Q3 Results Today: The fiscal third quarter earnings season is now in full action and a number of major companies across sectors have already released their Q3 results. Giants including Reliance Industries Ltd, TVS Motor, Zomato, Hyundai Motor, Piramal Pharma, Paytm, Adani Wilmar, Adani Total Gas, Godrej Consumer, HUL, Coal India, Axis Bank, HDFC Bank, BPCL, HPCL, UltraTech Cement, Adani Green Energy, and all of IT majors like TCS, HCL Tech, Infosys, Tech Mahindra, Wipro, have released their quarter results till date.
The third quarter of the financial year is expected to post a moderate performance with Nifty 50 PAT growth at 5.8 per cent YoY, said JM Financial. The brokerage firm said, “Given this implies 9MFY25 growth of 4.4 per cent, we see downside risks to our FY25E EPS growth expectation of 5.1 per cent. Based on our proprietary analysis we see risks of EPS cuts to 49 per cent of companies in the JM Financial universe.”
Today, a number of companies are releasing their quarterly results. These include the likes of Tata Motors, Maruti Suzuki India, Blue Dart Express, Adani Power, Ambuja Cements, Radico Khaitan, Raymond, SRF, Voltas, Westlife Foodworld, Tamilnad Mercantile Bank, Samhi Hotels, Shriram Asset Management Company, Quess Corp, Orient Electric Limited, Restaurant Brands Asia, Indian Bank, Jindal Stainless, Hitachi Energy India, Bajaj Finance, Blue Star, Brigade Enterprises, Chalet Hotels, among several others.
Q3 Results: Check Q3 Earnings for Tata Motors, Maruti Suzuki India, Blue Dart, Adani Power, Ambuja Cements, Indian Bank
Bajaj Finance Q3 Results Live Updates: Profit rises by 18.39% to Rs 4,308.19 crore, NII at Rs 9,382.4 crore
Bajaj Finance Limited on Wednesday reported Q3FY25 profit at Rs 4,308.19 crore, posting a growth of 18.39 per cent in comparison to Rs 3,638.95 crore during the corresponding period of FY24. The Net Interest Income (NII) stood at Rs 9,382.4 crore, up 22.6 per cent as against Rs 7,655 crore during Q3 of previous fiscal year. The company recorded total income at Rs 18,058.32 crore, up 27.47 per cent from Rs 14,166.97 crore reported during the year ago period.
Tata Motors Q3 Results Live Updates: Girish Wagh on Q3 performance
Girish Wagh, Executive Director, Tata Motors Ltd, said, “In Q3 FY25, HCV segment witnessed robust sequential recovery, even as the YoY sales declined 9% due to limited growth in end-use segments. The ILMCV segment and passenger carrier segment witnessed ~3% and ~30% yoy growth, whereas the SCV segment experienced marginal decline due to ongoing financing challenges. The business has delivered strong EBITDA and EBIT margin of 12.4% and 9.6%, respectively, with cost control and reflecting PLI incentive. At the Bharat Mobility Expo, we unveiled a bold new era in mobility, showcasing 14 smart vehicles, all integrated with ADAS, alongside 6 cutting-edge intelligent solutions that provide real-time performance insights, and 4 advanced aggregates. With relentless innovation and agility, we will continue to redefine the future of mobility with sustainable, intelligent, and cutting-edge solutions.”
Tata Motors Q3 Results Live Updates: Adrian Mardell on JLR’s Q3 performance
Adrian Mardell, JLR Chief Executive Officer, said, “JLR has delivered a robust performance in the third quarter of our financial year, and further milestones in our Reimagine strategy. Thanks to our people and partners we achieved record revenue and our best EBIT margin in a decade and our electrification plans are progressing. We revealed the beautiful, reimagined Jaguar design vision - Type 00 - in Miami, and later this year, we will launch Range Rover Electric ”
Tata Motors Q3 Results Live Updates: PB Balaji on Q3 performance
PB Balaji, Group Chief Financial Officer, Tata Motors, said, “In Q3, the performance of all businesses improved sequentially. For Ytd FY25, our business grew 1.6% over the previous year to Rs 323.0K crore and delivered a robust PBT (bei) of Rs 22.3K crore (+14.5%). The fundamentals of the business are strong and therefore despite external challenges we are confident of delivering another strong performance this year.”
