JSW Infrastructure Q3 Results: Profit Rises 32% to Rs 335.62 Crore on Higher Income

JSW Infrastructure Q3 Results: Net Profit Jumps 32% to Rs 335.62 Crore

JSW Infrastructure, the second-largest private port operator in India, has announced its financial results for the third quarter of fiscal year 2025 (Q3 FY25), reporting a substantial 32.35% increase in consolidated net profit. The growth is attributed to higher income and increased cargo volumes.

Financial Performance Overview

For the quarter ended December 2024, JSW Infrastructure reported a consolidated net profit of Rs 335.62 crore, up from Rs 253.57 crore in the same period last year. The company's total income rose to Rs 1,265.31 crore in Q3 FY25, compared to Rs 1,018.30 crore in the year-ago quarter.

Key Financial Highlights

• Net Profit: Increased by 32.35% to Rs 335.62 crore from Rs 253.57 crore year-on-year.
• Total Income: Rose to Rs 1,265.31 crore from Rs 1,018.30 crore year-on-year.
• Expenses: Increased to Rs 989.40 crore from Rs 711.25 crore year-on-year.

Cargo Volume and Operational Performance

During the quarter, JSW Infrastructure handled cargo volumes of 29.4 million tonnes, a 5% increase compared to the previous year. This growth was driven by higher capacity utilization at the coal terminal in Paradip, Odisha, and contributions from the PNP port and Liquid Storage Terminal in the UAE.

Third-party volume growth was particularly strong, increasing by 31% year-on-year. The share of third-party cargo in overall volumes reached 49%, up from 39% in the same period last year.

Revenue and EBITDA Growth

The increased cargo volume, along with the integration of the recently acquired Navkar Corporation, resulted in a 24% year-on-year increase in total revenue, which stood at Rs 1,265 crore. EBITDA grew by 20% to Rs 670 crore, with a robust margin of 52.9%.

New Operations and Future Targets

At the Jawaharlal Nehru Port Authority (JNPA) in Navi Mumbai, JSW Infrastructure has received approval to commence interim operations. The company handled nearly 90,000 tonnes of liquid edible oil during November and December 2024. Similar efforts are underway to secure approvals for interim operations at the Tuticorin Dry Bulk Terminal.

JSW Infrastructure is targeting a top line of Rs 8,000 crore for its logistics segment, with a 25% EBITDA margin, aiming for an industry-leading Return on Capital Employed (ROCE).

JSW Infrastructure's strong Q3 FY25 results demonstrate the company's continued growth and operational efficiency. The increase in net profit, cargo volumes, and revenue underscores its position as a leading player in the port infrastructure sector.

Disclaimer: The views and investment tips expressed in this article are for informational purposes only and do not represent financial advice. The views expressed are those of the sources cited and not necessarily those of this website or its management. Investing in equities or other financial instruments carries the risk of financial loss. Readers must exercise due caution and conduct their own research before making any investment decisions. We are not liable for any losses incurred as a result of decisions made based on this article. Please consult a qualified financial advisor before making any investment.

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Lloyds Metals Q3: Profit Up 18% to Rs 389 Crore, Revenue Falls 12% to Rs 1,675 Crore

Lloyds Metals Q3 Results: Profit Rises 18% to Rs 389 Crore Despite Revenue Decline

Lloyds Metals and Energy Ltd. has announced its financial results for the third quarter of fiscal year 2025 (Q3 FY25), reporting an 17.5% year-on-year increase in net profit despite a decline in revenue. The company's performance reflects the mixed trends within the metals and mining industry.

Financial Performance Overview

For the quarter ended December 31, 2024, Lloyds Metals and Energy reported a net profit of Rs 389 crore, up from Rs 331 crore in the same period last year. However, the company's revenue from operations decreased by 12.4% to Rs 1,675 crore, compared to Rs 1,912 crore in Q3 FY24.

Key Financial Highlights (Consolidated, YoY)

• Revenue: Decreased by 12.4% to Rs 1,675 crore from Rs 1,912 crore.
• EBITDA: Increased by 19.37% to Rs 536 crore from Rs 449 crore.
• EBITDA Margin: Expanded significantly by 851 basis points to 32% from 23.48%.
• Net Profit: Increased by 17.52% to Rs 389 crore from Rs 331 crore.

