Q3 Results highlights: Bajaj Finance net profit up 18% YoY to ₹4,308.19 crore, NII rises 23% to ₹9,382 crore
5 min read | Updated on January 29, 2025, 19:02 IST
SUMMARY
Q3 results on Jan 29: Bajaj Finance on Wednesday posted a net profit of ₹4,308.19 crore for the October-December quarter of the current fiscal (Q3 FY25), up 18% against ₹3,638.95 reported in the year-ago period. Additionally, Tata Motors reported a 22% year-on-year (YoY) decline in its net profit for the December quarter to ₹5,451 crore as against ₹7,025 crore in the previous fiscal.
Tata Motors, Maruti Suzuki, Bajaj Finance and many other companies announced their Q3 earnings on Wednesday, January 29
Bajaj Finance Q3 Highlights
As per a company filing, here are the highlights of Bajaj Finance Q3 FY25 results:
Consolidated assets under management of Bajaj Finance stood at ₹398,043 crore as of December 31, 2024.
The company recorded the highest-ever new loans booked of 1.20 crore in Q3 FY25.
As of December 31, 2024, the Gross NPA and Net NPA stood at 1.12% and 0.48%, respectively, against 0.95% and 0.37% reported in the last fiscal.
Net total income of the company grew by 26% in the reporting quarter to ₹11,673 crore from ₹9,298 crore in Q3 FY24.
January 29, 2025, 18:48 PM
Bajaj Finance Q3 Results: Net profit up 18% YoY to ₹4,308.19 crore
Bajaj Finance reported an 18% jump in its net profit for the October-December quarter of the current fiscal (Q3 FY25) to ₹4,308.19 crore as against ₹3,638.95 reported in the year-ago period.
The company's net interest income (NII) for the reporting quarter rose to ₹9,382 crore, up 23% against ₹7,655 crore in Q3 FY24.
January 29, 2025, 17:48 PM
Tata Motors Q3 Results: Net profit falls 22% to ₹5,451 crore
Tata Motors on Wednesday, announcing its financial results for the third quarter of the current fiscal (Q3 FY25), reported a consolidated net profit of ₹5,451 crore, down 22% as compared to ₹7,025 crore posted in the year-ago period.
The company's consolidated revenue from operations increased to ₹1,13,575 crore for the reporting quarter, up from ₹1,10,577 crore in the previous fiscal.
January 29, 2025, 18:02 PM
Jindal Stainless declares interim dividend
The company said that its board has approved an interim dividend of Re 1 per equity share with a face value of ₹2 per share for the current financial year (2024-25). The record date has been set as February 8, 2025 and the payment of the dividend will be completed on or before February 27.
January 29, 2025, 16:54 PM
Jindal Stainless Q3 Results: Net profit falls 5% to ₹654.27 crore
Jindal Stainless on Wednesday reported a 5% fall in its consolidated net profit for the October-December quarter of the current fiscal (Q3 FY25) to ₹654.27 crore against ₹691.22 crore reported in the year-ago period.
Total income of the company stood at ₹10,006.41 crore, up from ₹9,166.42 crore in Q3 FY24.
January 29, 2025, 16:52 PM
Indian Bank Q3 Results: Net profit up 35% to ₹2,852 crore
Indian Bank on Wednesday reported a net profit of ₹2,852 crore for the December quarter, up 35% as against ₹2,119 crore in the year-ago period.
Total income of the state-owned bank grew to ₹17,912 crore in the reporting quarter from ₹16,099 crore in Q3 FY24. Indian bank's net interest income stood at ₹16,415 crore, up 10% as compared to ₹15,815 crore the previous fiscal.
January 29, 2025, 16:25 PM
Adani Power Q3 Highlights
As per a regulatory filing, here are the Q3 FY25 highlights for Adani Power:
Consolidated power sale volume at 23.3 BU in Q3 FY25, up by 8% from 21.5 BU in Q3 FY24 on improved power demand and higher operating capacity.
Consolidated total revenue for Q3 FY25 up by 11% at ₹14,833 crore as against ₹13,355 crore posted in Q3 FY24 mainly because of higher volume.
Consolidated EBITDA for Q3 FY25 higher by 23% at ₹6,185 crore as compared to ₹5,009 crore reported in Q3 FY24 supported by higher one-time income.
Consolidated profit before tax (PBT) in Q3 FY25 up by 26% at ₹4,059 crore against ₹3,210 crore in Q3 FY24.
Consolidated net profit for Q3 FY25 at ₹2,940 crore, up 7% as compared to ₹2,738 crore reported in Q3 FY24.
