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major companies report q2 earnings amid mixed market expectations

State Bank of India reported a consolidated profit of Rs 20,219.62 crore for Q2FY25, marking a 23.4% increase year-on-year, with standalone profit rising 27.9% to Rs 18,331.44 crore. The bank's gross NPA ratio improved to 2.13%, while credit growth reached 14.93% YoY, driven by corporate and agricultural advances. Meanwhile, Tata Steel's EBITDA rose to Rs 55 billion, bolstered by strong Indian operations, despite widening losses in Europe.
Financialexpress
United States Dollar Indian Rupee Tata Motors Limited Vedanta Limited Ashok Leyland Limited Life Insurance Corporation of India State Bank of India IND Dheeraj Hinduja Shailesh Chandra Donald Trump Show more
Finance & Economy, Market Report
13:05 08.11.2024
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