Kotak AMC's CIO, Harsha Upadhyaya, anticipates modest earnings growth in FY25, particularly in the second ...More

Kotak AMC's CIO, Harsha Upadhyaya, anticipates modest earnings growth in FY25, particularly in the second half. Market volatility is expected to persist in the short term, influenced by Q3 results and budget expectations. While consumption remains weak, Upadhyaya favors IT and pharma over textiles due to cyclical uptrends and growth opportunities. ...Less

Macy's delayed its third-quarter results after uncovering an employee's concealment of $132 million to $1 ...More

Macy's delayed its third-quarter results after uncovering an employee's concealment of $132 million to $154 million in delivery expenses. Preliminary sales figures missed Wall Street expectations, and the company's stock dipped. An internal investigation is underway, with full results and a revised outlook expected by December 11. Despite this, Macy's CEO expressed optimism about the upcoming holiday season. ...Less

Foxconn's shares have surged more than 100% so far in 2024, far outperforming the broader market's 28% ga ...More

Foxconn's shares have surged more than 100% so far in 2024, far outperforming the broader market's 28% gain. Foxconn said last month it was building in Mexico the world's largest manufacturing facility for bundling Nvidia's GB200 superchips, a key component of the US firm's next-generation Blackwell family computing platform. ...Less

Varun Beverages, reported a 22.3% year-on-year increase in net profit, reaching Rs 628.83 crore for the s ...More

Varun Beverages, reported a 22.3% year-on-year increase in net profit, reaching Rs 628.83 crore for the second quarter ending September 2024. This compares to Rs 514 crore in the same period last year, with a 24.5% rise in profit for the nine months ending September 2024. ...Less

Schaeffler India on Wednesday said its consolidated Profit After Tax grew marginally to Rs 236.41 crore i ...More

Schaeffler India on Wednesday said its consolidated Profit After Tax grew marginally to Rs 236.41 crore in the July-September quarter of this year, from Rs 232.76 crore a year ago. ...Less

ABB, a Swiss engineering company, reported higher-than-expected operating profits in the third quarter. T ...More

ABB, a Swiss engineering company, reported higher-than-expected operating profits in the third quarter. This success came from its electrification unit. The company raised its profitability outlook for the year but slightly downgraded its revenue growth expectations. The new CEO, Morten Wierod, started in August, following an operational overhaul by former CEO Bjorn Rosengen. ...Less

BlackRock hits a record $11.48 trillion in assets under management amid quarterly net inflows of $221 bil ...More

BlackRock hits a record $11.48 trillion in assets under management amid quarterly net inflows of $221 billion, bolstered by ETF inflows and acquisitions. Net income rises to $1.63 billion, with significant long-term inflows driven by a market rally and investor interest in fixed-income products. ...Less

?Even though shipments of 1.89 million tonne in the Jul-Sep period were marginally higher than 1.87 milli ...More

?Even though shipments of 1.89 million tonne in the Jul-Sep period were marginally higher than 1.87 million tonne in the same quarter last year, sales for the quarter stood at $1.54 billion, down from $1.68 billion in the year ago period. EBITDA for the September quarter stood at $162 million, down from $533 million a year ago. ...Less

The company follows an October–September period to report its quarterly results. Total revenue was up 7% ...More

The company follows an October–September period to report its quarterly results. Total revenue was up 7% at Rs 5203 crore against Rs 4873 crore. The company’s new orders stood at Rs. 6,245 crore, an increase of 18% over the same period last year. Revenue from energy segment declined from Rs 1,518 crore to Rs 1,485 crore year-on-year. ...Less

German chipmaker Infineon reported third-quarter revenue of 3.702 billion euros ($4.04 billion), falling ...More

German chipmaker Infineon reported third-quarter revenue of 3.702 billion euros ($4.04 billion), falling short of the 3.8 billion euros forecast in a company-provided consensus. ...Less

Siemens saw a 25% rise in profit after tax at Rs 531 crore for the April-June quarter, driven by higher r ...More

Siemens saw a 25% rise in profit after tax at Rs 531 crore for the April-June quarter, driven by higher revenues. The company's revenues increased by 7% to Rs 4,714 crore, and new orders were up by 18% at Rs 6,245 crore. The CEO noted strong performance across businesses, except in the Digital Industries segment. ...Less

ITC Ltd is expected to announce its December quarter results on Monday. The company is likely to report a ...More

ITC Ltd is expected to announce its December quarter results on Monday. The company is likely to report a steady volume growth in both cigarettes and non-cigarette FMCG business, as well as strong traction in the hotel segment. However, the agri and paper and paperboards businesses may have been sluggish, restraining overall revenue growth. Analysts estimate a nearly 5% YoY growth in revenue to Rs 17,016 crore, a 2.5% YoY increase in EBITDA to Rs 6,378 crore, and a 2% growth in profit to Rs 5,137 crore. ...Less

ITC, Bajaj Finance, NTPC, Adani Green Energy, Bharat Electronics, Punjab National Bank, GAIL, Bharat Petr ...More

ITC, Bajaj Finance, NTPC, Adani Green Energy, Bharat Electronics, Punjab National Bank, GAIL, Bharat Petroleum, Corporation, Vodafone Idea, Marico, Petronet LNG, Nippon Life India Asset Management, Tata Investment Corporation, Piramal Enterprises, R R Kabel, Aditya Birla Sun Life AMC, Maharashtra Seamless, Nuvoco Vistas Corporation, Godfrey Phillips India, among others will report their December quarter numbers on Jan 29 ...Less

