FINWIRES · TerminalLIVE
FINWIRES

RBL Bank's Consolidated Profit Surges in Fiscal Q4

By

-- RBL Bank's (NSE:RBLBANK, BOM:540065) consolidated profit after tax jumped to 2.44 billion Indian rupees in the fiscal fourth quarter ended March 31, from 869.9 million rupees a year ago.

Earnings per share climbed to 3.90 rupees from 1.43 rupees a year earlier, according to a Saturday filing to the Indian stock exchanges. The EPS was lower than the 4.39 rupees estimated by analysts polled by Visible Alpha.

Interest earned by the lender in fiscal Q4 increased to 37.2 billion rupees from 34.8 billion rupees a year ago.

The bank's board proposed a dividend of 1 rupee per share of face value of 10 rupees each.

Related Articles

Asia

Axis Bank's Consolidated Net Profit Rises in Fiscal Q4; Shares Down 3%

Axis Bank (NSE:AXISBANK, BOM:532215) consolidated net profit increased to 76.0 billion Indian rupees in the quarter ended March 31, against 74.8 billion rupees a year ago, according to a Saturday filing to the Indian stock exchanges.The banks' shares were down over 3% in Monday's trade.Earnings per share climbed to 24.33 rupees compared with the year-ago figure of 24.01 rupees.Interest earned by the lender in fiscal Q4 also grew year on year to 341.7 billion rupees from 324.5 billion rupees a year earlier.The board of directors recommended a dividend of 1 rupee per share for the financial year ended March 31.

$BOM:532215$NSE:AXISBANK
Research

Research Alert: CFRA Keeps Strong Buy Opinion On Shares Of Newmont Corporation

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:We lift our 12-month target price by $3 to $153, assuming an EV/EBITDA of 7.0x our 2027 EBITDA estimate, above NEM's three-year average forward EV/EBITDA of 6.5x and above peers' 6.0x. We raise our 2026 EPS estimate by $1.67 to $10.31 and our 2027 EPS forecast by $2.09 to $12.89. Newmont remains on track to deliver its 2026 guidance of 5.3 million gold ounces, though management characterizes 2026 as a trough year due to planned mine sequencing at several operations. The company is well-positioned for production growth beginning in 2027, with a longer-term outlook of approximately 6 million ounces of gold and 150,000 tonnes of copper annually. Key growth drivers include completion of Tanami Expansion 2 (2H 2027), ongoing development of Cadia panel caves, and the Ahafo North ramp-up. NEM's world-class portfolio, coupled with robust free cash flow generation in a supportive gold price environment, supports sustained capital returns through its enhanced capital allocation framework.

$NEM
Asia

Aye Finance's Consolidated Profit Jumps in Fiscal Q4; Shares Up 4%

Aye Finance's (NSE:AYE, BOM:544699) consolidated profit rose sharply to 859.1 million Indian rupees in the fiscal fourth quarter ended March 31, from 407.0 million rupees a year ago.The financial services company's earnings per share came in at 3.85 rupees from 2.09 rupees a year ago, according to a Monday filing to the Indian bourses.Revenue from operations in fiscal Q4 also increased to 5.28 billion rupees from 4.09 billion rupees a year ago.The company's shares were up over 4% in recent trade.

$BOM:544699$NSE:AYE