Segment-Wise Revenue Performance

The company experienced varied performance across its different segments:

• Mining: Revenue increased by 4.24% to Rs 1,474 crore from Rs 1,414 crore.
• Sponge Iron: Revenue declined by 29% to Rs 181 crore from Rs 255 crore.
• Power: Revenue decreased by 36% to Rs 25 crore from Rs 39 crore.
• Pellet Trading: Revenue saw a substantial decline of 80% to Rs 54 crore from Rs 267 crore.

Despite the overall revenue decline, Lloyds Metals and Energy managed to improve its profitability, driven by higher revenue from its mining segment and a significant expansion in EBITDA margin. The decline in revenue from sponge iron, power, and pellet trading segments highlights the challenges faced by these specific areas of the business.

Shares of Lloyds Metals and Energy closed 4.66% lower at Rs 1,234.20 on the National Stock Exchange, underperforming the benchmark Nifty 50, which advanced by 0.56%.

Lloyds Metals and Energy's Q3 FY25 results present a mixed picture, with increased profitability despite a decline in overall revenue. The company's performance underscores the importance of its mining segment and its ability to improve operational efficiency, as reflected in the expanded EBITDA margin.

Disclaimer: The views and investment tips expressed in this article are for informational purposes only and do not represent financial advice. The views expressed are those of the sources cited and not necessarily those of this website or its management. Investing in equities or other financial instruments carries the risk of financial loss. Readers must exercise due caution and conduct their own research before making any investment decisions. We are not liable for any losses incurred as a result of decisions made based on this article. Please consult a qualified financial advisor before making any investment.

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Suzlon Energy Q3 Results: Profit Soars 90% to Rs 386 Crore, Beats Estimates

Suzlon Energy Q3 Results: Profit Nearly Doubles to Rs 386 Crore, Surpassing Analyst Projections

Suzlon Energy Ltd., a leading wind turbine manufacturer, has reported a remarkable 90% year-on-year increase in consolidated net profit for the third quarter of fiscal year 2025 (Q3 FY25), exceeding market expectations. The company's strong performance is attributed to increased deliveries and improved operational efficiency.

Financial Performance Overview

For the quarter ended December 2024, Suzlon Energy reported a consolidated net profit of Rs 386 crore, a significant jump from Rs 203.2 crore in the same period last year. This figure surpassed the consensus estimate. Revenue for the quarter also saw a substantial increase of 91%, reaching Rs 2,968.8 crore compared to Rs 1,552.9 crore in Q3 FY24.

Key Financial Highlights (Consolidated, YoY)

• Revenue: Increased by 91% to Rs 2,968.8 crore from Rs 1,552.9 crore.
• EBITDA: Rose by 106% to Rs 498.6 crore from Rs 239.7 crore. (Estimate: Rs 431 crore)
• Margin: Expanded by 136 basis points to 16.79% from 15.43%. (Estimate: 15.1%)
• Net Profit: Increased by 90% to Rs 386.5 crore from Rs 203.2 crore. (Estimate: Rs 350 crore)

Segment-Wise Revenue Performance

• Wind Turbine Generator: Revenue increased 2.33 times.
• Foundry and Forging: Revenue grew by 65%.
• Operations and Maintenance: Revenue increased by 13%.

Operational Performance

Suzlon Energy witnessed a significant surge in annual deliveries, reaching 447 MW in Q3 FY25, up from 170 MW in the same period last year. For the first nine months of FY25, deliveries stood at 997 MW, compared to 437 MW in the corresponding period of the previous year. This highlights the company's strong operational performance and ability to meet growing market demand.

Suzlon Energy's impressive Q3 FY25 results reflect the company's robust growth trajectory and its position as a key player in the renewable energy sector. The significant increase in profit, revenue, and deliveries underscores the company's successful execution of its business strategy and its ability to capitalize on the expanding market for wind energy solutions.

Disclaimer: The views and investment tips expressed in this article are for informational purposes only and do not represent financial advice. The views expressed are those of the sources cited and not necessarily those of this website or its management. Investing in equities or other financial instruments carries the risk of financial loss. Readers must exercise due caution and conduct their own research before making any investment decisions. We are not liable for any losses incurred as a result of decisions made based on this article. Please consult a qualified financial advisor before making any investment.