Nearly 50 companies, including Archean Chemical Industries, Affle, Balu Forge, Clean Science and Technolo ...More

Nearly 50 companies, including Archean Chemical Industries, Affle, Balu Forge, Clean Science and Technology, Gujarat Alkalies & Chemicals, and Krishna Institute of Medical Sciences (KIMS), will announce their December quarter earnings. The market is particularly interested in the results of PSU lender State Bank of India (SBI). ...Less

Nearly 130 companies, including Tata Motors and Indigo, will be announcing their December quarter earning ...More

Nearly 130 companies, including Tata Motors and Indigo, will be announcing their December quarter earnings. Tata Motors is expected to have a strong performance due to robust demand for vehicles in India and growth in volumes for Jaguar Land Rover. Indigo is also expected to post strong profit growth driven by improving passenger yields and fare prices. ...Less

On the last trading day of this week, 84 companies listed on the BSE will announce their December quarter ...More

On the last trading day of this week, 84 companies listed on the BSE will announce their December quarter earnings. Among the Nifty companies, SBI Life Insurance Company and JSW Steel will report their Q3 earnings. Street will also keeping a close track on the earnings of ACC, Adani Power, AU Small Finance Bank, Cyient, Equitas Small Finance Bank, Hindustan Petroleum Corporation (HPCL), Indian Energy Exchange. ...Less

The Street has an action-packed day on Thursday with the release of Union Budget 2024 and earnings announ ...More

The Street has an action-packed day on Thursday with the release of Union Budget 2024 and earnings announcements from 86 BSE listed companies for the December quarter. Notable companies to watch among the Nifty companies are Adani Enterprises, Adani Ports & Special Economic Zone, and Titan Company. Other important results include Abbott India, Aether, Bata India, Castrol India, Deepak Fertilizers and Petrochemicals Corporation, GMM PFaudler, India Cements, Jyothy Labs, Jupiter Wagons, Dr Lal Pathlabs, Minda Corp, MPhasis, RITES, Texmaco Rail & Engineering, Thyrocare. ...Less

Q3 Results Today: The BSE will see seventy eight companies announcing their December quarter earnings, in ...More

Q3 Results Today: The BSE will see seventy eight companies announcing their December quarter earnings, including Bajaj Auto, Tata Steel, and Tech Mahindra. Axis Bank reported a 4% YoY increase in net profit for the October-December quarter. Bajaj Auto is expected to have a 33.3% YoY rise in net profit, while Tech Mahindra may see a decline in revenue but a rise in net profit. Other companies announcing their Q3 results include Ujjivan Small Finance Bank, UCO Bank, TVS Motor Company, Railtel, and PNB Housing. ...Less

Sun Pharmaceuticals and Maruti Suzuki India are among the companies declaring their Q3FY24 earnings. Maru ...More

Sun Pharmaceuticals and Maruti Suzuki India are among the companies declaring their Q3FY24 earnings. Maruti Suzuki India is expected to report healthy revenue growth, while Sun Pharmaceuticals may see moderate revenue growth. ...Less

Axis Bank Q3 results today: Private lender Axis Bank is set to announce its Q3 results today. Analysts ex ...More

Axis Bank Q3 results today: Private lender Axis Bank is set to announce its Q3 results today. Analysts expect modest growth in net interest income and profit. Net interest income is projected to rise by 1% QoQ, while profit growth is expected to be in the range of 2-5% QoQ. The bank's net interest margins may decline due to higher cost of deposits. Other factors to watch include credit costs, business growth, loan mix, and asset quality. ...Less

Q3 results today: Tuesday marks the announcements of December quarter earnings for 95 BSE listed companie ...More

Q3 results today: Tuesday marks the announcements of December quarter earnings for 95 BSE listed companies. Larsen & Toubro, Bajaj Finserv, and Dr Reddy's Laboratories are the key companies to watch. Other important results include Cochin Shipyard, Blue Star Company, Dwarikesh Sugar Industries, KEC, Mahindra & Mahindra Finance, KPIT Technologies, NDTV, PB Fintech, Star Health and Allied Insurance, Vaibhav Global, VIP Industries, and Voltas. ...Less

Q3 results today: As for Trent, the fashion retailer posted a 124% jump in consolidated net profit to Rs ...More

Q3 results today: As for Trent, the fashion retailer posted a 124% jump in consolidated net profit to Rs 374.36 crore versus PAT of Rs 167 crore in the year-ago period. ...Less

46 listed companies to declare December quarter earnings, including Reliance Industries, Hindustan Unilev ...More

46 listed companies to declare December quarter earnings, including Reliance Industries, Hindustan Unilever, UltraTech Cement, and Paytm operator One 97 Communications. Other important results from Atul, Central Bank, Hindustan Zinc, RBL Bank, Sunteck Realty, and Supreme Industries. IndusInd Bank and Polycab India announce October-December quarter results. RIL expected to see YoY growth in earnings, HUL to report muted numbers, Ultratech Cement to post higher revenue growth, and Paytm to show solid revenue growth. ...Less

Q3 results today: 160 companies, including Britannia Industries and FSN E-Commerce Ventures, will announc ...More

