Latest news with #JLG
Business Standard
3 days ago
- Business
- Business Standard
RBL Bank Q1 PAT tanks 46% YoY to Rs 200 crore
The private lender's standalone net profit tumbled 46.07% to Rs 200.33 crore in Q1 FY26 as against Rs 371.52 crore posted in Q1 FY25. However, total income increased 4.85% year on year (YoY) to Rs 4,510.57 crore in the quarter ended 30 June 2025. Provisions (other than tax) and contingencies surged 20.75% YoY to Rs 442.32 crore during the first quarter of FY26. Profit before tax tanked 47.11% to Rs 260.63 crore in Q1 FY26 as against Rs 492.79 crore posted in the year-ago period. Net interest income degrew 13% YoY to Rs 1,481 crore in the quarter ended 30 June 2025. Net interest margin (NIM) reduced to 4.50% in Q1 FY26, compared to 5.67% reported in the same quarter a year ago. Operating profit in the quarter ended June 2025 was at Rs 703 crore, down 18% from Rs 859 crore recorded in Q1 FY25. On the asset quality front, gross non-performing assets (NPAs) stood at Rs 2,685.86 crore as of 30 June 2025, as against Rs 2,377.82 crore as of 30 June 2025. The GNPA ratio improved to 2.78% as of 30 June 2025, as against 2.69% as of 30 June 2024. The net NPA ratio stood at 0.45% as of 30 June 2025, compared to 0.74% as of 30 June 2024. The provision coverage ratio, including technical write-offs, was at 94.18% as of 30 June 2025, as against 90.04% as of 30 June 2024. As of 31 March 2025, net advances were at Rs 94,431 crore, registering a growth of 9% YoY, while deposits grew by 11% YoY to Rs 112,734 crore. CASA deposits stood at Rs 36,614 crore as of 30 June 2025, up 11% YoY. The CASA ratio reduced to 32.5% as of 30 June 2025. Total capital adequacy was up 3bps YoY to 15.59% vs 15.56% as of 30 June 2024; CET 1 up 20bps YoY to 14.05% as against 13.85% as of 30 June 2024. As of 30 June 2025, the bank has 2,036 total touchpoints of which 562 are bank branches and 1,474 business correspondent branches. Of 1,474 BC branches, 297 are banking outlets. R Subramaniakumar, MD & CEO, RBL Bank remarked, We have navigated a challenging environment with resilience and discipline, delivering strong momentum in secured retail and commercial banking while deepening our granular deposit base. During Q1 FY26, slippages in the JLG portfolio have moderated, with SMA levels reverting to Q1 FY25 level. The core engine remains robustanchored in disciplined execution, profitability-driven growth, and a sharp customer focus. We are pleased to report steady performance this quarter and continued progress on our key priorities. RBL Bank is one of India's leading private sector banks with an expanding presence across the country. The bank offers specialized services under five business verticals, namely: corporate & institutional banking, commercial banking, branch & business banking, retail assets, and treasury and financial markets operations. Shares of RBL Bank tanked 2.07% to end at Rs 263.15 on Friday, 18 July 2025.
Globe and Mail
4 days ago
- Automotive
- Globe and Mail
Oshkosh Corporation to Announce Second Quarter 2025 Earnings on August 1, 2025
Oshkosh Corporation (NYSE: OSK), a leading innovator of purpose-built vehicles and equipment, will issue its second quarter 2025 financial results on Friday, August 1, 2025. The results will be discussed during a live webcast that day beginning at 8:30 a.m. EDT. To access the webcast, investors should go to approximately 15 minutes prior to the event. Slides for the webcast will be available on the website the morning of August 1. About Oshkosh Corporation At Oshkosh (NYSE: OSK), we make innovative, purpose-built vehicles and equipment to help everyday heroes advance communities around the world. Headquartered in Wisconsin, Oshkosh Corporation employs over 18,000 team members worldwide, all united behind a common purpose: to make a difference in people's lives. Oshkosh products can be found in more than 150 countries under the brands of JLG ®, Pierce ®, MAXIMETAL, Oshkosh ® S-Series™, McNeilus ®, IMT ®, Jerr-Dan ®, Frontline™ Communications, Oshkosh ® Airport Products, Oshkosh AeroTech™, Oshkosh ® Defense and Pratt Miller. For more information, visit
Business Insider
24-06-2025
- Business
- Business Insider
Johns Lyng Group Ltd (JLG) was upgraded to a Buy Rating at Morgans
Morgans analyst James Filius upgraded Johns Lyng Group Ltd (JLG – Research Report) to a Buy today and set a price target of A$2.70. The company's shares closed yesterday at A$2.83. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter According to TipRanks, Filius is an analyst with an average return of -9.7% and a 34.55% success rate. Filius covers the Industrials sector, focusing on stocks such as Johns Lyng Group Ltd, Lindsay Australia Limited, and Silk Logistics Holdings Ltd.. Currently, the analyst consensus on Johns Lyng Group Ltd is a Moderate Buy with an average price target of A$2.95. JLG market cap is currently A$801.2M and has a P/E ratio of 20.17. Based on the recent corporate insider activity of 13 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of JLG in relation to earlier this year.
