Q3 Results Updates: Indus Towers Profit Surges 159%; United Spirits Profit Falls 4%

Dr Reddy's Labs, Adani Green, Indus Towers, and HPCL are some of the companies that will announce their third quarter results on Thursday. Find all the latest updates here.

Dr Reddy's Labs, Adani Green, Indus Towers, and HPCL are some of the companies that will announce their third quarter results on Thursday. (Photo source: NDTV Profit)

Dr. Reddy's Labs, Adani Green Energy Ltd., Indus Towers Ltd., and Hindustan Petroleum Corp. are some of the companies that will announce their third quarter results on Thursday. Here's is a look at the consensus estimates of firms announcing their Q3 results.
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NTPC Green Energy Q3 Results: Date, Earnings Schedule, Share Price History And More

In a stock exchange filing on Jan. 21, NTPC Green Energy said that its board of directors will meet to approve and declare the Q3 results of the company on Saturday, Jan. 25.

"It is hereby intimated that a Meeting of the Board of Directors of the Company is scheduled to be held at New Delhi on Saturday, 25th January 2025 to, inter-alia, consider, approve and take on record the Un-audited Financial Results of the Company for the quarter and nine months ended on 31st December 2024 after these results are reviewed by the Audit Committee of the Board," the company said.

United Spirits Q3 Earnings Live: Exceptional Items Worth Rs 65 Crore

Profits of the company are impacted by Rs 65 crore under exceptional items, towards severance costs relating to a closed unit.

Q3 Earnings Live: Indus Towers Profit More Than Doubles

Indus Towers Q3 Highlights (Consolidated, YoY)

  • Revenue up 4.83% to Rs 7,547 crore versus Rs 7,199 crore.

  • Ebitda up 93.1% at Rs 6,997 crore versus Rs 3,622 crore.

  • Net profit at Rs 4,003 crore versus Rs 1,540 crore.

Ebitda includes Rs 2,825 crore as allowances for doubtful receivables.

Q3 Earnings Live: United Spirits Profit Falls 4%

United Spirits Q3 Highlights (Consolidated, YoY)

  • Revenue up 11.1% to Rs 3,433 crore versus Rs 3,002 crore.

  • Ebitda up 17% to Rs 568 crore versus Rs 486 crore.

  • Net profit down 4% to Rs 335 crore versus Rs 350 crore.

  • Margin at 16.5% versus 16.2%.

Kfin Tech Q3 Earnings Live: AAUM Growth At 43%

Overall average assets under management growth stood at 42.8% year-on-year as compared to 39.4% for the industry, while market share was at 32.6%.

Source: Press Release

IndiGo Q3 Earnings Live: Date, Time, Earnings Call Details, And More

IndiGo said in a press release that the company will declare its Q3 results on Friday, Jan. 24, after its board of directors meets to approve the financial statement for the quarter and nine months  that ended on Dec. 31, 2024

"This is to inform you that a meeting of the Board of Directors is scheduled to be held on Friday, January 24, 2025, inter-alia, to consider and approve the unaudited (standalone & consolidated) Financial Results of the Company for the quarter and nine months ended December 31, 2024," it said in an exchange filing.

Also Read: IndiGo Q3 Results: Date, Time, Earnings Call Details, Share Price History And More

Q3 Earnings Live: Mphasis Profit Rises Marginally

Mphasis Q3 Highlights (Consolidated, QoQ)

  • Revenue up 0.7% at Rs 3,561 crore versus Rs 3,536 crore.

  • Ebit up 0.2% at Rs 546 crore versus Rs 544 crore.

  • Net profit up 1.1% at Rs 428 crore versus Rs 423 crore.

  • Margin at 15.3% versus 15.4%.

Q3 Earnings Live: Mankind Pharma Profit Falls 16%

Mankind Pharma Q3 Highlights (Consolidated, YoY)

  • Revenue up 23.9% at Rs 3,230 crore versus Rs 2,607 crore.

