PMC FINCORP LTD Q1 RESULTS
![Q1 Results Today: What to expect from HDFC Bank and Kotak Bank’s earnings](https://img.etimg.com/thumb/msid-111878740,width-100,height-75,resizemode-4/markets/stocks/news/q1-results-today-what-to-expect-from-hdfc-bank-and-kotak-banks-earnings.jpg)
Q1 Results Today: What to expect from HDFC Bank and Kotak Bank’s earnings
HDFC Bank's Q1 FY25 financial results are likely to be less impressive than the previous quarter, primarily due to slower deposit growth. The merger with HDFC Ltd. makes year-over-year comparisons irrelevant. Loan growth is also expected to moderate, impacting net interest income. While the bank navigates the challenges of integration and a tougher economic environment, its profitability might see a minor dip in this quarter.
![Q1 results today: Asian Paints, LTIMindtree among 22 companies to announce earnings on Wednesday](https://img.etimg.com/thumb/msid-111798301,width-100,height-75,resizemode-4/markets/stocks/earnings/q1-results-today-asian-paints-ltimindtree-among-22-companies-to-announce-earnings-on-wednesday.jpg)
Q1 results today: Asian Paints, LTIMindtree among 22 companies to announce earnings on Wednesday
A total of 22 companies, including Asian Paints and LTIMindtree, will announce their first quarter results. Analysts predict revenue growth and profit increases for both companies. Investors are advised to keep an eye on key performance indicators and market commentary.
![Q1 results this week: RIL, Paytm, Infosys, Jio Financial among 418 companies to announce quarterly earnings](https://img.etimg.com/thumb/msid-111724938,width-100,height-75,resizemode-4/markets/stocks/earnings/q1-results-this-week-ril-paytm-infosys-jio-financial-kotak-mahindra-bank-and-yes-bank.jpg)
Q1 results this week: RIL, Paytm, Infosys, Jio Financial among 418 companies to announce quarterly earnings
Several widely followed companies, including Jio Financial, Paytm, Bajaj Auto, Asian Paints, LTIMindtree, Infosys, Reliance Industries, Wipro, Union Bank of India, Kotak Mahindra Bank, Tanla Platform, Tata Technologies, and YES Bank, will be releasing their June quarter report cards this week.
![Q4 results this week: Adani group to lead as 211 companies will declare earnings](https://img.etimg.com/thumb/msid-109664234,width-100,height-75,resizemode-4/markets/stocks/earnings/q4-results-this-week-adani-group-to-lead-as-211-companies-will-declare-earnings.jpg)
Q4 results this week: Adani group to lead as 211 companies will declare earnings
With 211 companies announcing quarterly results this week, investors are particularly watching out for major names like Kotak Mahindra Bank, DMart, Ultratech Cement, Indian Oil, and many others across various industries.
![NBFCs record strong growth led by retail loans](https://img.etimg.com/thumb/msid-109044123,width-100,height-75,resizemode-4/markets/stocks/news/nbfcs-record-strong-growth-led-by-retail.jpg)
NBFCs record strong growth led by retail loans
NBFCs experience strong growth in retail loans. Poonawalla Fincorp and L&T Finance record highest-ever disbursements. M&M Finance shows asset growth and high collection efficiency. Poonawalla Fincorp CEO to be replaced.
![ETMarkets Management Talk | Poonawalla to launch co-branded card in Q4, says MD Abhay Bhutada](https://img.etimg.com/thumb/msid-107003495,width-100,height-75,resizemode-4/markets/expert-view/etmarkets-management-talk-poonawalla-to-launch-co-branded-card-in-q4-says-md-abhay-bhutada.jpg)
ETMarkets Management Talk | Poonawalla to launch co-branded card in Q4, says MD Abhay Bhutada
Poonawalla Fincorp plans to launch co-branded credit cards this quarter after receiving approval from the RBI. The credit cards will complement their existing product basket and make them an active participant in the payment ecosystem. The strategy for the credit card business includes offering it to their existing customer base and using it as a bundled offering for new customer onboarding. Poonawalla Fincorp aims to be embedded in the payments ecosystem and be a part of their customers' daily routine.