Q3 results today: 160 companies, including Britannia Industries and FSN E-Commerce Ventures, will announce their December quarter earnings on Tuesday. Street will be closely watching these results. Other important results include Brigade Enterprises, Computer Age Management Services, Chambal Fertilizers and Chemicals, Eid Parry, Eveready Industries, Godrej Properties, JK Tyre & Industries, Lemon Tree Hotels, Nazara Technologies, Radico Khaitan, Tata Teleservices Maharashtra, and Zaggle Prepaid Ocean Services. ...Less

Airtel reported an increase in the average revenue per user (ARPU) to Rs 208 in Q3FY24 versus Rs 193 in Q ...More

Airtel reported an increase in the average revenue per user (ARPU) to Rs 208 in Q3FY24 versus Rs 193 in Q3FY23. The company posted quarterly consolidated revenues of Rs 37,900 crore for the October-December quarter which was up 6% on the YoY basis, partially impacted by currency devaluations in Africa. ...Less

Q3 results today: On Saturday, 52 companies including State Bank of India (SBI), Archean Chemical Industr ...More

Q3 results today: On Saturday, 52 companies including State Bank of India (SBI), Archean Chemical Industries, Affle, Balu Forge, Clean Science and Technology, Gujarat Alkalies & Chemicals and Krishna Institute of Medical Sciences (KIMS). ...Less

ICICI Bank is expected to report a 20% YoY growth in net profit at Rs 9,984 crore, and net interest incom ...More

ICICI Bank is expected to report a 20% YoY growth in net profit at Rs 9,984 crore, and net interest income (NII) of Rs 18,474.30 crore for the December quarter. The bank's earnings are likely to be aided by a higher than industry growth in the loan book, lower credit costs, and steady asset quality. The loan book is expected to grow by 18.4% YoY, with healthy momentum in the retail and SME segments. Deposits are expected to grow by 19.2% YoY, with CASA at 40.9% as of December end. NIMs may experience a compression of 10 bps QoQ. ...Less

Q3 results today: 40 companies announcing their quarterly earnings. ICICI Bank and Kotak Mahindra Bank ar ...More

Q3 results today: 40 companies announcing their quarterly earnings. ICICI Bank and Kotak Mahindra Bank are among the most tracked after results. Other important results include IDBI Bank, IDFC First Bank, IREDA, J&K Bank, JK Cement, Persistent Systems, and Union Bank. ...Less

Max Healthcare Institute Chairman and Managing Director Abhay Soi said the company continued to witness p ...More

Max Healthcare Institute Chairman and Managing Director Abhay Soi said the company continued to witness positive trends on all parameters even during this quarter. This translated into revenue and profitability growth, despite expected softness in occupancies due to the festive season. ...Less

The bank's operating profit for the quarter also rose 22% at Rs Rs 256 crore against Rs 210 crore seen in ...More

The bank's operating profit for the quarter also rose 22% at Rs Rs 256 crore against Rs 210 crore seen in the year ago period, backed by rise in both core and other earnings. Provisions were higher at Rs 104 crore against Rs 87 crore. ...Less

HCLTech is expected to report strong earnings for the December quarter, while Wipro may continue to disap ...More

HCLTech is expected to report strong earnings for the December quarter, while Wipro may continue to disappoint the market. HCLTech shares have rallied nearly 19% in the last quarter and are holding on to gains. Analysts expect HCLTech's revenue to rise 5% sequentially, and net profit to increase by 7%. Wipro is likely to see a decline in constant currency revenue growth due to furloughs and weak demand. ...Less

Today, the focus will be on the results of HCL Technologies and Wipro.. Other important results include H ...More

Today, the focus will be on the results of HCL Technologies and Wipro.. Other important results include HDFC Life Insurance Company, Anand Rathi Wealth, Aditya Birla Money, Den Networks, and Tata Metaliks. HCL Technologies is expected to beat sector seasonality with a rise in revenue, while Wipro's performance is expected to be muted due to furloughs and weak demand. ...Less

ZEEL Q3 Results: Revenue during the December quarter fell 3% YoY to Rs 2,045 crore. The company reported ...More

ZEEL Q3 Results: Revenue during the December quarter fell 3% YoY to Rs 2,045 crore. The company reported a 43% decline in Q3 EBITDA at Rs 209 crore compared to Rs 366 crore in the same quarter last year. ...Less

M&M Q3 Result Preview: Revenue is likely to increase 16.5% YoY to Rs 25,216 crore, led by strong growth i ...More

M&M Q3 Result Preview: Revenue is likely to increase 16.5% YoY to Rs 25,216 crore, led by strong growth in volumes in the automotive segment, which will offset the weakness in the tractor segment. ...Less

On Monday, over 299 companies announced their December quarter earnings which included the likes of NHPC, ...More

On Monday, over 299 companies announced their December quarter earnings which included the likes of NHPC, Coal India, 63 Moons Technologies, Allcargo Logistics, Balmer Lawrie Investments and Galaxy Surfactants. ...Less

Kotak Mahindra Bank Q3 Results: The lender's Net interest income, the difference between interest earned ...More

Kotak Mahindra Bank Q3 Results: The lender's Net interest income, the difference between interest earned and interest expended, rose nearly 16% YoY to Rs 6,553.52 crore. The moderate growth in the bottomline was partially due to a sharp jump in the provisions during the quarter under review. ...Less

