Canara HSBC Life Insurance reported a modest decline in December-quarter profit as higher operating and commission expenses offset strong growth in premium income, APE and value of new business
Canara HSBC Life Insurance Company on Wednesday reported a nearly 6 per cent drop in net profit at Rs 27.65 crore for the three months ended December 2025. The insurer had clocked a net profit of Rs 29.32 crore in the year-ago period. Total income of the firm promoted by Canara Bank rose to Rs 4,272.53 crore from Rs 1,540 crore in Q3 FY25, according to a regulatory filing to the stock exchanges. The company collected a net premium of Rs 2,867 crore in the quarter, up from Rs 2,005 crore a year ago. This is the second set of quarterly numbers announced by the company after making its stock market debut in October.
Dr Reddy's Laboratories reported a sharp fall in December-quarter profit as declining Lenalidomide sales in the US weighed on earnings, even as India revenues and branded businesses remained resilient
Additionally, fuel consumption in India, the world's third-largest consumer and importer of oil, also hit a record high in December following a six-month peak in November
The sharp decline in profit was largely due to a spike in net finance costs, which rose to $27.7 million in the December quarter from $4.8 million a year earlier
Jindal Stainless reported a sharp rise in Q3 profit on strong domestic demand and efficiency gains
Alongside the Q3 FY26 results, Deepinder Goyal said he would step down as Eternal's Group CEO to pursue higher-risk experimentation, with Blinkit chief Albinder Dhindsa set to take over
Dhanlaxmi Bank on Wednesday reported a 20.3 per cent increase in its net profit to Rs 23.88 crore for the third quarter ended December 2025. The Bank had a net profit of Rs 19.85 crore in the year-ago period. Its total income rose to Rs 456 crore in the October-December quarter of FY26 against Rs 377 crore in the same quarter of the previous fiscal, Dhanlaxmi Bank said in a regulatory filing. The gross non-performing assets (NPAs) improved to 2.36 per cent of gross advances from 3.53 per cent a year ago. Shares of Dhanlaxmi Bank were trading at Rs 24.59 apiece, down 1.36 per cent over the previous close on BSE.
Tata Communications' Q3FY26 profit jumped 54.8% to ₹365 crore on higher margins and a strong order book. The quarter also included a ₹61 crore exceptional charge linked to new Labour Codes
Shares of HDFC Bank were down 2% at ₹915.40 on the BSE in Wednesday's intra-day deals, also its lowest level since April 11, 2025.
Sensex Today | Stock Market LIVE Updates, January 20: In the broader markets, the Nifty Midcap slipped 2.62 per cent and Smallcap dropped over 2.85 per cent
PTC India Financial Services share price fell 7.58 per cent to ₹29.64, the lowest level since March 3, 2025 on the National Stock Exchange (NSE)
K P Energy on Wednesday posted a 58 per cent on-year rise in consolidated net profit to Rs 41.35 crore in the December quarter, mainly on the back of higher revenues. "The company has recorded its highest-ever Q3 Profit After Tax (PAT) on a consolidated basis for Q3FY26 at Rs 41.35 crore in comparison to that for Q3FY25 at Rs 26.39 crore, representing a growth of 58 per cent," a company statement said. According to the statement, its consolidated revenue from operations reached its highest-ever level for a second quarter, rising from Rs 211.84 crore in Q3FY25 to Rs 344.96 crore in Q3FY26 - a growth of about 63 per cent. The board also declared the third interim dividend at 4 per cent per equity share having a face value of Rs 5 each for 2025-26. The record date for the dividend will be January 28, 2026. The board also approved the allotment of 6,88,800 equity shares of face value Rs five each, fully paid-up, upon conversion of an equivalent number of warrants to Faruk G. Patel, ...
In the previous three trading days, the stock price of Eternal had slipped 8 per cent from ₹294.50 to ₹269.95 on Tuesday.
Shoppers Stop slumped 12.39 per cent to ₹319.30, the lowest level since February 24, 2022, on the National Stock Exchange (NSE)
Supreme Petrochem share price fell as much as 8.9 per cent to ₹462.30, the lowest level since September 22, 2023, on the National Stock Exchange (NSE)
In the December quarter (Q3FY26), the company posted a consolidated net profit of ₹54.21 crore, as compared to ₹50.04 crore a year ago, up 8.3 per cent year-on-year (Y-o-Y)
Persistent Systems share price today: Market participants attributed the decline largely to profit booking after a sharp rally over the past few months rather than any deterioration in fundamentals.
Around 11:30 am, the IndiaMART InterMesh stock was trading 2.68 per cent higher at ₹2,201, even as the benchmark BSE Sensex was down 0.75 per cent at 81,565.86.
In the past three trading days, the stock price of Hindustan Zinc has rallied 10 per cent after the company reported strong earnings for the quarter ended December 2025.