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Colgate-Palmolive India Q3: Profit Dips Slightly to Rs 323 Crore, Meets Estimates

Colgate-Palmolive India Q3 Results: Profit Declines Marginally, Meets Market Expectations

Colgate-Palmolive (India) Ltd., the maker of the popular Colgate toothpaste, has announced its financial results for the third quarter of fiscal year 2025 (Q3 FY25). The company reported a slight decline in net profit, which nonetheless aligned with analysts' projections.

Financial Performance Overview

For the quarter ended December 2024, Colgate-Palmolive India reported a net profit of Rs 323 crore, representing a 2.2% decrease from Rs 330 crore in the same period last year. While the profit dipped slightly, it met the consensus estimate

Key Financial Highlights (Consolidated, YoY)

• Revenue: Increased by 4.7% to Rs 1,462 crore from Rs 1,396 crore.
• EBITDA: Decreased by 3% to Rs 454 crore from Rs 468 crore. (Estimate: Rs 470 crore)
• Margin: Contracted by 250 basis points to 31.1% from 33.6%. (Estimate: 31.50%)
• Net Profit: Declined by 2.2% to Rs 323 crore from Rs 330 crore. (Estimate: Rs 335 crore)

Despite a slight dip in profit and a contraction in EBITDA margin, Colgate-Palmolive India's revenue saw a moderate increase of 4.7% during the quarter. The results reflect the company's performance within the competitive landscape of the fast-moving consumer goods (FMCG) sector.

Colgate-Palmolive India's Q3 FY25 results indicate a stable performance, with the company managing to meet market expectations despite a slight decrease in profitability. The results are indicative of the ongoing dynamics within the FMCG industry and the broader economic environment.

Disclaimer: The views and investment tips expressed in this article are for informational purposes only and do not represent financial advice. The views expressed are those of the sources cited and not necessarily those of this website or its management. Investing in equities or other financial instruments carries the risk of financial loss. Readers must exercise due caution and conduct their own research before making any investment decisions. We are not liable for any losses incurred as a result of decisions made based on this article. Please consult a qualified financial advisor before making any investment.

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Shyam Metalics Q3 Results: Profit Up 55% to Rs 197 Crore, Misses Estimates, Declares Dividend

Shyam Metalics Q3 Results: Profit Rises 55% to Rs 197 Crore, Misses Analyst Estimates

Shyam Metalics and Energy Ltd. has released its financial results for the third quarter of fiscal year 2025 (Q3 FY25), reporting a 55% year-on-year increase in consolidated net profit. However, the company's performance fell short of analysts' expectations.

Financial Performance Overview

Shyam Metalics, a leading steel producer, reported a consolidated net profit of Rs 197 crore for the quarter ended December 2024, up from Rs 127 crore in the same period last year. Despite the significant increase, this figure missed the consensus estimate.

Key Financial Highlights (Consolidated, YoY)

• Revenue: Increased by 13.18% to Rs 3,752 crore from Rs 3,315 crore. (Estimate: Rs 3,720 crore)
• EBITDA: Rose by 11.76% to Rs 456 crore from Rs 408 crore.
• EBITDA Margin: Contracted slightly by 15 basis points to 12.15% from 12.3%.
• Net Profit: Increased by 55.11% to Rs 197 crore from Rs 127 crore. (Estimate: Rs 252 crore)

Interim Dividend Announcement

The company's board of directors approved an interim dividend of Rs 2.25 per equity share, which represents 22.50% of the face value of Rs 10 each, for the financial year 2024-25. The record date for determining the entitlement of members for the dividend payment is set for Friday, February 7th.

Although Shyam Metalics demonstrated growth in revenue and net profit during Q3 FY25, the results did not meet the higher expectations set by analysts. The company's performance reflects the dynamics of the steel industry and the broader economic environment. The approved interim dividend provides a return to shareholders, demonstrating the company's commitment to rewarding its investors.

Disclaimer: The views and investment tips expressed in this article are for informational purposes only and do not represent financial advice. The views expressed are those of the sources cited and not necessarily those of this website or its management. Investing in equities or other financial instruments carries the risk of financial loss. Readers must exercise due caution and conduct their own research before making any investment decisions. We are not liable for any losses incurred as a result of decisions made based on this article. Please consult a qualified financial advisor before making any investment.

