Q2 Result News

The Mukesh Ambani-led conglomerate said its consolidated profit rose to 173.94 billion Indian rupees ($2.09 billion) in the second quarter ended Sept. 30, from 136.56 billion rupees a year earlier. 

As on September 30, Canara Bank’s gross non performing assets (GNPA) and net NPA stood at Rs 43,955.59 crore (Rs 52,485.14 crore) and Rs 12,554 crore (Rs 17,286.13 crore), respectively. The capital adequacy ratio stood at 16.20 per cent as at September 2023.

As per a regulatory filing by Vodafone Idea, the huge loss was due to a one-time loss of Rs 30,774.5 crore the company incurred due to the recent Supreme Court verdict on AGR dues.

Following this, shares of Yes Bank went up by 3.8 percent to Rs 702 at the BSE.

IDBI Bank today said its net profit fell by 38 percent to Rs 118.49 crore in the second quarter ended September 30 in the current financial year on higher employee cost and provisioning.

Public sector Union Bank of India today reported a 78.4 percent rise in net profit at Rs 371.34 crore for the second quarter ended September 30.

Private sector lender Yes Bank has reported 30 percent increase in net profit at Rs 482.54 crore for the quarter ended September 30, 2014 on the back of higher income from fee and other sources.