operating performance

RBL Bank Q4 results: Net profit sinks 34% YoY, misses estimates; asset quality improves

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MUMBAI: today reported a 34 per cent year-on-year decline in net profit to Rs 75 crore, which was below analysts’ estimates. The decline in profit was largely on account of higher provisioning in the quarter. The lender’s net interest income in the quarter slumped 11 per cent on-year to Rs 906 crore, which was also … Read more

Will strong operating performance in Q1 help Bajaj Auto accelerate?

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Brokerages kept mixed view on Bajaj Auto after June quarter stood operationally better for the two-wheeler major with positive surprises on EBITDA margins. The auto major, however, on Wednesday reported a 53.1 per cent year-on-year (YoY) dip in net profit at Rs 528 crore for the June quarter, compared with Rs 1,125.67 crore in the … Read more