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Q3 Results Updates: CEAT, Oracle Profit Declines; Punjab & Sind Bank Profit Up Over Twofold

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Q3 Results Updates: CEAT, Oracle Profit Declines; Punjab & Sind Bank Profit Up Over Twofold
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1 year ago
It will be another busy day in the earnings season with multiple companies slated to release their financial statements for the October-December quarter on Wednesday. Oracle Financial Services Software Ltd., HDFC Life Insurance Co. and Ceat Ltd. are among the top names that will announce their earnings for the third quarter on Wednesday.
Jan 15, 2025 21:04 (IST)
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Authum Investment & Infrastructure Q3 Highlights (Cons, YoY)

  • Revenue down 10.8% to Rs 616.94 crore versus Rs 691.39 crore.

  • Net profit down 10% to Rs 539.41 crore versus Rs 601.36 crore.

Jan 15, 2025 20:41 (IST)
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Oracle Financial Services Software Q3 Highlights (Cons, QoQ)

  • Revenue up 2.5% to Rs 1,715 crore versus Rs 1,674 crore.

  • Ebitda down 4.9% to Rs 697 crore versus Rs 733 crore.

  • Margin at 40.6% versus 43.8%.

  • Net profit down 6.3% to Rs 541 crore versus Rs 578 crore.

Jan 15, 2025 20:25 (IST)
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CEAT saw a consolidated profit of Rs 97 crore for the quarter ended December, which is largely in line with street expectations. Analysts polled by Bloomberg had expected the bottom line of CEAT at Rs 102 crore.

Jan 15, 2025 20:01 (IST)
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CEAT Q3 Highlights (Cons, YoY)

  • Revenue up 11.4% to Rs 3,300 crore versus Rs 2,963 crore.

  • Ebitda down 18.3% to Rs 341 crore versus Rs 417 crore.

  • Margin at 10.3% versus 14.1%.

  • Net profit down 46.5% to Rs 97 crore versus Rs 181 crore.

Jan 15, 2025 19:22 (IST)
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CEAT Ltd.'s share price ended 0.76% higher at Rs 3,067.05 apiece, as compared to a 0.16% advance in the benchmark NSE Nifty 50, ahead of their Q3 results on Wednesday.

Jan 15, 2025 18:44 (IST)
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Punjab & Sind Bank Q3 Highlights (Cons, YoY)

  • Gross NPA at 3.83% versus 4.21% (QoQ).

  • Net NPA at 1.25% versus 1.46% (QoQ).

  • Net profit at Rs 282 crore versus Rs 114 crore.

  • NII up 27% At Rs 939 crore versus Rs 739 crore.

Jan 15, 2025 18:22 (IST)
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Aeroflex Industries Q3 Highlights (Cons, YoY)

  • Revenue up 36.4% to Rs 100 crore versus Rs 73 crore.

  • Ebitda up 56.5% to Rs 22 crore versus Rs 14 crore.

  • Margin at 21.64% versus 18.85%.

  • Net profit up 68.3% to Rs 15 crore versus Rs 9 crore.

Jan 15, 2025 18:22 (IST)
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Waaree Renewable Technologies Q3 Results: Date, Time, Interim Dividend Details And More

Jan 15, 2025 17:46 (IST)
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The competitive intensity has shifted, with lower levels of irrational pricing observed. The mix in unit-linked products has increased by 4-5%, and the overall mix between unit-linked and non-participating products remains balanced, said CFO Niraj Shah.

However, annuities are still experiencing some irrational and unsustainable pricing, prompting a calibrated approach to growth in this segment. Pricing in non-par savings has been competitive, while changes in surrender values and listing pressures are contributing to greater pricing rationality in the market, he added.

Jan 15, 2025 17:32 (IST)
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The company expects to achieve an 18% growth in APE and a 15% growth in VNB for FY25, continuing to gain market share and outpace both private peers and the industry, said Niraj Shah, executive director and chief financial officer of HDFC Life to NDTV Profit.

Jan 15, 2025 17:10 (IST)
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RIL Q3 Results Preview: Better O2C, Retail Business To Boost Earnings

Jan 15, 2025 16:58 (IST)
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Here are the results of HDFC Life's performance in the third quarter of this fiscal.

Jan 15, 2025 16:46 (IST)
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HDFC Life Insurance Co Q3 Highlights (YoY)

  • Value of new business up 14% at Rs 2,586 crore.

  • Margin at 26.1% versus 24.3% (QoQ).

  • Assets under management stands at Rs 3.3 lakh crore as of Dec. 31, 2024.

Jan 15, 2025 16:34 (IST)
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"In tech, we grew by 11% sequentially driven by ramp ups in medtech, hyperscalers and communication providers where we leveraged our SWC capabilities. Sustainability grew by 4% sequentially helped by plant modernisation and automation demand," said Chief Executive Officer and Managing Director Amit Chadha.

Source: Press Release

Jan 15, 2025 16:23 (IST)
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Take a look at the financial performance of L&T Technological Services Ltd. for the quarter ended December.

