Seven listed companies across diverse sectors are set to announce their December quarter results today, January 9, 2026. The announcement comes as India's benchmark Nifty50 was trading at 25,876.85 level ahead of market open, with investors maintaining cautious sentiment ahead of these quarterly disclosures.

Key Companies Announcing Results

The companies scheduled to report their Q3 FY26 results represent a wide range of industries, from renewable energy financing to telecommunications and consumer goods.

Major Players in Focus

IREDA leads the pack with the highest market capitalization of ₹39,652.30 crore. The government-owned financial institution, designated as a 'Navratna' NBFC under the Ministry of New and Renewable Energy, was established in 1987. The company specializes in financing renewable energy projects including solar, wind, hydro, and biomass, positioning itself as India's largest pure-play green financing NBFC.

Tejas Networks, part of the Tata Group, holds the second-largest market cap at ₹7,839.69 crore. The telecom equipment manufacturer designs and develops high-performance networking products for service providers across over 75 countries, focusing on 4G/5G, fiber broadband, and optical transmission technologies.

Globus Spirits rounds out the top three with a market capitalization of ₹3,140.87 crore and the highest share price at ₹1,084.10. The company operates across the entire alcohol value chain, manufacturing Indian Made Indian Liquor, Indian Made Foreign Liquor, bulk alcohol, hand sanitizer, and franchise bottling services.

Diverse Sector Representation

The remaining companies showcase varied business models and market positions:

• Gretex Industries has transitioned from textile manufacturing to becoming a leading distributor of musical instruments and audio equipment in Eastern India, representing brands like Yamaha and Sennheiser
• G G Engineering, established in 2006, manufactures structural steel products and trades in engineering materials for infrastructure projects
• Ladam Affordable Housing, originally incorporated in 1979, shifted focus from steel and finance to developing affordable homes for middle-income families
• Triton Corp has evolved from garment manufacturing to IT services, real estate, hospitality, and green energy solutions

Market Impact

Traders and investors will closely monitor these results for insights into sectoral performance and broader market direction. The diverse nature of these companies provides a cross-sectional view of different segments of the Indian economy, potentially influencing market sentiment and trading patterns on Dalal Street.

IREDA shares are set to be in focus on January 9, 2025, as the renewable energy financing company prepares to announce its third quarter results. The company has already provided key business metrics in an update shared on January 1, 2025, offering investors a preview of its operational performance.

Loan Book Growth Shows Moderation

The company's loan portfolio demonstrated continued expansion, though at a moderated pace compared to earlier periods. Key growth metrics for the nine-month period reveal a mixed performance across different business parameters.

The loan book growth of 27.6% represents a deceleration from the 31% growth rate achieved in the first half of the fiscal year. Similarly, while nine-month disbursements grew by 44.5%, this marks a slowdown from the 54% growth recorded in H1 FY25.

Quarterly Performance Reflects Challenges

The third quarter specifically showed more subdued performance indicators. Disbursements declined by 5.5% during the quarter, while sanctions nearly halved compared to the same period last year. This contrasts sharply with the robust growth seen in earlier quarters, where sanctions had grown by 86% in the first half.

Investors will particularly focus on core income growth during the quarter, which had surged nearly 50% year-on-year during the September quarter.

Asset Quality Under Scrutiny

Asset quality metrics have gained increased attention following the Gensol issue, making NPA levels a key focus area for the upcoming results. The September quarter showed improvement in both gross and net NPA ratios.

The sequential improvement in asset quality indicators provides some reassurance, though investors will seek further clarity on the sustainability of this trend.

QIP Plans Await Clarity

Market participants are also awaiting updates on the company's proposed Qualified Institutional Placement (QIP) to raise up to ₹3,000 crore. The fundraising initiative, first reported exclusively by CNBC-TV18 on November 18, represents a significant capital expansion plan that could support the company's growth trajectory.

Stock Performance Reflects Market Concerns

IREDA shares closed 3.5% lower on Thursday at ₹140.95, reflecting ongoing market concerns about the company's performance. The stock has faced significant pressure over the past year, declining over 35% in the last 12 months and falling 55% from its record high of ₹310.

The upcoming Q3 results will be crucial in determining whether the company can address investor concerns about asset quality, business momentum, and capital raising plans.

Source: https://www.cnbctv18.com/market/ireda-q3-results-core-income-gross-net-npa-asset-quality-qip-share-price-reaction-ws-e-19817355.htm