Bank of Baroda Q1FY24 proft rises 87.7% on growth in net interest income

Public sector lender Bank of Baroda’s net profit rose by 87.7 per cent on a year-on-year (YoY) basis at Rs 4,070 crore in quarter ended June 2023 (Q1FY24) on robust growth in net interest income as well as non-interest income. Sequentially, the public sector lender’s profit went down from Rs 4,775 crore in… Continue reading Bank of Baroda Q1FY24 proft rises 87.7% on growth in net interest income

Maruti’s share in parent Suzuki’s revenues reached highest ever in Q1FY24

Maruti Suzuki Jimny: Banking on Gypsy’s legacy to take on the SUV challenge Maruti Suzuki Q4 net profit up 42.6%; firm declares dividend of Rs 90/share More than budget carmaker: Maruti leads Rs 10-20 lakh segment at 23% share Maintaining its small-car dominance, Maruti leads mid-size PV sales in FY23 Maruti Suzuki looking to replicate… Continue reading Maruti’s share in parent Suzuki’s revenues reached highest ever in Q1FY24

Bank of Baroda to report Q1FY24 results on Aug 5; here’s what to expect

Bank of Baroda Q1FY24 results preview: State-owned Bank of Baroda (BoB) is set to report its June quarter (Q1) results for financial year 2023-24 (FY24) on Saturday, August 5. Brokerages, however, remain divided on the quantum of net profit growth, on a year-on-year basis, as provisions and tax outgo may dent earnings. … Continue reading Bank of Baroda to report Q1FY24 results on Aug 5; here’s what to expect

Ambuja Cements Q1FY24 profit up 31% YoY to Rs 1,135 crore, margins expand

Adani Group-owned Ambuja Cement, on Wednesday, reported a 31 per cent year-on-year (YoY) rise in consolidated net profit for the April-June quarter of financial year 2023-24 (Q1FY24). Profit after tax (PAT) for the quarter stood at Rs 1,135.46 crore as against Rs 865.44 crore profit seen in the corresponding quarter of the previous year… Continue reading Ambuja Cements Q1FY24 profit up 31% YoY to Rs 1,135 crore, margins expand