AXIS BANK LTD Q3 RESULTS
Q4 results: Stable costs boost India Inc. profits Steady costs and firm domestic demand supported corporate performance in the March quarter.
17 Jun, 2024, 06.30 AM ISTPaytm Bank slows down in Fastag lane; q-comm in soup over food safety Happy Friday! Banks are gaining ground in the toll payments space as Paytm Payments Bank’s market share continues to plummet. This and more in today’s Morning Dispatch.
14 Jun, 2024, 07.54 AM ISTBanks report higher NPA provisioning in Q4 For the 12 public sector banks (PSBs) in the sample, the aggregate provisioning for non-performing assets (NPA) fell by a tad 0.7% year-on-year to Rs 15,157.8 crore.
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03 Jun, 2024, 04.57 PM ISTKarnataka Bank Q4 Results: Net profits dips 23% YoY to Rs 274 crore, dividend declared at Rs 5.5 per share Its net interest margin, a key profitability metric, fell 57 basis points to 3.3% for the quarter as compared with 3.87% seen in the year-ago period. Net interest income was 3% lower at Rs 834 crore.
24 May, 2024, 08.59 PM ISTZaggle Q4 Results: Net profit jumps to Rs 19 crore SaaS fintech platform Zaggle Prepaid Ocean Services on Thursday said its consolidated net profit more than doubled to Rs 19.15 crore in the March 2024 quarter. The company had reported a net profit of Rs 7.56 crore in the year-ago period, according...
23 May, 2024, 09.34 PM ISTPaytm shares drop 3% after Q4 results. Should You buy or sell? Paytm's Q4 results show widened losses and reduced revenue, impacted by disruptions and regulatory actions. Analysts vary: Bernstein sees signs of recovery, Macquarie remains cautious, Motilal Oswal maintains a neutral stance, while JM Financial adv...
23 May, 2024, 11.28 AM ISTPaytm Q4 Results: Loss widens to Rs 550 crore; revenue drops 3% YoY Paytm Q4 Results: The fintech major's March quarter results were impacted by temporary disruptions on account of the UPI transition and permanent disruption because of the payments bank embargo. The company said Payment Bank's products like Paytm wa...
22 May, 2024, 10.06 AM ISTBharti Airtel Q4 Preview: Revenue likely to jump 8% YoY on higher ARPU, subscriber base In the fourth quarter of the fiscal year 2023, Bharti Airtel recorded a consolidated profit after tax (PAT) of Rs 3,005 crore, which pertains to the company's owners. When factoring in the non-controlling interest, the PAT for the period increases t...
14 May, 2024, 06.25 AM ISTPNB Q4 results: Net profit surges 160% YoY to Rs 3,010 crore; NII rises 9% Public sector lender Punjab National Bank (PNB) on Thursday reported a 160% year-on-year (YoY) surge in Q4 net profit at Rs 3,010 crore, while the net interest income (NII) rose to Rs 10,363 crore in the quarter, rising 9% YoY.
09 May, 2024, 05.17 PM ISTHero MotoCorp Q4 Results: Profit rises 18% YoY to Rs 1,016 crore Hero MotoCorp declared a final dividend of Rs. 40 per share. This dividend together with interim and special dividend, marking the centennial year of Chairman Emeritus Dr Brijmohan Lall Munjal, of Rs.100 per equity share, takes the aggregate total d...
08 May, 2024, 04.55 PM ISTCanara Bank Q4 Results: Profit jumps 18% YoY to Rs 3,757 crore; NII rises 11% Canara Bank Q4 Results: The company's Board has also recommended a dividend of Rs 16.10 per share, 161% of face value each, for the financial year 2023-24
08 May, 2024, 02.17 PM ISTYes Bank Q4 Earnings Today: Strong PAT growth likely even as NII may fall 3% YoY Yes Bank Q4 Earnings Today: Estimates from three brokerages suggest that Yes Bank is poised to announce a net profit ranging from Rs 252 crore to Rs 427 crore for the quarter ended March 31, 2024. This forecast indicates a year-on-year (YoY) increas...
27 Apr, 2024, 08.20 AM ISTHigher margins and non-core income lift Axis Bank Q4 profit The bank had reported a loss of ₹5,728 crore in the corresponding period a year ago on goodwill impairment following Citibank's portfolio acquisition. The bank had reported a net profit of ₹6,071 crore in October-December 2023 period, translating in...
25 Apr, 2024, 05.30 AM ISTAxis Bank board approves Rs 55,000 crore fundraise via mix of debt and equity Of the total approved plan, the lender will raise around Rs 35,000 crore through issue of various debt instruments including long term bonds, masala bonds, sustainable, optionally/compulsorily convertible debentures among others.
24 Apr, 2024, 05.34 PM ISTAxis Bank Q4 Results: Lender back in black with profit of Rs 7,130 cr; NII jumps 22% YoY Axis Bank had reported a loss of Rs 5.728,42 crore in the corresponding quarter of the last financial year. For the full year, the net profit stood at Rs 24,861.43 crore versus Rs 9,579.68 in FY23. Meanwhile, the NII for FY24 stood at 1,09,368.63 cr...
24 Apr, 2024, 05.29 PM ISTTata Elxsi shares down by 5% after disappointing Q4 results Tata Elxsi's shares dropped 5% to Rs 7,000 today as investors were disappointed by the company's Q4 results. The company reported a 4.5% sequential decline in net profit in its quarterly results announced yesterday. Q4 revenue stood at Rs 905.9 cror...
24 Apr, 2024, 11.43 AM ISTQ4 results today: HUL, Axis Bank, LTIMindtree among 22 companies to announce earnings Today marks a significant day for investors and market participants as several key companies from various sectors are set to announce their fourth-quarter results. Among the notable earnings releases, Hindustan Unilever (HUL), LTIMindtree, Indian Ho...
24 Apr, 2024, 09.47 AM ISTQ4 results this week: RIL, ICICI Bank, HCL Tech, among 166 companies that'll announce earnings With Wipro and Infosys’ results out this week, the fourth quarter earnings season will now pick up pace as the upcoming week will witness the results for Axis Bank, ICICI Prudential Life Insurance, Mahindra & Mahindra Financial Services, Tata Elxsi...
21 Apr, 2024, 10.06 AM ISTBanks Q4 earnings preview: In line with Q3, a moderate quarter likely. Top stocks to buy Q4 earnings preview indicates private banks may outperform public sector lenders due to tight liquidity. JM Financial expects 5% earnings growth, while analysts focus on NII growth, asset quality improvement, and stock outlook based on deposit perfo...
10 Apr, 2024, 10.13 AM IST