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Q2 results today: UltraTech Cement, Bajaj Housing Finance, Union Bank among companies to declare earnings on October 21; check list
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2 min read | Updated on October 21, 2024, 09:14 IST
SUMMARY
Q2 results today: State-run Union Bank of India, recycling firm Gravita India, private lender Jana Small Finance Bank and logistics services provider Mahindra Logistics will also declare their latest September quarter results on Monday.
Stock list
Q2 FY25 results on October 21, 2024.
Q2 results today (October 21): Check list
- Union Bank of India Ltd
- UltraTech Cement Ltd
- 360 One WAM Ltd
- Authum Investment & Infrastructure Ltd
- Bajaj Housing Finance Ltd
- CG Power and Industrial Solutions Ltd
- Consecutive Investment & Trading Company Ltd
- City Union Bank Ltd
- Cyient DLM Ltd
- Gravita India Ltd
- HFCL Ltd
- Indbank Merchant Ltd
- Jana Small Finance Bank Ltd
- Mahindra Logistics Ltd
- Maharashtra Scooters Ltd
- Nelco Ltd
HDFC Bank Q2 profit surges
The bank's core net interest income rose 10% to ₹30,010 crore due to a 7% surge in gross advances and the margins being stable at 3.46%.
"The bank, which had guided towards doubling in size in four years recently, is operating as per market dynamics right now," S Vaidyanathan, Chief Financial Officer of HDFC Bank, said.
The gross non-performing assets (NPA) ratio remained almost stable at 1.36%, and the CFO stated that, unlike peers, the private lender is not experiencing elevated stress on the unsecured advances front.
The bank's credit deposit ratio stood at 99.8, the first time it has fallen below 100% since the merger of mortgage major parent HDFC into itself in July 2023.
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