Page 75 - Q3 Results

Infosys Q3 Preview: Profits may jump by 11%, revenues to rise by 6%

Indian information technology (IT) company, Infosys, is scheduled to deliver its October-December quarterly earnings for the financial year 2024-25 (Q3FY25) on Thursday, January 15, 2025

Ceat Q3FY25 results: Net profit skids 46.4% to Rs 97.1 cr, revenue up 11.3%

Ceat's consolidated PAT for Q3FY25 stood at Rs 97.1 crore, while revenue from operations came in at Rs 3,299.9 crore

Airtel may see highest revenue growth, user addition in Q3: Analysts

Residual benefits from last July's tariff hike, Indus consolidation to help telco

Punjab & Sind Bank Q3FY25 results: Net profit jumps two-fold to Rs 282 cr

State-owned Punjab & Sind Bank on Wednesday reported a more than two-fold jump in its net profit to Rs 282 crore in the December 2024 quarter as bad loans declined. The Delhi-headquartered bank had earned a net profit of Rs 114 crore a year ago. The bank's total income increased to Rs 3,269 crore during the quarter under review against Rs 2,853 crore in the same period last year, Punjab & Sind Bank said in a regulatory filing. The interest income also rose to Rs 2,931 crore compared to Rs 2,491 crore in the year-ago period. On the asset quality front, gross non-performing assets (NPAs) declined to 3.83 per cent of the gross loans by the end of December 2024 from 5.70 per cent a year ago. Similarly, net NPAs or bad loans came down to 1.25 per cent from 1.80 per cent at the end of the third quarter of the previous fiscal. The Provision Coverage Ratio (including Technically Written Off) as at December 31, 2024, works out to 89.53 per cent against 88.16 per cent at the end of ...

Bank of Maharashtra Q3FY25 results: Net profit rises 36% to Rs 1,406 crore

State-owned Bank of Maharashtra (BoM) on Wednesday posted a 36 per cent rise in net profit to Rs 1,406 crore in the third quarter ended December 2024 with rising interest income. The Pune-based lender had posted a net profit of Rs 1,036 crore in the October-December period a year ago. Total income increased to Rs 7,112 crore during the quarter under review against Rs 5,851 crore in the same period previous year, BoM said in a regulatory filing. The bank earned an interest income of Rs 6,325 crore during the quarter compared to Rs 5,171 crore a year ago. The bank was able to reduce gross Non-Performing Assets (NPAs) to 1.80 per cent of the gross loans by the end of December 2024 from 2.04 per cent in the year-ago period. Similarly, net NPAs or bad loans came down to 0.2 per cent from 0.22 per cent at the end of the third quarter of the previous fiscal. The Provision Coverage Ratio (PCR) as of December 31, 2024, is 98.28 per cent. The bank has raised Rs 3,500 crore through Qualifi

RIIL Q3FY25 results: Net profit drops 24% to Rs 2.74 cr, revenue falls 9.4%

Reliance Industrial Infrastructure Ltd on Wednesday reported a 24 per cent decline in its third-quarter net profit as lower utilisation of infrastructure assets led to a fall in revenue. Consolidated net profit in October-December - the third quarter of April 2024 to March 2025 (FY25) fiscal - fell to Rs 2.74 crore from Rs 3.62 crore a year back, the company said in a statement. Its revenue fell 9.4 per cent to Rs 18.60 crore from Rs 20.52 crore in October-December 2023. This was "on account of lower utilisation of infrastructure assets," the statement said. "The company continues to provide infrastructure support services, which include transportation of petroleum products and raw water through pipelines and other support services mainly to Reliance Industries Limited," it said. "The company presently does not have any expansion plans on the anvil.

Axis Bank Q3 results: Analysts expect flat loan, deposit growth, weak NIM

Axis Bank Q3 results expectations: There are expectations that Axis Bank Q3 results could be a weak set of numbers, dragged by weak loan and deposit growth, margin pressure and poor asset quality

HDFC Life Q3 results: PAT up 14% at Rs 415 cr, income down at Rs 16,914 cr

HDFC Life on Wednesday reported a 14 per cent rise in net profit to Rs 415 crore in the December quarter. The private sector insurer's profit stood at Rs 365 crore in the year-ago period, HDFC Life said in a regulatory filing. However, total income declined to Rs 16,914 crore in the latest quarter from Rs 26,694 crore in the year-ago period. The company's solvency ratio also declined to 188 per cent from 190 per cent as on December 31, 2023 as against the regulatory requirement of 150 per cent. For the nine-month period ended December, the life insurer posted a profit of Rs 1,326 crore as against Rs 1,157 crore in the corresponding period a year ago.

