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SBI manages yet another good quarter, but bad loan worries aren’t over for the sector
Dinesh Unnikrishnan123 •According to Moody’s the rise in bad loans on the books of Indian banks will continue at a slower pace on account of improving economic scenario.
Punjab National Bank Q2 net profit up 8% at Rs 621 cr
Fp Archives •The bank had posted net profit of Rs 575.34 crore in the same quarter of the previous financial year.
SBI Q2 net profit surges 25% to Rs 3,879 cr
Fp Archives •The bank has reported a consolidated net profit at Rs 4,991.70 crore for the said quarter compared with Rs 4,023.84 crore in the year-ago period.
Tata Steel Q2 net profit up 22%; takes Rs 8,699 cr hit on UK business
Fp Archives •During the quarter under review, Tata Steel UK has taken significant impairment charges in the UK Strip business.
Indian Oil reports Q2 loss of Rs 329 cr, falling crude price hurts
Fp Archives •Refinery throughput increased to 13.683 million tons during the quarter from 13.407 million tons a year ago.
Kotak Mahindra Bank Q2 net profit up at Rs 942 cr
Fp Archives •Total income stood at Rs 4,621 crore for the quarter ended 30 September.
ICICI Bank reports 12% rise in Q2 profit at Rs 3,419 cr
Fp Archives •ICICI Bank scrip was trading at Rs 273.40 on BSE during afternoon trade, up 0.72 per cent from previous close.
'Maggi'less Nestle India chews bitter pill as Q3 net profit falls 60% to Rs 124 cr
Fp Archives •The company had posted a standalone net profit of Rs 311.29 crore in the same period last fiscal.
Jet Airways Q2 profit at Rs 83 cr vs loss a year ago on strong passenger traffic growth
Fp Archives •The total sales grew by 8.1 percent to Rs 5,504 crore in the July-September quarter of the current fiscal as compared to Rs 5,092 crore in Q2FY15, the company said in a release.
Robust sales drive Maruti Suzuki Q2 net profit up 42% at Rs 1,225 cr
Fp Archives •The company had posted a net profit of Rs 862.54 crore during the same period last fiscal.