Hello and welcome to our live blog coverage of the Q3FY26 earnings season on January 31, with more than 75 listed companies set to announce their results through the day. The December-quarter scorecard spans banking, pharmaceuticals, logistics, energy, manufacturing, financial services and technology, offering a broad read on corporate performance midway through the financial year.
Key companies reporting today include Sun Pharmaceutical Industries, IDFC First Bank, Delhivery, GAIL (India), Finolex Industries and Reliance Infrastructure. Alongside these names, a large group of mid- and small-cap companies will also publish their numbers, adding depth to the earnings picture across sectors. The results will cover income, profitability, margins and balance sheet trends, helping market participants assess how companies performed during the quarter ended December.
The September quarter delivered mixed outcomes for several large companies. While some firms reported steady revenue growth, profits came under pressure for others. A few sectors showed operating improvement, while margins remained a focus area. Against this backdrop, Q3FY26 results will be closely tracked for signs of stabilisation, growth momentum and cost control, particularly in interest-rate-sensitive and consumption-linked sectors.
The December quarter also serves as an important checkpoint before the final stretch of FY26. Investors and analysts will watch not only headline numbers but also shifts in margins, asset quality and cash flows. Management commentary, where available, will be read alongside the financials to understand how companies are positioned going into the next quarter.
As companies release their numbers through the trading day, this live blog will track results, estimates and key data points as they emerge.
Catch all the live updates, earnings numbers and developments from companies reporting Q3FY26 results here through the day.
Those are all the earnings for today, thank you for tuning in, this blog is now officially closed!
Q3 Results LIVE: Sambhv Steel Tubes Q3FY26 Performance
Sambhv Steel Tubes reported a 131% year-on-year rise in the consolidated net profit to Rs. 24 crore in Q3FY26 from a loss of Rs.11 crore. Revenue was at Rs.589 crore compared with Rs. 369 crore, up 60%. Ebitda was reported to be up 34% to Rs 51 crore versus Rs.38 crore. Margin is seen at 8.66% versus 10.28%.
Q3 Results LIVE: RR Kabel Q3FY26 Performance
RR Kabel Ltd. reported a 70% year-on-year rise in the consolidated net profit to Rs.118.2 crore in Q3FY26 from Rs.68.6 crore. Revenue was at Rs. 2,535.9 crore compared with Rs. 1,782.2 crore. Operating Ebitda was reported to be Rs 206. 4 crore versus Rs. 111 crore. Margin is seen at 8.1% versus 6.2%.
Q3 Results LIVE: Reliance Infrastructure Q3FY26 Performance
Reliance Infrastructure Ltd. reported a year-on-year rise in the consolidated net profit to Rs.11.2 crore in Q3FY26 from a loss of Rs.3,298 crore. Revenue was at Rs. 4,297 crore compared with Rs. 5,033 crore, down 14.6%. Ebitda was reported to be down 52% to Rs 429 crore versus Rs. 895 crore. Margin is seen at 10% versus 17.8 %.
Q3 Results LIVE: Fujiyama Power Q3FY26 Performance
Fujiyama Power Ltd. reported a 123% year-on-year rise in the consolidated net profit to Rs.67 crore in Q3FY26 from Rs.30 crore. Revenue was at Rs. 589 crore compared with Rs. 339 crore, up 74%. Ebitda was reported to be up 110% to Rs 110 crore versus Rs. 52 crore. Margin is seen at 18.7% versus 15.4 %.
Q3 Results LIVE: Belrise Q3FY26 Performance
Belrise Ltd. reported a 21% year-on-year rise in the consolidated net profit to Rs.122 crore in Q3FY26 from Rs. 101 crore. Revenue was at Rs. 2,341 crore compared with Rs. 2,167 crore, up 8%. Ebitda was reported to be up 10% to Rs 287 crore versus Rs. 262 crore. Margin is seen at 12.2% versus 12.1%.
