Q3 Results 2025: TVS Motor, Piramal Pharma, JSW Energy, Hindustan Zinc, Hyundai, Cipla, others releasing Q3 results today – Industry News

– In a highly competitive market, 125cc+ Motorcycles delivered its highest ever quarterly retail volumes, buoyed by the festive season.

– The Speed 400 upgrade enabled Triumph to deliver its highest quarterly retails, while interventions on Duke 200/250 led the show for KTM.

– Commercial Vehicles retain their bright spot with sustained growth and strong competitive play; quarterly retails were at its highest-ever. Electric three-wheeler volumes surged 5x YoY, with market share expanding to a new quarter high (3x YoY), supported by an extended network from 600 to over 850 touchpoints, reinforcing our steady progress towards leadership in the segment.

– Chetak maintained strong momentum while steadily gaining customer preference; volumes ~2.5x YoY and exit market share 25%, +1100bps.

– Exports stayed on its path of recovery (across motorcycles, CV), delivering double-digit revenue growth for the 4th successive quarter.

Bajaj Auto Ltd on Tuesday released its fiscal third quarter earnings report with consolidated profit at Rs 2,195.65 crore, up 8.02 per cent in comparison to Rs 2,032.62 crore recorded during the same period of previous financial year. It posted revenue from operations at Rs 13,168.88 crore, up 8.25 per cent as against Rs 12,165.33 crore during the third quarter of FY24.

Avik Roy, MD & CEO, Exide Industries, said, “Our operating profitability remains steady with EB/TOA and PBT margins of 11. 7% and 8.5%, respectively, in the current quarter, benefitting from relatively stable commodity prices and focus on cost excellence. Although overall sales remained flattish in the quarter, attributable to a slowdown in govt. capex and other macroeconomic factors, we observed promising growth in the auto replacement and auto exports market segments. Near-term outlook is positive, with replacement markets remaining buoyant and expectation of rebound of govt. & private capex, which has the potential to drive up industrial demand. Commodity prices are expected to remain broadly stable. Our diversified product portfolio along with unparalleled brand recall, should enable us to capture growth across sectors in which we operate and deliver a strong performance going forward. In our lithium-ion cell manufacturing project, construction work is going on in full swing and the team is working relentlessly to ensure project completion. We intend to commercialise operations in FY26.”

• Registered double-digit growth in both the 2W and 4W replacement segments driven by a robust demand in the Automotive Aftermarket.

• Similarly, Solar posted double-digit growth in revenues on the back of Government incentives and various solarization programs.

• However, demand from Automotive OEMs has remained muted leading to dip in performance in Auto OEM.

• Industrial infra performance remained subdued as the market is going through a slowdown due to lower government spending on infrastructure. Private Capex outlay has also remained muted in Q3.

• Automotive Exports continued to register a robust growth, driven by the success of our Export- focussed strategies around Product Portfolio and Go-to-Market.

Exide Industries Ltd on Tuesday released its fiscal third quarter earnings report with profit at Rs 158.44 crore, posting a decline of 21.83 per cent in comparison to Rs 202.69 crore recorded during the third quarter of FY24. It posted revenue from operations at Rs 4,016.72 crore, marginally higher than Rs 3,979.83 crore recorded during the same period of previous financial year.

Saurabh Devendra Singh, Group CFO, ixigo, said, “Q3FY25 marks both a milestone and a stepping stone for our business. Our GTV growth remains robust at over 48%, and our ability to invest in this growth while maintaining a double-digit Adjusted EBITDA margin of 10%+ is a testament to our prudence.”

Rajnish Kumar, Group Co-CEO, ixigo and Aloke Bajpai, Group CEO, said, “Q3FY25 has been our best quarter ever! We hit new all-time high records for MAU, GTV, Revenue from Operations as well as EBITDA this quarter. For 9M FY25 vs 9M FY24 we have doubled our EBITDA from Rs 34 crore to Rs 68 crore while gaining market share in all our lines of business. With continued investments in new areas including hotels and AI-based agentic tools, we remain optimistic about our ability to grow faster than the overall OTA market in the mid-term.”

Le Travenues Technology Ltd., the parent company of travel aggregator Ixigo, on Tuesday reported profit of Rs 15.54 crore during the third quarter of FY25, dropping by 49.30 per cent in comparison to Rs 30.65 crore during the same period of previous financial year. This was largely due to a deferred tax gain of Rs 16.8 crore in Q3FY24 as compared to a deferred tax expense of Rs 5.9 crore this year in Q3FY25. It posted revenue from operations at Rs 241.76 crore, up 41.75 per cent as against Rs 170.55 crore during the third quarter of FY24.

The company posted a 48 per cent YoY increase in Gross Transaction Value (GTV). Train & Flight GTV grew 27 per cent YoY & 73 per cent YoY respectively and Bus GTV grew 63 per cent YoY for Q3FY25.

