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Q3 Results LIVE: Yes Bank Profit Rises 55%, RBL Bank Profit Surges Sixfold

Q3 Results LIVE: Yes Bank Profit Rises 55%, RBL Bank Profit Surges Sixfold
21 minutes ago

The earnings season remains in full swing as the weekend sets in.

HDFC Bank, ICICI Bank, Yes Bank, IDBI Bank, UCO Bank, JK Cement, RBL Bank, Punjab and Sind Bank, Netweb Technologies, Prataap Snacks and Can Fin Homes are among the companies scheduled to announce their December-quarter results on Saturday.

Meanwhile, several companies reported earnings after market hours on Friday, including Reliance Industries, JB Chemicals, L&T Finance, Indosolar, Bajaj Healthcare, SML Isuzu, Sobha, JSW Infrastructure, Poonawalla Fincorp, Jindal SAW, Tata Technologies, Himadri Specialty Chemical, Tech Mahindra and Wipro.

Stay tuned for LIVE updates on earnings, management commentary and key takeaways.

Q3 Results LIVE: Yes Bank Profit Rises 55%

Yes Bank Q3 Highlights (YoY)

  • Profit up 55.4% at Rs 952 crore versus Rs 612 crore
  • NII up 11% at Rs 2,466 crore versus Rs 2,224 crore
  • Provisions down 91.5% at Rs 21.9 crore versus Rs 259 crore
  • Net NPA flat at 0.3% (QoQ)
  • Gross NPA at 1.5% versus 1.6% (QoQ)

Q3 Results LIVE: RBL Bank Profit Surges Sixfold

RBL Bank Q3 Highlights (YoY)

  • Profit at Rs 214 crore versus Rs 32.6 crore
  • NII up 4.6% at Rs 1,657 crore versus Rs 1,585 crore
  • Provisions up 28% at Rs 639 crore versus Rs 500 crore
  • Net NPA at 0.55% versus 0.57% (QoQ)
  • Gross NPA at 1.88% versus 2.32% (QoQ)

Q3 Results LIVE: ICICI Bank's Estimated Earnings

ICICI Bank's third‑quarter estimates indicate net interest income of Rs 22,212 crore, up 9% from Rs 20,371 crore a year ago. Its net interest margin is projected at 4.29%, an improvement of 4 basis points compared to 4.25% last year. Standalone net profit is expected at Rs 12,391 crore, rising 5% from Rs 11,792 crore a year earlier. Operating profit is forecast at Rs 18,105 crore versus Rs 16,887 crore, reflecting 7.2% growth. Gross NPA is set to rise to 1.65% from 1.58% last quarter.

Source: Bloomberg estimates

Q3 Results LIVE: Morgan Stanley On Reliance Results

Morgan Stanley maintained its Overweight rating on the stock with a target price of Rs 1,847, calling the results broadly in line, though with misses on quality. The brokerage flagged weak earnings quality, especially in retail, but said this was a “clearing event” and largely priced in. It added that catalysts in energy and artificial intelligence outweigh near-term volatility in retail growth. Morgan Stanley highlighted new energy execution and refining as positives, while pointing to weaker retail top-line growth and a rise in consolidated unallocated costs as negatives. Performance in digital, upstream oil, and oil-to-chemicals was in line with expectations.

Q3 Results LIVE: List Of Companies Declaring Results Today

  • BLB Ltd.
  • Can Fin Homes Ltd.
  • HDFC Bank Ltd.
  • ICICI Bank Ltd.
  • IDBI Bank Ltd.
  • Jayaswal NECO Industries Ltd.
  • JK Cement Ltd.
  • Meyer Apparel Ltd.
  • Netweb Technologies India Ltd.
  • Nitin Castings Ltd.
  • Nureca Ltd.
  • Oswal Yarns Ltd.
  • PNB Gilts Ltd.
  • Punjab & Sind Bank
  • RBL Bank Ltd.
  • RCI Industries & Technologies Ltd.
  • Rossari Biotech Ltd.
  • Swadha Nature Ltd.
  • Trident Lifeline Ltd.
  • UCO Bank
  • Viram Suvarn Ltd.
  • Yes Bank Ltd.

Q3 Results LIVE: How Is HDFC Bank Expected To Fare?

HDFC Bank is expected to post net interest income of Rs 32,857 crore for the third quarter, an increase of about 7.36% compared to Rs 30,605 crore a year earlier. Its net interest margin is estimated at 3.38%, a slight reduction of around 5 basis points from 3.43% last year. The bank's projected standalone net profit stands at Rs 18,368 crore, marking 9.8% growth over Rs 16,736 crore in the previous year. Operating profit is expected to rise to Rs 27,736 crore from Rs 25,000 crore, an increase of 11%. Gross non-performing asset (NPA) is seen at 1.26% versus 1.24% in the previous quarter.

Source: Bloomberg estimates

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