Business Insider
12-06-2025
- Business
- Business Insider
Morgans downgrades Johns Lyng Group Ltd (JLG) to a Hold
Morgans analyst James Filius downgraded Johns Lyng Group Ltd (JLG – Research Report) to a Hold today and set a price target of A$2.70. The company's shares closed today at A$2.99. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Filius covers the Industrials sector, focusing on stocks such as Lindsay Australia Limited, Johns Lyng Group Ltd, and Silk Logistics Holdings Ltd.. According to TipRanks, Filius has an average return of -10.3% and a 38.18% success rate on recommended stocks. The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Johns Lyng Group Ltd with a A$3.20 average price target. JLG market cap is currently A$719.1M and has a P/E ratio of 18.10. Based on the recent corporate insider activity of 13 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of JLG in relation to earlier this year.
The Star
23-05-2025
- Business
- The Star
JLand Group and Eco World International to jointly explore real estate projects in Malaysia and Australia
From left: JLand Group managing director Datuk Sr. Akmal Ahmad, JLand Group managing director, property development Zamri Yusof, EcoWorld International Bhd (EWI) president & CEO Datuk Teow Leong Seng and EWI Chairman Cheah Tek Kuang. KUALA LUMPUR: JLand Group (JLG), the real estate and infrastructure arm of Johor Corp (JCorp), and Eco World International Bhd (EWI) have signed a framework agreement to explore joint real estate development opportunities in Malaysia and Australia. In a joint statement, the companies said the agreement reflects a shared ambition to unlock strategic value across both markets by leveraging the strengths of two forward-looking development platforms. The non-binding agreement, signed through JLG Investment Holdings Sdn Bhd, paves the way for both parties to jointly evaluate high-potential projects and explore appropriate partnership structures for sites owned or identified by either side. JLG has shown interest in EWI's residential site at Macquarie Park, a prime location just 18 kilometres from Sydney's central business district. Meanwhile, EWI is considering involvement in a proposed 300-acre industrial development within Ibrahim Technopolis (IBTEC), JLG's flagship integrated township in Sedenak, Johor. Situated within the Johor-Singapore Special Economic Zone (JS-SEZ), IBTEC benefits from over RM34bil in committed investments. JLand Group managing director Datuk Sr Akmal Ahmad said the framework agreement marks the next chapter in the company's deliberate regional growth strategy. 'Macquarie Park presents an opportunity to build on the momentum we've established in Australia, while IBTEC offers a compelling platform for global collaboration here in Johor. 'We remain firmly focused on our core mission to drive high-impact, sustainable development locally, and continue creating investor-ready ecosystems that attract the confidence of listed partners with international reach like EWI. This potential partnership reflects our commitment to scale with the right collaborators who share our long-term vision, values, and execution discipline,' he said in the statement. EWI president and CEO Datuk Teow Leong Seng said: 'We are equally excited about the opportunity to participate in a strategic development within IBTEC, which is already among the country's most prominent smart and sustainable industrial zones.' 'We look forward to working with JLG to create opportunities that attract high-value industrial players. The framework agreement creates a platform for us to explore how we can pool our combined capabilities, strengths, and resources to capture a larger share of the rapidly growing industrial demand in the Johor-Singapore Special Economic Zone and Iskandar Malaysia as a whole,' Teow said. Should the collaboration progress to formal agreements, it will represent EWI's first entry into Malaysian real estate development, and a continued regional stride for JLG—affirming that the group's formula for integrated, sustainable growth continues to resonate beyond domestic borders.
