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As the earnings season comes to a close, several Indian companies will release their third-quarter results for the financial year 2024-25 on February 5, 2025. The list of companies includes employment website Naukri.com operator Info Edge, food aggregator Swiggy, pharmaceutical major Zydus Life, paint manufacturer Kansai Nerolac, electric power generation and distribution company Reliance Power, and others.
Some of the notable companies that will release their Q3 results on February 5 include Abbott India, Redington, Gujarat Gas, Page Industries, Sagility India, Welspun Corp, Cremica biscuits maker Mrs Bectors Food, and electronics and home appliances company Symphony.
In related news, Titan, a leading jewellery and watchmaker, has posted a marginal fall in its consolidated net profit to ₹1,047 crore in the latest December quarter, compared to ₹1,053 crore in the year-ago period. However, the company’s sales climbed 25.68% to ₹17,550 crore in the reporting quarter, driven by higher gold prices, wedding-related purchases, and healthy same-store sales growth.
The company’s festive quarter saw impressive growth in secondary sales, with a 28% increase, while wedding-related purchases grew by 29%. Same-store sales growth was also healthy, with a 22% increase compared to Q3FY24. Titan’s earnings statement noted that the festive quarter brought consumer cheer, with higher gold prices and wedding-related purchases contributing to the growth.
The release of Q3 results for these companies will provide insights into their financial performance and help investors make informed decisions. The results will also give a glimpse into the overall health of the Indian economy and the performance of various industries.