L&T Technology Services Q3FY25 results: Net profit drops 4% to Rs 322.4 cr

Growth was primarily driven by the Technology and Sustainability segments

Oriental Hotels Q3 results: PAT down at Rs 13.99 cr, revenue surges 20%

Oriental Hotels Ltd has reported a profit after tax of Rs 13.99 crore for the quarter ending December 31, 2024, the company said on Wednesday. Oriental Hotels Ltd reported a profit after tax of Rs 16.43 crore during the corresponding quarter of last year. Oriental Hotels Ltd, an associate company of The Indian Hotels Company Ltd manages several hotels including the Taj Coromandel, Chennai, Taj Fisherman's Cove Resort and Spa, Chennai, among others. Revenue during the quarter under review surged to Rs 122.05 crore from Rs 106.07 crore registered during the same period of last year. "In Q3FY25, OHL has reported an operating revenue of Rs 121 crore, a growth of 20 per cent over the previous year. Led by an increase 11 per cent increase in average room rate resulting in an operating EBITDA of Rs 34 crore, a growth of 22 per cent.", Oriental Hotels Ltd Managing Director and CEO Pramod Ranjan said. The profit after tax for the nine month period ending December 31, 2024 stood at Rs 26.83

Stock Market Highlights: Sensex gains 224pts led by IT, Nifty ends at 23,213; Auto, FMCG shares fall

Markets Today Highlights:Among the broader markets, the Nifty Midcap100 and Nifty Smallcap100 ended with gains of 0.41 per cent and 0.56 per cent, respectively

Q3 results preview: Weak O2C biz likely to drag earnings for RIL again

Analysts expect Q3FY25 to report continued weakness in O2C earnings

Shoppers Stop jumps 11% on posting Q3 nos; profit up 37%; rev up 9% YoY

The company's revenue for the quarter under review stood at Rs 1,311 crore, up 8.7 per cent year-on-year (Y-o-Y), as compared to Rs 1,207 crore

Q3 results Jan 15: HDFC Life, L&T Tech, PSB among 24 to post earnings today

Q3FY25 company results today: HDFC Life, L&T Tech, Oracle Financial Services, CEAT, Punjab & Sind Bank, and Bank of Maharashtra will release their reports for the Oct-Dec 2024 quarter

Top 7 capital goods, engineering companies bagged Rs 1 trn orders in Q3

Data on brokerage estimated new order wins for top-7 capital goods and engineering firms (excluding Hindustan Aeronautics) combined was upwards of Rs 1 trillion

Shoppers Stop Q3 results: PAT rises 41% to Rs 52.23 cr, revenue grows 11.5%

Spending on beauty and lifestyle products surged during India's festive season between October and December, which typically accounts for the bulk of retailers' annual sales

HDFC AMC Q3 results: Net profit rises 31% to Rs 641 cr, revenue up 39%

HDFC AMC Q3 FY25 results: The company had declared and paid an interim dividend of Rs 70 per equity share at the end of FY24

Adani Energy up 14% on posting Q3 biz update; here's what company revealed

In Q3, the company's transmission network expanded to 26,485 circuit kilometres (ckm), a 29.7 per cent increase as compared to 20,422 ckm a year ago

Angel One shares drop 7% in trade; here's how company fared in Q3FY25

Brokerage Angel One on Monday, after market hours, reported its third-quarter profit at Rs 281 crore as compared to Rs 260.31 crore, a rise 8 per cent Y-o-Y

Q3FY25 results Jan 14: HDFC AMC, Network18 among 11 to post earnings today

Q3FY25 company results today: Shopper Stop, SRM Energy, and Shree Pushkar Chemicals & Fertilisers will also be releasing their earnings report on January 14 for the quarter that ended on Dec 31