January 29, 2025, 15:40 PM
Adani Power Q3 Results: Board approves ₹5,000 QIP, shares trade higher
The power company's board on Wednesday approved fundraising of ₹5,000 crore via a Qualified Institutional Placement (QIP).
The board also approved increasing its fundraising limit through Non-Convertible Debentures (NCDs) to ₹11,000 crore, from the earlier limit of ₹5,500 crore.
Adani Power shares are trading 4.79% up at ₹521 apiece on the NSE on January 29 following its Q3 earnings announcement.
January 29, 2025, 15:27 PM
Adani Power Q3 Results: Net profit up 7.4% to ₹2,940 crore
Adani Power reported a net profit of ₹2,940 crore for the quarter that ended December 31, 2024, up 7.4% as against ₹2,737 crore posted in the year-ago period.
The company's revenue for the reporting quarter stood at ₹13,671.2 crore, up 5.2% year-on-year (YoY).
Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) of the company increased 8% to ₹5,023 crore for Q3 FY25, and the margin was up at 36.7%.
January 29, 2025, 15:18 PM
Maruti Suzuki India Q3 Results: QoQ highlights
On a sequential basis, here are the highlights:
Particulars | Q3 FY’25 | Q2 FY’25 | % Change |
---|---|---|---|
Sales Volume | 56,621 | 54,155 | 4.6% |
Net Sales | 36,802 | 35,589 | 3.4% |
Op. EBIT | 3,665 | 3,666 | 0% |
PBT | 4,602 | 5,100 | -9.8% |
PAT | 3,525 | 3,069 | 14.9% |
January 29, 2025, 14:31 PM
Maruti Suzuki Q3 Results: Positive and negative factors for margin movement
According to the carmaker, the company's margin moved due to:
January 29, 2025, 14:26 PM
Maruti Suzuki Q3 Highlights
As per the auto major's regulatory filing, here are the major highlights of Q3 FY25 as compared to Q3 FY24:
Particulars | Q3 FY’25 | Q3 FY’24 | % Change |
---|---|---|---|
Sales Volume | 56,621 | 50,121 | 13.0% |
Net Sales | 36,802 | 31,860 | 15.5% |
Op. EBIT | 3,665 | 3,156 | 16.1% |
PBT | 4,602 | 4,054 | 13.5% |
PAT | 3,525 | 3,130 | 12.6% |
January 29, 2025, 14:23 PM
Maruti Suzuki India shares trade lower
The scrip of the auto major Maruti Suzuki India, following the Q3 earnings announcement, is trading 1.21% down at ₹11,977.35 apiece on the NSE.
January 29, 2025, 14:06 PM
Maruti Suzuki Q3 Results: Net profit up 12.6% to ₹3,525 crore, revenue rises by 15.5%
Leading carmaker Maruti Suzuki India reported a 12.6% jump in its standalone net profit to ₹3,525 crore for the third quarter of the current fiscal (Q3 FY25) as against ₹3,130 crore posted in the year-ago period.
The company's revenue from operations climbed to ₹38,492.1 crore in the reporting quarter, up 15.5% from ₹33,308.7 crore in the corresponding period last fiscal.
January 29, 2025, 13:57 PM
Ambuja Cement acquiring Orient Cement
Ambuja Cement said that its board has approved an open offer to acquire up to 26% stake in Orient Cement from public shareholders at ₹395.4 per share.
"During the quarter ended December 31, 2024, the Board of Directors of the Company has approved the acquisition of 7,76,49,413 equity shares of Orient Cement Limited representing 37.9 percent of the existing share capital from the promoters/promoter group of Orient and the acquisition of 1,82,23,750 equity shares of Orient representing 8.9 percent of the Existing Share Capital from the certain public shareholders of Orient. Further, the Board of Directors has also approved making an open offer for up to 5,34,19,567 equity shares at a price of ₹395.40 per equity share to acquire up to 26 percent of the share capital of Orient from the public shareholders," Ambuja Cement said in a stock exchange filing.
January 29, 2025, 13:53 PM
Ambuja Cement EBITDA at ₹600 crore
The cement major's Earnings Before Interest, Tax, Depreciation, and Amortisation (EBITDA) for the reporting quarter stood at ₹600 crore, down 29% year-on-year (YoY). The EBITDA margin plunged by over 700 basis points to 11.9% as against 19% in the year-ago period.
January 29, 2025, 13:50 PM
Ambuja Cement Q3 Results: Standalone net profit up 242% to ₹1,758 crore
Adani Group-owned Ambuja Cement reported a 242% jump in its standalone net profit to ₹1,758 crore for the October-December quarter of the current fiscal (Q3 FY25) as compared to ₹514 crore posted in the year-ago period.
