“Loan loss provisions continued to recede due to better recoveries and healthy provision buffers, thereby leading to overall beat on profitability,” mentioned Emkay Global Financial Services in a sector report. The brokerage expects overall NPA ratios to trend down further led by receding stress pool and better credit growth trajectory.
NMDC shares jump 2% after 23% YoY revenue growth, despite marginal PAT dip
NMDC shares experienced a rise of 2.5% following the announcement of robust first-quarter results for fiscal year 2026. Revenue saw a significant increase, driven by