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Cipla Q3 Results: Profit Surges 49%, Beats Market Estimates, Stock Jumps 5%

Cipla Q3 Results: Net Profit Soars 49% to Rs 1,571 Crore, Exceeding Expectations

Pharmaceutical giant Cipla has announced its financial results for the third quarter of fiscal year 2025 (Q3 FY25), reporting a remarkable 49% year-on-year increase in consolidated net profit. The company's strong performance surpassed market estimates, driven by robust growth in its core pharmaceutical business.

Financial Performance Overview

Cipla reported a consolidated net profit of Rs 1,571 crore for Q3 FY25, significantly higher than the Rs 1,056 crore recorded in the same period last year. This impressive performance exceeded the market's consensus estimate of Rs 1,302 crore. Revenue from operations for the quarter stood at Rs 7,073 crore, marking a 7% increase from Rs 6,604 crore in Q3 FY24.

Following the announcement, Cipla's shares surged nearly 5% to reach a day's high of Rs 1,461 on the National Stock Exchange (NSE).

On a sequential basis, the net profit was 21% higher than the Rs 1,303 crore reported in Q2 FY25. However, revenue remained relatively flat compared to the Rs 7,051 crore recorded in the July-September quarter.

Segment Revenue Breakdown

Cipla's pharmaceuticals segment reported revenue of Rs 6,778 crore in Q3 FY25, representing a year-on-year increase from Rs 6,365 crore in Q3 FY24. On a quarter-on-quarter basis, the segment's revenue remained relatively flat. The new ventures business delivered a topline of Rs 341 crore, compared to Rs 320 crore in Q2 FY25 and Rs 281 crore in Q3 FY24.

Expenses

Cipla's total expenses for Q3 FY25 amounted to Rs 5,378.49 crore, a 5% increase from Rs 5,120 crore in the same period last year. On a sequential basis, expenses decreased slightly by 1.3%.

Key Business Highlights

• Cipla maintained its second position in the overall chronic segment, with an improved chronic mix of 61.5%. Its Urology segment ranked second, with market growth of 16% year-on-year.
• The company received several generic drug approvals, including phytonadione injectable 1mg/0.5ml, Esomeprazole granules 2.5mg/5mg, and Potassium Phosphates Injection USP.
• Cipla's Goa facility received a 'VAI' (Voluntary Action Indicated) classification from the USFDA.
• The company boasts brands with Trailing Twelve Months (TTM) revenue exceeding Rs 100 crore and five brands with TTM revenue between Rs 50 crore and Rs 100 crore.
• Cipla launched 18 new products in the first nine months of FY25 (9M FY25).

Cipla's strong Q3 results demonstrate the company's robust operational performance, successful product launches, and continued focus on key therapeutic areas. The company's performance positions it well for sustained growth and profitability in the pharmaceutical market.

Disclaimer: The views and investment tips expressed in this article are for informational purposes only and do not represent financial advice. The views expressed are those of the sources cited and not necessarily those of this website or its management. Investing in equities or other financial instruments carries the risk of financial loss. Readers must exercise due caution and conduct their own research before making any investment decisions. We are not liable for any losses incurred as a result of decisions made based on this article. Please consult a qualified financial advisor before making any investment.

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Hindustan Zinc Q3 Results: Profit Jumps 32% on Strong Production, Higher Prices

Hindustan Zinc Q3 Results: Net Profit Surges 32% to Rs 2,678 Crore

Hindustan Zinc has announced robust financial results for the third quarter of the fiscal year 2025 (Q3 FY25), with a significant 32% year-on-year increase in consolidated net profit. The company's strong performance is attributed to higher zinc and silver prices, a favorable dollar exchange rate, and record production levels.

Financial Performance Highlights

Hindustan Zinc reported a consolidated net profit of Rs 2,678 crore for Q3 FY25, a substantial rise from the same period last year. Revenue from operations also witnessed a healthy increase of 18% year-on-year, reaching Rs 8,315 crore. On a sequential basis, net profit grew by 15% from Rs 2,327 crore in the preceding quarter (Q2 FY25), while revenue increased by 4%.

