Q3 Results Highlights: United Breweries Net Profit Doubled; Eicher Motors Profit Rose, Margin Expanded; Oil India Declares Dividend

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ESAB India Q3 Results Consolidated

• Net Profit up 6.5% at Rs 43 crore vs Rs 40.4 crore YoY
• Revenue up 12.2% at Rs 379 crore vs Rs 337 crore YoY
• EBITDA up 37% at Rs 75.7 crore vs Rs 55.3 crore YoY
• Margin at 20% vs 16.4% YoY

Declared a second interim dividend of Rs 25 per share

United Breweries Q3 Results Consolidated

• Net Profit up 111% at Rs 81 crore vs Rs 38.4 crore YoY
• Revenue up 3.6% at Rs 2,073 crore vs Rs 2,000 crore YoY
• EBITDA up 59.6% at Rs 226 crore vs Rs 141 crore YoY
• Margin at 10.9% vs 7.1% YoY

IIFL Capital Services Q3 Results Consolidated

• Net Profit down 5.2% at Rs 187 crore vs Rs 197 crore YoY
• Net Interest Income (NII) down 7% at Rs 60.9 crore vs Rs 65.7 crore YoY
• Interim Dividend declared at Rs 3 per share

Power Mech Projects Q3 Results Consolidated

• Net Profit up 14.6% at Rs 94 crore vs Rs 82 crore YoY
• Revenue up 6.1% at Rs 1,419 crore vs Rs 1,338 crore YoY
• EBITDA down 20.8% at Rs 159 crore vs Rs 201 crore YoY
• Margin at 11.2% vs 15% YoY

Hindustan Foods Q3 Results Consolidated

• Net Profit up 25.9% at Rs 36.1 crore vs Rs 28.7 crore YoY
• Revenue up 13.5% at Rs 998 crore vs Rs 880 crore YoY
• EBITDA up 24.5% at Rs 91.1 crore vs Rs 73.2 crore YoY
• Margin at 9.1% vs 8.3% YoY

Ashiana Housing Q3 Results Consolidated

• Net Profit up 420% at Rs 56.7 crore vs Rs 10.9 crore YoY
• Revenue up 172% at Rs 362 crore vs Rs 133 crore YoY
• EBITDA up 297% at Rs 68.3 crore vs Rs 17.2 crore YoY
• Margin at 18.9% vs 12.9% YoY

IndiQube Spaces Q3 Results Consolidated

• Net Loss widened to Rs 17.1 crore vs Loss of Rs 13.7 crore YoY
• Revenue up 45.6% at Rs 390 crore vs Rs 268 crore YoY
• EBITDA up 50.5% at Rs 237 crore vs Rs 158 crore YoY
• Margin at 60.8% vs 58.8% YoY

HEG Limited Q3 Results Consolidated

• Net profit at Rs 207 crore vs Rs 83.4 crore YoY
• Revenue up 37.2% at Rs 656 crore vs Rs 478 crore YoY
• EBITDA up 78.2% at Rs 142 crore vs Rs 80 crore YoY
• Margin at 21.7% vs 16.7% YoY

Hinduja Global Solutions (HGS) Q3 Results Consolidated

• Net Profit at Rs 42.6 crore vs Loss of Rs 2.64 crore YoY
• Revenue up 1.1% at Rs 1,075 crore vs Rs 1,064 crore YoY
• EBITDA down 74.2% at Rs 19 crore vs Rs 73.6 crore YoY
• EBITDA Margin at 1.8% vs 6.9% YoY

Karnataka Bank Q3 Results (Cons)

• Net profit up 2.5% at Rs 291 crore vs Rs 284 crore YoY
• NII (Net Interest Income) flat at Rs 792 crore vs Rs 793 crore YoY
• Operating profit up 4.3% at Rs 452 crore vs Rs 433 crore YoY
• Provisions up 13.2% at Rs 94.9 crore vs Rs 83.8 crore YoY
• Gross NPA at 3.32% vs 3.33% QoQ
• Net NPA at 1.31% vs 1.35% QoQ

