Share India Securities Q3 Highlights (Standalone, QoQ):
Total income decreased 29.2% to Rs 259.36 crore from Rs 366.09 crore.
Profit fell 39% to Rs 59.98 crore from Rs 97.62 crore.
PTC India Financial Services Q3 Highlights (Cons, YoY):
Total income declined 22.6% to Rs 158 crore from Rs 204 crore.
Net profit grew 33.3% to Rs 67 crore from Rs 50 crore.
SIS Q3 Highlights (Cons, YoY):
Revenue grew 9.7% to Rs 3,363 crore from Rs 3,064 crore.
Ebitda increased 3.6% to Rs 157 crore from Rs 151 crore.
Ebitda margin stood at 4.7% compared to 4.9%.
Net profit surged 176.7% to Rs 102 crore from Rs 37 crore.
Piramal Pharma Q3 Highlights (Cons, YoY):
Revenue rose 12.5% to Rs 2,204 crore from Rs 1,959 crore.
Ebitda increased 26% to Rs 338 crore from Rs 268 crore.
Ebitda margin improved to 15.3% from 13.7%.
Net profit declined 63.6% to Rs 3.7 crore from Rs 10.1 crore.
Results includes an exceptional loss of Rs 32.2 crore.
GMR Airports Q3 Highlights (Cons, YoY):
Revenue grew 19.2% to Rs 2,653 crore from Rs 2,227 crore.
Net profit at Rs 267 crore compared to a loss of Rs 317 crore.
AMI Organics Q3 Highlights (Cons, YoY):
Revenue grew 65.2% to Rs 275 crore from Rs 166 crore.
Ebitda rose 159% to Rs 68.7 crore from Rs 26.5 crore.
Margin at 25% compared with 15.9%.
Net profit increased 168% to Rs 45 crore from Rs 16.8 crore.
IFB Industries Q3 Highlights (Cons, YoY):
Revenue increased 9.4% to Rs 1,270 crore from Rs 1,161 crore.
Ebitda rose 36.5% to Rs 89 crore compared to Rs 65 crore.
Ebitda margin improved to 7.02% from 5.6%.
Net profit surged 78.2% to Rs 31 crore from Rs 17.5 crore.
PDS Q3 Highlights (YoY):
Revenue rose 21.1% to Rs 3,125 crore from Rs 2,580 crore.
Ebitda increased 28.1% to Rs 95.6 crore compared to Rs 74.6 crore.
Ebitda margin expanded to 3.1% from 2.9%.
Net profit jumped 70.6% to Rs 24.9 crore from Rs 14.6 crore.
JM Financial Q3 Highlights (Standalone, YoY):
Net profit fell 21.5% to Rs 70.5 crore from Rs 89.8 crore.
Total income decreased 4.1% to Rs 210.82 crore compared to Rs 219.84 crore.
Home First Finance Q3 Highlights (YoY):
Net interest income increased 21.4% to Rs 163 crore compared to Rs 134 crore.
Net profit rose 24% to Rs 97.3 crore versus Rs 78.8 crore.
The board approved raising up to Rs 1,250 crore through a qualified institutional placement.
Ajay Khetan elevated to Deputy CEO position.
Star Health Q3 Highlights (YoY):
Net profit fell 25.8% to Rs 215 crore compared to Rs 290 crore.
Net premium grew 13% to Rs 3,560 crore versus Rs 3,152 crore.
Som Distilleries and Breweries Q3 Highlights (Cons, YoY)
Revenue rose 12.2% to Rs 301 crore compared to Rs 266 crore.
Ebitda increased 14% to Rs 36.3 crore versus Rs 31.8 crore.
Ebitda margin improved slightly to 12.1% from 12%.
Net profit grew 20% to Rs 21.5 crore compared to Rs 17.99 crore.
IdeaForge Q3 Highlights (Cons, YoY)
Revenue decreased 80.6% to Rs 17.6 crore versus Rs 90.8 crore.
EBITDA loss stood at Rs 17.5 crore compared to EBITDA of Rs 19.4 crore.
