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Q3 Earnings Today Live Updates: A number of major companies across sectors have already released their Q3 numbers, and with that, the fiscal third quarter earnings season is now in full swing. Till date, giants like Reliance Industries Ltd, Nestle India, Vedanta, Zomato, Hyundai Motor, Tata Motors, Maruti Suzuki India, L&T, Paytm, Adani Enterprises, Adani Wilmar, Tata Consumer, Godrej Consumer, HUL, Axis Bank, HDFC Bank, BPCL, HPCL, ONGC, UltraTech Cement, Adani Green Energy, and all of IT majors like TCS, HCL Tech, Infosys, Tech Mahindra, Wipro, and several others have released their quarter results.
According to CRISIL Research, India Inc’s revenue growth for the quarter in review is expected to have slowed by 80-90 bps on-year to 4-6 per cent, due to weaker performance in the construction and industrial commodities sectors, as well as subdued investment-linked segments. However, profitability will show 40-50 bps improvement, driven by export-linked sectors such as IT services and pharmaceuticals. Other brokerage firms also stated that the revenue growth this quarter slowed to around 5.2 per cent, down from 6 per cent in Q3FY24 due to extended monsoons and delayed government spending that hit the construction sector.
Today, companies like Religare Enterprises, Gland Pharma, Fortis Malar Hospitals, Aditya Birla Capital, Alembic Pharmaceuticals, Castrol India, Bajaj Steel Industries, Barbeque Nation Hospitality, Sundaram Finance, Tata Chemicals, Welspun Enterprises, Thomas Cook (India), Stove Kraft, Taj GVK Hotels & Resorts, Snowman Logistics, KEC International, Kalyani Steels, General Insurance Corporation of India, and others are releasing their Q3 results.
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Q3 Results Today Live Updates: Check Q3 Earnings for Religare Enterprise, Fortis, Aditya Birla, BBQ, Thomas Cook
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