InterGlobe Aviation Ltd., Reliance Industries Ltd., Vedanta Ltd., HDFC Bank Ltd., ICICI Bank Ltd., RBL Bank Ltd. and IDBI Bank Ltd. are some of the stocks that will catch investors' attention on Monday.
Here are the notable corporate announcements that came after Friday's market hours:
- Indigo: The DGCA imposed penalty of Rs 22.2 crore.
- Vedanta: Approved Rs 1,725-crore corporate guarantee for arm Ferro Alloy.
- Indian Hotels: Completed acquisition of 51% stake in Sparsh Infratech for Rs 232 crore.
- Asian Paints: The company's stake in Asian White Cement Holding now stands at 60% from earlier stake of 70%.
- Mphasis: UK-Based arm acquired 49% stake in Mrlad. Mrald to become wholly owned subsidiary of Arm Mphasis Consulting.
- Nestle: Appointed Edouard Mac Nab as CFO from March 1.
- Engineers India: Received $350 million contract from Dangote Group. The company to be management consultant for Africa refinery.
- Bajaj Finserv: JV pact between the company, Allianz SE terminated.
Earnings Post Market Hours
Wipro Review Q3FY26 (Consolidated QoQ)
Key Takeaways
Numbers miss estimate; margins down 140 bps.
QoQ CC growth at 1.4% versus 0.3% in Q2.
One-time impact of labour code and restructuring at Rs 565 crore.
Q4 guidance at 0% to 2% (versus Q3 at -0.5% to +1.5%).
Total booking at $3.3bn versus $4.6bn in Q2.
Financials
Revenue: Up 3.78% at Rs 23,555.8 crore versus Rs 22,697.3 crore (Est: Rs 23,331.70 crore).
Ebit: Down 5.14% at Rs 3,491.4 crore versus Rs 3,680.7 crore (Est: Rs 3,920.69 crore).
Ebit margin: Down 139 bps at 14.82% versus 16.21% (Est: 16.80%).
Net profit: Down 3.91% at Rs 3,119 crore versus Rs 3,246.2 crore (Est: Rs 3,349.92 crore).
Reliance Q3 FY26 (Consolidated QoQ)
Revenue: Up 4% to Rs 2,64,905 crore versus Rs 2,54,623 crore.
Ebitda: Flat at Rs 46,018 crore versus Rs 45,885 crore.
Ebitda margin: At 17.4% versus 18%.
Net profit: Up 2.6% to Rs 18,645 crore versus Rs 18,165 crore.
Segmental Ebitda
O2C: Up 10% to Rs 16,507 crore.
Retail: Up 1% to Rs 6,915 crore.
Oil and Gas exploration: Down 3% to Rs 4,857 crore.
Key Factors
Earnings miss largely owing to weak retail performance.
Retail Ebitda margin at 7.06%-lowest in last 13 quarters.
Net profit growth better compared to Ebitda growth owing to higher other income.
Other income up 10% to Rs 4,914 crore.
O2C segment to report growth on better refining and weaker INR, partly offset by weak petchem.
Retail Ebitda growth weak due to high base, JioMart Quick Commerce losses, and demerger of Reliance Consumer Products.
High base as this year festive season was split between Q2FY26 and Q3FY26 versus being in Q3FY25 last year.
Oil and Gas exploration Ebitda down owing to lower realisation and volumes.
Net debt eased to Rs 1,17,102 crore versus Rs 1,18,545 crore QoQ.
Reliance Jio Q3FY26 Review (Inline)
Revenue: Up 3% to Rs 32,751 crore versus Rs 31,857 crore.
Ebitda: Up 2.7% to Rs 17,744 crore versus Rs 17,275 crore.
Ebitda margin: At 54.2% versus 54.2%.
Net profit: Up 3% to Rs 7,173 crore versus Rs 6,972 crore.
ARPU: Up 1.1% to Rs 213.7 versus Rs 211.4.
Subscribers: At 51.5 crore versus 50.6 crore.
Key Factors
Growth supported by tariff hikes taken earlier and subscriber additions.
ARPU grows for sixth consecutive quarter, but growth is the slowest as impact of tariff hike weans off.
ARPU growth owing to upgradation and higher data consumption.
Data consumption on network increased 6.7% QoQ.
Tech Mahindra Q3FY26 (Consolidated QoQ)
5 Key Takeaways
Numbers beat estimates; profits miss estimates by large.
9th consecutive quarter of margin expansion, on track to 15% guidance by FY27.
CC growth at 1.7% versus 1.6% in Q2.
BFSI fell the most, down 6.2% QoQ; Communications is up 2.8%.
Marks highest quarterly deal booking in last 5 years at $1,096 million, up 34% QoQ.
Financials
Revenue: Up 2.84% at Rs 14,393.2 crore versus Rs 13994.9 crore (Est: Rs 14,160.39 crore).
Ebit: Up 11.33% at Rs 1,891.9 crore versus Rs 1,699.3 crore (Est: Rs 1,768.97 crore).
Ebit margin: Up 100 bps at 13.14% versus 12.14% (Est: 12.49%).
Net profit: Down 6.06% at Rs 1,122 crore versus Rs 1,194.5 crore (Est: Rs 1,372.90 crore).
