India’s HDFC Bank has shattered quarterly profit expectations, driven by soaring lending margins and robust loan growth, Reuters reports. This stellar performance highlights the bank’s exceptional strength and resilience amid economic uncertainties
Browsing: quarterly profit
China’s Lenovo reported a quarterly profit significantly below analyst estimates, leading to a sharp decline in its shares. The tech giant cited ongoing challenges in the global PC market, raising concerns about its future performance.
Shares of IndusInd Bank fell recently despite assurances from CEO Sumant Kathpalia that the bank’s quarterly profit remains on track. The decline has raised concerns among investors regarding potential accounting discrepancies.