Page 23 - Q2 Results

Bajaj Finance Q2 results: Net profit jumps 88% to Rs 2,781 crore

The company booked 6.76 million loans in Q2FY23, up 7 per cent YoY compared to 6.33 million loans booked in the year-ago period

Axis Bank Q2 net profit rises 70% to Rs 5,329 crore; NII jumps 31%

Not looking to raise capital immediately for Citi deal: MD-CEO

L&T Finance Q2 results: Net profit rises 81% YoY on improved margins

Its capital adequacy was 22.65 per cent (Tier 1: 19.85 per cent) and Debt to Equity (D/E ratio) at 4.18 times in Q2FY23

HUL Q2 preview: Revenue may climb up to 21% YoY in Q2FY23, say analysts

HUL Q2 preview: Analysts expect the cost inflation in palm prices and packaging material to dent the FMCG major's margin picture in Q2-FY23

ITC's Q2 net profit up 21% at Rs 4,466 cr as cigarette, snacks sales rise

ITC's standalone revenue from operations rose 27% to Rs 17,160 crore in Q2FY23

Asian Paints Q2 results: Net profit rises 31% to Rs 783 cr, sales up 18.8%

The initial capacity to be set up would be 265,000 tonnes per annum. In addition, clinker grinding would be set up in India as well

Axis Bank's Q2 net profit jumps 70% to Rs 5,330 cr as provisions slide

The lender's net interest income rose 31% on an annual basis and 10% on a sequential basis

Paracetamol maker Granules India Q2 net profit jumps 80% to Rs 145 cr

Pharmaceutical company Granules India Ltd reported an 80% surge in quarterly profit on Thursday, boosted by higher sales of painkiller drug Paracetamol

Sensex rises 96 pts after range-bound trade; Pvt banks weak, IT strong

CLOSING BELL: Meanwhile, the rupee will fall further against the US dollar over the rest of the year, a Reuters poll showed. It slipped to a record low of 83.21 today, and ended at 82.75/$

Union Bank Q2 net up 21.07 per cent to Rs 1,848 crore on a YoY basis

Its net interest margin (NIM) improved to 3.15 per cent in Q2FY23 from 2.95 per cent in Q2FY2

Canara Bank Q2 profit jumps 89% to Rs 2,525 cr, asset quality improves

State-owned lender's gross global advances up 20% YoY to Rs 8.24 trn; retail lending portfolio grows 12.5%

Nestle India gains 2%, nears 52-week high on strong Q3 revenue growth

The stock of packaged foods company quoted higher for the seventh straight trading day and has rallied 9 per cent during the period.

IndusInd Bank dips 6% on profit booking post September quarter results

The bank reported a healthy 57 per cent YoY growth in July-September standalone net profit to Rs 1,805 crore driven by a healthy rise in loan disbursement and net interest income.

Stocks to Watch: IndusInd Bank, Delhivery, Tracxn, Shoppers Stop, ITC, NLC

Stocks to watch today: Tracxn Technologies will make its debut on the bourses Thursday. As per IPO Watch, it may see a muted listing with flat to a negative discount. The issue price is Rs 80 a share

Stock valuations factor in negatives for ICICI Lombard, say analysts

Improving topline growth but combined ratio, loss ratio key concerns

AU Small Finance Bank's net profit rises 23% to Rs 343 crore in Q2

AU Small Finance Bank (SFB) on Wednesday reported a 23 per cent rise in its net profit at Rs 343 crore in the July-September quarter on healthy growth in loan disbursals aided by consistent fall in bad loans. The Jaipur-based lender had posted a net profit of Rs 279 crore in the same period in the year ago fiscal year. Bank's net interest income (interest earned minus expended) grew by 44 per cent to Rs 1,083 crore during July-September period of 2022-23, as against Rs 753 crore in same period of 2021-22, AU SFB said in a regulatory filing. Total income of the bank was up by 40.3 per cent at Rs 2,240 crore as against Rs 1,597 crore. Gross advances of the lender rose to Rs 52,452 crore as of Q2FY23 as against Rs 36,405 crore during the same period a year ago, with auto, MSME and home loans accounting for 75 per cent of the component. Disbursements during the quarter stood at Rs 8,605 crore as against Rs 5,061 crore. "The operating environment in Q2FY23 saw uncertainty over inflati

Piramal Pharma ends at Rs 192 on debut, valued at Rs 22,882 cr at close

Domestic brokerage Motilal Oswal has set a price target of Rs 210 for the stock

UltraTech Q2 net profit falls 42% to Rs 756 cr on higher energy costs

The pick-up in retail demand was led by pre-Diwali construction gaining momentum, UltraTech said

Major asset management companies report muted results in second quarter

Revenue from operations remains flat for HDFC AMC and Nippon Life AMC in the previous quarter

IndusInd Bank's Q2 net profit rises 57% to 1,805 cr, NII rises 18%

Should see 18-20% credit growth in FY23 says Sumant Kathpalia, MD & CEO, IndusInd Bank