Q3 Earnings: 140+ Companies to Announce Results This Week

Q3 Earnings This Week: 140 Companies Announce Results

The third quarter (Q3 FY25) earnings season is in full swing, with a significant number of companies, approximately 140, scheduled to announce their financial results this week. This flurry of announcements provides crucial insights into the performance of various sectors and individual companies.

Among the prominent names releasing their results are major players such as Tata Steel, Bajaj Auto, Larsen & Toubro (L&T), Adani Enterprises, Adani Ports, TVS Motor, Bajaj Finserv, Bajaj Finance, Maruti Suzuki, Tata Motors, IndusInd Bank, ONGC, and Nestle India.

Key Earnings Dates

Here's a breakdown of the key earnings announcements scheduled for this week:

January 27th

• 360 One Wam
• ACC
• Adani Total Gas
• Adani Wilmar
• Aditya Birla Sun Life AMC
• Canara Bank
• Coal India
• Emami
• Indian Oil Corporation
• Indraprastha Gas
• Kaynes Technology India
• Maharashtra Seamless
• Petronet LNG
• Piramal Enterprises
• Railtel Corporation of India
• Sumitomo Chemical India
• Sundram Fasteners
• Tata Steel
• The Federal Bank
• The New India Assurance Company
• Union Bank of India

January 28th

• Apar Industries
• Bajaj Auto
• Bharat Heavy Electricals
• Bosch
• CE Info Systems
• CG Power and Industrial Solutions
• Cipla
• Colgate-Palmolive (India)
• Exide Industries
• GMR Airports
• Hindustan Zinc
• Home First Finance Company India
• JM Financial
• JSW Energy
• JSW Infrastructure
• Jubilant Ingrevia
• Lloyds Metals & Energy
• Mahanagar Gas
• Mahindra & Mahindra Financial Services
• Motilal Oswal Financial Services
• Piramal Pharma
• Rites
• Route Mobile
• RR Kabel
• SBI Cards And Payment Services
• Shyam Metalics And Energy
• Star Health and Allied Insurance Company
• Suzlon Energy
• Syrma SGS Technology
• The Great Eastern Shipping Company
• TTK Prestige
• TVS Holdings
• TVS Motor Company
• UTI Asset Management Company
• V-Guard Industries
• VIP Industries

January 29th

• Adani Power
• Ambuja Cements
• Asahi India Glass
• Bajaj Finance
• Blue Dart Express
• Blue Star
• Brigade Enterprises
• Chalet Hotels
• Computer Age Management Services
• Craftsman Automation
• Deepak Fertilisers and Petrochemicals Corporation
• eClerx Services
• Gujarat Fluorochemicals
• Hitachi Energy India
• Indian Bank
• JBM Auto
• Jindal Stainless
• Jupiter Wagons
• KPIT Technologies
• Maruti Suzuki India
• Olectra Greentech
• Quess Corp
• Radico Khaitan
• Raymond
• SRF
• Tamilnad Mercantile Bank
• Tata Motors
• Usha Martin
• Voltas
• Westlife Foodworld

January 30th

• Aavas Financiers
• Adani Enterprises
• Adani Ports and Special Economic Zone
• Ajanta Pharma
• Astral
• Bajaj Finserv
• Bajaj Holdings & Investment
• Bank of Baroda
• Bharat Electronics
• Biocon
• Clean Science and Technology
• Coromandel International
• Dabur India
• Dr. Lal Pathlabs
• GAIL (India)
• Jindal Steel & Power
• Kalyan Jewellers India
• Larsen & Toubro
• Max Healthcare Institute
• Navin Fluorine International
• PB Fintech
• Praj Industries
• Prestige Estates Projects
• Shree Cement
• Star Cement
• The Phoenix Mills
• Vedant Fashions
• Welspun Living

January 31st

• Aptus Value Housing Finance India
• Bandhan Bank
• Cholamandalam Investment and Finance Company
• City Union Bank
• Equitas Small Finance Bank
• Five-Star Business Finance
• Gujarat Mineral Development Corporation
• IndusInd Bank
• Inox Wind
• Jubilant Pharmova
• Jyothy Labs
• LIC Housing Finance
• Mahindra Holidays & Resorts India
• Mahindra Lifespace Developers
• Marico
• Medplus Health Services
• Nestle India
• Nuvama Wealth Management
• Oil & Natural Gas Corporation
• Poonawalla Fincorp
• Relaxo Footwears
• Sun Pharmaceutical Industries
• Triveni Turbine

February 1st

• Aarti Industries

This week's earnings announcements will provide a comprehensive view of corporate performance and likely influence market trends. Investors will be closely watching these results to make informed decisions.

