Stocks to Watch: Tech Mahindra, HDFC Bank, Kotak Bank, Jio Financial Tech Mahindra reported a significant rise in consolidated net profit, which more than doubled to ₹1,250 crore in the July-September quarter of FY2024-25. This jump was primarily driven by special income from asset sales, growth in European and non-American markets, and a strong performance in the banking, financial services, and insurance (BFSI) segment. In the same quarter last year, the company's net profit stood at ₹493.9 crore. Revenue saw a 3.49 percent increase to ₹13,313.2 crore, compared to ₹12,863.9 crore in Q2 FY2023-24 HDFC Bank reported a 5.3 percent year-on-year rise in standalone net profit, reaching ₹16,821 crore for the July-September quarter of FY2024-25. Net interest income (NII) grew by 10 percent to ₹30,110 crore. This
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