Net loss widened to Rs 24 crore versus a profit of Rs 14.79 crore.
e-Mudhra Q3 Highlights (Cons, QoQ)
Revenue declined 1.7% to Rs 139 crore versus Rs 141 crore.
EBIT fell 9.88% to Rs 23.7 crore versus Rs 26.3 crore.
EBIT margin contracted to 17.1% versus 18.6%.
Net profit dropped 4.6% to Rs 20.9 crore versus Rs 21.9 crore.
RR Kabel Q3 Highlights (Cons, YoY)
Revenue grew 9.1% to Rs 1,782 crore versus Rs 1,634 crore.
Ebitda rose 2% to Rs 110.54 crore versus Rs 112.55 crore.
Ebitda margin contracted to 6.2% versus 6.9%.
Net profit declined 3% to Rs 68.57 crore versus Rs 70.96 crore.
Baazar Style Q3 Highlights (Cons, YoY)
Revenue grew 23.5% to Rs 411 crore versus Rs 333 crore.
Ebitda rose 9.9% to Rs 83.3 crore versus Rs 75.8 crore.
Ebitda margin contracted to 20.2% versus 22.7%.
Net profit declined 21% to Rs 30.4 crore versus Rs 38.3 crore.
JSW Energy Q3 Highlights (Cons, YoY)
Revenue declined 4.1% to Rs 2,438 crore versus Rs 2,542 crore.
Ebitda dropped 18% to Rs 912.85 crore versus Rs 1,110.79 crore.
Ebitda margin contracted to 37.4% versus 43.7%.
Net profit fell 27% to Rs 167.83 crore versus Rs 231.33 crore.
The board also approved raising of long term funds up to Rs 3,000 crore via Non-Convertible Debentures on private placement basis.
CE Info Systems Q3 Highlights (Cons, QoQ)
Revenue grew 10.5% to Rs 114.53 crore versus Rs 103.67 crore.
EBIT increased 13% to Rs 36.19 crore versus Rs 31.89 crore.
EBIT margin expanded to 31.6% compared to 30.8%.
Net profit rose 7% to Rs 32.4 crore versus Rs 30.3 crore.
Revenue grew 32.2% to Rs 7,277 crore, surpassing the Bloomberg estimate of Rs 6,792 crore.
Ebitda rose 41% to Rs 304.24 crore, slightly above the Bloomberg estimate of Rs 302 crore.
Ebitda margin expanded to 4.2%, compared to the expected 4.4%.
Net profit surged 123% to Rs 135 crore, exceeding the Bloomberg estimate of Rs 121 crore.
Bharat Heavy Electronics Q3 Highlights (Cons, YoY)
Revenue grew 32.2% to Rs 7,277 crore versus Rs 5,504 crore.
Ebitda rose 41% to Rs 304.24 crore versus Rs 216.54 crore.
Ebitda margin expanded to 4.2% versus 3.9%.
Net profit surged 123% to Rs 135 crore versus Rs 60.3 crore.
Revenue grew 2.7% to Rs 1,758 crore, compared to the Bloomberg estimate of Rs 1,535.3 crore.
Ebitda declined 21.1% to Rs 314 crore, missing the Bloomberg estimate of Rs 410 crore.
Ebitda margin contracted to 17.9%, lower than the expected 26.7%.
Net profit dropped 20.3% to Rs 225 crore, falling short of the Bloomberg estimate of Rs 285.5 crore.
Le Travenues Q3 Highlights (Cons, YoY)
Revenue grew 41.7% to Rs 241 crore versus Rs 170 crore.
Ebitda increased 21.7% to Rs 21 crore versus Rs 17.5 crore.
Ebitda margin decreased to 8.8% versus 10.3%.
Net profit fell 48.5% to Rs 15.5 crore versus Rs 30.1 crore.
Le Travenues is the parent company of travel company Ixigo.
Mahanagar Gas Q3 Highlights (Standalone, QoQ)
Revenue grew 2.7% to Rs 1,758 crore versus Rs 1,712 crore.
