This is the first quarterly earnings report after its equity capital market listing in September 2024
The company, a unit of non-bank lender Bajaj Finance , reported its first quarterly earnings since its $782 million initial public offering in September that gathered strong investor interest
About 10 per cent of company's revenue comes from government subsidies on digital payments
Its revenue from operations was also down 2.09 per cent to Rs 3,087 crore during the quarter under review. It was at Rs 3,153 crore in the corresponding period of the previous fiscal year
Total income increased to Rs 3,098 crore during the quarter under review from Rs 2,674 crore a year earlier, Punjab & Sind Bank said in a regulatory filing
Total income increased to Rs 7,071 crore during the quarter under review from Rs 5,866 crore in the same period last year, UCO Bank said in a regulatory filing
The net interest income (NII) of the bank rose by 9 per cent in the reporting quarter to Rs 1,615 crore from Rs 1,475 crore
The private sector lender had reported a post-tax net profit of Rs 294 crore in the year-ago period, and Rs 372 crore in the preceding June quarter
The bank's gross non-performing assets was 1.36 per cent in Q2FY25, up from 1.33 per cent in Q1FY25
Other income or non-interest income went up to Rs 2,684.19 crore from Rs 2,314.53 crore. Fees and services for Q2FY25 increased to Rs 2,312 crore, up 14 per cent
Other income includes gain on sale of property of Rs 450.2 cr which comprises of freehold land and its related buildings along with the furniture & fixtures sold for a consideration of Rs 535 cr
Segment-wise, the company's real estate business generated revenue of Rs 1,276.14 crore, almost 94 per cent of its total revenue
The India foods business revenue grew over 28 per cent (plus 9 per cent excluding Capital Foods), and its value-added salt portfolio grew by 26 per cent, with rock salt registering record volumes
Management says demerger still under discussion, no timeline
The company's total expenses doubled to Rs 142 crore in the quarter under review, compared to Rs 71 crore
Warns on persisting headwinds; may calibrate growth; credit costs rise
The gross direct premium income (GDPI) rose 10.4 per cent Y-o-Y to Rs 6,721 crore from Rs 6,086 crore
Total income increased to Rs 694 crore as against Rs 608 crore in the same quarter a year ago, Jio Financial Services said in a regulatory filing
Revenue declines 18% due to 'muted advertising spending environment'
Hindustan Zinc Q2FY25 net profit rises 34.5% to Rs 2,327 crore