From NDTV
Center-Right Owned by Adani Group (AMG Media)Bajaj Finserv Q2 Results: Profit Rises 23% To Rs 2,758 Crore, Total Income Up 17%
What's behind this
Brokerage estimates project that State Bank of India’s net profit for the September quarter could rise about 45%, falling between ₹23,539 crore and ₹25,250 crore, driven by gains from stake sales and higher income. Morgan Stanley noted that earnings beats in the quarter were led by Energy, Utilities and PSU banks, while profitability lagged in Healthcare.
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Brokerage estimates put SBI’s September-quarter net profit between ₹23,539 crore and ₹25,250 crore, ahead of its results announcement
RSS excerpt
Bajaj Finance remained the largest contributor to earnings among the group's financial services businesses, with its quarterly profit rising 29%. Bajaj Life Insurance also reported higher profitability, while Bajaj General Insurance posted a decline in profit.