Ebitda declined 21.1% to Rs 314 crore versus Rs 399 crore.
Ebitda margin contracted to 17.9% versus 23.3%.
Net profit dropped 20.3% to Rs 225 crore versus Rs 283 crore.
Mahindra & Mahindra Financial Q3 Highlights (Standalone, YoY)
Total income grew 18.7% to Rs 4,144.39 crore versus Rs 3,490.42 crore.
Net profit surged 63% to Rs 899.47 crore versus Rs 552.79 crore.
SBI Cards and Payment Services Q3 Highlights (YoY)
Total income grew 0.5% to Rs 4,767 crore versus Rs 4,742 crore.
Net profit declined 30.2% to Rs 383 crore versus Rs 549 crore.
KTM exports hit due to bankruptcy woes in Austria.
Rs 15,000 crore in the balance sheet, with Rs 3,000 crore in fresh cash flow.
Bajaj Auto invested Rs 1,600 crore in Bajaj Credit in the third quarter of fiscal 2025.
Bajaj Auto allocated Rs 450 crore towards the EV business in the December quarter.
Source: Press conference
EV business clocks profit for the first time.
Motorcycle volumes remained muted, but 125cc models continue to grow.
Electric three-wheeler volumes reached an all-time high in the December quarter, management said.
Electric two-wheeler volumes grew 2.5 times year-on-year.
Source: Press conference
Earnings powered by a rebound in exports and decisive expansion of the EV business in India, management said.
Highest ever festive-season sales recorded in October 2024, they noted.
Exports rose to more than 500,000 units for the first time in nine quarters.
Ebitda exceeded Rs 2,500 crore once again.
Source: Press conference
Bajaj Auto's revenue grew 5.7% to Rs 12,806.85 crore, in line with estimates of Rs 13,080.50 crore.
Ebitda increased 6% to Rs 2,580.73 crore, slightly below the projected Rs 2,641.5 crore.
The Ebitda margin remained steady at 20.2%, matching the expected 20.2%.
Net profit rose 3% to Rs 2,108.73 crore, slightly under the estimated Rs 2,167.13 crore.
Bajaj Auto Q3 Highlights (Standalone, YoY)
Revenue grew 5.7% to Rs 12,806.85 crore versus Rs 12,113.51 crore.
Ebitda rose 6% to Rs 2,580.73 crore versus Rs 2,429.87 crore.
Ebitda margin improved to 20.2% versus 20.1%.
Net profit increased 3% to Rs 2,108.73 crore versus Rs 2,041.88 crore.
Syrma SGS Technology Q3 Highlights (Cons, YoY)
Revenue grew 23% to Rs 869 crore versus Rs 706 crore.
Ebitda surged 100% to Rs 79 crore versus Rs 39.3 crore.
Ebitda margin expanded to 9.1% versus 5.5%.
Net profit rose 214% to Rs 48.8 crore versus Rs 15.5 crore.
Exide Industries Q3 Highlights (Standalone, YoY)
Revenue grew 0.2% to Rs 3,849 crore versus Rs 3,840 crore.
Ebitda increased 2% to Rs 449 crore versus Rs 440 crore.
Ebitda margin expanded to 11.7% versus 11.5%.
Net profit rose 2% to Rs 245 crore versus Rs 240 crore.
To further invest Rs 300 crore in arm Exide Energy Solutions.
VIP Industries Q3 Highlights (Cons, YoY)
Revenue declined 8.3% to Rs 501 crore versus Rs 546 crore.
Ebitda fell 45.2% to Rs 28.6 crore versus Rs 52.2 crore.
Ebitda margin contracted to 5.7% versus 9.6%.
Net loss stood at Rs 12.4 crore versus a profit of Rs 7.1 crore.
Motilal Oswal Financial Services Q3 Highlights (Cons, YoY)
Total income grew 11.4% to Rs 2,002 crore versus Rs 1,797 crore.
Net profit fell 14.4% to Rs 564 crore versus Rs 659 crore.
Declares interim dividend of Rs 5 per share.
