Passenger and commercial vehicle sector veteran Tata Motors has fallen by 22.4 percent in net profit by 22.4 per cent over the previous year and has come down to Rs 5,451 crore. This happened due to a sluggish increase of 2.7 percent to Rs 1,13,575 crore. The company recently increased the price in commercial and electric vehicles to make up for inflation.
However, figures look better than the previous quarter. On this basis, net profit increased by 63 percent and revenue 12 percent. PB Balaji, the main financial officer of the group of Tata Motors, told reporters that despite external challenges, they were on the way to register a strong performance in FY 2024-25. Tata Motors shares rose 3.2 percent on BSE on Wednesday.
The luxury vehicle wing of Tata Motors Jaguar Land Rover (JLR) is facing challenges in demanding demand in markets like China and the company is adopting a waiting and review stand on the impact of Trump’s fee policies, of which America There is a fear of more tax levy when imported. JLR recorded a strong quarter with a record quarter revenue of 7.5 billion pounds (1.5 percent growth) and the earlier benefits from taxes and extraordinary items were 52.3 crore pounds (10.3 crore pounds).
Indian Bank’s net profit increased by 32 percent
Indian Bank on Wednesday released its financial results for the third quarter of the current financial year 2025. During the period under review, the consolidated net profit of this bank of Chennai rose by Rs 32 per cent to Rs 2,909.73 crore against Rs 2,205.63 crore in the third quarter of FY 2024. The company’s profits have been strengthened mainly by increasing asset quality and improving efficiency.
The total income of the bank in the period under review has increased by 11 per cent compared to a year ago. The total income of the bank in the December quarter of the last financial year was Rs 16,315.35 crore, which increased to Rs 18,167.54 crore in the third quarter of the current financial year. The bank’s managing director and CEO Vinod Kumar said that in the third quarter of the current financial year, the bank’s gross NPA declined by 121 base points to 3.26 per cent as compared to the same period of a year ago, which was 4.47 per cent in the December quarter of FY 2024.
Similarly, the bank’s NNPA 32 base points decreased from 0.53 per cent to 0.21 per cent. Bank’s provision coverage ratio has increased by 219 basis points according to a year ago. It was 95.9 per cent in the third quarter of FY 2024, which increased to 98.09 per cent in the third quarter of FY 2025. The slipage ratio during the period under review improved 50 basis points to 0.78 per cent, which was 1.28 per cent during the quarter ended in December 2023.
Bajaj Finance’s net profit increased to Rs 4,308 crore
Non-banking financial company Bajaj Finance increased integrated net profit from 18 percent to Rs 4,308 crore in the third quarter of the current financial year. The company had a net profit of Rs 3,639 crore in the same quarter of last year. Bajaj Finance said in the information to the stock market that the total income increased to Rs 18,058 crore in the October December quarter of FY 2024-25, which was Rs 14,166 crore in the same quarter of the previous financial year.
In the third quarter of the current financial year, net interest income increased to Rs 9,382 crore, which was Rs 7,655 crore in the same quarter of the previous financial year. However, in the third quarter of the company’s current financial year, gross non-performing asset (NPA) increased to 1.12 percent, which was 0.95 percent in the same quarter of the previous financial year. At the same time, the pure NPA i.e. implicated debt increased to 0.48 percent, which was 0.37 percent in the same quarter a year ago.
Pure profit of Adani Power increased by 12 percent
Theright power producing company Adani Power has increased net profit by 12 per cent in the October-December quarter (third quarter) of the current financial year. The company’s net profits have been strengthened by improving performance and increasing other income.
The company’s board on Wednesday decided to increase the amount raised from NCD from Rs 5,000 crore to Rs 11,000 crore. The board has also approved the plan to raise money through sales of shares up to Rs 5,000 crore. This amount will not be limited to private placements, eligible institutional placements, preferential issues and other methods will be tried as per the requirement.
The company’s integrated net profit was Rs 3,057.21 crore during the quarter under review, which was Rs 2,737.96 crore in the third quarter of the last financial year 2024. During this period, the company’s revenue increased by 5 per cent to Rs 13,671.18 crore as compared to a year ago. The company’s other income during the quarter also increased several times to Rs 1,162.26 crore against the same period of the same period last financial year. The company said that due to improvement in power demand and high operational capacity, the joint volume of power sales in the quarter was also 8 per cent higher than the same period of a year ago. Adaani Power said that United Ebita rose 23 per cent to Rs 6,185 crore against the third quarter of the last financial year.
More than double the net profit of Ambuja Cements
Ambuja Cements, who invests Adani Group, has registered a net profit of 156 percent during the period of October-December 2024. This has occurred due to better management of cost, sales growth and lump sum benefit from tax return. The company had a net profit of Rs 2,115 crore in the quarter under review. It helped by an increase of 14.8 percent in operational revenue compared to last year, which increased to Rs 9,329 crore.
The company’s other income during the quarter stood at Rs 1,352 crore, which increased by about seven times. In the Bloomberg survey, analysts expected an adjusted net income of Rs 656.2 crore and revenue of Rs 8,593 crore. Ambuja Cements overtook estimates in both profit and revenue.
Jindal Stainless’s profit decreased by 5.4 percent
Jindal Stainless’s profit has declined by 5.4 per cent in the third quarter of the current financial year 2025 due to the challenges in the export market. The company’s net profit in the October-December quarter of the last financial year was Rs 692.33 crore, which has been reduced to Rs 654.84 crore in the same quarter of this financial year. The company’s operational revenue on a joint basis has increased by 8.5 percent compared to the same period of a year ago.