HDFC Q1 net profit at Rs 1,556 cr; gross NPAs rise to 1.12%

Muted volume growth accompanied by rise in raw material costs; longer term prospects remain healthy

A rise in such cases has led to a feeling of insecurity among people, says court

Private sector lender Federal Bank today reported a healthy set of numbers with a 25.6 per cent rise in net profit at Rs 210.15 crore for three months to June on higher core income and improvement in asset quality.

Sales rise 13.20% to Rs 1196.88 crore

Operating profit is likely to increase 4 percent year-on-year to Rs 126 crore but margin may contract 200 basis points to 19 percent in June quarter, according to average of estimates of analysts polled by CNBC-TV18.

Hero MotoCorp rose 0.35% to Rs 3,720 at 10:25 IST on BSE after net profit rose 3.49% to Rs 914 crore on 7.51% increase in gross turnover to Rs 8612.90 crore in Q1 June 2017 over Q1 June 2016.

The number of thefts on trains went up by 47 per cent from 2014 to 2016, the Lok Sabha was told today.

Shanthi Gears Ltd. , a Murugappa Group company, has recorded a marginal rise in its first quarter net, ending June 30, 2017 at Rs 5.06 crore.

Private sector lender Federal Bank has registered a rise of 25.6 per cent in its net profit at Rs 210.15 crore for first quarter of the current fiscal on higher core income and good returns on investments.