Wednesday, October 22, 2025 News Archive

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SW Solar Q2 FY26 revenue rises 70% to ₹1,748.6 cr; reports ₹473.2 cr net loss

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SW Solar Q2 FY26 revenue ₹1,748.
SW Solar reported Q2 FY26 revenue of ₹1,748.6 crores, a 69.7% year-on-year increase, but posted a sharp net loss of ₹473.2 crores compared to a profit last year. The loss was driven by cost overruns, delayed project executions, and higher input expenses. Management expects a margin recovery in H2 FY26 through operational efficiency and improved capacity utilization. The company continues to focus on long-term renewable project expansion and financial restructuring to stabilize cash flow and profitability.
Oct 22, 2025 • 17:45
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IDFC First Bank Q2 FY26 profit rises 64% YoY to ₹347.8 cr as revenue reaches ₹11,828 cr

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IDFC First Bank Q2 FY26 revenue ₹11,828 cr (+10.
IDFC First Bank reported consolidated revenue of ₹11,828.41 crores for Q2 FY26, reflecting a 10.71% year-on-year increase, while net profit surged 64.10% to ₹347.8 crores. Growth was primarily driven by higher net interest income, improved asset quality, and robust loan portfolio expansion. The bank’s CASA ratio remained stable at 48.6%, while net interest margin stood at 6.3%. Operating expenses were contained due to enhanced digital efficiencies. Management reaffirmed its guidance of 15% annualized loan growth and steady credit cost control for FY26.
Oct 22, 2025 • 17:45