Quarterly Financial Performance of India’s Leading Companies – Q3 FY25
Maruti Suzuki: Maruti Suzuki, India’s leading carmaker, posted a 13% YoY increase in standalone net profit at ₹3,525 crore for the third quarter of FY25. Revenue from operations rose 16% YoY to ₹38,492 crore. EBITDA rose 14% YoY to ₹4,470 crore, with margins down marginally to 11.6%.
Tata Motors: Tata Motors recorded a 22.5% year-over-year net profit for the quarter that ended on December 31, 2024. It has seen its bottomline come in at ₹5,451 crore versus ₹7,025 crore during the corresponding quarter last year. Profit was the only line to dip even though revenue had climbed 1.8% over the last year at ₹1.13 lakh crore. EBITDA slid by 14.7% at ₹13,081 crore.
Bajaj Finance: Bajaj Finance has delivered a 17% YoY growth in consolidated net profit at ₹4,247 crore in Q3 FY25. Analysts were on the lower side of estimates. Revenue from operations increased by 13% YoY to ₹16,035 crore. The net interest income (NII) witnessed a 23% YoY increase to ₹9,382 crore.
Adani Power: Adani Power’s net profit rose 7.4% to ₹2,940 crore from ₹2,737 crore in the same period last year. Revenue jumped 5.2% YoY to ₹13,671.2 crore, while EBITDA was up 8% at ₹5,023 crore. Margin expanded to 36.7% from 35.8%. The board also approved higher fundraising limits via Non-Convertible Debentures and a Qualified Institutional Placement.
IFCI: IFCI announced approval from its board for a ₹500 crore capital infusion through a preferential issue of shares to the Government of India. This will increase the government’s stake in the company from 71.72%.
Restaurant Brands Asia: Restaurant Brands Asia, owner of Burger King and Popeyes in India, reported a net loss of ₹50.3 crore for Q3 FY25, which was higher than the ₹36 crore loss in the same period of the previous year. Revenue did grow 5.8% YoY to ₹639 crore, and EBITDA went up 1.6% to ₹69.4 crore.
CAMS reported a 40.5% YoY growth in its net profit for Q3 FY25, reaching ₹125.5 cr. Revenue saw a 28% YoY jump to ₹369.7 cr and EBITDA rose by 33.5% to ₹172.3 cr. The company saw its margins improve to 46.6% from 44.5% last year.
Arvind SmartSpaces: Arvind SmartSpaces, a real estate company, had the biggest leap in net profit, which was up by 331% YoY at ₹50 crore for Q3 FY25 as against ₹12 crore last year. Revenue rose 149% YoY to ₹210 crore from ₹84 crore in the same quarter of the previous fiscal.
Afcons Infra: Afcons Infrastructure Ltd, Shapoorji Pallonji Group, wins ₹1,283 crore marine package contract. Afcons Infrastructure Ltd, Shapoorji Pallonji Group, recently won a major contract worth ₹1,283 crore from Hindustan Gateway Container Terminal Kandla Private Ltd for design and construction at Tuna Tekra, Gujarat. The estimated time for project completion is 29 months.
Brigade Enterprises: Brigade Enterprises reported YoY growth at 221.36% of net profit which stood at ₹236.2 crore for the Q3FY25, when compared to the same period previous year ₹73.5 cr. Revenue from operations increased at 24.7% from the same year ago ₹1,463.9 cr; EBITDA increased at a YoY rise of 57.8% to ₹413.7 crore.
GR Infraprojects: GR Infraprojects Ltd has emerged as the lowest (L-1) bidder for a ₹262.28 crore railway infrastructure project with Western Railway. The contract is for converting a 38.9 km track from Kosamba to Umarpada in Gujarat.
Raymond: The net profit of Raymond Ltd slumped 61% YoY to ₹72.3 crore for Q3 FY25 from ₹185.4 crore a year ago. The company saw revenue from operations increase by 40.6% YoY to ₹953.9 crore, mainly driven by the good performance of its real estate business.
Hitachi Energy: Hitachi Energy India Ltd reported a net profit of about five times as much for the Q3 FY25 at ₹137.4 crore. That was supported with a record high order backlog worth ₹18,994.4 crore. It has an EBITDA stand of ₹168.9 crores with operational margin at 10.1%.
Blue Star: Blue Star Ltd, the leading air conditioning and refrigeration company, reported a 31.8% YoY increase in net profit for Q3 FY25 at ₹132.5 crore. Revenue from operations grew by 25.3% YoY at ₹2,807.4 crore, as against ₹2,241 crore in the same period last year.
Conclusion
Several major Indian companies have reported mixed financial results for the Q3 FY25 quarter. Maruti Suzuki and Bajaj Finance have shown good growth, but Tata Motors and Raymond have faced erosion in profit margins. The construction and infrastructure space, represented by Afcons Infra and GR Infraprojects, remains on a high growth trajectory. Other companies like CAMS, Arvind SmartSpaces, and Blue Star have performed outstandingly in terms of both revenues and profitability, representing robust performance in a tough business environment.