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Q3 Results Updates: Network18 Media's Loss Widens, Shoppers Stop Profit Surges

HDFC AMC is likely to clock a net profit of Rs 629 crore and a revenue of Rs 949.4 crore for the quarter ended December.

<div class="paragraphs"><p>The lineup for the day includes the likes of HDFC Asset Management Co., Shoppers Stop Ltd. and Hathway Cable &amp; Datacom Ltd.   (Representative image. Source: Envato)</p></div>
The lineup for the day includes the likes of HDFC Asset Management Co., Shoppers Stop Ltd. and Hathway Cable & Datacom Ltd. (Representative image. Source: Envato)
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As the third quarter earnings season is underway, as many as 11 companies are slated to release their financial statements for the December 2024 quarter on Tuesday. The lineup for the day includes the likes of HDFC Asset Management Co., Shoppers Stop Ltd. and Hathway Cable & Datacom Ltd.
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Q3 Results Live: Network18 Media's Loss Widens

 Network18 Media & Investments Q3 Highlights (Consolidated, YoY)

  • Revenue down 23.3% at Rs 1,361 crore versus Rs 1,774 crore.

  • Net loss at Rs 1,400 crore versus Rs 102 crore.

  • Ebitda loss at Rs 21.6 crore versus loss of Rs 172 crore.


Q3 Results Live: Shoppers Stop Reports Spike In Net Profit

Shoppers Stop Q3 Highlights (Consolidated, YoY)

  • Revenue up 11.5% at Rs 1,379 crore versus Rs 1,237.5 crore.

  • Net profit up 42% at Rs 52 crore versus Rs 37 crore.

  • Ebitda up 13% at Rs 246 crore versus Rs 218 crore.

  • Ebitda margin at 17.8% versus 17.6%.


Q3 Results Live: Hathway Cable Net Profit Falls 39%

Hathway Cable And Datacom Q3 Highlights (Consolidated, YoY)

  • Revenue up 1.3% at Rs 511 crore versus Rs 505 crore.

  • Net profit down 39% at Rs 13.6 crore versus Rs 22.4 crore.

  • Ebitda up 1.2% at Rs 83.1 crore versus Rs 82.1 crore.

  • Ebitda margin at 16.3% versus 16.26%.


Q3 Results Live: Markets Snap Four-Day Fall

The NSE Nifty 50 and BSE Sensex snapped a four-day declining streak on Tuesday, tracking a rise in HDFC Bank Ltd. and State Bank of India. The benchmark also posted their best session in over a week.

The Nifty 50 ended 121.65 points or 0.53% higher at 23,207.60, and the Sensex ended 169.62 points or 0.22% higher at 76,499.63.


Q3 Results Live: Shoppers Stop Shares End Higher Ahead Of Results

Shares of Shoppers Stop Ltd. ended 3.25% up at Rs 625 apiece on the NSE, ahead of their Q3 performance announcement, as compared to a 0.39% advance in the Nifty 50.











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