Britannia Industries Q3 Results Consolidated

• Net profit up 16.9% at Rs 680 crore vs Rs 582 crore YoY
• Revenue up 8.2% at Rs 4,970 crore vs Rs 4,593 crore YoY
• Ebitda up 16% at Rs 980 crore vs Rs 845 crore YoY
• Ebitda margin at 19.7% vs 18.4% YoY

EIH Limited Q3 Results Consolidated

• Net profit down 8.1% at Rs 243 crore vs Rs 264 crore YoY
• Revenue up 9.1% at Rs 873 crore vs Rs 800 crore YoY
• Ebitda up 5.4% at Rs 376 crore vs Rs 357 crore YoY
• Margin at 43.1% vs 44.6% YoY

Torrent Power on Tuesday posted nearly 34% rise in consolidated net profit to Rs 654.74 crore in the December quarter, mainly on the back of higher revenues.

It posted a consolidated net profit of Rs 489.33 crore in the year-ago period, a regulatory filing stated.

Its total income rose to Rs 6,847.02 crore in the quarter from Rs 6,671.25 crore a year ago.
 

Afcons Infrastructure Q3 Results Consolidated

• Net profit down 34.8% at Rs 97.1 crore vs Rs 149 crore YoY
• Revenue down 7.3% at Rs 2,976 crore vs Rs 3,211 crore YoY
• Ebitda up 12.6% at Rs 410 crore vs Rs 364 crore YoY
• Margin at 13.8% vs 11.3% YoY

Techno Electric & Engineering Q3 Results (Cons, YoY)

• Net profit up 24.3% at Rs 119 crore vs Rs 95.9 crore YoY
• Revenue up 37.1% at Rs 872 crore vs Rs 636 crore YoY
• Ebitda up 40% at Rs 126 crore vs Rs 89.9 crore YoY
• Margin at 14.4% vs 14.1% YoY

Grasim Industries Q3FY26 Results (Cons, YoY)

• Net profit up 26.4% at Rs 1,037 crore vs Rs 820 crore YoY
• Revenue up 25.3% at Rs 44,312 crore vs Rs 35,378 crore YoY
• Ebitda up 31.2% at Rs 8,926 crore vs Rs 6,804 crore YoY
• Margin at 20.1% vs 19.2% YoY

Gujarat Narmada Valley Q3 Results Consolidated

• Net profit down 8% at Rs 150 crore vs Rs 163 crore YoY
• Revenue up 5.1% at Rs 1,996 crore vs Rs 1,899 crore YoY
• Ebitda up 37.1% at Rs 181 crore vs Rs 132 crore YoY
• Margin at 9.1% vs 7% YoY

Apollo Hospitals Q3FY26 Results (Cons, YoY)

• Net profit up 34.9% at Rs 502 crore vs Rs 372 crore YoY
• Revenue up 17.2% at Rs 6,477 crore vs Rs 5,527 crore YoY
• Ebitda up 26.8% at Rs 965 crore vs Rs 761 crore YoY
• Margin at 14.9% vs 13.8% YoY

To pay dividend of Rs 10 per share

India Glycols Q3FY26 Results Consolidated

• Net profit up 18.9% at Rs 67.6 crore vs Rs 56.8 crore YoY
• Revenue up 13% at Rs 1,102 crore vs Rs 975 crore YoY
• Ebitda up 41.9% at Rs 175 crore vs Rs 124 crore YoY
• Margin at 15.9% vs 12.7% YoY

Landmark Cars Q3 Results Consolidated

• Net profit up 24.9% at Rs 14.2 crore vs Rs 11.4 crore YoY
• Revenue up 12.6% at Rs 1,345 crore vs Rs 1,195 crore YoY
• Ebitda up 10.7% at Rs 73.6 crore vs Rs 66.5 crore YoY
• Margin at 5.5% vs 5.6% YoY

