HDFC Q3 profit jumps 4 times; provisions spike

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  • Axis Bank posts Rs 1,505 crore Q4 profit as provisions drop

    Axis Bank posts Rs 1,505 crore Q4 profit as provisions drop

    The Economic Times | A Times Internet Limited product

    Axis Bank on Thursday reported net profit of Rs 1,505.06 crore for quarter ended March 31. The private lender had reported a loss of Rs 2,188.74 crore in the corresponding quarter last year.

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  • PNB reports surprise Rs 1,019 crore profit in Q1 on lower provisions

    PNB reports surprise Rs 1,019 crore profit in Q1 on lower provisions

    Punjab National Bank on Friday reported a surprise profit of Rs 1,018.63 crore for the quarter ended June 30 on big slump in provisions. The public sector lender had reported a loss of Rs 940 crore in the corresponding quarter last year. Analysts in an ET NOW poll projected a loss of Rs 350 crore. Provisions and contingencies declined sharply by 64.86 per cent on a yearly basis to Rs 2,023.31 crore over Rs 5,758.16 crore. The number declined 80 per cent sequentially.




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    Watch PNB reports surprise Rs 1,019 crore profit in Q1 on lower provisions With HD Quality

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  • HDFC Q1 profit rises 46% YoY to Rs 3,203 crore on Gruh stake sale

    HDFC Q1 profit rises 46% YoY to Rs 3,203 crore on Gruh stake sale

    Housing Development Finance Corporation (HDFC) on Friday reported 46 per cent rise in its standalone net profit of Rs 3,203 crore during April to June quarter of the current financial year (Q1 FY20). The country's largest mortgage lender had posted a net profit of Rs 2,190 crore during the corresponding period of 2018-19.

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    Watch HDFC Q1 profit rises 46% YoY to Rs 3,203 crore on Gruh stake sale With HD Quality

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  • HDFC Q2 profit up 61% YoY to Rs 3,962 cr

    HDFC Q2 profit up 61% YoY to Rs 3,962 cr

    Mortgage lender HDFC on Monday reported a 60.57 per cent year-on-year jump in standalone profit at Rs 3,961.53 crore for the September quarter. The lender had reported Rs 2,467.08 crore profit in the same quarter last year.

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  • Youngster Jumps In Lake | Circle Inspector Jumps In Lake For Saving The Youngster Life |

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  • Sensex jumps 169 points, Nifty tops 11,950; YES Bank jumps 6%

    Sensex jumps 169 points, Nifty tops 11,950; YES Bank jumps 6%

    Sensex rises 169 pts on gains in bank, auto stocks; Nifty tops 11,950; PCJ jumps 12%, YES Bank 6%.

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  • Infosys Q3 profit jumps to Rs 4,457 cr; revenue guidance raised to 10-10.5%

    Infosys Q3 profit jumps to Rs 4,457 cr; revenue guidance raised to 10-10.5%

    Infosys on Friday beat Street estimates to report a 23.49 per cent year-on-year rise in profit at Rs 4,457 crore compared with Rs 3,609 crore posted for the same quarter last year. Analysts in an ET NOW poll had estimated the number at Rs 4,204.50 crore.

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  • IndiGo Q3 profit jumps 168% to Rs 496 crore; revenue rises 26%

    IndiGo Q3 profit jumps 168% to Rs 496 crore; revenue rises 26%

    InterGlobe Aviation -- parent company of IndiGo airline -- on Monday reported a whopping 168 per cent rise in its third quarter (Q3 FY20) consolidated net profit at Rs 496 crore on the back of increasing load factor and higher operating income. In Q3 FY19, it had posted net profit of Rs 185 crore. During the September quarter of current fiscal (Q2 FY20), the budget airline had reported its highest ever quarterly loss of Rs 1,066 crore.

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  • SBI Q3 earning: Profit jumps 41% to Rs 5,583 cr

    SBI Q3 earning: Profit jumps 41% to Rs 5,583 cr

    State Bank of India on Friday posted 41.17 per cent year-on-year (YoY) rise in standalone profit at Rs 5,583.36 crore for the quarter ended December 31. This is the highest quarterly profit recorded by the public lender.Analysts in an ET NOW poll had projected the number at Rs 5,800 crore.

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Published on: Jan 28, 2020
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Mortgage lender HDFC Ltd on Monday reported a 24.3 per cent rise in consolidated net profit to Rs 4,196.48 crore for the third quarter ended December. It had posted a net profit (before adjustment for minority interest) of Rs 3,377.05 crore during the corresponding October-December period of 2018-19. Total income on consolidated basis rose to Rs 29,073.19 crore during the quarter as against Rs 24,653.15 crore in the year-ago period.

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  • Axis Bank posts Rs 1,505 crore Q4 profit as provisions dropUp next

    Axis Bank posts Rs 1,505 crore Q4 profit as provisions drop

    The Economic Times | A Times Internet Limited product

    Axis Bank on Thursday reported net profit of Rs 1,505.06 crore for quarter ended March 31. The private lender had reported a loss of Rs 2,188.74 crore in the corresponding quarter last year.

    Subscribe to The Economic Times for latest video updates. It's free! - http://www.youtube.com/TheEconomicTimes?sub_confirmation=1

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    Watch Axis Bank posts Rs 1,505 crore Q4 profit as provisions drop With HD Quality

    By The Economic Times| 116 views

  • PNB reports surprise Rs 1,019 crore profit in Q1 on lower provisions

    PNB reports surprise Rs 1,019 crore profit in Q1 on lower provisions

    Punjab National Bank on Friday reported a surprise profit of Rs 1,018.63 crore for the quarter ended June 30 on big slump in provisions. The public sector lender had reported a loss of Rs 940 crore in the corresponding quarter last year. Analysts in an ET NOW poll projected a loss of Rs 350 crore. Provisions and contingencies declined sharply by 64.86 per cent on a yearly basis to Rs 2,023.31 crore over Rs 5,758.16 crore. The number declined 80 per cent sequentially.