  • Ebitda up 36.8% at Rs 830 crore versus Rs 607 crore.

  • Net profit down 16.2% at Rs 380 crore versus Rs 454 crore.

  • Margin at 25.7% versus 23.3%.

Q3 Earnings Live: Adani Green Energy's Nine-Month Performance

For the nine months ended December, the company reported an 18% rise revenue to Rs 6,829 crore, 18% growth in Ebitda to Rs 6,366 crore, and 23% rise in cash profit to Rs 3,630 crore.

Q3 Earnings Live: Adani Green Profit Rises 85%

Adani Green Energy Q3 Highlights (Consolidated, YoY)

  • Revenue up 2.3% at Rs 2,365 crore versus Rs 2,311 crore.

  • Net profit up 85% at Rs 474 crore versus Rs 256 crore.

Q3 Earnings Live: Dr Reddy's Laboratories Q3 Performance

The finance cost for the company increased twofold from Rs 39 crore to Rs 81 crore. The other income decreased 30%. The research and development expenses was at 8% of the revenue versus 7.7% in the year-ago period and 9.1% in the previous quarter.

For a detailed breakdown of Dr Reddy's performance in the quarter, click here.

Q3 Earnings Live: Tejas Networks Turns Profitable

Tejas Networks Q3 Highlights (Consolidated, YoY)

  • Revenue at Rs 2,642 crore versus Rs 560 crore.

  • Ebitda at Rs 371.6 crore versus a loss of Rs 7.5 crore.

  • Net profit at Rs 166 crore versus a loss of Rs 44.9 crore.

  • Margin at 14.1%.

Q3 Results Live: IEX Profit Rises 31%

Indian Energy Exchange Q3 Highlights (Consolidated, YoY)

  • Revenue up 14.5% at Rs 132 crore versus Rs 115 crore.

  • Ebitda up 14.1% at Rs 113 crore versus Rs 98.8 crore.

  • Net profit up 31.2% at Rs 107 crore versus Rs 81.8 crore.

  • Margin at 85.4% versus 85.7%.

HPCL Q3 Results Live: Average GRM At $6.01 Per Barrel

The company invested Rs 2,892 crore in the third quarter to strengthen its refining and marketing infrastructure.

The quarter's average GRM stood at at $6.01 per barrel versus $8.49 per barrel (YoY).

Q3 Results Live: Nippon Life AMC Profit Grows 4%

Nippon Life India Asset Management Q3 Highlights (Consolidated, YoY)

  • Net profit up 3.9% to Rs 295 crore versus Rs 284 crore.

  • Total income up 13.7% to Rs 603 crore versus Rs 530 crore.

Q3 Results Live: Ujjivan SFB Profit Falls 64%

Ujjivan Small Finance Bank Q3 Highlights (YoY)

  • Net profit down 63.8% to Rs 109 crore versus Rs 300 crore.

  • Gross NPA to 2.68% versus 2.52% (QoQ).

  • Net NPA at 0.56% (unchanged QoQ).

  • NII up 3% to Rs 887 crore versus Rs 860 crore.

Q3 Earnings Live: V2 Retail Profit More Than Doubles

V2 Retail Q3 Highlights (Consolidated, YoY)

  • Revenue up 58.1% to Rs 591 crore versus Rs 374 crore.

  • Ebitda up 82.9% to Rs 111 crore versus Rs 60.9 crore.

  • Ebitda margin to 18.9% versus 16.3%.

  • Net profit up 117.3% to Rs 51.2 crore versus Rs 23.6 crore.

Dr Reddy's Q3 Earnings Live: Key Highlights

The company is investing in biosimilars and GLP 1 products, and net cash stands at Rs 1,603 crore after acquisition of NRT business.

North America declined 9% quarter-on-quarter but grew 1% year-on-year.

Higher volume in US base business has been offset by price erosion, and sequential growth in the US has been impacted due to lower sales from lenalidomide (Revlimid).