Tata Motors Q3 Results Live Updates: JLR’s Q3 performance
JLR delivered a robust performance in Q3FY25 with record quarterly revenue, highest EBIT margin in a decade and a ninth successive profitable quarter. CV revenues declined on account of lower volumes and mix, however EBITDA margins improved to 12.4% (up 130 bps) primarily reflecting material cost saving and the impact of PLI incentive. PV revenues were down 4.3% however EBITDA margin was up by 120 bps at 7.8% due to cost controls and PLI incentive. The company received sanction of Automotive Production Linked Incentives (PLI) in December 2024. Accordingly, an income of Rs 351 crore has been recognized.
Tata Motors Ltd on Wednesday reported Q3FY25 profit at Rs 5,451 crore, posting a drop of 22.41 per cent in comparison to Rs 7,025 crore during the corresponding period of FY24, missing estimates. It posted revenue from operations at Rs 113,575 crore, up 2.71 per cent as against Rs 110,577 crore during the third quarter of previous financial year. The company EBITDA stood at Rs 13,081 crore. According to a CNBC TV18 poll, Tata Motors was expected to post profit at Rs 6547 crore and revenue for the quarter in review was estimated at Rs 1.16 lakh crore. EBITDA was projected at Rs 15,980 crore.
Restaurant Brands Asia Q3 Results Live Updates: Loss at 50.40 crore, revenue up 5.76%
Restaurant Brands Asia Ltd on Wednesday recorded Q3FY25 loss at Rs 50.40 crore, considerably higher than a loss of Rs 36.18 crore posted during the same period of previous financial year. It reported revenue from operations at Rs 639.06 crore, up 5.76 per cent as against Rs 604.23 crore during the third period of FY24. The company EBITDA stood at Rs 69.4 crore, up 1.6 per cent YoY.
Blue Star Q3 Results Live Updates: Vir S Advani on Q3 performance
Vir S Advani, Chairman & Managing Director, Blue Star Limited, said, “As we conclude yet another quarter on a strong note, we are hopeful that the growth momentum shall continue owing to the key drivers such as the forthcoming summer season, record carried forward order book, a potential revival in government spending, and increased capex from the private sector. However, challenges such as the depreciation of the Indian Rupee, rising commodity prices, and potential supply chain disruptions may pose obstacles. We have implemented strong mitigation strategies to address these challenges and are confident of continuing to deliver value to our stakeholders. We remain optimistic about FY25 being yet another remarkable year for the Company.”
Blue Star Q3 Results Live Updates: Carried-forward order book
Carried-forward order book as of December 31, 2024, is at a record high of Rs 6809.99 crore, as compared to Rs 6038.53 crore as of December 31, 2023, representing a growth of 12.8 per cent.
Blue Star Q3 Results Live Updates: Profit rises by 31.85% to Rs 132.46 crore
Blue Star Ltd on Wednesday reported Q3FY25 profit at Rs 132.46 crore, posting a growth of 31.85 per cent YoY. It had recorded a profit of Rs 100.46 crore during the third quarter of FY24. Blue Star posted revenue from operations for Q3 at Rs 2,807.36 crore, up 25.26 per cent as against Rs 2,241.19 crore during the corresponding quarter of previous financial year. The company EBITDA stood at Rs 209.3, up 34.8 per cent YoY.
Radico Khaitan Q3 Results Live Updates: Abhishek Khaitan on Q3 performance
Abhishek Khaitan, Managing Director, Radico Khaitan, said, “Building on the strong momentum from the first half, Radico Khaitan achieved industry-leading IMFL volume growth of 15.3% year-over-year in Q3 FY25. We anticipate this strong momentum to continue in the near term. The Prestige & Above category volume saw a 17.7% increase. Our existing premium brand sales and new product development pipeline remains robust. We are committed to delivering superior performance across our portfolio. Luxury & Semi-Luxury brands crossed net sales value of Rs 100 Cr in Q3 FY25 and Rs 250 Cr in 9M FY25. Reflecting the exceptional demand in the domestic as well as international markets, we expect these segments to cross Rs 500 Cr net sales mark in FY26. Radico Khaitan’s strategic priorities remain focused on brand building, sustained profitable growth, and long-term value creation for our stakeholders.”
