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.

TRUMP: ‘GREAT PROGRESS’ IN RUSSIA-UKRAINE PEACE & HOSTAGE TALKS; WARNS NEW RUSSIA DOCUMENT COULD DRIVE MOSCOW FROM NEGOTIATIONS, SAYS RUSSIA ‘MUST STAY AWAY FROM IRAN SUPPORT’

TRUMP CRITICISES ZELENSKYY FOR TARGETING RUSSIAN DIESEL REFINERIES, SAYING UKRAINE’S REFINERY ATTACKS HURT GLOBAL AND U.S. DIESEL MARKETS AND THAT ZELENSKYY ‘DOES NOT WANT TO END THE WAR WITH RUSSIA’.

SEVERAL EXPLOSIONS IN SAUDI ARABIA’S JEDDAH, FLIGHTS SUSPENDED AT JEDDAH’S KING ABDULAZIZ AIRPORT

ELON MUSK: I RECOMMEND DISTRIBUTING SHARES DIRECTLY TO PUBLIC AFTER ANTHROPIC PLEDGES 5% STAKE TO NEW PUBLIC BENEFIT FUND

IRAN’S IRGC NAVY: OIL TANKER CAUGHT FIRE AND EXPLODED AFTER HITTING MINE IN STRAIT OF HORMUZ

UKRAINE’S ZELENSKIY SAYS TRUMP IS URGING UKRAINE TO SURRENDER TO RUSSIA

Q2 Earnings

Good-ICICI Bank, PNB, Ixigo, Central Bank of India, Kross

Inline/Mixed-Urban Co, Axis Bank, HDFC Bank, DLF, Bajaj Housing Finance, Tejas Network, Bajaj Finserv (Operational Update), IDBI Bank, Rossari Biotech, Bajaj Healthcare, India Cements, Antony Waste (Operational Update), Yes Bank

Weak- Jindal Saw, LTM

EARNINGS WATCHLIST

🟢 POSITIVE

• ICICI Bank – NII growth at 17% YoY

• HDFC Bank – Numbers in line with expectations

• Axis Bank – PAT beats estimates on NII and credit costs

• PNB – Provisions dropped sharply

• Ixigo – Turnaround quarter

• Central Bank of India – NIM up 12 bps YoY

• Kross – Revenue up 79% YoY

• Bajaj Healthcare – Stable operational performance

🔴 NEGATIVE

• Urban Company (InstaHelp) – Losses remain elevated; fundraise may see mixed reactions

• Yes Bank – AT-1 bonds; statutory auditors issued a qualified review report

• LTM – Muted quarter; margins missed estimates and profit declined