Topic
net profit
Business Paradeep Phosphates Q1 net profit rises 24% to ₹393 crore on 36% revenue growth
Paradeep Phosphates Ltd reported a 24% year-on-year rise in Q1FY27 net profit to ₹393 crore, driven by a 36% revenue increase to ₹6,124 crore. The board also approved a ₹250-crore investment for an aluminium fluoride plant as part of its diversification into industrial chemicals.
Commodities Rallis India Q1 Net Profit Surges 31% to ₹125 Crore on Higher Revenues
Rallis India posted a 31% jump in Q1 net profit to ₹125 crore on 7% higher revenue of ₹1,022 crore. The Crop Care and Seeds businesses drove growth, with new product launches across herbicides, insecticides, and crop hybrids.
Business Sobha Q1 Net Profit Surges Nearly 250% to ₹51 Crore on Strong New Launches
Sobha Limited posted a 274% jump in Q1 FY27 net profit to ₹51 crore, with revenue rising 48% to ₹1,330 crore. The company achieved its highest-ever quarterly sales of ₹3,656 crore, driven by new project launches in Bangalore and Gurgaon.
Business Aurum Proptech Q1 Net Profit Surges to ₹45 Crore on Sale of Navi Mumbai Buildings
Aurum PropTech Ltd reported a consolidated net profit of ₹45.18 crore for the June quarter, reversing a year-ago loss, mainly due to gains from the sale of two commercial buildings in Navi Mumbai. Total income rose to ₹119.01 crore, and the company announced the acquisition of Housing.com for ₹458 crore.
Finance IDBI Bank Q1FY27 Net Profit Rises 3.3% to Rs 2,007 Crore on Lower Provisions Despite Weaker Operating Profit
IDBI Bank's standalone net profit for Q1 ended June 30, 2026 rose 3.3% year-on-year to Rs 2,007.36 crore, aided by a write-back of provisions of Rs 179.46 crore. Net interest income fell marginally while non-interest income dropped sharply, leading to a 28.1% decline in operating profit. Asset quality remained stable with gross NPAs at 2.30%.
Finance Punjab National Bank Q1 net profit surges 213% to Rs 5,253 crore on lower tax outgo
Punjab National Bank (PNB) posted a standalone net profit of Rs 5,253 crore for the quarter ended June 30, 2026, a 213.6% jump from Rs 1,675 crore a year earlier. The surge was aided by a steep 66.1% decline in tax outgo, even as non-interest income fell 17.7%. Asset quality improved with gross NPA ratio falling to 2.78% from 3.78%.
Finance HDB Financial Services Reports 38% Jump in Q1 Net Profit to Rs 785 Crore
HDB Financial Services reported a 38.3% year-on-year increase in net profit to Rs 785.2 crore for the June 2026 quarter. The growth was driven by a 20% rise in net interest income to Rs 2,508.7 crore, with stable credit costs and contained funding costs. Non-interest income grew modestly while treasury gains declined.
Finance Bank of Maharashtra Net Profit Surges 27% to Rs 2,023 Crore on Higher Interest Income and Improved Asset Quality
Bank of Maharashtra posted a 27% year-on-year increase in net profit to Rs 2,023 crore for Q1FY27, underpinned by higher net interest income and non-interest income. The bank's gross NPA ratio improved to 1.45% from 1.74%, while the board approved raising up to $500 million through bond issuances. Managing director Nidhu Saxena noted a focus on margin-conscious growth and an aspiration to mobilise FCNR(B) deposits by September 30.
Business Bayer CropScience Q4 Profits Rise 13% Amid Revenue Growth
Bayer CropScience Ltd reported a 13% increase in Q4 profits to ₹162 crore, supported by a 5% rise in revenues to ₹1100 crore. The company remains focused on sustainable growth despite market challenges.