Q3 Results Updates: BPCL Profit Nearly Doubles; Hindustan Unilever Profit Rises 19%

HDFC Bank, Bharat Petroleum Corp. Ltd., Hindustan Unilever, Polycab are among the companies to announce their third quarter results on Wednesday. Find all the latest earnings updates here.

HDFC Bank, Bharat Petroleum Corp. Ltd., Hindustan Unilever, Polycab are among the companies to announce their third quarter results on Wednesday. (Photo source: NDTV Profit)

HDFC Bank, Bharat Petroleum Corp. Ltd., Hindustan Unilever, Polycab are among the companies to announce their third quarter results on Wednesday. Find all the latest earnings updates here.
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Q3 Earnings Live: Laxmi Organic Sees 8% Uptick In Profit

Laxmi Organic Industries Q3 Highlights (Consolidated, YoY)

  • Net profit up 8.1% at Rs 29.3 crore versus Rs 27.1 crore.

  • Revenue up 13.3% at Rs 786 crore versus Rs 694 crore.

  • Ebitda up 42.9% at Rs 74.6 crore versus Rs 52.2 crore.

  • Ebitda margin at 9.5% versus 7.5%.

Q3 Earnings Live: Ujaas Energy Profit Falls Multifold

Ujaas Energy Q3 Highlights (Consolidated, YoY)

  • Net profit down 91.4% at Rs 3.9 crore versus Rs 45.5 crore.

  • Revenue up 39.7% at Rs 8.2 crore versus Rs 5.8 crore.

  • Ebitda at Rs 3.4 crore versus a loss of Rs 0.8 crore.

  • Margin at 41.5%.

Q3 Results Live: Cigniti Tech Profit Climbs 20%

Cigniti Technologies Q3 Highlights (Consolidated, QoQ)

  • Net profit up 20.2% at Rs 63.6 crore versus Rs 52.9 crore.

  • Revenue up 3.5% at Rs 516 crore versus Rs 499 crore.

  • Ebit up 37.9% at Rs 77 crore versus Rs 55.8 crore.

  • Margin at 14.9% versus 11.2%.

Q3 Results Live: Go Digit Posts Profit Of Rs 118 Crore

Go Digit General Insurance Co Q3 Highlights (YoY)

  • Total income up 7.1% at Rs 2,372 crore versus Rs 2,214 crore.

  • Net profit at Rs 118 crore versus Rs 42.9 crore.

Q3 Results Live: Pidilite Industries Profit Rises 8%

Pidilite Industries Q3 Highlights (Consolidated, YoY)

  • Revenue up 7.6% at Rs 3,369 crore versus Rs 3,130 crore.

  • Ebitda up 7.5% at Rs 798 crore versus Rs 742 crore.

  • Ebitda margin at 23.7% versus 23.72%.

  • Net profit up 8.2% at Rs 552 crore versus Rs 510 crore.

HUL Q3 Results Live: Underlying Volume Growth Flat

The management mentioned that the company will continue to take price hikes if and when required. They added that the underlying volume growth was flat.

They mentioned that the sale of Pureit is now complete, and the company continued to gain market share.

Source: Investor Presentation

HDFC Q3 Earnings Live: Credit Parameters Remain Stable

NIMs remain range bound and stable, said Jagdishan. He added that they continue to add distribution with over 1000 branches in 12 months, and that credit parameters have remained stable.

He mentioned how they are robustly positioned as a bank, and possess sufficient liquidity and capital to grow and capture market share.

Source: Earnings Con Call

HDFC Q3 Earnings Live: Challenging Macro Environment

We are in the midst of a challenging macro environment, said Sashidhar Jagdishan, MD & CEO, explaining that the moderating urban demand, tepid capex, rupee volatility, capital outflows are all factors.

Seeing some rural demand pickup, government spending pick up, strength in exports and gradual drop in inflation, he added.

Source: Earnings Con Call

HUL Q3 Results Live: Beauty & Wellbeing Segment Witnessed 1% Growth

Hair care delivered mid-single digit competitive volume growth driven by strong growth in Dove, Tresemme and Clinic Plus.

Skin care, impacted by delayed winter and colour cosmetics had a muted quarter. Sequential improvement in mass skin performance was supported by portfolio expansion. Non-winter skin portfolio delivered a mid-single digit growth.