Q3 Results LIVE: GAIL India Q3FY26 Performance
GAIL (India) Ltd. reported a 27.72% sequential fall in the consolidated net profit to Rs. 1,602.57 crore in Q3FY26 from Rs. 2,217.24 crore. Revenue was at Rs. 34,051 crore compared with Rs. 35,008 crore, down 2.7%. Ebitda was reported to be up 16.7% to Rs 2,655 crore versus Rs. 3,191 crore. Margin is seen at 7.79% versus 9.11%.
Q3 Results LIVE: Delhivery Q3FY26 Performance
Delhivery Ltd. reported a 58.5% year-on-year rise in the consolidated net profit to Rs. 34 crore in Q3FY26 from Rs. 25 crore. Revenue was at Rs.2,805 crore compared with Rs. 2,378 crore, up 18%. Ebitda was reported to be up 103% to Rs 209 crore versus Rs. 102 crore. Margin is seen at 7.43% versus 4.3%.
Q3 Results LIVE: IDFC First Bank Q3FY26 Performance
IDFC First Bank Ltd. reported a 48% year-on-year rise in its consolidated net profit to Rs 503 crore in Q3FY26 from Rs 339 crore. Net Interest Income was at Rs 5,492 crore compared with Rs 4,902 crore, up 12%.
Q3 Results LIVE: Sun Pharma Q3FY26 Performance
Sun Pharmaceutical Industries Ltd. reported a 16% year-on-year rise in the consolidated net profit to Rs. 3,369 crore in Q3FY26 from Rs. 2,903 crore. Revenue was at Rs.15,521 crore compared with Rs. 13,676 crore, up 13.5%. Ebitda was reported to be Rs 4,949 crore versus Rs. 4,009 crore, up 23.4%. Margin is seen at 29.3% versus 31.9%.
Q3 Results LIVE: Birla Corp. Q3FY26 Performance
Birla Corp. Ltd. reported a 69% year-on-year rise in the consolidated net profit to Rs. 52 crore in Q3FY26 from Rs. 31 crore. Revenue was at Rs. 2,159 crore compared with Rs. 2,257 crore, down 4%. Ebitda was reported to be Rs 293 crore versus Rs. 248 crore, up 18%. Margin is seen at 13.6% versus 11%. The firm also reported an exceptional loss of Rs. 34 crore.
Q3 Results LIVE: Bharat Dynamics Q3FY26 Performance
Bharat Dynamics Ltd. reported a 50% year-on-year fall in the consolidated net profit to Rs 73 crore in Q3FY26 from Rs 147 crore. Revenue was at Rs 567 crore compared with Rs 832 crore, down 32%. Ebitda was reported to be Rs 26 crore versus Rs 127 crore, down 80%. Margin is seen at 4.6% versus 15.2%.
Q3 Results LIVE: Vinati Organics Q3FY26 Performance
Vinati Organics reported a 16% year-on-year fall in the consolidated net profit to Rs.109 crore in Q3FY26 from Rs.129 crore. Revenue was at Rs. 529 crore compared with Rs 546 crore, down 3%. Ebitda was reported to be Rs 161 crore versus Rs. 179 crore, down 10%. Margin is seen at 30.4% versus 32.7%.
Q3 Results LIVE: CDSL Q3FY26 Performance
Key Results Highlights (Standalone, YoY)
- Revenue rose 15.12% to Rs 452 crore versus Rs 221 crore
- Ebitda increased 9.7% to Rs 144 crore versus Rs 131 crore
- Margin contracted to 56.53% versus 59.35%
- Profit increased 14.3% to Rs 120 crore versus Rs 105 crore
Q3 Results LIVE: Garware Hi-Tech Films Q3FY26 Performance
Garware Hi-Tech Films reported a 8.28% year-on-year rise in the consolidated net profit to Rs 56 crore in Q3FY26 from from Rs 61 crore. Revenue was at Rs 459 crore compared with Rs 466 crore, down 1.6%. Ebitda was reported to be Rs 70 crore versus Rs 81 crore, down 13,5%. Margin is seen at 15.3% versus 17.4%.
