05:11:53 PM IST, 25 January 2024
Adani Power Q3 Results: Cons PAT at Rs 2738 cr vs Rs 9 cr YoY
Revenue: Rs 13143 cr vs Rs 7602 cr, up 73% YoY
04:44:26 PM IST, 25 January 2024
Tata Tech Q3 Results Live Updates: PAT at Rs 170 cr vs Rs 160 cr, up 6% QoQ
- Revenue: Rs 1289 cr vs Rs 1269 cr, up 1.6% QoQ
- EBIT: Rs 290 cr vs Rs 188 cr, up 11% QoQ
- Cons Margin: 16.2% vs 14.8% QoQ
04:10:45 PM IST, 25 January 2024
Vedanta Q3 Results Live Updates: Revenue at Rs 35,541 cr vs Rs 38,945 cr, down 9% QoQ
-EBITDA: Rs 8531 cr vs Rs 11,479 cr, down 26% QoQ
-Cons margin 24% vs 29.5%
03:28:04 PM IST, 25 January 2024
JSW Steel Q3 Results: Cons PAT soars 5x YoY to Rs 2,415 crore, beats estimates
Consolidated revenue from operations rose 7.2% year-on-year (YoY) to Rs 41,940 crore but trailed estimate of Rs 42,527 crore.
03:27:34 PM IST, 25 January 2024
Q3 Results Live Updates: JSW Steel production & sales summary
03:26:45 PM IST, 25 January 2024
JSW Steel Q3 results LIVE Updates | Consolidated Performance Highlights
- Crude Steel Production: 6.87 million tonnes
- Saleable Steel Sales: 6.00 million tonnes
- Revenue from Operations: 41,940 crores
- Operating EBITDA: Rs 7,180 crores
- Net Profit after Tax: 2,450 crores
- Net Debt to Equity: 1.02x and Net Debt to EBITDA: 2.64x
- JSW Steel commits to achieve “Net Zero” carbon emissions by 2050
03:25:26 PM IST, 25 January 2024
Q3 Results Live Updates: JSW Steel stock trades marginally lower following Q3 show
03:21:55 PM IST, 25 January 2024
Q3 Results Live Updates:JSW Steel Q3 Results
- Revenue: Rs 41940 cr vs ET NOW poll of Rs 42527 cr
- EBIT: Rs 7180 cr vs ET NOW poll of Rs 6622 cr
- EBIT Margin: 17.1% vs ET NOW poll of 15.6%
03:21:26 PM IST, 25 January 2024
Q3 Results Live Updates: JSW Steel PAT at Rs 2415 cr vs ET NOW poll of Rs 1,719 cr
02:50:29 PM IST, 25 January 2024
Q3 Results Live Updates: SBI Life shares trade 3% lower following Q3 results
02:35:29 PM IST, 25 January 2024
Q3 Results Live Updates: Punjab National Bank Q3 Results
- PAT at Rs 2223 crore vs 629 crore YoY
- Interest earned Rs 27288 crore vs Rs 22384 crore YoY
- Provisions & Contingencies at Rs 2739 crore
- Provisions for NPAs at Rs 2994 crore
- Gross NPA at 6.24%
- Net NPA at 0.96%
02:31:34 PM IST, 25 January 2024
Q3 Results Live Updates | SBI LIFE Q3: PAT at Rs 322 crore vs Rs 304 crore YoY
02:10:48 PM IST, 25 January 2024
Q3 Results Live Updates: ACC Q3 revenue at Rs 4914 cr vs Rs 4537 cr YoY
02:09:42 PM IST, 25 January 2024
Q3 Results Live Updates: ACC Q3 cons PAT at Rs 538 crore vs Rs 113 crore YoY; stock surges 6%
02:06:57 PM IST, 25 January 2024
Q3 Results Live Updates: Equitas SFB slides nearly 4% as provisions rise
02:06:09 PM IST, 25 January 2024
Equitas Small Finance Bank Q3 PAT rises
- Profit at Rs 202 crore vs Rs 170 crore YoY
- Gross NPA at 2.53%
- Net NPA at 1.13%
- Interest earned Rs 1429 crore vs Rs 1063 crore
02:01:01 PM IST, 25 January 2024
Q3 Results Live Updates: DB Corp Q3 PAT rises
- PAT at Rs 124 crore vs Rs 48.28 crore YoY
- Revenue at Rs 645 crore vs Rs 566 crore YoY
- Stock down 1% post of Q3 results
01:59:05 PM IST, 25 January 2024
Q3 Results Live Updates: Vedant Fashions hits 5% upper circuit post Q3 results
01:58:22 PM IST, 25 January 2024
Q3 Results Live Updates: Indraprastha Gas Q3 PAT rises
- PAT at Rs 392 crore vs Rs 278 crore YoY
- Revenue at Rs 3926 crore vs Rs 4089 crore YoY
01:56:01 PM IST, 25 January 2024
Q3 Results Live Updates | Vedant Fashions Q3 Results: Consol profit at Rs 158 crore; stock jumps 4%
- Consol profit at Rs 158 cr versus Rs 150 cr
- consol revenue from operations at Rs 474 cr versus Rs 441 cr