Radico Khaitan Q3 Results Live Updates: Dr Lalit Khaitan on Q3 performance
Dr Lalit Khaitan, Chairman & Managing Director, Radico Khaitan, said, “Despite challenges in overall consumption growth, the spirits industry in India has experienced strong momentum, particularly driven by premium brands. In this context, we have delivered an impressive operational performance in Q3 FY25. Our premium brands have maintained their robust growth trajectory, and the regular brands have also shown a sharp recovery after nine quarters of decline. We continue to advance our strategy of elevating Indian brands to a global scale, meeting evolving consumer aspirations, driving growth through premiumization, and exploring new opportunities in the spirits industry. We are confident in the medium to long-term potential of the Indian spirits industry and Radico Khaitan’s competitive growth prospects.”
Radico Khaitan Q3 Results Live Updates: Profit rises by 27.07% to Rs 95.49 crore
Radico Khaitan Ltd on Wednesday released its fiscal third quarter earnings with profit at Rs 95.49 crore, up 27.07 per cent in comparison to Rs 75.15 crore during the corresponding quarter of FY24. It posted revenue from operations at Rs 4440.90 crore, up 8.02 per cent as against Rs 4111.24 crore during the third quarter of previous financial year.
Westlife Foodworld Q3 Results Live Updates: Amit Jatia on Q3 performance
Amit Jatia, Chairperson, Westlife Foodworld, said, “Our performance in Q3 FY25 underscores the effectiveness of our strategy and our agility in navigating a challenging market landscape. With the improvement in Same Store Sales Growth and the success of one of our biggest initiatives, like the McCrispy campaign, we have strengthened our foundation for future growth. As we continue to expand our network and innovate our offerings, we are poised to achieve sustainable growth through strategic execution and delivering exceptional customer experiences.”
Westlife Foodworld Q3 Results Live Updates: Profit plunges by 59.34% to Rs 7.01 crore
Westlife Foodworld Ltd on Wednesday reported a profit of Rs 7.01 crore during the third quarter of FY25, recording a drop of 59.34 per cent in comparison to Rs 17.24 crore during the corresponding quarter of FY24. It posted revenue from operations at Rs 653.72 crore, up 8.91 per cent as against Rs 600.26 crore during the same period of previous financial year. The company EBITDA stood at Rs 89 crore, up 3.2 per cent YoY.
Adani Power Q3 Results Live Updates: ‘Well positioned to achieve generation capacity target of 30+ GW by 2030’
SB Khyalia, CEO, Adani Power Limited, said, “Adani Power is well on its way to achieve its generation capacity target of 30+ GW by 2030, with rapid progress in underconstruction projects, secure supply chain, and successful bids for long term PPA tie-ups. We are well-positioned to benefit from the attractive opportunities in the Indian thermal power sector and to support its steadily growing power demand. Our high-quality asset portfolio, operating excellence, and execution capabilities set us apart and help us deliver consistent profitability and cash flows. We are taking steps ranging from backward integration into mining to improve our competitiveness and digitalization of our operations to enhance our future-readiness.”
Adani Power Ltd on Wednesday released its fiscal third quarter earnings report with profit at Rs 2,940.07 crore, up 7.38 per cent in comparison to Rs 2,737.96 crore during the corresponding quarter of FY24. It posted revenue from operations at Rs 13,671.18 crore, posting a growth of 5.23 per cent as against Rs 12,991.44 crore during the same period of previous financial year. The company EBITDA stood at Rs 5,023 crore, up 8 per cent YoY.
Consolidated power sale volume was recorded at 23.3 BU in Q3FY25, up by 8 per cent from 21.5 BU in Q3FY24 due to improved power demand and higher operating capacity.
