J&K Bank's gross advances grow 17% YoY in Q4 FY26

by Hansraj Agrawal | Apr 4, 2026 | Share Market

Jammu & Kashmir bank’s gross advances jumped 16.83% to Rs 124,986.53 crore as of 31 March 2026, compared with Rs 106,985.49 crore as of 31 March 2025.

Total business stood at Rs 290,340.57 crore as of 31 March 2026, up 13.61%, compared with Rs 255,554.95 crore as of 31 March 2025.

Total deposits increased 11.30% to Rs 165,354.04 crore as of 31 March 2026, compared with Rs 148,569.46 crore as of 31 March 2025. CASA deposits rose 8.07% YoY to Rs 75,478.40 crore as of 31 March 2026.

Gross investment declined 1.55% to Rs 41,319.50 crore as of 31 March 2026, compared with Rs 41,970.20 crore as of 31 March 2025.

J&K Bank offers banking services under the three major divisions as support services, depository services, and third-party services.

The bank reported a 10.4% jump in net profit to Rs 586.73 crore on a 4.2% rise in total income to Rs 3,592.90 crore in Q3 FY26 over Q3 FY25.

The counter shed 0.57% to end at Rs 113.60 on the BSE.

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Senores enters into US government procurement market

by Hansraj Agrawal | Apr 4, 2026 | Share Market

Last Updated : Apr 04 2026 | 11:50 AM IST

Forms JV named Amerisyn to participate in government supply tenders

Senores Pharmaceuticals, Inc. (SPI), USA, a wholly owned subsidiary of Senores Pharmaceuticals, announced that it has successfully entered into a strategic partnership by executing a formal operating agreement on 02 April 2026.

This agreement marks a decisive milestone in Senores’ international expansion and its strategic entry into the U.S. government procurement market. The partnership has been formalized through the formation of a joint venture (JV) entity, namely Amerisyn, LLC (Amerisyn).

The partnership represents a structural leap for Senores’ US operations. Through the establishment of this JV framework, Senores is now strategically positioned to facilitate the supply of its high-quality product portfolio to the U.S. Federal Government, veterans affairs and military supply contracts and leverage specialized credentials to participate in long-term national contracts and government supply tenders.

Disclaimer: No Business Standard Journalist was involved in creation of this content

First Published: Apr 04 2026 | 11:50 AM IST

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Vikran Engineering wins MSEDCL orders worth Rs 530.80 cr

by Hansraj Agrawal | Apr 4, 2026 | Share Market

Last Updated : Apr 04 2026 | 11:50 AM IST

Vikran Engineering announced that it has received two major Letters of Award (LoA) aggregating to Rs 530.80 crore (excluding GST) from Maharashtra State Electricity Distribution Co. (MSEDCL), a Government of Maharashtra Undertaking, for the development of distribution infrastructure & system strengthening works across Nashik zone and Kolhapur zone in the state of Maharashtra.

Both LoAs were issued under the power distribution enhancement program funded by the Asian Development Bank (ADB), awarded through National Competitive Bidding. The Nashik zone contract is valued at Rs 235.63 crore and the Kolhapur zone contract at Rs 295.17 crore, both excluding GST.

Disclaimer: No Business Standard Journalist was involved in creation of this content

First Published: Apr 04 2026 | 11:50 AM IST

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Bajaj Finance Q4 deposits drop 4% YoY; AUM crosses Rs 5 lakh crore

by Hansraj Agrawal | Apr 4, 2026 | Share Market

Last Updated : Apr 04 2026 | 11:31 AM IST

Bajaj Finance’s deposits book declined 4% to Rs 68,550 crore as on 31st March 2026, compared with Rs 71,403 crore as on 31st March 2025.

New loans booked grew by 20.5% to 12.89 million in Q4 FY26 as compared to 10.70 million in Q4 FY25.

