Q3 Results Highlights: HPCL net profit rises 35% to Rs 4,072 crore

Hindustan Petroleum Corporation (HPCL) reported a standalone net profit of Rs 4,072 crore for Q3 FY26, marking a 35% YoY rise from Rs 3,023 crore net profit reported in Q3 FY25. The firm's income from sale of products, including excise duty, rose to Rs 1,23,953.30 crore.

Dr Reddy’s Labs reported a 11% YoY fall in EBITDA to Rs 2,049 crore, while EBITDA margin stood at 23.5 percent.

Dr Reddy’s Labs reported a net profit of Rs 1,209.8 crore for Q3 FY26, marking a 14% YoY fall from the Rs 1,413.3 crore net profit reported in Q3 FY25. The firm's revenues meanwhile rose 4% YoY to Rs 8,726.8 crore.

Bank of India (BOI) reported a standalone net profit of Rs 2,704.67 crore for Q3 FY26, marking a 7% YoY rise from Rs 2,516.69 crore in Q3 FY25.

Eternal CEO Deepinder Goyal said that he spent eighteen years, almost half of his life, building this company. "I will continue doing that," he said, after resigning as the CEO of the company.

"Albi, Akshant, and I will continue to work closely together, as we always have. Our partnership, shared context, and trust remain unchanged. All our business CEOs will continue operating with the autonomy they have always had. My involvement in long term strategy, culture, leadership development, and ethics and governance, continues. This is where I have increasingly focused lately anyway," he added.

"Of late, I have found myself drawn to a set of new ideas that involve significantly higher-risk exploration and experimentation. These are the kinds of ideas that are better pursued outside a public company like Eternal. If these ideas belonged inside Eternal’s strategic scope, I would have pursued them within the company. They do not. Eternal deserves to remain focused, and disciplined, while exploring new areas of growth that are relevant to its current line of business.

While I believe I personally have the bandwidth to continue what I am doing at Eternal, and also explore new ideas outside of it, the expectations, legal and otherwise, of a public company CEO in India demand singular focus. This transition allows Eternal to remain sharply focused, while giving me the space to explore ideas that do not fit Eternal’s risk profile," Eternal CEO Deepinder Goyal wrote to shareholders.

Eternal CEO Deepinder Goyal has submitted his resignation, effective from February 1. Albinder Singh Dhindsa, who is currently the CEO of Blinkit, will take over as the CEO of the company.

Eternal reported a consolidated net profit of Rs 102 crore in Q3 FY26, marking a 73% YoY rise from Rs 59 crore net profit reported in Q3 FY25. The firm's revenue from operations meanwhile rose to Rs 16,315 crore.

Dalmia Bharat reported a consolidated net profit of Rs 122 crore for Q3 FY26, marking a 100% YoY rise from Rs 61 crore in Q3 FY25. The firm’s revenue from operations meanwhile rose to Rs 3,506 crore.

Dhanlaxmi Bank reported a net profit of Rs 23.88 crore for Q3 FY26, marking a 20% YoY rise from the Rs 19.85 crore for Q3 FY25. The firm’s net interest income (NII) meanwhile grew 20% YoY to Rs 154.22 crore.

The shares of Tata Communications dropped more than 2% to trade at Rs 1,677.80 apiece. This comes after the company released its results for the third quarter of the financial year 2026.

Tata Communications reported a consolidated net profit of Rs 365.28 crore for Q3 FY26, marking a 55% YoY increase from Rs 235.96 crore net profit reported in Q3 FY25. The firm’s revenue from operations meanwhile rose around 7% YoY to Rs 6,188.97 crore.

Thangamayil Jewellery reported a net profit of Rs 104.78 crore for Q3 FY26, marking a 117% YoY increase from Rs 48.19 crore in Q3 FY25. The firm's revenue from operations meanwhile jumped 112% YoY to Rs 2,405.82 crore.

Piccadily Agro Industries shares jumped nearly 9% to trade at Rs 602.10 apiece. This comes after the company reported a 94% YoY increase in net profit to Rs 47.61 crore in Q3 FY26.

Supreme Industries shares dropped more than 2% to trade at Rs 3,304 apiece. This comes after the company reported a 18% YoY fall in Q3 net profit.

Supreme Industries reported a consolidated net profit of Rs 153.37 crore for Q3 FY26. This marks a 18% YoY fall from the Rs 186.97 crore net profit reported in Q3 FY25. The firm’s revenue from operations meanwhile rose more than 7% YoY to Rs 2,686.94 crore.

The shares of Zomato-parent Eternal jumped more than 4% to trade at Rs 281.30 apiece. The company is set to announce its results for the October-December quarter of FY26 today.

SRF shares tumbled more than 5 percent to trade at Rs 2,730.10 apiece. SRF reported a consolidated net profit of Rs 432.66 crore for Q3 FY26, marking a 60 percent YoY rise from Rs 271.08 crore reported in Q3 FY25.

The firm’s revenue from operations meanwhile gained 6 percent YoY to Rs 3,712.53 crore, missing estimates.

Brokerage UBS says SRF's medium‑term growth looks constrained due to elevated refrigerant prices, continued Chinese pricing pressure, ongoing weakness in agri‑chem, and management abandoning its 20 percent specialty‑chem growth target.

The shares of Persistent Systems dropped more than 4 percent to a near six-week low on January 21 after the company released its results for the October-December quarter of the financial year 2026. Brokerages however remained optimistic, with some increasing their target prices for the stock, while some cited valuation concerns.

The net profit reported in the third quarter of the ongoing financial year 2026 however includes 1.8 percent one-time impact due to the new labour codes.

The firm’s revenue from operations rose 23 percent YoY to Rs 3,778.2 crore during the quarter under review. “We are also applying Agentic AI within our own operations, as a ‘customer zero’ to improve productivity and speed adoption at scale, an approach further validated by our recognition as a Microsoft Frontier Firm. As we move ahead, our priority remains sustaining growth through consistent execution as demand continues to shift toward larger, more complex engagements,” said Persistent’s CEO Sandeep Kalra.

Along with the Q3 results, Persistent Systems announced an interim dividend of Rs 22 per share for the financial year 2026. The record date to determine the eligibility of the shareholders set to receive the payment has been set at January 27.

PNB Housing shares declined around 2% to trade at Rs 928.55 apiece. The company is set to announce its results for the October-December quarter of FY26 today.

UTI Asset Management Company shares declined around 4% to trade at Rs 1033.30 apiece. The company is set to announce its results for the October-December quarter of FY26 today.

Waaree Energies shares dropped 2.22% to trade at Rs 2441.95 apiece. The company is set to announce its results for the October-December quarter of FY26 today.

Around 59 companies are announcing their results for the October-December quarter of the ongoing financial year 2026 today. Some of the notable names among them include Anant Raj, Bajaj Consumer Care, Bank of India, Dalmia Bharat, Dhanlaxmi Bank, Dr Reddy’s Laboratories, Dr Reddys Laboratories, Zomato-parent Eternal, Hindustan Petroleum Corporation (HPCL), Jindal Stainless, KEI Industries, PNB Housing Finance, Supreme Industries, Tata Communications, UTI Asset Management Company and Waaree Energies.