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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Macrotech Developers Q3 Profit Soars 88%, Exceeds Pre-Sales Target

Macrotech Developers Q3 Profit Surges 88%, Achieves 73% of Pre-Sales Target

Macrotech Developers, a Mumbai-based real estate company known for its properties under the Lodha brand, has reported a robust 87.6% year-on-year increase in net profit for the third quarter of FY25, reaching ₹944 crore. This impressive growth is attributed to strong sales, improved margins, and higher collections during the quarter. The company's revenue also saw a significant jump, rising 39.3% to ₹4,083 crore.

Key Financial Highlights (Q3 FY25, YoY)

• Revenue: Up 39.3% to ₹4,083 crore (from ₹2,931 crore)
• EBITDA: Up 48% to ₹1,306 crore (from ₹883 crore)
• Margin: Expanded to 32% (from 30%)
• Net Profit: Up 87.6% to ₹944 crore (from ₹503 crore)

In addition to the strong financial results, the board of directors also announced the appointment of Sanjay Chauhan as CFO and Sushil Kumar Modi as a whole-time director.

Operational Performance

• Pre-Sales: Stood at ₹4,510 crore, a 32% YoY increase.
• Collections: Reached ₹4,290 crore, a 66% YoY increase.

FY25 Guidance Performance

• Pre-Sales: Achieved 73.25% of the ₹17,500 crore target.
• Operating Cash Flow: Achieved 65.5% of the ₹6,500 crore target.
• New Project Additions: Achieved 92.3% of the ₹21,000 crore target.

The company has shown strong performance in the first nine months of the fiscal year, registering a 25% growth in pre-sales to ₹12,820 crore compared to ₹10,300 crore in the corresponding period last year. By the end of the third quarter, the business has achieved 73.25% of its full-year pre-sales guidance.

On the business development front, Macrotech Developers added one new project in Bengaluru with a gross development value of ₹2,800 crore. In the first nine months of the fiscal year, the company added eight new projects with a gross development value of ₹19,500 crore across Mumbai, Bengaluru, and Pune, achieving over 90% of its full-year guidance.

The company has also successfully reduced net debt by ₹610 crore to ₹4,320 crore, which is below its target of 0.5x net debt-to-equity.

Shares of Macrotech Developers closed 1.64% higher at ₹1,100 apiece on Friday, ahead of the results announcement.

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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Jio Unveils Free JioSoundPay for JioBharat Phones

Jio Launches Free JioSoundPay Feature for JioBharat Phones

Reliance Jio Infocomm Ltd (Jio) has introduced a 'free for life' sound-pay feature, called JioSoundPay, for its JioBharat device. This initiative is expected to benefit approximately five crore small-scale merchants across India. JioSoundPay provides instant, multilingual audio confirmations for every UPI payment received, eliminating the need for a traditional sound box. This feature aims to enable seamless and efficient business operations for even the smallest kirana stores, vegetable vendors, and roadside eateries.

Currently, small and micro merchants typically pay around ₹125 per month for a sound box. With JioSoundPay being provided free to JioBharat users, they will save approximately ₹1,500 annually. This move is expected to significantly impact companies like PayTm, which has the largest installation of sound boxes across the country.

The new feature will debut with a contemporary version of Vande Mataram on this Republic Day.

“Jio believes in leveraging technology to empower every Indian,” said Sunil Dutt, President, Jio.

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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NTPC Green Energy Q3 Profit Jumps 18% to ₹66 Crore

NTPC Green Energy Q3 Profit Rises 18% to ₹66 Crore

NTPC Green Energy Ltd (NGEL) has reported an 18% increase in its consolidated net profit, reaching ₹65.61 crore for the December quarter of FY25. This growth is attributed to higher income during the period. In the same quarter of the previous year, the company had recorded a net profit of ₹55.61 crore.

