Indian Bank Q1 Result: PAT jumps 24% to Rs 2,973 crore on lower NPA provisions
Indian Bank reported a 24% YoY rise in Q1 net profit to Rs 2,973 crore, aided by sharply lower NPA provisions. Asset quality improved, with gross NPAs falling to 3.01%. While net interest income grew modestly, other income surged 28%. Advances and deposits saw double-digit year-on-year growth.
Zerodha’s demat market share shrinking, says founder Nithin Kamath. How is it coping?
Zerodha faces a drop in demat market share despite rising AUM, prompting CEO Nithin Kamath to seek insights on evolving growth strategies beyond traditional customer acquisition methods.
Sky Gold Q1 FY26 profit doubles to Rs 43.6 crore, revenue up 56%
Sky Gold and Diamonds posted a 2x jump in Q1 FY26 net profit to ₹43.6 crore, driven by robust exports, lightweight jewellery demand, and major B2B client additions. Revenue rose 56.5% YoY to ₹1,131 crore, supporting its ambitious expansion plans.
Tata Sons Chairman N Chandrasekaran’s salary package jumps 15% to Rs 156 crore
N Chandrasekaran earned ₹155.81 crore in FY25, up 15% YoY, cementing his spot as India’s highest-paid executive. Despite a 24.3% profit drop at Tata Sons, his compensation included ₹140.7 crore in commission and ₹15.1 crore in salary and benefits.
Top 5 states contribute over 65% to total mutual fund industry AAUM in June 2025: ICRA Analytics
Maharashtra led mutual fund AAUM contributions with 40.61%, as five states together accounted for over 65% of the total. Nagaland saw the highest yearly AAUM growth at 100.57%, while equity-oriented schemes dominated in smaller regions like Ladakh and Lakshadweep.
Nifty Bank lot size increases to 35 with effect from July 31 for monthly expiries
NSE has revised lot sizes for derivative contracts on Bank Nifty (from 30 to 35) and Nifty Midcap Select (from 120 to 140), effective July 2025 expiry. Changes follow SEBI’s review guidelines to align notional contract values with market levels.
ACC Q1 Results: Cons PAT rises 4% YoY to Rs 375 crore, revenue up 18%
ACC reported a 4% YoY increase in consolidated net profit, reaching Rs 375 crore, with revenue from operations rising 18% to Rs 6,015 crore. Volume growth was 12% YoY in the period under review, driven by higher trade volumes and premium product sales.
Canara Bank Q1 Results: PAT surges nearly 22% YoY, NII marginally down by 2%
Canara Bank Q1 results:Net Interest Income (NII) for Q1 FY26 came in at ₹9,009 crore, slightly lower than ₹9,166 crore reported in the same quarter last year. Operating profit for the quarter rose by 12.32% year-on-year to ₹8,554 crore.
Gold prices slip from 5-week high to trade below Rs 1 lakh on US-Japan trade deal
Gold prices slipped below the Rs 1 lakh mark as August MCX futures fell amid easing safe-haven demand following the US-Japan trade deal. Silver also edged lower. Analysts expect continued volatility, though key support levels may hold amid global uncertainty and upcoming central bank policy decisions.
Adani Energy Solutions shares down 36% from peak. Can the stock breakout?
Shares of Adani Energy Solutions have decreased from their peak. Investors are awaiting the June quarter earnings report. The report is due on Thursday. Analysts suggest a potential move towards Rs 940. Technical indicators show mixed signals. Support lies at Rs 840, with resistance near Rs 900. The earnings report may resolve the current technical […]