Key Companies Announce Q3 Results Today: January 31st
Stocks to Watch Today: Indian markets are expected to open flat on January 31st amidst mixed global signals. GIFT Nifty futures are currently trading at 23,437, up marginally by 19 points. Thursday witnessed a bullish market trend, with the BSE Sensex closing at 76,759.81, up 226 points (0.30%), while Nifty50 surged by 86 points (0.90%), closing at 23,249.50. Investors will be closely watching these key stocks today.
Q3 Results Announced Today: Several Major Companies Release Quarterly Earnings
January 31st will see the release of quarterly results from several major companies, including Oil and Natural Gas Corporation (ONGC), IndusInd Bank, Sun Pharmaceuticals, Nestle India, Punjab National Bank (PNB), Bandhan Bank, UPL, Vedanta, Aster DM Healthcare, Cholamandalam Investment, City Union Bank, Equitas Small Finance Bank, Five-Star Business Finance, Flair Writing Industries, Godrej Agrovet, Inox Wind, IRB Infrastructure Developers, Jubilant Pharmova, Jyoti Labs, Karnataka Bank, LIC Housing Finance, Marico, Pfizer, Poonawalla Fincorp, and Vishal Mega Mart.
IPO Listings: HM Electro Mech and GB Logistics Commerce
On January 31st, HM Electro Mech and GB Logistics Commerce IPOs will be listed on BSE SME, potentially offering attractive opportunities for investors.
Larsen & Toubro (L&T): Increased Profit in Q3 Results
Larsen & Toubro (L&T) reported an increase in its consolidated net profit for the third quarter of fiscal year 2025. Net profit reached ₹3,359 crore, exceeding the previous year's ₹2,947 crore, but falling short of analyst estimates of ₹3,762 crore. Revenue stood at ₹64,668 crore, up from ₹55,100 crore in the previous year. However, EBITDA remained lower than expected at ₹6,256 crore.
Biocon: Significant Profit Decline
Biocon reported a consolidated net profit of ₹25.1 crore in its third quarter, a sharp decline from ₹660 crore in the same quarter last year. Revenue decreased to ₹3,820 crore from ₹3,954 crore. EBITDA also fell to ₹750 crore, resulting in an EBITDA margin of 19.67%.
Bank of Baroda: Profit Increase
Bank of Baroda reported increased profits in its third quarter, with a net profit of ₹4,837 crore compared to ₹4,580 crore in the previous year. Total income reached ₹30,910 crore, and Non-Performing Assets (NPAs) improved, with gross NPA at 2.43% and net NPA at 0.59%.
Tata Consumer Products: Slight Profit Decline
Tata Consumer Products reported a net profit of ₹299 crore in the third quarter, slightly lower than the ₹315 crore reported in the same quarter last year. Revenue increased to ₹4,440 crore from ₹3,804 crore. EBITDA stood at ₹564 crore compared to ₹571 crore, with a decreased EBITDA margin of 12.69%.
Shree Cement: Significant Profit Decline
Shree Cement reported a net profit of ₹229 crore in the third quarter, significantly lower than the ₹734 crore reported last year and ₹93 crore in the previous quarter. Revenue decreased to ₹4,235 crore from ₹4,870 crore. EBITDA fell to ₹947 crore from ₹1,234 crore, resulting in an EBITDA margin of 22.35% compared to 25.32% last year.
Prestige Estates Projects: Profit Decline
Prestige Estates Projects reported a consolidated net profit of ₹17.7 crore in the third quarter, a significant decrease from ₹116 crore last year and ₹190 crore in the previous quarter. Revenue fell to ₹1,650 crore from ₹1,796 crore. EBITDA was ₹590 crore compared to ₹551 crore last year.
Kalyan Jewellers: Profit Increase
Kalyan Jewellers reported a consolidated net profit of ₹220 crore in the third quarter, exceeding both last year's ₹180 crore and the previous quarter's ₹130 crore. Revenue increased to ₹7,290 crore from ₹5,220 crore. However, the EBITDA margin decreased to 6.02% from 7.08% last year.
Keep a close watch on these key stocks today, as their quarterly results and other updates may impact the market.