Source: Investor Presentation

HUL Q3 Results Live: Rural Growth Consistent, Urban Muted

Rural growth is gradual but consistent, said management, while urban growth is muted. This is expected to reverse starting in a quarter or two, they added.

They further mentioned taking 4-5% price hikes in soaps and tea, and said that they expect a low single-digit price growth in the near term.

Source: Investor Presentation

HDFC Q3 Results Live: Attention On IT, Mortgages, Auto Loans

The bank is quite focused on IT spending now as compared to three years ago, said Vaidyanathan, adding that mortgages and auto loans also have their attention and investment.

The bank may fall short of PSL norms by 1% or so in FY25, and the market for credit cards is still at a nascent stage, he further mentioned.

Source: Earnings Con Call

HUDCO Q3 Results Live: To Raise $400 Million Via Japanese Yen

NPAs include Rs 2,200 crore worth of projects in NCLT and DRTs, with a majority of NCLT projects in power sector, said Kulshreshtha, and that two to three projects are likely to be resolved in next quarter.

The company looks to raise $400 million via Japanese Yen in the next quarter, and an interest rate of 6-6.1%, he added.

The company raised $540 million in Japanese Yen in two tranches between April-September.

Source: Press Conference

HDFC Q3 Results Live: Repositioning Balance Sheet

We don’t want to compete with PSU banks in mortgage segment, and are quite happy to be lower than industry levels in credit growth, said the CFO. He added that the bank wants to reposition their balance sheet.

Source: Earnings Con Call

HUDCO Q3 Results Live: Loan Book Up 40% YoY

The company's financial ratios are continuously improving, and NPAs dropped to 0.27% year-on-year from 0.44%, said CMD Sanjay Kulshreshtha.

He added that the loan book rose 40% YoY to Rs 1.18 lakh crore in Q3, and that the company plans to take the loan book to Rs 1.5 lakh crore in fiscal 2026.

Source: Press Conference

Q3 Results Live: Gravita Posts Rs 78 Crore Profit

Gravita India Q3 Highlights (Cons, YoY)

  • Net profit up 29.3% at Rs 77.9 crore versus Rs 60.3 crore.

  • Revenue up 31.5% at Rs 996 crore versus Rs 757 crore.

  • Ebitda up 0.48% at Rs 80.7 crore versus Rs 80.3 crore.

  • Margin at 8.1% versus 10.6%.

HDFC Q3 Results Live: Loan Growth At Par With Peers

Loan growth to be at par with industry in FY26, and higher in FY27, said the CFO. Deposit growth will be faster than credit growth in FY26, and there will be no calibration in deposit growth, he added.

Source: Earnings Con Call

HUL Q3 Results Live: Kwality Walls To Be Listed By 2026 March Quarter

The company expects to complete all approvals and get Kwality Walls listed by March quarter of 2026.

Source: Press Conference

HDFC Q3 Results Live: CD Ratio At 98%

The current CD ratio is at 98%, and the bank is endeavoring to get it down to pre-merger levels of below 90%, said Vaidyanathan, adding that the lender would require a few years to restore levels.

Source: Earnings Con Call

Q3 Results Live: Accelya Solutions Profit Rises

Accelya Solutions India Q3 Highlights (YoY)

  • Revenue up 6.8% at Rs 133 crore versus Rs 125 crore.

  • Ebitda up 6.6% at Rs 48 crore versus Rs 45 crore.

  • Margin at 36.2% versus 36.3%.

  • Net profit up 4.6% at Rs 32.4 crore versus Rs 31 crore.

Q3 Results Live: Bharat Petroleum Profit Skyrockets

BPCL Q3 Highlights (Standalone, QoQ)

  • Revenue up 10.1% at Rs 1.13 lakh crore versus Rs 1.02 lakh crore.

  • Ebitda up 68% at Rs 7,580.42 crore versus Rs 4,512.15 crore.

  • Net profit up 94% at Rs 4,649.20 crore versus Rs 2,397.23 crore.

  • Margin at 6.7% versus 4.4%.

HDFC Q3 Earnings Live: HDB Financial Services IPO 

Vaidyanathan said that they can't provide a date for the launch of HDB Financial Services' initial public offering.

Source: Earnings Con Call

HDFC Q3 Earnings Live: Slippage Levels Stable

At an aggregate level, slippage levels are pretty stable, said the CFO. Retail wholesale mix is 58:42 now, with the inclination leaning towards retail, and while spreads in wholesale loans are tight, the lender's book is growing, he added.

