Kotak Mahindra Bank on Saturday reported net profit of Rs 3,344 crore in the July-September period (Q2 FY25), up 5 per cent from Rs 3,191 crore in the same quarter last fiscal.
Consolidated profit after tax (PAT) for Q2 FY25 was Rs 5,044 crore, up 13 per cent (year-on-year) from Rs 4,461 crore in the same quarter last year, the bank said in its regulatory filing.
The bank reported net interest income for the quarter to Rs 7,020 crore, from Rs 6,297 crore in Q2 FY24, up 11 per cen...
Kotak Mahindra Bank`s net profit up 4.8 pc to Rs 3,344 crore in Q2
Indian equity indices opened in the red on Monday following weak global cues from asian peers.
At 9:45 a.m., Sensex was at 80,501, down 89 points or 0.11 per cent and Nifty was down 26 points or 0.12 per cent, at 24,504.
Buying is seen in the smallcap and midcap stocks. The Nifty smallcap 100 index is up 62 points or 0.34 per cent at 18,460 and the Nifty midcap 100 index is 124 points or 0.22 per cent at 56,032.
UltraTech Cement, Infosys, NTPC, Nestle, Power Grid, HDFC Bank, Po...
Sensex trades lower on weak global cues
Indian equity indices opened at record high on Wednesday following a rally in the banking stocks. Sensex and Nifty made a new all-time high of 80,039 and 24,292 respectively.
The Broader market remains positive. On the National Stock Exchange (NSE), out of the total, 1573 were in the green and 628 in the red.
At 9:47 a.m., Sensex was at 80,008, up 567 points and 0.71 per cent and Nifty was at 24,290, up 164 points or 0.68 per cent.
Banking stocks are leading the rally. Nifty Ba...
Sensex crosses 80,000 for first time, banking stocks lead rally
Indian frontline indices opened in green on Thursday following positive global cues.
At 9:50 am, Sensex was up 375 points, or 0.50 per cent, at 74,724. Nifty was up 105 points or 0.47 per cent, at 22,725.
Overall market trends remain positive. Out of the total stocks, 1949 are trading in green and 209 in red.
Midcap and smallcap stocks are trading with positive bias. The Nifty midcap 100 index is up 1,022 points or 1.99 per cent, at 52,285 and the Nifty smallcap 100 index is up...
Sensex trades higher on positive global cues
Indian frontline indices Sensex and Nifty opened in the red, following negative global cues from US and Asian peers.
At 9:45 a.m., Sensex was trading 139 points or 0.19 per cent lower at 73,865 points and Nifty was down 25 points or 0.11 per cent, at 22,476 points.
Nifty Midcap 100 was down 84 points or 0.16 per cent, at 51,784 points and Nifty Small 100 was down 35 points or 0.21 per cent, at 16,975 points.
In early trade, the India Volatility Index (India VIX) was up 7.21 per...
Sensex slips 139 points on negative global cues
Full-stack biofuels company GPS Renewables on Tuesday said that it raised $50 million (about Rs 411.5 crore) in debt financing from leading private and public sector banks, as well as prominent NBFCs (Non-Banking Financial Companies).
Punjab National Bank, HDFC, Yes Bank, HSBC Bank, Kotak Mahindra Bank, ICICI Bank, Citibank, Vivriti Capital, Northern Arc, Spark Capital, Tata Capital and SIDBI were the institutions that participated in the current financing round.
"To further accele...
Biofuels firm GPS Renewables raises $50 mn from private, public sector banks
