Vodafone Idea (Vi) is expected to post another weak quarter for Q2FY26, with muted revenue growth as subscriber erosion continues and 5G-related costs weigh on profitability. According to an average of five brokerages, Vi’s revenue is likely to grow around 2% year-on-year and stay almost flat sequentially, while losses may narrow to around Rs 6,600-7,077 … Read more
More than 300 companies, including heavyweights such as Swiggy, Adani Green Energy, ITC, and Larsen & Toubro, are set to release their financial results this week, offering investors and analysts a comprehensive snapshot of corporate performance for the July–September quarter of FY26. The flood of earnings announcements will give markets a clearer picture of how … Read more
India’s largest private lender HDFC Bank, on Saturday, reported its second quarter results for FY26, reporting a 10.8% year-on-year (YoY) growth in its standalone net profit at Rs 18,641.28 crore, up from Rs 16,820.97 crore in the same period last year. Further, the bank’s net interest income (NII) also witnessed a 4.8% YoY growth and … Read more
In the last one month, domestic stock markets have experienced a significant decline due to weak Q2 results and substantial selling by foreign investors. The Sensex and Nifty have dropped almost 10% from their highs, leaving investors uncertain about the best course of action during this market downturn. Despite the challenges, the mutual fund industry … Read more
Shares of PSU company Hindustan Aeronautics (HAL) today surged 4% to an intraday high of Rs 4,246 on the BSE today after the company on Thursday reported a consolidated net profit of Rs 1,510 crore for the quarter that ended September 30, 2024, rising 22% over Rs 1,237 crore reported in the year-ago period. The … 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
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
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-run REC reported a 6.5% rise in its September quarter consolidated net profit at Rs 4,038 crore versus Rs 3,790 crore reported by it in the year ago period. The total interest income earned by the NBFC during the quarter stood at Rs 13,485 crore which was up 18% over Rs 11,399 crore reported in … Read more
Shriram Finance on Friday reported a profit after tax (PAT) growth of 18.3% at Rs 2,071.26 crores as against Rs 1,750.84 crores recorded in the same period of the previous year. The Net Interest Income (NII) for the second quarter ended September, 30 2024 increased by 16.37% and stood at Rs 5,606.74 crores as against … Read more