Q1 Results Highlights: ICICI Bank Beats Estimates, IDBI NII Up, HDFC Bank Provisions Fall, PNB Profit Jumps
Track Q1FY27 earnings live as HDFC Bank, ICICI Bank, Axis Bank, Kotak Bank and 20+ firms announce June quarter results, guidance and key updates.
Q1 Results Live Updates: All eyes are on India's banking heavyweights as HDFC Bank, ICICI Bank, Axis Bank and Kotak Mahindra Bank headline the June-quarter earnings calendar on Saturday.
Investors will closely monitor net interest income (NII), net profit, net interest margins (NIMs), asset quality, provisions and management commentary for clues on the impact of deposit costs, loan growth, credit demand and the outlook for the country's banking sector. Earnings from Punjab National Bank, IDBI Bank and Yes Bank will also be in focus.
Follow NDTV Profit's Q1 Results Live Updates for the latest Q1 FY27 earnings announcements, key financial highlights, management commentary, analyst reactions, conference call takeaways and live stock price moves from HDFC Bank, ICICI Bank, Axis Bank, Kotak Mahindra Bank and other companies reporting results today.
Q1 Results Live: Punjab & Sind Bank Posts Higher Profitability As Asset Quality Improves, Provisions Decline
Punjab & Sind Bank Q1FY27 (YoY)
- Net profit up 23.2% to Rs 332 crore from Rs 269 crore
- Net interest income up 15.4% to Rs 1,039 crore from Rs 900 crore
- Operating profit up 1% to Rs 545 crore from Rs 540 crore
- Provisions at Rs 94 crore versus Rs 217 crore
Asset Quality (QoQ)
- Gross NPA down 19 basis points to 2.21% from 2.40%
- Net NPA down 14 basis points to 0.65% from 0.79%
Q1 Results Live: Bhansali Engineering Profit Rises
Bhansali Engineering Q1 (Cons, YoY)
- Net profit up 43% to Rs 65.6 crore vs Rs 45.9 crore
- Revenue up 53% to Rs 471 crore vs Rs 308 crore
- Ebitda up 55.6% to Rs 82.4 crore vs Rs 52.95 crore
- Margin at 17.48% vs 17.19%
Q1 Results Live: Rossari Biotech Profit Rises
Rossari Biotech Q1 (Cons,YoY)
- Net profit up 4% at Rs 35 crore vs Rs 33.6 crore
- Revenue up 28% at Rs 697.2 crore vs Rs 543.7 crore
- Ebitda up 19% at Rs 80.6 crore vs Rs 67.8 crore
- Margin at 11.6% vs 12.4%
Q1 Results Live: HDFC Bank Management On New Chairman Appointment
Speaking during the post-earnings analyst call, HDFC Bank CEO said the bank had successfully navigated several challenges over the past four months, with employees focused on strengthening the franchise despite a difficult operating environment. He added that the appointment of the new chairman has removed the uncertainty surrounding the leadership transition.
