Stocks in news: HDFC Bank, ICICI Bank, RIL, Trent, Jio Financial

Markets witnessed a range-bound yet positive session on Friday, extending gains for the fifth consecutive day, supported by favourable global cues. Today, markets are likely to react first to the results of banking heavyweights such as HDFC Bank and ICICI Bank in early trade. Besides, developments on the geopolitical front will also remain on participants' radar.

In today's trade, shares of HDFC Bank, ICICI Bank, RIL, Trent, Jio Financial among others will be in focus due to various news developments and fourth quarter results.

ICICI Bank
ICICI Bank, one of India's leading private lenders, on Saturday reported a net profit of Rs 13,702 crore in the fourth quarter of FY26, marking an increase of 8% YoY from Rs 12,630 crore reported in the same quarter last year. The company’s net interest income stood at Rs 22,979 crore, higher by 8% from the Rs 21,193 crore posted in the corresponding quarter of the previous financial year.

HDFC Bank
HDFC Bank, India’s leading private lender, reported a net profit of Rs 19,221 crore in the March quarter, marking an increase of 9% from Rs 17,616 crore reported in the corresponding quarter of the previous financial year. The lenders interest income came in at Rs 76,610 crore, translating to a decrease of 1% from Rs 77,460 crore in the same quarter last year.

YES Bank
Private Lender Yes Bank reported a strong performance in its Q4 results, with net profit rising 45% YoY to Rs 1,068 crore, compared to Rs 738 crore in the same period last year. Net interest income (NII) also saw healthy growth, increasing 16% YoY to Rs 2,638 crore from Rs 2,276 crore.

RIL
Reliance Industries (RIL) will announce its Q4FY26 earnings on April 24 and its board will consider and likely approve final dividend for the financial year ended March 2026. The company's board will meet on April 24 to consider its earnings and will hold an analyst meet following the board meeting.

Jio Financial
Jio Financial Services on Friday reported a 14% YoY decline in its consolidated net profit for the quarter ended March 2026 at Rs 272 crore compared to Rs 316 crore in the year ago period. The total revenue from operations in Q4FY26 stood at Rs 1,019 crore, surging 106% over Rs 493 crore in the corresponding quarter of the last financial year.

Trent
Trent informed the exchanges that its board will meet on April 22 to consider a bonus issue of shares to investors, subject to approval of the shareholders. The company will also declare financial results on the same day. Apart from the bonus issue, multiple proposals will be on the agenda of the board meeting. The company will consider recommending a dividend and a proposal for enabling employee stock option plan for eligible employees.

Lupin
Lupin received three observations from USFDA after Somerset facility inspection. USFDA conducted inspection at Somerset Facility from April 13-17.