The vehicle finance major, provided Rs 562.6 crore towards Covid-19 related shocks
Profit before tax from gold loan and others grew 44.5 per cent to Rs 459.47 crore during the quarter, as compared to Rs 317.97 crore during same quarter a year ago
The net interest income (NII) of the bank for the quarter grew by about 34 per cent to Rs 1,680 crore, against Rs 1,258 crore in the corresponding quarter of the previous year
Revenue up 10%, firm claims it posted its best-ever quarterly performance in terms of value of real estate sold
Unlike its peers, ICICI Bank has been more watchful of the emerging situation
At the end of March quarter, the financial services arm had Rs 8,900 crore in the form of cash and undrawn bank lines but it has drawn down Rs 4,000 crore of long term bank lines since the beginning o
Fund house held sizeable market share in individual investors' segment
For the full year, net profit rose 43.91% to Rs 1244.82 crore in the year ended March 2020 as against Rs 864.97 crore during the previous year ended March 2019
SBI Card's net profit jumped 43.9% to Rs 1244.82 crore on a 33.8% rise in total income to Rs 9752.29 crore in the year ended March 2020 (FY20) over the year ended March 2019 (FY19)
Had it not been for Covid-19 impact, the company would have reported a sharp 80 per cent year-on-year jump in its pre-tax profit to Rs 692 core.
The plan to raise up to Rs 15,000 crore is very much on. We have identified six merchant bankers for the process and are waiting for the Q4 results to be out, YES Bank's MD said
The bank saw a healthy growth of 37 per cent in its operating profit at Rs 765 crore compared to Rs 560 crore a year ago.
The net profit of the insurer jumped 16 per cent to Rs 531 crore in Q4FY20 from Rs 458 crore because of lower tax provision
Provisioning cost increased by over 3x to Rs 151 crore in Q4 as customers opt for moratorium
Lower expenses drive profit number; firm had incurred a loss in the same period a year ago
The Street had factored in a drop of 2-4 per cent in Q4 volume growth on account of the Covid-19 outbreak and subsequent lockdown but 7% decline was a surprise for many.
The company looks to raise Rs 53,125 crore through this rights issue, which will be the first by RIL in three decades
With a 7% fall in volumes, topline declined by 9% and pre-tax profit by 11%; analysts see more pressure in coming quarters
At the net profit level, aided by lower interest costs, the company recorded a growth of 73 per cent on a sequential basis and nearly trebled over the year-ago period.
Net profit rose 26.3 per cent year-on-year at Rs 175 crore while it increased 4.3 per cent on a sequential basis for January-March.