ONTIC FINSERVE LTD Q2 RESULTS
![India Inc feels the pinch! Earnings downgrades in Q1 highest since June ’20](https://img.etimg.com/thumb/msid-112639046,width-100,height-75,resizemode-4/markets/stocks/news/india-inc-feels-the-pinch-earnings-downgrades-in-q1-highest-since-june-20.jpg)
India Inc feels the pinch! Earnings downgrades in Q1 highest since June ’20
Corporate India's June quarter earnings expectations hit a low not seen since the immediate aftermath of the Covid shutdowns. The upgrade-to-downgrade ratio fell to 40%, reflecting a slowdown in demand, with 393 companies facing downgrades and 247 companies seeing upgrades. Analysts expect the earnings situation to improve from September 2024 onward.
![Satin Credit care Q1 Results: Net profit up 20% at Rs 105 crore](https://img.etimg.com/thumb/msid-112172446,width-100,height-75,resizemode-4/markets/stocks/earnings/satin-credit-care-q1-results-net-profit-up-20-at-rs-105-crore.jpg)
Satin Credit care Q1 Results: Net profit up 20% at Rs 105 crore
Microfinance company Satin Credit care Network's consolidated net profit for the June quarter stood at Rs 105 crore against Rs 88 crore in the year ago period, reflecting a 20% year-on-year rise, despite a muted quarter and higher delinquencies.
![Cautious investors reap Rs 3.2 lakh crore even as Sensex, Nifty extend losses to 4th session](https://img.etimg.com/thumb/msid-111988577,width-100,height-75,resizemode-4/markets/stocks/news/cautious-investors-reap-rs-3-2-lakh-crore-even-as-sensex-nifty-extend-losses-to-4th-session.jpg)
Cautious investors reap Rs 3.2 lakh crore even as Sensex, Nifty extend losses to 4th session
In a continuation of post-Budget blues, the BSE Sensex fell 280 points to settle at 80,149 and the broader NSE Nifty declined 65 points to end at 24,413. From the Sensex stocks, Bajaj Finserv, Bajaj Finance, HUL, Adani Ports, SBI, and Axis Bank were the top laggards, falling 1-2.5%. On the other hand, Tech Mahindra, NTPC, Tata Motors, Sun Pharma, Power Grid and Asian Paints closed in the green.
![Bajaj Finserv Q1 Results: Cons PAT rises 10% YoY to Rs 2,138 crore; total income jumps 35%](https://img.etimg.com/thumb/msid-111979830,width-100,height-75,resizemode-4/markets/stocks/earnings/bajaj-finserv-q1-results-cons-pat-rises-10-yoy-to-rs-2138-crore-total-income-jumps-35.jpg)
Bajaj Finserv Q1 Results: Cons PAT rises 10% YoY to Rs 2,138 crore; total income jumps 35%
In the quarter ended June 2024, Bajaj Finserv's consolidated profit after tax (PAT) rose by 10% year-on-year (YoY) to Rs 2,138 crore, while its total income increased by 35% YoY to reach Rs 31,480 crore. Excluding the large tender-driven crop and government health businesses, growth was robust at 22%. Its profit after tax increased by 39%.
![GIFT Nifty signals a negative start for D-Street. Here's the trading setup for today's session](https://img.etimg.com/thumb/msid-111973552,width-100,height-75,resizemode-4/markets/stocks/news/gift-nifty-signals-a-negative-start-for-d-street-heres-the-trading-setup-for-todays-session.jpg)
GIFT Nifty signals a negative start for D-Street. Here's the trading setup for today's session
Markets initially slumped but recovered on Budget day. Gift Nifty fell 60 points. Rajesh Bhosale observes an overbought market. India VIX dropped 17.43%. GNFC, India Cements, SAIL are in F&O ban. Rupee hit record lows, FIIs were net sellers, DIIs net buyers. Crude prices rose, and global indices fluctuated. Bullish reversal pattern anticipated in Nifty.