Hle Glascoat Q3FY26 Results Consolidated

• Net profit down 66.7% at Rs 2.8 crore vs Rs 8.5 crore YoY
• Revenue up 41.3% at Rs 327 crore vs Rs 231 crore YoY
• Ebitda down 17.7% at Rs 21.1 crore vs Rs 25.6 crore YoY
• Margin at 6.5% vs 11.1% YoY

Titan Q3FY26 Results (Consolidated, YoY)

• Net profit up 60.8% at Rs 1,684 crore vs Rs 1,047 crore YoY (estimate of Rs 1,518 crore)
• Revenue up 43.3% at Rs 25,416 crore vs Rs 17,740 crore YoY (estimate of Rs 23,585 crore)
• Ebitda up 62.1% at Rs 2,713 crore vs Rs 1,674 crore YoY (estimate of Rs 2,447 crore)
• Margin at 10.7% vs 9.4% YoY (estimate of 10.3%)

Kirloskar Ferrous Q3 Results Consolidated

• Net profit down 1.8% at Rs 53.3 crore vs Rs 54.3 crore YoY
• Revenue up 0.6% at Rs 1,618 crore vs Rs 1,608 crore YoY
• Ebitda up 7% at Rs 186 crore vs Rs 174 crore YoY
• Margin at 11.5% vs 10.8% YoY

To Pay Interim Dividend Of Rs 3 per Share

Eicher Motors Q3FY26 YoY

• Net profit up 21.4% at Rs 1,421 crore vs Rs 1,171 crore YoY
• Revenue up 22.9% at Rs 6,114 crore vs Rs 4,973 crore YoY
• Ebitda up 29.6% at Rs 1,557 crore vs Rs 1,201 crore YoY
• Margin at 25.5% vs 24.2% YoY

One-time cost of Rs 55.5 crore due to New Labour Codes

Oil India Q3 Results Consolidated

• Net profit down 16.4% at Rs 1,195 crore vs Rs 1,429 crore QoQ
• Revenue down 0.8% at Rs 8,330 crore vs Rs 8,394 crore QoQ
• Ebitda up 9% at Rs 2,510 crore vs Rs 2,303 crore QoQ
• Margin at 30.1% vs 27.4% QoQ

Prince Pipes Q3FY26 Results

• Net loss at Rs 2.4 crore vs loss of Rs 20.4 crore YoY
• Revenue down 0.8% at Rs 573 crore vs Rs 578 crore YoY
• Ebitda at Rs 27.8 crore vs Rs 4.7 crore YoY
• Margin at 4.8% vs 0.8% YoY

Jubilant Foodworks Q3 Results (Consolidated, YoY)

• Net profit up 65.3% at Rs 70.9 crore vs Rs 42.9 crore YoY
• Revenue up 13.3% at Rs 2,437 crore vs Rs 2,151 crore YoY
• Ebitda up 19.9% at Rs 482 crore vs Rs 402 crore YoY
• Margin at 19.8% vs 18.7% YoY

ZF Commercial Vehicle Q3FY26 (Consolidated)

• Net profit up 11.7% at Rs 140 crore vs Rs 125 crore YoY
• Revenue up 11.7% at Rs 1,075 crore vs Rs 962 crore YoY
• Ebitda up 12.5% at Rs 199 crore vs Rs 177 crore YoY
• Margin at 18.5% vs 18.4% YoY

Motisons Jewellers Q3 Results Consolidated

• Net profit up 69.5% at Rs 25.9 crore vs Rs 15.3 crore YoY
• Revenue up 20.1% at Rs 175 crore vs Rs 145 crore YoY
• Ebitda up 54.2% at Rs 35.3 crore vs Rs 22.9 crore YoY
• Margin at 20.2% vs 15.7% YoY

DCW Q3FY26 Results Consolidated

• Net profit down 63.6% at Rs 4.9 crore vs Rs 13.4 crore YoY
• Revenue up 9.6% at Rs 520 crore vs Rs 474 crore YoY
• Ebitda down 20.7% at Rs 45.2 crore vs Rs 57 crore YoY
• Margin at 8.7% vs 12% YoY

Hello there lovely people! Hope you are as pysched as I am for what the evening has to offer us. This is Khushi, signing in, with a packet of puff-corns by my side because it is going to be pouring earnings tonight. 

