Key Points
MUMBAI - IDFC First Bank Ltd reported a 61.3% year-on-year (YoY) rise in net profit for the quarter ended June to Rs 765 crore..
Net interest income, the difference between interest earned and interest expended, rose 36% YoY to Rs 3,745 crore...
Provisions and contingencies for the quarter was Rs 476 crore, compared to Rs 308 crore a year ago..
Gross non-performing assets (NPA) as a percentage of the total loans was 2.17% as of June end, compared to 3.36% a year ago, and 2.51% a quarter ago...
Operating expense grew by 37% YoY to Rs 3,659 crore in the quarter, primarily on account of employee increments, branch expansion and increase in business volumes...
You might be interested in
IDBI Bank Q3 Results: PAT soars 57% YoY to Rs 1,458 crore, NII rises 17%
20, Jan, 24IDBI Bank Q3 Results: Net interest income, the difference between interest earned and interest expended, rose 17.4% YoY in the quarter to Rs 3,434.60 crore.
Kotak Mahindra Bank Q3 Results: PAT rises 8% YoY to Rs 3,005 crore, but trails estimates
20, Jan, 24Kotak Mahindra Bank Q3 Results: The lender's Net interest income, the difference between interest earned and interest expended, rose nearly 16% YoY to Rs 6,553.52 crore. The moderate growth in the bottomline was partially due to a sharp jump in the provisions during the quarter under review.
IndusInd Bank Q1 Results: PAT rises 33% YoY to Rs 2,124 crore, meets estimates
18, Jul, 23IndusInd Bank's total income in the June quarter increased by 28% YoY to Rs 12,939 crore. Net interest income, the difference between interest earned and interest expended, rose 18% YoY to Rs 4,867 crore. The banks operating profit, before provisions and contingencies, grew 13% YoY to Rs 3,830 crore. Provisions for the said quarter stood at Rs 992 crore, compared with Rs 1,251 crore a year ago.
LIC Q2 Results: PAT slumps 50% YoY to Rs 7,925 crore, net premium income drops 19%
10, Nov, 23Net commission for the quarter stood at Rs 6,077 crore, compared with Rs 5,808 crore a year ago. The solvency ratio as of September-end stood at 1.90 times, compared with 1.88 times a year ago. The gross non-performing assets ratio as of September 30 was 2.43%, compared with 5.60% a year ago, and 2.48% a quarter ago.
SBI Q2 Results: PAT rises 8% YoY to Rs 14,330 crore, but trails estimate
04, Nov, 23SBI Q2 Results: Net interest income (NII), the difference between interest earned and interest expended, rose over 12% on year to Rs 39,500 crore, and was the above estimated Rs 38,500 crore. Gross non-performing assets ratio as of September end was 2.55%, compared with 3.52% a year ago, and 2.76% a quarter ago. Net non-performing assets ratio as of September end was 0.64%, compared with 0.80% a year ago, and 0.71% a quarter ago.
NTPC Q1 results: PAT rises 9.4% YoY to Rs 4,066 crore, sales drop 2.3%
29, Jul, 23Operating profit, calculated as earnings before interest, taxes, depreciation and amortization (EBITDA), grew by nearly 17% on year to Rs 11,369.40 crore. Operating margin expanded a sharp 471 basis points to 29.06%.
HDFC Bank Q3 Results: PAT rises 34% YoY to Rs 16,373 crore, tops estimates
16, Jan, 24Net interest income, the difference between interest earned and interest expended, rose 24% YoY to Rs 28,471.34 crore.
HDFC Bank Q4 Preview: PAT seen rising 21% YoY, Dalal Street to look for 5 major updates
14, Apr, 23Provisional numbers shared by the lender earlier this month showed that advances grew about 17% on year to Rs 16 lakh crore as of March-end, and was up 6% from December-end.