Q3 results today: Ultratech, HPCl, Zee among 59 to post earnings on Jan 23

Q3FY25 company results, January 23: Two Adani entities including Adani Energy Solutions and Adani Green Energy will release results for the Oct-Dec quarter today

Zee Entertainment Enterprises Limited (ZEEL) and Hindustan Petroleum Corporation Limited (HPCL) will be among 59 companies to release their earnings report for the third quarter (Q3) of the financial year 2024-25 (FY25) on Thursday.

 

Two Adani entities including Adani Energy Solutions Limited and Adani Green Energy Limited will also be releasing their financial performance reports for the October-December quarter today.

 

Other major companies posting their Q3FY25 results include Ultratech Cement, Mankind Pharma, Dr Reddy's Laboratories, Thyrocare Technologies, Daichi Industries, and United Spirits.

 

Ultratech Q3 preview

Brokerage firms expect cement companies to see a sequential improvement in earnings for the quarter ending December 31, 2024, driven by higher cement prices and growing volumes. However, they anticipate that earnings will remain relatively flat compared to the same period last year.

 

Dr Reddy's Q3 preview

Analyst estimates gathered by Business Standard suggest that Dr. Reddy's Labs may experience a 14.7 per cent year-on-year increase in revenue, reaching Rs 8,281 crore, up from Rs 7,236 crore in Q3 FY24. On a sequential basis, the company's revenue could rise by 0.7 per cent, compared to Rs 8,038 crore in Q3 FY24.

 

Market review

On Wednesday, equity benchmark indices experienced a volatile day of trading. After a steady start, the indices lost their early gains and dipped into the red, only to recover later, driven by strong performances in IT and private banking stocks.

The BSE Sensex opened at 76,114 but dropped to a low of 75,817 before climbing back to a high of 76,461. It ultimately closed with a gain of 567 points, ending the day at 76,405.

 

The NSE Nifty 50 index briefly fell below the 23,000 mark for the second consecutive day, reaching a low of 22,981. However, it finished the session 131 points higher, closing at 23,155.  

Nifty50 fell 27 points to close below 23,150 in the pre-open session on Thursday, while the BSE Sensex edged up slightly to settle at 76,415. Benchmark indices, Sensex and Nifty50, are expected to open lower due to mixed global cues. Asia-Pacific markets traded mixed on Thursday as investors responded to various economic data from the region.

Follow the latest market updates here: Stock Market LIVE Updates

 

Investors will closely monitor Q3 earnings from major companies such as HPCL, UltraTech Cement, Indus Towers, Dr Reddy’s, and United Spirits, among others.

List of firms releasing Q3 FY25 results on Jan 23

1. Aarnav Fashions Limited
2. Automobile Corporation of Goa Limited
3. Adani Energy Solutions Limited
4. Adani Green Energy Limited
5. Alivus Pharmaceuticals Limited
6. Amber Enterprises India Limited
7. Ashapura Minechem Limited
8. Capricorn Systems Global Solutions Limited
9. Capri Global Capital Limited
10. CIL Nova Petrochemicals Limited
11. Cyient Limited
12. Daichi Industries Limited
13. Dr Reddy's Laboratories Limited
14. EFC (I) Limited
15. Fervent Synergies Limited
16. Future Securities Limited
17. Greaves Cotton Limited
18. Gujarat Inject Limited
19. Hindustan Petroleum Corporation Limited
20. Indian Energy Exchange Limited
21. Indus Towers Limited
22. Ion Exchange (India) Limited
23. Jayaswal Neco Industries Limited
24. Jumbo Bag Limited
25. KFin Technologies Limited
26. LKP Finance Limited
27. LKP Securities Limited
28. Mankind Pharma Limited
29. Meenakshi Steel Industries Limited
30. Menon Bearings Limited
31. Mphasis Limited
32. MPS Limited
33. Nippon Life India Asset Management Limited
34. National Peroxide Limited
35. Nath Bio-Genes (India) Limited
36. NDL Ventures Limited
37. Nandan Petrochem Limited
38. Pil Italica Lifestyle Limited
39. Rajratan Global Wire Limited
40. Restile Ceramics Limited
41. Senores Pharmaceuticals Limited
42. SG Global Exports Limited
43. Shashwat Furnishing Solutions Limited
44. Sona BLW Precision Forgings Limited
45. Spandana Sphoorty Financial Limited
46. Suryoday Small Finance Bank Limited
47. Syngene International Limited
48. Tejas Networks Limited
49. Thyrocare Technologies Limited
50. Tokyo Finance Limited
51. Tata Teleservices (Maharashtra) Limited
52. Ujjivan Small Finance Bank Limited
53. UltraTech Cement Limited
54. United Spirits Limited
55. Universal Arts Limited
56. V2 Retail Limited
57. Vandana Knitwear Limited
58. Wall Street Finance Limited
59. Zee Entertainment Enterprises Limited