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  1. Q3 Result highlights: Tata Technologies net profit slips 1% to ₹168.6 crore, revenue rises 2.1%

Q3 Result highlights: Tata Technologies net profit slips 1% to ₹168.6 crore, revenue rises 2.1%

Upstox

5 min read | Updated on January 22, 2025, 07:27 IST

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SUMMARY

Q3 Results on Jan 21: Tata Technologies on Tuesday, January 21 announced that its Q3 net profit slipped 1% to ₹168.6 crore. Further, KEI Industries reported a 9.4% increase in its Q3 net profit to ₹164.8 crore.

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Q3 results on January 21, 2025

  1. PNB Housing Finance Q3 net profit surges 36%, revenue rises 15%

    PNB Housing Finance Q3 results: PNB Housing Finance on January 21 reported a 36% surge in its net profit to ₹471.4 crore in Q3 FY25, compared to ₹346.5 crore in the year-ago period.

    Its NII stood at ₹764.5 crore, jumping 15% from ₹664.5 crore.

    January 21, 2025, 19:23 PM

  2. KEI Industries Q3 net profit rises 9.4% to ₹164.8 crore, revenue increases 19.8%

    KEI Industries Q3 results: KEI Industries on Tuesday reported a 9.4% surge in its net profit to ₹164.8 crore in Q3 FY25, compared to ₹150.6 crore in the year-ago period.

    Its revenue from operations stood at ₹2,467.2 crore, jumping 19.8% from ₹2,059.3 crore.

    The company's EBITDA was up 12.3% at ₹240.7 crore from ₹214.4 crore and EBITDA margin shrank to 9.8% in contrast to 10.4% in Q3FY24.

    January 21, 2025, 19:13 PM

  3. Service segment contributed 77% to Tata Technologies' Q3 revenue

    Tata Technologies' Q3 revenue from service segment stood at ₹1,012.7 crore, accounting for 76.9% of its revenue of ₹1,317.38 crore.

    The company derived the rest 23.13% of its Q3 revenue from the technology solutions segment, which was at ₹304.68 crore.

    January 21, 2025, 17:47 PM

  4. Tata Technologies Q3 total expenses rise 3.15%

    Tata Technologies' Q3 total expenses surged 3.15% to ₹1,119.31 crore in Q3FY25, compared to ₹1,085.14 crore in the year-ago period.

    January 21, 2025, 17:38 PM

  5. Tata Technologies' business developments

    • Tata Technologies has been selected by a European company to innovate cost-efficient and sustainable solutions for next-gen vehicles including software for embedded systems, infotainment systems, and advanced engineering and simulation solutions.
    • It entered into a multi-year contract with a European Luxury Automotive OEM for testing and development activities of their new electric vehicles.
    • It has been chosen by a global contract manufacturing entity for initial analysis projects. These projects will further lead to SAP roll-out across this entity's various manufacturing plants across multiple countries.
    • It has been selected by a North American Automotive OEM to streamline engineering processes in their PLM cloud application, including vehicle data management, data security, product definition, and BOM structure.
    • It was chosen by a North American Tier-1 automotive supplier for a multi-year engagement focused on software platform development and embedded testing.
    • Tata Technologies signed a new deal with the Government of Tripura to upgrade 19 Industrial Training Institutes.

    January 21, 2025, 17:35 PM

  6. Tata Technologies CFO says she is "pleased" with Q3 results

    "I am pleased with our Q3 performance, marked by 1.7% top-line growth and a 7% sequential increase in PAT. This performance underscores the strength and adaptability of our diversified service offerings, which enabled us to navigate the complexities of the quarter effectively. Our disciplined execution drove strong cash conversion in the first nine months, with free cash flow exceeding 100% of net income. This further strengthened our balance sheet, with a net cash position of $154 million at the end of December. We remain dedicated to delivering sustainable, long-term value for all stakeholders," Savitha Balachandran, CFO of Tata Technologies commented.

    January 21, 2025, 17:28 PM

  7. Tata Technologies CEO comments on Q3 result

    "I am encouraged by the resilience our business has demonstrated in uncertain economic conditions with revenue growth across both our business segments. We secured four large deals this quarter, and our pipeline remains healthy. We are seeing opportunities across Digital Engineering, Smart Manufacturing, Gen AI, and Embedded Software Solutions, fostering measured optimism for Q4 and FY26. We are also investing in advanced tools and capabilities to position ourselves for accelerated growth as policy clarity improves and investments in new product development rebounds," said Warren Harris, CEO and MD at Tata Technologies.

