The real estate development arm of the Raymond Group, Raymond Realty, reported a strong fourth quarter for FY26, with pre-sales rising 139% year-on-year to ₹1,519 crore, compared with ₹636 crore in the same period last year. Collections for the quarter increased 4% to ₹515 crore from ₹496 crore a year earlier. For the full year,…
Jewellery retail chain Senco Gold Ltd. reported a strong performance for the final quarter of the current financial year with revenue up 46% year-on-year (YoY), driven by robust demand during the wedding season despite volatile period for gold. The company also benefited from festive and special occasions, including Valentine’s Day and Women’s Day. Same-store sales…
Kotak Mahindra Bank Ltd. reported steady growth across key metrics for the quarter ended March 2026, with both advances and deposits posting double-digit growth year-on-year (YoY). The bank’s net advances rose 16.2% YoY to ₹4.95 lakh crore at the end of the quarter, compared with the same period last year. On a sequential basis, advances…
IDBI Bank reported double-digit growth across key business parameters for the quarter ended March 31, 2026. The bank’s total business rose 14% year-on-year to ₹6 lakh crore, compared with ₹5.29 lakh crore in the year-ago period. Total deposits increased 12% year-on-year to ₹3.47 lakh crore, while net advances grew 16% to ₹2.53 lakh crore as…
Arvind Sanger, Managing Partner, Geosphere Capital Management, warned that oil markets are already showing signs of strain and any follow-through on US President Donald Trump’s threats against Iran could disrupt supply routes and infrastructure, adding to global energy risks. He said, “The reality is that if President Trump follows through on any of these threats,”…
A sharp recovery on Dalal Street on Thursday helped pare weekly losses, but benchmarks still ended lower for a sixth straight week as geopolitical uncertainty continued to weigh on sentiment. The Nifty Bank dragged indices, while IT and metal stocks offered some support. Against this backdrop, Nimesh Chandan, Chief Investment Officer at Bajaj Finserv Asset…
Jammu and Kashmir Bank reported steady expansion in its business performance for FY26, with growth across deposits, advances and overall business. CASA deposits rose 8.07% year-on-year to ₹75,478 crore, compared with ₹69,843 crore a year earlier, indicating improved mobilisation of low-cost deposits. Total deposits increased 11.3% to ₹1.65 lakh crore from ₹1.48 lakh crore, reflecting…
Central Bank of India reported steady growth in its March quarter business update, supported by strong traction in loans and deposits. Total business rose 15.65% year-on-year to ₹8.13 lakh crore, reflecting continued balance sheet expansion. Loan growth remained robust, with gross advances increasing 18.9% year-on-year to ₹3.45 lakh crore, and rising 6.61% sequentially. On the…
Oil prices increased after US President Donald Trump said the US was going to hit Iran “extremely hard” in the next two to three weeks, escalating tensions in the Middle East and raising concerns over global oil supply. US oil futures surged past $110 a barrel and are now trading above Brent crude, as markets…
Hindustan Zinc, a subsidiary of Vedanta Ltd, reported its production numbers for the fourth quarter and full year ended March 31, 2026, with mined metal output at 315 kt in Q4, up 2% year-on-year and 14% quarter-on-quarter. The company reported its best-ever quarterly and annual mined metal production, along with a record quarterly refined metal…