01:30:14 PM IST, 25 January 2024
Q3 Results Live Updates: HPCL shares slide 5% following a sharp drop in QoQ PAT performance
01:29:54 PM IST, 25 January 2024
Q3 Results Live Updates: HPCL Q3 Results
- Q3 PAT at Rs 529 crore, down 90% QoQ
- Q3 Revenue at Rs 1.18 lakh crore, up 15% QoQ
- Company to pay Rs 15/share dividend
01:19:10 PM IST, 25 January 2024
Q3 Results Live Updates | Elecon Engineering Company Q3 Results: Cons net pat rises
- Consol net pat at Rs 90.4 cr versus profit at Rs 62.75 cr
- consol revenue from operations at Rs 474 cr versus Rs 389 cr
01:15:13 PM IST, 25 January 2024
Earnings Impact | TechM records worst slump in 3 years
- Shares of India’s Tech Mahindra fell as much as 6.3% to post their worst day in more than three years on Thursday after the company’s third-quarter profit missed estimates.
- The country’s fifth-largest IT services company on Wednesday reported a 60.6% slump in profit to 5.10 billion rupees ($61.4 million) for the three months ended Dec. 31, missing analysts’ estimate of 6.17 billion rupees, according to LSEG data.
01:10:23 PM IST, 25 January 2024
Q3 Results Live Updates: Adani Power, ACC trade higher ahead of Q3 results, HPCL falls
12:57:17 PM IST, 25 January 2024
Q3 Results Live Updates: Results preview of JSW Steel
Steel major JSW Steel is likely to see robust growth in both bottom line and topline figures on a year-on-year basis, but the sequential growth could be subdued. Profit for the third quarter may more than triple over previous year, according to an average estimate of five brokerages. On a sequential basis, the profit could decline up to 57%.
12:22:38 PM IST, 25 January 2024
Q3 Results Live Updates: What Axis Sec expects from SBI Life’s Q3 show
New business premiums to report steady growth QoQ. APE growth to remain robust QOQ, aided by NPAR and annuity products. VNB Margins likely to remain range bound between 28-29%.
12:00:21 PM IST, 25 January 2024
Q3 Results Live Updates | Share India Securities Q3 Results: Revenue growth of 35.1% YoY & PAT growth of 24.4% YoY
11:32:26 AM IST, 25 January 2024
Q3 Results Live Updates: What to expect from Vedanta’s Q3 earnings
In the last one year, the stock has corrected more than 20%, largely due to concerns over the company’s ability to service its large debt.
The company is seen reporting consolidated revenue of Rs 33,676-35,477 crore, according to estimates given by three brokerage firms. This is compared to a revenue of Rs 34,102 crore a year ago and Rs 34,184 crore a quarter ago.
Consolidated net profit of the company is seen between Rs 974 crore and Rs 1,589 crore, against a profit of Rs 1,229 crore a year ago, and a loss of Rs 1,226 crore a quarter ago.
11:18:01 AM IST, 25 January 2024
Q3 Results Live Updates: Centrum Broking on Ujjivan SFB earnings
Ujjivan SFB (Ujjivan) posted numbers for 3QFY24 which were in below our expectations. The PAT came in at Rs3,001mn, showing an increase of +2.3%/-8.4% YoY/QoQ vs. our expectations of Rs3,436mn. NII at Rs8.6bn, (+23% YoY /+4.4% QoQ) was exactly in line with our estimates. NIMs (calc) for the quarter came in at 10.7% a sequential dip of ~30bps. Therefore, Bank reported decent performance on NII front but higher opex (CTI for the quarter was sequentially higher at 56.2% vs. 52.2% in 2QFY24) led to disappointment. Resultantly, PPOP came at Rs4.6bn (+17.6% YoY/-5.4% QoQ). Credit cost came in sequentially at elevated levels (1.01% vs. 0.79% in 2QFY24). We marginally revise our earnings estimate downwards for FY24/FY25 to factor in above factors and maintain BUY with a revised TP of Rs64 (earlier TP of 65).
