During the quarter, the company's earnings before interest, taxes, depreciation and amortisation (Ebitda) grew by 85 per cent to Rs 280 crore
However, still, the stock quotes 31 per cent lower when compared with its all-time high price of Rs 794.60 hit on January 1.
Bajaj Electricals Ltd on Tuesday reported a decline of 10.7 per cent in consolidated net profit at Rs 33.36 crore for the third quarter ended on December 31, 2024. The company had posted a net profit of Rs 37.36 crore in the October-December period a year ago, according to a regulatory filing from Bajaj Electricals. However, its revenue from operations climbed 5 per cent to Rs 1,289.72 crore during the quarter under review. The same stood at Rs 1,228.24 crore in the corresponding quarter a year ago. Bajaj Electricals' total expenses in the December quarter was Rs 1,257.09 crore, up 3 per cent. Its revenue from Consumer Products (CP) rose 8.54 per cent to Rs 1,038.45 crore, against Rs 956.66 crore in the corresponding quarter of the preceding fiscal. However, revenue from Lighting Solutions declined 7.47 per cent to Rs 251.27 crore, in comparison with Rs 271.58 crore a year ago. The company's total income, which includes other income, was Rs 1,302.51 crore, up 2.48 per cent in the
Analysts and investors will keep an eye on Instamart's gross order value (GOV) and average order value (AOV) growth, dark store additions, and margins
Fintech firm to discontinue small-ticket lending product and focus on long-tenure products
Asian Paints Q3 FY25 results: Sequentially, profit rose 60% from ₹694.64 crore.
Garden Reach reported 11 per cent increase in net profit at Rs 98 crore as compared to Rs 88 crore a year ago
Analysts and investors will keep an eye on management's commentary on the company's growth and margin outlook
HFCL reported 10 per cent decline in net profit to Rs 74 crore as compared to Rs 82.24 crore a year ago
The company reported a consolidated net loss to Rs 55.28 crore as compared to a profit of Rs 5.27 crore a year ago
Larsen & Toubro reported a consolidated net profit of Rs 3,359 crore in Q3FY25, reflecting a 13.9 per cent increase compared to Rs 2,947.4 crore in Q3FY24
The Q3FY25 results saw Tata Chemicals report a net loss of Rs 53 crore, from Rs 158 crore profit in Q3FY24
Analysts at InCred Equities said they are disappointed with the repeated delay in Cenexi's turnaround and will reassess the situation constructively once the facility is back on track
Q3FY25 company results today, February 4: Godrej Properties, Whirlpool of India, Happiest Minds Technologies, Hikal, and Infibeam Avenues will release their reports for the Oct-Dec 2024 quarter
FIIs sold shares worth Rs 3,958.37 crore on February 3, while DIIs bought shares worth 2,708.23 crore
Infrastructure developer Welspun Enterprises on Monday reported a 4 per cent fall in its consolidated profit after tax to Rs 77 crore in the December quarter. It had posted a profit after tax (PAT) of Rs 80 crore in the year-ago period, the company said in a statement. However, its total income rose 22 per cent to Rs 919 crore against Rs 754 crore a year ago. During the April-December period, the company's PAT rose 3 per cent to Rs 248 crore compared to Rs 242 crore in the nine-month period a year ago. In 9M FY25, the company achieved a revenue of Rs 2,563 crore, up 25 per cent year-on-year over Rs 2,051 crore. While EBITDA rose 14 per cent to Rs 523 crore during the nine-month period from Rs 460 crore a year ago. During the quarter, the company completed an acquisition of 9.99 per cent in Welspun Michigan Engineers Ltd, increasing its total stake to 60 per cent. "We have continued the momentum from the second quarter, and delivered the highest ever first 9 months consolidated r
Thomas Cook (India) Ltd on Monday reported a 47.7 per cent decline in consolidated net profit to Rs 47.3 crore in the December quarter, impacted by higher expenses. The company had posted a consolidated net profit of Rs 90.53 crore in the same period in the last fiscal year, Thomas Cook (India) said in a regulatory filing. Consolidated income from operations during the quarter under review stood at Rs 2,061.01 crore as compared to Rs 1,893.13 crore in the year-ago period, it added. Total expenses in the quarter were higher at Rs 2,008.12 crore as compared to Rs 1,834.02 crore in the same quarter of the last fiscal year. "Despite escalated geopolitical tensions and abnormal currency volatility during the quarter impacting international DMS (destination management services) operations, we maintained our margins, reflecting our focus on effective cost management and sustainable growth across our lines of business," Thomas Cook (India) Executive Chairman Madhavan Menon said. Travel an
Domestic telecom gear maker HFCL posted an 11.95 per cent decline in consolidated profit after tax to Rs 72.58 crore in the third quarter ended December 31, 2025. The company posted a profit after tax (PAT) of Rs 82.43 crore in the same period a year ago. HFCL's PAT on a quarter-on-quarter basis was almost flat. HFCL managing director, Mahendra Nahata said that despite a dynamic and challenging market environment, HFCL has demonstrated resilience with a stable quarterly performance. "Our unwavering commitment to innovation and strategic growth continues to drive us forward. The recent BharatNet order wins are a testament to our expertise in strengthening India's digital infrastructure, reinforcing our position as a trusted technology partner in the Country's broadband revolution," he said. The consolidated revenue of the company declined by 1.97 per cent to Rs 1,011.95 crore in the December quarter from Rs 1032.31 crore a year ago. HFCL along with its consortium partners emerged a
For the October-December 2024 period, analysts and industry executives estimated demand growth of 4-5 per cent at the industry level
The company bucked the slowdown in the discretionary space by reporting a robust performance for its mall portfolio in the December quarter