??Reliance Q3 Results: The profit figure was higher than an ETNow poll of Rs 16,944 crore. Consolidated r ...More

??Reliance Q3 Results: The profit figure was higher than an ETNow poll of Rs 16,944 crore. Consolidated revenue from operations rose 3.6% YoY to Rs 2.28 lakh crore, a tad lower than the estimated Rs 2.36 lakh crore. EBITDA grew nearly 17% YoY to Rs 44,678 crore, led by growth across all business segments. ...Less

Revenue increased 10.3% YoY to Rs 25,368 crore. Sequentially, the bottomline rose nearly 3% and the topli ...More

Revenue increased 10.3% YoY to Rs 25,368 crore. Sequentially, the bottomline rose nearly 3% and the topline grew 2.5%. Total expenses for the December quarter increased to Rs 18,518 crore from Rs 16,839 crore a year ago, and 18,063 crore a quarter ago. Network operating expenses rose to Rs 7,706 crore from Rs 7,227 crore a year ago and Rs 7,607 crore a quarter ago. ...Less

Among other important results will be those by Aurobindo Pharma, Chemcon Speciality Chemicals, Sai Silks ...More

Among other important results will be those by Aurobindo Pharma, Chemcon Speciality Chemicals, Sai Silks (Kalamandir), Mawana Sugars, MM Forgings and Yatharth Hospital & Trauma Care Services. ...Less

Realty firm Omaxe Ltd on Friday reported a consolidated loss of Rs 71.77 crore for the quarter ended in D ...More

Realty firm Omaxe Ltd on Friday reported a consolidated loss of Rs 71.77 crore for the quarter ended in December 2023. Its loss stood at Rs 109.11 crore in the year-ago period. ...Less

Revenue from operations in the third quarter increased 28% year-on-year (YoY) to Rs 488 crore, compared w ...More

Revenue from operations in the third quarter increased 28% year-on-year (YoY) to Rs 488 crore, compared with Rs 382 crore in the same quarter of last year. ...Less

Tata Power Q3 results: In the September quarter of FY24, Tata Power had reported a 7% year-on-year (YoY) ...More

Tata Power Q3 results: In the September quarter of FY24, Tata Power had reported a 7% year-on-year (YoY) increase in its consolidated net profit at Rs 876 crore. It was Rs 819 crore in the same period last year. ...Less

Q3 results today: Lender IndusInd Bank will announce its Q3 earnings along with 41 companies. Investors w ...More

Q3 results today: Lender IndusInd Bank will announce its Q3 earnings along with 41 companies. Investors will closely watch the results of this fifth-largest private bank following HDFC Bank's unimpressive results. Other notable companies to track include Indiamart InterMesh, Mastek, Metro Brands, Polycab, Home First Finance Company, Poonawalla Fincorp, South Indian Bank, Shoppers Stop, and Tata Communications. ...Less

Q3 results today: Hero MotoCorp is slated to release its earnings for the December quarter later today, a ...More

Q3 results today: Hero MotoCorp is slated to release its earnings for the December quarter later today, and the country’s largest two-wheeler maker is expected to put up a robust show across key parameters. The automaker is likely to report a healthy double-digit growth in earnings on the back of robust sales volumes and higher realisations. ...Less

Patanjali Foods Q3 Results: Revenue from operations fell 0.2% to Rs 7,911 crore. Sequentially, the toplin ...More

Patanjali Foods Q3 Results: Revenue from operations fell 0.2% to Rs 7,911 crore. Sequentially, the topline rose just 1.1%, while the bottomline dropped by nearly 15%. ...Less

Asian Paints to announce Q3 earnings along with 21 other companies. Federal Bank and Bank of Maharashtra ...More

Asian Paints to announce Q3 earnings along with 21 other companies. Federal Bank and Bank of Maharashtra posted YoY jump in profit after tax. Asian Paints is likely to report strong Q3 results. LTI Mindtree is expected to report constant currency revenue growth. ...Less

Analysts further see Zomato's quick commerce arm to show strong growth during the December quarter. Inves ...More

Analysts further see Zomato's quick commerce arm to show strong growth during the December quarter. Investors will keep an eye on the outlook on growth, margin sustainability, and Blinkit. In Q2, the company increased its profits sequentially to Rs 36 crore. Revenue from operations surged 71% YoY to Rs 2,848 crore. ...Less

Q3 Results Today: HDFC Bank and 29 other companies listed on BSE will announce their December quarter ear ...More

Q3 Results Today: HDFC Bank and 29 other companies listed on BSE will announce their December quarter earnings. Notable results to watch include Federal Bank, ICICI Lombard General Insurance Company, ICICI Securities, Bank of Maharashtra, CE Infosystems, Network18 Media & Investments, Newgen Software Technologies, and TV18 Broadcast. ...Less

On Tuesday, Nearly 160 companies will be announcing their December quarter earnings including the likes o ...More

On Tuesday, Nearly 160 companies will be announcing their December quarter earnings including the likes of Britannia Industries and FSN E-Commerce Ventures which operates Nykaa brand. ...Less

Britannia Q3 results: Britannia is expected to see a muted growth in numbers across parameters amid weak ...More

Britannia Q3 results: Britannia is expected to see a muted growth in numbers across parameters amid weak volumes, subdued rural demand, higher raw material costs, and likely price cuts in some categories. ...Less

