New Delhi, July 25 (IANS) AU Small Finance Bank on Saturday reported a 4.3 per cent sequential decline in its net profit for the first quarter (Q1) of FY27, according to the bank’s filing.However, on a year-on-year basis, the bank’s net profit rose 37 per cent, supported by strong growth in net interest income (NII).The bank’s net profit stood at Rs 795.95 crore (Rs 79,595.29 lakh) in the April-June quarter, compared with Rs 831.87 crore (Rs 83,186.95 lakh) in the preceding January-March quarter…
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Mumbai, July 24 (IANS) State-owned Bank of Baroda on Friday reported a sharp 71.9 per cent decline in its net profit for the April-June quarter (Q1 FY27), as a substantial one-time loss of Rs 5,680 crore weighed heavily on its bottom line despite healthy growth in net interest income and interest earnings.The public sector lender posted a net profit of Rs 1,278 crore for the quarter ended June, compared with Rs 4,541 crore in the corresponding quarter of the previous financial year (Q1 FY26), ac…
Mumbai, July 17 (IANS) Central Bank of India on Friday reported a 13.3 per cent year-on-year increase in its net profit for the first quarter (Q1 FY27), driven by healthy growth in net interest income and lower provisions, even as its operating profit declined during the quarter.The state-owned lender posted a net profit of Rs 1,324 crore for the April-June quarter, compared to Rs 1,169 crore in the corresponding period of the previous financial year (Q1 FY26), according to its stock exchange fi…
Mumbai, April 18 (IANS) ICICI Bank on Saturday posted a consolidated net profit of Rs 14,755 crore for the fourth quarter of FY26, a 9 per cent year-on-year (YoY) rise.The second-largest private lender had reported a profit after tax (PAT) of Rs 13,502.22 crore in the corresponding quarter of the previous year.The lender’s core net interest income (NII) rose 8 per cent YoY to Rs 22,979 crore during the quarter, compared to Rs 21,193 crore in the same period last year, the bank said in an excha…