Q3 Results LIVE: ICICI Prudential Profit Up 19%, Shares Spike; Bank Of Maharashtra NII Grows

NDTV Profit brings you all the latest December quarter results on Tuesday.

(Image: NDTV Profit)

Today, names like ICICI Lombard, ICICI Prudential Life Insurance Co, Bank of Maharashtra, and Tata Elxsi are in focus as they share their financial performance for the December quarter.

Q3 Results LIVE: Tata Elxsi Shares Trade 2% Higher Ahead Of Results

Tata Elxsi's stock was trading 2% higher at Rs 5,804.50 apiece ahead of the company's third quarter results.

Q3 Results LIVE: Bank Of Maharashtra Profit Sees Uptick

Bank Of Maharashtra Q3 Highlights (Standalone, YoY)

  • Net profit up 26.5% at Rs 1,779 crore versus Rs 1,406 crore

  • Operating profit up 18.8% at Rs 2,736 crore versus Rs 2,303 crore

  • NII up 16.2% at Rs 3,422 crore versus Rs 2,943 crore

  • Provisions down 13.4% at Rs 728 crore versus Rs 841 crore

  • Net NPA at 0.15% versus 0.18% (QoQ)

  • Gross NPA at 1.60% versus 1.72% (QoQ)

Q3 Results LIVE: Kotak Mahindra Bank Results Expected On This Date

Kotak Mahindra Bank's board is set to meet on Jan 24 to review Q3 earnings.

Source: Exchange Filing

Q3 Results LIVE: ICICI Prudential Shares Spike

Shares of ICICI Prudential surged in trade after the company reported a 19% spike in net profit.

Q3 Results LIVE: ICICI Prudential Profit Up 19%

ICICI Prudential Q3 Highlights (Consolidated, YoY)

  • Net profit up 19% at Rs 387 crore versus Rs 325 crore

  • Net premium income down 3.7% at Rs 11,809 crore

  • 61st month persistency ratio at 58.6% versus 62.6%

  • 13th month persistency ratio at 81% versus 85.6%

  • Solvency ratio at 214.8% versus 213.2% (QoQ)

  • 61st month persistency ratio at 58.6% versus 59.5% (QoQ)

  • 13th month persistency ratio at 81% versus 81.4% (QoQ)

Q3 Results LIVE: TCS Takes Rs 2,100 Crore Hit Due To Newly-Implemented Labour Codes

Tata Consultancy Services Ltd. has reported a Rs 2,128 crore impact in the December quarter of the financial year ending March 2026, due to the newly-introduced Indian Labour Codes, the company confirmed in an exchange filing.

This is in line with a Jefferies estimate, which claimed the new Labour Codes will have a minimum 10-20% hit on the net profit of Indian IT companies.

A Rs 2,128-crore hit taken from statutory Labour Codes, therefore, accounts for an impact of nearly 20% of TCS' Q3 profit, which stood at Rs 10,657 crore.

Q3 Results LIVE: Avenue Supermarts Rides Margin Tailwind

Goldman Sachs flagged the margin spike as largely one-off, attributing it to trade discounts from FMCG companies clearing pre-GST channel inventory. As a result, it does not see the gross margin expansion as sustainable.

Q3 Results LIVE: ICICI Prudential Shares Pare Day's Lows

ICICI Prudential's share price pared Tuesday's trading session's lows, and is currently trading 0.11% higher.

Q3 Results LIVE: ICICI Lombard Expects Pickup In Growth

Operational efficiency may also show improvement, with the combined ratio declining sequentially by 89 basis points to 104.3%. This trend suggests better cost management and risk control, although the ratio remains slightly elevated.

Growth is expected to pick up due to improvement in health segment post GST exemption on retail health policies and uptick in motor sales.

Q3 Results LIVE: Bank Of Maharashtra Shares Rise

Shares of Bank of Maharashtra advanced over 2% in intraday trade on Tuesday, ahead of their Q3 results.

Q3 Results LIVE: Tata Elxsi Earnings Estimates

Tata Elxsi is projected to report a 3.5% sequential rise in revenue from operations at Rs 950 crore, as per consensus estimate compiled by Bloomberg.

Net profit may rise to Rs 174 crore from Rs 155 crore in the previous quarter.

Operational income, denoted under earnings before interest and tax, is expected to rise 10% to Rs 187 crore from Rs 170 crore. EBIT margin will expand to 19.7% from 18.5%.

Q3 Results LIVE: ICICI Lombard's Earnings Estimate

The ICICI Group insurance company's net profit is expected to rise by 10% year-on-year to Rs 800 crore, but decline 2.6% quarter‑on‑quarter, as per consensus estimate compiled by NDTV Profit.

New Business Premium (NBP) is expected to rise to Rs 5,791 crore, reflecting a robust 15% year‑on‑year increase and a modest 2% growth sequentially. The company continues to maintain double‑digit momentum in new business generation, signaling sustained demand and stable underwriting activity.

Q3 Results LIVE: ICICI Lombard, ICICI Prudential, Tata Elxsi In Focus

Hello, and welcome to NDTV Profit's coverage of the December quarterly reports released by India Inc.

Today, names like ICICI Lombard, ICICI Prudential Life Insurance Co, Bank of Maharashtra, and Tata Elxsi are in focus as they share their financial performance for the quarter in question.

Stay tuned to NDTV Profit for all the live updates!

Watch LIVE TV, Get Stock Market Updates, Top Business, IPO and Latest News on NDTV Profit. Feel free to Add NDTV Profit as trusted source on Google.
WRITTEN BY
Divya Prata
Divya Prata is a desk writer at NDTV Profit, covering business and market n... more
Khushi Maheshwari
Khushi hails from Aligarh and is a desk writer at NDTV Profit. She likes to... more
GET REGULAR UPDATES
Add us to your Preferences
Set as your preferred source on Google