Indian Bank Q3 Results Live Updates: Asset quality
Indian Bank recorded gross NPA ratio for Q3FY25 at 3.26 per cent, down 121 bps from 4.47 per cent in Dec’23. Net NPA, meanwhile, reduced by 32 bps in the quarter at 0.21 per cent as against 0.53 per cent in Q3FY24. Provision Coverage Ratio improved by 219 bps YoY to 98.09 per cent in Dec’24 from 95.90 per cent in Dec’23.
Indian Bank Q3 Results Live Updates: Network reach
Indian Bank has 5877 domestic branches (including 3 DBUs), out of which 1987 are rural, 1543 are semi -urban, 1179 are urban & 1168 are in metro category. The Bank has 3 overseas branches &1 IBU (Gift City Branch]. The Bank has 5224 ATMs & BNAs and 13292 number of Business Correspondents (BCs).
Indian Bank Q3 Results Live Updates: Profit rises by 34.59% to Rs 2,852.36 crore, NII at Rs 6,415 crore
Indian Bank on Wednesday reported a profit of Rs 2852.36 crore during the third quarter of FY25, posting a growth of 34.59 per cent in comparison to Rs 2119.35 crore during the corresponding quarter of FY24. Net Interest Income (NII) for the period stood at Rs 6415 crore, up 10.3 per cent from Rs 5814 crore during Q3FY24. It posted a total income of Rs 17,912.03 crore during the period in review, up 11.26 per cent from Rs 16,099.26 crore during the same period of previous financial year.
Colgate Palmolive Q3 Results Live Updates: Higher rural growth helped 5% volume growth, says Centrum Broking
Centrum Broking said, “Colgate’s Q3FY25 print was in-line with our estimates; revenue grew by 4.7% YoY while EBITDA/PAT declined by 3.1%/2.2% YoY. Despite soft demand in urban market, domestic sales grew by 3.2% YoY backed by ~5% YoY volume growth, which represents soft demand (particularly in the urban market). We like CLGT’s focus on product superiority led by science- based innovation, category led growth along with premiumisation story. The tech-enabled Oral Health Movement was launched at a significant scale. Management believes that its strong innovation pipeline would help boost growth. During Q3, the company introduced MaxFresh Sensorial range on e-Commerce channel. Gross margin declined to 69.7% (-228bps) due to change in product mix along with higher input costs. Although other expenses increased (+15.1%), drop in Ad-spends as a % of sales by 95bps to 13.8% and lower employee exp. (-0.9%) led to EBITDA margin falling to 47.8% (-249bps). The management has given a cautious outlook for the short term while long term growth outlook is intact.”
Maruti Suzuki Q3 Results Live Updates: Total vehicles sold during Q3
Maruti Suzuki sold a total of 566,213 vehicles during the quarter. Sales in the domestic market were 466,993 units. The company exported 99,220 units, which was the highest-ever in any quarter. The same period in the previous year saw total sales of 501,207 units comprising 429,422 units in domestic and 71,785 units in export markets.
During the quarter, the company registered highest-ever net sales of Rs 36,802.00 crore against Rs 31860.00 crore in the same period the previous year.
Maruti Suzuki Q3 Results Live Updates: Reappointment of Hisashi Takeuchi as MD & CEO
Maruti Suzuki announced that the company board has approved the reappointment of Hisashi Takeuchi as Managing Director and Chief Executive Officer for a further period of three years with effect from 1st April, 2025 till 31st March, 2028. The board also recommended the re-appointment of Maheswar Sahu as an Independent Director for a further period of five years w.e.f. 14th May, 2025 to 13th May, 2030 for approval of the Members.
Maruti Suzuki Q3 Results Live Updates: Profit rises by 16.22% to Rs 3,726.90 crore
Maruti Suzuki India Ltd on Wednesday reported a profit of Rs 3726.90 crore for the third quarter of FY25, posting a growth of 16.22 per cent in comparison to Rs 3206.80 crore during the same period of previous financial year. It posted revenue from operations at Rs 38,764.30 crore, reporting a growth of 15.67 per cent as against Rs 33,512.80 crore during the third quarter of FY24.
