Stock Market, Q3 Results Live Updates: Bhansali Engineering Polymers Q3 revenue surges 19% to ₹345.8 crore, net profit up 2%
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5 min read | Updated on January 16, 2025, 15:24 IST
SUMMARY
Mukesh Ambani-led Reliance Industries Ltd, private lender Axis Bank, information technology major Infosys, and technology consulting and digital solutions provider LTIMindtree are among the major companies to declare earnings on Thursday, January 16.
Mastek Q3 net profit jumps 27% to ₹95 crore
Mastek Q3 results: Mastek on January 16, reported a 27% climb in its net profit to ₹95 crore in Q3FY25 from ₹75 crore in the previous-period.The company's revenue from operations climbed 11% year-on-year to ₹870 crore from ₹784 crore.
Its EBITDA stood at ₹141 crore in the current quarter, jumping 6% from ₹134 crore in year-ago period.
The company's EBITDA margin contracted to 16% from 17%.
January 16, 2025, 15:24 PM
Spencer's Retail Q3 net loss shrinks, revenue falls 21%
Spencer's Retail Q3 results: Spencer's Retail net loss contracts to ₹47 crore in the current quarter of FY25 from ₹51 crore in the year-ago period.Similarly, the company's revenue from operations slumped 21% from ₹654 crore in Q3FY24 to ₹517 crore in the current period.
Its EBITDA jumped 8% to ₹13 crore from the previous ₹12 crore. Further, the EBITDA margin expanded to 2.5% from 1.8%.
January 16, 2025, 15:13 PM
Alok Industries Q3 revenue sinks 31%, net loss at ₹273 crore
Alok Industries Q3 results: The company on Thursday reported a net loss of ₹272.9 crore in the quarter-ending December 31 of FY25, expanding from the previous loss of ₹229.9 crore.Further, its revenue from operations also slumped 31% to ₹864 crore in Q3FY25 from ₹1,253 crore in the year-ago period.
The company's EBITDA loss stood at ₹41.5 crore, compared to ₹5.6 crore in Q3FY24.
January 16, 2025, 15:13 PM
Sterling & Wilson reports net profit at ₹14.8 crore, Q3 revenue surges 215%
Sterling and Wilson Q3 results: The company announced a consolidated net profit of ₹14.8 crore, in contrast to the ₹63.7 crore net loss it reported in the year-ago period.
Its revenue surged 215.09% year-on-year to ₹1,837 crore, compared to ₹583 crore in Q3FY44.
The company's EBITDA stood at ₹70.5 crore, a turn-around from the previous year's EBITDA loss of ₹16 crore.
It reported an EBITDA margin was 3.6%.
January 16, 2025, 14:25 PM
Bhansali Engineering Polymers Q3 revenue surges 19% to ₹345.8 crore, net profit up 2%
Bhansali Engineering Polymers Q3 results: Bhansali Engineering Polymers on January 16 announced an 18.5% year-on-year surge in its revnue from operations, which jumped to ₹345.8 crore in Q3FY25 from ₹291.8 crore in the year-ago period.The company's net profit also jumped 1.5% to 40.8 crore from 40.2 crore in Q3FY24.
Its EBITDA rose 10.5% to ₹51.7 crore from ₹46.9 crore. However, its EBITDA margin contracted to 15%, compared to the previous 16%.
January 16, 2025, 14:09 PM
DB Corp Q3 net profit falls 5% to ₹118.2 crore
DB Corp Q3 results: DB Corp on Thursday, January 16, announced a 4.7% (year-on-year) decline in net profit, which fell to ₹118.2 crore in the third-quarter of FY25, compared to ₹124 crore in the year-ago period.Its revenue from operations fell 0.3% to ₹642.6 crore in the current quarter from ₹644.7 crore in Q3FY24.
The company's EBITDA slumped 3.2% from ₹183 crore in the year-ago period to ₹177.2 crore in Q3FY25. The EBITDA margin contracted to 27.6% from 28.4%.
January 16, 2025, 14:09 PM
Sugar stocks climb 6% on likely ethanol price hike
Stock of sugar companies climbed 6% after CNBC-Awaaz reported that the Cabinet may soon approve a hike in ethanol price.Praj Industries was trading at ₹780 apiece, up 5.50% on the NSE.
Shree Renuka surged to ₹38.95, up 5.99%.
Bajaj Hindustan Sugar shares were up 4.36 %, trading at ₹29.66 apiece price.
January 16, 2025, 13:12 PM
Adani Group shares rally as US Hindenburg Research shuts down
Adani Group shares, including Adani Enterprises, Adani Power, Adani Ports & SEZ, and Adani Green Energy rallied on Thursday, January 16, after it was announced that Hindenburg Research was closing its doors.Adani Enterprises, the group flagship, surged over 7% to hit an intra-day high of ₹2,570 on NSE in early deals on Thursday. The stock was trading at ₹2,426.05 apiece at around 11:55 am.
Adani Power surged 9.21% on the NSE.
January 16, 2025, 12:11 PM
Havells shares surge 2% ahead of Q3 earnings
Havells India Ltd shares are trading at ₹1,551.30 apiece, up 1.57%, on the National Stock Exchange (NSE).
January 16, 2025, 11:32 AM
Axis Bank shares ascend ahead of earnings
Axis Bank shares are trading at ₹1,035.60 apiece, up 0.86%, on the National Stock Exchange (NSE).
January 16, 2025, 10:26 AM
Markets rally in early trade tracking global peers
Benchmark indices NIFTY and SENSEX surged in early trade on Thursday in tandem with a rally in global markets after lower-than-expected consumer inflation in the US ignited hopes of more rate cuts by the Federal Reserve.
SENSEX jumped 266 points to 76,989 in early trade. NIFTY rallied 0.45% to 23,318.
January 16, 2025, 10:17 AM
HDFC Life shares jump 10% post Q3 results
Shares of HDFC Life rose 10% after the company's net profit increased 14% year-on-year (YoY) to ₹415 crore in the December quarter.January 16, 2025, 09:49 AM
BSE SENSEX: Winners and losers at 9:29 am
Here's how SENSEX components are performing:
January 16, 2025, 09:30 AM
Reliance Industries share price rises ahead of Q3 results
Shares of Reliance Industries Ltd are trading 0.4% higher ahead of Q3 earnings announcement on Thursday.
January 16, 2025, 09:28 AM
Q3 results today: RIL, Infosys, Axis Bank, Waaree Renewable Tech, others to declare earnings
Q3 results today: Mukesh Ambani-led Reliance Industries Ltd, private lender Axis Bank, information technology major Infosys, and technology consulting and digital solutions provider LTIMindtree are among the major companies to declare earnings on Thursday, January 16.Solar EPC solutions provider Waaree Renewable Technologies, textile manufacturer Alok Industries, newspaper group DB Corp, electrical equipment maker Havells India, footwear retail company Metro Brands and dairy company Hatsun Agro Product will also declare their financial results for the October-December quarter of the financial year 2024-25.
January 16, 2025, 09:26 AM
