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  1. Q3 results highlights: Waaree Energies net profit rises 295% to ₹492.6 crore, Adani Enterprises net profit down 88%

Q3 results highlights: Waaree Energies net profit rises 295% to ₹492.6 crore, Adani Enterprises net profit down 88%

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5 min read | Updated on January 30, 2025, 18:21 IST

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SUMMARY

Q3 results today: Waaree Energies reported a 295.66% increase in its consolidated net profit to ₹492.68 crore in the quarter that ended December 2024 as compared to ₹124.52.80 crore in the year-ago period. Additionally, Adani Enterprises posted an 88% decline in its consolidated net profit for the reporting quarter to ₹ ₹228.64 crore.

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Many companies including Waaree Energies, Adani Enterprises, Dabur India and L&T announced their Q3 FY25 results on Thursday, January 30

  1. L&T receives highest-ever quarterly orders

    The company received orders worth ₹1,16,036 crore during the October-December quarter, its highest-ever for a quarter at the group level, marking a growth of 53% year-on-year (YoY).

    January 30, 2025, 18:18 PM

  2. L&T Q3 Results: Net profit up 14% to ₹3,359 crore

    Larsen & Toubro (L&T) on Thursday reported a consolidated net profit of ₹3,359 crore for the quarter that ended December 2024 (Q3 FY25), up 14% from ₹2,947 crore in the year-ago period.

    The company's revenue from operations increased by 17% to ₹64,668 crore from ₹55,128 crore posted in the previous fiscal.

    January 30, 2025, 18:13 PM

  3. Bank of Baroda Q3 Results: Net profit up 5.6% to ₹4,837 crore

    State-owned Bank of Baroda posted a net profit of ₹4,837 crore for the third quarter of the current fiscal (Q3 FY25), up 5.6% as compared to ₹4,579 crore reported in the year-ago period. Sequentially, net profit fell by 7.6% from ₹5,238 crore reported in Q2 FY25.

    Its interest income grew to ₹30,908 crore for the reporting quarter as against ₹28,605 crore in the previous fiscal.

    Net interest income (NII) of the bank increased 2.8% year-on-year (YoY) to ₹11,417 crore from ₹11,101 crore in Q3 FY24.

    January 30, 2025, 17:22 PM

  4. Max Healthcare Institute Q3 Results: Net profit down 6.5% to ₹316 crore

    Max Healthcare Institute reported a net profit of ₹316 crore for the October-December quarter (Q3 FY25), down 6.5% as against ₹338 crore posted in Q3 FY24. The profit was impacted by a one-time payment to the authority for changing shareholding in its acquired entity Jaypee Healthcare Ltd.

    Max Healthcare Institute Chairman and MD Abhay Soi said in the third quarter, the company "delivered a robust growth of 34% in revenue and 32% in operating EBITDA".

    Source: PTI

    January 30, 2025, 17:17 PM

  5. Welspun Living Q3 Results: Net profit down 31.4% to ₹122.87 crore

    Welspun Living on Thursday reported a 31.4% decline in its consolidated net profit to ₹122.87 crore for the quarter that ended December 2024 (Q3 FY25) due to higher expenses. Its net profit in Q3 FY4 stood at ₹179.05 crore.

    The company's revenue from operations for the reporting quarter was at ₹2,489.61 crore as compared to ₹2,410.87 crore in the previous year.

    January 30, 2025, 17:13 PM

  6. Dabar total income and expenses rise, stock ends higher

    Dabur's total income for the December quarter increased by 3% to ₹3,483.28 crore and total expenses reached ₹2,826.20 crore, up 3.9%.

    The scrip of Dabur closed in the green on Thursday, January 30. Shares of the company ended 3.86% up at ₹538.10 apiece on the NSE.

    January 30, 2025, 16:56 PM

  7. Dabur Q3 Results: Net profit up 1.85% to ₹515.82 crore

    FMCG major Dabur on Thursday reported a marginal increase in its net profit, up 1.85% to ₹515.82 crore, for the third quarter of the current fiscal (Q3 FY25). The net profit in Q3 FY24 stood at ₹506.44 crore.

