Private Sector Profits

• 

  Private Sector Must Share Profits With Employees For Growth: Chief Economic Advisor

  Chief Economic Adviser Anantha Nageswaran painted a stark picture of how Indian corporates are compensating their workers and employees, and called for a more equitable distribution of incomes.

• 

  Axis Bank Q1 Net Profit Rises 40% To Rs 5,797 Crore

  Private sector lender Axis Bank on Wednesday posted a 40.5 per cent increase in standalone net profit at Rs 5,797 crore in the April-June quarter, mainly due to decline in bad loans and improvement in interest income.

• 

  HDFC Bank Q1 Net Profit Rises 29% To Rs 12,370 Crore

  Largest private sector lender HDFC Bank on Monday reported a 29.13 per cent jump in consolidated net profit for the June quarter at Rs 12,370.38 crore.

• 

  "Only Private Sector Can Take Country Forward": Sajjan Jindal

  Business tycoon and chairman of JSW Group Sajjan Jindal on Tuesday said that it is be the private sector, not the public sector, that will take India ahead because "ultimately what matters is accountability and profitability".

• 

  Nifty Seen Opening Lower; ITC, Axis Bank, L&T Among Stocks In Focus

  Axis Bank will be in focus after the private sector lender reported its highest-ever quarterly profit at Rs 3,133 crore on a standalone basis.

• 

  ICICI Bank Net Profit Rises 30% To Rs 5,511 Crore In September Quarter

  ICICI Bank Q2 FY22 Results: ICICI Bank reported a 29.6 per cent rise in net profit to Rs 5,511 crore on a standalone basis for the July-September quarter in the financial year 2021-22, compared to Rs 4,251.3 crore in the year-ago period. The country's leading private sector lender reported a net NPA ratio of 0.99 per cent in the September quarter -...

• 

  IndiGo Bullish On New Non-Stop International Routes On Existing Single-Aisle Aircraft

  IndiGo, India's largest private sector airline, turned optimistic about new non-stop international routes on its single-aisle A-320/A-321 series aircraft. In an exclusive interaction with NDTV, the airline's chief executive officer (CEO) Ronojoy Dutta expressed that it may operate profitably on the new routes with the mentioned fleet.

• 

  ICICI Bank Profit Rises 78% To Rs 4,616 Crore In June Quarter, Provisions Fall

  ICICI Bank Q1 FY22 Results: ICICI Bank reported a 78 per cent rise in net profit to ₹ 4,616 crore on a standalone basis for the April-June quarter in the financial year 2021-22, compared to ₹ 2,599 crore in the year-ago period. The country's leading private sector lender's provisions - excluding provision for tax, declined sharply as it has cha...

• 

  Stocks To Watch: HDFC Bank, Just Dial, Cadila Healthcare,

  HDFC Bank, the country's largest private sector lender, has reported a 16.1 per cent year-on-year (YoY) rise in net profit at Rs 7,729.64 crore in the June quarter

• 

  Sensex, Nifty Edge Lower; Private Sector Banks Fall On Profit Booking

  Seven of 11 sector gauges compiled by the NSE were trading lower led by the Nifty Bank and Private Bank indexes' 0.35 per cent fall.

• 

  ICICI Bank Profit Jumps 260% To Rs 4,403 Crore In March Quarter

  ICICI Bank Limited reported a 260 per cent growth - a three-fold jump in net profit to Rs 4,402.62 crore for the January-March quarter in the financial year 2020-21, compared to Rs 1,221.36 crore in the year-ago period. The country's leading private sector lender reported a growth of 17 per cent in net interest income to Rs 10,431 crore during the ...

• 

  Sensex Drops Over 300 Points, Nifty Below 15,000 On Profit Taking

  Seven of 11 sector gauges compiled by the National Stock Exchange were trading loser led by the Nifty Private Bank index's 1.3 per cent decline

• 

  ICICI Bank Q3 Results: October-December Net Profit Jumps 19% To Rs 4,940 Crore

  ICICI Bank Limited reported a 19 per cent growth in net profit to Rs 4,940 crore for the October-December quarter in the current financial year, as compared to Rs 4,146 crore in the year-ago period. The private sector lender reported growth in domestic and retail loans amid strong credit demand in the third quarter. ICICI Bank posted a net profit o...

• 

  Axis Bank Gains Over 2% Despite Decline In Q3 Net Profit

  Axis Bank, the fourth largest private sector lender by market capitalisation, reported a 36.4 per cent year-on-year (YoY) decline in standalone net profit to Rs 1,117 crore for the quarter ended December 2020

• 

  Kotak Mahindra Bank Gains Over 1% On Jump In Q3 Net Profit

  India's third largest private sector lender by market capitalisation clocked a 16.1 per cent year-on-year growth in profit at Rs 1,853.5 crore for the quarter ended December 2020