Q3 results
SpiceJet Q3 Results: Co posts Rs 26 profit vs loss a year ago; revenue up 35%
SpiceJet Q3 Results: SpiceJet turned profitable in Q3 2024, recording a net profit of Rs 26 crore due to strong passenger demand and improved efficiency. The airline's revenue surged by 35%, and its net worth became positive for the first time in a decade, supported by strategic financial recovery efforts.
Target’s strong Q4 profit: Target warns about consumer spending decline and tariff pressures—Is the US economy at risk?
Target Q4 Earnings 2025 exceeded expectations despite economic hurdles. The company reported $1.1 billion in net income, with EPS at $2.41, surpassing forecasts. However, revenue declined by 3.1% to $30.9 billion due to shifting consumer behavior and rising tariff concerns. Comparable sales grew by 1.5%, driven by strong demand in beauty and apparel. Target’s stock surged 5%, though it remains down 10.7% YTD. With inventory reduced by 12%, the company aims to strengthen its market position in fiscal 2025. Investors are watching how pricing strategies and cost optimization will shape Target’s future performance.
Growing up, with uncertainties
New GDP estimates show Q3 growth has improved to 6.2% and the FY25 growth estimate has been revised to 6.5%. Previous fiscal growth estimates were also revised upward. However, global economic uncertainties and possible trade wars under Trump introduce unpredictability, making it crucial for economic policies to sustain growth without triggering inflation.
India Playbook 2025: Market concerns may temper as we head into FY-26
Domestically falling forex reserves, a weaker Rupee, slowdown in retail consumption, banking system liquidity crunch and cut in Corporate India earnings since 2Q 2024 are the key concerns which have led to FIIs taking out US$ 24 bn in the last six months.
Is the selling in smallcap stocks over? Motilal Oswal’s Sneha Poddar offer insights
The recent underwhelming earnings performance of many small and midcap companies on account of rising costs, weakening demand, and sector-specific headwinds have eroded profitability, leading to earnings downgrades.
Ethos ticks well on D-St with rising sales of luxury watches
Ethos added five new stores in the December quarter and 13 in the first nine months of FY25, taking the total count to 73 stores. The company aims to open six more boutiques by the end of FY25. It has signed six exclusive brand partnerships since April, with more collaborations in the pipeline.
Stocks to buy today: ICICI Securities upgrades City Union Bank; AnandRathi sees over 30% upside in Coforge
Anand Rathi maintains its Buy rating on Sharda Cropchem, citing expectations of double-digit revenue growth and stable margins, with a target price of Rs 730, indicating a 30% upside potential.
Jefferies removes India's Siemens from Asia ex-Japan portfolio, gets greedy for Chinese BYD, Tencent, CATL
Jefferies has removed India's Siemens from its Asia ex-Japan long-only equity portfolio to increase China’s weighting by 2%. The move follows Siemens' 22% underperformance over six months, with India and Korea’s weightings reduced by 1% each.
JP Morgan reduces Coal India target price to Rs 395 citing multiple headwinds. Stock down 2%
JPMorgan cut Coal India's target price to Rs 395 from Rs 430, citing weak power demand, oversupply-driven lower coal prices, and rising competition. The stock fell 1.7% post-announcement. Coal India’s Q3 net profit declined 17% YoY to Rs 8,506 crore. The stock has dropped 18.67% in a year.
Hindalco Industries Q3 Results: Cons PAT jumps 60% YoY to Rs 3,735 crore, revenue up 11%
Hindalco Industries Q3 Results: Revenue from operations in Q3FY25 reached Rs 58,390 crore, marking an 11% increase from Rs 52,808 crore in the same quarter last year. The Aditya Birla Group's flagship company posted a 4.4% sequential decline in profit after tax, down from Rs 3,909 crore in Q2FY25. However, revenue saw a slight 0.32% quarter-on-quarter increase, reaching Rs 58,203 crore in the July-September period.
Godrej Industries surges 38% in five sessions on robust Q3 results
Godrej Industries saw a significant increase in its stock price, jumping 13.2% on Friday and up 38% over the past five trading sessions, following better-than-expected third-quarter results. The company reported a 90% yearly growth in consolidated profits and a 34% increase in revenue from operations.
IREDA shares in focus on approving Rs 5,000 cr fundraise via QIP
Shares of IREDA have risen by 7.90%. However, on a year-to-date (YTD) basis, the stock has dropped by 22.45%. In the last six months, the decline stands at 33.92%. Over the past three months, the price has decreased by 7.30%, and in the last month, it has fallen by 11.75%.
SJVN Q3 results: Cons PAT up 7% at Rs 149 crore, revenue jumps 23%
SJVN Q3 Results: SJVN reported a 7% YoY rise in Q3FY25 net profit to ₹149 crore, with revenue growing 23% to ₹671 crore. However, sequentially, PAT declined 66%, and the company announced an interim dividend of ₹1.15 per share.
