Search result for 'profit decline'

HSBC India's pre-tax profit grew by 11.27% to USD 1.688 billion in 2024, driven by strong performance in global banking and markets. Read more about HSBC's India operations.

Kotak Mahindra Bank reported a 79% jump in Q1 profit, driven by a stake sale in its insurance arm and strong subsidiary performance. RBI restrictions impacted standalone growth.

South Indian Bank shares fell over 5% on Thursday after the lender reported a 13.88% drop in its March quarter net profit to Rs 287.56 crore.

New India Assurance shares plummeted over 15% on Monday after the company reported a decline in net profit for the December quarter. The stock closed at Rs 245.40 on NSE and Rs 246.90 on BSE.

Shoppers Stop shares recovered after an initial drop, ending 1% lower. The decline follows a 41.26% fall in net profit for the third quarter.

Bharti Airtel shares dropped 2% on Wednesday after the company reported a 37.5% year-on-year fall in consolidated net profit for the September 2023 quarter. The decline was attributed to a one-time...