Q3 Results 2025: Tata Consumer, Adani Enterprises, L&T, Max Healthcare, Dabur, Biocon, others releasing Q3 results today

Neeraj Akhoury, Managing Director of Shree Cement Ltd, said, “Our strategy of prioritizing premium, high value products coupled with sharp focus on brand enhancement, strengthening the dealer network and optimizing the geo-mix has enabled us to improve our sale volumes. The results of our continued emphasis on operational excellence, efficiency improvements, and cost optimization are evident in our streamlined production costs this quarter. Looking ahead, we remain committed to increasing the volume of our premium product offerings and maintaining our relentless focus on further cost optimization.”

Bank of Baroda’s asset quality remained robust with gross NPA at 2.43 per cent as against 3.08 per cent in Q3FY24. Net NPA, meanwhile, came in at 0.59 per cent, down 11 bps as against 0.70 per cent YoY. Slippage ratio remained contained at 0.90 per cent for Q3FY25.

L&T received its highest ever quarterly orders of Rs 116,036 crore at the group level during the quarter ended December 31, 2024, up 53 per cent YoY. During the quarter, orders were received across multiple geographies and diverse sectors like Thermal Power, Renewable, Power Transmission, Precision Engineering, Minerals & Metals, Water, Commercial Buildings and Hydrocarbon Onshore.

International orders were at Rs 62,059 crore during the quarter, comprising 53 per cent of the total order inflow.

On a cumulative basis, the order inflow for the nine months ended December 31, 2024 stood at Rs 267,018 crore, registering a growth of 16 per cent YoY. International orders stood at Rs 144,739 crore during the nine months and this constituted 54 per cent of the total.

The consolidated order book of the group as on December 31, 2024, is at Rs 564,223 crore, up 19 per cent over March 2024, with the share of international orders at 42 per cent.

Dr Lal PathLabs approved declaration of third interim dividend of Rs 6 per equity share (@ 60 per cent on a face value of Rs 10 each) for FY 2024-25. “The record date for the purpose of payment of 3rd Interim Dividend shall be February 05, 2025. The 3rd Interim Dividend will be dispatched/ credited within 30 days of the declaration,” it said.

Mohit Malhotra, Chief Executive Officer, Dabur India, said, “We focused on strengthening our competitive edge in the marketplace to gain market share in 95% of our portfolio and enhancing brand superiority to strengthen and consolidate our position in the categories where we operate.”

"Our rural distribution network expanded by 15,000 villages this fiscal and today reaches over 131,000 villages, making it amongst the highest in the industry. This extensive reach has given us a distinct advantage, allowing us to drive rural growth at a pace nearly 140 bps ahead of urban areas. The positive trend in rural consumption is a testament to our commitment to this consumer base and our ability to adapt to their unique needs," Mohit Malhotra added.

Gautam Adani, Chairman of the Adani Group, said, “This exceptional nine-month performance underscores Adani Enterprises Ltd’s position as a powerhouse for nurturing transformative infrastructure and energy transition sectors. Strong growth across our incubating businesses, from energy transition to logistics and adjacencies, highlights the immense potential of our core plus portfolio. These results are a testament to our focus on execution, operational excellence, innovation and sustainability as we continue to set new benchmarks across sectors. With each milestone, AEL reaffirms its commitment to creating long-term value for its stakeholders while contributing to India's progress and global competitiveness.”

Elara Securities said, “Restaurant Brands Asia’s (RBA IN) Q3 was largely as estimated. RBA witnessed a sequential recovery, with same stores sales declining 0.5% YoY versus 3.0% in Q3. Gross/EBITDA margins rose by 68bps/88bps QoQ, led by efficiency measures, despite inflationary pressure. Expect store addition at BK India to remain healthy, which may weigh on ADS in the near term. The focus of the Indonesian arm is on strengthening the current network (rather than expansion). Rising inflationary pressure amidst a muted macro environment and elevated A&P investments for new stores, resulting in a cut in EBITDA estimate. However, the stock has fallen 23% in the past three months, trading at reasonable valuations.”

Ashwani Gupta, Whole-time Director & CEO, APSEZ, said, “I am excited to share the fantastic momentum we have achieved during 9M FY25, driven by exceptional execution across 3 key areas of our business - market share gains coupled with volume-price mix increase, traction in logistics vertical, and operational efficiencies along with technology-led gains. On the logistics front, in line with our commitment earlier in the year, we launched a new trucking platform, which is being integrated across the rest of the logistics value chain and will make us a true integrated Transport Utility. We have also upgraded our FY25 EBITDA forecast to Rs 18,800-18,900 crore.”

Vedant Fashions Ltd, the parent company of Manyavar, on Thursday reported a profit of Rs 157.98 crore during the third quarter of FY25, almost similar to Rs 157.71 crore recorded during the same period of FY24. It posted revenue from operations at Rs 511.28 crore, up 7.76 per cent as against Rs 474.46 crore during the corresponding quarter of previous financial year. The company EBITDA was flat YoY at Rs 242 crore.

Blue Dart Express Ltd released its fiscal third quarter earnings report with profit at Rs 81.01 crore, down 8.86 per cent in comparison to Rs 88.89 crore during the same period last year. It posted revenue from operations at Rs 1511.69 crore, up 9.31 per cent as against Rs 1382.93 crore during the third quarter of FY24. The company EBITDA was up 12 pr cent at Rs 239.2 crore.

Elara Securities said, “Maruti Suzuki reported revenue growth of 15.6% YoY and 3.5% QoQ at Rs 384.9bn, mainly due to volume growth of 13% YoY and 4.6% QoQ. However, ASP contracted 1% QoQ on higher discounts. Despite gross margin expansion of 30bps sequentially, EBITDA margin contracted to 11.6%, due to high sales promotion activities related to new product launches and discounts. The management expects retail growth in 9MFY25 at ~3.5% to continue in Q4FY25 as well. However, overall demand scenario continues to be tepid, with the lower end continuing to underperform the upper end, per MSIL. We monitor sustained recovery in industry growth as a further trigger for MSIL. Exports continue to remain strong and with EV exports, we increase our ASPs for FY25-27E. However, as EV margin is lower, the EPS upgrade should be limited to 5-6% in FY26E-27E.”

Dodla Dairy Ltd on Thursday released its fiscal third quarter earnings report with profit at Rs 63.57 crore, up 53.81 per cent in comparison to Rs 41.33 crore during the same period of previous financial year. It posted revenue from operations at Rs 901.22 crore, up 20.67 per cent from Rs 746.84 crore recorded during Q3FY24. The company EBITDA stood at Rs 96 crore, up 16 per cent YoY.

Axis Securities said, “Capacity expansion to drive volume and revenue growth: The company is expanding its capacity from the current 97 MTPA (including 8.5 MTPA of Orient Cement) to 118 MTPA, with the ongoing expansion set to be completed in phases over FY25-FY26. Additionally, it is exploring further growth opportunities to achieve a combined capacity of 140 MTPA by FY28. This expansion is expected to support the company’s sustained growth momentum. Volume and revenue are projected to grow at CAGRs of 11% and 10%, respectively, over FY24-FY26E.”

Greetings! With many of the companies across sectors already having released their quarter earnings report, we, at FinancialExpress.com, are all set and are continuously bringing to you all the updates on these numbers. We are also analysing their quarter performance with the help of experts and brokerage firms. Stay tuned.