Q2 Results Live: Can Fin Homes Net Profit And NII Rise 19%
Can Fin Homes Q2 Highlights (YoY)
Net Profit up 19% at Rs 251 crore versus Rs 211 crore
NII up 19% At Rs 404 crore versus Rs 339 crore
Q2 Results Live: Jammu & Kashmir Bank
J&K Bank Q2 Highlights (QoQ)
Net NPA at 0.76% versus 0.82%
Gross NPA at 3.32% versus 3.50%
Q2 Results Live: Jammu & Kashmir Bank Reports Flat NII, Dip In Profit
J&K Bank Q2 Highlights (YoY)
NII flat at Rs 1,434 crore
Operating Profit down 21% at Rs 623 crore versus Rs 787 crore
Net Profit down 10.3% at Rs 494 crore versus Rs 551 crore
Q2 Results Live: RBL Bank Confirms Majority Stake Sale
Newsbreak Confirmed: Dubai's State-Owned Bank To Buy RBL Stake For Rs 26,853 Crore.
RBL Bank Ltd. approved raising up to Rs 26,853 crore via a primary stake sale to Dubai's state-owned lender Emirates NBD Bank, according to a regulatory filing on Saturday.
Click here to read more
Q2 Results Live: RBL Bank Confirms Fundraise From Dubai-Based Lender
Emirates NBD is set to buy a controlling stake in RBL Bank. (Click Here for more details). The Bank confirmed through an exchange filing on Saturday, along with its Q1 results.
The bank has approved fund raise of up to Rs 26,853 crore from Emirates NBD, along with Preferential Issue of shares on private placement basis from Emirates NBD, as per the filing.
Q2 Results Live: RBL Bank Net Profit Slips 20%
RBL Bank Q2 Highlights (YoY)
Net Profit down 20% at Rs 178 crore versus Rs 222 crore
Net interest income down 4% at Rs 1551 crore versus Rs 1615 crore
Other income up 1% at Rs 932 crore versus Rs 927 crore
Provisions down 19% at Rs 499 crore versus Rs 618 crore
Q2 Results Live: HDFC Management Does Not See Any Layoffs Due To AI
HDFC Bank Management says:
Will not have any layoffs due to AI leverages
Will want a lot more people on the front end to engage with customers
AI is being used only for process re-engineering and simplifying processes
AI will help us free up a fair amount of capacity to be released to the front-end from the back-end
Reasonably optimistic that low-hanging fruits of AI-centric experiments should work out for us
(Source: Post Earnings Conference Call)
Q2 Results Live: HDFC Bank Media Call
HDFC Bank CEO Sashidhar Jagdishan and Management Say —
Will grow faster than the industry growth rate in FY27
Will grow in line with the system in FY26
Strategic direction continues to be in play
Loan growth will be in line with system in current fiscal
Investments ongoing for branches, people and technology
Q2 Results Live: IDFC First Bank Gross NPA Declines
IDFC First Bank Q2 Highlights (QoQ)
Gross NPA at 1.86% versus 1.97%
Net NPA at 0.52% versus 0.55%
Q2 Results Live: IDFC First Bank Net Profit Soars 75.5%
IDFC First Bank Q2 Highlights (YoY)
Net Profit up 75.5% at Rs 352 crore versus Rs 201 crore (YoY)
Operating Profit down 4% at Rs 1,880 crore versus Rs 1,962 crore (YoY)
NII up 7% at Rs 5,113 crore versus Rs 4,788 crore (YoY)
Q2 Results Live: ICICI Bank Post Earnings Conference Call
Sandeep Batra, ED, ICICI Bank says —
Expect the current economic momentum to continue
Policy measures have resulted in better momentum
Q2 Results Live: ICICI Bank ED Sees Microfinance Sector Improving
(Source: Post Earnings Conference Call)
Sees microfinance sector improving in general
Quite prepared for the transition to expected credit loss framework
Been in talks with RBI about the new framework
Don't believe this framework will affect our balance sheet materially
Q2 Results Live: ICICI Bank Post Earnings Conference Call
Sandeep Batra, ED, ICICI Bank says —
NIM 4.32% va 4.34%
NIM likely to remain range-bound
Competitive pressures and monetary policy impact remain
Have to look at overall relationship with the customer
Q2 Results Live: Corporate Portfolio Growing Rate Slightly Low, Says ICICI Bank ED
Sandeep Batra, ED, ICICI Bank says —
Our strategy continues to be on growing profit before tax
Corporate portfolio growing at a slightly lower rate
Given all policy measures in place, expect second half of the year to be better
(Source post-earnings con-call)
Q2 Results Live: Jaiprakash Power Ventures Sees Flat Net Profit, Revenue Rises
Jaiprakash Power Ventures Q2 Highlights (Cons. YoY)
Net Profit flat at Rs 182 crore
Revenue up 17.3% at Rs 1,438 Cr versus Rs 1,226 crore
Margin At 32.7% versus 31.5%
Ebitda up 21.8% at Rs 471 crore versus Rs 386 crore
