Page 60 - Q3 Results

Raymond Realty Q3FY25 results: Revenue grows 11% to Rs 487.8 crore

The company's Ebitda stood at Rs 116 crore, up 19.6 per cent YoY

Ambuja Cements Q3 results: Net profit more than doubles to Rs 2,115 cr

Higher volume, one-time tax-related reversals and receipt of certain governemnt incentives aided profitability

Indian Bank announces Q3 FY25 results: Net profit rises 32% to Rs 2,910 cr

Asset quality and 'efficiency parameters' help business growth, says Chennai-based lender

Hitachi Energy India Q3 result: Net profit surges to Rs 137.4 crore

Hitachi Energy India Limited on Wednesday posted a manifold jump in its profit after tax (PAT) to Rs 137.4 crore for the December quarter on account of higher revenues. Its PAT was Rs 23 crore during the October-December period of the preceding 2023-24 fiscal, the company said in a regulatory filing. The company's revenues increased 31 per cent to Rs 1,672.4 crore from Rs 1,276.4 a year earlier. It reported its highest-ever quarterly order of Rs 11,594.3 crore in the quarter ended December 2024. The surge can be primarily attributed to a large high-voltage direct current (HVDC) order to transmit renewable energy from Khavda in Gujarat to Nagpur, Maharashtra, the company said. At the close of December 31, 2024, the company recorded its highest-ever order backlog of Rs 18,994.4 crore, providing revenue visibility for the coming quarters. Excluding the one-time large HVDC order, the share of exports grew to over 40 per cent of total orders in Q3 FY25, with power quality, substation

Tamilnad Mercantile Bank Q3 results: Net profit rises 6% to Rs 300 crore

The net interest income stood at Rs 570 crore for Q3 FY25, as against Rs 537 crore in Q3 FY24, registering a growth rate of 6 per cent

Embassy REIT Q3 results: NOI rises 9.1% amid strong office demand

The REIT declared a distribution of Rs 559 crore, or Rs 5.90 per unit, for Q3 FY2025

JBM Auto Q3FY25 results: Net profit rises 8% to Rs 52 crore, sales up 4%

JBM Auto on Wednesday said its consolidated net profit increased 8 per cent to Rs 52 crore in the December quarter. The company had recorded a net profit of Rs 49 crore in the year-ago period, JBM Auto said in a statement. Sales, including other operating income, stood at Rs 1,396 crore in the third quarter of the current fiscal year, up 4 per cent compared to Rs 1,346 crore a year ago. The company said its board of directors in a meeting on October 28 last year, recommended the sub-division of existing equity share having a face value of Rs 2 each into equities with face value of Rs 1 each. This sub-division has been approved by the company's shareholders. Shares of the company on Wednesday ended 2.7 per cent up at Rs 1,401.05 apiece on the BSE.

CAMS Q3 results: Net profit rises 40% to Rs 124 cr, revenue up 27.6%

CAMS, which acts as a registrar and transfer agent for mutual funds, on Wednesday reported a 40.2 per cent jump in its consolidated profit after tax at Rs 124.11 crore in the three months ended December 2024. This was in comparison to a profit after tax (PAT) of Rs 88.53 crore in the same quarter of the preceding fiscal, according to a statement. The company's revenues rose by 27.6 per cent to Rs 370 crore in the October-December quarter of the current financial year (FY25) from Rs 289.68 crore a year ago. In addition, the company has recommended an interim dividend of Rs 17.5 per share, the statement noted. "Despite headwinds, mutual funds' growth trajectory continued to scale new highs across all key dimensions. Our overall AUM crossed Rs 46 lakh crore backed by strong growth in equity assets which crossed the Rs 25 lakh crore-mark, posting a robust 51 per cent growth year-on-year (y-on-y). The quarter saw a flurry of NFOs and CAMS serviced funds secured 70 per cent of NFO sales.

