ICICI Bank ends higher after net profit rises over 8% to Rs 13,702 crore in Q4

ICICI Bank ends higher after net profit rises over 8% to Rs 13,702 crore in Q4


ICICI Bank advanced 0.63% to end at Rs 1356 after the company reported 8.5% rise in standalone net profit to Rs 13,702 crore in Q4 FY26 from Rs 12,630 crore in Q4 FY25.

Net interest income (NII) increased by 8.4% year-on-year (YoY) to Rs 22,979 crore in Q4 FY26. Net interest margin was 4.32% in Q4 FY26 as against 4.41% in Q4 FY25.

Non-interest income added up to Rs 7,415 crore (up 5.6% YoY) and fee income aggregated to Rs 6,779 crore (up 7.5% YoY) during the period under review.

Total income of the bank increased 1.80% YoY to Rs 50,584.38 crore in Q4 FY26.

 

Operating expenses increased by 12.05% YoY to Rs 12,089 crore in Q4 FY26 from Rs 10,789 crore in Q3 FY25.

Provisions (excluding provision for tax) decreased to Rs 96 crore in Q4 FY26 from Rs 891 crore in Q4 FY25, reflecting healthy asset quality and higher recoveries and write-backs.

Profit before tax in Q4 FY26 stood at Rs 18,103 crore, up by 7.9% from Rs 16,773 crore in Q4 FY25.

Total advances increased by 15.8% year-on-year to Rs 15,53,893 crore at 31 March 2025. Total period-end deposits increased by 11.4% year-on-year to Rs 17,94,625 crore at 31 March 2025.

With the addition of 126 branches during Q4-2026 and 528 branches in FY2026, the bank had a network of 7,511 branches and 12,087 ATMs & cash recycling machines at 31 March 2026.

The gross NPA ratio was 1.40% on 31 March 2026 compared to 1.53% on 31 December 2025 and 1.67% on 31 March 2025.

The net NPA ratio was 0.33% on 31 March 2026 compared to 0.37% on 31 December 2025 and 0.39% at 31 March 2025.

The bank has written-off gross NPAs amounting to Rs 1,768 crore in Q4-2026. The provisioning coverage ratio on non-performing loans was 75.8% on 31 March 2026.

As on 31 March 2026, the bank held total provisions, other than specific provisions on fund based outstanding to borrowers classified as non-performing, amounting to Rs 22,710 crore or 1.5% of loans.

The banks total capital adequacy ratio as on 31 March 2026 was 17.18% and CET-1 ratio was 16.35% after reckoning the impact of proposed dividend compared to the minimum regulatory requirements of 11.70% and 8.20% respectively.

For FY26, the bank has registered net profit and net interest income of Rs 50,147 crore (up 6.18% YoY) and Rs 88,075 crore (up 8.51% YoY), respectively.

The board of the bank has recommended a dividend of Rs 12 per share for FY26. The record/book closure dates will be announced in due course.

ICICI Bank (IBL) is a systemically important private sector bank in India. With a presence in banking, insurance, asset management, investment banking and private equity, the ICICI Group is a large player in the Indian financial system.



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ICICI Bank ends higher after net profit rises over 8% to Rs 13,702 crore in Q4

Bank of Maharashtra posts strong Q4 FY26 earnings; PAT jumps 35% YoY


Bank of Maharashtra reported a robust performance for the fourth quarter of FY26, with standalone net profit rising 34.89% year-on-year to Rs 2,014.09 crore, compared to Rs 1,493.08 crore in the same quarter last year.

Total income for the quarter ended 31 March 2026 increased 12.79% YoY to Rs 8,693.04 crore.

Profit before tax (PBT) climbed 51.58% to Rs 2,329.09 crore in Q4 FY26.

Net Interest Income (NII) grew 18.81% YoY to Rs 3,702 crore, while the banks net interest margin stood at 3.91%. Operating profit rose 16.92% to Rs 2,946 crore during the quarter.

Provisions and contingencies (excluding taxes) declined significantly by 37.25% year-on-year to Rs 617 crore in Q4 FY26, down from Rs 983 crore in the corresponding quarter last year.

 

For the full financial year FY26, the bank reported a 27.16% YoY increase in net profit to Rs 7,019.32 crore, with total income rising 15.56% to Rs 32,822.53 crore.

