End Of Coverage
Today’s earnings were a definitely a missed bag! Tata Elxsi and ICICI Lombard defied analysts’ expectations and registered lower profits. However, things were sunnier for Bank of Maharashtra and ICICI Prudential.
That’s all for today folks! This is Khushi signing off, see you again tomorrow.
Before you leave, check the analyst estimates for tomorrow’s earnings below:
Highlights
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ICICI Prudential’s Net profit grew 19% to Rs 387 crore while Net premium income was down 3.7% at Rs 11,809 crore
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Bank of Maharashtra’s net profit was up 26.5% at Rs 1,779 crore, along with its operating profit and net interest income which grew 18.8% and 16.2% to Rs 2,736 crore and Rs 2,943 crore respectively.
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IT giant Tata Elxsi saw a downtick in its bottom-line as it made provisions for the new labour codes. Profit fell 29.7% to Rs 109 crore, even as revenue rose 3.9% to Rs 953 crore.
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The net profit for ICICI Lombard General Insurance Company Ltd. slipped 9.1% to Rs 658.7 crore from Rs 724.38 crore in the year-ago period; thereby missing analysts’ estimate of Rs 800 crore.
Q3 Results LIVE: Just Dial Profit Declines
Just Dial Q3 highlights (QoQ)
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Net Profit declines 1.3% Rs 118 crore versus Rs 119 crore
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Revenue goes up 0.9% to Rs 306 crore versus Rs 303 crore
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Ebitda up 9.4% to Rs 95 Cr versus Rs 87 crore
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Margin at 31.2% versus 28.7%
Q3 Results LIVE: Tata Elxsi Revenue Growth Was Volume Led
Tata Elxsi’s 4% sequential revenue growth was volume led, according to the management of the company.
Q3 Results LIVE: Tata Elxsi Growth Led By Transportation Segment
“Growth was led by our transportation business, with accelerated ramp-ups in SDV led OEM deals won earlier in the year, and normalisation of workstreams and programs with a strategic OEM client that was impacted in the previous quarter”, said CEO and MD Manoj Raghavan.
Q3 Results LIVE: ICICI Lombard Combined Ratio
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Combined Ratio at 104.5% vs 105.1% (QoQ)
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Combined Ratio at 104.5% vs 102.7% (YoY)
Q3 Results LIVE: Tata Elxsi Profit Rides Down On Labour Code Provisioning
Tata Elxsi Q3 Results Key Highlights (Consolidated, QoQ)
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Net Profit down 29.7% At Rs 109 crore versus Rs 155 crore
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Revenue up 3.9% to Rs 953 crore versus Rs 918 crore
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EBIT up 17.4% to Rs 199 crore versus Rs 170 crore
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EBIT margin At 20.9% versus 18.5%
Q3 Results LIVE: ICICI Lombard Gross Premium Rises
The gross premium on the other hand saw an advance of 14.8% to Rs 7433 crore versus Rs 6474 crore in the year-ago period.
Q3 Results LIVE: ICICI Lombard Net Profit Dips 9% YoY
The net profit for ICICI Lombard General Insurance Company Ltd. slipped 9.1% to Rs 658.7 crore from Rs 724.38 crore in the year-ago period; thereby missing analysts’ estimate of Rs 800 crore.
Q3 Results LIVE: Analyst Expectations From Tata Elxsi
Tata Elxsi is projected to report a 3.5% sequential rise in revenue from operations at Rs 950 crore, as per consensus estimate compiled by Bloomberg.
Net profit may rise to Rs 174 crore from Rs 155 crore in the previous quarter.
Q3 Results LIVE: What Do Analysts Expect From ICICI Lombard?
The ICICI Group insurance company’s net profit is expected to rise by 10% year-on-year to Rs 800 crore, but decline 2.6% quarter‑on‑quarter, as per consensus estimate compiled by NDTV Profit.
New Business Premium (NBP) is expected to rise to Rs 5,791 crore, reflecting a robust 15% year‑on‑year increase and a modest 2% growth sequentially. The company continues to maintain double‑digit momentum in new business generation, signaling sustained demand and stable underwriting activity.
Q3 Results LIVE: ICICI Lombard Shares Close Lower, Tata Elxsi Settles Higher
ICICI Lombard closed over 1% lower ahead of results, while Tata Elxsi maintained optimism ahead of results and settled higher 1.75% higher.
Q3 Results LIVE: Tata Elxsi Shares Trade 2% Higher Ahead Of Results
Tata Elxsi’s stock was trading 2% higher at Rs 5,804.50 apiece ahead of the company’s third quarter results.
