Page 46 - Q3 Results

OYO Q3 results: PAT rises nearly 6 times to Rs 166 cr, revenue up 31%

Travel tech unicorn OYO recorded a profit after tax (PAT) of Rs 166 crore in the third quarter ended December, up nearly six times from Rs 25 crore in the year-ago period, sources said. The company's revenue in the third quarter rose to Rs 1,695 crore, growing almost 31 per cent from Rs 1,296 crore a year earlier, marking a turnaround from the flat topline growth seen in FY24. According to documents accessed by PTI, the company achieved an adjusted EBITDA of Rs 249 crore in the October-December period of FY25, registering a 22 per cent increase from Rs 205 crore a year ago. Notably, the gross booking value (GBV) reached Rs 3,341 crore, showing a 33 per cent growth from Rs 2,510 crore in Q3 FY24. These figures exclude G6 Hospitality's financials as the acquisition was effective in the third week of December. For the first nine months of FY25, OYO reported a PAT of Rs 457 crore, compared to a loss of Rs 111 crore in the same period last year, as per its provisional financials. A so

HCL Infosystems Q3 results: Losses down to Rs 5.25 cr, revenue rises 30.14%

HCL Infosystems has reported narrowing of losses to Rs 5.25 crore in the December quarter. The IT system integration and solutions company had posted losses of Rs 9.30 crore in the year-ago period, according to a company filing. Revenue from operations tanked 30.14 per cent to Rs 5.70 crore in the third quarter of the ongoing fiscal year, as against Rs 8.16 crore a year earlier. Sequentially, revenue declined 16 per cent. "During this quarter, the company continued to focus on actions and initiatives aimed at realising our long outstanding receivables and minimising operational losses," HCL Infosystems Manager Raj Sachdeva said. The business has continued to face challenges in obtaining timely customer acceptance and sign-offs for completed projects, leading to delays in receiving payments, a company statement said. As a result, though the number of contracts reaching closure has increased, there has been no significant progress in recovering outstanding receivables from ...

Shanti Educational Initiatives Q3 results: PAT jumps 10-fold to Rs 1.95 cr

Ahmedabad-based education services provider Shanti Educational Initiatives Ltd (SEIL) has reported a 10-fold jump in net profit for the October-December quarter on the back of a surge in total income. The BSE-listed company reported more than five-fold jump in total income to Rs 20.94 crore for the third quarter of 2024-25 compared to Rs 4 crore in the year-ago period driven by all-round growth across its entities, the company said in a statement. The company's profit after tax (PAT) was Rs 1.95 crore in the December quarter of 2024-25 as against Rs 16.89 lakh in Q3FY24. For the nine-month period, total income rose more than two-fold to Rs 43.24 crore against Rs 18.80 crore in 9MFY24. Net profit stood at Rs 7.5 crore in April-December FY25 compared to Rs 4.73 crore reported in 9MFY24, the statement said.

Chemplast Sanmar Q3FY25 results: Net loss narrows to Rs 49 crore

Speciality chemicals company Chemplast Sanmar Ltd has reported a net loss of Rs 49 crore for the October-December 2024 quarter significantly reducing from a net loss of Rs 89 crore registered in the year ago period. The city-based company, part of the SHL Chemicals Group which is a constituent of diversified The Sanmar Group, had registered a net loss of Rs 56 crore for the April-December 2024 period, as compared to Rs 127 crore recorded in the year ago period. In a statement on Saturday, the company said the business performance improved due to better prices and margins on Paste PVC (polyvinyl chloride), improved performance of Custom Manufacturing Chemicals division (CMCD) and also due to increased volumes of Paste PVC from the new manufacturing facility in Cuddalore. "Though the performance of the PVC division was better when compared to last year, the PVC products (both Suspension and Paste) witnessed price and margin pressures due to excessive dumping in Q3 FY2024-25 amidst ...

