The Indian poultry industry's operating profitability is poised to slip next financial year 2025-26, owing to an increase in feed cost, even as strong demand leads to revenue growth of 8-10 per cent, Crisil Ratings said in a report.
India's banking sector saw a mixed performance in the third quarter, with net interest income (NII) growing 6 per cent year-on-year (YoY), core pre-provision operating profit (PPOP) rising 13 per cent, and adjusted profit after tax (PAT) increasing by 7 per cent. While earnings expectations
The operating profit for the quarter stood at Rs23,551 crore, marking a 15.81 per cent YoY increase. Additionally, the Net Interest Income (NII) grew by 4.09 per cent YoY to Rs41,446 crore, while the Return on Assets (ROA) improved to 1.04 per cent, rising 42 basis points (bps) YoY. The bank
Mumbai (Maharashtra) [India], January 27: Financial results - IDFC FIRST Bank today announced the unaudited financial results for the quarter and nine months ended December 31, 2024.
Mumbai (Maharashtra) [India], January 25: IDFC FIRST Bank has reported a strong financial performance for Q3 FY25, with a Profit After Tax (PAT) of Rs. 339 crore and a 15% YoY increase in core operating profit. The bank saw significant growth in key areas, including a 28.8% rise in custom
Ahmedabad (Gujarat) [India], January 8: Jindal Worldwide Ltd., a leading name in the textile industry renowned for weaving quality and trust for over three decades, has announced a landmark decision to reward its shareholders. The Board of Directors, at their meeting held today, approved the
The Nifty 50 companies, excluding financial, telecom, cement, and commodity sectors, are expected to show subdued growth in their financial performance for the third quarter of FY25, according to a report by Antique Stock.
The entry of new players has sparked a surge in capital expenditure and heightened competition within the sector.
To counter competition and secure market share companies are expanding their capacities, growing dealer network, ramping up sales team and increasing ad spends. All these are pu
Tokyo [Japan], November 14: Operating profit surged by 2.5 times year-on-year, with EBITDA reaching record highs, highlighting consistent revenue growth and profit
Mumbai (Maharashtra) [India], October 28: Financial results at a glance: The Board of Directors of IDFC FIRST Bank, in its meeting held today, approved the unaudited financial results for the quarter and half year ended September 30, 2024.