    January 21, 2025, 17:26 PM

  8. Tata Technologies 9M net profit falls 6.5%, revenue rises 2%

    Tata Technologies on announced a 6.5% drop in its nine-month ended December 31, 2024 net profit, which fell to ₹488.08 crore from ₹522.13 crore in the year-ago period.

    Its revenue from operations for 9M FY25 stood at ₹3,882.80, rising 1.74% from ₹3,816.15 in the year-ago period.

    January 21, 2025, 17:24 PM

  9. Tata Technologies Q3 net profit sinks 1% to ₹168.6 crore, revenue rises 2.2%

    Tata Technologies Q3 results: Tata Technologies on Tuesday, January 21 reported a 1% fall in its net profit to ₹168.6 crore in Q3 FY25, compared to ₹170.2 crore in the year-ago period.

    Its revenue from operations stood at ₹1,317.4 crore, climbing 2.2% from ₹1,289.5 crore.

    The company's EBITDA sank 1.1% to ₹234.1 crore from ₹236.6 crore. EBITDA margin contracted to 17.8% from 18.4% in Q3FY24.

    January 22, 2025, 07:27 AM

  10. Cyient DLM Q3 net profit sinks 40.8% to ₹10.9 crore, revenue rises 38.4%

    Cyient DLM Q3 results: Cyient DLM on Tuesday reported a 40.8% drop in its net profit to ₹10.9 crore in Q3 FY25, compared to ₹18.4 crore in the year-ago period.

    Its revenue from operations stood at ₹444.2 crore, jumping 38.4% from ₹321 crore.

    The company's EBITDA was down 92.9% at ₹272.2 crore from ₹29 crore. EBITDA margin stood at 6.1% in contrast to 9% in Q3FY24.

    January 21, 2025, 16:32 PM

  11. Jana Small Finance Bank Q3 net profit shrinks 17.8% to ₹110.6 crore

    Jana Small Finance Bank Q3 results: Jana Small Finance Bank on Tuesday, January 21 declared a 17.8% fall in its net profit to ₹110.6 crore in Q3 FY25.

    Its net profit stood at ₹134.6 crore in the year-ago period.

    Its NII stood at ₹593 crore, up 8.1% from ₹548.5 crore in Q3 FY24.

    The bank's gross NPA (non performing assets) ratio contracted to 2.80%, compared to2.97% in the last quarter.

    January 21, 2025, 16:16 PM

  12. IndiaMart declares 47.6% increase in Q3 net profit, revenue up 16%

    IndiaMart Q3 results: IndiaMart on Tuesday reported a 47.6% rise in its net profit to ₹121 crore in Q3 FY25, compared to ₹82 crore in the year-ago period.

    Its revenue from operations stood at ₹354.3 crore, jumping 16% from ₹305.3 crore.

    The company's EBITDA was up 61.4% at ₹138.3 crore from ₹85.7 crore. EBITDA margin stood at 39% in contrast to 28.1% in Q3FY24.

    January 21, 2025, 16:09 PM

  13. JM Financial Products Q3 net profit falls 32.4%

    JM Financial Products Q3 results: JM Financial Products on Tuesday, January 21 declared a 32.4% slump in its net profit to ₹58.2 crore in Q3 FY25.

    Its net profit stood at ₹85.9 crore in the year-ago period.

    The company's revenue from operations stood at ₹179 crore, up 31.3% from ₹260.5 crore in Q3 FY24.

    January 21, 2025, 16:04 PM

  14. UCO Bank shares close in the red, slump over 1%

    The shares of UCO bank closed in the red at ₹44.06, down 1.12% on the National Stock Exchange on Tuesday, January 21 after its Q3 result annoumcement.

    January 21, 2025, 15:57 PM

  15. Karur Vysya Bank reports 20.39% rise in Q3 FY25 net profit

    Karur Vyas Bank Q3 results: Karur Vysya Bank reported a 20.39% increase in its net profit for the quarter ended December 31, 2024, to ₹496 crore.

    The bank's net profit stood at ₹412 crore during the corresponding quarter of last financial year.

    Inputs from PTI

    January 21, 2025, 18:57 PM

  16. UCO Bank shares trade flat post Q3 result announcement

    Shares of UCO Bank were trading flat at ₹44.48 apiece, down 0.18% on the National Stock Exchange after the bank announced its Q3 earnings.

    January 21, 2025, 14:25 PM

  17. UCO Bank Q3 net profit surges 27% to ₹638.8 crore

    UCO Bank Q3 results: UCO Bank on Tuesday, January 21 declared a 26.71% rise in its net profit to ₹640.16 crore in Q3 FY25.

    Its net profit stood at ₹505.23 crore in the year-ago period.

    Its total income stood at ₹7,405.89 crore, up 15.49% from ₹6,412.71 crore in Q3 FY24.

