Q3 Results Today: TCS, IREDA, Tata Elxsi Among Nine Companies To Declare Quarterly Earnings On Jan. 9
The newly-listed Yash Highvoltage Ltd. will also post its quarterly results—the first since its market debut—on Thursday.
The earnings season is beginning to take shape with listed companies set to declare their financial results for the quarter that ended on Dec. 31, 2024. As many as nine companies including Tata Consultancy Services Ltd., Indian Renewable Energy Development Agency Ltd., and Tata Elxsi Ltd. will declare their third quarter results on Thursday.
The newly-listed Yash Highvoltage Ltd. will also post its quarterly results—the first since its market debut—on Thursday
Before these companies declare their results, here is a look at how they fared in the last quarter.
TCS Quarterly Results
TCS, India's largest IT services provider, reported a 2.6% sequential growth in revenue at Rs 64,259 crore in the September quarter of the current fiscal. During the same period, the company's profit declined by 1.1% to Rs 11,909 crore.
TCS Q2 FY25 Results Highlights (QoQ)
Revenue rose 2.6% at Rs 64,259 crore.
Ebit increased 0.2% to Rs 15,469 crore.
Margin expanded by 50 basis points to 24.1%.
Net profit fell 1.1% to Rs 11,909 crore.
IREDA Quarterly Results
IREDA reported a net profit of Rs 388 crore for the three months ending September 2024, marking a 36% increase compared to the same period last year. The company's revenue during the same period grew by 38% year-on-year to Rs 1,630 crore.
IREDA Q2 FY25 Results Highlights (YoY)
Revenue from operations rose 38% to Rs 1,630 crore from Rs 1,177 crore.
Net profit climbed 36% to Rs 388 crore from Rs 285 crore.
Loan disbursements rose to Rs 9,787 crore, a 56% increase from Rs 6,273 crore.
Tata Elxsi Quarterly Results
Design and technology services provider Tata Elxsi had posted a 24.7% sequential jump in net profit to Rs 229.4 crore in the quarter ended September 2024.
The company's revenue from operations during the quarter stood at Rs 955 crore, up 3.1% from Rs 926.4 crore reported in the June quarter.
Tata Elxsi Q2 FY25 Results Highlights (QoQ)
Net profit rose 24.7% to Rs 229.4.
Revenue rose 3.1% to Rs 926.4 crore.
EBIT increased 5.8% to Rs 239 crore.
EBIT margin improved by 60 basis points to 25%.
Full List Of Companies Declaring Q3 Results On Jan. 9
Here is the full list of companies announcing their quarterly results on Thursday:
TCS
IREDA
Tata Elxsi
Yash Highvoltage
GTPL Hathway Ltd.
Mishka Exim Ltd.
Padam Cotton Yarns Ltd.
Teamo Productions HQ Ltd.
Vivo Bio Tech Ltd.
