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MUMBAI: Kotak Mahindra Bank reported an 11% drop in consolidated net profit for Q2FY26 following higher provisions, even as credit and deposit growth continued. The bank’s CEO, Ashok Vaswani, was non-committal on media reports that Kotak Bank was showing interest in acquiring IDBI Bank and had conducted due diligence. “We cannot and should not be…
RIL recorded gross revenue of Rs 2.83 lakh crore, marking a 10% year-on-year increase. RIL Q2 FY 2025-26 results: Mukesh Ambani-led Reliance Industries Limited (RIL) on Friday reported a consolidated second-quarter net profit of Rs 18,165 crore. This is a 10% increase from Rs 16,563 crore in the previous year. The operational revenue reached Rs…
HCL Technologies on Monday reported a flat consolidated net profit of Rs 4,235 crore for the quarter ended September 30, 2025.On a sequential basis, the IT giant’s net profit rose 10.2 per cent compared to Rs 3,843 crore recorded in the June quarter, PTI reported.The company’s consolidated revenue increased 10.6 per cent year-on-year to Rs…
