Apart from Q4 report, Maruti s board recommended the highest-ever dividend of ₹90 per share for fiscal year FY23. Also, in light of the estimated market demand including exports, the board in principle approved the creation of an additional capacity of up to one million vehicles per year.
ICICI s net profit jumped by 30% YoY to ₹9,122 crore in Q4FY23, while net interest income soared by a whopping 40.2% YoY to ₹17,667 crore in the quarter. Net interest margin expanded sharply to 4.9% in Q4.
In Q4FY23, the Mukesh Ambani-backed RIL earned the highest ever quarterly profits driven by strong operating performance of mainstay O2C business, optimised feedstock cost, and supportive product margins. The retail and telecom arm also witnessed stable growth.