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  1. Q3 Results Highlights: L&T net profit falls 4% YoY to ₹3,215 crore, Maruti Suzuki revenue rises 29%

Q3 Results Highlights: L&T net profit falls 4% YoY to ₹3,215 crore, Maruti Suzuki revenue rises 29%

Upstox

5 min read | Updated on January 28, 2026, 21:26 IST

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SUMMARY

Q3 Results Highlights: Maruti Suzuki India reported a 4% YoY increase in its net profit to ₹3,794 crore in Q3FY26, compared to 3,659 crore in the year-ago period.

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More than 100 companies will declare earnings on Wednesday, January 28, 2025. | Image: Shutterstock

  1. Q3 Results Live Updates: LT Food profit rises 10% YoY to ₹157 crore

    • Revenue at ₹2,809.2 crore versus ₹2,274.8 crore, up 23.5% YoY
    • Net profit at ₹157.35 crore versus ₹143.25 crore, up 9.8% YoY

    January 28, 2026, 19:31 PM

  2. Q3 Results Live Updates: Lodha Developers net profit grows marginally YoY to ₹957 crore

    • Revenue at ₹4,672 crore versus ₹4,083 crore, up 14.4% YoY
    • Net profit at ₹956.9 crore versus ₹944.4 crore, up 1.3% YoY

    January 28, 2026, 19:34 PM

  3. Q3 Results Live Updates: Balkrishna Industries profit declines 15% YoY to ₹382 crore

    • Revenue at ₹2,736.8 crore versus ₹2,560.3 crore, up 6.9% YoY
    • Net profit at ₹382.15 crore versus ₹449.48 crore, down 14.98% YoY

    January 28, 2026, 19:37 PM

  4. Q3 Results Live Update: What L&T Chairman said about the earnings

    Q3 Results Live Updates: Commenting on the earnings, S N Subrahmanyan, Chairman and Managing Director of Larsen and Toubro, said: "We have witnessed another landmark quarter for the Company as we posted our highest ever quarterly order inflow. For the first time, the quarterly order inflow in our Projects & Manufacturing (P&M) portfolio has exceeded the ₹ 1 lakh crore mark - a clear reflection of our capabilities and the inherent strength of our business model."

    "Consequently, the order book of the Company has surpassed the ₹ 7 lakh crore mark. This growth is driven by our unwavering commitment to provide sustainable execution, leveraging cutting-edge technology and seamlessly integrating ESG principles into our business framework," he stated.

    "Looking ahead, we remain optimistic that pro-growth momentum will be maintained in the eco-system through sustained capital expenditure. We expect additional policy thrust to strengthen domestic manufacturing and fiscal incentives to support the deepening of India’s digital and AI ecosystem," Subrahmanyan added.

    "As we scale up, we remain committed to deliver a technology-led growth and creating long-term value for our stakeholders,” he noted.

    January 28, 2026, 17:47 PM

  5. Q3 Results Live Updates: L&T net profit falls 4% YoY to ₹3,215 crore

    • Revenue at ₹71,449.70 crore versus ₹64,667.78 crore, up 10.49% YoY
    • Net profit at ₹3,215.11 crore versus ₹3,358.84 crore, down 4.29% YoY
    • EBITDA at ₹7,417 crore versus ₹6,255 crore, up 18.58% YoY
    • EBITDA margin at 10.38% versus 9.67% YoY
    • The New Labour Codes resulted in a one-time material increase in provision for employee benefits on account of recognition of past service costs;L&T faced an incremental impact of ₹1,343.76 crore (net of tax) as exceptional Items.

    January 28, 2026, 17:54 PM

  6. Q3 Results Live Updates: Glan Pharma net profit advances 28% YoY to ₹261 crore, revenue up 22%

    • Revenue at ₹1,695.36 crore versus ₹1,384.05 crore, up 22.49% YoY
    • Net profit at ₹261.48 crore versus ₹204.69 crore, up 27.74% YoY

    January 28, 2026, 17:22 PM

  7. Q3 Results Live Updates: SBI LIC profit gains 5% YoY to ₹577 crore

    • Net premium income at ₹30,245.32 crore versus ₹24,827.54 crore, up 21.82% YoY
    • Net profit at ₹576.74 crore versus ₹550.82 crore, up 4.71% YoY

    January 28, 2026, 16:21 PM

  8. Q3 Results Live Updates: TVS Holdings profit advances 28% YoY to ₹493 crore

    • Revenue at ₹15,275 crore versus ₹11,359 crore, up 34.5% YoY
    • Net profit at ₹493.2 crore versus ₹386 crore, up 27.8% YoY

    January 28, 2026, 16:15 PM

  9. Q3 Results Live Updates: Maruti Suzuki India shares fall 5% post earnings

    Q3 Results Live Updates: Shares of Maruti Suzuki India fell as much as 5.34% to an intraday low of ₹14,431 apiece after the earning were announced.

    At the time of writing, the stock was trading 1.61% lower at ₹15,000 per unit on the NSE.

