Sunil Mehta to step down as chairman and director
JSW Steel's Q3FY26 net profit jumped nearly three-fold to ₹2,139 crore, driven by a one-time tax gain from the Bhushan Power-JFE Steel joint venture
Coforge CEO Sudhir Singh says Advent International's board entry and the Encora acquisition will open new growth channels as deal momentum and AI-led demand stay strong
Non-bank lender Piramal Finance on Friday reported that its net profit for the December quarter zoomed to Rs 401 crore from Rs 39 crore in the year-ago period. The company's managing director and chief executive, Jairam Sridharan, attributed the profit growth to a combination of factors, including growth in assets under management, expansion in net interest margins, control over operating expenses and lower credit costs. Its AUM jumped by over 23 per cent during the quarter, NIMs expanded by 0.50 per cent to 6.30 per cent, operating expenses grew by just 4 per cent and the provisions were up 36 per cent, as per a statement. The core net interest income grew 31 per cent to Rs 1,227 crore, while the other income was up 23 per cent at Rs 252 crore for the reporting quarter. The return on AUM stands at 1.9 per cent at present, and the company is aiming to take it further up to 3 per cent over the medium term, Sridharan said, adding that NIMs will have to expand by 0.30 per cent more to
Indian Bank's Q3 FY26 profit rose 8% as strong RAM loan growth, steady CASA ratio and cautious pricing lifted margins, with MSMEs and retail driving advances
Private sector lender DCB Bank on Friday reported a 22 per cent jump in its net profit to Rs 185 crore for the December 2025 quarter. The city-based lender had reported a net profit of Rs 151 crore in the year-ago period. Its net interest income grew to Rs 625 crore from Rs 543 crore in the year-ago period, while the non-interest income grew to Rs 221 crore from Rs 184 crore. Overall provisions inched up to Rs 74 crore from Rs 67 crore in the year-ago period. From an asset quality perspective, its gross non-performing assets ratio improved to 2.72 per cent from 2.99 per cent a year ago. Overall capital adequacy stood at 15.84 per cent as of December 31, 2025, with the core buffer at 13.45 per cent. The bank's scrip closed 3.31 per cent down at Rs 182.60 apiece on the BSE on Friday, against a 0.94 per cent correction on the benchmark.
South-based Karur Vysya Bank on Friday reported a 39 per cent jump in net profit to Rs 690 crore for the third quarter ended December 2025. The old-age private sector lender had reported a net profit of Rs 496 crore in the year-ago period. Its core net interest income increased 14.62 per cent to Rs 1,239 crore against Rs 1,081 crore in the corresponding quarter of the previous year on the back of a 17 per cent jump in loans. It also recorded a 0.05 per cent compression in net interest margin at 3.99 per cent. From another income perspective, the commission and fee-based income improved 15.15 per cent to Rs 266 crore. The gross non-performing assets ratio improved 0.12 per cent year-on-year to 0.71 per cent of the overall advances. The bank's overall capital adequacy stood at 16.05 per cent as of December 31, with the core buffer at 15.06 per cent. Its board on Friday decided to reappoint chief executive and managing director B Ramesh Babu for two more years after the end of his
Brokerages, while trimming near-term estimates, remain broadly constructive on the airline's longer-term prospects, citing its scale advantage, balance-sheet strength and international expansion.
Bets on respiratory product launches and peptides for growth
Shriram Finance's Q3FY26 net profit fell 22% to ₹2,529.65 crore due to a high base last year, even as income, margins and AUM posted healthy growth
Fast-moving consumer goods company Godrej Consumer Products Ltd on Friday reported a marginal decline in its consolidated net profit at Rs 497.91 crore in the third quarter ended December 2026. It posted a net loss of Rs 498.31 crore in the October-December period a year ago, according to a regulatory filing from Godrej Consumer Products Ltd (GCPL). Revenue from sales of the Godrej group's FMCG arm was up 8.81 per cent at Rs 4,079.47 crore in the quarter under review. It was at Rs 3,749.11 crore in the corresponding quarter a year ago. Its revenue from operations was at Rs 4,099.12 crore in the latest third quarter, up 8.77 per cent from a year ago. GCPL's total expenses were at Rs 3,364.03 crore, up 6.3 per cent year-on-year. GCPL operates in soap, hair colourants, toiletries and liquid detergents and has a presence in several emerging markets. Revenue of GCPL from the Indian market, where it operates with brands such as Good Knight, Cinthol and HIT, was Rs 2,510.34 crore in the
Developer says Q3 sales dropped due to Dahlias pause, no new launches
BPCL reported a sharp rise in profit in Q3FY26 as revenue grew 7.1 per cent year on year to ₹1.36 trillion, while the board approved an interim dividend of ₹10 per share
IndusInd Bank reported a sharp fall in profit in Q3FY26 amid a decline in net interest income, while asset quality weakened with gross NPAs rising to 3.56 per cent
Including the tax cuts, average pan-India cement prices dropped 6 per cent on-year in the reported quarter, data from brokerage Ambit Capital showed
JSW Steel's Q3 crude steel production stood at 7.48 million tonnes, while saleable steel sales hit a record quarterly high of 7.64 million tonnes
The average trading volumes at the counter jumped over 7n-fold with as many as a combined 13.87 million equity shares representing 2.16% of Paytm's equity changing hands on the BSE and NSE, data shows
The total book size of the retail financier expanded by 20 per cent YoY to Rs 1,14,285 crore at the end of December 2025 from Rs 95,120 crore in Q3FY25
Cipla Q3 Results: The decline in Cipla's profit was primarily due to a production halt at the exclusive manufacturer of Lanreotide, the company's second-largest revenue-contributing tumour drug
Share price of Bluestone Jewellery and Lifestyle fell as much as 8.9 per cent to ₹430.10 on the NSE in Friday's trading session.