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The Baseline
22 Jul 2018
Results Dashboard: HDFC Bank posts growth but misses estimate, South Indian Bank reports losses, Bata India up

HDFC Bank was among the 17 companies that reported results over the weekend. While it showed growth in revenues and net profit, it was the slowest profit growth in five quarters. The Bank missed estimates, with net profit for the June quarter rising 18.2 percent to Rs 4,601 crore, compared to forecasts of Rs 4,786 crore.

Reliance Power reported negative revenue growth, while South Indian Bank reported losses. Bata India posted  revenue growth of over 8% and double digit net profit growth. Just Dial is likely to disappoint investors after showing marginal profit growth despite revenue expansion. For the full result dashboard click here.

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