    January 28, 2026, 14:53 PM

  10. Q3 Results Live Updates: Maruti Suzuki India key reasons for YoY margin improvement in Q3FY26

    Positive factors

    • Favorable operating leverage
    • Favorable product mix
    • Lower sales promotion expense

    Negative factors

    • Adverse commodity prices and adverse impact due to Rare Earth Element (REE) supply issues
    • Unfavourable Fixed Cost Incidence (FCI) on account of inventory depletion
    • Price reduction in some models
    • One-time provision on account of the New Labour Codes leading to higher employee cost

    January 28, 2026, 14:42 PM

  11. Q3 Results Live Updates: Maruti Suzuki India earnings highlights

    • Owing to the GST reform, there was a sharp recovery in the Indian car market, primarily led by the small car segment.
    • The company achieved its highest-ever Quarterly domestic sales of 564,669 units as compared to 466,993 units in Q3 the previous year, an increase of 97,676 units.
    • Out of this increase, the small car segment in the 18% GST bracket accounted for 68,328 units.
    • The company clocked record total sales of 667,769 units including exports of 103,100 units. In the same period last year, the total sales were at 566,213 units, comprising domestic sales of 466,993 units and exports of 99,220 units.

    January 28, 2026, 14:32 PM

  12. Q3 Results Live Updates: Maruti Suzuki India profit rises 4% YoY to ₹3,794 crore; one-time imapct due to labour code

    • Revenue at ₹49,891.5 crore versus ₹38,752.3 crore, up 28.7% YoY
    • Net profit at ₹3,794 crore versus ₹3,659 crore, up 3.69% YoY
    • EBITDA at ₹5,571.7 crore versus ₹5,064.6 crore, up 10% YoY
    • EBITDA margin at 11.7% versus 13.8%, down 210 basis points (bps) YoY
    • Net Profit was impacted by a one-time provision of ₹593.9 crore on account of the New Labour Codes

    January 28, 2026, 14:59 PM

  13. Q3 Results Live Updates: Bharat Electronics net profit up 20% to ₹1,579 crore

    • Revemue at ₹7,154 crore versus ₹5,771 crore, up 23.96% YoY
    • Net profit at ₹1,579 crore versus ₹1,311 crore, up 20.44% YoY
    • EBITDA at ₹2,127 crore versus ₹1,670 crore, up 27.37% YoY
    • EBITDA margin at 29.73% versus 28.94% YoY

    January 28, 2026, 14:15 PM

  14. Q3 Results Live Updates: TVS Motor Company net profit soars 49% to ₹841 crore

    • Revenue at ₹14,759 crore versus ₹11,035 crore, up 33.72% YoY
    • Net profit at ₹841 crore versus ₹566 crore, up 48.62% YoY
    • EBITDA at ₹2,271 crore versus ₹1,654 crore, up 37.27% YoY
    • EBITDA margin at 15.39% versus 14.99% YoY

    January 28, 2026, 13:23 PM

  15. Q3 Results Live Updates: Park Medi World net profit falls 31% QoQ to ₹51 crore

    • Revenue from operations at ₹410 crore, flat QoQ
    • Net profit at ₹50.7 crore versus ₹73.5 crore, down 31.02% QoQ

    January 28, 2026, 13:01 PM

  16. Q3 Results Live Updates: L&T could see 26-29% growth in net profit

    Q3 Results Live Updates: According to experts, L&T could see robust 26% to 29% YoY growth in net profit in the range of ₹4,250 to ₹4,370 crore. The company reported a net profit of ₹3,359 crore in Q3FY25, while it stood at ₹3,926 crore in the previous quarter. Read more.

    January 28, 2026, 12:58 PM

  17. Q3 Results Live Updates: CarTrade Tech profit rises 31% to ₹56 crore, revenue up 19%

    Q3 Results Live Updates: The consolidated net profit of multi-channel auto platform CarTrade Tech rose 30.82% to ₹55.85 crore in the December quarter of FY26, compared to ₹42.69 crore a year back.

    The company's revenue from operations increased 18.98% year-on-year (YoY) to ₹209.67 crore.

    January 28, 2026, 12:06 PM

  18. Q3 Results Live Updates: Eveready Industries India to post earnings on February 5

    Q3 Results Live Updates: The board of Eveready Industries India Ltd will meet on February 5 to declare earnings for latest December quarter.

    January 28, 2026, 11:17 AM

  19. Q3 Results Live Updates: Vodafone Idea shares rise as net loss narrows to ₹5,286 crore

    Q3 Results Live Updates: Shares of debt-ridden telecom operator Vodafone Idea rose 2.24% to ₹10.05 on Wednesday as its consolidated net loss narrowed to ₹5,286 crore in the third quarter ended December 2025, mainly on account of service upgrades by customers.

    The company posted a net loss of ₹6,609 crore in the year-ago period, according to a regulatory filing.

    January 28, 2026, 11:15 AM

  20. Q3 Results Live Updates: Maruti Suzuki shares falls

    Q3 Results Live Updates: Ahead of the earnings declaration, shares of automaker Maruti Suzuki India are trading 2.37% lower at ₹14,882.

    January 28, 2026, 10:13 AM

  21. Q3 Results Live Updates: L&T shares rise

    Q3 Results Live Updates: Shares of Larsen & Toubro are trading 0.84% higher at 3,819.7 apiece on the NSE ahead of earnings announcement.

    January 28, 2026, 10:12 AM

  22. Q3 Results Live Updates: L&T, Maruti Suzuki, BEL, Lodha Developers, TVS Motor, SBI Life, others to post earnings on Jan 28

    Q3 Results Live Updates: Companies that will announce earnings on Wednesday, January 28, include Larsen & Toubro, Maruti Suzuki India, Bharat Electronics Ltd, SBI Life Insurance Company, TVS Motor Company, Lodha Developers, SBI Cards & Payment Services, GE Vernova TD India, Phoenix Mills, Fertilisers and Chemicals Travancore, Mahindra and Mahindra Financial Services, Cochin Shipyard and Balkrishna Industries. Read More.

    January 28, 2026, 10:11 AM