The company's total income also saw a significant rise, increasing to ₹581.46 crore from ₹463.46 crore. Simultaneously, expenses rose to ₹482.22 crore compared to ₹383.28 crore in the corresponding quarter of the previous fiscal year.

About NTPC Green Energy Ltd

NGEL, which was recently listed, serves as the umbrella company for the green business initiatives of NTPC. The company undertakes projects through both organic and inorganic routes, focusing on renewable energy development.

Recent Project Win

On Friday, January 24, 2025, NGEL announced that its subsidiary, NTPC Renewable Energy Limited (NTPC REL), had successfully secured a 300 megawatt (MW) solar project from NHPC through an e-reverse auction conducted by NHPC. This win further strengthens NGEL's position in the renewable energy 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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FPIs Pull Out ₹64,000 Cr from Indian Equities in January

FPIs Withdraw ₹64,000 Cr from Indian Equities in January

Foreign Portfolio Investors (FPIs) continue to pull out funds from the Indian equity markets, withdrawing a staggering ₹64,156 crore (USD 7.44 billion) this month so far. This exodus is driven by a combination of factors, including the depreciation of the Indian rupee, rising US bond yields, and expectations of a tepid earnings season. This significant outflow follows an investment of ₹15,446 crore in December.

The change in investor sentiment is occurring amidst a backdrop of both global and domestic economic challenges.

Factors Contributing to FPI Outflows

Several factors are contributing to the continued selling by FPIs:

• Rupee Depreciation: The weakening Indian rupee is putting pressure on foreign investors, prompting them to withdraw funds from Indian equities.
• High Valuations: Despite recent corrections, Indian equities are still considered highly valued, making investors wary.
• Tepid Earnings Season: Expectations of a weak earnings season are dampening investor enthusiasm.
• Macroeconomic Headwinds: Ongoing macroeconomic uncertainties are adding to the cautious sentiment.
• Uncertainty Around US Policies: The unpredictable nature of potential future US policies is also causing investors to avoid riskier investment avenues.

Impact on Markets

Data reveals that FPIs have offloaded shares worth ₹64,156 crore from Indian equities this month up to January 24. This selling pressure has been consistent throughout the month, with only one day of net buying on January 2.

According to V.K. Vijayakumar, Chief Investment Strategist at Geojit Financial Services, the strengthening dollar and rising US bond yields are the primary drivers of FII selling. He notes that as long as the dollar index remains above 108 and the 10-year US bond yield stays above 4.5%, the selling is likely to continue.

Sectoral Trends

The financial sector has been particularly affected by FPI selling, as a large portion of their assets under management is concentrated in this sector. On the other hand, the IT sector has seen some buying due to improved prospects and positive management commentary.

Debt Market Outflows

FPIs have also been sellers in the debt market, withdrawing ₹4,399 crore from debt general limits and ₹5,124 crore from debt voluntary retention routes, as US bond yields remain attractive.

Overall Trend

The overall trend indicates a cautious approach by foreign investors, who significantly reduced their investments in Indian equities in 2024, with net inflows of only ₹427 crore. This contrasts sharply with the substantial net inflows of ₹1.71 lakh crore in 2023, which were driven by optimism about India's strong economic fundamentals.

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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Sri Lanka Revokes Adani Wind Power Deal, Appoints Review Committee

Sri Lanka Revokes Adani Wind Power Pricing Agreement

The Sri Lankan government has annulled the pricing agreement for Adani Group's wind power projects and appointed a review committee to reassess these initiatives. Government spokesperson Nalinda Jayathissa clarified that while the wind power projects in Mannar and Pooneryn are not cancelled, the previously agreed-upon power purchase prices from 2023 have been rejected.

The previous administration, under Ranil Wickremesinghe, had approved a 20-year power purchase deal in May 2024 for Adani's 484 MW wind plants at USD 0.826 per unit. This agreement faced criticism due to reports of local bidders offering lower prices. "We are not agreeable to the prices proposed. As a result, the pricing agreement was revoked, and the committee was tasked with revising the projects, including its pricing structure," Jayathissa stated.

