By Malvika Gurung
Investing.com -- ITC (NS: ITC ): The cigarette-to-hotels conglomerate reported a 15% YoY and 8% QoQ rise in net profit at Rs 4,056.73 crore in Q3, while its standalone revenue rose 32.5% YoY to Rs 15,862.32 crore.
Adani Power (NS: ADAN ): The company’s net profit for Q3 came in at Rs 218.5 crore, compared to a loss of Rs 288.7 crore in Q3 FY21, while revenue declined 22.2% YoY to Rs 5,360.9 crore.
Titan (NS: TITN ) Company: The Indian luxury products company exceeded the Street’s estimates, posting a higher net profit, revenue, operating profit and operating margin in Q3. Its net profit zoomed 135.6% YoY to Rs 987 crore, and revenue surged 30.6% YoY to 9,515 crores.
GAIL (NS: GAIL ): The state-owned natural gas corporation reported a whopping 121% YoY growth in net profit at Rs 3,288 crore in Q3, exceeding the Street’s estimate, and its revenue rose 20% YoY to Rs 25,775 crore, as a result of hiked domestic gas prices in H2 FY22.
Power Grid Corporation (NS: PGRD ): The state-run power major’s board approved to invest Rs 677.59 crore in transmission projects, in a meeting held on February 2.
Radico Khaitan (NS: RADC ): The alcohol manufacturer reported its net profit at Rs 79.13 crore in Q3, declining 5.9% on a YoY basis, while its revenue grew 12% YoY to Rs 766 crore.
Blue Star (NS: BLUS ): The AC maker posted a better-than-expected earnings result in Q3, with revenue surging 34% YoY and 22% sequentially to Rs 1,510 crores, and the consolidated net profit rose 29.4% YoY to Rs 47.57 crore.
Companies including Tata Steel (NS:
), IndiGo (NS:
), Siemens (NS:
), Shree Cements (NS:
), Paytm (NS:
), Bank of India (NS:
), and Aditya Birla Fashion (NS:
), among others will release their earnings for the Dec 2021 quarter today.
Add Chart to Comment
We encourage you to use comments to engage with users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:
- Enrich the conversation
- Stay focused and on track. Only post material that’s relevant to the topic being discussed.
- Be respectful. Even negative opinions can be framed positively and diplomatically.
- Use standard writing style. Include punctuation and upper and lower cases.
- NOTE: Spam and/or promotional messages and links within a comment will be removed
- Avoid profanity, slander or personal attacks directed at an author or another user.
- Don’t Monopolize the Conversation. We appreciate passion and conviction, but we also believe strongly in giving everyone a chance to air their thoughts. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
- Only English comments will be allowed.
Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.