Q1 Results Live: JK Cement Net Profit Falls 14.5%
JK Cement Q1 Results - Cons, YoY
- Net profit down 14.5% at Rs 278 crore vs Rs 324 crore
- Revenue up 20.3% at Rs 4,032 crore vs Rs 3,353 crore
- EBITDA down 5.8% at Rs 648 crore vs Rs 688 crore
- EBITDA margin at 16.1% vs 20.5%
Q1 Results Live: IDBI Bank Net Profit Rises 5.4%
IDBI Bank Q1 Results - Standalone, YoY
- Net profit up 5.4% at Rs 2,115 crore vs Rs 2,007 crore
- Net interest income up 10.1% at Rs 3,486 crore vs Rs 3,166 crore
- Operating profit down 7.9% at Rs 2,168 crore vs Rs 2,354 crore
- Interest income up 7.4% at Rs 7,541 crore vs Rs 7,021 crore
Asset Quality - QoQ
- Gross NPA at 2.30% vs 2.32%
- Net NPA at 0.16% vs 0.15%
Q1 Results Live: ICICI Bank Q1 Results - Key Metrics
- Provisions at Rs 1,260.5 crore vs Rs 1,814.6 crore YoY and Rs 96.2 crore QoQ
- Return on assets at 2.49% vs 2.40% QoQ
- Net interest margin at 4.36% vs 4.32% QoQ
- Treasury gain at Rs 151 crore vs loss of Rs 106 crore QoQ
- Loan growth at 19.6%
Q1 Results Live: ICICI Bank Q1 Results vs Estimates
ICICI Bank Q1 Results vs Estimates
- Net profit at Rs 14,804 crore vs estimate of Rs 13,373 crore
- Net interest income at Rs 24,385 crore vs estimate of Rs 23,813 crore
- Operating profit at Rs 20,386 crore vs estimate of Rs 19,278 crore
- Net interest margin at 4.36% vs estimate of 4.18%
- Gross NPA at 1.38% vs estimate of 1.45%
- Net NPA at 0.35% vs estimate of 0.37%
Q1 Results Live: HDFC Bank Net Profit Rises 5%
HDFC Bank Q1 Results - YoY
- Net profit up 5% at Rs 19,059 crore vs Rs 18,155 crore
- Net interest income up 6.7% at Rs 33,534 crore vs Rs 31,438 crore
- Provisions at Rs 3,060 crore vs Rs 14,441 crore
Asset Quality - QoQ
- Gross NPA at 1.17% vs 1.15%
- Net NPA at 0.41% vs 0.38%
- Provisions at Rs 3,060 crore vs Rs 2,610 crore
Q1 Results Live: HDFC Bank Q1 Results vs Estimates
- Net profit at Rs 19,059 crore vs estimate of Rs 19,720 crore
- Net interest income at Rs 33,534 crore vs estimate of Rs 34,257 crore
- Operating profit at Rs 28,168 crore vs estimate of Rs 28,795 crore
- Gross NPA at 1.17% vs estimate of 1.15%
- Net NPA at 0.41% vs estimate of 0.38%
Q1 Results Live: Yes Bank Net Profit Rises 34%
Yes Bank Q1 Results - Standalone, YoY
- Net profit up 34% at Rs 1,071 crore vs Rs 801 crore
- Net interest income up 17% at Rs 2,786 crore vs Rs 2,372 crore
- Operating profit up 25% at Rs 1,704 crore vs Rs 1,358 crore
- Provisions up 39% at Rs 394 crore vs Rs 284 crore
Asset Quality - QoQ
- Gross NPA at 1.3% vs 1.3%
- Net NPA at 0.2% vs 0.2%
Q1 Results Live: India Cements Swings To Profit
India Cements Q1 Results - YoY
- Net profit at Rs 26.9 crore vs loss of Rs 133 crore
- Revenue down 0.6% at Rs 1,019 crore vs Rs 1,025 crore
- EBITDA up 84.5% at Rs 155 crore vs Rs 84 crore
- EBITDA margin at 15.2% vs 8.2%
- One-time loss at Rs 25.3 crore vs Rs 124 crore YoY
Q1 Results Live: Punjab National Bank Q1 Results - Key Metrics
- Domestic NIM at 2.64% vs 2.84% YoY and 2.61% QoQ
- Domestic loan growth at 11.6% YoY
- Fresh slippages at Rs 2,080 crore vs Rs 1,886 crore YoY and Rs 2,758 crore QoQ
Q1 Results Live: Kotak Mahindra Bank Net Profit Rises 26%
Kotak Mahindra Bank Q1 Results - YoY
- Net profit up 26% at Rs 4,123 crore vs Rs 3,282 crore
- Net interest income up 9% at Rs 7,928 crore vs Rs 7,259 crore