    The bank's gross NPA (non performing assets) ratio contracted to 2.91%, compared to 3.85% in the corresponding period last year.

    January 21, 2025, 18:56 PM

  18. UltraTech Cement shares trade 2% higher after co delays Q3 results

    Shares of UltraTech Cement are trading at ₹10,820.60, up 1.85% on the National Stock Exchange after the company delayed its Q3 earnings announcement to January 23.

    January 21, 2025, 14:04 PM

  19. MCX share plummets 12% after Q3 results

    The scrip of MCX plummeted 11.37% to ₹5,333.15 apiece on the NSE in the mid-session trade on Tuesday after the company declared its Q3 FY25 results.

    Currently, the share is trading at ₹5,608.80, down 6.94%.

    January 21, 2025, 13:56 PM

  20. UltraTech Cement postpones Q3 result announcement to Jan 23

    UltraTech Cement Q3 results will be announced on Thursday, January 23, instead of January 21 as the company had earlier intimated, the company said in an exchange filing.

    January 21, 2025, 13:52 PM

  21. MCX reports Q3 profit of ₹160 crore, total income rises 55%

    MCX Q3 result: Multi Commodity Exchange (MCX) reported a quarterly profit of ₹160.04 crore for the December quarter of FY25, compared with a loss of ₹5.35 crore a year earlier, driven by stronger revenue and lower operational costs.

    Total income at India's largest non-agricultural commodity derivatives exchange surged 55,04% to ₹324.36 crore from ₹209.26 crore in the same period last year, the company said in a statement.

    The exchange's expenses declined to ₹123.03 crore, from ₹222.25 crore in the previous year.

    With PTI inputs

    January 21, 2025, 13:50 PM

  22. South India bank slump 5% despite 12% increase Q3 net profit

    Shares of South India Bank sank 4.92% to trading ₹25.68 on the NSE despite a 12% surge in consolidated net profit to ₹342 crore in Q3 FY25.

    January 21, 2025, 13:32 PM

  23. South India Bank Q3 net profit rises 12% to ₹342 crore

    South India Bank Q3 result: South India Bank on Tuesday, January 21 declared a 12% rise in its net profit to ₹342 crore in Q3 FY25 from ₹305.4 crore in the year-ago period.

    Its NII (Net Interest Income) stood at ₹869.2 crore, up 6% from 820 crore in Q3 FY24.

    The bank's gross NPA (non performing assets) ratio contracted to 4.30%, compared to 4.40% in the corresponding period last year.

    January 21, 2025, 13:23 PM

  24. Paytm stock plummets over 4% despite Q3 net loss narrowing

    Shares of Paytm are trading at ₹861.1, plumetting 4.17% on the NSE, a day after Q3 result announcement.

    The company reported a net loss of ₹208.3 crore in Q3 FY25, down from previous year's Q3 loss of ₹219.8 crore.

    January 21, 2025, 13:03 PM

  25. Indoco Remedies shares fall over 1% after co report net loss in Q3 FY25

    Shares of Indoco Remedies plunged 1.13% to ₹329 apiece on the National Stock Exchange after it announced ₹30.96 crore net loss for the quarter ended December 31, 2024.

    January 21, 2025, 12:50 PM

  26. Indoco Remedies registers Q3 net loss of ₹30.96 crore, revenue falls 12.3%

    Indoco Remedies Q3 results: Indoco on Tuesday, January 21 declared a net loss of ₹30.96 crore in Q3 FY25, compared to a net profit of ₹22.63 crore in the year-ago period.

    Moreover, its revenue from operations stood at ₹402.45 crore, down 12.27% from ₹458.75 crore in Q3 FY24

    January 21, 2025, 12:46 PM

  27. Dalmia Bharat shares rise 2%

    Shares of Dalmia Bharat are trading at ₹1,776.8 per piece price, up 1.41% on the NSE. The company is expected to declare its results today.

    January 21, 2025, 12:30 PM

  28. South India Bank shares fall 2%

    Shares of South India Bank are trading down by 1.59% at ₹26.58 apiece on the NSE ahead of its Q3 result announcement on Tuesday, January 21.

    January 21, 2025, 12:20 PM

  29. India Cement shares slump 5% ahead of Q3 earnings

    Shares of India Cement were trading in the red ahead of earnings announcement on Monday, January 21. The stock slumped 4.86% to ₹360.8 apiece on the National Stock Exchange.

    January 21, 2025, 12:16 PM

  30. Zomato shares plunge over 8% as Q3 net profit falls 57% to ₹59 crore

    Shares of Zomato are trading 8.2% lower at ₹220.1 apiece price on the National Stock Exchange, one day after the company reported a Q3 net profit decline of 57.2%.