Source: Press Conference

Dr Reddy's Q3 Earnings Live: R&D Expenses 8% Of Revenue

NRT integration business is progressing well, and is set to be completed in phased manner, said the management. Seven observations have been issued in the Hyderabad facility after inspection, as per management.

R&D expenses stood at 8% of revenue as compared to 7.7% last year, lower than the last quarter.

Source: Press Conference

Q3 Earnings Live: Dr Reddy's Business Up 14%

India business grew 14% year-on-year, offset by lower volumes. Revenue was inline with our guidance, said the management.

Source: Press Conference

HPCL Q3 Results Live: Profit Rises Multifold

Hindustan Petroleum Corp Q3 Highlights (Standalone, QoQ)

  • Revenue up 10.1% at Rs 1.10 lakh crore versus Rs 99,926 crore.

  • Ebitda at Rs 5,970 crore versus Rs 2,724 crore.

  • Net profit at Rs 3,023 crore versus Rs 631.2 crore.

  • Margin at 5.4% versus 2.7%.

Q3 Results Live: Kfin Tech Profit Rose 35%

Kfin Technologies Q3 Highlights (Consolidated, YoY)

  • Revenue up 32.6% at Rs 290 crore versus Rs 219 crore.

  • Ebitda up 33.2% at Rs 131 crore versus Rs 98 crore.

  • Margin at 45% versus 44.8%.

  • Net profit up 34.9% at Rs 90.1 crore versus Rs 66.8 crore.

Q3 Results Live: Dr Reddy's Posts Rs 1,414 Profit

Dr Reddy's Laboratories Q3 Highlights (Consolidated, YoY)

  • Revenue up 15.8% to Rs 8,381.20 crore versus Rs 7,236.80 crore.

  • Ebitda up 12% to Rs 2,273 crore versus Rs 2,023.10 crore.

  • Net profit up 2% to Rs 1,413.70 crore versus Rs 1,380.90 crore.

  • Margin at 27.1% versus 28%.

UltraTech Cement Q3 Results Live: Operating Costs For India Cements Down

The company stated that operating costs are falling for India Cements, and that prices in the South are expected to rise once demand improves.

Source: Earnings Con Call

UltraTech Cement Q3 Results Live: Cement Demand Recovered In December

Petcoke accounted for 58% of Q3 fuel costs, said the management. The company plans to have 511 MW of waste heat recovery systems by FY27.

They added that cement demand recovered in December after being down in October and November.

Source: Earnings Con Call

Q3 Results Live: Amber Enterprises Turns Profitable

Amber Enterprises Q3 Highlights (Consolidated, YoY)

  • Revenue up 64.8% at Rs 2,133 crore versus Rs 1,295 crore.

  • Ebitda at Rs 158.7 crore versus Rs 78.5 crore.

  • Net profit at Rs 35.9 crore versus a loss of Rs 48 lakh.

  • Margin at 7.4% versus 6.1%.

Q3 Results Live: Thyrocare Tech Profit Up 24%

Thyrocare Technologies Q3 Highlights (Consolidated, YoY)

  • Revenue up 23.16% at Rs 166 crore versus Rs 135 crore.

  • Ebitda up 32.3% at Rs 41.8 crore versus Rs 31.6 crore.

  • Net profit up 24% at Rs 19.1 crore versus Rs 15.4 crore.

  • Margin at 25.2% versus 23.4%.

Q3 Results Live: Greaves Cotton Profit Slashed One Third

Greaves Cotton Q3 Highlights (Consolidated, YoY)

  • Revenue up 13% at Rs 751 crore versus Rs 665 crore.

  • Ebitda up 12% at Rs 39.7 crore versus Rs 35.3 crore.

  • Net profit down 64% at Rs 21 crore versus Rs 58 crore.

  • Margin at 5.28% versus 5.3%.

UltraTech Cement Q3 Results Live: Capacity Utilisation Details

Kesoram Industries' capacity utilisation is at 70%, said management, and that there is opportunity to lower production costs at Kesoram Cement.

