Markets traded markedly upwards last week, ending on a strong positive note. Nifty continued to rise and posted gains for the third week in a row. It fluctuated within a wider intraweek range of 720.95 points while trading between 25,060.55 and 25,781.50. But even as the overall index gained ground, market breadth remained relatively weak […]
IDFC Bank reported its second quarter results for FY2026, during which the bank witnessed a 75.5% year-on-year increase in its standalone net profit to Rs 352.31 crore, compared to Rs 200.69 crore in Q2FY26. However, the bank’s net interest income (NII) took a sharp hit, falling 40% year-on-year.The NII was reported at Rs 5,112.57 crore […]
Real estate firm Signature Global Ltd has raised Rs 875 crore through the issuance of non-convertible debentures (NCDs) to repay its existing debt and expand its operations. In a regulatory filing on Friday, the company said a bond committee at its meeting has approved allotment of 87,500 NCDs of face value of Rs 1 lakh, […]
Public sector bank Punjab National Bank on Saturday announced its FY26 results, with profit after tax (PAT) up 14% y-o-y to Rs 4,904 crore, while net interest income (NII) fell 0.45% y-o-y. The NII stood at Rs 10,469 crore at the end of the second quarter of FY26, which is lower than Rs 10,517 crore […]
IndusInd Bank has posted a net loss of Rs 437 crore in the second quarter of FY26, compared to a net profit of Rs 1,331 crore in the corresponding quarter of FY25. The bank’s net interest income (NII) also fell 17.6% year-on-year to Rs 4,409 crore, compared to Rs 5,347 crore in Q2FY25. The bank’s […]
The country’s second-largest private lender ICICI Bank reported 5.2% year-on-year growth in profit after tax to Rs 12,359 crore for the quarter ended Q2FY26, while also recording a healthy 7.4% growth in its net interest income (NII) to Rs 21,529 crore, compared to Rs 20,048 crore in the same quarter last year. The net interest […]
India’s largest private sector lender HDFC Bank on Saturday reported its second quarter results for FY26, reporting 10.8% year-on-year (year-on-year) growth in standalone net profit at Rs 18,641.28 crore, compared to Rs 16,820.97 crore in the same period last year. Further, the bank’s net interest income (NII) also witnessed a growth of 4.8% year-on-year and […]
Aditya Birla Group company UltaTech Cements has announced its results for the quarter ended September 2025, registering an impressive 75.2% year-on-year increase to Rs 1,232 crore, while net sales rose 21.3% year-on-year. Net sales stood at Rs 19,371 crore in Q2FY26, compared to Rs 15,967 crore in the same quarter last year. UltraTech Cement reported […]
Private lender Yes Bank on Saturday announced its results for the quarter ended September 30, 2025, in which the bank reported an 18.3% year-on-year increase in its profit after tax (PAT) at Rs 654.47 crore, compared to Rs 553.04 crore a year ago. Meanwhile, net interest income (NII) for the said quarter stood at Rs […]
The Federal Bank has announced its quarterly results for the July-September quarter, showing a decline of 9.6% year-on-year (year-on-year) in standalone net profit at Rs 955.26 crore, against Rs 1,056.69 crore in the year-ago period. However, the bank reported its highest ever net interest income (NII) at Rs 2,495 crore. Despite the year-on-year decline, the […]