HDFC Bank Q3 results: The largest private lender is likely to report a 0-3 percent rise in net profit for the December quarter, while net interest income (NII) will grow 6-8 percent. Provisions may rise sequentially, but decline on a year-on-year (YoY) basis. Net interest margin (NIM) may remain stable, banking analysts said, adding that…
Zomato Q3 results: Zomato on Monday reported a 57.24 per cent drop in its net profit to Rs 59 crore for the December 2024 quarter (Q3 FY25), according to a regulatory filing. Following this, its shares declined 7 per cent intra-day and closed at Rs 240.95 per share, down 3.14 per cent from the previous…
Havells India Ltd shares jumped on January 20 despite the company reporting a marginal drop in net profit in the December quarter. The home appliance maker’s profit fell to Rs 283 crore from Rs 288 crore a year ago in the quarter ended December 31. Havells’ revenue from operations rose nearly 11% to Rs 4,883…
Havells India shares jumped 1.08% on January 17 after the company announced its Q3 results on January 16. The company’s revenue from operations grew 10% to Rs 4,888.98 crore in Q3 FY25 as against Rs 4,413.86 crore in Q3 FY24. The shares opened 0.79% lower at Rs 1,544.95 and later recovered from the losses by…
The company’s revenue grew 7.6 per cent to Rs 41,764 crore in the third quarter as against Rs 38,821 crore in the same quarter last year.India’s second-largest IT services firm Infosys Ltd on Thursday reported an 11.4 per cent rise in net profit for the December quarter (Q3) of FY25 at Rs 6,806 crore as…
India’s wholesale inflation rose in December, led by a surge in prices of various commodities. The wholesale price index rose 2.37% in December, compared to 1.89% in November, according to data released by the Ministry of Commerce and Industry on Tuesday. On a sequential basis, the index declined 0.38%, compared to a 0.5% decline in…
Wipro Limited is scheduled to announce its Q3 FY25 earnings on January 17, with analysts estimating a quarterly decline in revenue as well as net profit. Seasonal weakness in its consulting business, higher furloughs and cross currency constraints in Q3 are likely to weigh on Wipro’s earnings growth in constant currency (CC) terms. A Moneycontrol…
Hyundai Motor and its subsidiary Kia said on Tuesday that their combined exports of eco-friendly vehicles to 2024 rose 3 percent from a year earlier despite the economic slowdown. Hyundai and Kia shipped a total of 707,853 eco-friendly cars last year, up from 687,420 units a year earlier, Hyundai Motor Group said in a press…
Shares of One97 Communications, the parent company of fintech major Paytm, continued to decline for the fourth consecutive session on January 13. The shares fell to Rs 796.1, marking a decline of over 6 percent. Earlier, UBS had released a report citing NPCI data, which mentioned that Paytm did not gain any UPI market share…
He said another Rs 1 lakh crore is expected to be raised through equity in the January-March quarter, taking the total amount raised through equity to Rs 4.3 lakh crore by the end of March 2025.Securities and Exchange Board of India Chairperson Madhabi Puri Buch on Friday said the amount raised from capital markets may…
