IndusInd Bank, Cipla, Shriram Finance, JSW Steel, Adani Green Energy, Bharat Petroleum Corporation Limited (BPCL), DCB Bank, Godrej Consumer Products, India Cements, JSW Energy, Laurus Labs, Multi Commodity Exchange of India, Piramal Finance, Sona BLW Precision Forgings, Welspun Specialty Solutions etc. companies released their third quarter (Q3) results today. Will do.
InterGlobe Aviation (Indigo)
Indigo Airlines operator InterGlobe Aviation reported a consolidated net profit of Rs 549.1 crore in the third quarter (Q3 FY26) amid an extraordinary loss of Rs 1,546.5 crore, a sharp decline of 77.6% from the year earlier. Revenue increased by 6.2% to Rs 23,471.9 crore. EBITDA excluding forex declined 5.5% to Rs 7,043.4 crore, while EBITDA margin slipped to 30% from 33.7% last year.
Bandhan Bank
Bandhan Bank’s third quarter (Q3 FY26) net profit declined by 51.8% to Rs 205.6 crore from Rs 426.5 crore. Net interest income (NII) declined by 4.5% to Rs 2,688.3 crore. Provisions and contingencies declined 16% to Rs 1,154.6 crore from Rs 1,376 crore. Gross NPA declined to 3.33% from 5.02% and net NPA declined to 0.99% from 1.37% (compared to previous quarter).
Reliance Industries
Reliance Industries has merged its 16 step-down wholly owned subsidiaries into its clean energy arm, Reliance New Energy Limited.
Ashoka Buildcon
Ashoka Buildcon has received a letter of acceptance (LOA) from the Public Works Department of Daman for an order worth Rs 307.71 crore for the construction of a proposed Signature Bridge.
NTPC Green Energy
NTPC Green Energy has signed a Memorandum of Understanding (MoU) with the Government of Uttar Pradesh for the development of renewable energy and green hydrogen projects.
Oil and Natural Gas Corporation (ONGC)
ONGC has acquired 50% stake each in Bharat Ethane One IFSC and Bharat Ethane Two IFSC through private placement.