Q3 Results 2025: ITC net profit at Rs 5,638 crore, announces dividend of Rs 6.50/share

UNO Minda announced that the company board declared an interim dividend at the rate of Rs 0.75 per equity share i.e. 37.50 per cent to the equity shareholders of the Company, as on the Record Date, for the Financial Year 2024-25. “In terms of Regulation 42 of the SEBI (LODR) Regulations 2015, the “Record Date” for the purpose of ascertaining the eligibility of shareholders for payment of the aforesaid interim dividend was fixed as Wednesday, February 12, 2025,” it said in a regulatory filing.

UNO Minda Ltd on Thursday released its fiscal third quarter earnings report with profit at Rs 232.56 crore, up 20.21 per cent in comparison to Rs 193.46 crore during the corresponding quarter of FY24. It posted revenue from operations at Rs 4183.99 crore, reporting a growth of 18.77 per cent as against Rs 3522.91 crore during the third quarter of previous financial year.

With Britannia Industries all set to release its Q3 results today, Axis Securities said that the company is expected to report 5.5 per cent YoY revenue growth (5 per cent volume growth vs. ⅞ per cent in Q1/Q2) impacted by price hikes and anniversarization of price cuts taken last year. EBITDA margin is expected to decline on account of high inflation and weak operating leverage. In terms of key monitorables, Axis Securities said that investors will look out for commentary on urban/rural demand environment, RM cost outlook and market share trends.

According to a CNBC TV18 poll, Britannia is expected to post Q3 profit at Rs 534 crore and revenue for the quarter is estimated at Rs 4502 crore.

Bharat Dynamics said that the company board has declared an interim dividend for FY25 at Rs 4 per share of the face value of Rs 5 each. “The Company has fixed 14 February, 2025 as Record Date for the purpose of payment of Interim Dividend on equity shares for the Financial Year 2024-25,” it said in a regulatory filing.

Bharat Dynamics Ltd on Thursday released its fiscal third quarter earnings report with profit at Rs 147.13 crore, posting a growth of 8.96 per cent in comparison to Rs 135.03 crore recorded during the corresponding quarter of FY24. It posted revenue from operations at Rs 832.14 crore, up 38.32 per cent as against Rs 601.62 crore reported during the third quarter of previous financial year. The company EBITDA stood at Rs 127 crore, up 7 per cent YoY.

Titan Company (TTAN) posted consolidated sales growth of 25% YoY in Q3FY25 (in line). Standalone jewelry sales (excl. bullion) rose 26% YoY, driven by strong festive demand, higher gold prices, and a 29% surge in wedding purchases. Studded jewelry grew 21% YoY, though its mix declined by 100bp YoY to 23%. The non-solitaire segment saw healthy double-digit growth, while solitaire sales remained subdued. Net jewelry store additions stood at 46 in Q3, bringing the total count to 1,055. Standalone Jewelry LFL growth was 22%, and CaratLane posted a robust 25% YoY growth. Motilal Oswal Financial Services said, “We model a CAGR of 17%/19%/22% in revenue/EBITDA/PAT during FY25-27E. TTAN’s valuation is rich, but it offers a long runway for growth with a superior execution track record.”

InCred Equities said, “Zydus Lifesciences (Zydus) posted a mixed 3QFY25 performance, with strong US business but a miss on the EBITDA front. EBITDA includes one-off costs of Rs950m relating to higher legal/professional fees, one-time incentives and GST-related loss. Further, reported EBITDA also includes forex gains of Rs1.82bn. Adjusted margin, excluding one-offs and forex gains, stood at 24.7%. Revenue at Rs52.7bn was in line with our/Bloomberg or BB consensus estimates, with a 17% YoY growth (flattish QoQ). The US business was flat QoQ at US$285m (our estimate US$275m) due to better offtake in Mirabegron, offset by low gRevlimid & gAsacol HD sales. Emerging markets performed well, posting a fifth consecutive quarter of sequential growth. India market growth at 5% YoY was below our estimate of 7%. Gross margin at 69.9% (-200bp QoQ), was hit by product mix, lower gRevlimid sales and competition in gAsacol HD.”

Shveta Arya, Managing Director, Cummins India Limited, said, “While inflation is easing in most countries, there is still uncertainty in different regions globally, leading to an overall subdued outlook. US policy is expected to have a significant impact on the global economy in the years ahead. Amidst the uncertainties in various global economies, the Indian economy is recovering well after slower growth in Q2 FY25. GST collections continue to remain strong, indicating robust underlying trade activities, while other key economic indicators like IIP, PMI are pointing to a reasonable economic outlook for the year. Cummins India Limited continues to execute its profitable growth strategy and has recorded the highest quarterly revenue as a result of the robust demand across segments.”

The company board approved an interim dividend of Rs 18 per equity share i.e. at the rate of 900 per cent, on 277,200,000 equity shares (Face Value Rs 2 each) for the Financial Year 2024-25. “Further, in terms of Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Board has fixed Friday, February 14, 2025, as the Record Date for determining entitlement of Members for the said interim dividend. The Interim Dividend will be paid by March 03, 2025,” the company said in a regulatory filing.

Cummins India released its fiscal third quarter earnings report with profit at Rs 558.46 crore, up 11.94 per cent in comparison to Rs 498.91 crore recorded during the corresponding quarter of FY24. It posted revenue from operations at Rs 3096.15 crore, reporting a growth of 21.83 per cent as against Rs 2541.38 crore during the third quarter of previous financial year.

With many major companies lined up to release their Q3 numbers, today will be an exciting day for market participants and investors. Companies including ITC, Bharti Airtel, SBI, JK Lakshmi Cement, Hero Motocorp, Britannia, BSE Limited, PVR INOX, Reliance Communications, MRF, Gulf Oil Lubricants India, Bikaji Foods International, Apollo Tyres, Trent, UNO Minda, Surya Roshni, TCI Express, Somany Ceramics, Sapphire Foods India, Minda Corporation, NMDC Steel, Muthoot Microfin, Emcure Pharmaceuticals, and others are in the queue to announce their Q3 results

Good Morning! The fiscal third quarter earnings season is in full swing and we, at FinancialExpress.com, are continuously bringing to you all the updates on the Q3 numbers being released by companies across sectors. We are also analysing their results with the help of analysts and brokerage firms. Stay tuned.