HDFC Life: Q3 results: The Company’s December quarter earnings reported new business premium margin of 26.8 percent. Company also reported 15.2% growth in net income.
HDFC Bank: The Company reported a net profit of *12,259.50 crore in Q3FY23 against Q3FY22 net profit of ₹10,342.20 crore, 18.5% year on year rise in recently ended December 2022 quarter.
Kotak Mahindra Bank: Kotak Mahindra Bank reported 31% rise in its standalone profit after tax (PAT) at Rs 2,792 crore in the December quarter. The net interest income (NII) rose 30% YoY to Rs 5,653 crore.
ICICI Bank: The company has reported net profit of *8,311.85 crore in Q3 of the current fiscal compared to a profit of 26,193.81 crore last year, PAT rose by 9.97%
IDFC First Bank: The bank’s net profit for the third quarter of FY23 rose by 115% year on year, from Rs. 281 crore to Rs. 605 crore in Q3-FY23.
Ultratech Cement: The company has reported a 38% fall in net profit which stood at Rs 1062.58 crore against Rs 1,710.14 crore previous year.
SBI Life: The company has reported a 17% decline in net profit year on year, 19% decline quarter on quarter. Net premium income up by 6% year on year.
Yes Bank: The company has reported a drop in net profit of 81% year on year and rise in net interest income of 12% year on year.
Reliance Industries: Company’s net profits was down year on year by 15%, interest and depreciation rose as the company undertook expansion in telecom and retail business.