India’s second largest private lender ICICI Bank today reported a standalone net profit of Rs 10 707.53 crore for the quarter ended March 31, 2024 which was up by 17.38% from Rs 9121.87 crore reported in the year ago period. ICICI Bank reported interest income earned during the quarter at Rs 37,948.36 crore which was … Read more
RBL Bank reported a net profit growth of 30% to Rs 353 crore for the quarter ended March 31, 2024 as against Rs 271 crore reported by the lender in the year ago period. The profit after tax (PAT) jumped 51% on the quarter-on-quarter basis versus 233 crore posted in the October-December quarter. Total revenue … Read more
Led by robust subscriber additions and higher average revenue per user (ARPU) on the back of premiumisation, telecom major Bharti Airtel is expected to report a consolidated net profit of Rs 38,068 crore according to average estimates of four brokerages. This will be a 6.3% year-on-year (YoY) jump in the reported quarter versus 35,804.40 crore … Read more
Aided by easing input cost pressures and demand recovery in select pockets, more than half of Nifty 50 companies are expected to have seen a double-digit growth in profits during the quarter ended December. Kotak Institutional Equities expects a 12% year-on-year (YoY) growth in the cumulative profit of Nifty 50 companies, and Motilal Oswal Financial … Read more
