L&T | Engineering and construction conglomerate on Tuesday reported a 15.5% year-on-year increase in net profit at ₹2,947.4 crore for the third quarter that ended December 31, 2023. The company's revenue from operations increased 18.8% to ₹55,127.8 crore against ₹46,389 crore in the corresponding period of the preceding fiscal.
Dr Reddy's | Pharmaceutical company on Tuesday said its consolidated profit after tax for the quarter ended December 31, 2023, was up by 10.5% at ₹1,378.9 crore as against ₹1,247.1 crore in the same quarter a year ago. The drugmaker's consolidated revenue came at ₹7,215 crore, a year-on-year growth of 7% and quarter-on-quarter growth of 5%.
Mahindra Finance | The non-banking lender focused on auto finance, on Tuesday reported a 12% decline in standalone net profit to ₹553 crore for the December quarter. Loan disbursals during the quarter rose 25.5% to ₹97,048 crore. On a consolidated basis, the company's net income declined 6% to ₹623 crore from ₹664 crore and the total income rose 23% to ₹4,137 crore.
SRF | Chemicals manufacturer on Tuesday reported a 50.4% year-on-year decline in net profit at ₹253.4 crore for the third quarter that ended December 31, 2023. The company's revenue from operations declined 12% to ₹3,053 crore against ₹3,469 crore in the year-ago period. CNBC-TV18 poll had predicted revenue of ₹3,184 crore for the quarter under review.
Star Health | The largest stand-alone health insurance provider on Tuesday reported a 37.6% year-on-year jump in net profit at ₹289.6 crore for the third quarter that ended December 31, 2023. Gross written premium of the company during the third quarter rose by 16.4% to ₹3,605.8 crore compared to ₹3,096.7 crore a year ago.
PB Fintech | The parent entity of insurance aggregator Policybazaar on Tuesday reported a net profit for the first time. It clocked a profit after tax of ₹37.2 crore for the third quarter that ended December 31, 2023. The company's revenue from operations jumped 42.7% to ₹ 870.9 crore against ₹610.1 crore in the corresponding period of the preceding fiscal.
Voltas | Leading domestic air-conditioner maker on Tuesday reported a net loss of ₹27.6 crore for the third quarter that ended December 31, 2023. The company's revenue from operations increased 30.9% to ₹2,625.7 crore as against ₹2,005 crore in the corresponding period of the preceding fiscal.
Astral | PVC pipes and plastic products maker on Tuesday reported a 19% year-on-year increase in net profit at ₹113.3 crore for the third quarter that ended December 31, 2023. The company's revenue from operations increased 8.1% to ₹1,370.2 crore against ₹1,267.8 crore in the corresponding period of the preceding fiscal.
Adani Total Gas | The city gas retailing joint venture of Adani group and TotalEnergies of France on Tuesday reported a 16% rise in third-quarter net profit on the back of strong CNG sales. It posted a standalone net profit of ₹172 crore in the October-December period compared to ₹148 crore a year back.
Results: Maruti Suzuki India, Shree Cement, Sun Pharmaceutical Industries, Ambuja Cements, Dabur India, Godrej Consumer Products, Jubilant Foodworks and Kalyan Jewellers India are due to report their earnings later in the day. (Image: Shutterstock)