SAUDI ARAMCO OFFERING MORE SPOT CRUDE OIL CARGOES INTO EUROPEAN MARKET FOR LATE OCTOBER TO MID-NOVEMBER DELIVERY, THREE TRADE SOURCES SAYS

ARAMCO OFFERING MORE SPOT CRUDE OIL CARGOES INTO EUROPEAN MARKET FOR LATE OCTOBER TO MID-NOVEMBER DELIVERY – RTRS SOURCES

ANGEL ONE — Q2 FY27 RESULTS

Net Profit: ₹335 Cr ↑58% YoY | ↑45% QoQ

Revenue: ₹1,427 Cr ↑19% YoY | Flat QoQ

EBITDA: ₹636 Cr ↑53% YoY | ↑31% QoQ

EBITDA Margin: 44.6% vs 34.6% YoY | 33.9% QoQ

JUST IN: 🇺🇸 US PPI rises to 6.3%, higher than expectations.

US CONTINUING JOBLESS CLAIMS ACTUAL: 1710K VS 1716K PREVIOUS; EST 1709K

US INITIAL JOBLESS CLAIMS ACTUAL: 199K VS 197K PREVIOUS; EST 200K

IRAN'S NAVY REPORTS AN OIL TANKER IS ON FIRE FOR VIOLATING REGULATIONS IN THE EASTERN STRAIT OF HORMUZ

MANKIND PHARMA: CO BOARD APPROVES UP TO EUR 45 MILLION INVESTMENT IN MANKIND NETHERLANDS AND ACQUISITION OF 70% STAKE IN ARMED CELL THERAPEUTICS FOR EUR 48 MILLION

SRI LOTUS DEVELOPERS — Q2 FY27 RESULTS

Net Profit: ₹88.50 Cr ↑91% YoY | ↑94% QoQ

Revenue: ₹268.60 Cr ↑53% YoY | ↑103% QoQ

EBITDA: ₹107 Cr ↑113% YoY | ↑123% QoQ

EBITDA Margin: 40.0% vs 28.6% YoY | 36.4% QoQ

L&T FINANCE — Q2 FY27 RESULTS

Net Profit: ₹973 Cr ↑32% YoY | ↑6% QoQ

NII: ₹3,187 Cr ↑33% YoY | ↑9% QoQ

PPOP: ₹1,948 Cr ↑30% YoY | ↑7% QoQ

Provisions: ₹629 Cr ↑24% YoY | ↑8% QoQ

Loan Assets: ₹1,32,174 Cr

AEGIS LOGISTICS: CO COMMISSIONS 35,000 MT PER ANNUM LPG BOTTLING PLANT AT JAWAHARLAL NEHRU PORT

FOUR BOOMS HEARD IN VICINITY OF PRESIDENTIAL PALACE IN YEMEN'S ADEN - THREE WITNESSES TELL RTRS

AXIS BANK — Q2FY27 RESULTS

FINANCIAL PERFORMANCE
- Net Profit ₹7,003 Cr (+38% YoY, -2% QoQ)
- Net Interest Income ₹15,371 Cr (+12% YoY, +5% QoQ)
- Operating Profit ₹11,083 Cr (+6% YoY, -5% QoQ)
- Provisions ₹1,694 Cr (-52% YoY, -24% QoQ)

RESULTS VS ESTIMATES
- Net Profit ₹7,003 Cr vs ₹5,090 Cr estimated
- Net Profit beat estimates by 37.6%
- NII ₹15,371 Cr vs ₹14,970 Cr estimated
- NII beat estimates by 2.7%

ASSET QUALITY
- Gross NPA 1.16% vs 1.28% QoQ and 1.5% YoY
- Net NPA 0.35% vs 0.39% QoQ

NET INTEREST MARGIN
- NIM 3.36% vs 3.46% QoQ
- NIM excluding FCNR(B) impact: 3.47%

SEGMENT-WISE PERFORMANCE

TREASURY OPERATIONS
- Revenue ₹8,959 Cr (+20.7% YoY, +5.6% QoQ)
- Profit ₹1,270 Cr (-4.4% YoY, -23.7% QoQ)

CORPORATE / WHOLESALE BANKING
- Revenue ₹14,717 Cr (+23.4% YoY, +3.9% QoQ)
- Profit ₹2,744 Cr (-3.5% YoY, -18.3% QoQ)

RETAIL BANKING
- Revenue ₹40,975 Cr (+15.7% YoY, +7.1% QoQ)
- Profit ₹4,245 Cr (-45.2% YoY, +19.1% QoQ)

OTHER BANKING BUSINESS
- Revenue ₹1,243 Cr (+6.9% YoY, +35.8% QoQ)
- Profit ₹1,118 Cr (+4.4% YoY, +31.7% QoQ)

KEY TAKEAWAYS
- Net profit grew 38% YoY, beating estimates
- NII increased 12% YoY and 5% QoQ
- Provisions declined significantly year-on-year
- Gross and net NPAs improved sequentially
- NIM declined 10 bps QoQ
- Retail banking revenue grew, but profit fell sharply YoY
- Treasury and wholesale banking profits declined sequentially

HDFC BANK Q2FY27 STD. :-

NII 34,619.20 Cr vs 31,551.50 Cr
(+9.72% YoY┃+3.24% QoQ)

Operating Profit (PPOP) 29,483.00 Cr vs 27,924.00 Cr
(+5.58% YoY┃+4.67% QoQ)

Provisions 3,574.00 Cr vs 3,500.00 Cr
(+2.11% YoY┃+16.80% QoQ)

