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Q3 Results
State-owned Central Bank of India has posted a 32 per cent jump in profit at Rs 1,263 crore in the third quarter ended December 2025, aided by improvement in bad loans. The Mumbai-based bank had earned a net profit of Rs 959 crore in the same quarter a year ago. Total income increased to Rs 10,969 crore during the quarter under review against Rs 9,739 crore in the same period of last year, Central Bank of India said in a regulatory filing. The bank's interest income also rose to Rs 9,033 crore during the quarter, up from Rs 8,509 crore in the same period a year ago. However, the Net Interest Income (NII) marginally declined to Rs 3,502 crore, from Rs 3,540 crore of the corresponding period of the previous year. Similarly, the net interest margin (NIM) eased to 2.96 per cent, compared to 3.45 per cent at the end of the third quarter of the previous financial year. The bank's operating profit improved to Rs 2,293 crore, up from Rs 1,963 crore in December 2024. As regards asset qua
IT major Wipro on Friday revised its fresher hiring guidance for the current fiscal year (FY26), stating it now expects to onboard 7,500-8,000 graduates, down from its original target of 10,000-12,000. The adjustment comes after muted third-quarter earnings, during which the Bengaluru-based firm added only about 400 freshers to its rolls. "This quarter recruitment from campuses was muted; we had only about 400 odd freshers join (by the end of this fiscal)... We had said 10,000. I think we'll end up between 7,500-8,000," Wipro CHRO Saurabh Govil said during the company's Q3 earnings press conference. Despite the quarterly slowdown, the company's year-to-date fresher intake remains above 5,000. Wipro leadership emphasised that while volume hiring has moderated, the company is intensifying its focus on "AI-ready" talent. "From a recruitment standpoint, especially on campuses, what we have done is we have created these Centres of Excellence 50 of them across different universities, w
Reliance Consumer Products Ltd (RCPL), the FMCG arm of Reliance Industries Ltd, crossed a revenue of Rs 5,000 crore during the December quarter. RCPL, which was demerged from Reliance Retail and made a direct subsidiary from December 1, 2025, is one of the fastest growing companies in the FMCG space. During the December quarter, its overall gross revenue was at Rs 5,065 crore, up 60 per cent year-on-year, Reliance Industries said in an earning statement. Reliance is expanding RCPL and has "acquired majority stake in Udhaiyams & global rights for Toni & Guy, Matey, Brylcreem, and Badedas", to expand its play. Moreover, RCPL's YTD Gross Revenue for FY26 has crossed Rs 15,000 crore, which is 1.8 times higher from the corresponding period of the last fiscal year. It has now "four Rs 1,000 crore-plus brands by Q3", which includes its beverage brand Campa, grocery brand Independence and Good Life. "Campa continues to maintain a double-digit share in key markets, while continually ..
Global product engineering and digital services firm Tata Technologies Ltd on Friday reported a 96 per cent decline in consolidated profit after tax at Rs 6.64 crore in the third quarter ended December 31, 2025, primarily on account of the statutory impact of new labour codes. The company had posted a consolidated profit after tax of Rs 168.64 crore in the corresponding period of the previous fiscal, Tata Technologies said in a regulatory filing. Consolidated revenue from operations in the quarter under review stood at Rs 1,365.73 crore, as against Rs 1,317.38 crore in the year-ago period. Total expenses in the third quarter were higher at Rs 1,217.99 crore, as compared to Rs 1,119.31 crore in the same period last fiscal, it said. The company said it has presented the incremental impact of "statutory impact of new Labour Codes" under "exceptional items" comprising gratuity of Rs 114 crore and compensated absences of Rs 25.87 crore, primarily arising due to a change in wage definiti