Conference Call with Bajaj Housing Finance Management and Analysts on Q3FY25 Performance and Outlook. Listen to the full earnings transcript.
Housing Finance company Bajaj Housing Finance announced Q3FY25 results AUM: Rs 1,08,314 crore compared to Rs 85,929 crore during Q3FY24, change 26%. Net Total Income: Rs 933 crore compared to Rs 746 crore during Q3FY24, change 25%. PBT: Rs 713 crore compared to Rs 572 crore during Q3FY24, change 25%. PAT: Rs 548 crore compared to Rs 437 crore during Q3FY24, change 25%. Ratios for Q3FY25: Opex to NTI: 19.8%. Loan loss to Average Loan Assets: 0.15%. Return on Average Loan Assets: 2.4%. Return on Average Equity: 11.5%. Earning per share - Basic: 0.66. Earning per share - Diluted: 0.66. Result PDF
Capital Markets company 360 One Wam announced Q3FY25 results Financial Highlights: Total Revenue increased by 45.4% YoY to Rs 678 crore driven by strong growth in ARR AUM Revenue from Operations was Rs 605 crore - an increase of 37.7% YoY ARR revenue was Rs 426 crore - an increase of 26.2% YoY Combined ARR retention stood at 70 basis points (bps) vis-a-vis 68 basis points in Q2FY25. Within that, Wealth Management retention was at 73 bps, while Asset Management retention was at 65 bps Consolidated Profit After Tax was Rs 275 crore - an increase of 41.7 % YoY as against Rs 194 crore for Q3FY24 Tangible net worth stood at Rs 5,806 crore. Tangible Return on Equity was at 24.1% in Q3FY25 Business Highlights: Assets under Management for 360 ONE stood at Rs 5,79,222 crore, consisting of ARR AUM of Rs 2,47,999 crore and Transactional / Brokerage AUM of Rs 3,31,223 crore Wealth Management: ARR AUM rose to Rs 1,62,749 crore (+39% YoY) supported by robust growth across segments. Our 360 ONE Plus proposition saw growth of 49% YoY, while Distribution and Lending businesses grew by 32% YoY and 40% YoY respectively Asset Management: ARR AUM increased to Rs 85,250 crore (+23% YoY) mainly driven by growth in Listed Equity (+26% YoY), Private Equity (+24% YoY) and Credit (+17% YoY) and segments Karan Bhagat (Founder, MD & CEO) said: “Our focus continues to deliver a comprehensive platform for wealth and asset management, ensuring unmatched value for our clients and stakeholders. With the strategic acquisition of B&K;, we are seamlessly integrating advisory, research, and execution capabilities. This, not only enhances our offerings, but also creates a powerful flywheel effect - compounding value creation and driving exceptional client outcomes across an expanding spectrum of services.” Saahil Murarka, Managing Director, B&K; Securities said: “We are incredibly proud of B&K;'s history and heritage as one of India’s oldest financial services institutions. This partnership with 360 ONE WAM is a natural progression for us, combining the best our organisations have to offer. B&K;'s expertise in equities, institutional and corporate financial services with 360 ONE’s comprehensive wealth management and asset management capabilities. we look forwad to working closely and continuing to deliver exceptional service to our clients." Karan Bhagat, added: "This partnership marks a pivotal moment for both our firms. This acquisition strengthens our position as a market leader, enabling integration of research, advisory, and execution capabilities across a wider spectrum of services. We are excited to work with Saahil and his team to grow this business line and deliver better value to our institutional, corporate, and ultra-high-net-worth clients." Result PDF
Conference Call with Capri Global Capital Management and Analysts on Q3FY25 Performance and Outlook. Listen to the full earnings transcript.
ICICI Bank announced Q3FY25 results Profit before tax excluding treasury grew by 12.8% YoY and 3.2% QoQ to Rs 152.89 billion in Q3FY25. Core operating profit grew by 13.1% YoY and 2.9% QoQ to Rs 165.16 billion. Excluding dividend income from subsidiaries and associates, core operating profit grew by 14.7% YoY and 3.3% QoQ. Profit after tax grew by 14.8% YoY to Rs 117.92 billion in Q3FY25. Provisions of Rs 12.27 billion in Q3FY25 (0.37% of average advances) Deposits: Average deposits grew by 13.7% YoY and 2.1% QoQ at December 31, 2024. Average savings account deposits increased by 12.3% YoY and 1.3% QoQ. Average current account deposits increased by 13.1% YoY and 4.5% QoQ. Period end total deposits grew by 14.1% YoY and 1.5% QoQ Advances: Domestic loans grew by 15.1% YoY and 3.2% QoQ. Retail loans grew by 10.5% YoY and 1.4% QoQ. Business banking1 portfolio grew by 31.9% YoY and 6.4% QoQ. Domestic corporate portfolio grew by 13.2% YoY and 4.3% QoQ Asset Quality: Net NPA ratio was 0.42% at Dec 31, 2024 (Sep 30, 2024: 0.42%). Net additions of Rs 26.93 billion to gross NPAs in Q3FY25 (Q1FY25: Rs 26.24 billion; Q2FY25: Rs 17.54 billion). Provision coverage was 78.2% at Dec 31, 2024 (Sep 30, 2024: 78.5%). Fund based o/s of Rs 21.07 billion (0.2 % of advances) to all standard borrowers under resolution; provisions of Rs 6.91 billion held against these borrowers. Contingency provisions of Rs 131.00 billion at Dec 31, 2024 Capital: Common Equity Tier 1 ratio of 15.93% (Sep 30, 2024: 15.96%). Result PDF