![Profit booking or another record high in Nifty this week? Track these 5 factors](https://img.etimg.com/thumb/msid-111725601,width-100,height-75,resizemode-4/markets/stocks/news/profit-booking-or-another-record-high-in-nifty-this-week-track-these-5-factors.jpg)
Profit booking or another record high in Nifty this week? Track these 5 factors
After six consecutive weeks of gains, the Nifty is experiencing mixed signals due to the anticipation surrounding the upcoming Budget and the ongoing earnings season. The Sensex managed to end the week 0.65% higher, while the BSE Smallcap index saw a slight decline of 0.26%. The June quarter earnings season began this week, and FII inflow into D-St crossed the Rs 15,000 crore mark in June.
- Go To Page 1
Bajaj Finance shares jump over 7% as RBI lifts curbs in less than 6 months
Bajaj Finance Shares Price: Bajaj Finance's shares soared 7.5% on BSE following RBI's decision to lift restrictions on key customer acquisition products. Analysts foresee positive outcomes with improved growth visibility and potential profit CAGR.
RBL Bank Q4 results: Standalone PAT jumps 30% YoY to Rs 353 crore
RBL Bank Q4 results: RBL Bank posted a 30% increase in net profit, reaching Rs 353 crore for the quarter ending March 31, 2024, compared to Rs 271 crore recorded in the same period last year. Additionally, the profit after tax (PAT) surged by 51% sequentially, rising from Rs 233 crore in the October-December quarter.
Shriram Finance Q4 Results: PAT jumps 49% YoY to Rs 1,946 crore, NII rises 20%
Shriram Finance announced a final dividend of Rs 15 per share which will be paid to eligible shareholders before August 28. While the profit figure was close to the Street estimates, NII was above expectations.
Bajaj Finserv Q4 Results: PAT jumps 20% YoY to Rs 2,119 crore
Bajaj Finserv Q4 Results: Consolidated total income for the March quarter stood at Rs 32,042 crore as against Rs 23,625 crore a year-ago, an upside of 36% YoY.
Sensex, Nifty set to rise for 6th session in a row led by gains in Tech Mahindra
Indian benchmark indices rose led by various sectors and specific stocks. Sensex and Nifty50 gained momentum, with positive outlooks from experts and global markets. Tech Mahindra showed significant growth post Q4 profits rise.
GIFT Nifty up 25 points; here's the trading setup for today's session
Notwithstanding FIIs outflows, India's strong growth prospects and hopes of a majority win for the ruling party in the upcoming elections has been drawing a lot of domestic investors to take exposure to equities, Tapse said.
Q4 results this week: HDFC Bank, Infosys, Wipro among 61 companies that'll announce earnings
Q4 results: Apart from the IT majors Wipro and Infosys, leading financial companies HDFC Bank and Jio Financial will also report their quarterly earnings during the week.
Sensex surges over 500 points to fresh peak; Nifty above 22,650
Domestic benchmark indices hit new highs with Nifty leading the gains. Energy, metals, and realty sectors shine, while IT companies' performance remains crucial.
Sensex closes flat after volatile session, Nifty below 22,450
Nestle India was the top Sensex laggard, falling 2.6% on worries over earnings growth in the sector. NTPC, Tech Mahindra, TCS, and Bharti Airtel ended with gains.
Q3 results today: Maruti, Sun Pharma, Dabur among 113 companies to announce earnings
Sun Pharmaceuticals and Maruti Suzuki India are among the companies declaring their Q3FY24 earnings. Maruti Suzuki India is expected to report healthy revenue growth, while Sun Pharmaceuticals may see moderate revenue growth.
Bajaj Finserv Q3 Results: Cons PAT rises 21% YoY to Rs 2,158 crore, income grows 34%
Bajaj Finserv Q3 Results: The strong earnings growth was backed by a robust show by the arm Bajaj Finance Ltd.