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Paytm Q3 loss narrows to Rs 222 crore; firm to focus on large-ticket loans
Paytm's revenue from operations for the December quarter increased 38% to Rs 2,850.5 crore. Paytm said the increase in revenue was on the back of accelerated growth in gross merchandise value, payments device additions and an expansion in the financial services business.
Q3 results today: IndusInd Bank, Polycab among 42 companies to announce earnings
Q3 results today: Lender IndusInd Bank will announce its Q3 earnings along with 41 companies. Investors will closely watch the results of this fifth-largest private bank following HDFC Bank's unimpressive results. Other notable companies to track include Indiamart InterMesh, Mastek, Metro Brands, Polycab, Home First Finance Company, Poonawalla Fincorp, South Indian Bank, Shoppers Stop, and Tata Communications.
Q3 earnings, global cues, FII flows among 8 factors to set trajectory for D-Street this week
In the coming week, the trajectory of domestic equities will be influenced by Q3FY24 earnings, including those of HDFC Bank and Reliance Industries. Global markets, corporate actions, and fund flows will also play a significant role. Investors will closely monitor the movement of global equities, particularly in China and Taiwan. Key macro-economic data to watch includes consumer price inflation in the UK and the US Fed's Beige Book.
L&T could remain a market leader; Bajaj Finance may see sell-on-news: Dipan Mehta
L&T could remain a stock market leader and outperformer, especially after the buyback, according to Dipan Mehta from Elixir Equities. Bajaj Finance is expected to have a solid quarter, but the stock price may not rally due to a sell-on-news syndrome, and the company faces new challenges such as Piramal Enterprises, Poonawalla Fincorp, and Jio Finance. Despite a historic earnings report, Delta Corp’s outlook is tricky with uncertainty surrounding the 28% levy on all gambling revenues.
Q1 results this week: Tata Steel, L&T, Axis Bank, Bajaj Finance, Tech Mahindra, Tata Motors, and others
Larsen & Toubro (L&T), Asian Paints, Tata Motors, Bajaj Auto, SBI Life Insurance Company, Jubilant FoodWorks, KPIT Technologies, Dixon Technologies, Suzlon Energy, among others will report Q1 results on July 25
Is sticking to largecaps a better option in earnings season? 4 stocks with potential to rise up to 27%
On the list is an insurance major which after coming under pressure post budget has seen an up move, on the score it has moved from negative side to neutral one. Also on the list is a company from Adani group, it gets maximum coverage from analysts and has moved from negative to neutral territory score. These companies have come on the list because their scores have inched up and also their prices have moved up in the last one month. ET screener powered by Refinitiv’s Stock Report Plus applies different algorithms & filters to all BSE and NSE stocks, and lists down stocks which fulfill the various criteria as specified into the algorithms & filters.
Poonawalla Fincorp and Bajaj Finance are top picks from NBFC sector for FY24: Siddhartha Khemka
Demand for business loans has skyrocketed with a healthy credit cycle, while demand for mortgages has seen some transfer. Diversified lenders such as BAF, Poonawalla, LTFH, and non-vehicle segments are expected to show healthy results. HDFC Bank, ICICI Bank, Tata Capital, Yes Bank, Faircent, L&T Finance and AB Capital have adopted an aggressive stance to grow their loan book across product segments. Commission payouts offered by different lenders for a particular product are not significantly different. Rural areas in Rajasthan have a history of lower delinquencies. Poonawalla Fincorp and Bajaj Finance have been deemed as a buy with potential for increase in value.
Sticking to largecaps a better option in Q4 earnings season? 6 stocks with potential to rise up to 30%
On the list is the auto major, which after many quarters has shown improvement on all counts. Also coming on the list is a finance company which after the recent change in ownership has been expanding into new areas after shedding its housing finance business. These companies have come on the list because their scores have inched up and also their prices have moved up in the last one month. ET screener powered by Refinitiv’s Stock Report Plus applies different algorithms & filters to all BSE and NSE stocks, and lists down stocks which fulfill the various criteria as specified into the algorithms & filters.
Poonawalla Fincorp Q4 Results: PAT jumps 103% YoY to Rs 181 crore, dividend declared of Rs 2/share
The Board of Poonawalla Fincorp has recommended a dividend of Rs 2 per share (100% of face value) for FY23, subject to shareholders’ approval, the company said in an exchange filing.