PAT 19,610.00 Cr vs 18,641.00 Cr
(+5.20% YoY┃+2.83% QoQ)

GNPA 1.10% vs 1.20% YoY & 1.20% QoQ

EPS 12.70 vs 12.09 YoY & 12.35 QoQ

ICICI BANK Q2 FY27

Net Profit: ₹14,843 Cr ↑20% YoY | Flat QoQ

NII: ₹25,339 Cr ↑18% YoY | ↑4% QoQ

Operating Profit: ₹20,475 Cr ↑1% QoQ

Provisions: ₹850 Cr ↓33% QoQ

Gross NPA: 1.2% vs 1.38% QoQ

Net NPA: 0.3% vs 0.35% QoQ

Actual Gross NPA: ₹23,335 Cr ↓2% QoQ

Actual Net NPA: ₹5,705 Cr ↓3% QoQ

ICICI BANK Q2 FY27 : ACTUAL VS ESTIMATES

🟢 NET PROFIT: ₹14,843 Cr vs Est. ₹14,280 Cr — Beat by 3.94%

🟢 NII: ₹25,339 Cr vs Est. ₹24,811 Cr — Beat by 2.13%

🟢 OPERATING PROFIT (PPOP): ₹20,575 Cr vs Est. ₹20,555 Cr — Beat by 0.10%

ICICI BANK Q2 HIGHLIGHTS

Gross NPA At 1.2% Vs 1.38% QoQ

Net NPA At 0.3% Vs 0.35% QoQ

Advances At 18,31,579 Cr, up 12.3% QoQ, 30% YoY

Deposits At ₹20,49,874 Cr, up 11.8% QoQ, 27% YoY

NIM At 4.18% Vs 4.36% QoQ

NIM At 4.18% Vs ET NOW POLL OF 4.28%

Loans Grow 24.1% YoY, 7.3% QoQ Excluding FCNR(B) Loans At Sept 30, 2026

Deposits Grow 17% YoY, 3.1% QoQ Excluding FCNR(B) Deposits At Sept 30,2026

Total Loan Portfolio up 30.0% YoY At 18,31,580 Cr

Bank To Seek RBI Approval To Appoint Pradeep Kumar Sinha As Chairman From July 1, 2027 To Feb 16, 2029

ICICI BANK Q2 :

SLIPAGES DOWN 13 % TO 4833 CR QOQ

WRITE OFF DOWN 5 % TO 1592 CR QOQ

ICICI BANK Q2 FY27 HIGHLIGHTS

STRONG LOAN & DEPOSIT GROWTH

• Total Advances: ₹18,31,580 Cr, up 30% YoY & 12.3% QoQ

• Advances Excluding FCNR(B)-Backed Loans: Up 24.1% YoY & 7.3% QoQ

• Retail & Rural Loans: Up 14.8% YoY & 3.2% QoQ

• Business Banking: Up 33.8% YoY & 11.1% QoQ

• Domestic Corporate Loans: Up 30.6% YoY & 10.4% QoQ

• Domestic Advances: Up 22.8% YoY & 6.8% QoQ

• Total Deposits: ₹20,49,874 Cr, up 27.1% YoY & 11.8% QoQ

• Deposits Excluding FCNR(B): Up 17% YoY & 3.1% QoQ

• Average Deposits: ₹18,88,219 Cr, up 21.2% YoY & 8% QoQ

• Average CASA Deposits: Up 10.7% YoY & 1.4% QoQ

• Average CASA Ratio: 35.8%

ICICI BANK Q2 FY27 : SEGMENT-WISE PERFORMANCE (STANDALONE)

🏦 RETAIL BANKING

Revenue up 7.27% YoY to ₹43,723.90 Cr, up 3.69% QoQ.

Profit up 22.12% YoY to ₹7,716.35 Cr, up 23.68% QoQ.

🏦 WHOLESALE BANKING

Revenue up 28.06% YoY to ₹27,035.05 Cr, up 6.75% QoQ.

Profit up 37.36% YoY to ₹7,910.52 Cr, up 5.77% QoQ.

💰 TREASURY OPERATIONS

Revenue up 16.57% YoY to ₹39,532.75 Cr, up 6.24% QoQ.

Profit down 3.04% YoY to ₹4,015.60 Cr, down 16.73% QoQ.

🏦 OTHER BANKING OPERATIONS

Revenue up 272.55% YoY to ₹3,570.59 Cr, up 118.65% QoQ.

Profit down 50.18% YoY to ₹82.07 Cr, down 85.97% QoQ.

ICICI BANK Q2 FY27 : NIM

Net Interest Margin (NIM) at 4.18% vs 4.36% in Q1 FY27.

The bank stated that the benefit from interest on tax refunds was negligible in Q2 FY27, compared with 8 basis points in Q1 FY27 and negligible benefit in Q2 FY26.

Excluding the tax refund interest benefit, NIM was 4.28% in Q1 FY27.

RELIANCE INDUSTRIES: UNUSUALLY LARGE F&O BETS AHEAD OF JIO IPO: MINT

Two clients have built exceptionally large positions in Reliance Industries’ F&O contracts, with their positions exceeding 3% of RIL’s Market-Wide Position Limit (MWPL). Such large positions are considered highly unusual for RIL.

The aggressive positioning comes just days before the Jio Platforms IPO, which could become a major value-unlocking event for Reliance. A separate listing for Jio would provide a transparent market valuation for RIL’s largest digital asset and could help reduce the conglomerate discount applied to RIL.