macrotech Developers Q4 earnings: PAT up 38% YoY, Board declares 1:1 bonus issue and dividend of 20%
1 year, 8 months ago

Macrotech Developers Q4 earnings: PAT up 38% YoY, Board declares 1:1 bonus issue and dividend of 20%

Live Mint  

Macrotech Developers is a large cap company recorded a market cap of ₹43,744.02 Cr during Friday closing. The company said in a stock exchange filing that its Board of Directors have approved “Issuance of bonus equity shares in the proportion of 1 new fully paid up equity share of ₹10 each for every existing 1 equity share of ₹10 each …

Yes Bank Q4FY23 results: Net profit dips 45% despite 25% rise in total income
1 year, 8 months ago

Yes Bank Q4FY23 results: Net profit dips 45% despite 25% rise in total income

Live Mint  

Yes Bank has announced its Q4FY23 results on Saturday reporting dip in net profit from 367.46 crore to ₹202.43 crore in Q4FY23, logging near 45 per cent decline in year-on-year basis. However, on quarter-to-quarter basis, Yes Bank reported around 293 per cent rise against Q3FY23 net profit of ₹51.52 crore. In FY23, Yes Bank posted 19.46 per cent rise in …

Stocks to Watch: ONGC, HCL Tech, IndusInd Bank, Britannia, HDFC Bank, and Others
1 year, 8 months ago

Stocks to Watch: ONGC, HCL Tech, IndusInd Bank, Britannia, HDFC Bank, and Others

News 18  

The Nifty futures contract traded on the Singapore Exchange indicates a negative start to domestic equities. IndusInd Bank: The private lender’s net advances improved 21 per cent YoY in Q4 to Rs 2.9 lakh crore, while it reported a 15 per cent growth in deposits to Rs 3.36 lakh crore. HDFC Bank: The bank’s deposits grew 20.8 per cent YoY …

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