Page 48 - Q3 Results

Analysts cut targets for Trent amid slowing growth, weak consumer sentiment

While Trent reported strong profit and revenue growth, several brokerages have slashed their target prices, citing slowing growth momentum and weak consumer sentiment

Markets Today: RBI MPC outcome; FIIs; M&M, ITC Q3; Chamunda IPO allotment

The Reserve Bank of India may cut the benchmark repo rate by 25 basis points to 6.25 per cent later in the day

Hero MotoCorp Q3FY25 results: Net profit up 1.3%, revenue rises 4.8%

The company said that on a standalone basis, it reported its highest-ever revenue for the first nine months of the financial year, reaching Rs 30,818 crore, up 10 per cent

ITC Q3 results: Net profit drops 7.5% to Rs 4,935 crore, revenue rises 8%

Early signs of recovery in urban demand, says ITC

Bharti Airtel Q3 results: Net profit rises 505% to Rs 14,781 crore

Airtel profit rings louder at Rs 15K cr on Indus boost

Q3 results review: Low core income, slippages hit banks' profitability

The net profit of 32 scheduled commercial banks (SCBs) grew by 21.2 per cent year-on-year (Y-o-Y) but dipped 2.4 per cent sequentially

SBI Q3 net profit up 84.32% at Rs 16,891 cr, margins under pressure

Sequentially, the public sector lender's profit was down by 7.86 per cent from Rs 18,331 crore in the quarter-ended September (Q2FY25)

Bharti Hexacom Q3 results: Net profit rises 22.6% rise to Rs 260.9 cr

Bharti Hexacom on Thursday posted a 22.66 per cent increase in profit to Rs 260.9 crore for the December quarter. The company had registered a profit of Rs 212.7 crore in the same period a year ago. The revenue from operations of the company increased about 25 per cent to Rs 2,250.7 crore during the quarter from Rs 1,800.6 crore a year ago, the company said. Bharti Hexacom provides telecom services to customers in the Rajasthan and the Northeast telecommunication circles. The Northeast circle includes Arunachal Pradesh, Manipur, Meghalaya, Mizoram, Nagaland, and Tripura. The company's average revenue per user increased 20.5 per cent on a year-on-year basis to Rs 241 during the quarter from Rs 200 in the year-ago period. The Bharti Airtel subsidiary posted a 3.5 per cent increase in customer base to 2.8 crore in the December 2024 quarter from 2.7 crore in the same period a year ago.

Aadhar Housing Finance Q3 results: Net profit rises 17% to Rs 239 cr

Aadhar Housing Finance on Thursday reported a 17 per cent increase in net profit to Rs 239 crore in the December quarter. The housing finance company earned a profit of Rs 204 crore in the same quarter a year ago. Total income during the third quarter of the current fiscal grew to Rs 785 crore from Rs 659 crore in the year-ago period, Aadhar Housing Finance said in a regulatory filing. During the quarter, interest income improved to Rs 714 crore compared to Rs 579 crore in the same period a year ago. Total expenses increased to Rs 478 crore against Rs 398 crore a year earlier. Gross non-performing assets declined to 1.36 per cent as of December 31, 2024, compared to 1.40 per cent at the end of the third quarter of the previous financial year. The mortgage firm's Asset Under Management (AUM) grew by 21 per cent to Rs 23,976 crore from Rs 19,865 crore as of December 31, 2023.

Ramco Cements Q3FY25 results: Revenue decreases 6% to Rs 1,977 crore

Profit before exceptional items and tax for the company's cement business fell to Rs 4.35 crore ($496,774) during the October-to-December period from Rs 135 crore a year earlier

Shriram Life Q3 results: PAT at Rs 43 crore, premium income up by 21%

Shriram Life Insurance Company Ltd recorded a 49 per cent rise in its retail new business for the April-December 2024 period, reaching Rs 865 crore, the company said on Thursday. Shriram Life Insurance is promoted by the diversified Shriram Group and the South Africa-based Sanlam Group. The company's premium from group business doubled during the quarter under review, reaching Rs 336 crore, according to a press release. Renewal premiums for both individual and group policies stood at Rs 494 crore for the October-December 2024 quarter, compared to Rs 447 crore in the same period of the previous financial year. Total premium income increased by 21 per cent to Rs 1,151 crore during the quarter under review, compared to Rs 841 crore in the corresponding period last year. Profit after tax for the October-December 2024 quarter stood at Rs 43 crore, compared to Rs 50 crore in the year-ago period. The new individual business premium increased by 36 per cent to Rs 322 crore during the ...

