The operating profit, calculated as earnings before interest, taxes, depreciation and amortisation (EBITDA), soared 69% on year to Rs 1,940 crore, driven by operating efficiency, and softening of material and energy prices.
Will RBI rate hikes intensify selloff in bank stocks? Analysts explain why fears may be overdone
Bank shares have endured steep declines as investors brace for imminent interest rate hikes from the RBI. Some analysts suggest that the recent selloff may