
ICICI Lombard | Largest private sector general insurer reported a 28.7% year-on-year (YoY) surge in net profit at ₹747 crore for the first quarter that ended June 30, 2025. In the corresponding quarter of the previous fiscal, ICICI Lombard General Insurance posted a net profit of ₹580 crore. The company’s booked net premium earned of ₹5,136 crore in Q1 FY26, a 14% jump from ₹4,504 crore a year earlier. The insurer’s combined ratio inched up to 102.9%, versus 102.5% in the previous quarter and 102.3% in the year‑ago period.

HDFC Life | The company reported a 14.4% rise in net profit for Q1FY26. Net profit stood at ₹547 crore, up from ₹478 crore a year ago. The insurer’s total Annualised Premium Equivalent (APE) came in at ₹3,225 crore. This is higher than the CNBC-TV18 poll estimate of ₹3,186 crore. Retail APE stood at ₹2,777 crore, also above the poll estimate of ₹2,717 crore. However, the value of new business (VNB) was slightly lower at ₹809 crore compared to the poll estimate of ₹817 crore. The VNB margin stood at 25.1%, just below the CNBC-TV18 poll of 25.6%.

HDB Financial Services | The NBFC arm of HDFC Bank reported a 2.4% year-on-year drop in net profit at ₹568 crore for the June quarter, compared to ₹582 crore in the same period last year. Revenue from operations rose 15% to ₹4,465 crore from ₹3,884 crore a year ago, signalling healthy momentum in core lending activity. Disbursements for the quarter came in at ₹15,171 crore, marking a 14% decline sequentially and an 8% drop year-on-year, signalling some softening in demand.

Just Dial | Local search engine reported a 13% year-on-year (YoY) increase in net profit at ₹160 crore for the first quarter that ended June 30, 2025. In the corresponding quarter of the previous fiscal, Just Dial posted a net profit of ₹141 crore. The company’s revenue from operations grows 6.2% to ₹298 crore as against ₹281 crore in the corresponding period of the preceding fiscal. At the operating level, EBITDA rose 7.2% to ₹86.4 crore in the first quarter of this fiscal over ₹80.6 crore in the corresponding period in the previous fiscal.

Indian Overseas Bank | The bank announced a 10-basis-point reduction in its Marginal Cost of Funds-Based Lending Rate (MCLR) across all loan tenures. The revised rates will take effect from July 15, 2025, following a review by the bank’s Asset Liability Management Committee (ALCO) held on July 14. The decision comes on the heels of the bank’s earlier move to reduce its Repo Linked Lending Rate (RLLR) by 50 basis points—from 8.85% to 8.35%—effective June 12, 2025.

Dixon Technologies | Electronics manufacturing services company, said it has entered into a binding Term Sheet with Chongqing Yuhai Precision Manufacturing Co. Limited to establish a prospective joint venture in India. As per the agreement, Dixon will hold 74% of the total paid-up share capital of the joint venture company, while Chongqing will own the remaining 26%. The joint venture aims to engage in the manufacturing and supply of precision components for laptops, mobile phones, IoT devices, automotive products, and any other categories mutually agreed upon by the two parties.

Center Capital | The firm announced that its board of directors has approved a proposal to raise funds amounting to ₹172.56 crore through a preferential issue of equity shares. The company will issue up to 5,01,91,537 equity shares of face value ₹1 each at a premium of ₹33.38 per share, resulting in an issue price of ₹34.38 per share. The proposed allotment will be made to 55 non-promoter investors, subject to shareholder approval.

Network18 Media | The company reported a standalone news business operating revenue of ₹430 crore for the quarter (April-June) ended June 30, 2025. The revenue declined 5% year-on-year (YoY) from ₹453 crore, impacted by a high base due to election-linked advertising revenue in the previous year, the company said.