IRB Infrastructure Developers on Friday reported a 101.65 per cent jump in consolidated net profit to Rs 85.30 crore for the second quarter ended September 2022. The company had clocked a consolidated net profit of Rs 42.30 crore in the corresponding quarter of the previous fiscal, it said in a statement. Total income during the [...]
Private sector lender Karur Vysya Bank on Friday reported a 52 per cent jump in its net profit at Rs 250 crore for the quarter ended September 30, on the back of a double-digit growth in net interest income and fall in bad loans. The South-based lender had posted a net profit of Rs 165 [...]
Drug firm Laurus Labs on Friday said its consolidated net profit increased 14 per cent to Rs 233 crore in the second quarter ended September 30, 2022. The company had reported a net profit of Rs 204 crore in July-September period a year ago. Revenue from operations rose to Rs 1,576 crore in the quarter [...]
IDBI Bank on Friday reported a 46 per cent rise in its net profit to Rs 828 crore for the second quarter ended September 30. The bank had posted a net profit of Rs 567.12 crore in the year-ago period. The total income in the September 2022-23 quarter rose to Rs 6,065.51 crore from Rs [...]
Jammu & Kashmir Bank on Friday reported over two-fold jump in net profit at Rs 243.49 crore for September quarter 2022-23 on a healthy growth in interest income and fall in bad loans. The bank had posted a net profit of Rs 111.09 crore for the year-ago period. Total income during the quarter rose to [...]
Motilal Oswal Financial Services Ltd on Friday reported an 11 per cent growth in Profit After Tax (PAT) at Rs 509 crore for three months ended September 2022 driven by robust growth across the segments. This was the highest quarterly profit posted by the company. In comparison, the company had a PAT of Rs 458 [...]
Shares of Axis Bank climbed over 6.5 per cent in morning trade on Friday, after the firm reported a 66.29 per cent jump in consolidated net profit for the September quarter. The stock jumped 6.50 per cent to its 52-week high of Rs 879.95 on the BSE. At the NSE, it rallied 6.53 per cent [...]
Beer maker United Breweries Ltd has reported a 66.94 per cent growth in its consolidated net profit at Rs 134.12 crore in the second quarter ended September 30, mainly on the back of volume growth. The company, controlled by Dutch multinational brewing company Heineken NV, had posted a net profit of Rs 80.34 crore in [...]
L&T Finance Holdings on Thursday reported an 81 per cent jump in net income at Rs 406 crore for the September quarter, helped by better asset quality and record high retail advances. The leading non-banking credit company said it logged the highest-ever quarterly retail disbursements in the September quarter, and the retail book has crossed [...]
IT company Coforge on Thursday reported about 37 per cent increase in consolidated profit after tax to Rs 201.1 crore in the second quarter ended September 30, 2022. The company had recorded profit after tax of Rs 146.7 crore in the same period a year ago. The consolidated revenue from operations of Coforge increased by [...]
