Non-bank lender Piramal Finance on Monday reported a 67 per cent jump in net profit to Rs 545 crore for the September quarter, helped by core income growth and improvements in costs. The company's core net interest income grew 35 per cent to Rs 1,530 crore due to a 24 per cent growth in assets under management and a 0.35 per cent expansion in net income margin to 6.5 per cent. The cost-to-income ratio improved sharply to 52.1 per cent during the reporting quarter from 61.2 per cent, helping the bottom line. Stressing that the company is uniquely positioned in the NBFC universe, as it does not see a threat to margins amid the rising interest rate environment, its Managing Director and Chief Executive Jairam Sridharan exuded confidence that it will be able to expand NIMs by up to 0.20 per cent over the next year. When asked how such a feat will be possible despite rising rates, which increase an NBFC's borrowing costs, Sridharan explained that the rating upgrade it received recently
Punjab & Sind Bank on Saturday reported a 40 per cent jump in net profit to Rs 412 crore for the second quarter ended September 30, helped by improved core income and reduction in bad assets. The public sector lender posted a net profit of Rs 295 crore in the same period of the previous fiscal. The bank's total income increased to Rs 3,747 crore in the second quarter from Rs 3,373 crore a year ago, Punjab & Sind Bank said in a regulatory filing. Interest income rose to Rs 3,394 crore in the September quarter of FY27 from Rs 2,999 crore in the year-ago period. During the quarter, net interest income rose 22 per cent to Rs 1,162 crore against Rs 950 crore in the second quarter of the last financial year. Net Interest Income of the bank improved to 2.65 per cent from 2.56 per cent at the end of September 2025. Cost-to-income ratio reduced to 29.19 per cent compared to 61.87 per cent in the year-ago period. The bank's operating profit also increased to Rs 617 crore from Rs 505 ...
The NBFC reported 24% growth in net interest income and a 26% rise in assets under management to Rs 5.85 trillion, while loan losses and provisions increased 4% year-on-year
Net sales rose 18.9 per cent to ₹23,024 crore and domestic grey-cement volumes grew 13.8%, while PBIDT increased 17.3% to ₹3,832 crore on year in Q2FY27
DLF's Q2 pre-sales beat estimates, but with just Rs 4,460 crore booked in H1FY27, timely launches in Mumbai and Gurugram will be crucial to meeting its annual guidance
L&T Technology Services reported 12.1% revenue growth to Rs 3,040 crore in Q2FY27, while net profit included a one-time gain of Rs 165 crore and large deal wins topped $200 million
Just Dial Ltd, a leading local search engine, has reported a decline of 9.73 per cent in its consolidated net profit to Rs 107.8 crore in the September quarter of FY27, on a year-on-year basis. It had posted a net profit of Rs 119.44 crore in the July-September quarter a year ago, according to a regulatory filing. However, Just Dial's revenue from operations was up 13.11 per cent in the September quarter at Rs 342.82 crore, compared to Rs 303.07 crore in the corresponding quarter a year ago. Just Dial's total expenses stood at Rs 262.81 crore, up 14.6 per cent YoY in the September quarter. The company, owned by Reliance Retail Ventures, the retail arm of billionaire Mukesh Ambani-led Reliance Industries Ltd, reported a 5.6 per cent rise in total income to Rs 397.38 crore in the second quarter of FY27. Share of Just Dial Ltd on Monday settled 2.82 per cent higher at Rs 732.55 apiece on the BSE.
State-owned Ireda has posted a marginal rise in its standalone net profit to Rs 554 crore for the September quarter, the company said on Monday. It earned a net profit of Rs 549 crore in the second quarter of the preceding financial year, the Indian Renewable Energy Development Agency (Ireda) said in a statement. In July-September, the company's revenue from operations rose 14 per cent to Rs 2,345 crore from Rs 2,057 crore a year ago. Loan disbursement increased 31 per cent to Rs 10,579 crore against Rs 8,062 crore in the year-ago quarter. Loan book grew 15 per cent to Rs 97,411 crore from Rs 84,477 crore in Q2 FY26. The company's net worth grew 11 per cent to Rs 14,337 crore during the quarter compared to Rs 12,920 crore a year earlier. "Our Q2 FY27 performance reflects the continued strength of Ireda's business fundamentals and focus on quality growth. 31 per cent rise in loan disbursements, along with 15 per cent growth in the loan book, underscores the sustained demand for ..
The Bengaluru-based developer reported a 31.3% decline in Q2 revenue to Rs 967.06 crore, while first-half sales grew 47.2% and collections increased 4.8% year-on-year
Sensex Today | Stock Market Close Monday: In the broader markets, Nifty Midcap 100 and Nifty Smallcap 100 indices settled lower by 1.09 per cent and 1.01 per cent, respectively.
UltraTech Cement on Monday reported a 21.3% surge in Q2 consolidated net profit, backed by 18.8% growth in revenue from operations.
Share price of Jana Small Finance Bank slumped 14% to ₹424.30 on the BSE in Monday's intraday deals amid reports that Federal Bank was not in active talks for a stake buy.
Domestic telecom gear maker HFCL has posted a multi-fold jump in consolidated profit to Rs 394.22 crore in the second quarter ended September 30, 2026, driven by demand for optical fibre cables from AI data centres, the company said in a regulatory filing. HFCL had posted net profit of around Rs 72 crore in the same period a year ago. "This is the best-ever quarterly performance in HFCL's history and marks a defining moment in our growth journey. The results reflect the increasing scale, strength and momentum of our business and reinforce our confidence in HFCL's ability to deliver sustained growth and create enduring value for stakeholders," HFCL managing director, Mahendra Nahata, said in a statement. The company has forecasted 80 per cent revenue growth in the current fiscal over financial year (FY) 2026 and expects to achieve the Rs 10,000 crore revenue mark before projected timeline of FY29. HFCL's consolidated revenue from operations more than doubled to Rs 2,541.79 crore dur
So far this year, Union Bank of India's stock has risen 17 per cent, and 32 per cent in a year.
Till 01:03 PM on Monday, a combined 13.86 million shares representing 21% of Kross' total equity changed hands on the NSE and BSE.
HFCL's consolidated profit after tax (PAT) reached ₹394.22 crore in Q2FY27, registering a growth of 448.14 per cent Y-o-Y.
Laurus Labs Q2 outlook: On the EBITDA front, analysts at Kotak Institutional Equities build in 67% YoY growth to ₹680 crore in Q2FY27 with EBITDA margin expansion of 680 bps to 31.2%.
Cyient DLM's share price dropped 13% on Monday's trade. Analysts reckon Q2 was a transitory modest quarter while the business seems well-poised for multi-year strong growth phase.
Ixigo delivered an all-time high consolidated PAT of ₹63.42 crore in Q2 FY27, aided by partial sale of stake in Freshbus.
Urban Company's consolidated net loss widened to ₹182.48 crore in the July-September quarter of FY27. The company had posted a net loss of ₹59.33 crore in the year-ago period.