Page 64 - Q3 Results

Brokerages split after JSW Steel Q3 results miss estimates; share down 4%

JSW Steel reported a consolidated net profit attributable to the owners of Rs 717 crore in Q3FY25, reflecting a 70.3 per cent decline Y-o-Y, compared to Rs 2,415 crore in Q3FY24

Tata Steel Q3 preview: Analysts estimate losses; revenue may fall up to 7%

On the bourses, Tata Steel shares closed 0.38 per cent lower at Rs 130. In comparison, BSE Sensex settled 0.43 per cent lower at 76,190.46 levels, on Friday, January 24, 2025

Mahindra Logistics Q3 results: Loss at Rs 9.03 cr, revenue jumps 14%

Mahindra Logistics has been battling stiff competition in India's $342 billion logistics market, and dealing with losses from the 2022 acquisition of express cargo firm Rivigo and higher spends

Analysts maintain 'Buy' calls on ICICI Bank after Q3; see up to 32% upside

ICICI Bank share price: According to analysts, ICICI Bank's performance in Q3FY25 underscores its premium valuations, as it continues to outperform peers, even amid systemic concerns

Federal Bank's Q3FY25 results: Net profit down 5% at Rs 955 crore

The total deposits rose by 11.2 per cent YoY to Rs 2.66 trillion as of December 31, 2024, while net advances rose by 15.6 per cent YoY to Rs 2.30 trillion

Piramal Enterprises Q3 results: Firm back in the black with Rs 39 cr profit

The credit cost of the company increased to 1.9 per cent from 1.6 per cent in Q2 FY25

Petronet LNG Q3FY25 results: Net profit rises 25.6% to Rs 901 crore

Petronet to supply 150 ISO containers of natural gas to Sri Lankan port

Bajaj Housing Finance Q3 results: PAT up 25% at Rs 548 cr NII rises 25%

Demand for homes in India, especially premium residences, has remained strong over the last few quarters, which form a key part of Bajaj Housing Finance's assets

Tata Steel Q3 result: Net profit drops 43% to Rs 295 cr due to lower income

Tata Steel on Monday reported a 43.4 per cent decline in consolidated net profit to Rs 295.49 crore for the quarter ended on December 31, 2024, due to lower income. The company had posted a consolidated net profit of Rs 522.14 crore in the year-ago period. The consolidated income declined to Rs 53,869.33 crore in the October-December period from Rs 55,539.77 crore in the corresponding quarter of the previous fiscal, according to an exchange filing by Tata Steel. Total expenses of Tata Steel dropped to Rs 52,118.09 crore over 53,351.13 in the year-ago period. The steel major had earlier said that its India crude steel production grew by 6 per cent to 5.68 million tonnes (MT) in the third quarter of the current fiscal compared to 5.35 MT in the corresponding quarter of the previous fiscal. Deliveries in India reached 5.29 MT for the third quarter, up 8.4 per cent Y-o-Y, due to steady sales in the domestic market and strategic presence in exports. Tata Steel Netherlands reported liq

Emami Q3 result: Profit up at 7% to Rs 279 cr, revenue rise to Rs 1,049 cr

Home-grown FMCG major Emami Ltd on Monday reported an increase of 7.03 per cent in profit after tax at Rs 278.98 crore in the third quarter ended December 2024, helped by a healthy volume growth in core business. The company had posted a PAT (profit after tax) of Rs 260.65 crore in the October-December quarter a year ago, according to a regulatory filing from Emami. Emami's revenue from operations was up 5.33 per cent to Rs 1,049.48 crore during the quarter under review. It was at Rs 996.32 crore in the corresponding quarter. "The company continued to deliver profit-led growth, with improved margins across the board. Gross margins expanded by 150 basis points to 70.3 per cent," said Emami in its earnings statement. EBITDA (earnings before interest, tax, depreciation and amortisation) grew by 8 per cent to Rs 339 crore in the December quarter, with margins expanding by 70 basis points, it added. About the demand trends, Emami said the macroeconomic environment during the reporting

Canara Bank Q3 results: Net profit up 12.25% on non-interest income boost

The non-interest income, covering fees, commissions, treasury revenues, and recoveries, rose by 35.1 per cent Y-o-Y to Rs 5,802 crore

Auto parts firm Sundram Fasteners Q3 net profit flat at Rs 131 crore

The company's consolidated revenue from operations for the quarter ended December 31, 2024, stood at Rs 1,441.12 crore

