Kotak Mahindra Bank Q2 net up 20% at Rs 1,441 cr
Uploading Date : 26-10-2017Private sector lender Kotak Mahindra Bank’s consolidated net profit went up 20 per cent from Rs 1,202 crore in July-September 2016 to Rs 1,441 crore in the quarter ended September 2017 (Q2) on higher net interest income. Other income grew a muted 6.7 per cent y-o-y to Rs 3,074 crore. On a standalone basis, its net profit went up 22 per cent year-on-year (y-o-y) to Rs 994 crore............
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Indiabulls Housing Finance Q2 profit up by 26%
Uploading Date : 24-10-2017Indiabulls Housing Finance saw a rise in net profit in the September quarter helped by expansion in loan book and rise in the net interest income (NII). The non-banking finance company (NBFC) reported a profit of Rs 861.1 crore for the quarter against Rs 684.3 crore in year-ago quarter, a rise of 26 per cent. Disbursals grew by 41.8 per cent to Rs 9,504.2 crore and NII was up by 27.1 per cent to Rs 1,389.5 crore in the first quarter........
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Hindustan Zinc Q2 net jumps 34% jump to Rs 2,545 cr on higher output
Uploading Date : 24-10-2017Hindustan Zinc Ltd, India's biggest zinc miner, posted a 34 per cent rise in second-quarter profit on Monday, boosted by higher output and increase in metal prices. Net profit rose to Rs 2,545 crore in the three months ended September 30 from Rs 1,902 crore a year earlier, said the company, which is a unit of Vedanta Ltd...............
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MOIL nears all-time high; stock zooms 49% in October so far
Uploading Date : 23-10-2017MOIL soared 15% to Rs 284 on the BSE in early morning trade, extending its past three weeks' rally, on back of heavy volumes. The stock of mining company was trading close to its all-time high of Rs 296 touched on December 15, 2010 in intra-day trade.................
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Godrej Agrovet shares gain 29% in stellar market debut
Uploading Date : 20-10-2017Shares of Godrej Agrovet ended with 29 per cent gains during their trading debut on Monday. The stock ended at Rs 592 compared to Initial Public Offer (IPO) price of Rs 460 per share on the National Stock Exchange (NSE). The stock touched a high of Rs 630 and a low of Rs 563.4 on the NSE with a total of Rs 1,441 crore worth of shares changing hands.
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UltraTech Cement Q2 profit falls 28% to Rs 431 cr due to higher expenses
Uploading Date : 20-10-2017UltraTech Cement Ltd posted a 28 percent fall in second-quarter profit, but beat street estimates, hurt by higher expenses. Standalone profit fell to Rs 431.2 crore rupees for the quarter ended Sept. 30, from Rs 601 crore rupees a year ago, the company said on Wednesday.........
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Axis Bank Q2 net jumps 36% to Rs 432 cr but bad loans rise
Uploading Date : 18-10-2017Axis Bank on Tuesday reported 36 per cent year-on-year growth in its second-quarter net profit, aided by low provisioning. Asset quality numbers worsened significantly on the Reserve Bank of India’s (RBI’s) assessment of its previous financial year numbers...........
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Bajaj Auto Q2 profit falls marginally to Rs 1,112 crore
Uploading Date : 18-10-2017Bajaj Auto on Tuesday reported a 1% fall in its net profit to Rs 1,112 crore for the second quarter, compared to the corresponding period last year, sending the stock price to hit a new high of Rs 3,310. The company had reported a Rs 1,123 crore — the best quarterly figure — net profit in the second quarter of last financial year..................
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