BANKING & FINANCE
ICICI Bank Q1 Net Profit Rises 16% To ₹14,805 Cr; Provisions See Decline
ICICI Bank reported a 15.9% year-on-year increase in standalone profit after tax (PAT) to ₹14,805 crore for the first quarter of FY27, driven by healthy growth in net interest income, strong fee income and sustained expansion in its loan portfolio. The private sector lender had posted a net profit of ₹12,768 crore in the corresponding […]
CW Bureau
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Jul 18, 2026
BANKING & FINANCE
Kotak Mahindra Bank Q1 Profit Jumps 26% On Strong Loan Growth And NII
Kotak Mahindra Bank reported a 26% year-on-year rise in standalone net profit to ₹4,123 crore for the first quarter of FY27, aided by steady growth in net interest income (NII), healthy loan expansion and a sharp decline in credit provisions. The bank had posted a profit after tax (PAT) of ₹3,282 crore in the corresponding […]
CW Bureau
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Jul 18, 2026
BANKING & FINANCE
Axis Bank Q1 Profit Up 23% To ₹7,114 Cr On Strong Income, Asset Quality
Private sector lender Axis Bank reported a 23% year-on-year increase in net profit to ₹7,114 crore for the first quarter of FY27, driven by healthy growth in core income, improved operating efficiency and stable asset quality. The bank had posted a net profit of ₹5,806 crore in the corresponding quarter of the previous financial year. […]
CW Bureau
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Jul 18, 2026
BANKING & FINANCE
Federal Bank Q1 Net Profit Rises 37% To ₹1,177 Cr; Asset Quality Improves
Federal Bank reported a 36.57% year-on-year increase in net profit to ₹1,176.93 crore for the quarter ended June 30, 2026 (Q1 FY27), driven by strong growth in its core lending business, expanding margins and a sharp improvement in asset quality. The bank’s performance was powered by robust growth in net interest income and fee income, […]
CW Bureau
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Jul 17, 2026
RETAIL/FMCG
DMart Q1 FY27 Profit Rises 13% To ₹936 Cr; Revenue Up At ₹18,343 Cr
Avenue Supermarts Ltd, the operator of the DMart supermarket chain, reported a 12.8% year-on-year increase in standalone net profit to ₹936 crore for the first quarter of FY27, driven by steady revenue growth and continued store expansion. The company’s total revenue for the quarter rose 15.1% to ₹18,343 crore, compared with ₹15,932 crore in the […]
CW Bureau
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Jul 11, 2026