Rs 17,000 crore IPO! Tata Capital’s D-St debut plan now hinges on NCLT nod for merger with Tata Motors Fin
Tata Capital has plans to raise USD 2 billion through an IPO with expectations of a valuation around USD 11 billion. The move is conditional on the final approval of Tata Motors Finance's merger by NCLT, anticipated to complete by FY25 end. The offering includes fresh issues and sales by existing shareholders.
Tata Motors, RIL among 1,100 stocks at 52-week lows as market rout deepens
Indian equities extended their losing streak, with over 1,100 BSE stocks hitting 52-week lows amid foreign outflows, weak earnings, and trade concerns. Nifty 50 is near bear market territory, while midcap and smallcap indices posted their worst losses since 2020. Despite the downturn, India remains the fastest-growing major economy, prompting selective investment opportunities.
Swan Energy Q3 Results: Cons PAT soars 406% to Rs 583 crore, revenue up 20%
Swan Energy Q3 Results: Swan Energy reported a 406% YoY surge in net profit to ₹583 crore for Q3 FY25, with revenue rising 20% to ₹1,908 crore. A sharp increase in other income boosted total income to ₹3,777 crore.
BSNL Q3 Results: Telco swings to black with Rs 262 crore profit, aided by network expansion & cost control
BSNL Q3 Results: The public sector telco reported a net loss of Rs 1,569.22 crore in Q3FY24. Its mobility services revenue grew 15% YoY, while fiber-to-the-home (FTTH) and leased line services saw YoY increases of 18% and 14%, respectively.
Women’s Day 2025 - Get perfect makeup with top selling primers and foundations in Amazon Sale
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Kia, Mercedes, Volkswagen among 300,000 vehicles recalled in the US: Is your car affected?
Kia, Mercedes-Benz, Volkswagen, BMW and Hyundai have issued recalls affecting nearly 300,000 vehicles due to various safety concerns. These include engine damage, faulty door locks and brake system issues among others. Car owners have been asked to check if their vehicles are included in the recall and take necessary action.
Specialty chemicals: Another re-set, or an opportunity? 6 stocks from different segments of chemical industry with upside potential of up to 38%
China Plus One is not in the headlines at the moment. But in the chemicals sector, both specialty and commodity chemicals, there are underlying changes taking place at a reasonably strong pace that may bring it back into the limelight. The focus is on ensuring at least partial backward integration so that, over the medium term, dependence on Chinese imports reduces. But that will take time, and during this phase there will be quarters, maybe years, when some of these companies will face some pressure. They may, for a while, turn from “buy” to “hold”, before turning “buy” again.
Coforge shares earn upgrades, Morgan Stanley gives Rs 11,500 target price
Coforge shares:The company has secured its largest deal to date, expected to contribute to revenue starting from Q1 FY26. If the deal progresses as projected, it could generate an additional $80–120 million in revenue for FY26, resulting in a 5–8% growth for the following year.
JSW Energy shares rally 5% as Morgan Stanley initiates coverage with Rs 545 target price
Shares of JSW Energy rose by 4.8% after Morgan Stanley gave an 'overweight rating' with a target price of Rs 545. The brokerage cited strong market share gains and projected an EBITDA CAGR of 24% for FY24-28. JSW Energy's renewable energy segment is expected to grow EBITDA by 52%. Despite recent profit declines, the stock showed a modest yearly increase.
Silver lining in Nifty's 6th largest drop since 2008-09 recession: 8 reasons why it is nearing bottom
Nifty correction: Nifty has fallen 16% from its all-time highs, marking its second-largest correction since the Covid crash. Axis Securities sees an opportunity for long-term investments, citing historical trends and technical indicators that suggest the market is nearing a medium-term bottom.
Puravankara Q3 Results: Company posts net loss of Rs 92 crore, revenue slumps 43%
Puravankara Limited reported a net loss of ₹92.64 crore in Q3 FY25, with revenue dropping 43% to ₹334 crore due to higher expenses and lower handovers. However, customer collections and average price realization showed positive growth.
Volkswagen to drive in Golf GTI, Tiguan R-line in India, seeks to enhance brand positioning
Volkswagen India will launch two globally recognized performance models, Golf GTI and Tiguan R-line, by the second quarter of 2025. Imported under the 'GSR 870 rule', volumes will be limited to 2,500 units annually. The launch aims to enhance Volkswagen's brand positioning, capitalizing on the models' global performance reputation.
Sonata off-key on D-Street, order rebound key
Sonata Software's stock dropped 24% in two weeks due to weak Q3 results, impacted by a key client ramp-down. Analysts expect continued short-term pressure but foresee a turnaround in H2 FY26 as order bookings improve. Client concentration remains a concern.