EBITDA and Margin Expansion

The company's Earnings Before Interest, Taxes, Depreciation, and Amortisation (EBITDA) for Q3 FY25 improved by 27% year-on-year, reaching Rs 4,460 crore. This resulted in an improved EBITDA margin of 54%, up from 49.8% in the same quarter of the previous fiscal year.

Segment-Wise Revenue Performance

Revenues from zinc, lead, and other metals surged by 21% year-on-year to Rs 6,832 crore, driven by increased zinc prices and a strong dollar. Silver revenues also saw a marginal increase, rising to Rs 1,465 crore from Rs 1,413 crore in the corresponding quarter of the previous year. However, the overall revenue growth was partially offset by lower metal and silver volumes and decreased lead prices.

Operational Performance and Production

Hindustan Zinc achieved record nine-month mined metal production of 784 kt, driven by improved mined metal grades and mill recovery. The company also reported its highest-ever nine-month refined metal production at 783 kt, a 3% year-on-year increase, attributed to better plant availability and operational parameters.

Mined metal production for Q3 FY25 stood at 265 kt, a 3% quarter-on-quarter increase, driven by higher grades and increased production at specific mines. Refined metal production for the same period was 259 kt, remaining flat year-on-year and marginally lower quarter-on-quarter due to a planned maintenance shutdown.

Cash Flow and Investments

The company delivered a strong pre-capex free cash flow from operations of Rs 2,628 crore for Q3 FY25, primarily driven by higher EBITDA. As of December 2024, Hindustan Zinc had healthy gross investments and cash and cash equivalents totaling Rs 8,153 crore.

Management Commentary

"We have achieved our highest-ever production of mined and refined metals over the past nine months. This demonstrates the underlying strength of our assets and consistent performance, further supported by positive market trends," said Arun Misra, CEO of Hindustan Zinc.

Hindustan Zinc's strong Q3 results highlight the company's operational efficiency, robust production levels, and ability to capitalize on favorable market conditions. The company remains well-positioned for continued growth and profitability.

Disclaimer: The views and investment tips expressed in this article are for informational purposes only and do not represent financial advice. The views expressed are those of the sources cited and not necessarily those of this website or its management. Investing in equities or other financial instruments carries the risk of financial loss. Readers must exercise due caution and conduct their own research before making any investment decisions. We are not liable for any losses incurred as a result of decisions made based on this article. Please consult a qualified financial advisor before making any investment.

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Hyundai Motor India Q3 Results: Net Profit Down 19% on Weak Sales

Hyundai Motor India Reports Q3 Results: Profit Declines 19% Amidst Lower Sales

Hyundai Motor India (HMI) has released its financial results for the third quarter of the fiscal year 2025 (Q3 FY25), revealing a 19% year-on-year decline in consolidated net profit. The decline is primarily attributed to decreased domestic car sales, lower exports and challenging geopolitical factors.

Financial Performance Overview

For Q3 FY25, Hyundai Motor India reported a consolidated net profit of Rs 1,161 crore, down from Rs 1,425 crore in the same period last year. Revenue from operations also experienced a slight decrease of 1.3%, totaling Rs 16,648 crore compared to Rs 16,875 crore in Q3 FY24. Known for popular models like the 'Creta' SUV and the 'Grand i10' and 'i20' hatchbacks, Hyundai's performance reflects the broader challenges faced by the automotive industry.

Following the earnings announcement, Hyundai Motor's shares were trading at Rs 1,641.40 on the NSE, reflecting a minor decrease of 0.14%.

On a sequential basis, the net profit declined by 16% from Rs 1,375 crore in Q2 FY25, while revenue decreased by 3.5% from Rs 17,260 crore in the July-September quarter.

EBITDA Margin Impacted

The Earnings Before Interest, Taxes, Depreciation, and Amortisation (EBITDA) margin for Q3 FY25 stood at 11.27%, down from 12.88% in Q3 FY24. The company attributed this decline to subdued demand and global geopolitical factors impacting the automotive sector.

Q3 Sales Volume and Market Performance

During the third quarter, Hyundai Motor India sold a total of 1,86,408 passenger vehicle units. Domestic sales accounted for 1,46,022 units, with a significant contribution from the SUV segment.