    The company's revenue from operations increased 3% to ₹3,355.25 crore for the reporting quarter from ₹3,255.06 crore in the previous fiscal.

    January 30, 2025, 16:52 PM

  8. Waaree Energies' order book soars to 26.5 GW

    The order book of solar photovoltaic module manufacturer Waaree Energies stood at 26.5 gigawatts (GW) and was valued ₹50,000 crore as of date, the company said in an exchange filing.

    January 30, 2025, 16:25 PM

  9. Waaree Q3 results highlights

    • Net profit grows 295.6% YoY to ₹492.68 crore
    • Revenue rises 116.6% YoY to ₹3,457.2 crore
    • EBITDA for Q3 FY25 up by 257 % YoY
    • Orderbook of 26.5 GW valued at ₹50,000 crore as on date
    • Trial producƟon commenced at 5.4 GW solar cell manufacturing facility

    January 30, 2025, 16:04 PM

  10. Waaree Energies Q3 results: Here's what the company's CEO said on earnings

    On Q3 FY25 earnings, Amit Paithankar, Whole Time Director and CEO of Waaree Energies, said, "As an energy transition company, we see immense opportunities and are well-positioned to tap into new business areas. Our solar business continues to be strong, and we are rapidly advancing in the adjacencies of energy storage systems, green hydrogen, inverters and renewable infrastructure. The momentum in this space is stronger than ever, and we are well-positioned to capitalize on it."

    He added, "We continue to build on our strengths, enhancing scalability and internal efficiencies, which has clearly reflected in our 9M FY25 performance. Strong execution and disciplined growth remain at the core of our strategy. The US contributed ~15-20% of our revenue mix. As we expand globally, we are strengthening our presence in high-potential regions, ensuring that we stay ahead of the curve in this fast-evolving industry. We are excited about the road ahead and remain committed to driving meaningful change in the energy landscape."

    January 30, 2025, 15:57 PM

  11. Waaree Energies net profit rises 295% to ₹492.6 crore

    Waaree Energies reported a 295.66% increase in its consolidated net profit to ₹492.68 crore in the quarter that ended December 2024 as compared to ₹124.52 crore in the year-ago period.

    Revenue from operations increased 116.6% to ₹3,457.2 crore in the quarter under review, as compared to ₹1,596.1 crore in the year-ago period.

    The total income stood at ₹3,545.2 crore in Q3 FY25, up 114.63% from ₹1,651.7 crore a year back.

    January 30, 2025, 16:47 PM

  12. GAIL net profit rises 44.7% to ₹3,867.4 crore, dividend announced

    State-run GAIL announced a 44.7% increase in its consolidated net profit to ₹3,867.4 crore in Q3 FY25, compared to ₹2,672 crore in the year-ago period.

    The company also announced an interim dividend of ₹6.50 per equity share. The record date has been set as February 7.

    January 30, 2025, 15:36 PM

  13. Adani Enterprises Q3 highlights

    As per the company's regulatory filing, here are the Adani Enterprises Q3 key highlights:

    • Total income stood at ₹23,500 crore in the reporting quarter, down 8% from ₹25,540 crore posted in the year-ago period.

    • Earnings Before Interest, Taxes, Depreciation and Amortisation (EBITDA) fell 5% to ₹3,071 crore in Q3 FY25, down from ₹3,227 crore reported in Q3 FY24.

    • Total expenses fell down from ₹23,180.79 in Q3 FY24 to ₹22,924.98 in Q3 FY25.

    • Standalone net profit fell to ₹534.59 crore for the reporting quarter, 25% down from ₹718.46 reported in the last fiscal.

    • Standalone revenue from operations decreased 22.6% to ₹6,156.76 crore from ₹7,960.79 crore posted in the year-ago quarter.

    January 30, 2025, 15:12 PM

  14. Adani Enterprises shares fall

    The scrip of Adani Enterprises is trading in the red following the Q3 earnings announcement. The shares are at ₹2,242.80 apiece on the NSE, down 3.27%.