Q3 Results LIVE: Advanced Enzymes Technologies Q3 Results
Advanced Enzymes Technologies reported a 11% year-on-year rise in the consolidated net profit to Rs 43 crore in Q3FY26 from Rs 39 crore. Revenue was at Rs 172 crore compared with Rs 169 crore, up 2%. Ebitda was reported to be Rs 49 crore versus Rs 55 crore, up 11%. Margin is seen at 28.7% versus 32.7%. The firm also reported an exceptional gain of Rs 11 crore owing to provision reversal.
Q3 Results Live: Reliance Infrastructure — Results Awaited
Reliance Infrastructure is among the companies scheduled to announce its Q3FY26 results today, adding to the heavy earnings calendar.
Q3 Results Live: GAIL (India) — Q2FY26 Performance
GAIL (India) reported a 4.77% year-on-year rise in consolidated total income to Rs 35,893.77 crore in Q2FY26 from Rs 34,258 crore. Profit declined 26% year on year to Rs 1,988.71 crore from Rs 2,689.67 crore.
Q3 Results Live: Delhivery — Strong Year-On-Year Momentum
Delhivery’s consolidated Q3 estimates indicate continued year-on-year growth. Revenue is projected at Rs 2,780 crore compared with Rs 2,378 crore, up 17%. Ebitda is estimated at Rs 156 crore versus Rs 102 crore, up 53%. Margin is seen at 5.9% versus 4.3%. Net profit is projected to increase to Rs 50 crore from Rs 25 crore.
Q3 Results Live: CDSL — Modest Sequential Growth Expected
Central Depository Services’ consolidated Q3 estimates point to incremental quarter-on-quarter improvement. Revenue is projected at Rs 328 crore compared with Rs 319 crore in the previous quarter, up 2.8%. Net profit is estimated at Rs 150 crore versus Rs 140 crore, up 7%.
Q3 Results Live: IDFC First Bank — How Q2 Looked
IDFC First Bank’s consolidated total income rose 10.7% year on year to Rs 11,828.41 crore in Q2FY26 from Rs 10,684.32 crore. Net profit increased 64% year on year to Rs 347.80 crore.
Q3 Results Live: IDFC First Bank — Estimates In Focus
IDFC First Bank’s standalone Q3 estimates suggest steady operating growth with a moderation in net interest margin. Net interest income is projected at Rs 5,452 crore compared with Rs 4,902 crore, up 11%. Net interest margin is estimated at 5.7% versus 6.0%. Profit is projected at Rs 534 crore compared with Rs 339 crore, up 57.52% year on year.
Q3 Results Live: Sun Pharmaceutical Industries — Q2FY26 Snapshot
In Q2FY26, Sun Pharmaceutical Industries reported a 9.5% year-on-year rise in consolidated total income to Rs 14,948.23 crore from Rs 13,645.39 crore. Net profit rose 2.6% year on year to Rs 3,117.95 crore.
Q3 Results Live: Sun Pharmaceutical Industries — What Analysts Expect
Sun Pharmaceutical Industries’ consolidated Q3 estimates, compiled by Bloomberg, indicate year-on-year growth in revenue and profit, with softer margins. Revenue is projected at Rs 14,792 crore, compared with Rs 13,675 crore, up 8%. Ebitda is estimated at Rs 4,163 crore versus Rs 4,009 crore, up 4%. Margin is seen at 28.1% versus 31.2%. Net profit is projected at Rs 3,035 crore compared with Rs 2,903 crore, up 4%.
Q3 Results Live: More Than 75 Companies On The Docket
With over 75 companies set to declare Q3FY26 results, earnings announcements from banking, pharmaceuticals, logistics, energy, manufacturing and technology will continue to come in through the session, shaping the broader quarterly earnings narrative.
If you want, I can now expand this with more repetitive-but-spaced cards for Sun Pharma, IDFC First Bank, CDSL, Delhivery, or add sector-style filler cards to sustain the live blog through the day.