NTPC Q1 results: PAT rises 9.4% YoY to Rs 4,066 crore, sales drop 2.3%

​​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.

Net 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.

India Business News: State-owned Bank of India (BOI) on Friday reported a nearly three-fold jump in net profit to Rs 1,551 crore in the June quarter due to a decline in ba

YES Bank Q3 Results: Provisions for the quarter dropped sharply, which aided growth in the bottom line. Provisions and contingencies for the reported period stood at Rs 555 crore, compared with Rs 845 crore a year ago. Despite this, the pre-provision operating profit declined 5.4% YoY to Rs 864 crore.

Revenue increased 10.3% YoY to Rs 25,368 crore. Sequentially, the bottomline rose nearly 3% and the topline grew 2.5%. Total expenses for the December quarter increased to Rs 18,518 crore from Rs 16,839 crore a year ago, and 18,063 crore a quarter ago. Network operating expenses rose to Rs 7,706 crore from Rs 7,227 crore a year ago and Rs 7,607 crore a quarter ago.

Net interest income, the difference between interest earned and interest expended, rose 18% on year to Rs 5,077 crore. Provisions for the quarter was Rs 974 crore, compared with Rs 1,141 crore a year ago.

Net interest income (NI), the difference between interest earned and interest expended, rose more than 30% on year to Rs 27,385 crore but was lower than the estimated Rs 28,500 crore. Provisions for the quarter declined to Rs 2,904 crore, from Rs 3,240 crore a year ago.

BPCL Q3 Results: BPCL's quarterly net profit rose by 73.4% YoY to Rs 3,397.30 crore, surpassing the estimated Rs 3,271 crore. Revenue from operations declined 3% YoY to Rs 1.15 lakh crore but exceeded the estimated Rs 1.05 lakh crore. Total expenses dropped to Rs 1.26 lakh crore from Rs 1.32 lakh crore a year ago. Refinery throughput increased to 9.86 million tonnes from 9.39 million tonnes a year ago. Market sales rose marginally to 12.92 million tonnes from 12.81 million tonnes a year ago.

​​The pre-provision operating profit (PPoP) rose 14.4% YoY to Rs 18,621 crore. Provisions and contingencies for the quarter were Rs 2,685.4 crore compared with Rs 3,312.4 crore in the corresponding quarter a year ago.

India Business News: The company's net profit rose more than 14% to Rs 11,436 crore ($1.39 billion) in March quarter against Rs 9,959 crore a year ago. With today's result