Ambuja Cements Q3 Results Live Updates: Ajay Kapur on Q3 performance
Ajay Kapur, Whole Time Director & CEO, Ambuja Cements Limited, said, “We are pleased to report a quarter of sustainable performance, aligned with our growth plan. With focus on innovation, digitisation, customer satisfaction, and ESG, our vision drives our expansion into new geographies. Our strategic acquisitions have significantly increased our capacity and market presence. This will be dove-tailed with our ongoing expansion projects, delivering exceptional value for our stakeholders and propelling us towards achieving over 104 MTPA capacity by Q4FY25 and 118 MTPA by FY 26.”
Ambuja Cements Ltd on Wednesday released its fiscal third quarter earnings report with profit at Rs 2,620.09 crore, posting a surge of 140.21 per cent in comparison to Rs 1,090.73 crore during the corresponding quarter of FY24. It posted revenue from operations at Rs 8,415.31 crore, up 4.51 per cent as against Rs 8,052.42 crore during the same period of previous financial year. Ambuja Cements posted volume growth of 17 per cent YoY, at 16.5 million T, which is the highest ever cement sales volume recorded by the company in a quarter.
GMR Airports Ltd Q3 Results Live Updates: Key highlights
Q3FY25 Consolidated Revenue: Rs 2,653.24 crore vs Rs 2,226.65 crore YoY
Q3FY25 Consolidated Profit: Rs 202.10 crore vs loss of Rs 486.40 crore YoY
Q3FY25 EBITDA: Rs 991.7 crore vs Rs 668.6 crore YoY
Q3FY25 Margin: 37.4%
CarTrade Q3 Results Live Updates: Vinay Sanghi on Q3 performance
Vinay Sanghi, Chairman and Founder, CarTrade Tech, said, “We are delighted to announce strong growth this quarter. All three of our business verticals delivered their highest-ever revenue and profits, further cementing our leadership in the market. Revenue for 9MFY25 grew by 32%, and our EBITDA surged by 100%, leading to PAT zooming to Rs 99 crore. Our profit growth outpaced revenue growth, reflecting the strong operating leverage in play. In Q3 alone, profits rose sharply by 48% to Rs 46 crore as compared to Q2. This growth underscores the tremendous potential we have ahead. As a product and technology-led organization, we continue to build on our scalable digital platform, focusing on enhancing our customer experience and expanding our market share. The progress made so far positions us strongly for sustained growth as we continue transforming the digital marketplace.”
CarTrade Q3 Results Live Updates: Profit at Rs 42.69 crore, revenue up 27.15% YoY
CarTrade Tech Ltd on Wednesday released its fiscal third quarter earnings with profit at Rs 42.69 crore in comparison to a loss of Rs 24.23 crore incurred during the third quarter of previous financial year. It must be noted that Q3FY24 had a one-time loss of Rs 46 crore. It posted revenue from operations at Rs 176.22 crore, up 27.15 per cent as against Rs 138.59 crore during the same period of FY24. The company EBITDA stood at Rs 50 crore, up 96 per cent YoY.
Q3 Results Live Updates: Tata Motors to release Q3 numbers today
An analysis report by Yes Securities said, “We expect Tata Motors’ consol revenue to grow by 11.1% YoY (+21.1% QoQ) at Rs 1228.4 billion. Consol EBITDA margins are expected to expand 190bp YoY (+530bp QoQ) at 15.8%. Adj.PAT to grow +5.9% YoY (+119% QoQ) at Rs 77.9 billion. This will be led by expected sharp improvement in JLR profitability QoQ.” Tata Motors is slated to release its fiscal third quarter earnings report today.
According to a CNBC TV18 poll, Tata Motors is expected to post Q3 profit at Rs 6547 crore and revenue for the quarter in review is estimated at Rs 1.16 lakh crore. It further said that per street expectations, focus will remain on JLR’s margin and revenue guidance, along with supply chain issues related to JLR. A strong product mix at JLR is anticipated to drive higher margins for consumer operations, it said. Further, revenue growth QoQ is expected on higher volumes in both PV and CV segments, with a better mix (higher SUVs) boosting PV margins.