Digital and telecom arm of Reliance Industries, Jio Platforms Ltd, reported a 25% year-on-year (YoY) rise in net profit at Rs 7,110 crore for the quarter ended June 30, 2025. The company’s gross revenue for the first quarter of FY26 climbed 19% YoY to Rs 41,054 crore, according to the consolidated earnings release issued by Reliance Industries.The growth in revenue …
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Reliance Infrastructure Ltd (RInfra) on Monday reported a net profit of Rs 4,387 crore for the March quarter, primarily driven by a reduction in expenses. In comparison, the company had posted a net loss of Rs 220.58 crore in the January-March period of 2023-24, according to an exchange filing.The company’s total income for the quarter stood at Rs 4,268.05 crore, …
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Reliance General Insurance, a subsidiary of Reliance Capital recently acquired by IndusInd International Holdings Ltd (IIHL), posted a 12.5% increase in net profit to Rs 315 crore for the financial year ended March 2025, as the company recovers from nearly three years under insolvency proceedings.The company’s Gross Direct Premium (GDP) rose 7.4% year-on-year to Rs 12,548 crore, outpacing the general …
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Axis Bank profit growth flat in March quarter MUMBAI: Axis Bank, India’s third-largest private lender, reported a flat net profit of Rs 7,117 crore for the quarter ended March 2025, almost unchanged from Rs 7,130 crore in the corresponding quarter last year.On a consolidated basis, the bank saw a modest 1.6% year-on-year decline in consolidated net profit for Q4 of …
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MUMBAI: Private banks continue to feel the pain of defaults in the microfinance segment. Kotak Bank and RBL Bank which declared their earnings on Saturday, both reported higher defaults in the microfinance segment.Kotak’s consolidated net profit for the quarter ended Dec 2024 was up 10% at Rs 4,701 crore from Rs 4,265 crore in the corresponding quarter last year. The …
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NEW DELHI: Wipro‘s consolidated net profit for the December quarter stood at Rs 3,354 crore, up by 24.4 per cent from the corresponding quarter of the previous year. The IT major’s operational revenue increased modestly by 0.5 per cent growth, reaching Rs 22,319 crore.The company projected the revenue from the IT services in the range of $2,602 million and $2,655 …
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