Bank of Baroda announced Q2FY25 results BOB reported a standalone Net Profit of Rs 5,238 crore in Q2FY25 as against a profit of Rs 4,253 crore in Q2FY24 up by 23.2% YoY. Net Profit for H1FY25 stands at Rs 9,696 crore (+16.5% YoY) as against Rs 8,323 crore in H1FY24. Net Interest Income (NII) grew by 7.3% YoY to Rs 11,622 crore in Q2FY25. NII for H1FY25 registered a growth of6.4% and stands at Rs 23,222 crore. Non-Interest Income grew to Rs 5,181 crore in Q2FY25 as against Rs 4,171 crore in Q2FY24 registering a YoY growth of 24.2%. Non-Interest Income for H1FY25 stands at Rs 7,669 crore. Global NIM stands at 3.10% in Q2FY25 as against 3.07% in Q2FY24. NIM for H1FY25 stands at 3.14%. Yield on Advances increased to 8.48% in Q2FY25 as against 8.43% in Q2FY24 Cost of Deposits increased to 5.12% in Q2FY25 as against 4.92% in Q2FY24. Operating Income for Q2FY25 stands at Rs 16,803 crore, increase of 12% YoY. Operating Income for H1FY25 grew by 5.4% to Rs 30,891 crore. Operating Profit for Q2FY25 stands at IN R 9,477 crore, increase of 18.2% on a YoY basis. Operating Profit for H1FY25 increased by 5.0% to Rs 16,638 crore. Return on Assets (annualised) improved to 1.30% in Q2FY25 from 1.14% in Q2FY24. Return on Assets for H1FY25 stands at 1.20%. Return on Equity (annualised) for Q2FY25 stands at 19.22% and at 17. 79% for H1FY25. For the consolidated entity, Net Profit stood at Rs 5,355 crore in Q2FY25 as against Rs 4,394 crore in Q2FY24. Asset Quality: The Gross NPA of the Bank reduced by 15.9% YoY to Rs 28,551 crore in Q2FY25 and Gross NPA Ratio improved to 2.50% in Q2FY25 from 3.32% in Q2FY24. The Net NPA Ratio of the Bank stands at 0.60% in Q2FY25 as compared with 0.76% in Q2FY24. The Provision Coverage Ratio of the Bank stood at 93.61% including TWO and 76.31% excluding TWO in Q2FY25. Slippage ratio reduced to 1.07% for Q2FY25 as against 1.81 % for Q2FY24. Slippage ratio also reduced to 0.90% for H1FY25 as against 1.28% in H1FY24. Credit cost remains below 1 % and stands at 0.65% for Q2FY25 and at 0.55% for H1FY25. Capital Adequacy: CRAR of the Bank stands at 16.26% in Sep'24. Tier-I stood at 14.18% (CET-1 at 12.67%, AT1 at 1.51 %) and Tier-II stood at 2.08% as of Sep'24. The CRAR and CET-1 of consolidated entity stands at 16.67% and 13.17% respectively. The Liquidity Coverage Ratio (LCR) consolidated stands at 123.7%(approx.). Result PDF
Conference Call with NTPC Ltd. Management and Analysts on Q2FY25 Performance and Outlook. Listen to the full earnings transcript.
Defence company Bharat Electronics announced H1FY25 & Q2FY25 results Navratna Defence PSU Bharat Electronics Limited (BEL) has achieved a Turnover of Rs 8,530.43 crore, registering a growth of 15.83% during H1FY25 over the Turnover of Rs 7,364.82 crore recorded in the corresponding period of the previous year. During Q2FY25, BEL achieved a Turnover of Rs 4,425.29 crore as against Rs 3,918.13 crore recorded in the corresponding period of the previous year. Profit Before Tax (PBT) during H1FY25 stood at Rs 2,488.22 crore, with a growth of 40.05% over the Profit Before Tax (PBT) of Rs 1,776.69 crore recorded in the corresponding period of the previous year. During Q2FY25, Profit Before Tax (PBT) stood at Rs 1,450.88 crore as against Rs 1,072.94 crore recorded in the corresponding period of the previous year. Profit After Tax (PAT) during H1FY25 stood at Rs 1,867.41 crore, with a growth of 39.03% over the Profit After Tax (PAT) of Rs 1,343.18 crore recorded in the corresponding period of the previous year. During Q2FY25, Profit After Tax (PAT) stood at Rs 1,091.27 crore crore as against Rs 812.34 crore recorded in the corresponding period of the previous year. The order book position of the company as on 1st October, 2024 stood at Rs 74,595 crore. Result PDF
Cigarettes-Tobacco Products company ITC announced Q2FY25 results Gross Revenue records strong growth; up 16% YoY driven by Agri Business and Hotels EBITDA up 5% YoY; exluding Paper up by 6.3% YoY The FMCG businesses delivered resilient performance amidst muted demand conditions with segment revenue growing 5.4% YoY to Rs 5,578 crore; up 7% YoY exluding notebooks Cigarettes Net Segment Revenue up 7.3% YoY, Segment PBIT up 5.1% YoY Hotels Segment delivered strong performance on a high base (LY includes G20 related business); Segment Revenue up 12.1% YoY (2-year CAGR +16.5%); Segment PBIT up 20.2% YoY Agri Business Segment Revenue up 47% YoY led by Leaf Tobacco & Value Added Agri products; Segment PBIT up 27.5% YoY Result PDF