The company, known for brands like Jim Jam and NutriChoice, saw EBITDA grow 2.9 percent to Rs 844.9 crore from Rs 821.1 crore, while margins declined to 18.4% from 19.3 percent YoY.
SBI Q3 results: The bank's net interest income rises 4% to Rs 41,446 crore; asset quality improves
The bank saw tepid business growth, a fall in net interest margin, and a higher slippage to NPAs in Q3
Q3 Results 2025 Live: The infrastructure space will see updates from IRB Infra and Inox Wind, while investment firm Nuvama is also on the list of companies reporting their financial performance for the quarter.
Kumar further said that the bank has tightened the underwriting standards, risk metrics and making the collection very strong, in the products where the industry is seeing higher delinquencies.
Revenue grew by 4.1 percent YoY to Rs 460.9 crore, up from Rs 442.6 crore, showcasing steady operational growth. However, EBITDA saw a slight dip, declining 2.3 percent YoY to Rs 384.6 crore, compared to Rs 393.6 crore in Q3 FY24.
The net premium income of the insurer came in at Rs 12,261.37 crore, up 24 percent from Rs 9,929 crore in the year-ago quarter
In absolute terms, gross NPA of the bank stood at Rs 7,218.17 crore as on December 31, 2024, as compared to Rs 6,834.74 crore as on September 30, 2024.
Sequentially, net profit fell 85 percent.
On sequential basis, net profit rose 4.39 percent.
Axis Bank earned interest income of Rs 30,954 crore for the fiscal third quarter of 2025, rising 11 percent from Rs 27,961 crore posted in the year-ago period.
Profit after tax of state-owned and private banks are expected to grow in the range of 10-70 percent in Q3FY25. Some banks are expected to report a fall.
The current volatility presents an opportunity to add the stock to ride the technology upcycle
It registered a significant decline from the September quarter of FY25, when it reported a profit of Rs 423.3 crore, the exchange filing showed
GST Portal News Live: Taxpayers seek deadline extension after GSTR-1 filing suffers tech glitch - Check details
TCS Q3 Results: AI is creating more jobs. There are going to be job shifts, nature of jobs are changing, says Tata Consultancy Services' CEO K Krithivasan.
Investors should exercise patience and buy the long-term India story at a more reasonable valuation on correction
The Pawan Munjal-led company registered an 11 percent year-on-year increase in revenue at Rs 10,463 crore
Eicher Motors Q2 FY25 Results: The Royal Enfield-bike maker was expected to report robust revenue and sales growth in double digits, helped by healthy exports.