Environmental Concerns and Legal Challenges

The agreement with Adani Group is also facing legal challenges, with five court cases pending, primarily initiated by environmental groups. These groups argue that the projects pose a threat to biodiversity and migratory birds. Despite these concerns, Adani Group has denied any reports of project cancellations, calling them false and misleading. Adani Group issued a statement on Friday stating that the wind projects in Sri Lanka have not been cancelled.

Review Process and Future Investments

The Sri Lankan Cabinet’s decision on January 2 to reassess the tariff approved in May 2024 is part of a routine review process, especially common with a new government. This review aims to ensure that the projects align with current priorities and energy policies. Adani remains committed to investing USD 1 billion in Sri Lanka’s green energy sector, with the goal of driving renewable energy and economic growth.

The committee reviewing the projects will determine necessary changes once their evaluation is complete. The focus remains on ensuring that terms align with the new government's current energy policies and priorities.

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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Record Dates for Dividends, Bonuses, Splits Next Week

Wipro, Coforge Among 30 Stocks with Upcoming Dividends, Bonuses, and Splits

Several companies, including Wipro, Coforge, and Persistent Systems, are set to attract investor attention next week due to upcoming corporate actions such as dividends, bonus share issuances, and stock splits. These actions have record dates in the coming week, which determine shareholder eligibility for these benefits.

The record date is a crucial benchmark set by companies to identify the shareholders who are entitled to receive benefits such as dividends, stock splits, or bonus shares. To qualify for these corporate actions, investors must ensure their shares are reflected in their demat account on or before this date.

Shareholders are eligible if they purchase the stock at least one day before the ex-date, as settlement occurs on a T+1 basis. Those who buy shares on the ex-date will not qualify for the dividends, bonus shares, or splits. With the implementation of the T+1 settlement framework, the record date and ex-date often coincide, simplifying tracking for investors. However, this may differ if the ex-date is followed by a market holiday.

Key Corporate Actions Next Week

Monday, January 27, 2025

• Dividend:
  • Tanla Platforms: Interim dividend of ₹6 per share
  • KEI Industries: Interim dividend of ₹4 per share
  • Balkrishna Industries: Third interim dividend (record date between Jan 27-30)
• Bonus Issue:
  • Technopack Polymers: Bonus share issue in the ratio of 1:1

Tuesday, January 28, 2025

• Dividend:
  • Mangalam Industrial Finance: Interim dividend of ₹0.01 per share
  • Tips Music: Interim dividend of ₹3 per share
  • Wendt (India): Interim dividend of ₹30 per share
  • Wipro: Interim dividend of ₹6 per share
  • Zensar Technologies: Interim dividend of ₹2 per share
• Stock Split:
  • Mazda: Stock split from a face value of ₹10 to ₹2 per share

Wednesday, January 29, 2025

• Dividend:
  • Bharat Petroleum Corporation: Interim dividend of ₹5 per share
  • MPS Ltd: Dividend announcement

Thursday, January 30, 2025

• Dividend:
  • Accelya Solutions India: Interim dividend of ₹50 per share
  • Balkrishna Industries: Third interim dividend (record date between Jan 27-30)
  • Coforge: Interim dividend of ₹19 per share
  • Housing & Urban Development Corporation: Interim dividend of ₹2.05 per share
  • Siemens: Final dividend of ₹12 per share
  • Transport Corporation of India: Second interim dividend

Friday, January 31, 2025

• Dividend:
  • Coal India: Second interim dividend (announcement on Monday)
  • Emerald Finance: Interim dividend of ₹0.06 per share
  • Gothi Plascon (India): Dividend of ₹2 per share
  • Indian Energy Exchange: Dividend of ₹1.5 per share
  • Torrent Pharmaceuticals: Dividend of ₹26
  • Wealth First Portfolio Managers: Dividend (announcement on Monday)
  • Persistent Systems: Interim dividend of ₹20 per share
• Bonus Issue:
  • Indraprastha Gas: Bonus share issue in the ratio of 1:1
• Stock Split:
  • JBM Auto: Stock split from ₹2 to ₹1
  • Kiduja India: Stock split from ₹10 to ₹1
  • Mohite Industries: Stock split from ₹10 to ₹1
  • Senco Gold: Stock split from ₹10 to ₹5

Saturday, February 1, 2025

• Dividend:
  • Route Mobile: Dividend (announcement on Tuesday)

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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