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

HDFC Life clocked a standalone profit of Rs 415 crore for the quarter ended December.

<div class="paragraphs"><p>(Image source: Envato)</p></div>
(Image source: Envato)
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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.
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Q3 Results Live: Authum Investment Profit Falls 10%

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.


Q3 Results Live: Oracle Sees Fall In Net Profit

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.


Q3 Results Live: CEAT Profit In Line With Expectations

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.


Q3 Results Live: CEAT Reports Nearly 47% Decline In Net Profit

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.


Q3 Results Live: CEAT Shares Ended Positive Ahead Of Results

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.

























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