UTI Asset Management Company Q3 Highlights (Cons, QoQ)
Revenue declined 22.5% to Rs 417 crore versus Rs 538 crore.
Net profit fell 37% to Rs 151 crore versus Rs 239 crore.
Bosch Q3 Highlights (Cons, YoY)
Revenue grew 6.2% to Rs 4,466 crore versus Rs 4,205 crore.
Ebitda increased 0.7% to Rs 583 crore versus Rs 578 crore.
Ebitda margin contracted to 13.04% versus 13.8%.
Net profit fell 11.6% to Rs 458 crore versus Rs 518 crore.
Tatva Chintan Pharma Chem Q3 Highlights (Cons, YoY)
Revenue grew 1.9% to Rs 86 crore versus Rs 84 crore.
Ebitda declined 36% to Rs 7 crore versus Rs 11 crore.
Ebitda margin contracted to 8.2% versus 12.9%.
Net profit fell 96.2% to Rs 13 lakh versus Rs 3.4 crore.
Suzlon Energy Ltd.'s consolidated net profit jumped 90% on an annual basis in the third quarter of the current financial year, surpassing analysts' expectations. The wind turbine manufacturer reported a profit of Rs 386 crore, according to an exchange filing on Tuesday. Analysts polled by Bloomberg had projected a profit of Rs 350 crore.
Suzlon Energy Q3 Highlights (Cons, YoY versus Bloomberg Estimates)
Revenue surged 91.2% to Rs 2,969 crore, exceeding expectations of Rs 2,855 crore.
Ebitda jumped to Rs 499 crore, surpassing the estimate of Rs 431 crore.
Ebitda margin expanded to 16.8%, ahead of the projected 15.1%.
Net profit rose 90.2% to Rs 386 crore, compared to the estimate of Rs 350 crore.
Colgate-Palmolive Q3 Highlights (Cons, YoY)
Revenue grew 4.7% to Rs 1,462 crore versus Rs 1,396 crore.
Ebitda declined 3% to Rs 454 crore versus Rs 468 crore.
Ebitda margin contracted to 31.1% versus 33.6%.
Net profit fell 2.2% to Rs 323 crore versus Rs 330 crore.
TVS Holdings Q3 Highlights (Cons, YoY)
Revenue grew 14.4% to Rs 11,458 crore versus Rs 10,014 crore.
Ebitda rose 19% to Rs 1,848 crore versus Rs 1,553 crore.
Ebitda margin improved to 16.1% versus 15.5%.
Net profit surged 72.1% to Rs 386 crore versus Rs 224 crore.
Suzlon Energy Q3 Results: Profit Nearly Doubles, Beats Estimates
Unsoo Kim, MD, Hyundai India:
Total production capacity to reach 1.1 million units as the Pune plant becomes operational.
Hyundai is prepared for fuel dynamics with flex-fuel and EV powertrains.
Dividend policy announcement expected for the fiscal ending March 2025.
Source: Press Conference
Hyundai India Q3 Results: Profit Drops 19%, Revenue Dips Amid Muted Sales
Unsoo Kim, MD, Hyundai India:
Creta Electric is Hyundai’s first localised electric car, manufactured at the Chennai facility.
Creta Electric will open new revenue and mobility streams for Hyundai India.
Three additional mass-market EVs are planned to complement the Creta Electric.
Hyundai’s alliance with Exide is key to localising EV battery packs and cell manufacturing.
Source: Press Conference
Cipla to exceed the Ebitda margins guidance of 24.5% - 25.5% for financial year 2025.
Source: Press Conference
JSW Infrastructure Q3 Highlight (Cons, YoY)
Revenue up 26% to Rs 1,182 crore versus Rs 940 crore.
Ebitda up 22% to Rs 586 crore versus Rs 480 crore.
Ebitda margin at 49.6% versus 51%.
Net profit up 32% to Rs 330 crore versus Rs 251 crore.
Hyundai Motor Q3 Highlight
Favourable product mix helped sustain revenue despite higher discounts.
Impact on margins due to subdued demand and geopolitical challenges.
