Posts in category Economic Times
Maruti Suzuki Q4 Results: Profit zooms 48% YoY to Rs 3,878 crore, beats estimates (26-04-2024)
Maruti Suzuki Q4 Results: The profit figure was higher than the Street estimate of Rs 3046 crore. The Board has also recommended a final dividend of Rs 125 per share for the financial year 2023-24. For the full financial year, the automakers standalone PAT stood at Rs 13,209 crore, up over 64% YoY compared to Rs 8,049 crore reported in FY23.
Bajaj Finance outlook reverses market trend, drags Sensex 609 points down after 5-day win run (26-04-2024)
The 30-share BSE benchmark Sensex declined 609 points or 0.82% to settle at 73,730. The broader NSE Nifty dropped 150 points or 0.67% to end at 22,420. The market breadth was skewed in the favour of the bulls. About 1,996 stocks gained, 1,784 declined, and 133 remained unchanged on the BSE.
Rupee ends little changed, posts best weekly gain since early February (26-04-2024)
The Indian rupee closed little changed on Friday but logged its strongest week-on-week rise in nearly three months following a recovery from its all-time low hit last week.
Nifty April rollovers lower at 65%. Check how FIIs are positioned for May (26-04-2024)
April rollover for the Nifty Index futures were lower at 65.12%, significantly lower compared to the previous month's 69.77% and the three-month average of 71.40%, states a report by SBI Securities.
Yes Bank Q4 Result Preview: Strong PAT growth likely even as NII may fall 3% YoY (26-04-2024)
Yes Bank Q4 Result Preview: Yes Bank is projected to announce a net profit ranging from Rs 252 crore to Rs 427 crore for the quarter ending March 31, 2024, as per estimates by three brokerages. This represents a significant year-on-year (YoY) increase of 24% to 111%
ICICI Bank Q4 Result Preview: PAT likely to rise nearly 18% YoY, NII growth seen at 4-8% (26-04-2024)
ICICI Bank Q4 Result Preview: The net profit for the March quarter is expected to surge by up to 18% year-on-year (YoY), based on the average estimate of four brokerages. Various brokerages estimate NII growth to range between 4% to 8%, reflecting the disparity in projections.
Shriram Finance Q4 Results: PAT jumps 49% YoY to Rs 1,946 crore, NII rises 20% (26-04-2024)
Shriram Finance announced a final dividend of Rs 15 per share which will be paid to eligible shareholders before August 28. While the profit figure was close to the Street estimates, NII was above expectations.
Financials, auto, pharma, and healthcare to drive Q4 earnings: Rahul Bhuskute (26-04-2024)
We have been seeing a really strong earnings narrative in this financial year. Going forward, definitely there will be a base effect that will pose a bit of a headwind.
Bank of Maharashtra Q4 Results: Profit surges 45% YoY to Rs 1,218 crore (26-04-2024)
State-owned Bank of Maharashtra (BoM) on Friday reported a 45 per cent jump in its net profit to Rs 1,218 crore for the March quarter, helped by a decline in bad loans and a rise in interest income. The Pune-based lender had earned a net profit of Rs 840 crore in the year-ago period.
Bajaj Finserv Q4 Results: PAT jumps 20% YoY to Rs 2,119 crore (26-04-2024)
Bajaj Finserv Q4 Results: Profit stood at Rs 1,769 crore reported in the year-ago period