Nykaa Q3 results: Nykaa's parent company, FSN E-commerce Ltd, is expected to report strong earnings for t ...More

Nykaa Q3 results: Nykaa's parent company, FSN E-commerce Ltd, is expected to report strong earnings for the December quarter, driven by robust demand for beauty products during the festival and wedding season. Analysts predict double-digit revenue growth and significant profit growth for the quarter. ...Less

Bharti Airtel’s consolidated net profit for the fiscal third quarter jumped 54% from a year earlier, driv ...More

Bharti Airtel’s consolidated net profit for the fiscal third quarter jumped 54% from a year earlier, driven by increases in data users, per-capita revenue, and data usage. However, the consolidated results were dragged by currency devaluations in Africa. ...Less

Britannia Q3 Results Preview: The company is seen reporting a moderate 1.2% year-on-year (YoY) growth in ...More

Britannia Q3 Results Preview: The company is seen reporting a moderate 1.2% year-on-year (YoY) growth in consolidated revenue for the December quarter due to flat growth in volumes, according to the average of estimates given by 10 brokerage firms. ...Less

Bharti Airtel is expected to report a consolidated net profit of Rs 38,068 crore for the October-December ...More

Bharti Airtel is expected to report a consolidated net profit of Rs 38,068 crore for the October-December quarter, a 6.3% YoY jump. Revenues are expected to reach Rs 38,800 crore, an 8.4% YoY growth. The profit after tax (PAT) is expected to be Rs 2,340 crore, a 10.5% YoY decrease. ARPU is projected to grow 1% QoQ to Rs 205. Africa's revenue is expected to fall 2% QoQ to $1,221 million. Bharti Airtel is targeting a Rs 50,000 crore market opportunity with its enterprise offerings. ...Less

“The meeting of the Board of Directors of the Company is scheduled to be held on Friday, January 19, 2024 ...More

“The meeting of the Board of Directors of the Company is scheduled to be held on Friday, January 19, 2024, inter alia, to consider and approve the standalone and consolidated unaudited financial results of the Company for the quarter and nine months ended December 31, 2023,” RIL said in an exchange filing. ...Less

The earnings season for India Inc. and the IT sector commenced with Infosys and Tata Consultancy Services ...More

The earnings season for India Inc. and the IT sector commenced with Infosys and Tata Consultancy Services reporting their results for the December quarter. The IT sector faced challenges due to the slowdown in the US and Europe, impacting revenue for software services exporters. Deal wins decreased for both companies, particularly for Infosys. Revenue from the BFSI vertical dropped for both TCS and Infosys, with Infosys experiencing a steeper decline. ...Less

TCS and Infosys will release their Q3 earnings today amid expectations of weak numbers. However, bulls be ...More

TCS and Infosys will release their Q3 earnings today amid expectations of weak numbers. However, bulls believe that this could be the last dull quarter before revenue growth picks up in Q4. Analysts anticipate TCS to deliver 1.5% QoQ cc revenue growth driven by large deal ramp-ups, with margin expansion driven by operational efficiencies. On the other hand, Infosys is expected to see a decline in USD revenue due to seasonal furloughs and the impact of a slowdown in discretionary tech spending. ...Less

Interglobe Aviation Q3 Results: ?Revenue from operations during the reporting period increased 30% year-o ...More

Interglobe Aviation Q3 Results: ?Revenue from operations during the reporting period increased 30% year-on-year (YoY) to Rs 19,452 crore. ...Less

For the nine months ended December 31, the company reported revenue from operations of Rs 4863.4 crore, u ...More

For the nine months ended December 31, the company reported revenue from operations of Rs 4863.4 crore, up by 16.2% compared to the nine months ended December 31, 2022. ...Less

Adani Enterprises Q3 Results: The company's revenue from operations increased 6% YoY to Rs 28,336 crore i ...More

Adani Enterprises Q3 Results: The company's revenue from operations increased 6% YoY to Rs 28,336 crore in the reporting period, compared with Rs 26,612 crore in the corresponding quarter of the previous year. Consolidated EBIDTA for the quarter soared 89% to Rs 3,717 crore against Rs 1,968 crore in the year-ago quarter. ...Less

Adani Wilmar Q3 Results: Adani Wilmar reported an 18% YoY drop in Q3 FY24 profit at Rs 200.9 crore. The c ...More

Adani Wilmar Q3 Results: Adani Wilmar reported an 18% YoY drop in Q3 FY24 profit at Rs 200.9 crore. The company achieved the second-best EBITDA till date of Rs 504 crores in Q3. The revenues from branded products in the domestic market have been growing at 40%+ YoY. Adani Wilmar is focusing on scaling up its General Trade distribution network to realize the immense opportunity in packaged staple foods. ...Less

L&T Q3 Results: Consolidated revenue from operations rose nearly 19% YoY to Rs 55,128 crore and was highe ...More

L&T Q3 Results: Consolidated revenue from operations rose nearly 19% YoY to Rs 55,128 crore and was higher than the estimated Rs 54,147 crore. The company bagged orders worth Rs 75,990 crore during the December quarter, registering a robust growth of 25% on a YoY basis. ...Less

DRL Q3 Results: The profit was slightly above the ET Now poll estimate of Rs 1,337 crore. Revenue from op ...More