Q2 Results Live: SML Isuzu Net Profit Down
SML Isuzu Q2 Highlights (YoY)
Revenue up 1% at Rs 555 crore versus Rs 550 crore
Ebitda declines 6.4% at Rs 41.9 Cr Vs Rs 44.8 crore
Margin at 7.6% Vs 8.1%
Net Profit down 4.5% at Rs 21 crore Vs Rs 22 crore
Q2 Results Live: UTI AMC Net Profit Declines 52.3%
Net Profit down 52.3% at 113 crore versus Rs 237 crore
Total income down 23.3% At Rs 421 crore versus Rs 549 crore
Q2 Results Live: Anand Rathi Share And Stock Brokers Net Profit Rises 24%
Anand Rathi Share Q2 Highlights (Cons QoQ)
Net Profit up 24% at 22.8 crore versus Rs 18.4 crore
Total income up 0.8% At Rs 202 crore versus Rs 200 crore
Q2 Results Live: IndusInd Bank CEO Says Investigations By Law Enforcement Agencies On-Going Process
Rajiv Anand, MD and CEO IndusInd Bank says —
As a bank continue to work with law enforcement agencies on issues identified already
Investigations by these agencies is an ongoing process
In March what you saw were recognition of the problems in the past
The current provisions are aimed at strengthening the balance sheet further
(Source post-earnings conference call)
Q2 Results Live: IndusInd Bank Post Earnings Con Call
Rajiv Anand, MD and CEO IndusInd Bank says —
Provisions increased 872 crore Qoq
Have written off 1940 crore worth Microfinance bad loans
Tightened underwriting and controls on Microfinance
Anticipate that in 4-6 months growth should normalise
Auditors of Microfinance subsidiary have identified certain inappropriate payments to collection agents
Impact of these governance concerns are negligible the bank’s financials
Q2 Results Live: IndusInd Bank CEO Sees Huge Opportunities To Grow Retail Businesses
Rajiv Anand, MD and CEO IndusInd Bank says —
See huge opportunities to grow retail businesses
Unsecured segments too poised for growth
Aim to accelerate retailisation journey further
Bank has a strong capital and liquidity position
Aim to build growth momentum in retail, vehicle and profitable corporate lending
(Source post-earnings con-call)
Q2 Results Live: IndusInd Bank Con Call; MD Calls Vehicle Finance 'Key Pillar'
Rajiv Anand, MD and CEO IndusInd Bank Says —
Vehicle finance is a key pillar of the bank
Business will be further enhanced with investments in distribution
Tighter provisioning and write off norms will impact microfinance business
It will remain an integral part of the bank’s business
Q2 Results Live: IndusInd Bank Con Call, CEO Expects More Senior Leaders To Join
Rajiv Anand, MD and CEO IndusInd Bank says:
Expect more senior leaders joining in the upcoming months
Numbers impacted due to Microfinance business and lack of treasury gains
Core PPOP remained stable QoQ despite lower disbursements in vehicle and Microfinance business
Q2 Results Live: IndusInd Bank Con Call; MD Says Asset Quality Remained Steady
Rajiv Anand, MD and CEO IndusInd Bank says:
Corporate and retail disbursements remained steady
Asset quality remained steady except in microfinance
Took accelerated provisions against microfinance slippages
let go of wholesale deposits and were cautious on Microfinance disbursements
Q2 Results Live: IndusInd Bank Swings To Loss
IndusInd Bank Q2 Highlights (YoY)
Net interest income down 18% at Rs 4409 crore versus Rs 5347 crore
Other income down 24% at Rs 1651 crore versus Rs 2184 crore
Provisions up 45% at Rs 2631 crore versus Rs 1820 crore
Net Loss at Rs 436 crore versus Net Profit of Rs 1331 crore
Q2 Results Live: IDBI Bank Advances Rise 15%
IDBI Bank Q2 Highlights (YoY)
Deposits up 9% at Rs 3.03 lakh crore
Advances up 15% at Rs 2.30 lakh crore
ROA up 158 basis points at 3.55%
NIM up 3 basis points at 3.71% (down 116 bps YoY)
Q2 Results Live: IDBI Bank Gross NPA Declines
IDBI Bank Q2 Highlights (QoQ)
Net NPA Flat At 0.21%
Gross NPA At 2.65% versus 2.93%
Q2 Results Live: ICICI Bank Advances Up 10.27%
ICICI Bank Q2 Highlights (YoY)
Advances up 10.27% at Rs 14.08 lakh crore
Total Deposits up 7.7% at Rs 16.12 lakh crore
Q2 Results Live: IDBI Bank Profit Almost Doubles, NII Down
IDBI Bank Q2 Highlights (YoY)
Net Profit up 98% At Rs 3,627 crore versus Rs 1,836 crore
NII down 15% At Rs 3,285 crore versus Rs 3,875 crore
Operating Profit up 17% At Rs 3,523 crore versus Rs 3,006 crore
Q2 Results Live: ICICI Bank Other Income Up 6%
ICICI Bank Q2 Highlights (YoY)
Other Income up 6% to Rs 7,576 crore versus Rs 7,177 crore.
