Microfinancing company Muthoot Microfin has commenced the disbursement of loans through its co-lending arrangement with the State Bank of India (SBI), the largest lender in the country. Under the partnership, the SBI has approved a Rs 500 crore limit, to be distributed in increments of Rs 100 crore. The loans, ranging from Rs 50,000 to … Read more
Shares of Apollo Hospitals surged 6% to their all-time high of Rs 7,396.30 on the BSE after the company reported a 63% year-on-year (YoY) jump in net profit to Rs 379 crore in Q2FY25, led by its hospital business.The company reported a net profit of Rs 233 crore in the corresponding quarter of the previous … Read more
Shares of state-owned GAIL (India) Ltd on Wednesday jumped around 6% to Rs 209.4 on BSE after reporting a 11% year-on-year (YoY) rise in September quarter net profit to Rs 2,672 crore. Its revenue from operations increased 3.5% YoY to Rs 32,931 crore in the July-September period. The profit growth was led by an increase … Read more
Shares of FMCG company Marico shot up 9.3% to an intraday high of Rs 687.30 on the BSE after the company on Tuesday reported a 20% in consolidated net profit to Rs 433 crore for the September quarter. It had posted a net profit of Rs 360 crore in the July-September quarter a year ago. … Read more
Private sector lender Federal Bank on Monday posted an 11 per cent increase in net profit to Rs 1,057 crore in the September quarter. The lender had earned a net profit of Rs 954 crore in the year-ago period. The total income increased to Rs 7,541 crore during the quarter under review against Rs 6,186 … Read more
JSW Infrastructure on Monday reported around 40 per cent rise in consolidated net profit to Rs 373.73 crore in the September quarter, aided by higher income. Its net profit for the period was Rs 266.87 crore in the July-September period of the preceding 2023-24 fiscal, the company said in an exchange filing. Its total income … Read more
IDFC First Bank reported a 73% drop in its September quarter standalone net profit at Rs 201 crore versus Rs 751 crore reported by it in the year ago period. However, the Net Interest Income (NII) grew 21% to Rs 4,788 crore in Q2FY25 versus Rs 3,950 crore in the year ago period. The earnings … Read more
State-owned power giant NTPC Limited on Thursday posted about 14 per cent rise in consolidated net profit to Rs 5,380.25 crore for the September quarter. Its net profit in the year-ago period stood at Rs 4,726.40 crore, a BSE filing said. The total income, however, fell to Rs 45,197.77 crore in the quarter from Rs … Read more
Mortgage lender Can Fin Homes reported a 34% rise in net profit for the second quarter at Rs 212 crore against Rs 158 crore in the year ago period. Source link
Precision engineering and manufacturing company Balu Forge Industries on Monday reported a 107% year-on-year jump in its consolidated net profit for the quarter ended September 30, 2024 at Rs 48 crore which was up from Rs 23 crore reported by the company in the year ago period. The company in which ace investor Ashish Kacholia … Read more