Infosys, Groww, HDFC AMC Among Companies Announcing Q3 Results Today
Multiple companies including Infosys, Groww, HDFC AMC, ICICI Lombard, and Waaree Renewable are announcing Q3 results today. Just Dial reported 6% revenue growth to ₹306 crores with healthy 31.2% EBITDA margins. ICICI Lombard faced profit decline due to higher agent payouts despite strong insurance demand. Tata Elxsi suffered 45% profit drop due to ₹95.60 crores exceptional charge related to new labour codes.
*this image is generated using AI for illustrative purposes only.
Markets remained volatile on the weekly expiry day and ended marginally lower amid mixed cues, with analysts maintaining a cautious view on the Nifty. Several companies are making headlines today due to earnings announcements and corporate developments.
Companies Announcing Q3 Results Today
Shares of multiple companies will be in focus as they announce their third quarter results today. The list includes major players across different sectors:
| Company | Sector |
|---|---|
| Infosys | IT Services |
| Groww | Financial Services |
| HDB Financial Services | Financial Services |
| HDFC AMC | Asset Management |
| ICICI Prudential AMC | Asset Management |
| Waaree Renewable Technologies | Renewable Energy |
Q3 Results Already Announced
Just Dial Performance
Just Dial delivered a solid performance in the third quarter with steady growth across key metrics:
| Metric | Q3 Performance | Growth |
|---|---|---|
| Operating Revenue | ₹306.00 crores | +6% YoY |
| Operating EBITDA | ₹95.00 crores | - |
| EBITDA Margin | 31.20% | +101 bps YoY |
| Advertising Spends | ₹9.50 crores | - |
The company maintained a healthy EBITDA margin of 31.2%, showing improvement of 101 basis points year-on-year, indicating efficient operational management.
ICICI Lombard Faces Challenges
ICICI Lombard General Insurance reported a decline in third-quarter profit despite strong underlying business fundamentals. The company, backed by ICICI Bank, experienced higher payouts to agents and employees that outweighed the strong demand witnessed in retail health and motor insurance segments. The insurer offers a comprehensive portfolio including marine, crop, fire, motor, and health coverage.
Tata Elxsi Hit by Regulatory Changes
Tata Elxsi faced significant headwinds in the third quarter, with the engineering research and development firm reporting a substantial 45% drop in profit. The Bengaluru-based company posted a profit of ₹109.00 crores for the quarter ended December 2024.
| Impact Factor | Amount |
|---|---|
| Exceptional Charge | ₹95.60 crores |
| Reason | New labour codes compliance |
| Nature | One-time employee benefit provisions |
Corporate Clarifications
L&T Addresses Kuwait Project Concerns
Larsen & Toubro issued a clarification regarding oil project tenders in Kuwait that were reportedly facing possible cancellation. The company reassured investors that these projects were not part of its order book, following a sharp decline in its share price. L&T emphasized that the projects mentioned in media reports were not included in the company's order book and stated it could not comment on the status of tenders or clients' commercial decisions.
The mixed earnings results and corporate developments highlight the varied performance across different sectors, with some companies showing resilient growth while others face regulatory and operational challenges.
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