- Operating profit up 10% at Rs 6,131 crore vs Rs 5,564 crore
- Provisions down 45% at Rs 668 crore vs Rs 1,208 crore
Asset Quality - QoQ
- Gross NPA at 1.18% vs 1.20%
- Net NPA at 0.27% vs 0.25%
Q1 Results Live: Punjab National Bank Net Profit Soars 214%
Punjab National Bank Q1 Results - Standalone, YoY
- Net profit up 214% at Rs 5,253 crore vs Rs 1,675 crore
- Net interest income up 2% at Rs 10,798 crore vs Rs 10,578 crore
- Operating profit up 6% at Rs 7,519 crore vs Rs 7,081 crore
- Provisions up 100% at Rs 792 crore vs Rs 396 crore
Asset Quality - QoQ
- Gross NPA at 2.78% vs 2.95%
- Net NPA at 0.28% vs 0.29%
Q1 Results Live: HDFC Bank Q1 Preview
HDFC Bank Q1 Preview - Bloomberg Estimates (Standalone, YoY)
- Net interest income seen 8.9% higher at Rs 34,256.57 crore versus Rs 31,440 crore
- Net interest margin seen at 3.32% versus 3.35% (3.38% QoQ)
- Net profit seen 9% higher at Rs 19,720 crore versus Rs 18,155 crore
- Provisions seen 74% lower at Rs 3,678.3 crore versus Rs 14,441.6 crore
- Gross NPA seen unchanged at 1.15% (QoQ)
- Operating profit seen lower at Rs 28,795.3 crore versus Rs 35,733.96 crore
Q1 Results Live: Axis Bank Q1 Results vs Estimates
- Net profit at Rs 7,114 crore vs estimate of Rs 7,027 crore
- Net interest income at Rs 14,646 crore vs estimate of Rs 15,147 crore
- Operating profit at Rs 11,659 crore vs estimate of Rs 11,681 crore
- Gross NPA at 1.28% vs estimate of 1.37%
- Net NPA at 0.39% vs estimate of 0.40%
Q1 Results Live: Axis Bank Net Profit Rises 23%
Axis Bank Q1 Results - Standalone, YoY
- Net profit up 23% at Rs 7,114 crore vs Rs 5,806 crore
- Net interest income up 8% at Rs 14,646 crore vs Rs 13,560 crore
- Pre-provision operating profit up 1% at Rs 11,659 crore vs Rs 11,515 crore
- Provisions down 44% at Rs 2,223 crore vs Rs 3,948 crore
Asset Quality - QoQ
- Gross NPA at 1.28% vs 1.23%
- Net NPA at 0.39% vs 0.37%
Q1 Results Live: Banks Q1 Preview
Indian banks are expected to post another quarter of healthy business growth for the June quarter, supported by robust loan demand across retail and corporate segments.
However, higher funding costs, slower deposit growth and pressure on net interest margins (NIMs) are likely to limit earnings growth, while treasury income and provisions remain mixed across lenders.
The June quarter is expected to reflect two contrasting trends. Credit demand remained resilient despite seasonal weakness, driven by retail, gold loans, NBFC lending and selected corporate segments.
At the same time, competition for deposits and a larger share of high-cost term deposits continued to weigh on margins.
Q1 Results Live: Hello And Welcome
Hello and welcome to NDTV Profit’s live coverage of the Q1FY27 earnings season. This is Yukta, and I'll take you through all the earnings scheduled for the day.
Earnings Today: HDFC Bank, ICICI Bank, Axis Bank, Kotak Mahindra Bank, Punjab National Bank, IDBI Bank, Yes Bank, J. K. Cement, Punjab and Sind Bank, India Cements, Can Fin Homes, Sangam (India), Rossari Biotech, Bhansali Engineering Polymers, Premier Polyfilm, GSM Foils, Ashima, East India Drums and Barrels Manufacturing, Ganga Forging and F Mec International Financial Services.
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