Bank of Baroda reported an 11.2 percent increase in consolidated profit for the fourth quarter. Profit after tax reached Rs 5,616 crore, helped by higher net interest income and improved asset quality.
The bank saw net interest income grow 9 percent during the period. Deposits and advances both recorded double-digit expansion, while loan growth remained strong overall.
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.
Riportato dall'IA
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.
Riportato dall'IA
Il Banco do Brasil ha registrato mercoledì un utile netto rettificato di 3,4 miliardi di real per il primo trimestre del 2026. Il risultato segna un calo del 54% rispetto allo stesso periodo dell'anno precedente ed è risultato inferiore alle previsioni di mercato. L'aumento delle insolvenze nel settore agroalimentare ha spinto al rialzo gli accantonamenti e ha indotto la banca a ridurre le stime sugli utili per l'intero anno.