Q3 Results LIVE: Bank Of Maharashtra Profit Sees Uptick
Bank Of Maharashtra Q3 Highlights (Standalone, YoY)
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Net profit up 26.5% at Rs 1,779 crore versus Rs 1,406 crore
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Operating profit up 18.8% at Rs 2,736 crore versus Rs 2,303 crore
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NII up 16.2% at Rs 3,422 crore versus Rs 2,943 crore
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Provisions down 13.4% at Rs 728 crore versus Rs 841 crore
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Net NPA at 0.15% versus 0.18% (QoQ)
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Gross NPA at 1.60% versus 1.72% (QoQ)
Q3 Results LIVE: Kotak Mahindra Bank Results Expected On This Date
Kotak Mahindra Bank’s board is set to meet on Jan 24 to review Q3 earnings.
Source: Exchange Filing
Q3 Results LIVE: ICICI Prudential Shares Spike
Shares of ICICI Prudential surged in trade after the company reported a 19% spike in net profit.
Q3 Results LIVE: ICICI Prudential Profit Up 19%
ICICI Prudential Q3 Highlights (Consolidated, YoY)
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Net profit up 19% at Rs 387 crore versus Rs 325 crore
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Net premium income down 3.7% at Rs 11,809 crore
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61st month persistency ratio at 58.6% versus 62.6%
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13th month persistency ratio at 81% versus 85.6%
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Solvency ratio at 214.8% versus 213.2% (QoQ)
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61st month persistency ratio at 58.6% versus 59.5% (QoQ)
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13th month persistency ratio at 81% versus 81.4% (QoQ)
Q3 Results LIVE: TCS Takes Rs 2,100 Crore Hit Due To Newly-Implemented Labour Codes
Tata Consultancy Services Ltd. has reported a Rs 2,128 crore impact in the December quarter of the financial year ending March 2026, due to the newly-introduced Indian Labour Codes, the company confirmed in an exchange filing.
This is in line with a Jefferies estimate, which claimed the new Labour Codes will have a minimum 10-20% hit on the net profit of Indian IT companies.
A Rs 2,128-crore hit taken from statutory Labour Codes, therefore, accounts for an impact of nearly 20% of TCS’ Q3 profit, which stood at Rs 10,657 crore.
Q3 Results LIVE: Avenue Supermarts Rides Margin Tailwind
Goldman Sachs flagged the margin spike as largely one-off, attributing it to trade discounts from FMCG companies clearing pre-GST channel inventory. As a result, it does not see the gross margin expansion as sustainable.
Q3 Results LIVE: ICICI Prudential Shares Pare Day’s Lows
ICICI Prudential’s share price pared Tuesday’s trading session’s lows, and is currently trading 0.11% higher.
Q3 Results LIVE: ICICI Lombard Expects Pickup In Growth
Operational efficiency may also show improvement, with the combined ratio declining sequentially by 89 basis points to 104.3%. This trend suggests better cost management and risk control, although the ratio remains slightly elevated.
Growth is expected to pick up due to improvement in health segment post GST exemption on retail health policies and uptick in motor sales.
Q3 Results LIVE: Bank Of Maharashtra Shares Rise
Shares of Bank of Maharashtra advanced over 2% in intraday trade on Tuesday, ahead of their Q3 results.
Q3 Results LIVE: Tata Elxsi Earnings Estimates
Tata Elxsi is projected to report a 3.5% sequential rise in revenue from operations at Rs 950 crore, as per consensus estimate compiled by Bloomberg.
Net profit may rise to Rs 174 crore from Rs 155 crore in the previous quarter.
Operational income, denoted under earnings before interest and tax, is expected to rise 10% to Rs 187 crore from Rs 170 crore. EBIT margin will expand to 19.7% from 18.5%.
Q3 Results LIVE: ICICI Lombard’s Earnings Estimate
The ICICI Group insurance company’s net profit is expected to rise by 10% year-on-year to Rs 800 crore, but decline 2.6% quarter‑on‑quarter, as per consensus estimate compiled by NDTV Profit.
New Business Premium (NBP) is expected to rise to Rs 5,791 crore, reflecting a robust 15% year‑on‑year increase and a modest 2% growth sequentially. The company continues to maintain double‑digit momentum in new business generation, signaling sustained demand and stable underwriting activity.
Q3 Results LIVE: ICICI Lombard, ICICI Prudential, Tata Elxsi In Focus
Hello, and welcome to NDTV Profit’s coverage of the December quarterly reports released by India Inc.
Today, names like ICICI Lombard, ICICI Prudential Life Insurance Co, Bank of Maharashtra, and Tata Elxsi are in focus as they share their financial performance for the quarter in question.
Stay tuned to NDTV Profit for all the live updates!
. Read more on Earnings by NDTV Profit.