Record CNG Penetration and Rural Growth

Despite the overall decline, Hyundai achieved its highest-ever CNG penetration rate, reaching 15% in Q3 FY25, up from 12% in the same period last year. The company also reported robust growth in rural markets, with penetration reaching 21.2%, compared to 19.7% in Q3 FY24. Export volumes for the quarter stood at 40,386 units.

Management Commentary and Future Outlook

Managing Director Unsoo Kim acknowledged the challenges faced by the industry, stating, "Our business fundamentals remain strong, and we remain confident in our ability to leverage our strengths and actively explore potential opportunities to improve our volumes and profitability."

Hyundai Motor India expressed a positive outlook on the growing electric vehicle (EV) market in India. The company is actively pursuing electrification with a comprehensive strategy. HMI is optimistic about its newly launched CRETA Electric, anticipating it to achieve significant success, build strong momentum, and become a game-changer in the EV landscape. The company remains committed to driving long-term value for its stakeholders and focusing on sustainable growth through innovation and strategic market positioning.

Hyundai Motor India continues to navigate a challenging market environment while focusing on strategic initiatives like electrification and expanding its presence in key segments to ensure sustained growth and profitability in the future.

Disclaimer: The views and investment tips expressed in this article are for informational purposes only and do not represent financial advice. The views expressed are those of the sources cited and not necessarily those of this website or its management. Investing in equities or other financial instruments carries the risk of financial loss. Readers must exercise due caution and conduct their own research before making any investment decisions. We are not liable for any losses incurred as a result of decisions made based on this article. Please consult a qualified financial advisor before making any investment.

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TVS Motor Q3 FY25 Results: Profit Rises, Stock Up 5%, EBITDA Margin Expands

TVS Motor Company Reports Strong Q3 FY25 Results, Stock Jumps 5%

TVS Motor Company has announced impressive financial results for the third quarter of the fiscal year 2025 (Q3 FY25), leading to a more than 5% increase in its stock price. The company demonstrated growth across key performance indicators, including net profit, revenue, and EBITDA margin.

Financial Performance Highlights

In Q3 FY25, TVS Motor Company reported a net profit of Rs 618 crore, marking a 4.2% increase compared to the same period in the previous fiscal year. This growth is attributed to increased sales volumes and enhanced operational efficiencies. The company's revenue from operations also saw a significant rise, climbing 10% year-on-year to reach Rs 9,097 crore, up from Rs 8,245 crore in Q3 FY24. This reflects sustained demand for TVS Motor's diverse product lineup.

Following the announcement of these robust Q3 results, TVS Motor's share price surged over 5%, reaching Rs 2,348 on the National Stock Exchange (NSE).

EBITDA and Profit Before Tax

TVS Motor Company's operating EBITDA for Q3 FY25 surged by an impressive 17% year-on-year, reaching Rs 1,081 crore compared to Rs 924 crore in the same quarter of the previous year. The EBITDA margin also improved, rising to 11.9% from 11.2% in Q3 FY24, marking the highest margin achieved by the company.

The company reported a Profit Before Tax (PBT) of Rs 837 crore for the quarter, an 8% increase from Rs 775 crore in Q3 FY24. However, the PBT included a fair valuation loss of Rs 41 crore, contrasting with a gain of Rs 65 crore recorded in the same period last year.

Sales Performance Across Segments

TVS Motor Company reported a 10% increase in overall two-wheeler and three-wheeler sales, including exports, reaching 12.12 lakh units in Q3 FY25, up from 11.01 lakh units in the year-ago quarter.

• Scooter sales experienced significant growth, increasing by 22% year-on-year to 4.93 lakh units.
• Motorcycle sales rose by 6% to 5.56 lakh units.
• Three-wheeler sales, however, decreased to 0.29 lakh units from 0.38 lakh units in Q3 FY24.

Electric Vehicle (EV) Segment Growth

The electric scooter segment demonstrated remarkable growth, with sales surging by 57% to 0.76 lakh units in Q3 FY25, compared to 0.48 lakh units in the same quarter last year. This highlights the company's increasing emphasis on the burgeoning EV market.

Nine-Month Performance Overview

For the nine months ending December 2024, TVS Motor's two-wheeler sales, including exports, increased by 14% year-on-year, reaching 34.29 lakh units. This included:

• A 19% rise in scooter sales to 14.01 lakh units.
• A 10% increase in motorcycle sales to 16.31 lakh units.
• A remarkable 40% growth in electric vehicle sales to 2.03 lakh units, showcasing strong demand for the company's EV offerings.