Glenmark Pharmaceuticals Q3 Results: PAT at Rs 348 crore versus YoY loss, revenue up 35%
Glenmark Pharmaceuticals Q3 Results: Glenmark Pharmaceuticals posted a net profit of ₹348 crore in Q3 FY25, reversing a ₹351 crore loss YoY. Revenue surged 35% to ₹3,388 crore, with strong growth in India and Europe, while EBITDA stood at ₹600 crore with a 17.7% margin.
SpiceJet clocks profit on reduced expense
Low cost carrier SpiceJet reported a profit of Rs 25 crore for Q3FY25, a turnaround from a loss of Rs 301.5 crore in the same quarter last year. This marks the first time in a decade the company's net worth has been positive, reflecting the success of its financial recovery efforts.
Honasa Consumer Q3 Results: Mamaearth operator's cons PAT flat at Rs 26 crore, revenue up 6% YoY
Honasa Consumer Q3 Results: Q3FY25 revenue from operations was reported at Rs 518 crore, marking a 6% increase from Rs 488 crore posted in the same quarter last year. In an exchange filing, the company reported a 6% revenue increase, reflecting growth momentum. Mamaearth expanded its market share and household penetration, reaching 2,16,814 FMCG retail outlets in India by December 2024 — a 22% YoY distribution growth, according to NielsenIQ.
Mind Over Money: From squash court to golf course — Kush Gupta on leadership lessons from sports
Kush Gupta, Director at SKG Investment & Advisory, shares how sports like squash and golf have shaped his leadership, problem-solving skills, and business acumen. His journey highlights resilience, discipline, and focus as key traits for success.
Wordle answer today for Wednesday, March 5, 2025: Hints, clues, and winning strategy to solve today’s Wordle #1,355 easily
Wordle 1355 answer for March 5, 2025, has puzzled many players. The solution, "SCRUM," is a term from rugby and agile project management, making it a tricky guess. With an average of 3.9 attempts per player and 27.1% solving it within three tries, this Wordle was a challenge. Discover the best strategies, difficulty level, and why some words feel harder to crack. Wordle continues to engage millions with its daily puzzles.
With its bottomline under pressure, Blinkit shifts to variable commission rates for sellers
Blinkit has revised its commission structure, shifting from fixed rates to variable pricing based on selling price. This move aims to boost profitability amid competition. The new rates take effect March 13, impacting sellers and brands.
Hold Utkarsh SFB., target price Rs 26: ICICI Securities
ICICI Securities recommends holding Utkarsh Small Finance Bank with a target price of Rs 26. The bank reported a net loss in the latest quarter, but improving collection efficiency signals some recovery. Short-term profitability remains under pressure. Promoters hold a significant stake in the company. FIIs and DIIs also have notable holdings.
PFC Q3 Results: Cons PAT jumps 23% YoY to Rs 5,829 crore; Rs 3.5/share dividend announced
PFC Q3 Results: Total revenue from operations in Q3FY25 reached Rs 26,798 crore, marking a 14% rise from Rs 23,571 crore in the same quarter last year. The state-run company also declared a third interim dividend of Rs 3.50 per share for FY 2024-25.
Stocks to buy today: Jefferies sees 48% upside in Jubilant FoodWorks; Morgan Stanley remains overweight on Titagarh
Jefferies has maintained a 'Buy' rating on Jubilant FoodWorks, expecting strong growth fueled by industry trends in the Quick Service Restaurant (QSR) sector and strategic efforts to revitalize its dining business.
RRB ALP result 2025 coming soon: Check CBT 1 merit list, scorecard & direct download link here
The Railway Recruitment Board (RRB) will soon release the RRB ALP Result 2025 for Assistant Loco Pilot CBT 1, held in November 2024. Candidates can check their scores on regional RRB websites by entering their registration details. Qualified candidates will proceed to CBT 2. Stay updated on the official RRB website for further details.
Horoscope Today, March 2, 2025: How will Venus retrograde impact Aries, Pisces, Leo, Virgo & other zodiac signs? Here's your daily horoscope predictions
Horoscope Today, March 2, 2025 – Get ready to uncover what the stars have in store for you! With Venus in retrograde from March 1 to April 12, 2025, major shifts in love, finances, and personal growth are happening. Whether you're an Aries facing challenges or a Pisces trusting your instincts, each zodiac sign has unique opportunities and warnings today. Discover your lucky number, lucky color, and how cosmic energy influences your career, relationships, and financial decisions. Stay ahead with detailed daily predictions and embrace the changes coming your way.
Meta fires 20 employees over data leaks: Report
According to The Verge, employee morale at Meta has taken a hit following CEO Mark Zuckerberg’s policy changes to content moderation. The termination of the company’s diversity, equity, and inclusion (DEI) initiatives, along with layoffs of “low performers”, has further contributed to dissatisfaction within the organisation.