DRL Q3 Results: The profit was slightly above the ET Now poll estimate of Rs 1,337 crore. Revenue from operations increased 7% year-on-year (YoY) to Rs 7,215 crore. EBITDA for the reporting period stood at Rs 2,111 crore, while margins came in at 28%. ...Less

Maruti Suzuki Q3 Results Preview: Operating revenue for the third quarter is expected to rise 15% year-on ...More

Maruti Suzuki Q3 Results Preview: Operating revenue for the third quarter is expected to rise 15% year-on-year (YoY), according to an average estimate of four brokerages. Meanwhile, profit for the same period is seen rising up to 34% YoY. ...Less

HCL Tech, Wipro, HDFC Life Insurance, Anand Rathi Wealth, JTL Industries, Tata Metaliks, Bharat Bijlee, H ...More

HCL Tech, Wipro, HDFC Life Insurance, Anand Rathi Wealth, JTL Industries, Tata Metaliks, Bharat Bijlee, Hi-Tech Pipes, Aditya Birla Money, Artson Engineering, International Travel House, LKP Finance, Amal Ltd among others will declare their Q3 results on January 12. ...Less

FMCG major ITC is seen reporting a nearly 5% YoY growth in revenue for the quarter ended December to Rs 1 ...More

FMCG major ITC is seen reporting a nearly 5% YoY growth in revenue for the quarter ended December to Rs 17,016 crore, according to the average of estimates given by eight brokerages. The company's EBITDA is likely to increase 2.5% YoY to Rs 6,378 crore, and the profit may grow 2% to Rs 5,137 crore ...Less

Chennai-based Indian Overseas Bank recorded a 40 percent growth in net profit for the quarter ended Decem ...More

Chennai-based Indian Overseas Bank recorded a 40 percent growth in net profit for the quarter ended December 2023 on controlling non-performing loans and lower provisioning. ...Less

Tech Mahindra Q3: ?Consolidated revenue from operations declined nearly 5% YoY to Rs 13,101 crore but was ...More

Tech Mahindra Q3: ?Consolidated revenue from operations declined nearly 5% YoY to Rs 13,101 crore but was higher than the estimated Rs 12,790 crore. Sequentially, the bottomline and the topline rose 3.2% and 1.8%, respectively. In CC terms, the revenue rose 1.1% sequentially but dropped by 5.4% YoY. ...Less

Axis Bank will announce its Q3 earnings today, with analysts expecting modest growth in net interest inco ...More

Axis Bank will announce its Q3 earnings today, with analysts expecting modest growth in net interest income and profit. Net interest income for the October-December period is projected to rise by 1% quarter-on-quarter. Profit growth is expected to be in the range of 2-5% quarter-on-quarter. Investors should monitor net interest margins, which are expected to decline due to higher deposit costs. Additionally, credit costs, business growth, loan mix, and asset quality are important factors to watch. ...Less

Cipla's Q3 revenue for the quarter grew 13.7% YoY to Rs 6,604 crore, compared to Rs 5,810 crore in the sa ...More

Cipla's Q3 revenue for the quarter grew 13.7% YoY to Rs 6,604 crore, compared to Rs 5,810 crore in the same quarter last year. However, the drugmaker saw a marginal decline from the previous quarter's revenue of Rs 6,678 crore. Meanwhile, its EBITDA surged 24.2% YoY to Rs 1,748 crore in the December quarter of FY24. ...Less

Waaree Renewable Technologies Ltd (WRTL) on Monday said its consolidated Profit After Tax (PAT) more than ...More

Waaree Renewable Technologies Ltd (WRTL) on Monday said its consolidated Profit After Tax (PAT) more than doubled to Rs 64.46 crore in the December quarter, aided by higher revenues. ...Less

Transformers and Rectifiers (India) Ltd on Monday reported a rise of 11.33 per cent to Rs 15.72 crore in ...More

Transformers and Rectifiers (India) Ltd on Monday reported a rise of 11.33 per cent to Rs 15.72 crore in its consolidated net profit in the December quarter, aided by higher income. ...Less

Here's a look at the upcoming release of December quarter report cards by various companies including Axi ...More

Here's a look at the upcoming release of December quarter report cards by various companies including Axis Bank, Bajaj Auto, DLF, Tata Steel, Tech Mahindra, Adani Power, JSW Steel, SBI Life, PNB, Macrotech Developers, and YES Bank. Additionally, companies such as Colgate-Palmolive (India), Coforge, Oberoi Realty, Mangalore Refinery And Petrochemicals, Lloyds Metals & Energy, Authum Investment & Infrastructure, Sobha, Karur Vysya Bank, Zensar Technologies, Chennai Petroleum Corporation, Spandana Sphoorty Financial, Tamilnad Mercantile Bank, VST Industries, IIFL Securities, Gensol Engineering, and Oriental Hotels will also be releasing their report cards. ...Less

On Saturday, 40 companies announced their quarterly earnings including ICICI Bank, Kotak Mahindra Bank an ...More

On Saturday, 40 companies announced their quarterly earnings including ICICI Bank, Kotak Mahindra Bank and IDBI Bank. Here are highlights of these results: ...Less

In a separate statement, IREDA CMD Pradip Kumar Das said, "For investors and stakeholders, these results ...More

In a separate statement, IREDA CMD Pradip Kumar Das said, "For investors and stakeholders, these results signal the promising trajectory of IREDA's contributions to India's energy transition and environmental sustainability." ...Less