Asset quality showed marked improvement, with gross non-performing assets (GNPA) declining to 1.45% as of 31 March 2026, from 1.74% a year earlier. Net NPA also improved to 0.13% from 0.18% in the corresponding period. Provision coverage ratio strengthened to 98.59%.

On the business front, total business expanded 17.47% YoY to Rs 642,531 crore, driven by a 14.14% rise in deposits to Rs 3,50,564 crore and a 19.62% increase in gross advances to Rs 2,91,967 crore. Net advances grew 22.03% YoY to Rs 2,88,104 crore.

The banks Retail, Agriculture, and MSME (RAM) segment grew 20.74% YoY. Retail advances surged 32.39% to Rs 85,857 crore, while MSME advances rose 10.71% to Rs 53,547 crore.

Capital adequacy remained strong, with the Basel III capital adequacy ratio improving to 18.36%, including a Common Equity Tier 1 (CET1) ratio of 14.59%.

The cost-to-income ratio improved to 37.08% for FY26 from 38.37% in FY25. Return on Assets (ROA) rose to 1.86%, while Return on Equity (ROE) improved to 23.19% for the full year.

The board has recommended a final dividend of 12% (Rs 1.20 per equity share of face value Rs 10).

Looking ahead, the bank approved plans to raise up to Rs 7,500 crore through equity instruments such as QIP, FPO, or rights issues, along with Basel III-compliant bonds. It also cleared proposals to issue long-term infrastructure bonds worth up to Rs 10,000 crore and raise up to $500 million via foreign currency bonds in FY27.

Bank of Maharashtra is engaged in providing banking services. The bank’s segments include Treasury, Corporate/Wholesale Banking, Retail Banking and other banking operations.

The counter jumped 4.04% to end at Rs 75.66 on the BSE.



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ICICI Bank ends higher after net profit rises over 8% to Rs 13,702 crore in Q4

E2E Networks standalone net profit declines 52.68% in the March 2026 quarter


Sales rise 185.66% to Rs 95.64 crore

Net profit of E2E Networks declined 52.68% to Rs 6.44 crore in the quarter ended March 2026 as against Rs 13.61 crore during the previous quarter ended March 2025. Sales rose 185.66% to Rs 95.64 crore in the quarter ended March 2026 as against Rs 33.48 crore during the previous quarter ended March 2025.

For the full year,net loss reported to Rs 15.57 crore in the year ended March 2026 as against net profit of Rs 47.49 crore during the previous year ended March 2025. Sales rose 49.78% to Rs 245.58 crore in the year ended March 2026 as against Rs 163.96 crore during the previous year ended March 2025.

 ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var.Sales95.6433.48 186 245.58163.96 50 OPM %60.7639.84 51.4158.95 PBDT59.9136.58 64 148.03122.86 20 PBT8.5617.59 -51 -21.2062.78 PL NP6.4413.61 -53 -15.5747.49 PL

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First Published: Apr 20 2026 | 5:04 PM IST



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ICICI Bank ends higher after net profit rises over 8% to Rs 13,702 crore in Q4

Navkar Corporation reports turnaround Q4 numbers


Navkar Corporation reported standalone net profit of Rs 13.98 crore in Q4 FY26 as against net loss of Rs 18.53 crore in Q4 FY25.

Revenue from operations advanced 92.66% year-on-year (YoY) to Rs 200.76 crore in the quarter ended 31 March 2026.

The company reported a profit before tax of Rs 23.18 crore for the quarter, compared with a pre-tax loss of Rs 35.24 crore in the corresponding period of Q4 FY25.

Total expenses rose 28.04% to Rs 179.48 crore in Q4 FY26 as against Rs 140.17 crore posted in the corresponding quarter of the previous year. Employee benefits expenses stood at Rs 12.20 crore (down 3.25% YoY) and finance costs stood at Rs 3.88 crore (down 11.21% YoY) during the quarter under review.

 

Navkar Corporation provides cargo transit services across Container Freight Stations, Private Freight Terminal, Inland Container Depots and Multimodal Logistics Parks.

Shares of Navkar Corporation slipped 3.40% to Rs 108.20 on the BSE.