They will probably surprise many: 9 stocks from the tourism ecosystem, 6 with upside potential of over 23% in 1 year
As the bears rule the street, take some time off and do a Google search. Check out hotel room rates in Mumbai or Delhi, or, for that matter, any city. Have they come down in the last three months? The answer is no. Now look at the Q3 results for Indigo airline. Is the company showing any stress? The answer is again no. But given the sentiment on the street, we are seeing strong cuts across the board. In such conditions there is a very high possibility that, even in a bearish market, when a sector delivers more than expected, the street will reward it. This may well be true of hotels and the broader tourism ecosystem.
Q3 results today: Hindalco among 460 companies to announce earnings on Thursday
About 460 companies are set to announce their Q3 earnings, including Hindalco and SJVN. Hindalco is expected to show robust growth, with a 62% YoY profit increase and an 11% revenue rise due to higher aluminium and alumina prices. Novelis may struggle with lower EBITDA due to tight scrap availability and flooding impacts at its Swiss plant.
Stock market today braces for big moves: Nvidia earnings, Trump tax cuts, and AI surge in focus on Wednesday, February 26, 2025
5 things to know before the stock market opens Friday 26 Feb 2025 . US stock futures are set to rise as investors anticipate Nvidia's quarterly earnings amid market flux from AI investments and recent selloffs. Key companies like Super Micro Computer and Lowe's report gains, while Stellantis battles a sharp decline in profits, impacting its stock price.
Alibaba makes AI model for video, image generation publicly available
Alibaba said it has released four variants of Wan 2.1 - T2V-1.3B, T2V-14B, I2V-14B-720P and I2V-14B-480P - which generate images and videos from text and image input. The "14B" indicates the variant accepts 14 billion parameters, meaning it can process far more input to yield more accurate results.
Bad to worse: Microfinance sector NPAs hit ₹50,000 crore at the end of December last year
Non-performing assets in the microfinance sector soared to ₹50,000 cr at the end of December, reaching a 13% ratio of gross loans. The sector faced elevated stress from over-lending and deteriorating credit discipline, despite regulatory measures to lower capital allocation requirements for risky assets.
Voda Idea starts 5G trials in Mumbai
Vodafone Idea (Vi) has initiated trials for its 5G services in Mumbai, with plans for a commercial launch around Holi in March. Selected users can currently experience high-speed connectivity during the trial phase. The full roll-out will expand to major cities including Delhi and Bengaluru.
Samvardhana Motherson shares in focus as Q3 profit jumps 62% YoY; Jefferies cuts target price
Samvardhana Motherson International’s shares will be in focus after the company reported a 62% rise in Q3 FY25 net profit, reaching Rs 879 crore, up from Rs 542 crore in Q3 FY24. Revenue increased 8% YoY to Rs 27,666 crore. EBITDA rose to Rs 2,776 crore, and net profit margin expanded to 3.6%, from 2.5% last year.
Ashok Leyland targets ₹2,000 crore in savings with focus on leaner financial structure and profit growth
Ashok Leyland, India's second largest truck and bus manufacturer, is advancing in its cost optimisation journey, targeting over ₹2,000 crore savings by March 2025. The company has already reduced costs significantly and aims to save an additional ₹600 crore this fiscal year. With improved profit margins and expanded non-truck businesses, the company is focused on sustained profitability and market adaptability.
Manappuram Finance shares fall 8% after Q3 results
Manappuram Finance shares dropped 5.8% to Rs 183 on BSE after reporting a 5.8% increase in profit after tax (PAT) to Rs 453 crore in Q3FY25. The net interest income (NII) rose by 13.7%, while the company announced an interim dividend of Re 1 per share.
Alibaba Q3 Results: Co beats revenue estimates on strong year-end shopping sales
China's Alibaba Group Holding on Wednesday topped Wall Street expectations for third-quarter revenue, on strong year-end shopping sales and the success of its strategy to attract cost-conscious consumers.
Hindalco Q3 results preview: PAT may jump 62% YoY; Novelis to be a dampener
Hindalco is expected to see a 62% YoY rise in PAT for Q3, driven by strong aluminum and alumina prices, despite lower profitability in Novelis. Revenues are also projected to increase 11% YoY, with a notable improvement in EBITDA due to lower power costs in India.
SAIL Q3 profit slumps 62% YoY to Rs 126 crore on lower steel prices
SAIL Q3 Results: SAIL's Q3 profit dropped 62% YoY to ₹126 crore due to lower steel prices, despite higher sales boosting revenue. EBITDA improved amid cheap imports and market challenges. The company expects infrastructure growth to support domestic steel demand.