Operating Profit up 3% to Rs 17,298crore versus Rs 16,723 crore.
Advances up 10.27% at Rs 14.08 lakh crore
Total Deposits up 7.7% at Rs 16.12 lakh crore
Q2 Results Live: ICICI Bank Profit Rises 5%
ICICI Bank Q2 Highlights (YoY)
Net Profit up 5% to Rs 12,359 crore versus Rs 11,746 crore
Net Interest Income rises 7% 21,529 crore versus Rs 20,048 crore
Q2 Results Live: HDFC Bank Total Deposits Up 12%
HDFC Bank Q2 Highlights (YoY)
Total deposits up 12% at Rs 28 lakh crore
Gross advances up 9.9% at Rs 27.7 lakh crore
Q2 Results Live: Yes Bank Media Call
Exploring all options to grow wealth management
Most retail growth coming out in industry is from home and car loans
Hopeful of seeing better performance on the retail side in H2
Q2 Results Live: Yes Bank Media Call
Provisions rose in Q2 on lower writeback from previous quarters
Need to improve revenue margins in long term
If loan growth momentum continues, QoQ credit growth should not be an issue
No major change in business strategy post SMBC acquisition
Q2 Results Live: UltraTech Profit Surges 75%
Ultratech Cement Q2 Highlights (YoY)
Revenue up 20.3% to Rs 19,606.93 crore versus Rs 16,294.42 crore.
Ebitda up 52.6% to Rs 3,094.34 crore versus Rs 2,027.18 crore.
Margin at 15.8% versus 12.4%.
Net Profit up 75% to Rs 1,231.58 crore versus Rs 702.82 crore.
Q2 Results Live: HDFC Bank Asset Quality Improves
HDFC Bank Q2 Highlights (QoQ).
Gross NPA Ratio at 1.24% versus 1.4%, down 16 bps
Net NPA Ratio at 0.42% versus 0.47%, down 5 bps
Q2 Results Live: HDFC Bank Profit Up 11%
HDFC Bank Q2 Highlights (YoY)
Net Interest Income (NII) up 5% to Rs 31,552 crore versus Rs 30,114 crore.
Other Income up 25% to Rs 14,350 crore versus Rs 11,483 crore.
Operating Profit up 13% to Rs 27,924 crore versus Rs 24,706 crore.
Provisions up 30% to Rs 3,501 crore versus Rs 2,700 crore.
Profit After Tax (PAT) up 11% to Rs 18,641 crore versus Rs 16,821 crore.
Q2 Results Live: Punjab National Bank Profit Rises
Punjab National Bank Q2 Highlights (YoY)
Net Interest Income AT Rs 10,469 crore versus Rs 10,517 crore, flat
Other Income at Rs 4,342 crore compared to Rs 4,572 crore, down 5%
Provisions at Rs 643 crore versus Rs 288 crore, up 123%
Net Profit at Rs 4,903 crore versus Rs 4,303 crore, up 14%
Q2 Results Live: A Closer Look At Axis Bank
For IndusInd Bank this quarter might prove to be the start of a new era as well. Former Axis Bank top executive, Rajiv Anand, took over as CEO of the bank in the middle of the second quarter. This will be the first quarterly result Anand announces at the bank.
The broad expectation is that the January-March period was the clean-up quarter, with June quarter seeing a period of consolidation. Under Anand, we could expect the bank move toward a growth path again. Net profit will likely be up modestly on a sequential basis, with credit costs inching lower.
Q2 Results Live: RBL Bank Expectations
A large capital infusion alongside stable results could prove to be the gamechanger that RBL Bank needs. Over the last one year, the stock has been quietly rising in anticipation that change is just around the corner. In the past year, the RBL Bank stock is up nearly 50%.
RBL Bank is estimated to report a slightly lower net profit for the quarter, while its net interest margin may expand nominally by 5 basis points to 4.55%. General banker commentary seems to suggest that credit card slippages are largely under control, which will prove to be a booster shot for RBL Bank.
Q2 Results Live: Yes Bank Asset Quality
YES Bank Q2 Highlights (QoQ)
Gross NPA flat at 1.6%.