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    Watch PNB reports surprise Rs 1,019 crore profit in Q1 on lower provisions With HD Quality

    By The Economic Times| 9730 views

  • HDFC Q1 profit rises 46% YoY to Rs 3,203 crore on Gruh stake sale

    HDFC Q1 profit rises 46% YoY to Rs 3,203 crore on Gruh stake sale

    Housing Development Finance Corporation (HDFC) on Friday reported 46 per cent rise in its standalone net profit of Rs 3,203 crore during April to June quarter of the current financial year (Q1 FY20). The country's largest mortgage lender had posted a net profit of Rs 2,190 crore during the corresponding period of 2018-19.

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    Watch HDFC Q1 profit rises 46% YoY to Rs 3,203 crore on Gruh stake sale With HD Quality

    By The Economic Times| 93 views

  • HDFC Q2 profit up 61% YoY to Rs 3,962 cr

    HDFC Q2 profit up 61% YoY to Rs 3,962 cr

    Mortgage lender HDFC on Monday reported a 60.57 per cent year-on-year jump in standalone profit at Rs 3,961.53 crore for the September quarter. The lender had reported Rs 2,467.08 crore profit in the same quarter last year.

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    Watch HDFC Q2 profit up 61% YoY to Rs 3,962 cr With HD Quality

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  • Youngster Jumps In Lake | Circle Inspector Jumps In Lake For Saving The Youngster Life |

    Youngster Jumps In Lake | Circle Inspector Jumps In Lake For Saving The Youngster Life |

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  • Sensex jumps 169 points, Nifty tops 11,950; YES Bank jumps 6%

    Sensex jumps 169 points, Nifty tops 11,950; YES Bank jumps 6%

    Sensex rises 169 pts on gains in bank, auto stocks; Nifty tops 11,950; PCJ jumps 12%, YES Bank 6%.

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    Watch Sensex jumps 169 points, Nifty tops 11,950; YES Bank jumps 6% With HD Quality

    By The Economic Times| 16087 views

  • Infosys Q3 profit jumps to Rs 4,457 cr; revenue guidance raised to 10-10.5%

    Infosys Q3 profit jumps to Rs 4,457 cr; revenue guidance raised to 10-10.5%

    Infosys on Friday beat Street estimates to report a 23.49 per cent year-on-year rise in profit at Rs 4,457 crore compared with Rs 3,609 crore posted for the same quarter last year. Analysts in an ET NOW poll had estimated the number at Rs 4,204.50 crore.

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    Watch Infosys Q3 profit jumps to Rs 4,457 cr; revenue guidance raised to 10-10.5% With HD Quality

    By The Economic Times| 20204 views

  • IndiGo Q3 profit jumps 168% to Rs 496 crore; revenue rises 26%

    IndiGo Q3 profit jumps 168% to Rs 496 crore; revenue rises 26%

    InterGlobe Aviation -- parent company of IndiGo airline -- on Monday reported a whopping 168 per cent rise in its third quarter (Q3 FY20) consolidated net profit at Rs 496 crore on the back of increasing load factor and higher operating income. In Q3 FY19, it had posted net profit of Rs 185 crore. During the September quarter of current fiscal (Q2 FY20), the budget airline had reported its highest ever quarterly loss of Rs 1,066 crore.

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    Watch IndiGo Q3 profit jumps 168% to Rs 496 crore; revenue rises 26% With HD Quality

    By The Economic Times| 102 views

  • SBI Q3 earning: Profit jumps 41% to Rs 5,583 cr

    SBI Q3 earning: Profit jumps 41% to Rs 5,583 cr

    State Bank of India on Friday posted 41.17 per cent year-on-year (YoY) rise in standalone profit at Rs 5,583.36 crore for the quarter ended December 31. This is the highest quarterly profit recorded by the public lender.Analysts in an ET NOW poll had projected the number at Rs 5,800 crore.

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The Economic Times

  • Three stocks to play rural India story

    Three stocks to play rural India story

    The government is trying to put money in the hands of rural people and rabi crop is also expected to be good, says Sudip Bandyopadhyay, Director of Inditrade Capital. Market prices of most agri-products increasing significantly also augurs well for FMCG and consumer durable companies with a rural focus, he adds.

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    By The Economic Times| 0 views

  • Coronavirus outbreak: Govt reviews impact, to soon announce measures, says FM Sitharaman

    Coronavirus outbreak: Govt reviews impact, to soon announce measures, says FM Sitharaman

    The government will soon announce measures to deal with the impact of Coronavirus outbreak on the domestic industry, Finance Minister Nirmala Sitharaman said on Tuesday. The minister was addressing media after meeting representatives of the industry to review the situation following the outbreak of the deadly virus in China. Sitharaman said she would hold a meeting with the secretaires of different ministries tomorrow and then announce steps to deal with the situation in consultation with the Prime Minister's Office.

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  • Sensex falls 161 pts, Nifty ends below 12,000; Voda Idea tanks 11%

    Sensex falls 161 pts, Nifty ends below 12,000; Voda Idea tanks 11%

    CLOSING BELL: Sensex recovers from 450-pt hit, but ends lower for 4th day, down 161 pts; Voda Idea tanks 11%, Union Bank 7%

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    Follow me on all my social media's below:
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