That’s all from me, Anas, for now. From here on, my colleague Khushi will take you on the earnings journey ahead. Hopefully, she has some snacks to savour too, as more than 50% earnings of the day are yet to come out. It's going to be a long day. Stay tuned! 

DCW Q3 Highlights (Consolidated, YoY)

Revenue up 9.6% at Rs 520 crore versus Rs 474 crore.

EBITDA down 20.7% at Rs 45.2 crore versus Rs 57 crore.

EBITDA margin at 8.7% versus 12%.

Net profit down 63.6% at Rs 4.9 crore versus Rs 13.4 crore.

Lumax Industries Q3 Highlights (Consolidated, YoY)

• Revenue up 18.7% at Rs 1,053 crore versus Rs 887 crore.
• EBITDA up 58.2% at Rs 111 crore versus Rs 69.9 crore.
• EBITDA margin at 10.5% versus 7.9%.
• Net profit up 39% at Rs 46.5 crore versus Rs 33.5 crore.

NLC India Q3 Highlights (Consolidated, YoY)

• Revenue up 0.7% at Rs 4,443 crore versus Rs 4,411 crore.
• EBITDA down 18.9% at Rs 1,480 crore versus Rs 1,824 crore.
• EBITDA margin at 33.3% versus 41.3%.
• Net profit down 0.3% at Rs 666 crore versus Rs 668 crore.

Balrampur Chini Q3 Highlights (Consolidated, YoY)

• Revenue up 22% at Rs 1,454 crore versus Rs 1,192 crore.
• EBITDA up 63.1% at Rs 202 crore versus Rs 124 crore.
• EBITDA margin at 13.9% versus 10.4%.
• Net profit up 61% at Rs 113 crore versus Rs 70.5 crore.

Escorts Kubota Q3 Highlights (Consolidated, YoY)

• Revenue up 11.3% at Rs 3,281 crore vs Rs 2,948 crore
• EBITDA up 30.7% at Rs 435 crore vs Rs 333 crore
• EBITDA margin at 13.3% vs 11.3%
• Net profit up 11.7% at Rs 358 crore vs Rs 321 crore
• Includes a one‑time loss of Rs 52.5 crore due to new labour codes

Other Updates:

• To pay special dividend of Rs 18 per share
• To set up a greenfield project in UP worth Rs 593 crore

Safari Industries Q3 Highlights (Consolidated, YoY)

• Revenue up 15.7% at Rs 512 crore vs Rs 443 crore
• EBITDA up 10.5% at Rs 55.7 crore vs Rs 50.4 crore
• EBITDA margin at 10.9% vs 11.4%
• Net profit up 5.6% at Rs 32.9 crore vs Rs 31.1 crore

Finolex Cables Q3 Highlights (Consolidated, YoY)

• Revenue up 35.2% at Rs 1,599 crore vs Rs 1,182 crore
• EBITDA up 14.4% at Rs 158 crore vs Rs 138 crore
• EBITDA margin at 9.9% vs 11.7%
• Net profit up 11.4% at Rs 164 crore vs Rs 147 crore

Nucleus Software Q3 Highlights (Consolidated, QoQ)

• Revenue up 3.1% at Rs 220 crore vs Rs 214 crore
• EBIT up 47.5% at Rs 28.9 crore vs Rs 19.6 crore
• EBIT margin at 13.1% vs 9.1%
• Net profit down 21.3% at Rs 20.7 crore vs Rs 26.3 crore
• Includes a one‑time loss of Rs 18.9 crore due to new labour codes