Banking Sector Highlights
HDFC Bank
Gross NPA flat at 1.24% QoQ; Net NPA flat at 0.42% QoQ.
NII up 6.3% at Rs 32,615 crore YoY.
Operating Profit up 8% at Rs 27,098 crore YoY.
Provisions down 18% at Rs 2,838 crore versus Rs 3,501 crore QoQ.
Net Profit up 11.5% at Rs 18,654 crore versus Rs 16,736 crore YoY.
Sees incremental impact of Rs 800 crore due to new labour codes.
Core net interest margin was at 3.35%.
ICICI Bank
Profit misses estimates; Asset quality steady; Provisions elevated.
NII up 7.7% at Rs 21,932 crore YoY; NIM flat at 4.30%.
Operating Profit up 3% at Rs 17,356 crore YoY.
Provisions at Rs 2,556 crore versus Rs 914 crore QoQ.
Gross NPA at 1.53% versus 1.58% QoQ; Net NPA at 0.37% versus 0.39% QoQ.
Net Profit down 4% at Rs 11,318 crore versus Rs 11,792 crore YoY.
Total advances up 11.5% YoY to Rs 14.66 lakh crore; Deposits up 9.2% YoY to Rs 16.59 lakh crore.
UCO Bank
Provisions down 10.7% at Rs 525 crore versus Rs 588 crore QoQ.
Operating Profit up 6% at Rs 1,680 crore YoY.
Net NPA at 0.36% versus 0.43% QoQ; Gross NPA at 2.41% versus 2.56% QoQ.
Net Profit up 15.8% at Rs 740 crore YoY.
Yes Bank
PAT aided by lower provisions; Stable asset quality.
NII up 11% at Rs 2,466 crore YoY.
NIM improved 10 bps at 2.6% versus 2.5% QoQ.
Operating Profit up 14.3% at Rs 1,234 crore YoY.
Provisions down 95% at Rs 21.9 crore versus Rs 419 crore QoQ.
Net Profit up 55.4% at Rs 952 crore versus Rs 612 crore YoY.
CASA Ratio at 34.0% versus 33.7% in Q2FY26.
RBL Bank
NIM improved 12 bps at 4.63% versus 4.51% QoQ.
NII up 4.6% at Rs 1,657 crore YoY.
Operating Profit down 8.4% at Rs 912 crore YoY.
Net Profit at Rs 214 crore versus Rs 32.6 crore YoY.
Gross NPA at 1.88% versus 2.32% QoQ.
IDBI Bank
Net Profit up 1.4% at Rs 1,935 crore YoY.
Gross NPA at 2.57% versus 2.65% QoQ.
NII down 24% at Rs 3,210 crore YoY.
Provision write-back of Rs 542 crore versus Rs 653 crore QoQ.
Punjab and Sind Bank
NII up 5.1% at Rs 986 crore YoY.
Gross NPA at 2.60% versus 2.92% QoQ.
Net Profit up 19.3% at Rs 336 crore YoY.
Additional Earnings (Consolidated YoY)
- Himadri Speciality: Revenue up 3.8% at Rs 1,184 crore; Net Profit up 35.3% at Rs 192 crore; Margin at 20.5%.
- JB Chemicals: Revenue up 10.5% at Rs 1,065 crore; Net Profit up 21.8% at Rs 198 crore; Margin at 27.8%.
- Tata Tech: Revenue up 3.2% at Rs 1,366 crore; Net Profit down 96% at Rs 6.6 crore (saw one-time cost of Rs 164 crore).
- Jindal Saw: Revenue down 6.2% at Rs 4,943 crore; Net Profit down 49.1% at Rs 258 crore.
- Kesoram Industries: Revenue down 1.1% at Rs 64.8 crore; Net Profit at Rs 6 crore versus loss of Rs 69.2 crore.
- JSW Infra: Revenue up 14.2% at Rs 1,350 crore; Net Profit up 8.9% at Rs 359 crore.
- Sobha: Revenue down 23% at Rs 9,431 crore; Net Profit down 28.9% at Rs 154 crore.
- SML Mahindra: Revenue up 62.5% at Rs 539 crore; Net Profit at Rs 17.5 crore versus Rs 53 lakh.
- Indosolar: Revenue up 93.7% at Rs 199.5 crore; Net Profit at Rs 41.5 crore.
- L&T Finance: Total Income up 11.6% at Rs 4,581 crore; Net Profit up 17.9% at Rs 739 crore.
- JK Cement: Revenue up 18% at Rs 3,463 crore; Net Profit down 7.9% at Rs 175 crore.
- Netweb Tech (QoQ): Revenue at Rs 805 crore versus Rs 304 crore; Net Profit at Rs 73.3 crore.
- Rossari Biotech: Revenue up 13.4% at Rs 582 crore; Net Profit up 3.2% at Rs 32.7 crore.
- Can Fin Homes: NII up 22% at Rs 421 crore; Net Profit up 24.8% at Rs 265 crore.
Earnings In Focus
LTIMindtree, BHEL, Ceat, Bansal Wire, Hatsun Agro Products, Havells, Hindustan Zinc, IRFC, Oberoi Realty, PNB, Tips Music, Atlanta Electricals.
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