India Cements' capacity utilisation stands at at 57%, with expectations for improvement, they added.

Source: Earnings Con Call

Pidilite Q3 Results Live: Strain On Core Product Demand

Volume and value growth has converged, said the management, and rural demand is strong, they stated.

However, there is strain on core product demand, they added, and said that margins will remain within the same range in the near term.

Source: Earnings Con Call

Q3 Results Live: Spandana Sphoorty Financial Turns Lossmaking

Spandana Sphoorty Financial Q3 Highlights (YoY)

  • Total income down 14.9% at Rs 529 crore versus Rs 622 crore.

  • Net loss at Rs 394 crore versus a profit of Rs 118 crore.

Q3 Earnings Live: Cyient Profit Falls 32%

Cyient Q3 Highlights (Cons, QoQ)

  • Revenue up 4.2% at Rs 1,926 crore versus Rs 1,849 crore.

  • Ebit down 8.4% at Rs 211 crore versus Rs 231 crore.

  • Net profit down 31.7% at Rs 122 crore versus Rs 179 crore.

Q3 Earnings Live: Sona BLW Profit Up 14%

Sona BLW Precision Q3 Highlights (YoY)

  • Revenue up 11% at Rs 868 crore versus Rs 782 crore.

  • Ebitda up 0.7% at Rs 234 crore versus Rs 232 crore.

  • Net profit up 13.8% at Rs 151 crore versus Rs 133 crore.

  • Margin at 27% versus 29.7%.

Q3 Earnings Live: UltraTech Cement Shares Close Higher After Q3 Results

Shares of the cement company ended 6.67% higher at Rs 11,406.95 apiece on the National Stock Exchange, as compared to a 0.22% rise in the benchmark NSE Nifty 50.

Q3 Earnings Live: AESL's Pipeline Grows

The under-construction transmission pipeline has zoomed to Rs 54,761 crore in Q3FY25 from Rs 17,000 crore.

Source: Press Release

Adani Energy Solutions Q3 Earnings Live: 24% Growth In Total Income

Robust growth of 24% in total income of Rs 6,000 crore in Q3 is driven by the contributions from the recently commissioned MP Package-II, Kharghar-Vikhroli, Warora-Kurnool, KhavdaBhuj, Mahan-Sipat lines, higher energy sales in Mumbai and Mundra utilities.

Source: Press Release

Q3 Earnings Live: Zee Entertainment Posts Stable Viewership Growth

The television landscape was stable with 1.4% viewership growth sequentially. Zee Network's share was up 40 basis points yearly, driven by hindi movies and Marathi.

Source: Press Release

Live: Adani Energy Solutions Q3 Performance

Delve deeper into the financial performance of Adani Energy Solutions for the quarter ended December.

Q3 Earnings Live: Adani Energy Solutions Segment Wise Revenue

Adani Energy Solutions Q3 Highlights

  • Transmission revenue up 82% to Rs 2034.76 crore.

  • Distribution revenue up 16% to Rs 2972.42 crore.

Q3 Earnings Live: Syngene Profit Rises 18%

Syngene International Q3 Highlights (YoY)

  • Revenue up 10.6% at Rs 944 crore versus Rs 854 crore.

  • Ebitda up 22.5% at Rs 284 crore versus Rs 232 crore.

  • Net profit up 17.6% at Rs 131 crore versus Rs 112 crore.

  • Margin at 30.1% versus 27.1%.

Q3 Earnings Live: Zee Entertainment Share Price Rises

Q3 Earnings Live: Zee Entertainment Profit Nearly Triples

Zee Entertainment Enterprises Q3 Highlights (YoY)

  • Revenue down 3.3% at Rs 1,979 crore vs Rs 2,046 crore.

  • Ebitda up 53.4% at Rs 321 crore vs Rs 209 crore.

  • Ebitda margin at 16.2% vs 10.2%.

  • Net profit at Rs 163.6 crore vs Rs 58.5 crore.

