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Axis Bank, Hero MotoCorp to react to Q1 results

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Axis Bank's net profit jumped 95.42% to Rs 1370.08 crore on 21.79% rise in total income to Rs 19123.71 crore in Q1 June 2019 over Q1 June 2018. The result was announced after market hours yesterday, 30 July 2019.

Hero MotoCorp's consolidated net profit jumped 36.05% to Rs 1252.22 crore on 1.33% rise in total income to Rs 9155.87 crore in Q1 June 2019 over Q1 June 2018. The result was announced after market hours yesterday, 30 July 2019.

Tech Mahindra's consolidated net profit declined 15.29% to Rs 959.30 crore on 2.69% decline in net sales to Rs 8653 crore in Q1 June 2019 over Q4 March 2019. The result was announced after market hours yesterday, 30 July 2019.

Eicher Motors will announce Q1 June 2019 result today, 31 July 2019.

RBL Bank clarified after market hours yesterday, 30 July 2019 that the bank has exposures to certain operating entities of the Coffee Day Group in the logistics, coffee and real estate businesses. The credit facilities that are largely working capital in nature, are secured by primary securities, as well as some collaterals of land and marketable securities. All the loan accounts are standard and performing.

PNB Housing Finance's net profit rose 56.67% to Rs 368.25 crore on 42.52% rise in total income to Rs 2303.15 crore in Q1 June 2019 over Q1 June 2018. The result was announced after market hours yesterday, 30 July 2019.

Vaibhav Global's consolidated net profit rose 19.83% to Rs 36.01 crore on 12.59% rise in total income to Rs 443.68 crore in Q1 June 2019 over Q1 June 2018. The result was announced after market hours yesterday, 30 July 2019.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, July 31 2019. 08:50 IST
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