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Provisions for the quarter increased on both a sequential as well as a year-on-year basis. Provisions at the end of the quarter stood at ₹3,947 crore, from ₹1,359 crore in March and ₹2,039 crore during the June quarter last year.

Out of this, ₹821 crore worth of provisions are attributed to the technical impact, adjusted for which, the total provisions would stand at ₹3,127 crore.

Axis Bank’s slippages during the June quarter stood at ₹8,200 crore from ₹4,805 crore in the previous quarter.

Write-offs during the quarter stood at ₹2,778 crore.

– Revenue at ₹22,080 crore, in-line with expectations of ₹22,087 crore

– EBIT for the quarter at ₹3,813 core, marginally higher than estimates of ₹3,787 crore

– EBIT margin at 17.3% compared to poll of 17.1%

– Net profit of ₹3,696 crore

– Wires and Cables segment grew by 31% from last year, supported by sustained demand across core sectors

– Key growth drivers included higher government expenditure, better project execution and rising commodity prices

– Domestic business grew by 32% from last year, with cables growth outpacing that of wires once again

– Channel and institutional business both showed healthy traction

– International business grew by 24% on a low base, and accounted for 5.2% of the company’s topline

– Revenue up 10% to ₹1,136.7 crore from ₹1,032.6 crore last year

– EBITDA down 21% to ₹73.9 crore from ₹93.6 crore in the year-ago quarter

– EBITDA margin narrows to 6.5% from 9.1% last year

– Net profit down 30% to ₹40.6 crore from ₹58.4 crore year-on-year

– Stock down over 4% post the earnings announcement

– Revenue up 25.7% from last year to ₹5,906 crore, higher than estimates of ₹5,651 crore

– EBITDA up 47.1% to ₹858 crore, higher than expectations of ₹762 crore

– EBITDA margin at 14.5% versus expectations of 13.5%

– Net profit up 50% from last year to ₹600 crore

– Stock still down 1%, awaiting more commentary in the investor presentation

– Net profit of ₹2 crore compared to a net loss of ₹13.1 crore

– Revenue up 17% at ₹138 crore from ₹118 crore last year

– EBITDA of ₹20 crore compared to ₹2 crore last year

– EBITDA margin at 14.5% from 1.7% in the year-ago quarter

– Shares of Navkar Corp are trading 8% higher at ₹123.

– Revenue up 41% from last year to ₹396 crore, driven by strong market demand and efficient execution

– EBITDA at ₹66 crore from ₹42 crore last year, a growth of 57% year-on-year

– Net profit nearly doubles to ₹31 crore from ₹16 crore

– EBITDA margin expands to 16.6% from 14.9% last year

– Achieved fertiliser production volume of 94,222 MT

– Achieved fertiliser sale volume of 90,949 MT

– Stock up 3.5% in today’s session

– Revenue growth impacted by softness in deal closures

– Subscription revenue grew by 19% from last year

– 12 new customer logo additions during thequarter

– Net cash from operating activities at ₹81.1 crore

– Net profit up 24% from last year to ₹748 crore

– Revenue up 25% year-on-year to ₹968 crore

– Higher other income contributes to net profit

– Stock recovers from the day’s low to trade 0.8% higher at ₹5,396

– Investor Presentation details awaited

Angel One shares are trading 0.7% higher despite a weak operating performance in the June quarter.

The stock is in the F&O ban, which means no new positions can be created in the stock.

– Net profit up 10% from last year to ₹322 crore

– Net Interest Income (NII) down 4% year-on-year to ₹832 crore

– Gross NPA at 3.15% from 3.2% in the last quarter

– Net NPA at 0.68% from 0.92% in the previous quarter

– Stock recovers from the day’s low

– Loan growth likely to stay lower than industry and also lower than its peers

– Deposit growth seen at 10% year-on-year

– Anticipating a 25 basis points rate cut passed on in the loan book

– NIMs likely to contract sequentially by 10-12 basis points to 3.85%

– Net profit up 4% from last year to ₹50 crore from ₹48 crore

– Revenue up 2% from last year to ₹321 crore from ₹315 crore

– EBITDA down 6% to ₹45 crore from ₹48 crore in the year-ago quarter

– EBITDA margin declines 100 basis points to 14% from 15% year-on-year

LTIMindtree shares are at the lows of the day ahead of the earnings announcement.