Net NPA flat at 0.3%.
Q2 Results Live: Yes Bank Profit Up 18%
YES Bank Q2 Highlights (YoY)
Net Interest Income (NII) up 5% to Rs 2,301 crore versus Rs 2,200 crore.
Operating Profit up 33% to Rs 1,297 crore versus Rs 975 crore.
Provisions up 41% to Rs 419 crore versus Rs 297 crore.
Net Profit up 18.3% to Rs 654 crore versus Rs 553 crore.
Q2 Results Live: IndusInd Bank Earnings Estimates
IndusInd Bank is estimated to report a Net Interest Income or NII of Rs 4,436.65 crore with a Net Interest Margin (NIM) of 3.95%.
The bank's asset quality profile is seen at 3.8% GNPA. The bank is expected to report the NNPA at 1.2%.
Q2 Results Live: Federal Bank Asset Quality
Federal Bank Q2 (Standalone, QoQ)
Return on Assets at 0.27% vs 0.25%, up 2bps
GNPA at Rs 4532 crore Rs 4,669 crore, down 3%
NNPA at Rs 1,165 crore versus Rs 1,157 crore, up 1%
Gross NPA ratio at 1.83% versus 1.91%, down 8bps
Net NPA ratio at 0.48% vs 0.48%, flat
Q2 Results Live: Federal Bank Profit Down Nearly 10%
Federal Bank Q2 (Standalone, YoY)
Interest expense at Rs 4,247 crore versus Rs 4,210 crore up 1%
Net interest income at Rs 2,495 cr versus Rs 2, 367, up 5%
Other income at Rs 1,082 crore versus Rs 963 crore, up 12%
Operating profit at Rs 1,644 crore versus Rs 1,565 crore, up 5%
Provisions at Rs 363 crore versus Rs 158 crore
Profit after tax at Rs 955 crore versus Rs 1,056 crore, down 10%
Q2 Results Live: Avantel Revenue Falls 28.4%
Avantel Q2 Highlights (Consolidated, YoY)
Revenue down 28.4% at Rs 55.4 crore versus Rs 77.4 crore.
Ebitda down 67.4% at Rs 11.3 crore versus Rs 34.7 crore.
Margin at 20.4% versus 44.8%.
Net Profit down 81.4% at Rs 4.3 crore versus Rs 22.9 crore.
Q2 Results Live: HDFC Bank Shares Ahead Of Results
The shares of HDFC Bank closed in the green on Friday ahead of posting results. The scrip closed 0.63% higher at Rs 1000.6 piece on the NSE.
These gains compare to a 0.49% advance in the Nifty 50 at close on Friday.
Q2 Results Live: UTI Asset Management Earnings Estimates
UTI Asset Management Company or UTI AMC is likely to report robust figures, including a net profit of Rs 839 crore on a revenue of Rs 1,894.1 crore for the same period.
This indicates a strong operating margin of 51.3%, according to Bloomberg analyst estimates
Q2 Results Live: Ultratech Earnings Estimate
UltraTech Cement, a major player in the cement industry, is estimated to report a net profit of Rs 1,455.5 crore on a total revenue of Rs 18,527.1 crore for the recent quarter, with Ebitda reaching Rs 3,285.5 crore.
Q2 Results Live: Punjab National Bank Corporate Lending In Focus
At Punjab National Bank, the double digit credit and deposit growth will be key earnings drivers.
Commentary around festive season growth triggers and corporate lending will also be things to monitor.
Q2 Results Live: All Eyes On ICICI Bank's Corporate Loan Growth
ICICI Bank is estimated to see its margins improve owing to strong performance on the low cost deposit front. This quarter may see return on assets being weighed down by lack of large treasury gains. Net profit however is estimated to largely remain flat.
We will be keenly watching out for corporate loan growth, even as retail loans still await the full benefit of GST rate cuts coupled with lower lending rates.
Q2 Results Live: HDFC Bank's No Noise Quarter
India's largest private bank, HDFC Bank, will likely have a no-noise quarter, with margin movement being the key focus area. While margins are expected to moderate about 11 basis points sequentially, the profit growth is estimated to remain largely flat.
With the provisional figures already released, gross advances are expected to grow a shade under 10%, while deposits should rise by 12% from a year ago.
Q2 Results Live: Banking Sector In Focus
Hello and welcome to NDTV Profit's live coverage of the first-quarter earnings season. The financial landscape is buzzing today, as various players are set to announce their performance for the second quarter.
Today promises to be an exciting day of results as giants in the banking sector, HDFC Bank, ICICI Bank and PNB along with others are set to announce results.
This is your front-row seat to the earnings action, so stay with us for real-time updates, analysis of the numbers, and all the key details that companies will be putting out through the day!
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