Canara Bank Q4 results: Net profit up 18% on retail growth, fall in provisions

CEO K Satyanarayana Raju said the bank expects to deliver 11-12% loan growth in the current fiscal year despite conscious efforts to shed low-yielding corporate loans.

Economic Times 

BSE Q4 results: Net profit at Rs 106.9 crore

Net profit in FY24 jumped 275.3% (including profit from the CDSL stake sale) and revenue from operations rose 70.4% from last year. BSE declared a dividend of ₹15 per share.

Economic Times 

Citigroup sells Voda Idea shares worth Rs 234 crore

Citigroup Global Markets Mauritius disposed of 19,04,25,000 shares of Vodafone Idea, as per BSE data. The shares were disposed of at an average price of 12.27 apiece, taking the transaction value to 233.65 crore.

Economic Times 

Tata Power's FY25 Capex Set At Rs 20,000 Crore For Green Energy Push

The company will fund the capex through internal accruals and some debt.

Bloomberg Quint 

Piramal Enterprises Q4 Profit Rises To Rs 137 Crore

PEL also announced its merger into subsidiary company Piramal Capital and Housing Finance to meet the RBI requirement.

Bloomberg Quint 

Kirloskar Oil Engines Q4 Results: Net Profit Rises 26% To Rs 128 Crore

Its net sales during the quarter under review rose 21% to Rs 1,378 crore from Rs 1,141 crore a year ago, the company said.

Bloomberg Quint 

Esaf Small Finance Bank Q4 Results: Net profit plunges 57% YoY to Rs 43 crore

The bank's operating profit was 30% higher at Rs 285 crore against Rs 219 crore but provisions and contingencies at Rs 226 crore against Rs 82 crore pulled the net profit down.

Economic Times 

India Shelter Finance Corporation Q4 Results: Net profit soars 47% YoY to Rs 78 crore

The mortgage lender, which got its shares listed on December 20 last year, said its assets under management rose to Rs 6084 crore at the end of March. The company, which is active in the affordable housing space, operates out of 223 branches in 15 states.

Economic Times 

Sula Vineyards Q4 net profit falls 4.85% to Rs 13.55 cr

The company had posted a consolidated net profit of Rs 14.24 crore in the same quarter a year ago, Sula Vineyards said in a regulatory filing

Moneycontrol 

BSE declares dividend of Rs 15 per share, sets record date

Shares of companies usually trade ex-dividend on the day or a day before the record date. When a company goes ex-dividend on a particular date, its stock does not carry the value of the next dividend payment. An ex-dividend date also dictates which shareholders are eligible to receive the dividend payment.

Economic Times 

SBI Q4 Preview: Profit may fall 24% YoY; NII seen flat

Net profit for the fourth quarter is likely to drop 24% year-on-year, according to an average estimate of five brokerages.

Economic Times 

Canara Bank Q4 results: Net profit up 18% on retail growth, fall in provisions

CEO K Satyanarayana Raju said the bank expects to deliver 11-12% loan growth in the current fiscal year despite conscious efforts to shed low-yielding corporate loans.

Economic Times