Q3 Results Highlights: AU SFB's Asset Quality Improved, United Spirits Announced Interim Dividend

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Epack Durable Q3 Highlights (YoY)

• Net Profit up 3.2% at Rs 2.58 crore versus Rs 2.5 crore (YoY)
• Revenue up 13.5% at Rs 428 crore versus Rs 377 crore (YoY)

PTC India Q3 Highlights (YoY)

• Net Profit down 27% At Rs 49.1 crore versus Rs 67.1 crore (YoY) 
• Calculated NII down 33% at Rs 52.4 crore (YoY)

United Spirits has announced an interim dividend of Rs 6 per share. 

The board of directors has also approved further investment in Sober & Co, bringing their shareholding up to 25%. 

Supreme Petrochem Q3 Highlights (Cons, QoQ)

• Net Profit down 36.7% at Rs 30.6 crore versus Rs 48.3 crore 
• Revenue up 14.6% at Rs 1,281 crore versus Rs 1,118 crore 
• Ebitda up 1.8% at Rs 102 crore versus Rs 100 crore
• Margin at 7.9% versus 8.9%

Canara Robeco AMC Q3 Highlights

• Net Profit up 8.3% at Rs 52.8 crore versus Rs 48.7 crore (YoY) 
• Total Income up 12.5% at Rs 121 crore versus Rs 108 crore (YoY)

Rallis India Q3 Highlights (Cons, YoY)

• Net Profit slumps 81.8% at Rs 2 crore versus Rs 11 crore 
• One-time cost of Rs 35 crore In Q3 
• Revenue up 19.3% at Rs 623 crore versus Rs 522 crore 
• Ebitda up 31.8% at Rs 58 crore versus Rs 44 crore 
• Margin at 9.3% versus 8.4%

CreditAccess Grameen Q3 Highlights (Cons, YoY)

• Net Profit of Rs 252 crore versus loss of Rs 99.5 crore
• Revenue up 8% at Rs 1,490 crore versus Rs 1,380 crore
• Ebitda up 126% at Rs 813 crore versus Rs 360 crore
• Margin At 54.5% versus 26.07%

Shopper's Stop Q3 Highlights (Cons, YoY)

• Net Profit down 69.1% at Rs 16.1 crore versus Rs 52.2 crore 
• Revenue up 2.6% at Rs 1,419 crore versus Rs 1,379 crore  
• Ebitda down 11.3% at Rs 218 crore versus Rs 246 crore 
• Margin at 15.4% versus 17.8%

DCM Shriram Q3 Highlights (Cons, YoY)

• Net Profit declines 19.1% to Rs 212 crore versus Rs 262 crore (YoY) 
• Revenue rises 13.8% at Rs 4,003 crore versus Rs 3,519 crore (YoY) 
• Ebitda up 7.2% at Rs 532 crore versus Rs 496 crore (YoY) 
• Margin At 13.3% versus 14.1% (YoY) 
• To pay second interim dividend of Rs 3.6 per share

AU Small Finance Bank Q3 Highlights

• Net Profit up 26.5% at Rs 668 crore versus Rs 528 crore (YoY) 
• Gross NPA at 2.3% versus 2.41% (QoQ) 
• Net NPA Flat at 0.88% (QoQ) 
• Operating Profit up 1% at Rs 1,215 crore versus Rs 1,204 crore (YoY) 
• NII up 16% at Rs 2,341 crore versus Rs 2,023 crore (YoY)

The net profit for AU Small Finance Bank rose 26.5% to Rs 668 crore versus Rs 528 crore. 

Cyient DLM Q3 FY26 (Cons YoY)

• Net Profit up 2.2% at Rs 11.2 crore versus Rs 10.9 crore (YoY) 
• Revenue down 31.8% at Rs 303 crore versus Rs 444 crore (YoY) 
• Ebitda down 2% at Rs 27.5 crore versus Rs 28.1 crore (YoY) 
• Margin at 9.1% versus 6.3% (YoY)

Indiamart Q3 FY26 (Cons YoY)

• Profit up 55.6% at Rs 188 crore versus Rs 121 crore 
• Revenue up 13.4% at Rs 402 crore versus Rs 354 crore
• Ebitda down 3% at Rs 134 crore versus Rs 138 crore
• Margin at 33.4% versus 39%

J&K Bank Q3 FY26

• Profit up 11% at Rs 588.73 crore versus Rs 531.51 crore (YoY)
• NII down 1% at Rs 1,480 crore versus Rs 1,509 crore (YoY)
• Gross NPA at 3% versus 3.32% (QoQ)
• Net NPA at 0.68% vs 0.76% (QoQ)

SRF declared a second interim dividend of Rs 5 per share alongside its December quarter results.

SRF Q3 Result Highlights (Consolidated, YoY)

• Net Profit up 59.6% at Rs 433 crore versus Rs 271 crore.
• Revenue up 6.3% to Rs 3,713 crore versus Rs 3,491 crore.
• Ebitda up 25.9% at Rs 780 crore versus Rs 620 crore.
• Ebitda Margin at 21% versus 17.7%.
• SRF sees Rs 99 crore tax write back

Shares of Gujarat Gas are trading 2.6% lower at Rs 395.85 apiece after the release of their Q3 results.

