Q3 Results Updates: Asian Paints, Titan Profit Slips; Lemon Tree Hotels Profit Nearly Doubles

International business revenue increased 4% to Rs 397 crores. International formulations revenue decreased 4%. South Africa and branded generics exports grew, while US and Russia revenue declined.

CDMO business revenue grew 33% to Rs 118 crore. The fourth quarter order book is strong. API business revenue reached Rs 25 crores. Domestic and CDMO business revenue combined constitutes 70% of overall revenue for the nine months of fiscal 2025.

For a detailed look at the company's performance in the October-December period, click here.

Take a closer look at Tata Power's financial performance in the quarter ended December here.

Net profit for the company rose to Rs 62.5 crore in the three months through Dec. 31, 2024, according to its exchange filing on Tuesday. That compares with the Rs 65-crore consensus estimate of analysts tracked by Bloomberg.

Lemon Tree Hotels Q3 Estimates

• Revenue at Rs 355 crore versus estimate of Rs 343 crore.

• Ebitda at Rs 184 crore versus estimate of Rs 173 crore.

• Margin at 51.9% versus estimate of 50.4%.

• Net profit at Rs 62.5 crore versus estimate of Rs 65 crore.

Lemon Tree Hotels Co Q3 Highlights (Consolidated, YoY)

• Revenue up 22.4% to Rs 355 crore versus Rs 290 crore.

• Ebitda up 30.4% to Rs 184 crore versus Rs 141 crore.

• Margin at 51.9% versus 48.7%.

• Net profit up 76.5% to Rs 62.5 crore versus Rs 35.4 crore.

Sharda Motor Industries Q3 Highlights (Consolidated, YoY)

• Revenue flat at Rs 690 crore.

• Ebitda up 0.2% to Rs 95 crore versus Rs 94.3 crore.

• Margin flat at 13.7%.

• Net profit down 0.7% to Rs 75.4 crore versus Rs 76 crore.