Poonawalla Fincorp shares climb 6% after Q3 profit jumps 88% YoY
The company's return on assets (RoA) also surged to the highest-ever, at 4.50%, in the third quarter of 2022, a press release said. This marked a surge of 158 basis points YoY and 46 basis points as compared to the last quarter.
Corporate Radar: Universus Photo to trade ex-dividend, Anjani Foods stock split; RIL, Bajaj Finserv earnings & more
Other than quarterly results, Garware Technical shall consider the buyback of shares. Vodafone Idea’s board will meet for a preferential share issue. Hardwyn’s board will meet for amalgamation.
Corporate Radar: Ruchira Papers to trade ex-bonus; TCS earnings & more
Further, a couple of board meetings including that of Easy Trip, Eighty Jeweller, Gita Renewable, Medico Intercontinental, Khyati Multimedia, Mirch Tech, Regency Fincorp, Vegetable Products, Garnet International will be held today.
Corporate Radar: Clean Science to turn ex-dividend; HDFC, Sun Pharma Q1 results; Biocon, DRL AGMs & more
Shares of ABM Knowledgeware (Rs 1.25 per share), MRF (Rs 144 per share), Praj Industries (Rs 2.7 per share), Hawkins Cookers (Rs 60 per share) and TCI Express (Rs 2 per share) had announced final dividend. The stocks went ex-dividend on Wednesday.
Poonawalla Fincorp Q1 Results: Profit jumps 117% YoY to Rs 141 crore
Net interest margin for the quarter rose 155 basis points to 9.5% against what it was a year back. Assets under management grew 22.4% year-on-year to Rs 17,660 crore.
Corporate Radar: Brigade to turn ex-dividend; Axis Bank, Tata Steel Q1 results; AGMs and more
Shares of Bombay Oxygen Investments (Rs 20 per share), Brigade Enterprises (Rs 1.5 per share), DCM Shriram Industries (Re 0.5 per share), Deepak Nitrite (Rs 7 per share), Graphite India (Rs 10 per share), Kamdhenu (Re 1 per share), Sharda Cropchem (Rs 3 per share) and The Grob Tea Company (Rs 2 per share) are among the companies which will go ex-dividend today.
Q1 results this week: Tata Group companies, HDFC, Maruti Suzuki among top stocks to track
Axis Bank, Tata Steel, Tech Mahindra, Macrotech Developers, Canara Bank, Glaxo, KPIT Tech, Tanla Platforms, IEX, Century Textiles, Anupam Rasayan, Tejas Networks.
Corporate Radar: L&T to turn ex-dividend; Hindustan Zinc, PVR Q1 results & more
Shares of Hindustan Foods, Ontic Finserve, Rajnish Wellness and Shanti Educational Initiatives will go ex-split today. Hindustan Foods and Rajnish Wellness had announced the splitting of shares into face value of Re 2 from the face value of Rs 10 while Ontic Finserve and Shanti Educational Initiatives had announced the splitting of shares into face value of Re 1 from the face value of Rs 10.
Corporate Radar: Dividends, rights issue, bonus, Q4 results & more
HDFC Bank, which had announced a final dividend of Rs 15.5, will go ex-dividend today. Indian Card Clothing company, which had announced a special dividend of Rs 25, will also go ex-dividend today.
NBCC Q2 results: Profit rises 68% to Rs 72 crore
The total income rose to Rs 1,960.91 crore in the second quarter of this fiscal from Rs 1,426.27 crore in the year-ago period, according to a regulatory filing.
Poonawalla Fincorp's net profit jumps 153% to Rs 96 cr
Its total income during July-September 2021, however, fell nearly 15 per cent to Rs 513 crore, against Rs 603 crore in the year-ago period, Poonawalla Fincorp said in a regulatory filing.
The week that was in 10 stocks: Sugar stocks zoomed up to 35%, Venky's soared 28%
In the BSE 500 index, about 320 stocks ended the week on a positive note, while the rest closed with cuts. Over 20 counters registered double-digit gains during the week gone by.
Centrum Capital reports loss of Rs 42 cr in FY21
Centrum Capital scrip closed at Rs 47.50 apiece on BSE, down 9.95 per cent.
Magma Fincorp Q4 loss widens to Rs 648 cr
For the full year 2020-21, the non-banking lender reported a loss of Rs 558.96 crore as against a profit of Rs 27.05 crore in 2019-20.
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