Page 8 - Q3 Results

Q3 results: PSBs' net profit jumps 66% on healthy interest margins

Other income rises in Q3 against contraction in Q2

IndiGo Q3: Focus on international destinations lifts outlook, say analysts

IndiGo's international business during the quarter stood at 105 per cent compared to pre-Covid levels

Muthoot Finance consolidated net dips 11% YoY to Rs 934 crore in Q3

Total income declines 4% to Rs 3,030 crore, loan assets grow 7% tp Rs 65,000 cr

EaseMyTrip Q3 profit rises 4% YoY at Rs 41.7 cr, revenue increases 58%

Air tickets and hotel booking businesses do well to help volumes, says online travel firm

Tata Steel slips into red; posts Rs 2,501 cr loss in Q3 on higher expenses

Steel major Tata Steel on Monday reported a consolidated net loss of Rs 2,501.95 crore in the quarter ended on December 31, 2022, on account of higher expenses. The company had posted a net profit of Rs 9,598.16 crore in the year-ago period, according to a regulatory filing. Total income on a consolidated basis fell to Rs 57,354.16 crore in the October-December quarter from Rs 60,842.72 crore earlier. The company's expenses rose to Rs 57,172.02 crore in the quarter under review from Rs 48,666.02 crore in the year-ago period. Tata Steel Group is among the top global steel companies with an annual capacity of 34 MT.

Sensex snaps 5-day winning run, dips 335pts; Vi jumps 20%, Adani Ports 8.5%

CLOSING BELL: Among sectors, the Nifty Metal index fell 2.2 per cent, followed by the Nifty IT index (down 0.6 per cent), and the Nifty Bank index (down 0.3 per cent)

Easy Trip Planners Q3 net profit rises 4.1% to Rs 41.7 cr, revenue jumps

Online travel service provider Easy Trip Planners Ltd on Monday reported a 4.16 per cent rise in consolidated net profit to Rs 41.7 crore for the third quarter ended December 2022. The company had posted a consolidated net profit of Rs 40.03 crore in the corresponding quarter of the last fiscal, Easy Trip Planners, which operates under the brand EaseMyTrip, said in a regulatory filing. Its consolidated revenue from operations during the period under review stood at Rs 136.15 crore against Rs 86.56 crore in the year-ago period, it added. The growth was driven by strong volume growth in the flight and hotels segment, the company said. The company's total expenses in the third quarter were higher at Rs 82.6 crore compared to Rs 35.93 crore in the same period previous fiscal. Air segment clocked revenue of Rs 111.57 crore during the quarter against Rs 86.13 crore in the year-ago period, while hotel packages revenue stood at Rs 23.7 crore, the company said.

Airtel's Q3 revenue may rise 20% YoY; Vi could face 6 mn subscriber exits

Telecom major Bharti Airtel is likely to report up to 19.7 per cent year-on-year (YoY) growth in revenue to Rs 35,750 crore in the December quarter (Q3FY23), pegged analysts

Chaman Lal Setia Exports zooms 17% on strong Q3 operational performance

EBITDA margin increased by 430 bps to 14.5 per cent compared to 10.2 per cent last year on account of superior realisation and moderation in the freight cost.

M&M Financial hits highest level since Mar 2020, soars 10% post Q3 results

Mahindra Finance is benefitting from the healthy sectoral tailwinds and its parent Mahindra & Mahindra's strong recovery in auto volumes.

ITC gains 2% to hit a new high on strong Q3 results; stock up 13% in a week

Given tax increase in the Budget 2023 is insignificant, ITC would continue to witness strong volume growth in cigarette business in future, said analysts

Infosys fires 600 freshers after they fail internal assessment: Report

This comes at a time when hundreds of freshers are waiting for their joining dates at Infosys even though they received the offer letter months ago

Birla Corporation posts Q3 loss of Rs 49.91 cr on higher production cost

On a comparable basis, Birla Corporation said, consolidated revenue was up by 9 per cent year-on-year (YoY).

RBI rate decision, Q3 earnings to drive market trends this week: Analysts

Equity markets' focus will shift to the RBI interest rate decision scheduled this week, with investors also tracking the ongoing third quarter earnings, global trends and foreign fund trading activity, for further cues, analysts said. Brent crude oil prices and rupee-dollar movement would also drive the trends in the market. "The direction of the US market will be closely watched, but the flow of FIIs will be crucial because they have been selling heavily in the Indian market since the beginning of 2023, and it has intensified following the Adani Group crisis. "This week will see the release of Q3 earnings from companies such as Bharti Airtel, Hero MotoCorp, Hindalco and Mahindra & Mahindra as well as macroeconomic data from the United States. RBI policy, whose outcome is scheduled for February 8, will be a critical domestic event," said Pravesh Gour, Senior Technical Analyst, Swastika Investmart Ltd. Adani Group stocks have taken a beating on the bourses after the US-based ...

Fertilisers and Chemicals Travancore's Q3 net up two-fold to Rs 165.79 cr

Profit and turnover for the corresponding nine months of the previous year was Rs 119.84 crore and Rs 2,732.25 crore, respectively

MCX Q3 net profit rises 12.56% to Rs 38.79 cr, income up to Rs 163.65 cr

Leading commodity bourse MCX on Saturday posted a 12.56 per cent rise in its consolidated net profit to Rs 38.79 crore for the third quarter ended December 2022. Its net profit stood at Rs 34.46 crore during the same quarter of the previous fiscal, according to a regulatory filing. The company's total income rose on a consolidated basis to Rs 163.65 crore in the December 2022 quarter from Rs 104.06 crore in the year-ago period. MCX largely offers derivatives in the non-commodity segment.

JK Tyre and Industries' Q3 profit up 24%, income rises 17% to Rs 3,622 cr

The company's total income during the quarter was seen up by 17 per cent to Rs 3,622.62 crore, as against Rs 3,083.95 crore during the third quarter of 2021-22

Distribution helps Tata Power log over two-fold rise in Q3 net to Rs 945 cr

The company's consolidated earnings before interest tax depreciation and amortisation (Ebitda) grew 53 per cent versus last year to Rs 3,816 crore

Divi's Labs stock tanks 12% on big miss in Q3; near-term trend 'bearish'

Analysts' average price target of Rs 3,862, however, indicates significant upside. The near-term trend remains bearish

Bank of Baroda Q3 net up 75%; exposure to Adani Group well below RBI cap

Bank management says, exposure to Adani Group well below the ceiling prescribed by RBI under large exposure framework