Non-bank lender Mahindra Finance on Tuesday reported a 36 per cent growth in its consolidated net for the September quarter at Rs 390 crore. The lender had reported a post-tax profit of Rs 287 crore in the year-ago period. On a standalone basis, in the September quarter, net jumped 57 per cent to Rs 369 … Read more
Consumer discretionary major Titan Ltd will report its third quarter results today and if we go by the pre-quarter update, the company is expected to post strong growth in both bottom line and top line. Titan said its standalone grew 22% year-on-year in the third quarter. Here’s what to expect from Titan’s Q3 Core earnings … Read more
After a decent set of results from IT heavyweights TCS, Infosys and HCL Tech, investors are eagerly awaiting the quarterly numbers from Tech Mahindra, which will report its earnings today. However, the expectations from the company seem to be modest for the third quarter.Tech Mahindra may report sequential decline in overall revenue and constant currency … Read more
MUMBAI – ICICI Bank Ltd on Saturday reported a 36% year-on-year (YoY) growth in net profit for the quarter ended September to Rs 10,261 crore. Net interest income increased 24% on year to Rs 18,308 crore. Total income for the quarter increased 31% on year to Rs 40,697 crore. Provisions in the quarter dropped sharply … Read more
Private sector lender IndusInd Bank is expected to report strong numbers for the quarter ended March on the back of healthy loan growth, higher interest income, improved margin and asset quality. The bank’s net profit for the quarter ended March is seen rising 43.4% on year to Rs 2,009 crore, according to the average of … Read more
Private sector lender YES Bank today reported 80.66% on-year drop in its standalone December quarter net profit at Rs 51.52 crore due to ageing related provisions. Its net interest income improved 11.7% YoY at Rs 1,971 crore in Q3. Its net interest margin (NIM) in Q3 stood at 2.5% up nearly 10 bps YoY and … Read more
on Saturday reported a 20 per cent on year growth in net profit for the September quarter to Rs. 10,606 crores. Net interest income grew by nearly 19 per cent on year to Rs. 21,021 crores. Both net profit and net interest income were slightly lower than analysts’ estimates. Bank’s core net interest margin for … Read more
NEW DELHI: HDFC Bank on Saturday reported a net profit of Rs 10,342.2 crore in October-December quarter; registering an increase of 18 per cent year-on-year as strong growth in the private lender’s net revenues boosted its bottom line. Net interest income for the quarter under review grew by 13 per cent to Rs 18,443.5 crore, … Read more
MUMBAI: today reported a 190 per cent year-on-year rise in its net profit for the quarter ended March to Rs 876 crore, which was above analysts’ estimates. The lender reported a net interest income of Rs 3,534.6 crore for the reported quarter, which was also higher than analysts’ estimates of Rs 3,476 crore. The lender’s … Read more
Mumbai: A fall in provisons and finance costs helped , the non banking finance company (NBFC) of the Bajaj Group reported a 42% rise in consolidated net profit for the quarter ended March 2021 to Rs 1 ,347 crore from Rs 948 crore a year ago over riding a fall in total income even as … Read more