Adani Energy Q3 Earnings Live: Key Highlights

Margins aided by higher top line growth, lower fuel costs, lower stock in trade purchases and employee benefit expenses.

Q3 Earnings Live: Adani Energy Solutions Posts Rs 563 Crore Profit

Adani Energy Solutions Q3 Highlights (YoY)

  • Revenue up 28% at Rs 5,830 crore vs Rs 4,562.7 crore.

  • Ebitda up 39% at Rs 2,125 crore vs Rs 1,527 crore.

  • Ebitda margin at 36.5% vs 33.5%.

  • Net profit up 73% at Rs 563 crore vs Rs 325 crore.

Q3 Earnings Live: Alivus Life Net Profit Up 15.33%

Alivus Life Q3 Highlights (YoY)

  • EBITDA at Rs 3.39 crore vs Ebitda Loss of 75 lakh

  • Revenue up 39.7% at Rs 8.2 crore vs Rs 5.8 crore

  • Net Profit up 15.33% at Rs 136.9 crore vs Rs 118.7 crore

Q3 Earnings Live: Jayaswal Neco Net Profit Falls 13%

  • Revenue up 6.5% at Rs 1,657 crore vs Rs 1,556 crore

  • EBITDA down 9.2% at Rs 264 crore vs Rs 290 crore

  • EBITDA margin at 15.9% vs 18.7%

  • Net profit down 13.3% at Rs 76.9 crore vs Rs 88.8 crore

Earnings Impact: UltraTech Share Price Rises After Results

Shares of UltraTech Cement Ltd. soared more than 5% after the company posted as much as 5.47% to Rs 11,278 on Thursday after the company reported robust third-quarter earnings that exceeded analysts' expectations.

Earnings Live: UltraTech Cement Q3 Results: Profit Falls 17% But Beats Estimates

UltraTech Cement Ltd.'s consolidated net profit fell in the third quarter of the current financial year but it beat analysts' estimates.

The cement manufacturer's bottom-line stood at Rs 17,193.33 crore in the quarter ended Dec. 31, 2024, compared to Rs 1,776.98 crore clocked in the year-ago period, according to an exchange filing on Thursday. Analysts tracked by Bloomberg had a consensus estimate of Rs 1,324 crore.

Also Read: UltraTech Cement Q3 Results: Profit Falls 17% But Beats Estimates

Q3 Live: Ultratech Cement Net Profit Rs 1,470 Crore

UltraTech Cement Q3 Highlights (Consolidated, YoY)

  • Net profit Rs 1,470 crore vs Rs 1,777 crore.

  • Revenue Rs 17,193 crore vs Rs 16,740 crore.

Rajaratan Global Net Profit Halves YoY

Rajaratan Global Q3 Highlights

  • Net Profit down 52.6% at Rs 9.3 crore vs 19.7 crore

  • Revenue down 6.2% at Rs 218 crore vs Rs 233 crore

  • EBITDA down 23.3% at Rs 26.3 crore vs Rs 34.2 crore

  • Margin at 12% vs 14.7%

Q3 Live Updates: Indus Towers Share Price Up Over 2% Ahead Of Earnings

Indus Towers share price snapped its two-session fall and rose ahead of Q3 results.

Q3 Results Live: Dr Reddy's Share Price Down Ahead Of Earnings

Dr Reddy's share price fell ahead of its Q3 results. Dr. Reddy's is anticipated to benefit from its strong domestic presence and the continued contribution of its gRevlimid sales, Axis Securities had said.

Q3 Results Live: Dr. Reddy's Labs, Adani Green, Indus Towers, HPCL To Announce Results

Dr. Reddy's Labs, Adani Green Energy Ltd., Indus Towers Ltd., and Hindustan Petroleum Corp. are some of the companies that will announce their third quarter results on Thursday.

Here's is a look at the consensus estimates of firms announcing their Q3 results.

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Divya Prata
Divya Prata is a desk writer at NDTV Profit, covering business and market n... more
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