The bank's domestic net interest margin (NIM) was down 9 basis points (bps) in Q3 at 3.64 per cent over Q2
Market leader UltraTech Cement's Q3FY26 results beat consensus. Consolidated operating profit grew 35 per cent Y-o-Y to Rs 3,920 crore
Following several quarters of slower growth, lenders reported double-digit loan growth in the Oct-Dec period, as the local festive season and sweeping consumption tax cuts spurred consumer spending
While some brokerages have cut their earnings estimates, they have a positive outlook in the medium term
Chennai Petroleum Corporation Ltd reported a consolidated profit of Rs 1,001.59 crore for the October-December 2025 quarter, driven by sustained operational excellence, the company said. The city-headquartered company had posted a net profit of Rs 20.78 crore in the corresponding quarter of the previous financial year. For the nine-month period ending December 31, 2025, CPCL's net profit grew to Rs 1,680.85 crore, compared with a net loss of Rs 255.83 crore in the year-ago period, the group company of IndianOil Corporation Ltd said in a press release. CPCL achieved a crude throughput of 2.79 million metric tonne during the October-December quarter, up from 2.55 million metric tonne in the same period last year. "This translates to a capacity utilisation of 105 per cent, underscoring efficient plant operations and high reliability," the release said. The quarter's financial results reflected robust physical performance and improved refining margins, the company added. Consolidated
UltraTech Cement, India's leading cement maker on Saturday reported a consolidated net profit of Rs 1,729.44 crore for December quarter FY26. It had posted a net profit of Rs 1,363.44 crore in the October-December period a year ago, the Aditya Birla group flagship firm said in a regulatory filing. Revenue from operations was at Rs 21,829.68 crore in the December quarter of FY26. It was at Rs 17,778.83 crore a year earlier. The company said its results " for the three months and nine months ended 31/12/2025 are not comparable with the previous corresponding period" due to acquisition of India Cements Ltd (ICL), Blrla White WallCare (earlier known as Wonder WallCare) and Ras Al Khaimah, the UAE-based RAKWCT. Moreover, the scheme for the merger of the cement business of Kesoram Industries with UltraTech and their respective shareholders and creditors was also effective from March 1, 2025. UltraTech's total consolidated income, which includes other income as well, was at Rs 21,965.26
The bank reported marginally higher provisions in Q3 at ₹810 crore, up 2 per cent YoY. However, sequentially, provisions of the lender was down 15 per cent
Q3FY26 company results: Firms including Chennai Petroleum Corporation, Shyam Metalics and Energy, IFB Industries, and SBFC Finance are also to release their October-December earnings reports today
Sunil Mehta to step down as chairman and director
JSW Steel's Q3FY26 net profit jumped nearly three-fold to ₹2,139 crore, driven by a one-time tax gain from the Bhushan Power-JFE Steel joint venture
Coforge CEO Sudhir Singh says Advent International's board entry and the Encora acquisition will open new growth channels as deal momentum and AI-led demand stay strong
Non-bank lender Piramal Finance on Friday reported that its net profit for the December quarter zoomed to Rs 401 crore from Rs 39 crore in the year-ago period. The company's managing director and chief executive, Jairam Sridharan, attributed the profit growth to a combination of factors, including growth in assets under management, expansion in net interest margins, control over operating expenses and lower credit costs. Its AUM jumped by over 23 per cent during the quarter, NIMs expanded by 0.50 per cent to 6.30 per cent, operating expenses grew by just 4 per cent and the provisions were up 36 per cent, as per a statement. The core net interest income grew 31 per cent to Rs 1,227 crore, while the other income was up 23 per cent at Rs 252 crore for the reporting quarter. The return on AUM stands at 1.9 per cent at present, and the company is aiming to take it further up to 3 per cent over the medium term, Sridharan said, adding that NIMs will have to expand by 0.30 per cent more to
Indian Bank's Q3 FY26 profit rose 8% as strong RAM loan growth, steady CASA ratio and cautious pricing lifted margins, with MSMEs and retail driving advances
Private sector lender DCB Bank on Friday reported a 22 per cent jump in its net profit to Rs 185 crore for the December 2025 quarter. The city-based lender had reported a net profit of Rs 151 crore in the year-ago period. Its net interest income grew to Rs 625 crore from Rs 543 crore in the year-ago period, while the non-interest income grew to Rs 221 crore from Rs 184 crore. Overall provisions inched up to Rs 74 crore from Rs 67 crore in the year-ago period. From an asset quality perspective, its gross non-performing assets ratio improved to 2.72 per cent from 2.99 per cent a year ago. Overall capital adequacy stood at 15.84 per cent as of December 31, 2025, with the core buffer at 13.45 per cent. The bank's scrip closed 3.31 per cent down at Rs 182.60 apiece on the BSE on Friday, against a 0.94 per cent correction on the benchmark.
South-based Karur Vysya Bank on Friday reported a 39 per cent jump in net profit to Rs 690 crore for the third quarter ended December 2025. The old-age private sector lender had reported a net profit of Rs 496 crore in the year-ago period. Its core net interest income increased 14.62 per cent to Rs 1,239 crore against Rs 1,081 crore in the corresponding quarter of the previous year on the back of a 17 per cent jump in loans. It also recorded a 0.05 per cent compression in net interest margin at 3.99 per cent. From another income perspective, the commission and fee-based income improved 15.15 per cent to Rs 266 crore. The gross non-performing assets ratio improved 0.12 per cent year-on-year to 0.71 per cent of the overall advances. The bank's overall capital adequacy stood at 16.05 per cent as of December 31, with the core buffer at 15.06 per cent. Its board on Friday decided to reappoint chief executive and managing director B Ramesh Babu for two more years after the end of his
Brokerages, while trimming near-term estimates, remain broadly constructive on the airline's longer-term prospects, citing its scale advantage, balance-sheet strength and international expansion.
Bets on respiratory product launches and peptides for growth
Shriram Finance's Q3FY26 net profit fell 22% to ₹2,529.65 crore due to a high base last year, even as income, margins and AUM posted healthy growth
Fast-moving consumer goods company Godrej Consumer Products Ltd on Friday reported a marginal decline in its consolidated net profit at Rs 497.91 crore in the third quarter ended December 2026. It posted a net loss of Rs 498.31 crore in the October-December period a year ago, according to a regulatory filing from Godrej Consumer Products Ltd (GCPL). Revenue from sales of the Godrej group's FMCG arm was up 8.81 per cent at Rs 4,079.47 crore in the quarter under review. It was at Rs 3,749.11 crore in the corresponding quarter a year ago. Its revenue from operations was at Rs 4,099.12 crore in the latest third quarter, up 8.77 per cent from a year ago. GCPL's total expenses were at Rs 3,364.03 crore, up 6.3 per cent year-on-year. GCPL operates in soap, hair colourants, toiletries and liquid detergents and has a presence in several emerging markets. Revenue of GCPL from the Indian market, where it operates with brands such as Good Knight, Cinthol and HIT, was Rs 2,510.34 crore in the
Developer says Q3 sales dropped due to Dahlias pause, no new launches