SBI General Insurance Q3 results: Profit grows 273% to Rs 504 crore

SBI General Insurance Posts an Impressive 273% PAT Growth in 9M FY25

TCI Q3 results: Net profit rises 27% to Rs 102 crore on strong 3PL demand

Multimodal logistics firm Travel Corporation of India (TCI) on Monday reported a 27.3 per cent year-on-year increase in consolidated Profit After Tax (PAT) to Rs 102 crore for the three months ended December 2024, driven by strong demand for warehousing, temperature-controlled logistics, and green multimodal solutions in Third-party Logistics (3PL). The company had recorded a PAT of Rs 80.20 crore in the October-December period of the previous fiscal. The topline during the quarter under review, TCI said, grew 14.1 per cent at Rs 1,153.90 crore from Rs 1,011.50 crore clocked in the December quarter of FY24. Ebitda (Earnings Before Interest, Depreciation, Taxes and Amortisation) for Q3FY25 stood at Rs 147.8 crore, from Rs 127.60 crore in the third quarter of FY24, registering a year-on-year growth of 15.8 per cent, TCI said. "The company has strengthened its market position and has seen a surge in demand for warehousing and temperature-controlled, 3PL green multimodal solutions from

Epigral Q3 result: PAT more than doubles to Rs 103.63 cr, shares up 5.57%

Integrated chemical manufacturer Epigral Ltd on Monday posted a more than two-fold jump in consolidated net profit at Rs 103.63 crore in the December quarter on strong sales. The company had reported a net profit of Rs 49.08 crore in the year-ago period. Total income rose 37 per cent to Rs 649.10 crore during the October-December quarter of 2024-25 fiscal from Rs 473.98 crore in the corresponding period of the previous year, according to a regulatory filing. Expenses remained higher at Rs 495.57 crore against Rs 399.82 crore. Epigral Chairman and Managing Director Maulik Patel said: "Epigral's revenue grew by 37 per cent in nine months of FY2025 on account of 15 per cent growth in sales volume from derivatives business and high-value products." The company's diversification strategy has played a key role in witnessing consistent and stable growth in the subdued demand scenario, he added. Epigral's board has approved doubling its CPVC Resin and Epichlorohydrin (ECH) capacity. Th

Stock Market Crash Highlights: Sensex tumbles 824 pts, Nifty at 22,829; all sectors end in red

Markets Today Crash Highlights:Broader markets also mirrored the benchmarks as the Nifty Smallcap100 and Nifty Midcap100 indices ended down by 3.84 per cent and 2.75 per cent, respectively

LT Foods Q3 result: PAT down 5% to Rs 145 cr, total income at Rs 2,288.2 cr

LT Foods, a leading player in the basmati and speciality rice segment, on Monday posted 4.75 per cent drop in consolidated net profit at Rs 145.38 crore on higher expenses. The company had logged a net profit of Rs 152.64 crore in the year-ago period. Total income rose to Rs 2,288.25 crore from Rs 1,949.68 crore in the corresponding period of the previous year, according to a regulatory filing. Expenses rose to Rs 2,094.42 crore from Rs 1,757.67 crore. The Board reappointed Ashwani Kumar Arora and Surinder Kumar Arora as Managing Directors of the company, subject to approval of shareholders. It also approved the acquisition of 4 per cent stake in Raghunath Agro Industries. Shares of the company were trading down 7.08 per cent at Rs 370.30 apiece on BSE.

Adani Wilmar Q3 results: Net profit more than doubles to Rs 411 crore

Adani Wilmar on Monday posted over twofold jump in consolidated net profit at Rs 410.93 crore for December quarter 2024-25 on strong edible oil sales. The company had logged a net profit of Rs 200.89 crore in the year-ago period. Total income rose to Rs 16,926 crore during the quarter from Rs 12,887.21 crore in the corresponding period of the previous year, according to a regulatory filing. Revenue from edible oil segment increased to Rs 13,386.71 crore from Rs 9,710.82 crore in the year-ago period. Revenue from 'food and FMCG' segment rose to Rs 1,558 crore from Rs 1,273 crore, while revenue from 'industry essentials' increased to Rs 1,914.59 crore from Rs 1,844.12 crore. Expenses remained higher at Rs 16,379.76 crore as against Rs 12,606.26 crore. Adani Wilmar Managing Director and CEO Angshu Mallick said: "The company has been delivering strong profits over the last five quarters. We have delivered record profits during the quarter, with EBITDA at Rs 792 crore and PAT at Rs 41

Indian Oil Q3 results: Net profit drops 77% to Rs 2,115 cr, revenue down 5%

Indian Oil Q3FY25 results: Shares of the company dropped more than 3% following release of the PSU's earnings report

Adani Total Gas Q3 results: Profit drops 19% to Rs 142 cr, revenue up 13%

Adani Total Gas Q3 results: The company had reported a net profit of Rs 176.64 crore during the same period last year