VIP Industries Ltd on Tuesday reported a loss of Rs 12.42 crore during the third quarter of FY25, as against a profit of Rs 7.15 crore recorded during the same period of previous financial year. It posted revenue from operations at Rs 501.07 crore, down 8.30 per cent as against Rs 546.42 crore recorded during the third quarter of previous financial year.

Colgate-Palmolive (India) reported net sales of Rs 1,452 crore for the quarter ended December 31, 2024, up 4.7 per cent on-year. For the nine months, the company delivered net sales growth of 9.2 per cent YoY at Rs 4,547 crore as compared to Rs 4,164 crore for the same period last year.

Colgate-Palmolive (India) Ltd on Tuesday released its fiscal third quarter earnings with profit at Rs 322.78 crore, down 2.22 per cent in comparison to Rs 330.11 crore during the same period of previous financial year. It posted revenue from operations at Rs 1461.84 crore, up 4.74 per cent as against Rs 1395.65 crore during the third quarter of FY24. The company EBITDA stood at Rs 454.3 crore.

Suzlon energy posted its highest‐ever order book at 5.5 GW, C&I and PSU now constitute ~80% of the total order book

JP Chalasani, Chief Executive Officer, Suzlon Group, said, “We are experiencing consistent quarter‐on‐ quarter growth, with each of our businesses operating as strong, independent entities driving performance. Our manufacturing capacity expansion in India is progressing as planned to fulfill our record‐high order book of 5.5 GW. With our ramp‐up strategy on track and operational preparedness at optimal levels, we can sustain momentum, create long‐term value for our stakeholders, and play a pivotal role in advancing India’s renewable energy ambitions.”

Girish Tanti, Vice Chairman, Suzlon Group, said, “We are building a future‐ready business by fortifying our core strategic pillars: cultivating strategic talent, leveraging next‐generation technology, amplifying customer‐centricity, and expanding operational capacity. Our sustained focus on these priorities drives consistent growth, performance, and long‐term profitability. One emerging trend fuelling our growth is our strategic emphasis on Commercial & Industrial (C&I) and Public Sector Undertaking (PSU) customers. As these organisations prioritise sustainability and renewable energy, we’re delivering reliable, affordable solutions that power their operations. This strategic shift is driving demand, positioning Suzlon as a trusted partner for businesses pursuing green energy ambitions and catalysing growth in the renewable energy sector.”

Suzlon Energy Ltd on Tuesday released its fiscal third quarter earnings report with profit at Rs 386.92 crore, posting a jump of 90.56 per cent in comparison to Rs 203.04 crore during the corresponding quarter of FY24. It posted revenue from operations at Rs 2,968.81 crore, up 91.18 per cent as against Rs 1,552.91 crore during the same period of previous financial year. The company EBITDA stood at Rs 493.5 crore.

– Domestic Sales is at Rs 651.3 crore

– Export Sales for the quarter is at Rs 15.4 crore

– Total Sales is at Rs 666.7 crore against Rs 686.6 crore of last year

– Consolidated turnover is at Rs 727.2 crore (PY Rs 738.4 crore)

TTK Prestige Ltd on Tuesday released its fiscal third quarter earnings report with profit at Rs 58.45 crore, down 6.45 per cent in comparison to Rs 62.48 crore during the same period of FY24. It posted revenue from operations at Rs 727.23 crore, posting a decline of 1.51 per cent from Rs 738.40 recorded during the corresponding quarter of previous financial year. The company EBITDA stood at Rs 79.5 crore.

Shyam S Bhartia, Chairman and Hari S Bhartia, Co-Chairman, Jubilant Ingrevia Limited, said, “We are pleased to announce significant year-on-year growth for this quarter, attributed to the enhanced performance of our Speciality Chemicals and Nutrition businesses, as well as to the benefits derived from cost saving initiatives implemented in recent quarters. We are also glad to share that the Board has recommended an interim dividend of 250%, which equates to Rs 2.5 per equity share with a face value of Re 1 each for FY’25. This will result in a cash outflow of Rs 39.8 crore.”

Jubilant Ingrevia said that the company board declared an Interim Dividend of Rs 2.50 per equity share of Re 1 each on the paid-up equity share capital of the company for the financial year 2024-25. “Further, in terms of Regulation 42 of the Listing Regulations, the Board has fixed Monday, February 3, 2025 as ‘Record Date’ for the purpose of ascertaining eligibility of the shareholders for payment of Interim Dividend. The Interim Dividend will be paid/ dispatched on or before February 26, 2025,” it said in a regulatory filing.

Jubilant Ingrevia Ltd on Tuesday released its fiscal third quarter earnings report with profit at Rs 69.38 crore, posting a jump of 79.93 per cent in comparison to Rs 38.56 crore during the corresponding quarter of FY24. It posted revenue from operations at Rs 1056.77 crore, up 9.35 per cent as against Rs 966.40 crore during the same period of previous financial year. The company EBITDA stood at Rs 138 crore, up 44.5 per cent YoY.

