Reliance Industries, Vodafone Idea, Axis Bank, Deepak Nitrite and other hot stocks on January 24

Jan 24, 2022

By: Rounak Jain

Reliance Industries

Reported a 38 percent jump in net profit to ₹20,539 crore, year-on-year, with a surge in demand across all its businesses – from refining to retail to digital.

Credit: BCCL

Contd...

Gross revenue jumped over 52 percent to ₹2,09,823 crore, with Jio reporting its highest ever average revenue per user and Retail reporting its best-ever quarter.

Credit: Reliance

Vodafone Idea

Loss expanded to ₹7,231 crore from ₹7,132 crore in the previous quarter. Revenue rose marginally by 3 percent to ₹9,713 crore. Average revenue per user saw a jump to ₹115 from ₹109.

Credit: BCCL

ICICI Bank

Reported a 25 percent increase in net profit to ₹6,194 crore while net interest income surged 23 percent to ₹12,236 crore, year-on-year.

Credit: BCCL

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Its net non-performing assets ratio declined to 0.85 percent from 0.99 percent. This is its lowest since 2014.

Credit: BCCL

Earnings today

Axis Bank, Deepak Nitrite, HDFC AMC, Burger King India, Craftsman Automation, IndiaMart, SBI Cards, Zensar Technologies, among others.

Credit: Pixabay

Bandhan Bank

Reported a 36 percent increase in net profit to ₹859 crore in the December quarter, while net interest income rose marginally to ₹2,125 crore from ₹2,072 crore, year-on-year.

Credit: Bandhan-Bank

ONGC

Entered the development stage of a project in Brazil after a major gas discovery. It holds a 25 percent stake in the project.

Credit: ONGC

PTC India Financial

Media reports suggest that market regulator SEBI has ordered the company to not hold any board meeting until the corporate governance issues are addressed.

Credit: PTC-India-Financial

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