Reliance Jio Infocomm, the telecom unit under Jio Platforms Limited (JPL), reported 12.2% on-year growth ...More

Reliance Jio Infocomm, the telecom unit under Jio Platforms Limited (JPL), reported 12.2% on-year growth in net profit for the fiscal third quarter. ...Less

Revenue from operations during the third quarter rose 8% year-on-year (YoY) to Rs 16,740 crore against Rs ...More

Revenue from operations during the third quarter rose 8% year-on-year (YoY) to Rs 16,740 crore against Rs 15,521 crore in the corresponding quarter of last year. ...Less

HUL Q3 results today: Hindustan Unilever (HUL) is expected to report its Q3 earnings with muted numbers d ...More

HUL Q3 results today: Hindustan Unilever (HUL) is expected to report its Q3 earnings with muted numbers due to weak volume growth, price cuts, and rising advertising costs. Analysts predict a 6% YoY rise in net profit to Rs 2,653 crore, with a 1% growth in revenue to Rs 15,378 crore. The quarter-on-quarter (QoQ) bottomline is expected to fall 2.4%, while the topline could grow by 0.7%. HUL's performance in the October-December period was affected by uneven rainfall, a warmer winter, and subdued rural demand, resulting in a projected 2% growth in volumes. ...Less

Polycab Q3 Results: Polycab India reported a double-digit growth in profit and revenue for Q3. Consolidat ...More

Polycab Q3 Results: Polycab India reported a double-digit growth in profit and revenue for Q3. Consolidated net profit rose 15.4% YoY to Rs 413 crore, while revenue from operations grew nearly 17% YoY to Rs 4,340 crore. EBITDA increased by 13% to Rs 569.20 crore. However, the operating margin shrunk by 44 basis points to 13.12%. Shares of Polycab India were trading 0.5% down at Rs 4,417. ...Less

HUL Q3 results preview: HUL expected to report muted Q3 numbers with 6% YoY growth in net profit to Rs 2, ...More

HUL Q3 results preview: HUL expected to report muted Q3 numbers with 6% YoY growth in net profit to Rs 2,653 crore, and 1% growth in revenue to Rs 15,378 crore. Volume growth is affected by uneven rainfall and subdued rural demand. Price cuts in the soaps category are likely to weigh on topline. EBITDA is expected to rise 4% YoY to Rs 3,672 crore. Higher advertising spending and an increase in royalty payment to parent Unilever Plc will impact margins. ...Less

Tata Tech is a pure-play manufacturing-focused engineering research and development, primarily focused on ...More

Tata Tech is a pure-play manufacturing-focused engineering research and development, primarily focused on the automotive industry. The company's issue was lapped up by investors with overwhelming interest. The scrip jumped 180% on debut, ranking it among the best listings seen in the last two years. ...Less

HDFC Bank reports strong Q3 results, beating ETNow poll. Net profit rose 34% YoY to Rs 16,372.54 crore. N ...More

HDFC Bank reports strong Q3 results, beating ETNow poll. Net profit rose 34% YoY to Rs 16,372.54 crore. NII increased 24% YoY to Rs 28,471.34 crore but fell short of estimates. Provisions rose to Rs 4,217 crore. Core net interest margin at 3.4%. PPoP grew 24% YoY to Rs 23,647.30 crore. Balance sheet size for the December quarter at Rs 34.93 lakh crore. Total deposits rose 28% YoY to Rs 22.14 lakh crore. ...Less

Asian Paints Q3 result preview: Asian Paints is expected to report strong quarterly earnings with a 30% Y ...More

Asian Paints Q3 result preview: Asian Paints is expected to report strong quarterly earnings with a 30% YoY rise in net profit and a 7.5% YoY increase in revenue. The company's domestic decorative paints business is likely to see a 9% growth in volume, driven by an extended festive season and strong demand in October and November. Asian Paints will also benefit from benign input costs, leading to an expansion in operating margin. Investors will closely monitor the margin trajectory, outlook for the decorative paints business, promotional spending trend, and raw material price trend. ...Less

??Jio Financial Q3 Results: The company's consolidated revenue from operations fell nearly 32% to Rs 413. ...More

??Jio Financial Q3 Results: The company's consolidated revenue from operations fell nearly 32% to Rs 413.61 crore. For the nine months ended December 2023, the Mukesh Ambani-led company reported a profit of Rs 1,294 crore and a revenue of Rs 1,436 crore. The total tax outgo for the quarter was Rs 88 crore against Rs 86.3 crore in the preceding quarter. ...Less

Wipro Q3 Results: Wipro reported disappointing Q3 results, with a decline in net profit and revenue. The ...More

Wipro Q3 Results: Wipro reported disappointing Q3 results, with a decline in net profit and revenue. The company's consolidated net profit decreased by nearly 12% YoY to Rs 2,694 crore, while the consolidated revenue dropped 4.4% to Rs 22,205 crore. The board recommended an interim dividend of Re 1 per share. For the nine months ended December, Wipro's consolidated revenue rose by only 0.4% to Rs 67,552 crore, while the net profit declined by nearly 1% to Rs 8,211 crore. Wipro expects revenue from its IT Services business to be in the range of $2.62 billion to $2.67 billion for the quarter ending March. ...Less