Assets under management (AUM) crossed a milestone of Rs 5 lakh crore. AUM grew by 22% to approximately Rs 510,000 crore as of 31 March 2026 as compared to Rs 416,661 crore as of 31 March 2025. In Q4 FY26, AUM increased by approximately Rs 25,500 crore.

Customer franchise as of 31 March 2026 stood at 119.33 million as compared to 101.82 million as of 31 March 2025. In Q4 FY26, the customer franchise increased by 3.93 million.

Bajaj Finance is one of Indias leading and most diversified financial services companies. The company is mainly engaged in the business of lending. BFL has a diversified lending portfolio across retail, SME, and commercial customers with a significant presence.

The company reported a 6% decline in consolidated net profit to Rs 3,977.85 crore despite 17.63% jump in total revenue from operations to Rs 21,213.89 crore in Q3 FY26 over Q3 FY25.

The counter jumped 1.13% to end at Rs 826.40 on Thursday, 3 April 2026.

Disclaimer: No Business Standard Journalist was involved in creation of this content

First Published: Apr 04 2026 | 11:31 AM IST

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Triton Valves signs multi-year supply agreement with Aumovio Germany GmbH

by Hansraj Agrawal | Apr 4, 2026 | Share Market

Last Updated : Apr 04 2026 | 10:50 AM IST

Triton Valves has signed an agreement with Aumovio Germany GmbH for supply of certain type of TPMS valves (Parts), to be supplied to Aumovio
entities in India and overseas. Though the project agreement contains the sales volume only for the first five years out of a seven-year agreement, the parties are confident that sales volumes for sixth and seventh year would be released in due course.

For its India-based entity, Aumovio would require Triton Valves to supply 4.7 crores of Parts between Calendar Year 2027 and Calendar Year 2031, with a revenue of approx. Rs 112 crore over the five-year period.

Aumovio is a German-based independent automotive technology company, spun-off from Continental AG in 2025. Aumovio, inter alia, provides sensor technology for software-defined vehicles.

Disclaimer: No Business Standard Journalist was involved in creation of this content

First Published: Apr 04 2026 | 10:50 AM IST

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HDFC Bank's average deposits climb 13% YoY in Q4 FY26

by Hansraj Agrawal | Apr 4, 2026 | Share Market

HDFC Bank’s average deposits jumped 12.8% to Rs 28,51,100 crore crore in Q4 FY26 compared with Rs 25,28,000 crore in Q4 FY25.

The banks average CASA deposits were Rs 9,18,400 crore for the March 2026 quarter, a growth of around 10.8% over Rs 8,28,900 for the corresponding March 2025 period.

Average time deposits were at Rs 19,32,700 crore in the March 2026 quarter, up around 13.7% from Rs 16,99,100 crore in the March 2025 quarter.

The banks average advances under management (including inter-bank participation certificates, bills rediscounted, and securitisation/assignment) stood at Rs 29,64,400 crore for the March 2026 quarter, reflecting a growth of around 10% over Rs 26,95,500 crore in the corresponding March 2025 period.

In March 2026, the banks period-end deposits increased 14.4% year-on-year to Rs 31,05,500 crore, while period-end CASA deposits rose 12.3% year-on-year to Rs 10,60,500 crore.

The banks period-end gross advances increased 12% to Rs 29,60,000 crore as of 31 March 2026, compared with Rs 26,43,500 crore as of 31 March 2025.

HDFC Bank is India’s largest private sector lender. As of 31st December 2025, the bank’s distribution network was at 9,616 branches and 21,176 ATMs across 4,170 cities/towns as against 9,143 branches and 21,049 ATMs across 4,101 cities/towns as of 31 December 2024.

The bank reported an 11.46% jump in standalone net profit to Rs 18,563.75 crore on a 2.91% increase in total income to Rs 90,005 crore in Q3 FY26 over Q3 FY25.

The counter added 1.21% to Rs 751 on the BSE.

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