Senco Gold shares plunge 32% in 2 days on weak Q3 earnings; brokerages downgrade
Senco Gold share price: Brokerage firm Motilal Oswal downgraded Senco Gold's rating from 'buy' to 'neutral' due to margin volatility and weak earnings visibility. It has set a target price of Rs 400, suggesting a potential upside of 31% from current levels.
IRCTC Q3 Results FY25: Cons PAT jumps 14% to Rs 341 crore. Rs 3 per share dividend announced
IRCTC Q3 Results FY25: Indian Railway Catering and Tourism Corporation (IRCTC) on Tuesday reported a 14% growth in its December quarter standalone net profit at Rs 341 crore versus Rs 300 crore reported in the year ago period.
Amid market bloodbath, can low-beta stocks be safe harbours? Here's what data suggests
The analysis revealed that nearly 96% (255) of low beta stocks have dropped by double digits from their 52-week peak, with 5% (13 stocks) falling over 50%. The highest fall has been 63%, recorded in Network 18 Media & Investments, followed by Whirlpool of India and Honasa Consumer (mamaearth), which have plunged 61% and 59%, respectively from their 52-week highs.
Nykaa Q3 Results: PAT surges 61% YoY to Rs 26 crore, but misses estimates
Nykaa Q3 Results: Nykaa reported a 61% YoY growth in its consolidated net profit to Rs 26.12 crore, falling short of the Street estimate. Revenue rose by 27% YoY to Rs 2,267 crore, aligning with expectations. The company's EBITDA for the October-December 2024 quarter stood at Rs 141 crore, with margins at 6.2%.
Zen Technologies shares plunge 28% in 2 days after Q3 results
Zen Technologies share price: For Q3 FY25, the company reported a net profit of Rs 38.62 crore, a 22% year-on-year increase from Rs 31.67 crore, mainly driven by higher other income.
Ircon Q3 Results: PAT slumps 65% YoY to Rs 86 crore, revenue down 11%
Ircon Q3 Results: Ircon International reported a 65% drop in Q3 net profit to ₹86 crore, with revenue declining 11% YoY. EBITDA and profit before tax also fell sharply. The company announced a ₹1.65 interim dividend and highlighted India's infrastructure growth prospects.
PN Gadgil Jewellers Q3 Results: Profit surges 49% to Rs 86 crore, revenue jumps 23%
PN Gadgil Jewellers Q3 Results: P N Gadgil Jewellers reported a 49.4% YoY profit growth in Q3 FY25, reaching ₹86 crore. Revenue rose 23.5% to ₹2,435.7 crore, driven by strong retail, e-commerce, and franchise performance, alongside aggressive showroom expansion.
Samvardhana Motherson shares slip 4% as brokerages cut target price post Q3 results
Samvardhana Motherson share price: Revenue from operations grew by nearly 8% year-on-year (YoY), reaching Rs 27,666 crore, up from Rs 25,644 crore in Q3 FY24. EBITDA increased to Rs 2,776 crore, while expenses rose 7% to Rs 26,559 crore. The company's net profit margin improved to 3.6%, compared to 2.5% a year earlier.
Largecap stocks and financial sectors offer the most value in short time: Sushant Bhansali
Sushant Bhansali, CEO of Ambit Asset Management, sees short-term value in largecap stocks and financials, but advises focusing on companies with visible earnings. He highlights long-term potential in pharmaceuticals, IT, FMCG, and financials, despite market challenges. Bhansali suggests being selective, especially in cyclical sectors like metals, and emphasizes patience and strategic weight adjustments in portfolios.
Amazon Sale 2025 - Top deals on Creatine you can’t miss
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Recovery time? Be selective, stay diversified and use this ratio for better decisions. 5 stocks with the right ratio and sales growth
How do you value a stock? Which has a high valuation, which is cheap? It depends on the ratio you use to ascertain value. And relying entirely on price-to-earnings (PE) ratio could lead to wrong investment decisions. Consider: Six months back, a stock was trading at a P/E ratio of, let’s say, 30, on a trailing 12-month (TTM) basis. Seemed reasonable, as much of the market was trading at much higher valuations. The Q3 numbers of the company turned out to be poor. And the TTM base PE ratio has moved to 40. How to determine whether the stock should be bought or sold? Or, a stock quoting at a PE of 70, has a good quarter, and the PE is down to 40. Is it a good stock to buy? So, PE alone cannot determine which is a good or bad stock.
Ashok Leyland Q3 Results: Cons PAT surges 36% YoY to Rs 762 crore, revenue rises 8%
The Q3FY25 revenue from operations stood at Rs 11,995 crore, an increase of over 8% from Rs 11,066 crore reported in the corresponding quarter of the previous financial year.
