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Breaking News: Axis Bank and HUL Q4 Results Highlights Revealed!

Axis Bank Q4 Axis Bank - financial results - HUL - profit - revenue - Tech Mahindra - Axis Bank Q4

Find out the latest financial updates from Axis Bank and HUL in their Q4 results. Net profits, dividends, and more revealed in the reports!

In the latest quarterly financial reports, Axis Bank disclosed a whopping net profit of Rs 7130 crore, marking a significant rebound after a previous loss. The private lender's net interest income also saw a healthy 11.5% increase year-on-year, showcasing a strong performance in a competitive market. On the other hand, HUL reported a slight decline in net profit, with earnings before interest, tax, depreciation, and amortization (EBITDA) lowering to Rs 2561 crore for the quarter.

Despite challenges, HUL's revenue from operations showed a marginal rise, reflecting resilience amidst market fluctuations. The FMCG giant also shared insights on domestic volume growth, highlighting a 2% increase in the March quarter. Looking ahead, Tech Mahindra's Q1 performance is anticipated to face weaknesses due to uncertain macro conditions and cautious tech spending, with potential impacts on net profits.

In a surprising turn of events, Axis Bank's final dividend recommendation of Re 1 per equity share has generated buzz among investors, pending approval at the upcoming AGM. Similarly, HUL's missed revenue expectations have spurred discussions within the financial community, signaling potential shifts in market trends.

As investors await further developments, Axis Bank's return to profitability and HUL's strategic focus on volume growth will be closely monitored for their implications on the banking and FMCG sectors. Stay tuned for more updates as the financial landscapes evolve.

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Image courtesy of "Business Today"

Axis Bank Q4 results highlights: Profit at Rs 7130 cr; dividend, Rs ... (Business Today)

Axis Bank board recommended a final dividend of Re 1 per equity share, subject to approval of the members of the bank at the ensuing 30th Annual General ...

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Image courtesy of "Livemint"

Axis Bank Q4 Results: Net profit at ₹7130 crore, NII rises 11.5 ... (Livemint)

Axis Bank Q4 Results: The private sector lender's net interest income-the difference between interest earned and paid-rose 11.5 per cent year-on-year to ...

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Image courtesy of "Business Today"

HUL Q4 results: Profit slips 2% to Rs 2561 crore; Rs 24 dividend ... (Business Today)

HUL Q4 results: "Earnings before interest, tax, depreciation and amortization (EBITDA) for the quarter at Rs 3535 crore (Q4 FY23: Rs 3574 crore) declined by ...

HUL Q4 Results: Net profit drops 6% YoY to Rs 2406 crore, misses ... (The Economic Times)

HUL Q4 Results: Revenue from operations in the reporting period rose marginally to Rs 14693 crore, compared with Rs 14638 crore in the corresponding period ...

Axis Bank Q4 Results: Lender back in black with profit of Rs 7130 cr ... (The Economic Times)

Axis Bank had reported a loss of Rs 5.728,42 crore in the corresponding quarter of the last financial year. For the full year, the net profit stood at Rs ...

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Image courtesy of "Moneycontrol.com"

HUL Q4 results: Net profit falls 6% to Rs 2406 cr; FMCG firm ... (Moneycontrol.com)

Hindustan Unilever Ltd on April 24 reported 6% fall in standalone net profit at Rs 2,406 crore for the fiscal fourth quarter as against Rs 2,552 crore in ...

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Image courtesy of "Business Standard"

HUL Q4FY24 results: Consolidated net profit dips 1.5% to Rs 2561 ... (Business Standard)

Hindustan Unilever Ltd (HUL) on Wednesday reported a consolidated net profit at Rs 2,558 crore for the quarter ending on March 31 in financial year 2023-24 ...

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HUL Q4 results: Net profit declines 6%, revenue marginally up; Here ... (Livemint)

During the fourth quarter, the company witnessed a slight increase in revenue from operations to ₹14693 crore, as opposed to ₹14638 crore recorded in the ...

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Image courtesy of "CNBCTV18"

HUL Q4 Results: Domestic volume growth of 2%; FMCG demand ... (CNBCTV18)

Hindustan Unilever Ltd. (HUL) reported domestic volume growth of 2% for the March quarter. The number is in-line with the CNBC-TV18 projection of 2% to 3% ...

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Image courtesy of "The Economic Times"

Tech Mahindra Q4 Results Preview: Weakness to persist as profit ... (The Economic Times)

Tech Mahindra's Q1 performance is expected to be subdued due to uncertain macro conditions and cautious tech spending. Net profit for March 2024 may decline ...

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Axis Bank Q4 results: Net profit stands at ₹7130 crore, asset quality ... (CNBCTV18)

Axis Bank Q4 results: Net Interest Income (NII) stood at ₹13089 crore, outperforming CNBC-TV18's poll expectation of ₹12803.9 crore.

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Axis Bank Q4 results: Key highlights from the earnings report (Moneycontrol.com)

The bank board recommended a final dividend of Re 1 per equity share.

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IEL Q4 results : profit at ₹0.14Cr, Revenue increased by 5898.75 ... (Livemint)

Compared to the previous quarter, IEL witnessed a strong revenue growth of 66.19%, indicating a positive trend in its financials. Despite a stagnant performance ...

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Multi Commodity Exchange Of India Q4 Results Live : profit rise by ... (Livemint)

The topline increased by 35.43% & the profit increased by 1512.29% YoY. As compared to the previous quarter the revenue declined by 5.42% and the profit ...

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Image courtesy of "Business Standard"

Axis Bank Q4 results: Reports net profit at Rs 7130 crore, NII rises 11% (Business Standard)

Axis Bank Q4 results: Axis Bank reported net loss of Rs 5728.42 crore in the same period of the previous year.

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Image courtesy of "Hindustan Times"

Axis Bank Q4 results: Net profit at ₹7130 crore, asset quality improves (Hindustan Times)

Axis Bank Q4 results: The private bank reported a standalone net profit of 71.30 billion Indian rupees ($856.3 million) for the quarter ended March 31.

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