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

First Published: Apr 20 2026 | 4:04 PM IST



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Waaree Technologies zooms 105% in 8 trading days; Microcap firm clarifies

Waaree Technologies zooms 105% in 8 trading days; Microcap firm clarifies



Waaree Technologies share price

 

Waaree Technologies stock was locked at the 10 per cent upper circuit at ₹314.30 on the BSE in Monday’s intra-day trade with only buyers seen at the counter. 

 


Till 02:30 PM; around 189,000 shares changed hands and there were pending buy orders for 18,025 shares on the BSE.

 


In the past eight trading days, the stock price of Waaree Technologies zoomed 105 per cent from a level of ₹152.95 on April 4, 2026. Thus far in the month of April, the market price of the microcap stock skyrocketed 117 per cent. Currently, the company’s market capitalisation stood at ₹338.44 crore.

 
 


It had hit a 52-week high of ₹360.30 on July 21, 2025. The stock quotes 86 per cent below its all-time high of ₹2,209.40 touched on April 19, 2024.

 


Waaree Technologies clarifies on price movement

 


Waaree Technologies clarified that the price movement in the scrip of the company is absolutely market driven. The management of the company neither has any control nor has any knowledge of the reasons for the significant movement in price the scrip, the company said.

 


“The company has made and will continue to make all the relevant disclosures in compliance as and when required under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended from time to time with the BSE Limited,” Waaree Technologies said on clarification regarding significant movement in price of scrip.

 


Waaree Technologies overview

 


Waaree Technologies is engaged in the business of manufacturing of batteries, catering to both industrial and consumer segments, with a particular focus on energy storage systems, electric vehicles (EVs).

 


The company has faced multiple operational and financial challenges, including, higher input costs, underutilized production capacity, and slower-than-expected market traction.

 


Despite the setbacks, the company has made considerable efforts in streamlining operations, optimizing working capital, restructuring its cost base, and upgrading technology and quality systems at the manufacturing facility. Significant steps have also been taken to diversify the product mix and enter new market segments such as lithium-ion batteries and battery energy storage systems (BESS).

 


India’s battery manufacturing sector is poised for exponential growth driven by the Government’s initiatives like FAME-II, PLI scheme for ACC battery storage, and the push for electric mobility and renewable energy adoption. The company is well-positioned to capitalize on these developments, Waaree Technologies said in the FY25 annual report.

 


The company has adopted advanced battery production techniques and adopts flexible manufacturing techniques to adapt to the market in terms of product delivery. The management has past experience in battery manufacturing and has better reach with customers. Further, the company expects good business from trading and sale of batteries and its product components. The EV pushes by government and domestic/C&I/Grid Scale Storage of energy will provide good business opportunities to the company, it added.

 


Meanwhile, Waaree Technologies has yet not announced its October to December 2025 quarter (Q3FY26) results.

 


For the first half (April to September) of the financial year 2025-26 (H1FY26), the company reported a net loss of ₹1.72 crore, against a loss of ₹2.62 crore in the same period last fiscal. Revenue from operations declined to ₹4.1 crore from ₹5.6 crore in H1FY25.

       



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ICICI Bank ends higher after net profit rises over 8% to Rs 13,702 crore in Q4

Trent climbs as board to mull bonus issue, Q4 result on 22 April'26


Trent rallied 3.68% to Rs 4,256.90 after the company’s board will meet on Wednesday, 22 April 2026 to consider a bonus issue of equity shares for shareholders.

Meanwhile, the board will declare its standalone and consolidated financial results for the quarter and year ended 31st March 2026.

Further, the board will consider recommending a dividend on equity shares for the year ended 31st March 2026, subject to shareholders approval.

Additionally, the board will evaluate raising additional funds through the issue of equity shares through right issue or any other permissible mode.

Trent is part of the Tata Group and operates a portfolio of retail concepts. The primary customer propositions of Trent include Westside, one of India’s leading chains of fashion retail stores, Zudio, a one stop destination for great fashion at great value and Star, which operates in the competitive food, grocery and daily needs segment.

 

The company reported a 36.3% jump in standalone net profit to Rs 639.71 crore on 15.98% increase in revenue from operations to Rs 5,259.46 crore in Q3 FY26 over Q3 FY25.

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

First Published: Apr 20 2026 | 2:16 PM IST



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