Gujarat Gas Q3 Result Highlights (Consolidated, QoQ)

• Net Profit down 4.6% at Rs 267 crore versus Rs 280 crore.
• Revenue down 3% to Rs 3,658 crore versus Rs 3,780 crore.
• Ebitda flat at Rs 447 crore.
• Ebitda Margin at 12.2% versus 11.8%.

Meanwhile, India's top seven industrialists are set to meet Donald Trump in a group meeting of 146 at Davos 2026. For more details, head to our sister live blog.

ITC Hotels Q3 Result Highlights (YoY)

• Net Profit up 9.4% at Rs 235 crore versus Rs 215 crore.
• Revenue up 21.2% to Rs 1,231 crore versus Rs 1,015 crore.
• Ebitda up 22.7% at Rs 467 crore versus Rs 381 crore.
• Ebitda Margin at 38% versus 37.5%.

Vardhman Special Q3 Result Highlights (YoY)

• Net Profit up 56.5% at Rs 33.6 crore versus Rs 21.5 crore.
• Revenue up 0.9% to Rs 431 crore versus Rs 427 crore.
• Ebitda up 23.4% at Rs 43.3 crore versus Rs 35.1 crore.
• Ebitda Margin at 10.1% versus 8.2%.

Newgen Software Q3 Result Highlights (QoQ)

• Net Profit down 23.2% at Rs 62.8 crore versus Rs 81.7 crore.
• Revenue falls 0.1% to Rs 400crore versus Rs 401 crore.
• Ebit up 4.2% at Rs 97.2 crore versus Rs 93.3 crore.
• EBIT Margin at 24.3% versus 23.3%.

Jan. 21: Bajaj Consumer Care Ltd., Bank of India, Dr Reddy's Laboratories Ltd., Hindustan Petroleum Corporation Ltd., KEI Industries Ltd., Oracle Financial Services Software Ltd., Piccadily Agro Industries Ltd., PNB Housing Finance Ltd., Tata Communications Ltd., UTI Asset Management Company Ltd.

Brokerages remain divided on Punjab National Bank even as most raise target prices, citing pressure on margins but comfort on asset quality and recoveries.

Global brokerage firm Citi maintained a 'sell' rating while hiking its target price to Rs 115 from Rs 108. Kotak Securities retained an 'add' rating and raised its target to Rs 140 from Rs 125. Jefferies continued with a 'buy' rating and increased its target to Rs 150 from Rs 145. 

LTIMindtree Q3 Results (Cons, QoQ)

• Revenue up 3.7% at Rs 10,781 crore versus Rs 10,394 crore (Bloomberg estimate: Rs 10,726 crore)
• EBIT up 5.4% at Rs 1,737 crore versus Rs 1,648 crore (Bloomberg estimate: Rs 1,706 crore)
• Margin at 16.1% versus 15.9% (Bloomberg estimate: 15.84%)
• Profit down 31% at Rs 971 crore versus Rs 1,401 crore (Bloomberg estimate: 1,413 crore)

• Aarcon Facilities Ltd.
• Asian Warehousing Ltd.
• AU Small Finance Bank Ltd.
• Bigbloc Construction Ltd.
• Canara Robeco Asset Management Company Ltd.
• CreditAccess Grameen Ltd.
• Cyient DLM Ltd.
• DCM Shriram Ltd.
• EPACK Durable Ltd.
• Family Care Hospitals Ltd.
• Gujarat Gas Ltd.
• IndiaMART InterMESH Ltd.
• ITC Hotels Ltd.
• Jammu & Kashmir Bank Ltd.
• Ksolves India Ltd.
• Machhar Industries Ltd.
• Mallcom (India) Ltd.
• Martin Burn Ltd.
• Mastek Ltd.
• Mega Nirman and Industries Ltd.
• Newgen Software Technologies Ltd.
• Nalin Lease Finance Ltd.
• Neogem India Ltd.
• Persistent Systems Ltd.
• PTC India Financial Services Ltd.
• Piccadilly Sugar & Allied Industries Ltd.
• Pil Italica Lifestyle Ltd.
• Prime Securities Ltd.
• Rajoo Engineers Ltd.
• Rallis India Ltd.
• Roselabs Finance Ltd.
• Senores Pharmaceuticals Ltd.
• Shoppers Stop Ltd.
• Supreme Petrochem Ltd.
• SRF Ltd.
• Tribhovandas Bhimji Zaveri Ltd.
• Tata Teleservices (Maharashtra) Ltd.
• Ujaas Energy Ltd.
• Umiya Buildcon Ltd.
• United Spirits Ltd.
• Vikram Solar Ltd.
• Vinyl Chemicals (India) Ltd.
• V R Films & Studios Ltd.
• Vardhman Special Steels Ltd.