Cost efficiencies helped minimise impact of macro challenges on margins.
Source: Press Conference
Hyundai Motor Q3 Highlight
Exports impacted due to Red Sea crisis and geopolitical reasons.
SUVs now account for 69% of domestic sales, hatchback down to 20%.
CNG penetration highest ever at 15% of domestic volumes.
Source: Press Conference
Apcotex Industries Q3 Highlight (Cons, YoY)
Revenue up 38.2% to Rs 355 crore versus Rs 257 crore.
Net Profit rises 3.8% to Rs 11.6 crore versus Rs 11.1 crore.
Ebitda up 6.2% to Rs 27 crore versus Rs 25.5 crore.
Margin at 7.6% versus 9.9%.
Nucleus Software Q3 Highlight (Cons, QoQ)
Revenue rises 1.7% to Rs 206 crore versus Rs 202 crore.
Net Profit rises 5.8% to Rs 35 crore versus Rs 33.1 crore.
EBIT up 5.1% to Rs 29.6 crore versus Rs 28.2 crore.
Margin at 14.4% versus 13.9%.
Mined metal production down 2% YoY at 265000 MT.
Refined metal production flat at 259000 MT.
Zinc production flat at 204000 MT, lead production down 2% YoY at 55000 MT.
Silver production down 18% YoY.
Record nine months Mined metal production at 784 kt.
Zinc cost of production down 5% to $1041/MT.
Cost of production is the lowest in last 15 quarters.
Lloyds Metals Q3 Highlight (Cons, YoY)
Revenue down 12.4% to Rs 1,675 crore versus Rs 1,912 crore.
Net Profit rises 17.4% to Rs 389 crore versus Rs 332 crore.
Ebitda up 19.3% to Rs 536 crore versus Rs 449 crore.
Margin at 32% versus 23.5%.
Hyundai India Q3 Results: Profit Drops 19%, Misses Estimates
CG Power Q3 Results: Profit Falls 68% But Meets Estimates
V-Guard Industries Q3 Highlight (Cons, YoY)
Net Profit up 3.4% to Rs 60.2 crore versus Rs 58.2 crore.
Revenue rose 8.9% to Rs 1,269 crore versus Rs 1165 crore.
Ebitda rises 2.5% to Rs 104 crore versus Rs 101 crore.
Margin at 8.2% versus 8.7%.
Great Eastern Shipping Q3 Highlight (Cons, YoY)
Net Profit up 10.3% to Rs 594 crore versus Rs 538 crore.
Revenue fell 0.7% to Rs 1,237 crore versus Rs 1,245 crore.
Ebitda falls 17.9% to Rs 528 crore versus Rs 642 crore.
Margin at 42.7% versus 51.6%.
CSB Bank Q3 Highlight (Cons, YoY)
Revenue up 10.2% to Rs 340 crore versus Rs 309 crore.
Net Profit up 1% to Rs 152 crore versus Rs 150 crore.
Gross NPA 1.58% versus 1.68% (QoQ)
Net NPA at 0.64% versus 0.69% (QoQ)
NII down 2% to Rs 375.5 Cr versus Rs 382.7 crore.
Kirloskar Pneumatic Q3 Highlight (Cons, YoY)
Revenue up 10.2% to Rs 340 crore versus Rs 309 crore.
Net Profit up 3% to Rs 39 crore versus Rs 34.9 crore.
Ebitda down 7.7% to Rs 48.6 crore versus Rs 52.6 crore.
Margin at 14.3% versus 17.1%.
Board approves interim dividend of Rs 3.5 per share.
Jubilant Ingrevia Q3 Highlight (Cons, YoY)
Revenue rises 9.4% to Rs 1,057 crore versus Rs 966 crore.
Ebitda rises 44.7% to Rs 138 crore versus Rs 95.6 crore.
Ebitda margin at 13.1% versus 9.9%.
Net profit up 79.9% at Rs 69.4 crore versus Rs 38.6 crore.
Hindustan Zinc Highlight (Cons, YoY)
Revenue up 17.8% to Rs 8,614.00 crore versus Rs 7,310 crore.