Source: Earnings Con Call

HDFC Q3 Live: Cost To Assets One Of The Best In Country

Our cost to assets at 1.93% is one of the best in industry, said the CFO, adding that the bank has no particular target for branches, customer acquisition as of now. There have been no blips in credit cards and unsecured loans portfolio, he mentioned.

Source: Earnings Con Call

Q3 Results Live: Zensar Tech Posts Rs 160 Crore Profit

Zensar Technologies Q3 Highlights (Consolidated, QoQ)

  • Revenue up 1.3% at Rs 1,326 crore versus Rs 1,308 crore.

  • Ebit up 7% at Rs 183 crore versus Rs 171 crore.

  • Net profit up 2.6% at Rs 160 crore versus Rs 156 crore.

  • Margin at 13.8% versus 13.1%.

HDFC Q3 Live: Margins Stable Versus Peers

Margins have been fairly stable as compared to peers, said Vaidyanathan, adding that the lender will have to wait to see customer preference bias.

Source: Earnings Con Call

HDFC Q3 Live: Attempting To Bring Down CD Ratio, Says CFO

HDFC Q3 Earnings Live: Underlying Consumption Growth Remains Health

The bank's underlying consumption growth remains healthy, said CFO Srinivasan Vaidyanathan. We expect inflation to come down below 5% by March, he said, adding that they need to watch out for external challenges and private capex.

Source: Earnings Con Call

BPCL Q3 Results Live: Key Highlights

  • Ebitda was lower than street expectations owing to marginally weaker gross refining margins while the marketing segment was in-line with estimates.

  • Average GRM for the quarter was at $5.57 per barrel versus $4.41 per barrel QoQ.

  • LPG under recovery for the quarter stood at Rs 3,100 crore, while for FY25 the number stood at Rs 7,230 crore.

  • Refinery throughput in Q3 was at 9.54 MMT versus 10.28 QoQ. Lower refinery throughput was owing to planned maintenance which led to shutdown.

  • Debt-to-equity ratio fell to 0.24x vs 0.28x QoQ. This implies that the gross debt must have come down sequentially to Rs 19,620 crore from Rs 21,530 crore.

HUL Q3 Earnings Live: One Time Gain

The consumer goods giant saw a one time gain of Rs 507 crore in the quarter ended December.

HUL Q3 Earnings Live: Kwality Walls, Magnum And Cornetto Set For Listing

HUL's ice cream business undertaking operates brands such as Kwality Wall’s, Cornetto and Magnum.

The board had earlier granted an in-principle approval for the same — a move it said was aimed at maximising value for shareholders and enhancing operational focus.

HUL Q3 Earnings Live: HUL-Ice Cream Business Stake

Shareholders of the FMCG company will get an equity share of the ice cream business for each share held in the parent.

HUL Q3 Earnings Live: Revenue From Home Care Segment Grows 

Hindustan Unilever Q3 Highlights (Consolidated, YoY)

  • Home care revenue up 5.4% At Rs 5,739 crore versus Rs 5,444 crore.

  • Exceptional items at Rs 507 crore versus loss of Rs 30 crore.

HUL Q3 Earnings Live: On Minimalist Acquistion

The remaining 9.5% stake will be acquired from the founders in two years. The current team led by Mohit and Rahul will continue to run the business for a period of two years, said Hindustan Unilever.

HUL and the Minimalist team will partner to unlock value through synergies and complementary capabilities, they added. The transaction is expected to close in the June quarter.

Source: Investor Presentation

HUL Q3 Earnings Live: To Acquire Minimalist

The company is set to acquire 90.5% stake in Minimalist through secondary buyouts at a pre-money enterprise value of Rs 2,955 crore and primary infusion.

Source: Investor Presentation

HUL Q3 Earnings Live: Co Approves Ice Cream Business Demerger

Q3 Earnings Live: HUL Profit Beats Street Expectations

Hindustan Unilever Ltd.'s third-quarter profit rose 19.2% year-on-year, beating analysts' estimates.

The consolidated net profit of India's largest consumer goods maker rose to Rs 2,989 crore in the quarter-ended December, according to an exchange filing. That compares with the Rs 2,659-crore consensus estimate of analysts tracked by Bloomberg.

