ICICI Q1 profit zooms 40% to Rs 9,648 crore, Kotak jumps 67% – Times of India

[ad_1] MUMBAI: ICICI Bank has reported a record net profit of Rs 9,648 crore in Q1-2024—a 39.7% increase from Rs 6,905 crore in Q1-2023. Meanwhile, Kotak Mahindra Bank exceeded analyst estimates to report a 67% jump in standalone net profit at Rs 3,452 crore for the June quarter. On a consolidated level, the profit grew … Read more

IndiGo reports best ever Q4 profit at Rs 919 crore – Times of India

[ad_1] NEW DELHI: IndiGo has reported a profit of Rs 919.2 crore in the January-March 2023 quarter, as opposed to loss of Rs 1,681.8 crore in same period last fiscal. India’s biggest airline has reported a loss of Rs 305.8 crore in FY 2023, against a loss of Rs 6,162 crore in the previous fiscal. … Read more

IDBI Bank Q4 net profit up 22% to Rs 1,113 crore – Times of India

[ad_1] MUMBAI: IDBI Bank has reported a net profit of Rs 1,113 crore for the quarter ended on March 2023, an increase of 22% from Rs 927 crore in the corresponding quarter last year.The jump in earnings for the quarter was driven by a Rs 568 recovery from loans that were earlier written off.The bank … Read more

Tata Communications Q4 profit dips about 11% to Rs 326 crore – Times of India

[ad_1] NEW DELHI: Tata Communications on Wednesday posted about 11 per cent decline in the consolidated net profit to Rs 326.03 crore in the fourth quarter ending March 31, 2023.The company posted a profit of Rs 365.06 crore in the same period a year ago.The consolidated income from operations increased marginally to Rs 4,586.66 crore … Read more