Aurobindo Pharma Q3FY25 results: PAT falls 10% to Rs 845.56 crore

Company board approves purchase of 80 per cent share in step-down subsidiary Tergene Biotech

Sobha Q3 FY25 results: Net profit rises over 43% to Rs 21.7 crore

The company's total expenses during the third quarter of FY25 surged by 77.30 per cent Y-o-Y

BSE Q3 results: Net profit doubles to Rs 220 cr, revenue at Rs 835 cr

Leading stock exchange BSE on Thursday reported its net profit doubling to Rs 220 crore for three months ended December 2024. It posted a net profit of Rs 108.2 crore in the same quarter preceding fiscal, BSE said in a statement. The exchange recorded its highest-ever quarterly revenue of Rs 835.4 crore in the October-December quarter of the current financial year (FY25), a 94 per cent jump from Rs 431.4 crore in the same period preceding fiscal. BSE witnessed an average daily turnover of Rs 6,800 crore for the quarter under review compared to Rs 6,643 crore a year ago. Its derivatives segment sustained its growth trajectory in the quarter with a daily premium turnover of Rs 8,758 crore against Rs 2,550 crore in the year-ago period. "Throughout 2024, BSE demonstrated focus and resilience, amidst challenges on the business and regulatory front, by introducing new products and market enhancements and expanding our strategic footprint. "Whilst the road ahead will not be without ...

Emcure Pharmaceuticals Q3FY25: Profit grows 35.4%, revenue soars 17.6%

Sequentially, the revenue from operations fell by 1.9 per cent, with net profit also falling by 20.9 per cent

NMDC Q3 results: Net profit grows 29% to Rs 1,897 cr; production rises 9%

State-owned NMDC on Thursday reported a 29 per cent rise in consolidated net profit to Rs 1,896.66 crore in the October-December quarter of 2024-25, mainly driven by higher income. It had reported a profit of Rs 1,492.73 crore in the October-December period of 2023-24. Total income rose by 21 per cent to Rs 6,942.92 crore in the third quarter of FY25 compared to Rs 5,746.47 crore in the year-ago period, the company said in an exchange filing. Total production in the quarter rose by 9 per cent to 13.29 million tonnes (MT) over 12.22 MT in the same quarter last year. Sales rose by 5 per cent to 11.94 MT in the December quarter from 11.39 MT in Q3FY24. NMDC CMD Amitava Mukherjee said, "We have entered the fourth quarter of FY25 on a strong momentum. Despite challenges faced this financial year, NMDC's results remain positive on a sequential basis, strengthening a growth trajectory." For the April-December period, the company's profit rose to Rs 5,055.64 crore, up 22 per cent from Rs

Britannia Industries Q3 results: Net profit increases 5% to Rs 582 cr

The company, which sells 'Jim Jam' and 'NutriChoice' biscuits, reported a 5 per cent increase in consolidated net profit to Rs 582 crore ($66.43 million) for the three months ended December 31

Apollo Tyres Q3FY25 results: Net profit declines 32% to Rs 337 crore

Apollo Tyres Ltd on Thursday reported a 32 per cent decline in consolidated net profit to Rs 337 crore in the December quarter with high raw material cost impacting margins. The company had posted a consolidated net profit of Rs 497 crore in the same period of the last fiscal year, Apollo Tyres said in a regulatory filing. Consolidated revenue from operations in the third quarter stood at Rs 6,927.95 crore as against Rs 6,595.37 crore in the year-ago period. Total expenses in the quarter were higher at Rs 6,467.4 crore as compared to Rs 5,877.93 crore in the year-ago period. Cost of materials consumed was at Rs 3,222.77 crore as against Rs 2,884.63 crore, the company said. Commenting on the performance, Apollo Tyres Chairman Onkar Kanwar said, "Under tough market conditions we have been able to perform well in the key passenger vehicle and commercial vehicle replacement segments in India. This performance was somewhat negated by the sluggish OE segment." Europe, too, has performed

ITC Q3FY25 results: Profit down 7.27% to Rs 5,013.16 cr, revenue up 9%

The 'Gold Flake' cigarette maker reported a profit of 56.38 billion rupees ($643.69 million) for the third quarter ended December 31, compared with 55.72 billion rupees a year earlier

Hero MotoCorp Q3 results: Net profit increases 12% to Rs 1,203 crore

Hero's motorcycle and scooter sales grew just 0.3% in the quarter, marking their weakest growth since July-September 2022