The stock trades 1.9% lower at ₹5,226.5.

Stock was excluded from the Nifty 50 index in September last year and has declined 18% since then.

– US Dollar revenue seen 1.7% higher sequentially at $1,150 million

– Rupee revenue seen 0.7% higher at ₹9,836 crore

– EBIT seen at ₹1,411 crore from ₹1,345.4 crore

– EBIT margin seen at 14.3% from 13.8% last quarter

– All numbers part of a CNBC-TV18 poll and compared on a sequential basis

– US Dollar Revenue likely to decline 0.9% from the previous quarter to $2,573 million

– Rupee revenue may drop 1.6% from the previous quarter to ₹22,087 crore

– EBIT may decline to ₹3,787 crore from ₹3,927 crore in the March quarter

– EBIT margins may narrow to 17.1% from 17.5% last quarter

– Constant Currency Revenue seen 2% lower

– All numbers as per a CNBC-TV18 poll

– Revenue seen 20% higher year-on-year at ₹5,651 crore

– EBITDA seen 31% higher from last year to ₹762 crore

– EBITDA margin at 13.5%, likely to rise 110 bps from 12.4% last year

– Net profit seen 29% higher at ₹518 crore from the year-ago quarter

– All three, Tata Elxsi, Tata Techologies, L&T Tech shares have seen a decline in constant currency revenue growth

– Tata Elxsi constant currency revenue growth declined 3.9%

– Tata Technologies constant currency revenue growth fell 4.6%

– LTTS revenue also fell 4.2% in constant currency terms

– Stocks rising on hopes of improving outlook

– Advances are likely to grow 7.5% year-on-year to ₹10.5 lakh crore

– Deposits are likely to grow 10.1% year-on-year to ₹11.7 lakh crore

– NII growth seen at 2.1% from last year to ₹13,726 crore

– Provisions may increase both year-on-year as well as sequentially

Shares of Waaree Renewables Tech Ltd. are up for the third straight day on Thursday. The company reports results today

The stock gained 5% on Wednesday, following by a 17% advance on Tuesday.

Volumes in both these sessions were over 1 crore shares.

Never before in the stock’s trading history that one crore shares or more have changed hands in a single session.

Shares of Tech Mahindra fell as much as 1.5% in early trade on Thursday and is looking to recover from the opening lows.

Constant currency revenue fell more than anticipated, while margins continued to improve.

– Flight business revenue more than doubled from last year

– Train business revenue increased by 29.4% year-on-year

– Bus business revenue also nearly doubled from last year, increasing by 93.4%

Shares of Ixigo, or Le Travenues Tech, surged as much as 8.5% in early trading on Thursday after a strong performance in the June quarter.

Revenue increased by 73% from last year, while Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) increased by 53.4% year-on-year.

Net profit also increased by 27.7% from last year.

– GMR Airports June Passenger Traffic up 0.9% from last year

– GMR Airports Q1 Passenger Traffic up 3.3% to 3.01 crore

– Aircraft Movements in Q1 up 5.6% year-on-year, to 1.9 lakh

– Maintain ‘buy’ rating

– Price target raised to ₹270

– Q1 also saw post-demerger additional overhead costs

– Raise EBITDA estimates by 4% for FY26-28e

– Factoring in EBITDA / PAT CAGR of 15% / 23% over FY25-28

– Maintains Reduce Rating

– Price target cut to ₹3,600

– Deal wins are strong and pipeline is robust

– However, FY26 guidance of double-digit revenue growth is ambitious

– EBIT margin to remain under pressure in Q2, may see steady recovery over FY26-28

– Lowering FY26-28 EPS estimates by 1-4%

– High conviction outperform rating retained

– Price target of ₹2,020

– Tech Mahindra will start its growth journey next quarter based on the ramp-up in large deals

– FY26 revenue growth will be higher than FY25

– Revenue increased by 8% from last quarter, driven by fee income and broking business. The figure was in line with Motilal Oswal estimates.

– Operational performance though was weak, with profitability being impacted by IPL expenses and higher employee costs.

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