Jan 15, 2025 16:05 (IST)
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HDFC Life Insurance Co Q3 Highlights (YoY)

  • Net premium income up 10% to Rs 16,771 crore versus Rs 15,235 crore.

  • Net profit up 13.7% at Rs 415 crore versus Rs 365 crore.

  • Solvency Ratio at 188% versus 181% (QoQ).

  • 61st month persistency improves to 57.8% from 51.1%.

  • 13th month persistency falls to 81.9% from 83.4%.

Jan 15, 2025 15:56 (IST)
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L&T Technological Services Q3 Highlights (Cons, QoQ)

  • Revenue up 3.1% to Rs 2,653 crore versus Rs 2,572.9 crore.

  • Ebitda up 9% to Rs 421.9 crore versus Rs 387.7 crore.

  • Margin at 15.9% versus 15.1%.

  • Net profit flat at Rs 319.50 crore versus Rs 320 crore.

Jan 15, 2025 14:55 (IST)
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IT services firm Tech Mahindra Ltd. is among the many companies slated to announce their financial results for the October-December quarter this week. 

Tech Mahindra is slated to announce its Q3 results on Friday, Jan. 17, the company said in a press release. After the release of the Q3 financial results, Tech Mahindra will hold an earnings conference call, where the management will talk about the performance. This will be held between 6 p.m. and 7 p.m. on Jan. 17.

“Following the release, a conference call will be hosted between 6:00 p.m. to 7:00 p.m. (IST) on 17, Jan. 2025 where the company’s management will discuss the performance for the said period, followed by a Q&A session,” the press release said.

Jan 15, 2025 14:52 (IST)
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Bank of Maharashtra Q3 Highlights

  • Gross NPA at 1.80% versus 1.84% (QoQ).

  • Net NPA flat at 0.20% (QoQ).

  • NII up 19% at Rs 2,943 crore versus Rs 2,466 crore (YoY).

  • Net profit up 36% at Rs 1,406 crore versus Rs 1,036 crore (YoY).

Jan 15, 2025 14:13 (IST)
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Ceat Ltd.'s net profit declined 42% year-on-year in the July–September quarter of the current financial year.

The tyre manufacturer posted a profit of Rs 121.5 crore in the quarter ended Sept. 30. In the year-ago period, the company posted a profit of Rs 207.7 crore, according to an exchange filing.

Ceat's revenue during the quarter under review rose 8.2% to Rs 3,304.5 crore from Rs 3,053.3 crore in the corresponding quarter of the previous fiscal. The earnings before interest, taxes, depreciation and amortisation fell to Rs 362.3 crore, whereas the Ebitda margin contracted to 11% from 14.9%.

"This quarter marks our highest revenue ever, driven largely by robust performances in our replacement and international sectors," Chief Executive Officer Arnab Banerjee said. "While there's a significant increase in the commodity prices, our margins got impacted during the quarter."

Jan 15, 2025 13:33 (IST)
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Mukesh Ambani-led Reliance Industries Ltd. is scheduled to declare its financial results for the quarter ended December 2024 soon.

Reliance Industries in a stock exchange filing on Jan. 9 said that its board of directors will meet on Thursday, Jan. 16 to consider and approve the financial results for the October-December quarter of FY25.

It further mentioned that a presentation to the media and analysts will also be made available after the board meeting ends.

"A presentation to the analysts and media on financial results of the company for the quarter and nine months ended Dec. 31, 2024, shall be made on the same day after the meeting," the company said.

Jan 15, 2025 13:18 (IST)
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Maharashtra Scooters Q3 Highlights (YoY)

  • Revenue down 9.1% to Rs 5.79 crore versus Rs 6.37 crore.

  • Ebitda up 238% to Rs 4.09 crore versus Rs 1.21 crore.

  • Margin at 70.6% versus 19.0%.

  • Net profit up 230% to Rs 3.3 crore versus Rs 1 crore.

Jan 15, 2025 12:59 (IST)
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HDFC AMC Share Price Rises As Analysts Maintain Buy Calls On Upbeat Q3 Earnings

Jan 15, 2025 12:53 (IST)
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Infosys Q3 Results: Date, Time, Earnings Call Details And How To Watch Press Conference Live

Jan 15, 2025 12:42 (IST)
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Jan 15, 2025 12:25 (IST)
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Adani Green Energy 9-Month Highlights (YoY)

  • Operational capacity up 37% to 11,609 MW.

  • Greenfield addition at 2,693 MW solar and 438 MW wind power.

  • Sale of energy up 23% to 20,108 million units.

  • Solar portfolio CUF at 23.5%, backed by 99.4% plant availability.

  • Wind portfolio CUF at 29.2%, backed by 95% plant availability.

  • Hybrid portfolio CUF at 39.8%, backed by 99.7% plant availability.

Jan 15, 2025 12:23 (IST)
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L&T Tech, Oracle, Ceat Q3 Results Today — Earnings Estimates

Jan 15, 2025 11:29 (IST)
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Stock Market Live: Nifty Trades Above 23,200 As NTPC, Maruti Suzuki Lead; Sensex Rises Over 300 Points

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