Operating Profits

Going by India Inc's surge in profit growth in the first three months of the year, however, the outlook really does seem to be brightening, as benefits feed through from lower interest rates and government spending in infrastructure and defence.

UK biz a concern; see margins at 26%: Prime Focus

Vikas Rathee, group chief financial officer, Prime Focus says the company's depreciation and amortization (D&A) charges were high due to a negative acquisition.

Confident of higher NIMs, net profit in Q4: Vijaya Bank

The bank expects Rs 800 crore of recovery/upgradation in fourth quarter, said Kishore Sansi, MD & CEO of Vijaya Bank.

Slippages likely to reduce to Rs 1000cr in Q2: Central Bank

MV Tanksale, CMD, Central Bank of India says that although the slippages in Q1 were huge, to the extent of Rs 2400 crore they expect them to come down below Rs 1000 crore in Q2.