Wockhardt Q3 Highlights (Consolidated, YoY)

• Net Profit up over 3x at Rs 59 crore versus Rs 14 crore 
• Revenue up 23.2% at Rs 888 crore versus Rs 721 crore
• Other Income up over 2x at Rs 25 crore versus Rs 8 crore  
• EBITDA up 38.3% At Rs 177 crore versus Rs 128 crore
• Margin at 19.9% versus 17.8%

Morepen Labs Q3 Highlights (Consolidated, YoY)

• Revenue up 6.9% at Rs 484 crore versus Rs 453 crore.
• EBITDA up 28.2% at Rs 46.3 crore versus Rs 36.1 crore.
• EBITDA margin at 9.6% versus 8%.
• Net profit up 3.1% at Rs 27.5 crore versus Rs 26.7 crore.

Edelweiss Financial Services

• 2 Buyers to buy majority stake in arm Nido
• CA Sardo & Salisbury to invest `2,100 cr in Nido
• Buyers to hold 75% stake in Nido post acquisition

Samvardhana Motherson Q3 Highlights (Consolidated, YoY)

• Revenue up 13.5% at Rs 31,409 crore versus Rs 27,666 crore.
• EBITDA up 13.3% at Rs 3,043 crore versus Rs 2,686 crore.
• EBITDA margin flat at 9.7%.
• Net profit up 16.5% at Rs 1,024 crore versus Rs 879 crore.

Jyoti CNC Q3 Highlights (Consolidated, YoY)

• Revenue up 28.1% at Rs 576 crore versus Rs 450 crore.
• EBITDA up 37.3% at Rs 155 crore versus Rs 113 crore.
• EBITDA margin at 26.8% versus 25%.
• Net profit up 10.3% at Rs 88.5 crore versus Rs 80.2 crore.

Edelweiss Financial Services Q3 Highlights (Consolidated, QoQ)

• Total income at Rs 4,715 crore versus Rs 1,900 crore.
• Net profit at Rs 264 crore versus Rs 128 crore.

Chin up, folks! The first Q3 result of the day is coming up soon. Expect a lot more to come in the coming hours. 

Apollo Micro Systems To NDTV Profit On Q3 Earnings

• Expenses inched up, led bythe  consolidation of acquisitions
• RoCE and ROE based on corporate actions and acquisitions
• Exports are going to be a significant part of our financials
• Export share is not significant now, but expect a minimum 10% of revenue share by FY28
• Expects revenue growth of 45-50% CAGR over the next 3 years from the core business

Morgan Stanley On Q3 Earnings So Far

• Revenue, EBITDA, and net profit growth stood at 9%, 14%, and 11% YoY, respectively, so far
• Average EBITDA margin is 23%, in line with analysts' estimates
• 34 Nifty stocks have reported revenue growth of 9% (2ppt above estimate) and net profit growth of 6% (8ppt above analysts' estimates)
• Half of coverage universe that have reported so far have surpassed analysts' estimates
• In broader market - 1887 companies - reported revenue and net profit growth of 11% and 14% YoY, respectively, and margin expansion of 53bps
• Profit growth was strongest for Oil PSUs, Metals and Public Sector Banks and Capital Goods
• Cement and Autos (led by Tata Motors PV) reported profit declines
• Comm Services, PSU Banks and Metals led the beats vs. our analysts' expectations, while Utilities lagged

Major companies that are set to report earnings today.

• Titan Company

• Britannia Industries

• Eicher Motors

• Grasim Industries

• Apollo Hospitals Enterprise

• United Breweries

• Oil India

• Samvardhana Motherson International

• Torrent Power

JSW Steel January Business Update (YoY)

• US Production down 74% at 17,000 tonnes 
• India Production Flat at 24.6 lakh tonnes 
• Total Production down 2% at 24.8 lakh tonnes