Bajaj Finance Q3 results: PAT rise 18% to Rs 4,308 cr on strong loan growth

Bajaj Finance booked 12.06 million new loans during the quarter, a 22% increase from last year, while net interest income grew 23% to Rs 9,382 crore

Jindal Stainless Q3 results: Net profit falls 5.3% to Rs 654 crore

Domestic sales grew 20 per cent in the quarter, driven by higher sales to the automobile industry, while exports fell 22 per cent

Indian Bank Q3FY25 results: Net profit surges 35% to hit Rs 2,852 cr

State-owned Indian Bank on Wednesday reported a 35 per cent increase in net profit at Rs 2,852 crore for the third quarter ended December 2024, helped by core income. The Chennai-based bank had earned a net profit of Rs 2,119 crore in the same quarter a year ago. Its total income increased to Rs 17,912 crore from Rs 16,099 crore a year ago, Indian Bank said in a regulatory filing. The interest income also rose to Rs 15,759 crore during the quarter under review compared to Rs 14,198 crore in the year-ago period. The company's net interest income increased by 10 per cent to Rs 16,415 crore from Rs 15,815 crore in December 2023. Its operating profit grew to Rs 4,749 crore against Rs 4,097 crore in the third quarter of the previous fiscal. On the asset quality front, the bank's gross non-performing assets ratio moderated to 3.26 per cent compared to 4.47 per cent a year ago. Similarly, net NPAs, or bad loans, came down to 0.21 per cent from 0.53 per cent at the end of the third quar

MAS Financial Services Q3 results: Net profit jumps 25% to Rs 80.40 cr

MSME-focused MAS Financial Services on Wednesday reported a nearly 25 per cent increase in consolidated profit after tax to Rs 80.40 crore for the October-December quarter of 2024-25 compared to the year-ago period, sending its shares higher by over 8 per cent. The company had posted a profit after tax of Rs 64.41 crore for the same quarter of the last financial year, according to an exchange filing. Total income of the company rose by 21.3 per cent to Rs 410.39 crore in the third quarter of 2024-25 compared to Rs 338.33 crore in the year-ago quarter. Interest income rose to Rs 350.76 crore in the third quarter of FY25 from Rs 279.28 crore in the same quarter of last year. Total assets under management rose by 21 per cent to Rs 12,378.80 crore as of December 2024 compared to the year-ago period. The MSME segment contributed 60 per cent to the YoY AUM growth of the company, the company said in a statement. The consolidated disbursement stood at Rs 3,227.72 crores during the quarter

Tata Motors Q3 results: Net profit falls 22% to Rs 5,451 cr on discounts

The company's profit fell to Rs 5,451 cr ($630 million) in the quarter from Rs 7,025 crore a year before

TeamLease Services Q3 results: PAT down 8.3% at Rs 28.4 cr on high expenses

The staffing services provider's consolidated net profit fell to Rs 28.43 crore ($3.29 million) for the three months ended Dec. 31, from Rs 31 crore a year ago

Stock Market Close Highlights: Sensex extends gain, adds 631pts, Nifty at 23,163; Smallcap shines

Markets Today Highlights: The broader markets outperformed the benchmarks, with smallcap shares leading the charge as the Nifty Smallcap100 index settled higher by 3.32 per cent

Radico Khaitan Q3 results: PAT rises 27% to Rs 95.5 cr, revenue up 8%

Liquor maker Radico Khaitan Ltd on Wednesday reported an increase of 27.05 per cent in its consolidated net profit to Rs 95.48 crore in the third quarter ended December 2024. The company had posted a consolidated net profit of Rs 75.15 crore in the October-December quarter a year ago, according to a BSE filing from Radico Khaitan. Its revenue from operations went up 8 per cent to Rs 4,440.90 crore during the quarter under review. The figure was Rs 4,111.23 crore in the corresponding quarter of the previous fiscal. In the December quarter, Radico Khaitan's total IMFL volume was at 8.36 million cases, up 15.3 per cent year-on-year. While Prestige & Above brands volume was up 17.7 per cent to 3.67 million cases and contributed to the IMFL volumes of 50.9 per cent Radico Khaitan's total expenses increased 7.32 per cent to Rs 4,312.09 crore in the December quarter. The total income of Radico Khaitan, which includes other income, in the December quarter was at Rs 4,441.98 crore, up 7.9

Deepak Fertilisers soars 17% on heavy volumes; Q3 net jumps 4-fold

With the government's ongoing focus on investment-led growth and strong structural drivers, the management remains confident about the future of the chemical and fertilizer industries.

McDonald's India operator Westlife Q3 PAT falls 59% as consumers spend less

The restaurant operator's consolidated profit after tax stood at Rs 7.01 crore ($810,123.66) for the three months to Dec. 31, lower than Rs 17.25 crore a year ago

Mahindra Finance Q3 profit rises 63% to Rs 899 cr as credit cost falls

Disbursements grow 7% to Rs 16,467 cr as company leverages festive season demand

Adani Power Q3 results: Net profit up 12% at Rs 3,057 crore, QIP approved

Adani Power Q3FY25 results: The board of directors approved raising funds for an aggregate amount not exceeding Rs 5,000 crore through the QIP route