Q3 Results Today: Tata Tech, South Indian Bank, Cyient DLM Among 30+ Companies To Declare Quarterly Results

Q3 Results Today: The earnings season is in full swing and as many as 32 companies will declare their financial results for the October-December quarter on Tuesday, Jan. 21.

Tata Technologies, KEI Industries, PNB Housing Finance, Aditya Birla Real Estate and UCO Bank are some of the major companies that will announce their Q3 results today.

Here is the full list of companies declaring Q3 results on Jan. 21.

Aditya Birla Real Estate Ltd., Ashirwad Capital Ltd., Bacil Pharma Ltd., Cyient DLM Ltd., Dalmia Bharat Ltd., Eimco Elecon (India) Ltd., Eureka Industries Ltd., High Energy Batteries (India) Ltd., ICICI Prudential Life Insurance Company Ltd., Indbank Merchant Banking Services Ltd., Ind Bank Housing Ltd., India Cements Ltd., IndiaMART InterMESH Ltd., Indoco Remedies Ltd., Jana Small Finance Bank Ltd., KEI Industries Ltd., Ken Financial Services Ltd., Manorama Industries Ltd., Nexus Surgical and Medicare Ltd., Onward Technologies Ltd., PMC Fincorp Ltd., PNB Housing Finance Ltd., Prime Securities Ltd., Rossari Biotech Ltd., SI Capital & Financial Services Ltd., South Indian Bank Ltd., Swasti Vinayaka Art and Heritage Corporation Ltd., Tanla Platforms Ltd., Tata Technologies Ltd., UCO Bank, V.B. Desai Financial Services Ltd. and Sanmitra Commercial Ltd.

Tata Technologies reported a 2.1% year-on-year increase in its consolidated revenue from operations at Rs 1,296.5 crore for the quarter ended Sept. 30, 2024. However, its net profit declined by 1.9% YoY to Rs 157.4 crore.

• Net profit plunged 1.9% to Rs 157.4 crore vs Rs 160.4 crore

• Revenue up 2.1% at Rs 1,296.5 crore vs Rs 1,269.2 crore

• Ebit up 9.3% at Rs 205.6 crore vs Rs 188.2 crore

• Ebit margin expanded to 15.9% vs 14.8%

Electrical wires and cables manufacturer KEI Industries reported a profit of Rs 155 crore for the quarter ended Sept. 30, 2024,  compared to Rs 140.2 crore in the same period a year ago. KEI Industries' revenue from operations increased 17% to Rs 2,280 crore, up from Rs 1,945 crore in the corresponding quarter of the previous fiscal.

• Revenue jumped 17% to Rs 2,280 crore vs Rs 1,945 crore

• Net profit up 11% to Rs 155 crore vs Rs 140 crore

• Ebitda increased 9% to Rs 221 crore vs Rs 202 crore

• Margin fell to 9.7% vs 10.4%

PNB Housing Finance reported a net profit of Rs 470 crore in Q2, marking a 23% increase year-on-year, driven by improved asset quality. The net interest income (NII) rose by 1.2% year-on-year, reaching Rs 669 crore.

• Net profit rose 23% to Rs 470 crore vs Rs 383 crore

• Net Interest income up 1.2% Rs 669 crore vs Rs 661 crore

• Gross NPA at 1.24% vs 1.78%

• Net NPA improved to 0.84% vs1.19%

Paytm Q3 Results: Paytm’s parent company One97 Communications reported a net loss of Rs 208.3 crore in the October-December quarter, marking an improvement from a year-ago period. The company had reported a net profit of Rs 221.7 crore in the December quarter of FY24.  Revenue for the period increased 10.1% YoY to Rs 1,828 crore.

Zomato Q3 results: Food and grocery delivery major Zomato’s net profit plunged 66% sequentially  to Rs 59 crore in Q3 as compared to Rs 176 crore in Q2, missing analysts’ estimates. Revenue, however, improved 12.6% to Rs 5,045 crore as compared to Rs 4,799 crore quarter-on-quarter.