Page 289 - Company Results

Canara, UBI, Central Bank see 2-digit rise in net due to higher NII growth

NII of the lender grew 18.5 per cent year-on-year (YoY) to Rs 7,434 crore

ITC Q2 net profit rises 24% to Rs 4,619.77 crore; revenue up 24.4%

The company attributed the performance to strong and broad-based growth across markets and channels

RIL's telecom, retail biz to shine in Q2; O2C muted, say analysts

Volatile energy markets, windfall taxes to contribute to O2C weakness; company to report results on Friday

Bajaj Finance Q2 results: Net profit jumps 88% to Rs 2,781 crore

The company booked 6.76 million loans in Q2FY23, up 7 per cent YoY compared to 6.33 million loans booked in the year-ago period

L&T Finance Q2 results: Net profit rises 81% YoY on improved margins

Its capital adequacy was 22.65 per cent (Tier 1: 19.85 per cent) and Debt to Equity (D/E ratio) at 4.18 times in Q2FY23

ICICI Securities Q2 PAT down 14% to Rs 300 cr; total income up marginally

ICICI Securities reported a 14 per cent decline in profit after tax to Rs 300 crore in the three months ended September 2022

ITC's Q2 net profit up 21% at Rs 4,466 cr as cigarette, snacks sales rise

ITC's standalone revenue from operations rose 27% to Rs 17,160 crore in Q2FY23

IEX net profit falls 7% to Rs 71.20 crore in July-September quarter

Indian Energy Exchange (IEX) on Thursday reported nearly 7 per cent fall in its consolidated net profit at Rs 71.20 crore in September quarter compared to a year ago

Asian Paints Q2 results: Net profit rises 31% to Rs 783 cr, sales up 18.8%

The initial capacity to be set up would be 265,000 tonnes per annum. In addition, clinker grinding would be set up in India as well

Axis Bank's Q2 net profit jumps 70% to Rs 5,330 cr as provisions slide

The lender's net interest income rose 31% on an annual basis and 10% on a sequential basis

EPFO adds 1.69 mn new subscribers in August, a 14.4% rise YoY

Retirement fund body EPFO net added 16.94 lakh new subscribers in August 2022, registering a 14.4 per cent rise as compared to the year-ago period, according to official data

Tata Consumer Products Q2 profit rises 36% to Rs 389 cr; revenue up 11%

Tata Consumer Products Ltd (TCPL) on Thursday reported a 36.25 per cent rise in consolidated net profit at Rs 389.43 crore for the second quarter ended September 30, 2022

Top headlines: Axis Bank Q2 net jumps 70%; Bajaj Finance Q2 net surges 88%

Business Standard brings you top news of the evening

South Indian Bank posts profit in Q2 at Rs 223 cr; asset quality improves

South Indian Bank (SIB) on Thursday reported a net profit of Rs 223.10 crore for the quarter ended September 2022 as provisions for bad loans came down significantly

Colgate-Palmolive's India arm beats Q3 earnings estimates on price hikes

Sales increased nearly 3% to Rs 13.78 billion

Bajaj Finance beats estimates as Q2 net profit surges 88% to Rs 2,781 cr

The gross non-performing asset ratio, a measure of asset quality, eased to 1.17% at the end of September from 2.45% a year earlier

Nokia sees improved Q3 profit, higher sales on strong demand for 5G

Wireless and fixed-network equipment maker Nokia reported substantially improved third-quarter profits and higher sales on Thursday on the back of strong demand for 5G technology from operators

Paracetamol maker Granules India Q2 net profit jumps 80% to Rs 145 cr

Pharmaceutical company Granules India Ltd reported an 80% surge in quarterly profit on Thursday, boosted by higher sales of painkiller drug Paracetamol

Asian Paints' Q2 net profit rises 33% to Rs 804 cr; revenue up 19%

Asian Paints on Thursday reported 32.83 per cent rise in consolidated net profit at Rs 803.83 crore for the second quarter ended September 30, 2022 driven by robust sales

Porsche India reports 37% rise in sales to 193 units in third quarter

Luxury car maker Porsche India on Wednesday reported about 37 per cent rise in its sales to 193 units for the third quarter of 2022.