During the quarter, JSW Infrastructure handled cargo volumes of 29.4 million tonnes which is higher by 5% over the last year. The volume increase was driven by the increased capacity utilisation in the coal terminal at Paradip, contribution from PNP port and Liquid Storage Terminal, UAE. The growth was partially offset by lower cargo volumes in the Iron Ore terminal at Paradip. The increase in the third-party volume was stronger with 31% year-on-year growth and the share of Third Party in the overall volumes stood at 49% vs 39% a year ago.

JSW Infrastructure Ltd on Tuesday posted a profit of Rs 329.76 crore for the fiscal third quarter, recording a growth of 31.56 per cent in comparison to Rs 250.66 crore during the same period of previous financial year. It recorded revenue from operations at Rs 1181.83 crore, up 25.71 per cent as against Rs 940.11 crore during Q3FY24.

CG Power and Industrial Solutions Ltd on Tuesday posted a profit of Rs 240.53 crore for the third quarter of FY25, posting a decline of 67.82 per cent in comparison to Rs 747.50 crore during the corresponding quarter of previous financial year. It posted revenue from operations at Rs 2515.68 crore, up 27.13 per cent as against Rs 1978.75 crore during the third quarter of FY24. The company EBITDA stood at Rs 332 crore, up 27 per cent YoY.

▪ Revenue from operations at Rs 51252.61 crore

▪ EBITDA margin is at 12.53% as compared to 12.67% of 9M FY2023-2

▪ PAT at Rs 4025.86 crore

The company sold a total of 570,402 units of passenger vehicles during this period. This includes 445,116 units in the domestic market with a strong contribution from the SUV segment. The export volume stood at 125,286 units.

Unsoo Kim, Managing Director, Hyundai Motor, said, “While the challenges persist in the overall market due to global factors, our business fundamentals remain strong, and we remain confident in our ability to leverage our strengths and actively explore potential opportunities to improve our volumes and profitability.”

Hyundai Motor sold a total of 186,408 units of passenger vehicles during this quarter. This includes 146,022 units in the domestic market with a strong contribution from the SUV segment. The company has achieved its highest ever CNG penetration during the quarter, reaching an impressive 15 per cent from 12 per cent in Q3 of the previous year. During the quarter, the company has demonstrated growth in rural penetration reaching 21.2 per cent compared to 19.7 per cent in the same period last year. The export volume stood at 40,386 units.

Hyundai Motor India Ltd on Tuesday released its fiscal third quarter earnings report with profit at Rs 1160.73 crore, down 18.56 per cent in comparison to Rs 1425.22 crore during the corresponding quarter of FY24. It posted revenue from operations at Rs 16,647.99 crore, down 1.34 per cent as against Rs 16874.71 crore during the same period of previous financial year. The company EBITDA stood at Rs 1,875.4 crore, down 13.7 per cent YoY.

Umang Vohra MD and Global CEO, Cipla Ltd, said, “I am pleased to share that we continue to make considerable progress across our focused markets. In Q3FY25, we delivered growth across all our various geographies, despite a supply challenge in the US. We recorded a revenue growth of 8% over last year with a highest-ever EBITDA margin of 28.1%, driven by mix and other operational efficiencies. Our One-India business grew at a healthy 10% YoY. Key therapies in the Branded Prescription business continued to outpace the market growth, Trade Generics business growth trajectory is back on track and Anchor brands of Consumer Health Business maintained leadership position. With a positive traction in our differentiated assets, the US business posted a revenue of $ 226 Mn. In South Africa, we recorded a solid growth of 21% YoY in local currency terms. Emerging Markets and Europe delivered a substantial revenue growth of 20% YoY on the back of deep market focus strategy. Going ahead, the focus will be on growing our key markets, further building our flagship brands, investing in future pipelines as well as focusing on resolutions on the regulatory front.”

One-India: One India Business grew at a healthy 10% YoY. Branded Prescription business continued to outpace the market growth in key therapies, Trade Generics is back on growth trajectory and Anchor brands of CHL continued to grow bigger.

North America: Delivered quarterly revenue of $ 226 Mn supported by traction in differentiated assets that helped to overcome Lanreotide supply shortfall.

One Africa: Growth momentum continued with overall revenue growth at 9% in USD terms. Prescription business ranked #1 in the market.

Cipla Q3 Results Live Updates: Posted a substantial revenue growth of 20% in USD terms.

Cipla Ltd on Tuesday released its fiscal third quarter earnings report with profit at Rs 1,570.51 crore, posting a growth of 48.74 per cent in comparison to Rs 1,055.90 crore during the corresponding quarter of FY24, beating estimates. It posted revenue from operations at Rs 7,072.97 crore, up 7.10 per cent as against Rs 6,603.81 crore during the same period of previous financial year. The company EBITDA stood at Rs 1,989 crore.

According to a CNBC TV18 poll, Cipla was expected to post Q3 profit at Rs 1175 crore and revenue for the quarter was estimated at Rs 6870.3 crore.