Mumbai, April 16 (IANS) HDFC Asset Management Company on Thursday reported a 19 per cent quarter-on-quarter (QoQ) decline in its consolidated profit for the March quarter (Q4 FY26), with earnings coming in at Rs 622.66 crore.The asset management firm posted a Rs 769.42 crore net profit in the December quarter (Q3 FY26), according to its stock exchange filing.However, on yearly basis, the profit dropped 2.5 per cent compared to Rs 638.46 crore in the same period previous financial year (Q4 FY25)….
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New Delhi, March 26 (IANS) India’s health insurance sector has recorded strong growth, with total premiums crossing Rs 1.2 lakh crore in 2024-25, the government said on Thursday.India’s health insurance sector continues to expand steadily, growing at around 9 per cent annually, driven by increasing awareness, better access to healthcare financing and a rising need for financial protection against medical expenses.To improve efficiency and ensure faster support to policyholders, the Insurance…
Mumbai, Jan 17 (IANS) ICICI Bank on Saturday reported a 2.68 per cent year-on-year (YoY) decline in its consolidated net profit for the December quarter (Q3 FY26). The bank posted a profit of Rs 12,537.98 crore in the third quarter, compared to Rs 12,883.37 crore in the same period last financial year (Q3 FY25).On a quarter-on-quarter (QoQ) basis, the bank’s profit fell 6.13 per cent from Rs 13,357.06 crore reported in the July–September quarter (Q2) of FY26, according to its stock exchange …
Mumbai, Jan 13 (IANS) ICICI Lombard General Insurance, India’s largest private sector general insurer, on Tuesday reported a 9.04 per cent year-on-year (YoY) decline in its net profit for the October–December quarter of FY26.The company’s profit fell to Rs 658.88 crore in Q3 FY26 from Rs 724.38 crore in the same period last financial year (Q3 FY25), according to its stock exchange filing.Total expenses during the quarter increased by 16.19 per cent year-on-year to Rs 6,039.06 crore, while …
New Delhi, Jan 5 (IANS) India’s research and insights industry is expected to sustain roughly 10 per cent growth in FY26, after touching Rs 29,008 crore in FY25, up 10.9 per cent year-on-year (YoY), a report said on Monday.The report from the Market Research Society of India said the sector is expected to reach about Rs 32,500 crore as international demand for integrated insight delivery and AI for deeper analysis rises.”Growth will be driven by rising international demand for integrated insig…