ONGC's net profit rose 3.1% to Rs 5130.74 crore on 3.1% growth in net sales to Rs 18964.85 crore in Q2 September 2017 over Q2 September 2016. The result was announced on Saturday, 28 October 2017.
ICICI Bank's net profit fell 33.65% to Rs 2058.19 crore on 17.55% decline in total income to Rs 18763.29 crore in Q2 September 2017 over Q2 September 2016. The result was announced after market hours on Friday, 27 October 2017.
The bank's gross non-performing assets (NPAs) net of write-off stood at Rs 44488.54 crore as on 30 September 2017 as against Rs 43147.64 crore as on 30 June 2017 and Rs 32547.50 crore as on 30 September 2016.
The ratio of gross non-performing customer assets (net of write-off) to gross customer assets stood at 7.87% as on 30 September 2017 as against 7.99% as on 30 June 2017 and 6.12% as on 30 September 2016. The ratio of net non-performing customer assets to net customer assets stood at 4.43% as on 30 September 2017 as against 4.86% as on 30 June 2017 and 3.21% as on 30 September 2016. The bank's provisions and contingencies declined 36.42% to Rs 4502.93 crore in Q2 September 2017 over Q2 September 2016.
Canara Bank's net profit fell 27.1% to Rs 260.18 crore on 1.57% decline in total income to Rs 11994.64 crore in Q2 September 2017 over Q2 September 2016. The result was announced after market hours on Friday, 27 October 2017.
The bank's gross non-performing assets (NPAs) stood at Rs 39164.08 crore as on 30 September 2017 as against Rs 37657.76 crore as on 30 June 2017 and Rs 33315.40 crore as on 30 September 2016.
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The ratio of gross NPAs to gross advances stood at 10.51% as on 30 September 2017 as against 10.56% as on 30 June 2017 and 9.81% as on 30 September 2016. The ratio of net NPAs to net advances stood at 7.02% as on 30 September 2017 as against 7.09% as on 30 June 2017 and 6.69% as on 30 September 2016. The bank's provisions and contingencies rose 36% to Rs 2156.64 crore in Q2 September 2017 over Q2 September 2016.
HDFC, Bharti Infratel, Lupin and Tata Steel are scheduled to report Q2 September 2017 results today, 30 October 2017.
Bajaj Finance said it has allotted 4,000 secured redeemable non-convertible debentures (NCDs) aggregating to Rs 400 crore on private placement basis. The announcement was made after market hours on Friday, 27 October 2017.
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