Aditya Kumar Halwasia has bought 38 lakh shares in The Karnataka Bank via a bulk deal on Friday. The shares which were purchased at a premium of Rs 5.6%, taking the deal size at Rs 71 crore. Halwasia is an Indian investor with stake in Tourism Finance Corporation of India Ltd (TFCIL) and is the … Read more
Mumbai: Private sector lender Axis Bank on Wednesday reported a 26% fall in its September-quarter net profit to ₹5,090 crore due to a one-time standard asset provision impact. A poll of analysts by Bloomberg had estimated a net profit at ₹5,838 crore. The lender had reported a net profit of ₹6,918 crore in the year-ago … Read more
ICICI Lombard General Insurance reported an 18% rise in net profit for the second quarter of FY26, even as its gross direct premium income (GDPI) fell 1.9% YoY to ₹6,596 crore from ₹6,721 crore. The insurer’s combined ratio rose to 105.1% from 104.5% in the same period last year. Excluding catastrophic losses, the ratio stood … Read more
Inox Wind‘s consolidated net profit more than doubled to Rs 97.34 crore in the June quarter compared to the year-ago period, mainly due to higher revenues. It had posted a consolidated net profit of Rs 41.59 crore in the year-ago period, a BSE filing showed. Total income rose to Rs 862.56 crore during the quarter … Read more
Bharat Petroleum Corporation Limited (BPCL) on Wednesday reported a 141% jump in its Q1 consolidated net profit at Rs 6,839 crore compared to Rs 2,842 crore in the year-ago period. The profit after tax (PAT) is attributable to the owners of the company. The PSU OMC reported revenue of Rs 1,29,615 crore in the quarter … Read more
Britannia Industries on Tuesday reported a 3 % year-on-year rise in consolidated Q1 FY26 net profit to Rs 521 crore, up from Rs 506 crore a year earlier. Total revenue from operations grew 9 % to Rs 4,622 crore versus Rs 4,250 crore in Q1 FY25. The PAT was 7% lower on a sequential basis … Read more
BLS International, which provides tech-enabled services for governments and citizens, reported revenues of Rs 711 crore for the first quarter of financial year 2026, up 44% year-on-year. The company posted a net profit of Rs 181 crore, up 50% year-on-year. Launched in 2005, the Delhi-headquartered company has grown into India’s leading global service delivery partner, … Read more
Lower bad loan provisions helped Indian Bank report a 24% rise in net profit for the first quarter to Rs 2,973 crore, compared with Rs 2,403 crore in the year-ago period. Its pre-provision operating profit rose 6% year-on-year to Rs 4,770 crore from Rs 4,502 crore. Provisions against NPAs for the quarter stood at Rs … Read more
India’s largest private lending bank, HDFC Bank on Saturday, reported its fourth quarter results for FY25, wherein its profit after tax was reported at Rs 17,616 crore, up by 6.7% YoY while its net interest income (NII) was up by 10.3% YoY to Rs 32,070 crore. The PAT stood above the ETNow poll, while the … Read more
New Delhi, ICICI Lombard on Tuesday reported a 2 per cent decline in net profit to Rs 510 crore for the fourth quarter ended March 31. The company had reported a post-tax net profit of Rs 520 crore in the year-ago period. However, the total income of the company rose to Rs 5,851 crore in … Read more