The company's standalone revenue from operations increased by 10% to ₹4,850 crore in Q3 FY25 as against ₹4,422 crore in Q3FY24.
January 29, 2025, 13:44 PM
KPIT Tech Q3 Results: Net profit jumps 20.4% to ₹187 crore, shares rise 10%
KPIT Tech on Wednesday, announcing its financial results for the October-December quarter of the current fiscal (Q3 FY25), reported a 20.4% jump in its net profit to ₹187 crore from ₹155.3 crore in the year-ago period.
The company's revenue for the reporting quarter increased 17.6% to ₹1,478 crore from ₹1,257 crore in the previous fiscal.
Following the robust Q3 earnings announcement, KPIT Tech's stock is currently trading 10% up at ₹1,385.00 apiece on the NSE.
January 29, 2025, 13:29 PM
Maruti Suzuki board reappoints Hisashi Takeuchi as MD & CEO
Maruti Suzuki India on Wednesday announced that its board has approved the reappointment of Hisashi Takeuchi as Managing Director and Chief Executive Officer for another term of three years with effect from April 1, 2025.
Following the board meeting held on January 29, 2025, it approved the appointment of Takeuchi as MD and CEO for a further period of three years till March 31, 2028, the company said in a regulatory filing.
The auto major is scheduled to announce its Q3 earnings today. Maruti Suzuki India stock is trading in the green, up 1.45% at ₹12,300 apiece on the NSE.
January 29, 2025, 13:19 PM
Bajaj Finance Q3 earnings preview
January 29, 2025, 12:24 PM
ACME Solar Holdings Q3 Earnings: EBITDA rises on favourable operating leverage
ACME Solar Holdings on Wednesday reported an EBITDA margin of 90% for Q3 FY25 as against 85% in Q3 FY24. The company's PAT margin was at 28% in the reporting quarter, up from 12% in Q3 FY24.
"Revenue has increased by 10% for the quarter on a YoY basis majorly on account of phased commissioning of 1200 MW SECI ISTS project. Healthy EBITDA margin of 90% in Q3FY25 compared to 85% in Q3FY24 on account of favourable operating leverage. PAT margin stood at 28% in Q3 FY25 compared to 12% in Q3FY24," Acme Solar Holdings said in a stock exchange filing.
January 29, 2025, 11:58 AM
ACME Solar Holdings' Q3 revenue at ₹349 crore
The company's revenue from operations for the reporting quarter stood at ₹349 crore, up 5.2% as against ₹332 crore posted in the previous fiscal.
January 29, 2025, 12:44 PM
ACME Solar Holdings Q3 Results: Net profit up 152% to ₹112 crore
Gurugram-based renewable energy company ACME Solar Holdings on Wednesday reported a stellar 152.18% jump in its net profit for the December quarter to ₹112.06 crore as against ₹44.45 crore posted in the year-ago period.
The company's stock hit 10% upper circuit today, January 29.
January 29, 2025, 12:44 PM
ACME Solar Holdings stock rises 10%
The scrip of the leading solar energy company ACME Solar Holdings is trading 10% up at ₹191.23 apiece on the NSE. The company is scheduled to announce its Q3 results today.
January 29, 2025, 11:40 AM
Maruti Suzuki Q3 earnings preview
Maruti Suzuki India stock is trading 0.54% up at ₹12,189.10 apiece on the NSE ahead of the Q3 results announcement.
January 29, 2025, 10:58 AM
Jindal Stainless shares trade up
Jindal Stainless stock is trading in the green ahead of the earnings announcement. Shares are 2.14% up at ₹628 apiece on the NSE on Wednesday.
January 29, 2025, 10:34 AM
Adani Power stock trades higher ahead of Q3 results
The scrip of Adani Power Limited is trading 1.45% up at ₹504.40 apiece on the NSE on Wednesday, January 29 ahead of its Q3 result announcement.
January 29, 2025, 10:22 AM
Bajaj Finance share price up
Bajaj Finance shares were trading 0.76% higher to ₹7,664 apiece on the NSE.
January 29, 2025, 09:41 AM
Maruti Suzuki shares trade flat
Shares of carmaker Maruti Suzuki were trading flat at ₹12,130.80 apiece on the NSE, up 0.06%, ahead of the earnings announcement.
January 29, 2025, 09:29 AM
Tata Motors shares rise
Shares of Tata Motors are trading in the positive territory ahead of earnings on Wednesday. The stock is up 0.45% to ₹732.15 apiece on the NSE.
January 29, 2025, 09:28 AM
Tata Motors, Maruti Suzuki, Bajaj Finance, others to announce earnings on Jan 29
January 29, 2025, 09:27 AM