India Inc: Key takeaways from Q3 earnings season for investors
Pharma and realty sectors delivered robust performance this quarter, propelled by strong demand and improved operational efficiencies, much like the previous period. In contrast, energy and infrastructure struggled with income growth challenges. Although revenue expansion decelerated, falling below the average year-over-year increase of the last four quarters, profitability stayed resilient, with margin expansion compensating for slower revenue gains.
Grasim Q3 Results: PAT falls 41% YoY to Rs 899 crore, revenue rises 9%
Grasim Q3 Results: Grasim on Monday reported a 41% year-on-year (YoY) decline in its consolidated net profit at Rs 899 crore in the third quarter. Revenue from operations during the same period rose 9% YoY to Rs 34,793 crore.
EaseMyTrip Q3 Results: Net profit declines to Rs 34 crore
Online travel booking platform EaseMyTrip on Friday reported a decline in its consolidated net profit to Rs 34 crore in the quarter ended December. The company had a net profit of Rs 45.68 crore in the year-ago period, according to a regulatory filing.
PSU bank stocks crack up to 34% in the past one year. Is it time to exit?
PSU bank stocks have fallen up to 34% in a year, facing deposit market share loss, weak margins, and competition from private banks. Despite strong earnings, analysts favor large private banks over PSU lenders. Kotak Institutional Equities remains cautious about the entire banking segment expecting the lending environment to face challenges notwithstanding the interest rate cut by the RBI, earlier this month.
Novelis Q3 Results: Net income down 9% YoY to $110 million, sales rise 4%
Novelis Q3 Results: Novelis Inc, Hindalco’s subsidiary, reported a 9% YoY drop in Q3 net income to $110 million, with adjusted EBITDA down 19%. Rising scrap aluminum costs pressured margins despite higher revenue from aluminum price gains.
Zen Technologies shares end losing streak, hit 10% upper circuit. Should you invest?
Zen Technologies' shares rebounded 10% on Wednesday after a 31% drop over two sessions, hitting an upper circuit at Rs 1,069.20. The company reported a sequential decline in profitability and revenue for Q3 FY25, with net profit falling 40.8% QoQ. Analysts remain positive, with target prices ranging from Rs 1,650 to Rs 1,970 despite recent setbacks.
Easy Trip Planners shares slide 5% as Q3 profit declines 26% YoY
Shares of Easy Trip Planners fell by 5% after reporting a 26.3% decline in net profit for Q3 FY25, down to Rs 33.6 crore. Revenue from operations declined by 6.5% to Rs 150.5 crore. Gross booking revenue saw strong growth, particularly in non-air segments and the Dubai market.
RVNL shares tank 7% after Q3 profit falls 13% YoY to Rs 311 crore
RVNL share price: Shares of Rail Vikas Nigam Ltd (RVNL) dropped 7.3% after the company reported a 13.1% YoY decrease in Q3 net profit to Rs 311.6 crore and a 2.6% dip in revenue. The stock is currently below several key moving averages, indicating bearish performance.
Godfrey Phillips shares zoom 29% in 2 days after Q3 results
Godfrey Phillips share price: The company reported a significant 27.2% year-on-year (YoY) increase in its net profit, along with a 14.8% rise in its revenue from operations for Q3 FY25.
Zen Technologies shares plunge 20% after Q3 results
Zen Technologies' shares fell 20% after reporting a sequential decline in profitability and revenue for Q3 FY25. Despite a 22% YoY profit increase, sequential net profit dropped 40.8%. The company’s operational performance weakened, with a 33.18% drop in EBITDA. Despite recent setbacks, analyst sentiment remains bullish with a target price of Rs 2,495.
Vodafone Idea Q3 Results: Cons loss narrows to Rs 6,609 crore, revenue up 4%; ARPU at Rs 173
Vodafone Idea Q3 Results: Telecom major Vodafone Idea on Tuesday narrowed its December quarter consolidated net losses to Rs 6,609 crore versus Rs 6,986 crore reported in the year ago period.
As bears roam the street, stay checked-in and in the room? 5 hotel stocks with an upside potential of the up to 41%
Thirty years back, in 1994, when the Indian market saw its first bull run after the Harshad Mehta scam, the top gainer was the hotel sector. In those days, the logic offered in brokerage research reports was that, as the economy opened up, foreign business travelers would flock to India, leading to higher occupancy. And as it is not easy to set up 5-star hotels, the demand-supply equation would favor them. Today, while foreign visitors are a factor, it is the ever-traveling Indian and domestic business travelers who matter. Demand is again higher than supply, favoring hotel bottom lines. It is among the few sectors where even Q4 results may surprise the street. So does one stay, or check-out because bears are ruling the street?
