State-owned Canara Bank on Monday posted a net profit of ₹3,905.28 crore in the first quarter of the current financial year, up about 10.5% from ₹3,534 crore in the same quarter a year ago. The profit also rose by 4.0% sequentially over the previous quarter. Asset Quality: The asset quality of Canara Bank has improved, […]
Canara Bank Q1 Net Profit Rises 11 Per Cent to ₹3,905 Crore Read More »
Nestle India reported a 6.9% year-on-year increase in net profit for the first quarter of fiscal year 2025, reaching ₹746.6 crore compared to ₹698.3 crore in the same period last year. This figure fell short of market expectations, as a Moneycontrol poll of eight brokerages had projected a net profit of ₹798 crore. The FMCG
Nestle India Q1 Results Net Profit Rises 7% to ₹747 Crore; Shares Decline Read More »
Axis Bank posted a net profit of ₹6,035 crore for the first quarter of fiscal year 2025, compared with ₹3,452 crore in the corresponding period last year. On top of that, this income statement had been standing higher compared to the expectations of eight brokerages, which estimated a net profit of ₹5,797 crore. Sequentially, though,
Axis Bank Q1 Net Profit spurts to ₹6,035 crore Read More »
Petronet LNG Limited reported a consolidated net profit of ₹1,100.76 crore for the first quarter of the financial year 2024-25, marking a 34% increase compared to ₹819.28 crore in the same period last year. The significant profit growth was also reflected in a nearly 50% rise from the previous quarter’s ₹734.07 crore. The company’s revenue
Petronet LNG Q1 Net Profit Surges 34% to ₹1,100 Crore, Revenue Climbs Read More »
For the quarter ended April-June of fiscal year 2025, Kotak Mahindra Bank reported an 81% rise in net profit to Rs 6,250 crore, from Rs 3,452 crore in the same quarter last year. This was helped by a Rs 3,012 crore gain on account of the sale of its stake in Kotak General Insurance to
Kotak Mahindra Q1 Profit Soars 81% to Rs 6,250 Crore on Insurance Stake Sale Read More »
HDFC Bank reported a year-on-year increase of 35.3% in profit after tax (PAT) to Rs 16,174.75 crore for the first quarter of the current financial year. But on a quarterly basis, the bank’s net profit dropped 2.1%. The bank’s gross NPA ratio increased to 1.33% as of June 30 from 1.24% in the previous quarter
HDFC Bank Q1 profit rises 35% to ₹16,174.75 crore, NPAs Increases Read More »
RBL Bank reports a 29% increase in Q1 net profit to Rs 372 crore and an improvement in asset quality. RBL Bank reported a 29% increase in net profit for the April-June quarter of fiscal 2025 at Rs 372 crore as against Rs 288 crore a year ago. The asset quality of the bank witnessed
RBL Bank Reports 29% Increase in Q1 Net Profit to Rs 372 Crore, Asset Quality Improves Read More »
Paytm, operated by One 97 Communications Ltd, reported a wider net loss of Rs 839 crore for the first quarter of FY25, compared to Rs 357 crore in the same period last year. The company’s revenue from operations fell by 36% to Rs 1,502 crore from Rs 2,342 crore a year ago, primarily due to
Paytm Reports Increased Net Loss and Decline in Revenue for Q1FY25 Read More »
Bajaj Auto, a major player in the two-wheeler market, reported a consolidated net profit of Rs 1,942 crore for the quarter ending June 30, 2024. This marks an 18% increase from the Rs 1,644 crore reported during the same period last year. The company’s revenue from operations for this quarter rose to Rs 11,932 crore,
Bajaj Auto Q1 Results: Net Profit Jumps 18% to Rs 1,942 Crore, Revenue Grows 16% Read More »
In the first quarter of the fiscal year 2025, HDFC Life Insurance reported a net profit of Rs 479 crore, marking a 15% increase compared to the same period last year. This growth was driven by a substantial rise in both first-year and renewal premiums. The net profit figures aligned with market expectations, as a