    January 30, 2025, 14:49 PM

  15. Adani Enterprises Q3 Results: Consolidated net profit down 88% to ₹229 crore

    Adani Enterprises on Thursday reported a consolidated net profit of ₹228.64 crore for the third quarter of the current fiscal (Q3 FY25), down 88.41% from ₹1,972.75 crore reported in the year-ago period.

    The company's revenue from operations fell by 8.7% to ₹22,848.42 crore for the reporting quarter, down from ₹25,050.23 crore in Q3 FY24.

    January 30, 2025, 14:39 PM

  16. Bharat Electronics Limited shares rise

    Bharat Electronics Limited stock, following the Q3 earnings announcement on Thursday, is trading in the green. Shares of the company are 3.82% up at ₹277.40 on the NSE. Market capitalisation of the company stands at ₹2,02,773.26 crore.

    January 30, 2025, 14:28 PM

  17. BEL Q3 Results: Net profit up 52% to ₹1,311.6 crore

    State-run aerospace and defence electronics company Bharat Electronics Limited (BEL) on Thursday reported a 52.46% jump in its consolidated net profit for the December quarter (Q3 FY25) to ₹1,311.6 crore as compared to ₹860.26 crore posted in the year-ago period.

    The company's consolidated revenue from operations increased 38.64% to ₹5,770.69 crore in Q3 FY25 as against ₹4,162.16 crore in Q3 FY24.

    January 30, 2025, 14:24 PM

  18. Adani Ports CEO and Whole-time Director on Q3 earnings announcement

    Ashwani Gupta, Whole-time Director and CEO of Adani Ports and Special Economic Zone Limited (APSEZ), said in a company release on Thursday, "I am excited to share the fantastic momentum we have achieved during 9M FY25, driven by exceptional execution across three 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 ₹18,800-18,900 crores. Moreover, it is incredibly gratifying to be recognized by S&P Global CSA as one of the Top 10 companies globally in the transport industry. This prestigious recognition reflects our focus on imbibing sustainability across our operations," Gupta added.

    January 30, 2025, 14:06 PM

  19. Adani Ports Q3 highlights

    As per the company's regulatory filing, here are the major highlights of Adani Ports Q3 FY25 results:

    • Earnings Before Interest, Taxes, Depreciation and Amortisation (EBITDA) of the company was at ₹4,802 crore for the reporting quarter, up 15% as compared to ₹4,186 crore posted in the last fiscal.

    • The company clocked a cargo volume of 113 MMT in Q3 FY25, up 4% as against 109 MMT in Q3 FY24.

    • For the first nine months of the current fiscal (9M FY25), Adani Ports' EBITDA increased by 19% YoY to ₹14,019 crore from ₹11,820 in 9M FY24.

    • Total cargo volume increased by 7% in 9M FY25 to 332 MMT from 311 MMT in 9M FY24.

    January 30, 2025, 13:57 PM

  20. Adani Ports stock plunges over 6%

    Following the Adani Ports Q3 earnings announcement, the company's stock is trading 6.34% down ₹1,027.40 apiece on the NSE on Thursday, January 30.

    January 30, 2025, 13:30 PM

  21. Adani Ports Q3 Results: Net profit up 14% to ₹2520.26 crore

    Adani Ports on Thursday, announcing the financial results for the December quarter of the current fiscal (Q3 FY25), reported a consolidated net profit of ₹2520.26 crore, up 14.12% against ₹2208.41 crore reported in Q3 FY24.

    The company's revenue from operations increased to ₹7,963.55 crore, up 15% as compared to ₹6,920.10 in the year-ago period.

    January 30, 2025, 13:32 PM

  22. Dabur shares trade higher

    Ahead of the Q3 earnings announcement, the scrip of Dabur is trading 1.18% higher on the NSE at ₹524.20 apiece. Market capitalisation of the company stands at ₹92,904.75 crore.

