Q3 profit News

Zomato's Q3 Earnings Tumble: A 57% Profit Drop Amid Aggressive Blinkit Expansion

Zomato reports a 57% drop in Q3 profit due to aggressive Blinkit expansion, despite a 64% surge in operational revenue. The company faces intense competition in the quick commerce ...

IDBI Bank's Q3 Profits Skyrocket by 31% to Rs 1,908 Crore: A Deep Dive into the Financial Surge

IDBI Bank's Q3 profits soar by 31% to Rs 1,908 crore, driven by reduced provisioning and higher interest income. Improved asset quality and income highlight the bank's financial tu...

Wipro's Q3 Profit Surges by 24.4%, Announces Rs 6 Dividend and New Capital Strategy

Wipro announces a 24.4% increase in Q3 profits, introduces a new capital allocation policy aiming for a 70% payout ratio, and declares an interim dividend of Rs 6 per share, showca...

Infosys Reports a Stellar 11.5% Profit Surge in Q3, Elevates Growth Forecast

Infosys reports an 11.46% increase in Q3 FY25 net profit to Rs 6,806 crore, driven by growth in financial services and manufacturing. The company raises its FY25 revenue growth gui...

Bank of Maharashtra Reports a Stellar 36% Profit Surge in Q3, Reaching Rs 1,406 Crore

Bank of Maharashtra announced a 36% increase in Q3 net profit to Rs 1,406 crore, driven by higher interest income. The bank also reported improvements in asset quality and raised R...

HCLTech Announces a 5.5% Surge in Q3 Profits, Reaching Rs 4,591 Crore

HCLTech reports a 5.54% increase in Q3 net profit to Rs 4,591 crore, with revenues up by 5.07% to Rs 29,890 crore. Sequential growth in profit and revenue highlights the company's ...

IOB's Q3 Profit Surges 30% to Rs 723 Crore: A Closer Look

Indian Overseas Bank reports a 30% rise in net profit for Q3 2023-24, reaching Rs 723 crore, driven by improved core income and reduced bad loans.