Q3 results this week: ITC, Adani Ports, Bajaj Finance, IndiGo, SBI, Tata Motors and others
ITC, Bajaj Finance, NTPC, Adani Green Energy, Bharat Electronics, Punjab National Bank, GAIL, Bharat Petroleum, Corporation, Vodafone Idea, Marico, Petronet LNG, Nippon Life India Asset Management, Tata Investment Corporation, Piramal Enterprises, R R Kabel, Aditya Birla Sun Life AMC, Maharashtra Seamless, Nuvoco Vistas Corporation, Godfrey Phillips India, among others will report their December quarter numbers on Jan 29
US Fed meet, Interim Budget, Q3 results among 9 factors to keep D-Street busy this week
US Fed meeting, corporate earnings, Budget, and several IPOs are likely to impact Dalal Street investors this week. “Going forward, global market factors like the policy rate decisions of major countries will affect the market, and markets are likely to witness stock-specific actions during the ongoing earnings season,” said Vinod Nair, Head of Research, Geojit Financial Services.
Bajaj Finserv Q2 Results: Net profit jumps 24% YoY to Rs 1,929 crore; revenue rises 25%
Against the backdrop of upbeat macroeconomic conditions, Bajaj Finserv said its subsidiaries recorded a strong operating performance in the second quarter. Bajaj Finance, in which Bajaj Finserv holds a 52.4% stake, recorded 28% growth in its consolidated net profit at Rs 3,551 crore, led by robust AUM growth, higher net interest income, and better asset performance.
Q2 results this week: RIL, Axis Bank, Tech Mahindra, Maruti, PNB and others
On Monday, Torrent Pharmaceuticals, Lloyds Metals & Energy, PNB Housing Finance, Alok Industries, Mahindra Holidays & Resorts India, Kewal Kiran Clothing, Mahindra Logistics, New Delhi Television (NDTV) results will be out
Q2 results, yield movement, FII flows among 7 factors likely to hog Dalal Street this week
Indian benchmark indices ended the week with a net loss of over 1% due to factors such as rising US bond yields, firm crude oil prices, and weak earnings from IT companies. The upcoming week is expected to be volatile as several companies are set to release earnings and the October derivatives expiry is due. The Nifty 50 may trade within a range of 19,300 to 19,850, with the potential for a significant move in either direction
Satin Creditcare Network Q1 Results: Standalone net rises 43% to Rs 86 crore
Satin said it's the company's highest ever first quarter profit in the past five years
Ad sales rebound boosts Meta’s Q2 earnings; bumper listing for Netweb Technologies
A bounceback in the digital ads business has helped Meta Platforms beat market expectations with a double-digit rise in both revenue and profit in the second quarter. This and more in today’s ETtech Top 5.
Bajaj Finserv Q1 Results: Cons PAT spikes 48% YoY to Rs 1,943 crore; revenue jumps 47%
Its subsidiary Bajaj Finance recorded its highest-ever quarterly increase in customer franchise of 3.84 million and the highest-ever new loans booked of 9.94 million in the June quarter.
Bajaj Finserv Q4 Results: Profit rises 31% YoY to Rs 1,769 crore; total income up 25%
Bajaj Finserv Q4 Earnings: The Board of Directors recommended a dividend of Rs 0.80 per share, which is 80% on face value of Rs 1. The total amount of dividend is Rs 127.43 crore.
Bajaj Finserv Q3 Results: Net profit soars 42% YoY to Rs 1,782 crore
The company's stock was trading up about 2.31% at Rs 1,344.50.
Q3 results this week: L&T, Bajaj Finserv, Sun Pharma, Tech Mahindra, Ashok Leyland and others
Results that will be out on January 30 include Larsen & Toubro, Bajaj Finserv, Tech Mahindra, Bharat Petroleum Corporation, Bajaj Holdings & Investment, GAIL, SRF, Punjab National Bank, REC, Laurus Labs, IIFL Finance, Trident, Exide Industries, Nippon Life India Asset Management, Mazagon Dock Shipbuilders, Welspun as well as Inox Leisure.
Load More