Sequentially, the net profit of the Delhi-based public lender jumped 8.3 per cent from Rs 1,159 crore reported in the 2022-23 January-March quarter
Guides for 29-31% growth in assets in FY24
Amitabh Chaudhry, managing director and chief executive officer, Axis Bank, mentioned that there is a visible improvement in the quality of the deposit franchise
With cash surplus of Rs 4980 crore, pharma major looking at inorganic opportunities
Misses estimates on revenue and net profit
Shree Cement lines up Rs 7,000 cr capex push
The company generated free cash flow of Rs 34.3 crore during the quarter ending June 30, 2023, the statement said
As compared to last quarter, the profit has slipped marginally by 1 per cent
Contract manufacturing services firm Syngene International on Wednesday said its consolidated net profit increased 26 per cent to Rs 93 crore in the June quarter
Cipla said that its key asset Lanreotide (hormonal drug) has improved its market share to 18 per cent. And, its focus continues on limited competition launches
Net sales growth of 10.8 per cent YoY at Rs 1,314.7 crore
The cash logistics segment continues its strong revenue growth of 24% over the same quarter of the previous fiscal, driven by new wins in door-step banking and cash in transit business, it said
Domestic sales grew 54% year-on-year owing to the pre-festive season demand, which picked up in consumer segments, the company said in a statement
Triveni Engineering & Industries Ltd -- which is into sugar, ethanol and engineering businesses -- has reported a marginal increase
The company's coffee business in Q1FY24 continued its strong performance with a revenue growth of 21% YoY
The company's revenues also trimmed to Rs 701.73 crore from Rs 743.42 crore in the year-ago quarter
Interest income on loan assets, which accounts for 94.4% of revenue from operations, rose nearly 13% to Rs 10,465 cr
Axis Bank's balance sheet grew 13% YOY and stood at Rs 1.3 trillion as on June 30
As compared to Rs 959.2 crore in the quarter that ended on March 31, the net profit was up 46%
Total income also fell to Rs 2,333.38 crore during June quarter 2023-24 from Rs 3,042.28 crore in the year-ago period