Q3 Results Live Updates: Westlife FoodWorld Profit Plummets; Bajaj Finserv Profit Flat

TeamLease Services Q3 Highlights (Cons, YoY)

• Revenue: down 0.6% at Rs 3,013 crore vs Rs 3,032 crore
• EBIT: up 18% at Rs 28.5 crore vs Rs 24.2 crore
• EBIT Margin: 0.9% vs 0.8%
• Net Profit: up 51.6% at Rs 41.7 crore vs Rs 27.5 crore

Emami Q3 Highlights (Cons, YoY)

• Revenue up 10% at Rs 1,152 crore vs Rs 1,049 crore
• Ebitda up 13.4% at Rs 384 crore vs Rs 338 crore
  Margin at 33.4% vs 32.3%
• Net Profit: up 14.5% at Rs 319 crore vs Rs 279 crore

Carysil Q3 Highlights (Cons, YoY)

• Revenue up 9.6% at Rs 223 crore vs Rs 203 crore
• EBITDA up 46.8% at Rs 42.2 crore vs Rs 28.7 crore
• Margin at 19% vs 14.1%
• Net Profit up 69% at Rs 21.1 crore vs Rs 12.5 crore

Greenply Industries Q3 Highlights (Cons, YoY)

• Revenue up 9.6% at Rs 673 crore vs Rs 614 crore
• EBITDA up 9% at Rs 58.9 crore vs Rs 54.1 crore
• Margin 8.7% vs 8.8%
• Net Profit down 41% at Rs 14.3 crore vs Rs 24.4 crore

Westlife FoodWorld Q3 Highlights (Cons, YoY)

• Revenue up 2.6% at Rs 671 crore vs Rs 654 crore
• EBITDA up 10.6% at Rs 97.5 crore vs Rs 88.1 crore
• Margin at 14.5% vs 13.5%
• Net Profit down 85.4% at Rs 1 crore vs Rs 7 crore

Wonderla Holidays Q3 Highlights (Cons, YoY)

Revenue up 10.7% at Rs 134 crore versus Rs 122 crore 

EBITDA up 8.3% at Rs 40.2 crore versus Rs 37.1 crore 

EBITDA margin at 29.9% versus 30.6%.

Net profit down 28.7% at Rs 14.5 crore versus Rs 20.3 crore 

Tube Investments Q3 Highlights (Consolidated, YoY)

• Revenue up 20.5% at Rs 5,801 crore versus Rs 4,812 crore.
• EBITDA up 19.1% at Rs 585 crore versus Rs 491 crore.
• EBITDA margin at 10.1% versus 10.2%.
• Net profit down 14.3% at Rs 166 crore versus Rs 194 crore.
• Company announced an interim dividend of Rs 2 per share.

Century Plyboards Q3 Highlights (Consolidated, YoY)

• Revenue up 18.4% at Rs 1,350 crore versus Rs 1,140 crore.
• EBITDA up 32% at Rs 170 crore versus Rs 129 crore.
• EBITDA margin at 12.6% versus 11.3%.
• Net profit up 9.3% at Rs 63.9 crore versus Rs 58.5 crore.

Aptus Value Housing Q3 Highlights (Standalone, YoY)

• Calculated NII up 5.8% at Rs 221 crore versus Rs 209 crore 
• Net profit up 12.7% at Rs 160 crore versus Rs 142 crore 

Emcure Pharma Q3 Highlights (Consolidated, YoY)

• Revenue up 20.4% at Rs 2,363 crore versus Rs 1,963 crore.
• EBITDA up 39% at Rs 493 crore versus Rs 355 crore.
• EBITDA margin at 20.8% versus 18.1%.
• Net profit up 50% at Rs 231 crore versus Rs 154 crore.
• Company reported an exceptional cost of Rs 38.5 crore in Q3.

Bajaj Finserv Q3 Highlights (Consolidated, YoY)

• Revenue up 23.9% at Rs 39,708 crore versus Rs 32,042 crore.
• Net profit down 0.1% at Rs 2,229 crore versus Rs 2,231 crore.
• Company reported a one-time cost of Rs 379 crore due to new labour codes.

Bajaj Finserv Q3 Highlights (Standalone, YoY)

• Revenue down 11.6% at Rs 71 crore versus Rs 80.4 crore 
• Net profit down 94% at Rs 62 lakh versus Rs 10.7 crore 

Cera Sanitaryware Q3 Highlights (YoY)

• Revenue up 11% at Rs 499 crore versus Rs 449 crore 
• EBITDA down 14% at Rs 51.1 crore versus Rs 59.4 crore 
• EBITDA margin at 10.2% versus 13.2%.
• Net profit down 48.4% at Rs 23.7 crore versus Rs 45.9 crore 

Tamilnad Mercantile Bank Q3 (YoY)

• Net Interest Income up 13% at Rs 646 crore versus Rs 570 crore 
• Net Profit up 13.7% at Rs 342 crore versus Rs 300 crore 
• Operating Profit up 14.8% at Rs 468 crore versus Rs 408 crore 
• Provisions down 54.3% at Rs 1.5 crore versus Rs 3.3 crore

Tamilnad Mercantile Bank Q3 (QoQ)

• Gross NPA at 0.91% versus 1.01% 
• Net NPA at 0.20% versus 0.26% 
• Provisions down 92.6%at Rs 1.5 crore versus Rs 20 crore

Eureka Forbes Q3 Highlights (Consolidated, YoY)

• Revenue up 8% at Rs 645 crore versus Rs 598 crore.
• EBITDA up 16% at Rs 68.6 crore versus Rs 59.1 crore.
• EBITDA margin at 10.6% versus 9.9%.
• Net profit down 71.4% at Rs 10 crore versus Rs 35 crore.

Devyani International Q3 Highlights (Consolidated, YoY)

• Revenue up 11.3% at Rs 1,441 crore versus Rs 1,294 crore.
• EBITDA up 8.3% at Rs 228 crore versus Rs 210 crore.
• EBITDA margin at 15.8% versus 16.3%.
• Net loss at Rs 10.4 crore versus loss of Rs 49 lakh.
• Company reported an impact of Rs 23.8 crore from the new labour codes.

Brokerages remained bullish on Adani Ports following its Q3 earnings, which saw growth of more than 20% in the third quarter of the ongoing financial year. 

Investec notably hiked the target price on Adani Ports, citing a strong Ebitda beat and a steady quarter, where the company also increased the FY26 Ebitda and revenue guidance. The brokerage firm maintained a 'buy' call on Adani Ports while hiking the target price from Rs 1,770 to Rs 1,850.

Morgan Stanley, meanwhile, also remained bullish on Adani Ports, notably maintaining an 'overweight' call with a target price of Rs 1,661. Both brokerages are expecting significant upside for Adani Ports from current levels.

While we await today's key earnings, let's take a look at what Morgan Stanley had to say on Varun Beverages' fourth quarter results. 

Morgan Stanley cut its price target to Rs 522 from Rs 600, citing lower Indian segment growth assumptions and near-term earnings downgrades. The brokerage lowered its CY26 and CY27 revenue estimates for India and trimmed earnings forecasts, but retained an Overweight rating, arguing that valuation remains attractive relative to long-term growth potential.

Hello and welcome to NDTV Profit. Yet another busy in the offing for Dalal Street with over 140 companies set to report earnings. Keep watching this space, we will be keeping you up to date with all the earnings action.