Asian Paints' Q3FY26 performance highlighted resilient margins and easing input costs, but slower-than-expected demand recovery and muted volume growth have raised concerns among investors and analyst
L&T Q3 profit dips 4% YoY due to Rs 1,191-cr Labour Codes provision; recurring PAT up 31% amid record order inflows and 10% revenue growth
CSB Bank's Q3 profit inched up to Rs 153 crore, but shares fell over 16% as asset quality weakened sequentially and credit costs rose despite strong loan growth
Non-bank lender Mahindra and Mahindra Financial Services on Wednesday reported a 10 per cent drop in consolidated net profit for the December quarter to Rs 826 crore. The company had posted a consolidated net profit of Rs 918 crore in the year-ago period. On a standalone basis, its net profit dropped 10 per cent to Rs 810 crore as against Rs 899 crore in the year-ago period. The company clarified that the implementation of the new labour code led to an impact of Rs 97 crore during the quarter, and added that the profit in the year-ago period included a provision of Rs 436 crore. Adjusted for the one-time provision on labour code and the release of the provisions in the year-ago period, the profit after tax nearly doubled to Rs 907 crore during the quarter. Its core net interest income grew 27 per cent to Rs 2,661 crore during the reporting quarter, on the back of a 0.9 per cent expansion in the NII margin to 7.5 per cent and a 12 per cent jump in the loan book. On the asset quali
Excluding one-offs of last year, normalised PAT is up 347%
L&T's revenue from operations for the quarter rose 10.49 per cent Y-o-Y to ₹71,449.7 crore, from ₹64,667.78 crore in Q3FY25. Sequentially, revenue increased 5.1 per cent from ₹67,983.53 crore
SBI Cards and Payment Services' Q3 net interest income (NII) stood at ₹2,591 crore during the quarter, up 17 per cent year-on-year (Y-o-Y) and 5 per cent sequentially
Pine Labs posts strong Q3FY26 profit growth despite one-time hit from new labour codes, driven by higher revenues and better monetisation of digital checkout points
Indian fintech firms have continued to benefit from strong growth in cashless transactions, rising merchant adoption and a renewed investor appetite
Cement maker ACC Ltd on Wednesday said its consolidated net profit declined 63 per cent year-on-year to Rs 404.25 crore in the December quarter of FY26. The company recorded a profit of Rs 1,091.79 crore in the October-December quarter a year ago, according to a regulatory filing from ACC, now a part of Adani Cement. However, revenue from operations rose 21.7 per cent to Rs 6,391.17 crore in the December quarter, which is the highest-ever quarterly revenue. It was at Rs 5,251.70 crore in the corresponding period a year ago. This was "highest ever quarterly revenue" which was "driven by higher premium product", which was up 33 per cent on a YoY basis. Total expenses of ACC were at Rs 6,114.34 crore in the December quarter, up 16.84 per cent year-on-year. ACC's revenue from the cement business was at Rs 6,028.98 crore, up 6.54 per cent, compared to Rs 5,658.58 crore recorded in the December quarter a year ago. During the reporting quarter, ACC sales volume was 11.3 million tonnes (
The insurer's net profit rose to 5.77 billion rupees ($62.87 million) for the three months ended December 31, from 5.51 billion rupees a year earlier
Sensex Today | Stock Market LIVE Updates: The Nifty MidCap 100 and the Nifty SmallCap 100 closed with gains of 1.66 per cent and 2.26 per cent, respectively
Maruti Suzuki's revenue from sales for the quarter rose 29.2 per cent year-on-year (Y-o-Y) to ₹47,537.2 crore from ₹36,805.1 crore. Sequentially, revenue was up 18.4 per cent from ₹40,138.7 crore
The scrip fell 10 per cent to ₹501.25, the lowest level since October 23, 2024 on the National Stock Exchange (NSE)
Corporate training solutions provider NIIT Learning Systems (NIIT MTS) on Wednesday reported a 20.4 per cent increase in consolidated Profit After Tax (PAT) to Rs 74.34 crore in the December-ended quarter. The company had registered a PAT of Rs 61.73 crore in the year-ago period. The company's revenue from operations climbed 19.2 per cent to Rs 499.69 crore in Q3 FY26, as compared to Rs 418.87 crore in Q3 FY25. Sequentially, NIIT MTS's profit rose 58.3 per cent and revenue grew 5.04 per cent. The company accounted for a one-time impact of Rs 13.52 crore from the implementation of the new Labour Codes. There was also an exceptional gain of Rs 29.8 crore due to "fair value adjustment in future acquisition liability," according to regulatory filings by the company. NIIT MTS added 4 new global Managed Training Services (MTS) clients during the quarter under review, bringing the total client tally to 107 at the end of the quarter, with a revenue visibility of USD 415 million. In Janu
Following the announcement, the automaker's stock rose as much as 3.80 per cent to ₹3,703.90 on the NSE during intraday trade on Wednesday
Metro Brands reported 15 per cent revenue growth in Q3FY26, driven by strong festive and wedding season demand, supported by a reduction in GST on footwear priced below ₹2,500.
TVS Motor's revenue from operations for the quarter rose 33.73 per cent Y-o-Y to ₹14,755.52 crore, from ₹11,034.88 crore in Q3FY25. Revenue increased 5 per cent Q-o-Q from ₹14,051.22 crore
In the last 12 months, International Gemmological Institute (India) share price decreased 36.51 per cent, as against a 10.07 per cent advance in the Nifty50 index.
Tata Motors stock outlook: Key drivers in 2026 will include the govt's sustained infra push and expansion in end-use sectors, both of which are expected to fuel positive momentum for the CV industry.