In the three-wheeler segment, sales declined to 0.98 lakh units for the nine-month period from 1.16 lakh units in the previous year. However, the company's two-wheeler exports saw a 19% increase, reaching 7.78 lakh units during the nine months.

TVS Motor Company's strong Q3 results and robust growth in the EV sector demonstrate its strategic positioning and adaptability in the evolving automotive market. The company's performance indicates continued growth potential and a strong focus on innovation and sustainability.

Disclaimer: The views and investment tips expressed in this article are for informational purposes only and do not represent financial advice. The views expressed are those of the sources cited and not necessarily those of this website or its management. Investing in equities or other financial instruments carries the risk of financial loss. Readers must exercise due caution and conduct their own research before making any investment decisions. We are not liable for any losses incurred as a result of decisions made based on this article. Please consult a qualified financial advisor before making any investment.

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Petronet LNG Q3 Results: Profit Rises 2.1%, But Misses Estimates

Petronet LNG Ltd. reported a 2.1% quarter-on-quarter (QoQ) increase in consolidated net profit to Rs 867 crore for the third quarter of fiscal year 2025. However, this figure narrowly missed the estimate. The company had posted a net profit of Rs 849 crore in the previous quarter.

Key Financial Highlights (Consolidated, QoQ)

• Revenue from Operations: Declined by 6.1% to Rs 12,227 crore, missing the estimate of Rs 13,191 crore.
• EBITDA: Increased by 3.7% to Rs 1,247 crore from Rs 1,202 crore.
• EBITDA Margin: Expanded to 10.2% from 9.2%.
• Net Profit: Rose by 2.1% to Rs 867 crore from Rs 849 crore.

Operational Performance

Despite the marginal growth in net profit, Petronet LNG faced challenges on the revenue front, with a 6.1% decline in revenue from operations. However, the company managed to improve its operating efficiency, as reflected in the 3.7% rise in EBITDA and the expansion of its EBITDA margin to 10.2%.

Strategic Agreement with Deepak Phenolics

Petronet LNG announced a significant agreement with Deepak Phenolics for the sale and purchase of 250 KTA propylene and 11 KTA hydrogen. The supplies will be sourced from Petronet’s petrochemical complex at Dahej and will continue for 15 years from the date of the first supply. The company clarified that this contract does not fall under party-related transactions.

Stock Performance

Shares of Petronet LNG experienced volatility during the trading session, falling as much as 0.62% to Rs 320.70 before closing 3.69% lower at Rs 310.80 per share on the National Stock Exchange (NSE). Despite the decline, the stock has gained 18.20% on a year-to-date basis.

Analyst Ratings

According to data, 10 out of 36 analysts tracking the company have a 'buy' rating on the stock, while 12 suggest 'hold' and 14 recommend 'sell'. The average 12-month price target implies a potential upside of 11.6%.

Outlook

While Petronet LNG’s Q3 performance fell short of estimates, the company’s strategic agreements and improved operational efficiency indicate a focus on long-term growth. Investors will closely monitor its ability to sustain margin improvements and capitalize on new business opportunities.

Disclaimer: The views and investment tips expressed in this article are for informational purposes only and do not represent financial advice. The views expressed are those of the sources cited and not necessarily those of this website or its management. Investing in equities or other financial instruments carries the risk of financial loss. Readers must exercise due caution and conduct their own research before making any investment decisions. We are not liable for any losses incurred as a result of decisions made based on this article. Please consult a qualified financial advisor before making any investment.

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Federal Bank Q3 Results: Net Profit Declines 5% to Rs 955 Crore Despite Record PPoP

Federal Bank reported a 5% decline in net profit to Rs 955 crore for the third quarter ending December 30, 2024, compared to Rs 1,007 crore in the same period last year. This decline was primarily due to accelerated provisions for future risks, even as the bank achieved its highest-ever pre-provision operating profit (PPoP) of Rs 1,570 crore.