Godrej Properties Q3 results: Net debt down 49% to Rs 3,848 crore

Godrej Properties Ltd has reduced its net debt by 49 per cent to Rs 3,848 crore during the latest quarter ended December on the back of strong internal cash flow and equity fund raising. Its net debt stood at Rs 7,572 crore as on September 30, 2024, according to the company's latest investors presentation. Pirojsha Godrej, Executive Chairperson of Godrej Properties, said, "We raised Rs 6,000 crore during the third quarter through Qualified Institutional Placement (QIP) route for growth capital". The company's net debt-to-equity ratio has come down to 0.23, he added. Pirojsha said the company would be utilizing this fund to acquire land across major cities to expand its business. As per the presentation, Godrej Properties' collections of funds from customers against pre-sales rose 27 per cent to Rs 3,069 crore during the third quarter of the 2024-25 fiscal, thereby improving the company's internal cash flow situation. Godrej Properties is one of the leading real estate developers

M&M Q3 results: Profit rises 20% to Rs 3,181 crore on strong auto volumes

The company also posted a strong revenue growth of 17 per cent at Rs 41,470 crore

Analysts cut earnings, SBI share target price after mixed Q3 show; details

SBI share price: Average SBI share price target is around Rs 940 (range: Rs 700-1,025), suggesting an average upside potential of 25 per cent, Bloomberg data shows

LIC's Q3 FY25 results: Net profit rises 17% to Rs 11,056.5 crore

Its expenses declined 20.76 per cent Y-o-Y to Rs 14,415.80 crore, aided by a nearly 30 per cent drop in employee-related expenses

LatentView Analytics Q3 results: Reports net profit of Rs 42.6 crore

LatentView Analytics Ltd reported a consolidated profit after tax of Rs 42.6 crore for the October-December 2024 quarter, the company said on Friday. The city-headquartered global data analytics company recorded a profit after tax of Rs 46.5 crore during the corresponding quarter of the previous financial year. For the nine months ending December 31, 2024, consolidated profit grew to Rs 122.24 crore from Rs 113.4 crore in the year-ago period. Total income for the quarter ending December 31, 2024, rose to Rs 242.5 crore from Rs 188.6 crore in the corresponding quarter of the previous financial year. Total income for the April-December 2024 period stood at Rs 670.3 crore, compared to Rs 526.9 crore in the year-ago period. LatentView Analytics Chief Executive Officer Rajan Sethuraman, commenting on the October-December 2024 results, said, "We are pleased to announce our eighth consecutive quarter of revenue growth, with a 9 per cent quarter-on-quarter and 37.5 per cent year-on-year .

Sun TV Q3 results: PAT falls 20% to Rs 363.26 cr, revenue down 10.3%

Sun TV Networks Ltd on Friday reported a decline of 20 per cent in its consolidated profit after tax (PAT) at Rs 363.26 crore for the third quarter ended December 2024. The company had reported a PAT of Rs 454.09 crore in the October-December period a year ago, according to a BSE filing from Sun TV Network, one of the largest broadcasters. Its revenue from operations declined 10.35 per cent to Rs 827.56 crore in the December quarter. This same stood at Rs 923.15 crore in the year-ago period. Sun TV Networks' total expenses increased 10.86 per cent at Rs 500.01 crore in the december quarter of FY25. The total income of Sun TV Networks in the December quarter was Rs 967.56 crore, down 8.6 per cent. Moreover, in a separate filing, Sun TV informed its board has declared an interim dividend of 50 per cent, which is Rs 2.50 per equity share of Rs 5 each for financial year 2024-25. It also owns SunRisers Hyderabad Cricket Franchise of the Indian Premier League and SunRisers Eastern Cape

Ola Electric Q3 results: Net loss widens to Rs 564 cr, revenue drops 19%

Its revenue from operations in Q3FY25 dropped 19.36 per cent to Rs 1,045 crore, down from Rs 1,296 crore in the same period last year (YoY)

Fortis Healthcare Q3 results: Net profit jumps 89% to Rs 254 crore

Fortis Healthcare Ltd on Friday reported an 89 per cent jump in consolidated net profit to Rs 254.3 crore in the December quarter, boosted by exceptional item gains. The company had posted a consolidated net profit of Rs 134.23 crore in the same quarter last fiscal, Fortis Healthcare Ltd (FHL) said in a regulatory filing. Consolidated revenue from operations in the third quarter stood at Rs 1,928.26 crore against Rs 1,679.68 crore in the year-ago period, it added. During the quarter, the company had exceptional item gain of Rs 23.5 crore from the sale of Richmond Road Hospital, Bengaluru and Rs 30 lakh from reversal of allowance of interest accrued receivable from Fortis C Doc Healthcare Ltd, the filing said. Total expenses were higher at Rs 1,695.62 crore in the October-December quarter compared to Rs 1,515.58 crore in the corresponding period last fiscal, the company said. "We have continued our positive momentum in Q3 with the hospital business contributing approximately 84 per