Infosys Q3 Results: Infosys reports a Q3 net profit of Rs 6,106 crore, down 7% YoY. Meanwhile, its Q3 rev ...More

Infosys Q3 Results: Infosys reports a Q3 net profit of Rs 6,106 crore, down 7% YoY. Meanwhile, its Q3 revenue rose 1% to Rs 38,821 crore. The IT major revised revenue guidance for FY24 to 1.5%-2% in constant currency terms. It bagged $3.2 billion worth of large deals in Q3 and the attrition rate declined to 12.9%. ...Less

TCS Q3 Results: India’s largest software service provider reported a 2% YoY growth in consolidated net pr ...More

TCS Q3 Results: India’s largest software service provider reported a 2% YoY growth in consolidated net profit for the December quarter to Rs 11,058 crore, while the revenue increased 4% to Rs 60,583 crore. Analysts estimated a revenue of Rs 60,119 crore and a profit of Rs 11,446 crore. The board also recommended a special dividend payout of Rs 18/share and an interim dividend of Rs 9/share. ...Less

Domestic brokerage SBI Securities in its latest report has listed its top picks based on the December qua ...More

Domestic brokerage SBI Securities in its latest report has listed its top picks based on the December quarter results. ...Less

The company posted a profit of Rs 27.4 crore, repaid long-term debt, and inaugurated five new hotels. The ...More

The company posted a profit of Rs 27.4 crore, repaid long-term debt, and inaugurated five new hotels. The company said for the first nine months of this fiscal year, its total income increased by 14% year on year to Rs 436 crore. Its profit after tax amounted to Rs 50.4 crore, translating into a profit after tax margin of 12% in the first nine months of this fiscal. ...Less

Infosys will announce its October-December quarter earnings on January 11, Thursday. The company witnesse ...More

Infosys will announce its October-December quarter earnings on January 11, Thursday. The company witnessed a setback in the form of a recent termination of a $1.5 billion AI deal with an unnamed global company, which Elara said, added to the company's growth headwinds in the near term. ...Less

Insights from management commentaries provide indicators of the Indian economy's health in Oct-Dec quarte ...More

Insights from management commentaries provide indicators of the Indian economy's health in Oct-Dec quarter. IT sector revenue growth remains muted. Pharma sector sees promising PAT growth. Banking sector experiences robust credit growth. Auto sector witnesses deceleration in volume growth. FMCG sector faces slow sales growth. ...Less

The bank, which was listed on the bourses at a 4.4% discount to the IPO price of Rs 414 on February 14, s ...More

The bank, which was listed on the bourses at a 4.4% discount to the IPO price of Rs 414 on February 14, said that its total income for the quarter was 20% higher at Rs 1178 crore. ...Less

Here are six Nifty counters that saw EPS upgrades by brokerage MOSL following their Q3 results ...More

Here are six Nifty counters that saw EPS upgrades by brokerage MOSL following their Q3 results ...Less

TVS Motor Company reported a 59% increase in its consolidated net profit to Rs 479 crore for the third qu ...More

TVS Motor Company reported a 59% increase in its consolidated net profit to Rs 479 crore for the third quarter ended December 31, 2023, riding on the back of robust sales across markets. The company posted a consolidated net profit of Rs 301 crore in the October-December period of the last fiscal. ...Less

Shares of Oil India surged 10% to a 52-week high of Rs 617 on the NSE. Brokerages Morgan Stanley and Moti ...More

Shares of Oil India surged 10% to a 52-week high of Rs 617 on the NSE. Brokerages Morgan Stanley and Motilal Oswal maintained their positive stance on the company's earnings, production outlook, and hydrocarbon growth amidst a decline in net profit. ...Less

Shares of Mahindra & Mahindra (M&M) jumped over 4% on BSE after brokerages raised their target prices. Th ...More

Shares of Mahindra & Mahindra (M&M) jumped over 4% on BSE after brokerages raised their target prices. The Q3 results showed better than expected average selling prices (ASP) and volume growth of 11% YoY. The standalone profit rose 61% YoY to Rs 2,454 crore. ...Less

M&M Q3 Results: Total income from operations rose 16% YoY to Rs 25,642 crore, compared with Rs 22,113 cro ...More

M&M Q3 Results: Total income from operations rose 16% YoY to Rs 25,642 crore, compared with Rs 22,113 crore in the same period last year. M&M reported an EBITDA of Rs 3,590 crore in the third quarter, which is up 10% from Rs 3,273 crore posted in the corresponding quarter of the previous year. ...Less

Jewellery retailer Senco Gold has reported a 5.8 per cent growth in consolidated profit after tax at Rs 1 ...More

Jewellery retailer Senco Gold has reported a 5.8 per cent growth in consolidated profit after tax at Rs 109.32 crore for the quarter ended December 31, 2023. The company's profit after tax (PAT) stood at Rs 103.35 crore during the corresponding quarter of the previous fiscal, the jewellery retailer said in a regulatory filing on Tuesday. ...Less

A clutch of brokerages remains optimistic about the long-term story of Hindalco expecting the company to ...More

A clutch of brokerages remains optimistic about the long-term story of Hindalco expecting the company to benefit from Novlis capex, over time. While Jefferies, Motilal Oswal and JM Financial have reiterated their buy views, Kotak Institutional Equities has an 'Add' stance. Nuvama on the other hand has recommended a hold and cut the price target. ...Less