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Ujjivan SFB to raise Rs 409 crore from IFC, three insurersUjjivan Small Finance Bank plans to raise Rs 409 crore through a preferential share allotment to IFC and three insurers at Rs 64.73 per sha...
Shoppers Stop same-store sales growth slows on delayed festive seasonShoppers Stop reported a slowdown in second-quarter same-store sales growth as a delayed festive season weighed on store traffic, sending i...
Yes Bank Q2 preview: Will strong profit, NII growth offer relief for investors amid AT-1 bond saga?Yes Bank is expected to post a 48% YoY jump in Q2 net profit to Rs 969 crore, driven by robust loan growth and higher NII. However, investo...
ICICI Bank Q2 Results Preview: PAT, NII may rise up to 21% YoY; margins, deposit growth in focusICICI Bank is expected to report 15.8-18% year-on-year growth in net interest income and 15-21% growth in profit after tax in Q2FY27, accor...
Karur Vysya Bank shares rally 6% after Q2 profit jumps 37% YoYKarur Vysya Bank shares rose sharply after the private sector lender reported a 37% year-on-year rise in Q2FY27 net profit to Rs 788 crore....
Stocks in news: RIL, Wipro, Jio Financial, Tata Communications, YES Bank, PNBFrom a technical perspective, the 23,000–23,100 zone remains an immediate resistance level for the Nifty, according to Ponmudi R, CEO of En...
Banks defy Treasury drag, clock double-digit profit growth in July-Sept quarterIndian Bank, UCO Bank, South Indian Bank and Karur Vysya Bank reported double-digit Q2 profit growth, supported by core income and loan exp...
L&T Finance Q2 net profit rises 33% to Rs 975 croreL&T Finance reported a 33% increase in consolidated net profit for the quarter ending September 30, 2026. The company's consolidated loan b...
IIFL Finance Q2 profit nearly doubles to Rs 805 crore; AUM rises 38%IIFL Finance reported a significant increase in profit after tax for the quarter, rising to Rs 805 crore. This growth was attributed to str...
Myntra swings to net loss of Rs 579 crore in FY26, revenue drops 13%Myntra was the only profitable unit within the Flipkart group in FY25. The company saw a leadership change in 2026, when CEO Nandita Sinha ...
ICICI Lombard Q2 net profit growth 15.5%; Rs 7 dividend announcedICICI Lombard General Insurance achieved a net profit of ₹946 crore in the second quarter of FY2023, reflecting a 15.5% increase. The insur...
Canara Bank net profit up 8.4%, treasury losses weighCanara Bank experienced an 8.4% year-on-year increase in net profit, reaching ₹5,175 crore for Q2 FY27. The bank's improvement in asset qua...
HDB Financial Q2 profit climbs 34%, NIM improves year on year, eyes stronger disbursements in H2HDB Financial Services reported a 34% year-on-year increase in Q2FY27 net profit to Rs 780 crore, supported by higher net interest income, ...
Canara Bank Q2 profit rises 8% YoY to Rs 5,175 croreCanara Bank reported an 8.4% year-on-year rise in second-quarter net profit to Rs 5,175 crore, supported by higher net interest income and ...
HDB Financial Services Q2 Results: Net profit jumps 34% YoY to Rs 780 crore, revenue up 10%HDB Financial Services Q2 Results: HDB Financial Services reported a 34% year-on-year rise in Q2FY27 net profit to Rs 780 crore, while reve...
Canara Bank Q2 Results: Standalone net profit rises 8% YoY to Rs 5,175 crore, NII jumps 20%Canara Bank has announced a standalone net profit of approximately Rs 5,175 crore for the second quarter of FY27, reflecting a growth of ov...
Hardening bond yields to weigh on bank profits in September quarterFor the September quarter, Nifty 50 banks are forecasted to see an 11.5% rise in net interest income, yet net profits are expected to grow ...
Tata Elxsi Q2 Results: Profit rises 10% YoY to Rs 170 crore; revenue grows 15%Tata Elxsi reported a 10% year-on-year rise in net profit to Rs 170 crore in Q2, while revenue from operations grew 15% to Rs 1,056 crore. ...
Stocks in news: HCL Technologies, DMart, Adani Green Energy, PTC Industries and Anand Rathi WealthIndian equity markets showed a significant recovery driven by bargain buying and favorable global cues. The Nifty 50 and Sensex both closed...
Bank profits may rise 25% in Q2FY27, margins to recover gradually in second half: ReportAccording to a report by Emkay Research, Indian banks might report a 25.4 percent year-on-year increase in net profit. Higher foreign curre...