Century Plyboards Q3 results: Net profit falls 6.1% to Rs 58.8 cr

Century Plyboards (India) Ltd on Friday reported a 6.1-per cent decline in consolidated net profit to Rs 58.8 crore for the quarter ended December 31, 2024, compared to Rs 62.7 crore in the year-ago period, owing to higher input and finance costs. The revenue from operations grew 21.7 per cent year-on-year to Rs 1,140.47 crore in the reporting quarter, up from Rs 937.4 crore in the corresponding period a year earlier, driven by strong sales in the plywood and MDF segments. The company's expenses rose to Rs 1,062.8 crore from Rs 862.5 crore a year ago, it said in an exchange filing. Century Plyboards also incorporated a new subsidiary, Century Panels BV in the Netherlands, for laminate and MDF distribution. The company completed the acquisition of Century Infotech Ltd as well, making it a wholly owned subsidiary. Sajjan Bhajanka, Chairman, Century Plyboards (I) Ltd said in a statement: The plywood segment continues to perform exceptionally well, ranking among the fastest-growing ..

Cholamandalam Financial Q3 results: PAT rises to Rs 1,092.90 cr, income up

Cholamandalam Financial Holdings Ltd reported a consolidated profit after tax of Rs 1,092.90 crore for the October-December 2024 quarter, the company said on Friday. The city-based company, part of the diversified Murugappa Group, had recorded a consolidated profit of Rs 1,027 crore during the corresponding quarter of the previous financial year. For the April-December 2024 period, consolidated profit grew to Rs 3,377.70 crore from Rs 2,706.81 crore in the year-ago period. Total income for the quarter under review surged to Rs 8,592.98 crore from Rs 6,842.03 crore in the corresponding period of the previous financial year. For the nine months ending December 31, 2024, total income rose to Rs 24,450.56 crore, compared to Rs 18,928.85 crore in the year-ago period. Cholamandalam Investment and Finance Company Ltd, in which Cholamandalam Financial Holdings holds a 44.35 per cent stake, disbursed Rs 25,806 crore during the quarter ending December 31, 2024, as against Rs 22,383 crore in

LIC Q3 FY25 results: Net profit increases 17% to Rs 11,056 crore

Employee compensation and welfare expenses dropped 30% on year to Rs 6,691 crore

3M India Q3FY25 results: Net profit decreases 16% to Rs 114 crore

The company, whose products range from "Post-it" notes to power tools, said its profit after tax fell to Rs 114 crore ($13.05 million) for quarter ended December 31, compared to Rs 135 cr a year ago

Mazagon Dock Shipbuilders Q3FY25: Net profit rises 30% to Rs 768 crore

Mazagon Dock Shipbuilders Q3FY25: Consolidated revenue from operations grew by 33% at Rs 3,143.62 crore

Alkem Laboratories Q3 results: Net profit rises 5.2% to Rs 625 crore

The company's revenue from operations increased to Rs 3,374 crore in Q3 FY25, a marginal 1.5 per cent Y-o-Y rise from Rs 3,324 crore in Q3 FY24

Stock Market Highlights: Rate cut fails to cheer D-St; Sensex ends 198 pts lower, Nifty at 23,560

Markets Today Highlight: FMCG and PSU Bank shares bore the brunt of the selling on Friday after RBI, as expected, announced a 25 bps rate cut. Mid- and Small-cap indices finished on a mixed note.

Akzo Nobel India Q3 result: Profit dips slightly by 4.6% to Rs 108.6 crore

Paints and coatings maker Akzo Nobel India Ltd on Friday reported a decline of 4.56 per cent in its consolidated net profit at Rs 108.6 crore for the third quarter ended on December 2024 on account of rise in raw material costs. The company had posted a net profit of Rs 113.8 crore in the October-December quarter a year ago, according to a regulatory filing from Akzo Nobel. Its revenue from operations rose 1.72 per cent to Rs 1,050.5 crore in the quarter under review, up from Rs 1,032.7 crore in the corresponding period of the previous fiscal. Total expenses of Akzo Nobel, maker of Dulux paints, increased 2.32 per cent to Rs 910.3 crore in the December quarter. Akzo Nobel's total income, which includes other income, in the December quarter, was at Rs 1,056.5 crore, up 1.47 per cent. Commenting over the results, Chairman and Managing Director, Rajiv Rajgopal said, " In Q3 FY25, we achieved both volume and value growth despite subdued market conditions. Favourable demand in ...