HUL Q3 Results Live: Net Profit Up 19%

Hindustan Unilever Q3 Highlights (Consolidated, YoY)

  • Revenue up 1.6% at Rs 15,818 crore versus Rs 15,567 crore.

  • Ebitda up 0.8% at Rs 3,695 crore versus Rs 3,666 crore.

  • Net profit up 18.9% at Rs 2,984 crore versus Rs 2,509 crore.

  • Margin at 23.4% versus 23.5%.

Q3 Results Live: Persistent Systems Profit Grows 15%

Persistent Systems Q3 Highlights (Consolidated, QoQ)

  • Revenue up 5.7% at Rs 3,062.20 crore versus Rs 2,897.20 crore.

  • Ebit up 12% at Rs 372.90 crore versus Rs 324.90 crore.

  • Net profit up 15% at Rs 372.90 crore versus Rs 324.90 crore.

  • Margin at 14.9% versus 14%.

Q3 Results Live: HDFC Bank's Financial Performance

Dive deeper into the financial performance of India's largest private sector bank in the quarter under question here.

Q3 Live: Heritage Foods Revenue Up 9.9%

Heritage Foods Q3 Highlights (Consolidated, YoY)

  • Net profit up 59.3% at Rs 43 crore versus Rs 23 crore.

  • Revenue up 9.9% at Rs 1,034 crore versus Rs 941 crore.

  • Ebitda up 42.4% at Rs 73.9 crore versus Rs 51.9 crore.

  • Ebitda margin at 7.1% vs 5.5%.

Q3 Results Live: HUDCO Revenue Grows 37%

HUDCO Q3 Highlights (Consolidated, YoY)

  • Net Profit up 41.6% at Rs 735 crore

  • Revenue up 37% at Rs 2,760

  • Ebitda up 34.1% at Rs 925 crore vs Rs 690 crore

  • Margin At 33.5% Vs 34.3%

Q3 Earnings: RattanIndia Power Turns Profitable

RattanIndia Power Q3 Highlights (Consolidated, YoY)

  • Net profit at Rs 4.33 crore vs loss of Rs 587 crore

  • Revenue down 9.1% at Rs 733 crore vs Rs 806 crore

  • Ebitda at 47.4% at Rs 90.3 crore vs Rs 172 crore

  • Margin at 12.3% vs 21.3%

Q3 Earnings: Tata Communications Net Profit At Rs 236 Crore

Tata Communications Q3 Highlights (Consolidated, YoY)

  • Revenue up 3.8% at Rs 5,798 crore versus Rs 5,588 crore.

  • Ebitda up 2.4% at Rs 1,181 crore versus Rs 1,153 crore.

  • Net profit at Rs 236 crore versus Rs 45.1 crore.

  • Margin at 20.4% versus 20.6%.

Q3 Results Live: HDFC Bank Share Price Recovers After Results

Fall in provisions helped HDFC Bank Ltd. report a 2.2% year-on-year rise in profit for the December quarter to Rs 16,736 crore. The bank's bottom line met analysts' expectations of Rs 16,596 crore polled by Bloomberg.

Q3 Live Update: HDFC Bank Net Profit Up 2.2% YoY To Rs 16,736 Crore

HDFC Bank Q3 Highlights (YoY)

  • Net profit at Rs 16,736, up 2.2%.

  • Net interest income at Rs 30,650 crore, up 7.7%.

Also Read: HDFC Bank Q3 Updates: Total Advances Up 3%, Deposits Grow Nearly 16%

Q3 Earnings Live: Nuvoco Vistas Reports Net Loss

Nuvoco Vistas Q3 Highlights (YoY)

  • Revenue down 0.5% at Rs 2,409 crore vs Rs 2,421 crore

  • Net loss of Rs 61.4 crore vs profit of Rs 31 crore

  • Ebitda down 37.1% at Rs 258 crore vs Rs 410 crore

  • Margin at 10.7% vs 16.9%

Q3 Live Updates: Tips Music Net Profit Up Nearly 28%

  • Net Profit up 27.6% at Rs 44.2 crore

  • Revenue up 19.8% at Rs 77.6 crore

  • Ebitda up 27.9% at Rs 56 crore

  • Margin at 72.4% Vs 67.8%

Q3 Live Updates: NIIT Learning Net Profit Up 8.6% YoY

NIIT Q3 Highlights (Consolidated, YoY)

