India's Kotak Mahindra Bank Q3 profit rises 10% on higher lending income
India's Kotak Mahindra Bank on Saturday reported a 10% rise in quarterly profit as it boosted lending, although provisions for potential bad loans surged.
Kotak Mahindra Bank Q3 Results: Profit rises by 10.23% YoY to Rs 4701.02 crore, NII at Rs 7196 crore
Kotak Mahindra Bank posted Net Interest Income (NII) for Q3 at Rs 7,196 crore, up 10 per cent from Rs 6,554 crore in Q3FY24.
Kotak Mahindra Bank Q3 net profit rises 10% at ₹4,701 crore
Kotak Mahindra Bank on Saturday reported a 10.22 per cent rise in its December quarter consolidated net profit to ₹4,701 crore. The lender had reported a net profit of ₹4,265 crore in the year-ago period and ₹5,044 crore in the preceding September quarter.
India's Tech Mahindra bets on 2025 after weak telecom segment weighs on Q3
Indian software services provider Tech Mahindra reported lower-than-expected third-quarter revenue on Friday on weak demand in its mainstay telecom segment.
Kotak Mahindra Bank Q3 Results: Net profit rises from last year, NII up 10%
NII or Net Interest Income rose 10% on a year-on-year basis to ₹7,196 crore. This figure was higher than CNBC-TV18's poll of ₹7,147.7 crore. Shares of Kotak Mahindra Bank Ltd. ended 2.58% lower on Friday ahead of reporting its results for the December quarter.
Kotak Mahindra Bank Q3 results: Net profit rises 10% YoY to Rs 4701.02 crore, NII up 10%
Kotak Mahindra Bank on January 18 reported a 10 percent on-year rise in its net profit to Rs 4,701.02 crore in the third quarter of financial year 2025. Gross non-performing asset (NPA) ratio was 1.51 percent as on December 31, 2024, as compared to 1.48 percent as on September 30, 2024, and 1.68 percent on December 31, 2023.
India's Tech Mahindra misses Q3 revenue view on telecom weakness
MUMBAI/BENGALURU (Reuters) -Indian software services provider Tech Mahindra reported lower-than-expected third-quarter revenue on Friday on weak demand in its mainstay telecom segment. The company's revenue rose 1.
Wipro, Tech Mahindra revenue shrinks in Q3
Both Wipro and Tech Mahindra reported client slippages, with the number of active clients declining on a yearly and sequential basis for both the companies. Another similarity is
Tech Mahindra Q3 results: Profits Rises 93% To Rs 983 Crore
IT and Consulting giant firm, Tech Mahindra announced the Q3 results ending on December 31, 2024. The company held the meeting today. “approved the Audited Consolidated and Standalone Financial Result
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Proudest of them for this feature: Anand Mahindra reacts to praise for safety in BE 6 and XEV 9e
Mahindra`s BE 6 & XEV 9e electric SUVs achieve top Bharat-NCAP safety ratings, setting new benchmarks for safety and ...
Mahindra & Mahindra underperforms Friday when compared to competitors
Mahindra & Mahindra Ltd. 500520 shares dropped 2.11% to 2,917.95 Indian rupees Friday, on what proved to be an all-around ...
Mahindra BE 6 secures full 5-star crash test rating by Bharat NCAP
Bharat NCAP tested the top-spec Pack Three variant of the Mahindra BE 6, equipped with a 79kWh battery pack. The report ...
Land sale gain lifts Tech Mahindra net profit 92% higher
Profit was driven by a one-time land sale gain, rupee depreciation and improved rate of deal wins in its key verticals of ...
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Tech Mahindra Opens Cutting-Edge Manufacturing Experience Centre in Chennai
Tech Mahindra launched a Manufacturing Experience Centre in Chennai to help manufacturers prototype and scale AI innovations.
Tech Mahindra to deliver wage hikes in Q4, adverse margin impact likely
Ahead of Tech Mahindra's Q3 results, the market was eagerly anticipating updates on the company's wage hike timeline. The ...