Onmanorama Lite App
Cochin Shipyard also declared an interim dividend of ₹4 per equity share
CSB Bank reported a 16% increase in Q2 profit, reaching ₹160 crore.
Manappuram also announced an interim dividend of ₹0.50 per equity share of face value ₹2 each.
The bank plans to focus on retail loan growth while remaining cautious on microfinance and personal loans.
Muthoot Finance stock saw a significant surge after reporting strong Q1 earnings and receiving an 'Overweight' rating upgrade from Morgan Stanley.
Despite a modest rise in Net Interest Income, higher provisions significantly impacted the bank's profit for the quarter.
Gross NPA declined to 3.15% this quarter from 4.50% a year earlier.
FY24 loss narrows to Rs 1,422.4 crore
It had posted a net loss of Rs 291.54 crore during the October-December period of preceding 2022-23.
State Bank of India (SBI) had earned a net profit of Rs 14,205 crore in the year-ago period.
Results 1-10 of 12
