Q3 Results: Reliance Industries, Wipro, Tech Mahindra, Himadri Speciality, Tata Tech, Leela Palaces & others to post earnings on Jan 16

Q3 Results: Over 35 companies are scheduled to announce their December quarter numbers on Friday, January 16. The list includes names such as Reliance Industries (RIL), Wipro, Tech Mahindra, Polycab India, L&T Finance, Tata Technologies, Leela Palaces Hotels & Resorts, Sobha, Central Bank of India, and Himadri Speciality Chemical.

According to experts, oil-to-telecom conglomerate Reliance Industries (RIL) is expected to report sustained growth in revenue and net profit, aided by its telecom and retail businesses.

RIL's consolidated Q3 revenue could range between ₹2.54 and ₹2.56 lakh crore, rising 6.2% to 7.1% YoY and 0.5% to 1% on a sequential basis. The company reported revenue of ₹2.54 lakh crore in the previous quarter and ₹2.39 lakh crore in Q3FY25.

Net profit is expected to rise by 2 to 3% compared to the previous quarter, between ₹18,550 crore and ₹18,700 crore, while remaining flat on a yearly basis. The company reported a net profit attributable to owners of ₹18,540 crore in Q3FY25 and ₹18,165 in the previous quarter.

Investors will closely track Reliance Industries' Q3 results to gauge the performance of the retail, telecom and oil refining businesses. Management commentary on the overall business scenario will also be closely watched.

Other sets of companies that will announce earnings today are Jindal Saw, SML Mahindra, Bajaj Healthcare, Geojit Financial Services, and Kesoram Industries.

On Thursday, a host of companies released their December quarter earnings.

For instance, Jio Financial Services reported its earnings for the third quarter of the 2025-26 financial year (Q3FY26) on Thursday, January 15, posting an 8.75% year-on-year (YoY) drop in its consolidated net profit to ₹268.98 crore.

The NBFC’s pre-provisioning operating profit grew by 7% YoY to ₹354 crore, it added.

The Reliance Group firm's total revenue from operations, however, surged onefold annually to ₹900.90 crore during the quarter under review, compared to ₹294.78 crore in the December quarter of FY25.

L&T Tech on Thursday, December 15, reported a consolidated net profit of ₹303 crore for the quarter ended December 31, 2025 (Q3 FY26), down 8% sequentially from ₹329 crore in Q3 FY26. On a year-on-year (YoY) basis, it registered a decline of 6%.

The company’s revenue from operations for the quarter under review came in at ₹2,924 crore, rising 10.2% on both a QoQ and YoY basis.