Market News
.png)
5 min read | Updated on October 27, 2025, 09:42 IST
SUMMARY
Kotak Mahindra Bank shares will be in focus after the country's leading private sector lender on Saturday, October 25, reported net profit of ₹3,253 crore in the second quarter of current financial year, marking a decline of 3% from ₹3,344 crore in the same period last year.

Foreign institutional investors bought shares worth ₹622 crore on Friday. Image: Shutterstock
The Indian equity markets are set to open higher on Monday, October 27, as indicated by GIFT NIFTY futures. NIFTY futures at GIFT City in Ahmedabad rose 66 points or 0.25% to 25,913 amid strong cues from other Asian markets.
Most of the Asian markets were trading higher after reports suggested that US and China reached an agreement on a range of contentious topics ahead of talks between US President Donald Trump and China's President Xi Jinping to finalise a deal and ease trade tensions that have rattled global markets.
Japan's Nikkei surged 2.2%, China's Shanghai Composite climbed 1%, Hong Kong's Hang Seng advanced 0.99%, South Korea's KOSPI index rose 2.26% and Singapore's Straits Times added 0.41%.
On Friday, US markets ended at record highs on expectations of rate cut by the US Federal Reserve on better-than-expected inflation data.
The S&P 500 advanced 0.8% to close at record high of 6,791.69, Dow Jones Industrial Average added 1.01% and tech heavy Nasdaq climbed 1.15% to settle at 23,204.87.
Foreign institutional investors bought shares worth ₹622 crore on Friday and domestic institutional investors bought shares worth ₹173 crore, data from the National Stock Exchange showed.
The FIIs have so far this month bought shares worth ₹7,329 crore and for the calendar year they have been net sellers to the tune of ₹1,47,191 crore, according to the data from National Securities Depository Limited (NSDL).
The decline in profit came on the back of higher provisions during the quarter. The bank's provisions for bad loans during the quarter jumped by 43% to ₹947 crore from ₹660 crore in the year-ago period.
The Mumbai-based lender's net interest income or the difference between interest earned on loans and expended on deposits rose 4.15% to ₹7,311 crore in July-September period from ₹7,020 crore in the same period last year.
Net interest margin was 4.54% for Q2FY26. Cost of funds was 4.70% for Q2FY26.
Reliance will hold 70% of Reliance Enterprise Intelligence Ltd., the company stated in the filing.
Reliance Intelligence, a wholly owned subsidiary of Reliance Industries Ltd, will jointly invest an initial ₹855 crore in the venture with Facebook.
The company’s revenue from operations stood at ₹8,828 crore year-on-year (YoY) for the quarter under review as compared to ₹8,038 crore, marking an increase of 10%, driven by price increases, new launches and higher volumes.
The drugmaker’s operating profit, or earnings before interest, taxes, depreciation, and amortisation (EBITDA), slipped 3.23% to ₹2,010 crore as against ₹2,077 crore YoY.
In the quarter-ago period, the company had clocked a profit of ₹349 crore, it said in a regulatory filing.
During the quarter under review, its revenue from operations witnessed an 8.05% QoQ growth at ₹3,985.7 crore, compared to ₹3,688.9 crore in the first quarter of the same fiscal year.
More than 40 companies will release their financials for the quarter ended September 30, 2025, on Monday, October 27. They include oil and gas company Indian Oil Corporation, power distribution giant Adani Energy Solutions, shipbuilding company Mazagon Dock Shipbuilders, mobile tower installation company Indus Towers, chemicals conglomerate SRF, plastics product manufacturer Supreme Industries, NBFC Tata Investment Corporation, and crop protection solutions provider Sumitomo Chemical India.
About The Author
.png)
Next Story