Key Financial Highlights

• Net Profit: Declined by 5% to Rs 955 crore.
• Pre-Provision Operating Profit (PPoP): Increased to a record Rs 1,570 crore, up from Rs 1,437 crore in the year-ago period.
• Net Interest Income (NII): Grew by 14.5% to Rs 2,431 crore.
• Fee Income: Rose by 21% year-on-year.
• Total Provisions: Stood at Rs 292 crore, including accelerated provisions for riskier asset classes.
• Provision Coverage Ratio: Improved to 74.21% from 71.08%.

Asset Quality Improvement

Federal Bank's asset quality showed significant improvement during the quarter:

• Gross Non-Performing Assets (GNPA): Declined to 1.95% from 2.29% a year ago.
• Net Non-Performing Assets (NNPA): Reduced to 0.49% from 0.64%.

Advances and Deposits Growth

The bank reported strong growth in its loan book and deposit base:

• Total Net Advances: Increased by 16% year-on-year to Rs 2.30 lakh crore.
• Total Deposits: Grew by 11% to Rs 2.66 lakh crore.

Management Commentary

KVS Manian, Managing Director of Federal Bank, stated, "In alignment with our commitment to building a robust foundation, we have undertaken accelerated provisioning for certain riskier asset classes this quarter." This proactive approach reflects the bank's focus on strengthening its balance sheet and mitigating future risks.

Outlook

Despite the decline in net profit, Federal Bank's strong operating performance and improved asset quality highlight its resilience in a challenging economic environment. The bank's focus on risk management and growth in core income streams positions it well for future stability and expansion.

Disclaimer: The views and investment tips expressed in this article are for informational purposes only and do not represent financial advice. The views expressed are those of the sources cited and not necessarily those of this website or its management. Investing in equities or other financial instruments carries the risk of financial loss. Readers must exercise due caution and conduct their own research before making any investment decisions. We are not liable for any losses incurred as a result of decisions made based on this article. Please consult a qualified financial advisor before making any investment.

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Q3 Results Today: Bajaj Auto, Hyundai Among 119 Companies to Announce Earnings

The third-quarter earnings season is in full swing, with 119 companies set to announce their financial results today. Key players like Bajaj Auto, Hyundai Motor, and Cipla are among the notable names releasing their Q3 FY25 results. Analysts expect mixed performances across sectors, with some companies showing resilience while others face challenges.

Bajaj Auto Q3 Expectations

Bajaj Auto, a leading two-wheeler manufacturer, is anticipated to report a 7% year-on-year (YoY) increase in revenue for the quarter ended December 2024. This growth is driven by a marginal rise in volumes and higher average selling prices (ASPs). However, domestic volumes remain weak, with a 10% decline in the entry-level two-wheeler segment.

• Revenue Growth: Expected to rise 7% YoY.
• Profit After Tax (PAT): Likely to grow around 6% YoY.
• Volume Growth: Overall volumes increased by 2% YoY, supported by recovery in export markets like Africa and Latin America.
• EBITDA Margins: Expected to contract due to an inferior product mix, particularly in entry-level two-wheelers and electric vehicles.

Hyundai Motor Q3 Expectations

Hyundai Motor India is expected to report a 2% YoY decline in revenue to Rs 16,518 crore, despite a marginal increase in average selling prices (ASPs) due to a richer product mix (higher share of SUVs). Profitability is likely to drop by 10% YoY to Rs 1,289 crore.

• Revenue Decline: Estimated at 2% YoY.
• Profit Drop: Expected to fall 10% YoY.
• Volume Decline: Volumes dropped 2% YoY during the quarter.
• Operating Profit: Likely to decrease by 4% YoY to Rs 2,083 crore.

Other Key Companies to Watch

Apart from Bajaj Auto and Hyundai, several other companies are set to announce their Q3 results today. These include:

• Hindustan Zinc
• Cipla
• BHEL
• Motilal Oswal
• JM Financial
• Jubilant Ingreva
• CE Info Systems
• Mahindra Financial
• JSW Infrastructure
• Piramal Pharma
• RITES
• RR Kabel
• SBI Cards
• Suzlon

Market Outlook

The Q3 earnings season is expected to reflect varied impacts across industries. While some companies like Bajaj Auto are benefiting from export recovery, others like Hyundai are facing challenges due to adverse product mix and declining domestic demand. Investors will closely monitor these results to gauge the overall health of the economy and sector-specific trends.

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