These mid-cap stocks with ‘strong buy’ & ‘buy’ recos can rally over 24%, according to analysts
In the short term, market sentiment is governed by how and why stock prices move. When the prices are rising, you will hear 20 explanations for why it is doing so. Similarly, there will be 22 explanations for why they are falling. But, as always, in the long term, it is earnings and valuations which matter to the street. So, look at how companies performed in Q3. Also, the commentary that accompanied the results. What was said and why are equally important at this point of time. In fact, the street will now be looking ahead to Q4. Check out how honest managements are about the real business conditions.
SAIL Q3 Results: Cons PAT falls 66% to Rs 142 crore, revenue up 5%
Steel Authority of India (SAIL) reported a 66% drop in standalone net profit at Rs 142 crore for Q3FY25, compared to Rs 422 crore a year ago. Revenue rose 5% to Rs 24,490 crore. Expenses increased, and profit after tax fell 84% sequentially. SAIL Chairman emphasized a focus on boosting production and addressing import issues amid challenging market conditions.
Gujarat Toolroom shares hit 5% lower circuit as Q3 profit sharply declines by 90% YoY
Gujarat Toolroom's shares dropped 5% to Rs 2.34 on the BSE after reporting a sharp 90% YoY decline in Q3FY25 net profit to Rs 1.43 crore, compared to Rs 14.32 crore in the previous year. Despite this, revenue surged by 76% YoY to Rs 230.74 crore. The company also approved a 5:1 bonus share issuance.
Nykaa shares rise 3% after Q3 results. Should you invest?
Nykaa shares rose by 3% to Rs 174.60 following a 61% YoY increase in consolidated net profit to Rs 26.12 crore. Revenue met expectations with a 27% YoY rise to Rs 2,267 crore. Analysts have varying ratings, projecting long-term growth despite short-term profitability challenges.
Rs 800 crore rights issue to boost capital adequacy, strengthen balance sheet: Fusion Finance CEO
Fusion Finance is raising Rs 800 crore via a rights issue to boost capital adequacy beyond 30%. With improved liquidity and tighter underwriting, its AUM stands at Rs 10,599 crore. MSME lending is growing, with 85% secured loans. Provision coverage increased, reducing NNPA to 1.7%, reflecting financial strength.
SAIL shares jump 10% in 2 days despite weak Q3 profit, revenue shows steady growth
SAIL's shares rose 10% after reporting a 5% YoY rise in Q3FY25 revenue to Rs 24,490 crore. However, net profit fell 66%, and PAT dropped significantly both YoY and sequentially. Despite weak realizations, the company’s cost management was strong. Motilal Oswal maintains a 'Neutral' rating with a revised target price of Rs 115.
NATCO Pharma shares plunge 20% after Q3 profit decline 37% YoY to Rs 132 crore
NATCO Pharma faced a sharp decline, with a 37.75% drop in net profit in Q3 to Rs 132.4 crore due to lower formulation exports. Despite a rise in API revenue, the overall performance suffered. The board declared a third interim dividend. The stock plunged 20% to a close at Rs 975.05.
Eicher Motors Q3 Results: PAT jumps 18% YoY to Rs 1,171 crore; revenue up 19%
Eicher Motors Q3 Results: Eicher Motors posted an 18% YoY rise in net profit to ₹1,171 crore in Q3, with revenue surging 19%. Royal Enfield and VE Commercial Vehicles achieved record sales, boosting overall performance despite sluggish industry trends.
Suven Pharma Q3 Results: Net profit surges 78% to Rs 83 crore, revenue up 40%
Suven Pharma, backed by Advent, reported a 78% year-on-year rise in net profit to Rs 83.3 crore for Q3FY25 driven by strong demand and business development efforts. Revenue grew 40% to Rs 307.2 crore, led by a surge in CDMO business. The company also advanced several molecules to Phase 3 trials and added a new strategic customer.
Nomura’s Aurodeep Nandi predicts sub-6% growth for Q3 FY25, citing mixed economic indicators
Nomura's Aurodeep Nandi forecasts sub-6% GDP growth for Q3 FY25 due to mixed consumption, tepid industrial production, and negative net export impact. Public capex shows a sharp increase in December. RBI is expected to cut rates by 75 basis points this year.
Nykaa Q3 Results Preview: PAT to more than double on strong BPC growth
Nykaa Q3 Results Preview: Nykaa's Q3FY25 update forecasts 27% YoY revenue growth, driven by a strong performance in the BPC segment, with eB2B contributing 8% of BPC GMV. Fashion segment faces muted demand, but market share gains persist. Despite some margin pressure, overall growth remains positive, with expected EBITDA margin expansion due to reduced losses in fashion and other segments.
Senco Gold shares nosedive over 18% after Q3 PAT plummets 69% YoY
Senco Gold reported a significant 69.3% drop in profit after tax for Q3FY25, despite a 27.3% increase in revenue from operations. The company attributed the decline in EBITDA and PAT margins to the impact of custom duties, but remains optimistic about achieving a 7%-8% EBITDA margin moving forward.