    Its net profit for Q3FY25 stood at ₹59 crore, compared to ₹134 crore in the year-ago period.

    January 21, 2025, 12:20 PM

  31. Dixon Technology shares tank 14% despite Q3 net profit rising 124%

    Dixon Technology shares are trading in the red at ₹15,198.35 apiece, down 13.45% on the NSE, a day after the company announced a 124% rise in its Q3 net profit to ₹216.2 crore.

    In the corresponding period last year, it was at ₹97 crore.

    January 21, 2025, 12:26 PM

  32. Oberoi Realty shares plunge 7% despite 71.7% YoY increase in Q3 net profit

    Oberoi Realty shares were down 7.21% on Tuesday despite the company reporting a 71.7% surge in its Q3 net profit a day prior.

    The share is currently trading at ₹1,858.45 apiece, down 7.21% on the National Stock Exchange.

    On Monday, January 20, the real estate developer declared its Q3 earnings. Its net profit stood at ₹618.4 crore in Q3 FY25, compared to ₹360.2 crore in the same period last year.

    Its revenue from operations was at ₹1,411 crore, up 34% from ₹1,053.7 crore in Q3 FY24.

    The company's EBITDA jumped 68% to ₹856 crore in the quarter ending December 31, 2024 from ₹509.5 crore.

    January 21, 2025, 11:01 AM

  33. NIFTY, SENSEX trade in negative territory

    Benchmark indices declined in the early trade on Tuesday. NIFTY fell 0.69% to 23,184.25, while SENSEX shed 670 points to 76,401.

    January 21, 2025, 10:39 AM

  34. Newgen Software shares fall 11% despite 31% growth in Q3 PAT

    Shares of tech firm Newgen Software Technologies plummeted 10.86% despite the company posting a 30.8% year-on-year increase in consolidated net profit to ₹89 crores for the December quarter.

    The Noida-headquartered firm reported a profit of ₹68 crore in the year-ago period.

    January 21, 2025, 10:28 AM

  35. Jammu & Kashmir Bank share price falls

    Jammu & Kashmir Bank shares down 2%, a day after it reported a 26.2% rise in profit after tax to ₹531 crore for the October-December quarter of FY25 compared to ₹421.08 crore in the year-ago period.

    January 21, 2025, 10:16 AM

  36. Dalmia Bharat shares trade in green

    Shares of Dalmia Bharat are trading 1.49% higher at ₹1,778.15 apiece on the NSE. Intraday, it rose up to 2.5%.

    January 21, 2025, 10:06 AM

  37. IRFC posts ₹1,631 crore net profit in December quarter, shares down 2%

    Shares of Indian Railway Finance Corporation Ltd (IRFC) were down 1.81% on Tuesday after the company reported a 2% increase in net profit to ₹1,631 crore for the third quarter ended December 2024.

    The NBFC, under the administrative control of the Ministry of Railways (MoR), had earned a post tax profit of ₹1,599 crore in the year-ago period.

    January 21, 2025, 09:53 AM

  38. Cyient DLM shares up over 1%

    Shares of Cyient DLM are trading at ₹606.95 apiece, reflecting an increase of 1.11% on the NSE ahead of results announcement on Tuesday.

    January 21, 2025, 09:44 AM

  39. KEI Industries shares fall over 1%

    Shares of electrical wires and cables manufacturer KEI Industries were trading 1.16% lower at ₹4,100 per unit on the National Stock Exchange (NSE). The company will announce its financial results on Tuesday, January 22.

    January 21, 2025, 09:33 AM

  40. Zomato shares drop 6% as Q3 profit declines

    Shares of food tech giant Zomato on Tuesday declined 5.94% after the firm reported 57.2% decline in consolidated net profit for the December quarter. READ MORE.

    January 21, 2025, 09:25 AM

  41. Tata Technologies shares rise ahead of earnings

    Shares of Tata Technologies were trading in the positive territory ahead of earnings announcement on Monday, January 21. The stock is up 1.5% to ₹824.6 apiece on the NSE.

    January 21, 2025, 09:24 AM

  42. Tata Tech, Dalmia Bharat, Cyient DLM, others to announce Q3 earnings on Jan 21

    Q3 results: Companies including electronics system design and manufacturing player Cyient DLM, global engineering services company Tata Technologies, real estate developer Aditya Birla Real Estate, electrical wires and cables manufacturer KEI Industries, life insurer ICICI Prudential Life Insurance Company and public sector lender UCO Bank among others will release their latest December quarter earnings on Tuesday, January 21.

    January 21, 2025, 09:23 AM