Bank of Baroda melaporkan peningkatan laba konsolidasi sebesar 11,2 persen pada kuartal keempat. Laba setelah pajak mencapai Rs 5.616 crore, yang didorong oleh pendapatan bunga bersih yang lebih tinggi serta kualitas aset yang membaik.
Bank tersebut mencatat pertumbuhan pendapatan bunga bersih sebesar 9 persen selama periode ini. Simpanan dan pinjaman keduanya mencatatkan ekspansi dua digit, sementara pertumbuhan kredit secara keseluruhan tetap kuat.
RBL Bank announced a threefold increase in its fourth-quarter net profit, reaching Rs 230 crore, up 233% from the previous year. The growth came from strong business expansion and better asset quality, even as net interest margins dipped. Net advances rose 23% year-on-year, led by the retail segment.
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ICICI Bank reported a 9% increase in net profit for the March 2026 quarter, reaching Rs 13,702 crore. The rise was fueled by steady loan growth and a sharp decline in provisions. Total advances grew 16%, bolstered by business banking and rural segments.
Steel Authority of India posted a sharp increase in net profit for the fourth quarter of fiscal 2026. Consolidated profit after tax climbed 47% year on year to 1,835 crore rupees. Revenue grew 5% over the same period.
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Banco do Brasil reported an adjusted net profit of R$3.4 billion for the first quarter of 2026 on Wednesday. The result marks a 54% drop from the same period last year and came in below market forecasts. Rising defaults in agribusiness drove higher provisions and prompted the bank to lower its full-year profit guidance.