The credit cost increased amid a higher slippage ratio owing to the micro, small, and medium enterprises (MSME) segment. The gross nonperforming asset (NPA) ratio continued to slide to a multi-quarter low. The share of the retail segment in the loan portfolio rose to 30% from 28% a year ago while the bank reported the highest ever net profit for the quarter and full year.
Dabur India shares fall 4% even as Q1 earnings meet estimates. What’s spooking investors?
Dabur India shares dropped over 4% on Thursday after reporting Q1 earnings. The company announced a 15% rise in net profit and 11% revenue growth.