Apollo Hospitals Q3 Results: PAT jumps 52% YoY to Rs 372 crore, revenue rises 14%; Rs 9 per share dividend declared
Apollo Hospitals Q3 Results: The company's board has declared an interim dividend of Rs 9 per share, with February 15 as the record date. The payout will be made by February 28. In Q3, EBITDA grew 24% YoY to Rs 762 crore. Healthcare revenues rose 13% YoY to Rs 2,785 crore, driving a 21% YoY profit increase to Rs 348 crore, while EBITDA for the segment surged 14% YoY to Rs 671 crore.
Defence stocks: Buy, sell, hold? Answer lies in understanding the nuances: 5 stocks with upside potential of up to 41%
There are many sectors where, more than anything else, it is confusion that rules at this point in time. The defence sector is a prime example. To avoid confusion and make decisions, divide things into two parts. First is the valuation on the street. And second, the real business of companies in the sector. As far as the second part, or the fundamentals, is concerned, the order books show that things are far better than they were two years ago. Valuations is a different story. One crucial factor to understand is that, in the stock markets, a part of the valuation any stock gets is due to the forward-looking statements of the company, and that is where things will not change.
Utkarsh SFB shares crack 14% after posting flat NII, net loss of Rs 168 crore in Q3
Utkarsh SFB share price: The lender also reported a net loss of Rs 168 crore for Q3FY25, a significant decline compared to the net profit of Rs 116 crore recorded in the same quarter last year.
Blinkit gets Rs 1,500-crore cash boost from Zomato
The cash infusion largely goes to cover Blinkit’s losses as it undertakes aggressive expansion and faces intense competition in the quick commerce sector. With this, Blinkit has now received a total of Rs 4,300 crore from Zomato since it acquired the online grocery delivery firm. As of December 31, 2024, Zomato had Rs 19,235 crore in cash on its books.
P N Gadgil shares hit 10% upper circuit after Q3 results impress D-Street
P N Gadgil shares surged 10% in intraday trade, hitting Rs 621.05 on the BSE, following the company’s quarterly results post-listing. The firm reported a 49.4% YoY growth in profit after tax (PAT) for Q3FY25, with PAT reaching Rs 86.03 crore for the quarter ending December 2024, compared to Rs 57.60 crore in the same period last year.
Reliance Infrastructure shares drop 8% after Q3 loss widens to Rs 3,298 crore
The company’s revenue from its power and infrastructure businesses declined by 1.3% and 13.01% year-on-year (YoY), reaching Rs 4,275.20 crore and Rs 414.07 crore, respectively, in Q3 FY25.
77% YoY PAT jump, 23% topline uptick fail to impress investors as this smallcap stock falls 6%
In Q3FY25, Capacit'e Infraprojects reported a PAT of Rs 52 crore, up 77% from Rs 30 crore in Q3FY24, with a PAT margin of 8.7% (vs. 6.1%). Revenue rose 23% to Rs 590 crore. EBITDA grew 12% to Rs 101 crore, though the EBITDA margin declined to 16.7% from 18.5% in Q3FY24.
Infosys offers lower bonus in Q3 ahead of pay hikes
Infosys announced performance bonus averaging 80% of the target for Q3, with a 5-10% drop from the previous quarter. The company is expected to roll out annual pay hikes by March, despite strong financial results.
HAL Q3 Results: Profit jumps 14% YoY to Rs 1,440 cr, revenue up 15%
Profit growth was fueled by strong demand for its aircraft from the country's defence ministry. The board has announced a first interim dividend of Rs 25 per fully paid-up Rs 5 share, with February 18 as the record date. Eligible shareholders will receive the dividend on March 14.
Shapoorji Pallonji Q3 results: Net profit rises 36% y-o-y to Rs 148.85 crore
Net profit for the third quarter rose to Rs 148.85 crore, up from Rs 109.71 crore for the same period a year ago, the company reported in a filing to the exchange.
Concord Biotech shares tumble 16% after weak Q3 earnings
Concord Biotech shares fell 16% to Rs 1,777.7 after the company reported a 2.1% YoY decline in Q3 FY25 net profit to Rs 75.92 crore, despite a 1.4% increase in revenue. Sequentially, revenue dropped 21.2%, and net profit fell 20.7%. The stock's target price is Rs 2,171, offering a 15% upside from the current market price.
Bank of India reports Rs 226.84 cr loan fraud by Gupta Power Infrastructure
State-owned Bank of India reported a Rs 226.84 crore fraud by Gupta Power Infrastructure to the Reserve Bank. The bank has made provisions of Rs 212.62 crore for the NPA. BoI posted a 35% rise in net profit to Rs 2,517 crore for Q3 FY24, with total income and net interest income also showing significant growth.
