Adani Group firm Ambuja Cements Ltd on Friday said its profit after tax declined 86.21 per cent to Rs 366.97 crore in the December quarter of FY26, citing a higher base due to tax gains in the year-ago quarter. Ambuja Cements Ltd (ACL) reported a profit after tax (PAT) of Rs 2,662.97 crore in the October-December quarter of the last fiscal, according to a regulatory filing. ACL, along with its subsidiary ACC, received a favourable order from a high court, following which they reassessed their tax liabilities for Q3/FY25. An amount of Rs 1,179.71 crore and Rs 516.84 crore were recorded in the books of ACL and ACC, respectively, and disclosed the write-back under tax adjustments relating to earlier periods. Besides, ACL also received a cash refund of Rs 203.17 crore along with an interest of Rs 25.60 crore after getting a favourable verdict from the Commissioner of Income Tax (Appeals) dated August 5, 2024, the filing said. It registered a PAT of Rs 378 crore in Q3 of FY26, which was
Forex gains from currency appreciation and higher data revenues boost earnings, while subscriber base and smartphone penetration continue to rise across markets
Bajaj Auto Q3 growth was driven by a double-digit increase in export volumes across both two-wheelers and commercial vehicle segments
Arvind Ltd's Q3 profit fell 5% to ₹100.97 crore due to labour code impact and higher costs, even as revenues and volumes posted strong growth
Nalco's revenue for the quarter was up 1.5 per cent Y-o-Y to ₹4,730.95 crore from ₹4,662.22 crore in Q3FY25. Sequentially, revenue rose 10.2 per cent from ₹4,292.34 crore
The scrip jumped 10.76 per cent to the day's high of ₹802 on the National Stock Exchange
The stock jumped 13.3 per cent to ₹442 apiece on the National Stock Exchange (NSE)
The management said Strides continues to deliver a strong performance in Q3FY26 with growth primarily driven by the Other Regulated Markets and Growth Markets.
The Indian unit of Swiss food major Nestle said net profit rose to ₹1,018 crore ($110.77 million) for the quarter ended December 31
Revenue from sales to automakers jumped 25 per cent during the quarter, while sales of two- and four-wheeler batteries to retail customers hit a record high, Exide said
The country's largest diagnostics firm by revenue took up a one-time charge worth ₹30.1 crore linked to India's new labour codes
The scrip fell 3.82 per cent to a new low of ₹134.33 on the National Stock Exchange (NSE)
In Q3, Walchandnagar Industries reported a net profit of ₹4.66 crore, as compared to a net loss of ₹17.13 crore a year ago
The stock price of Maruti Suzuki was quoting lower for the 8th straight trading day on Friday, falling 12 per cent during the period.
In Q3, Paytm posted a consolidated net profit of ₹225 crore, as compared to a loss of ₹208 crore in Q3FY25
ICICI Securities has reduced Allied Blenders share price target to ₹520 from ₹540 earlier. The new target price implies upside potential of 14.13 per cent from current levels
The scrip declined as much as 10.33 per cent to ₹322.10, the lowest level since April 26, 2023 on the National Stock Exchange (NSE)
Acme Solar Holdings share price was trading 4.5 per cent higher at ₹224 compared to the previous session's close of ₹214.33 on the NSE
Vi's management, during its analyst meet, unveiled a capex plan for the next 3 years, aimed at sustained subscriber additions, double-digit revenue growth and tripling of cash EBITDA by FY29.
Emkay Global described Dixon's Q3 as 'soft', with revenue growth limited to 2% Y-o-Y, largely due to a 5% annual decline and a sharp 30% sequential fall in the mobile phone business.