News for PNB Gilts Ltd. (PNBGILTS.NS)

The earnings season for the second quarter of the financial year 2024–25 is in full swing and it’s going to be yet another action-packed day for investors on Oct. 24. As many as 115 companies will declare their financial results for the quarter ended Sept. 2024 on Thursday.

Q3 results today: Investors will focus on the Q3 earnings of prominent players such as Bajaj Auto, Tech Mahindra Ltd, Tata Steel Ltd, Indian Oil Corporation Ltd, RailTel Corporation of India, TVS Motor Company, and more.

Q3 results this week: Notable companies, including KFin Technologies Ltd, L&T Finance, Pidilite Ind, REC Ltd, IIFL Securities, Zensar Technologies, Axis Bank, JSW Steel Ltd, Indian Energy Exchange Ltd, SBI Life Insurance Company Ltd, Shriram Finance Ltd, Yes Bank are expected to report results.

Kalra served as the Managing Director & CEO, and Executive Director of Andhra Bank from 2012 to 2017.

Slice merged with the Guwahati-based small finance bank in October. Its shareholders will own 95-97% stake in the merged entity

The investment bank wants to broaden the range of loans it offers through its shadow banking unit, according to Sonjoy Chatterjee, chairman and chief executive officer for Goldman in India.

Goldman Sachs Group Inc. plans to expand credit & currency trading in India, targeting wealthy diaspora & increasing opportunities in world's fastest-growing major economy.

Shares of PNB Gilts Ltd. tumbled over 14% after it reported a net loss in the July-September quarter of fiscal 2024. The company reported a net loss of Rs 48.7 crore year-on-year in the September quarter, owing to higher finance costs, according to an exchange filing. This compares to a net profit of Rs 0.7 crore in the same quarter of the previous financial year.

Reliance Industries Ltd. is set to report its results for the quarter ended June on Friday. The oil-to-telecom conglomerate is likely to post a net profit of Rs 16,995.5 crore and a revenue of Rs 2,13,669.3 crore year-on-year. JSW Steel Ltd. will also report its first quarter earnings on July 21. Revenue is expected to be Rs 38,394.8 crore, while net profit could touch Rs 1,160.4 crore year-on-year, according to Bloomberg consensus estimates.