  • Net profit up 8.6% at Rs 61.7 crore

  • Revenue up 7% at Rs 419 crore

  • Ebitda margin at 21.9% vs 23.1%

Q3 Results Live: Polycab Net Profit At Rs 458 Crore

Polycab Q3 Results (Consolidated, YoY)

  • Net Profit up 10.9% at Rs 458 crore vs Rs 413 crore

  • Revenue up 20.4% at Rs 5,226 crore vs Rs 4,340 crore

  • Ebitda up 26.6% at Rs 720 crore vs Rs 569 crore

  • Margin at 13.8% Vs 13.1%

JSW Steel Q3 Results: Date, Time, Earnings Schedule And More Key Details

Steel major JSW Steel Ltd. has confirmed the date for declaring its financial results for the October-December 2024 quarter. The company announced that its Q3 results will be declared this week. 

India's second largest steel company JSW Steel has a market cap of over Rs 2.25 lakh crore. JSW Steel, the flagship steel business of the JSW Group, has a manufacturing capacity of 35.7 MTPA in India and the US. The company's Vijayanagar manufacturing unit is the largest steel-producing facility at a single location in India.

Here is everything you need to know about JSW Steel Q3 Results

Q3 Live Updates: Vardhman Textiles Share Price Movement

Q3 Live Updates: Elecon Engineering Share Price Down

Q3 Live Updates: Vardhman Textiles Net Profit Up

Vardhaman Textiles Q3FY25 (Consolidated, YoY)

  • Revenue up 5.8% at Rs 2,465 crore versus Rs 2,330 crore

  • Net profit up 31% at Rs 212 crore versus Rs 162 crore

  • Ebitda up 27.7% at Rs 312 crore versus Rs 245 crore

  • Margin at 12.7% versus 10.5%

Q3 Live Updates: Elecon Engineering Net Profit Up

Elecon Engineering Q3FY25 (Consolidated, YoY)

  • Revenue up 11.7% at Rs 529 crore versus Rs 474 crore

  • Net profit up 19% at Rs 107.5 crore versus Rs 90.4 crore

  • Ebitda up 18.4% at Rs 142.5 crore versus Rs 120 crore

  • Margin at 27% versus 25.4%

Q3 Live Updates: Hindustan Unilever Earnings Preview

Hindustan Unilever Ltd. is expected to report single-digit growth in third-quarter earnings amid higher operational costs and sluggish demand.

The Surf Excel maker's revenue is expected to grow 3.3% year-on-year, according to a consensus estimate of analysts tracked by Bloomberg. It would be a price-led growth as the company took price hikes in tea and soaps.

HUL is expected to have taken a price hike of approximately 2–3% in the December quarter, following a period of stable prices in the second quarter.

Analysts expect revenue growth to be impacted due to continued subdued demand in urban markets owing to factors like food inflation, lower wage growth and deterioration in savings. However, rural markets are expected to gradually recover, with rural growth outpacing that of urban markets.

Also Read: HUL Q3 Results Preview: Revenue To Grow 3% Aided By Price Hikes

Q3 Live Updates: BPCL Share Price Down Ahead Of Results

Bharat Petroleum Corp.'s share price declined before the company released its results for third quarter later in the day. The company will likely report Rs 5,265-crore net profit for the period, according to Bloomberg consensus estimates.

It is expected to report Rs 1.07 lakh crore revenue for the October-December period. Its operating profit or Ebitda will likely have grown to Rs 8,000 crore.

The stock was down over 1% at noon.

Read full story here.

Q3 Live Updates: HUL Shares Snap Two-Day Fall Ahead Of Earnings

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

Coforge, HPCL, United Spirits Among Stocks To Outperform Despite Q3 Results Misses, Says Jefferies

With more and more Indian corporates posting lower-than-expected numbers in the December quarter, Jefferies sees companies across sectors outperforming on their result day despite weak earnings. The brokerage believes the earnings miss has already been factored in these stocks.

Read here.

Q3 Live: HDFC, BPCL, HUL, Polycab Among Cos To Announce Earnings

HDFC Bank, Bharat Petroleum Corp. Ltd., Hindustan Unilever, Polycab are among the companies to announce their third quarter results on Wednesday.

Here are analysts' expectations.

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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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