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Latest Articles in quarterly results

Union Bank Of India Third-Quarter Profit Misses Estimates

Net profit was 1.53 billion rupees ($21.48 million) in the three months to Dec. 31, 2018, compared to a loss of 12.50 billion rupees a year earlier, the bank said

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Kotak Mahindra Bank Profit Climbs 23 Per Cent On Higher Interest Income

Net profit at the private sector bank came in at 12.91 billion rupees ($181.20 million) for the three months to Dec. 31, compared to 10.53 billion rupees a year earlier

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Citigroup Sees $2 Billion More Revenue From Lending In 2019, Shares Rise

Chief Financial Officer John Gerspach pointed to growing revenue from its consumer banking business and a reduced government surcharge for deposit insurance, as drivers for net interest income this year

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Nifty, Sensex End Higher For Fourth Straight Session

The benchmark BSE Sensex closed the session 0.64 per cent higher at 36,212.91, while the broader NSE Nifty ended up 0.49 per cent at 10,855.15

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IndusInd Bank Third-Quarter Profit Rises 5 Per Cent

Net profit was 9.85 billion rupees ($139.65 million) for the quarter ended Dec. 31, compared with 9.36 billion rupees a year earlier, the bank said. Interest earned rose 34.4 per cent to 57.63 billion rupees

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IDBI Bank Posts Eighth Straight Quarterly Loss As Provisions Surge

Provisions for bad loans at IDBI Bank, which has the highest bad loan ratio in the sector, jumped 92.9 percent to 54.82 billion rupees, leading to a doubling in total provisions

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SpiceJet Posts Second Quarterly Loss On Higher Fuel Costs, Weak Rupee

Standalone net loss, which excludes results of units SpiceJet Merchandise and SpiceJet Technic, was 3.89 billion rupees ($53.90 million) in the quarter ended Sept. 30, compared with a profit of 1.05 billion rupees a year earlier

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Jet Airways Posts Third Quarterly Loss On Fuel Costs

Losses of Jet Airways came in at 12.97 billion rupees ($178.01 million) for the quarter ended Sept. 30, compared with a profit of 496.3 million rupees a year earlier

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Bank Of India Posts Quarterly Loss As Bad Loan Provision Jumps

Net loss was 11.56 billion rupees ($158.43 million) for the three months ended Sept. 30, compared with a profit of 1.79 billion rupees a year earlier

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Lower Bad Loans Help SBI Return To Profit After 3 Quarters Of Heavy Losses

At the standalone level, net income of State Bank of India (SBI) fell 40 per cent to Rs 944.9 crore from Rs 1,581.55 crore on the back of better asset quality

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PNB Posts Rs 4, 532 Crore Loss In September Quarter As Bad Loans Soar

State-owned Punjab National Bank had a net profit of Rs 561 crore in the July-September quarter of last fiscal 2016-17

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Suzuki Posts Steeper-Than-Expected Quarterly Profit Slide On Sluggish Car Sales

Suzuki posted an 82 billion yen ($726 million) operating profit in the July-September period, down from 87.81 billion yen a year ago

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Sensex, Nifty Turn Choppy; Erase Early Gains On Profit-Booking

The BSE Sensex rallied 149.36 points to trade at 34,591.41 points. The NSE Nifty too surged 55 points to 10,441.60 in the opening session

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Tata Motors Posts Second-Quarter Loss On Lean JLR Sales, One-Off Charge

Tata Motors made a loss of 10.49 billion rupees ($141.92 million), compared with a profit of 24.83 billion rupees in the year-ago period, the company said

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Lupin Second-Quarter Profit Dives As U.S. Sales, Higher Expenses Weigh

Lupin's sales in North America, which accounts for nearly a third of total sales, dropped 8.3 percent to 12.49 billion rupees ($169.06 million). Income from operations rose marginally to 38.91 billion rupees

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