10:56:46 AM IST, 25 January 2024
Q3 Results Live Updates | Earnings Impact | Shares of TVS Motor Company shifted gears albeit on a downside as the stock fell 3.5% to the day’s low of Rs 1,932.45 on the NSE in the early trade after brokerages retained their rating on the stock despite December quarter earnings beating estimates. While Goldman Sachs and BofA retained a ‘Neutral’ stance, Kotak Institutional Equities reiterated its ‘Sell’ call. Meanwhile, Nuvama maintained a buy view expecting the company’s outperformance to continue.
10:51:50 AM IST, 25 January 2024
Q3 Results Live Updates: Adani Power, ACC among 2 Adani group stocks poised to post Q3 results today. Both companies trade higher even as the market sentiment remains weak
10:22:28 AM IST, 25 January 2024
Q3 Results Live Updates: JM Financial on Bajaj Auto stock post Q3 results
Bajaj Auto EBITDA margin at 20.1% was broadly in-line. 30bps bps sequential improvement was driven by higher operating leverage and cost reduction initiatives partially offset by unfavorable mix. Domestic 2W demand is being led by premium segment (125cc+). And, overall 2W industry is expected to grow by c.8-10%. Recently launched Triumph 400 has been received well and the near-term focus is on expanding capacity and dealer network. Outlook for domestic 3W volume remains strong led by higher CNG demand. In EV segment, the company is gradually ramping up production and distribution network for both E2Ws and E3Ws. While domestic demand remains healthy, exports sales are expected to witness gradual recovery owing to macro headwinds. Margins in the medium-term are likely to draw support from a) favorable mix and b) higher operating leverage. Given the successful track record of product intervention by BJAUT in the last few years, we remain positive on the stock. We estimate revenue / EPS CAGR of c.16%/c.21% over FY23-26E. Maintain BUY with Mar’25 TP of INR 7,700 (22x PE vs. 18x earlier). Delayed recovery in exports remains key risk to our estimates.
10:15:28 AM IST, 25 January 2024
Q3 Results Live Updates: Tata Technologies Ltd, which made an outstanding debut on Dalal Street, is set to release its earnings for the December quarter later today. The Street will eagerly look forward to it given that this will be the first earnings release by the Tata Group firm after listing last month.
The results of one of the largest steel makers, Tata Steel, came out with robust set of numbers in Q3FY24 mainly due to healthy domestic demand which was able to set off weak numbers from its European subsidiary. Although the steelmaker turned into profit, it missed market estimates. The rising coking coal prices acted as a dampener in the company’s performamce. However, the negative factors didn’t let Tata Steel outgrow its EBITDA which saw a significant growth of 52.7% on a YoY basis. The company’s all-around performance can be attributed to an uptick in steel prices amid strong demand fuelled by heavy infrastructure spending, but higher coking coal costs weighed on the gains. The company’s expansion is in line and we believe that once the pain of its subsidiaries in the western part is accounted, it will have a healthy financial performance in the long term. Additionally, the steel makers’ strategy of leveraging pan-India growth and branded presence will help them to grow at a faster pace in the high-margin business in the medium term. With the Automotive Infrastructure & Construction segments seeing continuous improvement and an increase in government spending, our outlook for the steelmaker remains positive.
– Shreyansh Shah, Research Analyst, StoxBox on Tata Steel results
10:12:48 AM IST, 25 January 2024
Q3 Results Live Updates: How Tata Steel, TechM and Bajaj Auto are trading after posting Q3 numbers on Wednesday
10:11:23 AM IST, 25 January 2024
Q3 Results Live Updates: Nifty50 constituents JSW Steel and SBI Life traded with cuts ahead of the Q3 results today
10:10:46 AM IST, 25 January 2024
Q3 Results Live Updates: 84 companies to post earnings today; here are key results to track
Street will also keeping a close track on the earnings of ACC, Adani Power, AU Small Finance Bank, Cyient, Equitas Small Finance Bank, Hindustan Petroleum Corporation (HPCL), Indian Energy Exchange, Indraprastha Gas Limited (IGL), KFIntech, Novartis India, SBI Cards and Payment Services, Tata Technologies, Vedanta Limited and Punjab National Bank (PNB).
