Core Business Profit Probably Fell in Q4

ICICI Bank reported 31 percent jump in the fourth quarter net profit and HDFC Bank Limited’s net profit rose to 30 percent. Even Reliance Industries (RIL) reported a net profit at 4236 crore. Other companies like YES bank, Petronet LNG, Max India and Exide are expected to give growth to CAGR (compound annual growth rate).

YES Bank is expected to receive a net profit of 259 crore, "Yes Bank has a structural weakness in the liability side. It has relatively lower share of current account and saving account (CASA)," Dinesh Sukhla, a banking analyst from Sharekhan brokerage told Moneycontrol.com.

Hemant Jani, Sharekhan told CNBC-TV18, “In Exide after two quarters of dismal performance we are seeing about 19-20% growth in the top line which means that both for the OEM as well as for the replacement segment the growth is coming back on track.”