"The festive quarter gone by firmly established the FY25 growth trajectory after a muted Ql and healthy Q2. Jewellery saw its strongest quarter (yet) for the fiscal year, growing well in excess of 25% at a retail level. Consumer preference for gold, both as adornment jewellery and as a store of value continued to remain fairly strong," CK Venkataraman, Managing Director of Titan commented.

“Our analog watches clocked a healthy retail growth of 20%, reinforcing Titan's customer value proposition in the eyes of the consumer. EyeCare's retail growth returning to double-digits was encouraging," he said.

"The custom duty-related losses on the inventory (held at the time of the duty change) have been fully realized in this quarter and hence the profitability is lower to that extent. We are committed to investing in the growths of all our businesses and specifically the emerging ones to help them scale faster. We remain optimistic on our performance and hope to end the fiscal year with a good growth over FY24," Venkataraman stated.

However, its revenue from sales rose 25.69% YoY to ₹17,550 crore in the third quarter of the 2024-25 fiscal, compared to ₹13,963 crore in the year-ago period.

Its revenue from operations stood at ₹1,704.85 crore, jumping 11.02% YoY from ₹1,535.65 crore in Q3 FY24.

Its revenue was at ₹4,349 crore, jumping 24% YoY from ₹3,517 crore in Q3 FY24.

"We have delivered a sustained PAT growth trajectory over the last 21 quarters and all our businesses have been contributing to this growth. We have emerged as a clean energy leader with presence across the full value chain of manufacturing, EPC, and development of renewable projects along with retail supply through group captives. As an integrated power company, we offer complete energy services towards our portfolio of generation, transmission and distribution solutions to provide affordable power for all," Dr. Praveer Sinha, CEO and Managing Director commented.

"Our operations in Odisha have emerged as a role model for Discom reforms. We are earnestly exploring distribution opportunities in other states to support the government's focus on revamping the sector," he said

"Our recent wins in large-scale transmission projects reaffirm our expertise and commitment to evacuation and supply of power nationwide and put us at the centre of the development of upcoming Green Energy Corridors," Dr. Sinha added.

"As the Government is looking for active partnerships with private players and the amendment to the Nuclear Power Act to set up nuclear energy capacity, we will take up the opportunities to set up small modular nuclear reactors,” he said.

The company's revenue from operations rose 4.83% YoY to ₹15,391.06 crore from ₹14,651 crore in Q3 FY24.

However, its revenue rose to ₹2,508 crore, jumping 8% YoY from ₹2,324 crore in Q3 FY24.

The company's EBITDA expanded 0.5% to ₹189 crore in contrast to ₹188 crore. Its EBITDA margin contracted to 7.5% from 8,1%.

Its kitchen business, which also falls under the home decor vertical, recorded a 2.7% YoY increase in sales to ₹102.7 crore from ₹100.1 crore in Q3 FY24.

The company's sales of White Teak in Q3 FY25 decreased by 22.8% to ₹ 26.0 crores, while sales of Weatherseal decreased by 14.1% to ₹11.8 crores. Decline in sales was driven by weak seasonal demand.

Shares of Asian Paints are trading in the green at ₹2,355.85 apiece, up 2.77% on the NSE on Tuesday, February 4 despite reporting a 23% fall in its net profit in Q3 FY25.

This is due to improved macro-economic conditions in Sri Lanka, Bangladesh and Nepal offset by currency devaluation in Ethiopia and Egypt.

“The paint industry continued to be impacted by subdued demand conditions during the quarter, especially in the urban centers. We registered a 6.6% decline in overall coatings business in India, including Industrial. The domestic decorative business delivered a 1.6% volume growth while the standalone revenues declined by 7.5% for the quarter impacted by the weak festive season demand," said Amit Syngle, Managing Director & CEO of Asian Paints Limited.

"While we saw sequential improvement in operating margins, the adverse mix coupled with increased sales and distribution expenses affected operating margins on a year on year basis. The Industrial Business fared better with revenues growing by 3.8% supported by growth in the General Industrial and Refinish segments. We continued to see growth in our Home Décor Business progressing on our network expansion journey. On the International side, the portfolio registered 5% growth (17.1% in constant currency terms) driven by growth in the Middle East and recovering macro-economic conditions in key Asian markets," he added.

"In the near term, we remain cautiously optimistic on a recovery in demand conditions while we continue to invest in our brand and focus on innovation and customer centricity.” Syngle said.

The company's revenue from sales stood at ₹8,521.51 crore, slumping 6.10% YoY from ₹9,074.94 crore in the third quarter of the 2024-25 fiscal.

Asian Paints' total expenses were at ₹7,224.10 crore in the December quarter, down 1.33% year on year.

Its total income, which includes revenue from other sources, was down 5.9% at ₹8,692.44 crore in the December quarter.

Shares of Godrej Properties are trading at ₹2,388.05 apiece, up 2.94% on the NSE after the realtor announced a 161% YoY increase in its net profit to ₹163 crore in Q3 FY25.

Its total income stood at ₹1,222 crore, jumping 133% YoY from ₹524 crore in the same period last year.

The company's EBITDA expanded 85% YoY to ₹280 crore from ₹152 crore in Q3 FY24.

Shares of One MobiKiwik were trading in the read at ₹405.60 apiece, down 0.28% on the NSE after the company recorded a loss of ₹55 crore in the third quarter of FY25.

Its revenue from operations slipped 17.71% YoY to ₹269.48 crore in teh quarter uner review, compared to ₹228.93 crore in Q3 FY'24.

The company's revenue from operations stood at ₹884 crore for the December quarter, jumping 38.56% from ₹638 crore in Q3 FY24.

Shares of One MobiKwik Systems Ltd plunged 3.87% to ₹391.00 on the NSE.

Shares of Whirpool India were trading flat at ₹1,181.35 apiece, down 0.013% on the NSE.

Shares of Happiest Mind were trading in the negative territory at ₹713.70, down 0.15% on the NSE.

Asian Paints shares are trading in the red at ₹2,274.25, down 0.79% on the NSE on February 9, 2025. The company will announe its October-December results.

Asian Paints expect a 2-5% year-over-year drop in consolidated revenue, between from ₹8,670 and ₹8,850 crore. Net profit is expected to drop steeply, by 22-25%YoY, ranging from ₹1,105 to ₹1,145 crore.

As per analysts, Titan's standalone Q3 revenue is projected to increase 25% to 28% YoY to stand between ₹16,500 and ₹16,800 crore. Additionally, its net profit is expected to grow by 10% to 12% YoY between ₹1,105 and ₹1,185 crore.

Shares of Titan were trading at ₹3,578.15, down 0.06% on the National Stock Exchange in early trade on Tuesday, February 4 ahead of its Q3 result announcemnt,