Net Profit up 32% to Rs 2,678.00 crore versus Rs 2,028 crore.
Ebitda up 28% to Rs 4,499.00 crore versus Rs 3,521 crore.
Margin at 52.2% versus 48.2%.
What Lead Growth?
Revenue driven by 21% growth in zinc and lead segment
Ebitda aided by 8% fall lower power and fuel costs
Prices May Have Helped Earnings
Zinc prices rose 9.8% QoQ to $3,048/t.
Silver prices rose 6.4% QoQ to $31.3/oz.
Cipla Q3 Results: Profit Rises 49%, Beats Estimates
Shyam Metalics Adn Energy share price erased earlier losses as the company reported a 55% rise in the net profit during October–December.
Rites Highlight (Cons, YoY)
Net profit falls 16.7% to Rs 100 crore versus Rs 120 crore.
Revenue falls 15.7% to Rs 576 crore versus Rs 683 crore.
Ebitda falls 30.5% to Rs 117 crore versus Rs 169 crore.
Margin at 20.4% versus 24.7%.
Route Mobile Highlight (Cons, YoY)
Net profit falls 20.1% to Rs 85.5 crore versus Rs 107 crore.
Revenue falls 6.3% to Rs 1,184 crore versus Rs 1,113 crore.
EBIT rises 4.7% to Rs 108 crore versus Rs 113 crore.
Margin at 9.1% versus 10.1%.
TTK Prestige Highlight (Cons, YoY)
Net profit falls 6.5% to Rs 58.5 crore versus Rs 62.5 crore.
Revenue falls 1.5% to Rs 727 crore versus Rs 738 crore.
Ebitda rises 6.6% to Rs 79.4 crore versus Rs 85 crore.
Margin at 10.9% versus 11.5%.
Arvind Highlight (Standalone, YoY)
Net Profit rises 12.8% to Rs 103 crore versus Rs 91.7 crore.
Revenue rises 10.6% to Rs 2,089 crore versus Rs 1,888 crore.
Ebitda up 9.7% to Rs 237.05 crore versus Rs 216 crore.
Margin at 11.3% versus 11.4%.
TVS Motor Q3 Results: Revenue Up 10%, Profit Surges On EV Sales
Novartis Highlight (Cons, YoY)
Net profit falls 4.2% to Rs 25.4 crore versus Rs 26.5 crore.
Revenue rises 10.1% to Rs 93 crore versus Rs 84.5 crore.
Ebitda rises 29.8% to Rs 25.6 crore versus Rs 19.7 crore.
Margin at 27.5% versus 23.3%.
Shyam Metalics Shares Rise 2% After Q3 Business Update
Cipla is likely to report a net profit of Rs 1,208 crore and revenue of Rs 6,967 crore for the third quarter, according to the estimates. The company is estimated to report an Ebitda of Rs 1,777 crore and a margin of 25.50%, as per Bloomberg analysts.
Hyundai Motor India is likely to clock a profit of Rs 1,328 crore and revenue of Rs 17,089 crore for the quarter ended December, as per the consensus estimates of analysts tracked by Bloomberg. This is its first financial performance report since its listing on the national exchanges.
Apar Industries Highlight (Cons, YoY)
Net profit falls 19.6% to Rs 175 crore versus Rs 218 crore.
Revenue rises 17.7% to Rs 4,716 crore versus Rs 4,009 crore.
Ebitda falls 12.1% to Rs 356 crore versus Rs 405 crore.
Margin At 7.6% versus 10.1%.
Bajaj Auto is expected to clock in a net profit worth Rs 2,258 crore, as per consensus estimates.
Standalone net profit of the Pulsar-maker rose 9% year-on-year to Rs 2,005 crore in the three months ended Sept 30., on the back of revenue that surged 22% to Rs 13,127 crore. Analysts polled by Bloomberg had estimated the topline at Rs 13,253 crore and the bottom line at Rs 2,201 crore.
Hindustan Zinc, Bajaj Auto, Hyundai Motor, Cipla — Earnings Estimates