    January 30, 2025, 12:50 PM

  23. Maruti Suzuki shares trade in green

    Maruti Suzuki stock is trading in the green after the carmaker posted a 12.6% jump in its standalone net profit to ₹3,525 crore for Q3 FY25 as against ₹3,130 crore posted Q3 FY24.

    Shares of the auto major are trading 0.30% up at ₹12,014 apiece on the NSE on Thursday.

    January 30, 2025, 12:35 PM

  24. Kalyan Jewellers Q3 earnings preview

    Jewellery retail chain Kalyan Jewellers is scheduled to announce its Q3 FY25 financial results on January 30, 2025. Analysts expect the company to deliver strong performance on the back of robust festive and wedding season demand. Read all about it here.

    Kalyan Jewellers stock is currently trading 0.57% up at ₹451.25 on the NSE.

    January 30, 2025, 11:52 AM

  25. Suzlon Energy shares hit upper circuit

    Suzlon Energy stock hit the upper circuit on Thursday, January 30, for a second consecutive session following its robust Q3 earnings announcement. The shares are trading 4.98% up at ₹55.40 apiece on the NSE. The company's market capitalisation stands at ₹75,608.11 crore.

    January 30, 2025, 11:07 AM

  26. Hitachi Energy India shares hit 20% upper circuit

    Shares of Hitachi Energy India hit 20% upper circuit to ₹12,277.50 apiece on the NSE on Thursday, January 30, post strong Q3 results. READ MORE.

    January 30, 2025, 10:42 AM

  27. GAIL shares surge 2.4%

    Shares of state-run GAIL (India) Ltd were trading at ₹169.30 on the NSE, up 2.47% ahead of the results.

    January 30, 2025, 10:29 AM

  28. Tata Motors shares fall 7%

    Tata Motors shares fell 6.86% to ₹700.85 per unit after on Thursday the company reported a 22% fall in consolidated post-tax profit to ₹5,578 crore for the quarter ended December 2024, against ₹7,145 crore in the same quarter last fiscal.

    January 30, 2025, 10:19 AM

  29. L&T shares trade in green

    Larsen & Toubro shares were trading at ₹3,498.65, reflecting an increase of 1.42% on the National Stock Exchange. The EPC major will release earnings on Thursday.

    January 30, 2025, 10:10 AM

  30. Bajaj Finance share price jumps over 3% post Q3 earnings

    Bajaj Finance shares climbed 3.16% to ₹8,005 apiece on the NSE after the NBFC reported an 18% surge in consolidated net profit to ₹4,308 crore for the December quarter.

    The company had posted a net profit of ₹3,639 crore a year back.

    January 30, 2025, 10:02 AM

  31. KPIT Technologies shares jump 6% on robust Q3 results

    Shares of KPIT Technologies rose 6% to ₹1,452.60 on Thursday after the company posted a 20.4% year-on-year (YoY) rise in consolidated net profit to ₹187 crore for the third quarter of FY25.

    January 30, 2025, 09:52 AM

  32. Adani Enterprises shares rise

    Shares of Gautam Adani-led Adani Enterprises rose 0.35% to ₹2,326.75 per unit on the NSE. The company will release its Q3 report card on Thursday.

    January 30, 2025, 09:41 AM

  33. Waaree Energies shares fall ahead of Q3 results announcement

    Waaree Energies shares were trading in red ahead of Q3 results announcement on Thursday. The stock decline 0.10% to ₹2,205.25 apiece on the NSE. READ MORE.

    January 30, 2025, 09:40 AM

  34. Q3 results LIVE: Adani Enterprises, BEL, L&T, Waaree Energies to announce earnings on Jan 30

    Renewable energy major Waaree Energies, Gautam Adani-led Adani Enterprises, state-run aerospace and defence electronics firm Bharat Electronics Ltd (BEL), EPC giant Larsen & Toubro, jewellery firm Kalyan Jewellers, public-sector lender Bank Of Baroda, ayurvedic products manufacturer Dabur and biopharmaceutical company Biocon will declare their latest December quarter results on Thursday, January 30. READ MORE.

    January 30, 2025, 09:39 AM

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