Profit for the quarter at Rs 107 cr versus Rs 239 cr a year ago; net interest income up by just 4.7%
Better margin, higher interest income drive earnings growth
Provisions quadruple as asset quality deteriorates sharply
Revenues down 7% at Rs 118 cr even as company is in a slew of legal battles with creditors to its group company - Kingfisher Airlines
Provisions quadruple as asset quality deteriorates sharply
Volume of mass brands drops 7%, revenues dip 8%
The underrecovery on diesel that the oil marketing companies are suffering is Rs 9.58 a litre
Consolidated total income of the company, however, rose to Rs 896 cr
Total income registers growth of 8% to Rs 4,078 cr
Bank posts Rs 400 cr profit, net interest income jumps 55%
Loss on forex transactions, higher borrowing cost impact earnings
Provisioning surges as asset quality dips, loan growth disappoints; analysts likely to cut year's earnings estimates
Beats Street estimates despite sluggish performance in home market
Total income during the quarter under review rises 25% to Rs 603 cr
Company posted a net profit of Rs 3 cr in the same period of previous fiscal
Operating income rises 27.6% to Rs 1,914 crore
Company's revenues drop by 14% to Rs 933 cr as against Rs 1,087 cr in same period last year
Operating profit in the quarter almost halved to Rs 41 crore
Also, a significant contraction in the unrealised loss of the company supported the bottomline
However, total income increased 9% to Rs 297 cr