Stories with this tag.
SBI's September-quarter standalone profit rose 14.3% to Rs 23,038 crore, above the Street's Rs 22,619 crore, with net interest income up 14.7% to Rs 49,143 crore and gross NPAs at 1.39%. The profit includes about Rs 7,288 crore from selling part of its SBI Funds Management stake.
Subhash Gupta5 min
Jio Platforms reports its July-September results today, its first since listing, with Reliance Industries. Analysts expect revenue near Rs 40,400 crore, profit near Rs 7,610 crore, ARPU about Rs 219.5 and 541.3 million subscribers. This preview was written before the numbers came out.
Amita Sahani4 min
Maruti Suzuki's consolidated net profit fell 26.4% to Rs 2,466 crore in the September quarter as higher commodity costs tied to the West Asia conflict and weaker non-operating income outweighed a 26% rise in revenue. Sales were a record 6,96,654 vehicles; the EBITDA margin was 9.4%.
Prateek Rawat4 min
Tata Capital's chief executive Rajiv Sabharwal said the RBI's draft ban on revolving credit by non-bank lenders would affect only 3 to 4 per cent of the company's assets under management. The company's second-quarter profit rose 51% to Rs 1,660 crore and its loan book crossed Rs 3 lakh crore.
Subhash Gupta4 min
Larsen & Toubro's consolidated net profit rose 33% to Rs 5,202 crore in the September quarter, with revenue up 16% to Rs 78,750 crore. Order intake rose 28% to Rs 1,47,665 crore, 63% of it international, taking the order book to Rs 8.54 lakh crore. EBITDA margin fell to 8.6%.
Subhash Gupta4 min
