India's ICICI Bank posts record high profit in Q3
MUMBAI (Reuters) - India's ICICI Bank reported a record high profit for the fiscal third quarter on Saturday, helped by strong loan growth. The private bank reported a standalone net profit of 102.72 Key Points
ThePrintICICI Bank posts stellar Q2 results: 35.7% YoY profit growth, 24% surge in Net Interest Income
The Mumbai-based bank's standalone profit surged to Rs 10,261 crore for the quarter, marking a substantial increase from the Rs 7,557.84 crore reported in the same period the previous year. Key Points
Business TodayTata Steel Q3 Result Preview: Co may post PAT vs loss a year ago; all eyes on UK ops roadmap
The steelmaker is seen reporting a consolidated net profit of Rs 608 crore for the quarter ended December, according to the average of estimates given by 10 brokerage firms. This is against a net loss of Rs 2,600 crore posted a year ago and Rs 6,600 crore a quarter ago. Key Points
Economic TimesTime for 50:50 Indo-American portfolio? Saurabh Mukherjea gives 3 reasons to buy US stocks
Dalal Street's top stock picker, Saurabh Mukherjea, is advocating a 50:50 Indo-American portfolio that can generate significant risk-adjusted returns compared to a standalone portfolio built around either country's stock market. Mukherjea said that diversification, currency effects and asset-liability matching are the three reasons why investors should have an Indo-American portfolio. Over the past 20 years, a 50:50 Indo-American portfolio would have had a better risk-adjusted return than a standalone portfolio from either country. Key Points
Economic TimesDMart Q3 result preview: PAT may rise 23% YoY; gross margins to expand
Avenue Supermart is expected to report healthy growth in its consolidated revenues, with revenue for the quarter ended December estimated to grow 17-18%. Net profit is likely to rise around 23% YoY. Analysts expect DMart to report a gross margin of 14.1% and an EBITDA margin of 8.4%. Revenue growth for Dmart in Q3 is estimated at 17.2%. Key Points
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India's Kotak Mahindra Bank net profit jumps 24% in Q2, meets estimates
India's Kotak Mahindra Bank (KTKM.NS) reported a 24% increase in second-quarter net profit on Saturday, buoyed by healthy core lending income and robust loan growth. Key Points
ReutersSKF India standalone PAT rises to ₹154.53 crore in June quarter
Bearings maker SKF India Wednesday said it has recorded a 20% growth in its standalone Profit After Tax (PAT) at ₹154.53 crore in three months ended June 2023. Key Points
mintBPCL Q4FY23 Results: Should you own this stock? Here's what brokerages say
BPCL Q4FY23 Results: The company recorded a staggering 158.99% or 2.58 fold increase in standalone profit after tax (PAT) to ₹6,477.74 crore in Q4FY23. Key Points
mintBPCL Q4 result: Firm declares dividend of ₹4, check details here
BPCL posted a whopping 158.99% or 2.58 folds jump in standalone PAT to ₹6,477.74 crore Key Points
mintAshish Kacholia stock records highest ever PAT margin, Board declares stock split and 50% dividend
ADF Foods, a small-cap FMCG company, closed on Friday with a market worth of ₹1,669.60 Cr. Key Points
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