Dabur Q3 Results Highlights: Net profit rises 7% to Rs 560 crore, revenue up 6%

Voltas reported a consolidated net profit of Rs 84.95 crore for Q3 FY26, marking a 36% YoY fall from the Rs 132 crore net profit reported in Q3 FY25. The firm’s revenue from operations meanwhile fell 1% YoY to Rs 3,070.77 crore during the quarter under review.

Tata Motors, which now represent the company’s commercial vehicle business, on January 29 reported a consolidated net profit of Rs 705 crore for the third quarter of the financial year 2026. This marks a 48 percent year-on-year (YoY) fall from the Rs 1,355 crore net profit reported in the same period last year.

The CV-maker’s revenue from operations meanwhile rose more than 16 percent YoY to Rs 21,847 crore during the quarter under review. Operating margin improved to 12.60 percent in Q3 FY26 from 12.07 percent in Q3 FY25, while profit margin reduced to 3.23 percent.

Dabur's net profit rose 7% YoY to Rs 560 crore in Q3 FY26, while revenue from operations rose 6%

REC reported a consolidated net profit of Rs 4,052.44 crore for Q3 FY26, marking a 0.6 percent YoY fall from the Rs 4,076.35 crore net profit reported in Q3 FY25. The firm’s revenue from operations rose more than 5% YoY to Rs 15,017.70 crore during the quarter under review.

Dixon Tech reported a consolidated net profit of Rs 287 crore for Q3 FY26, marking a 68% YoY rise from the Rs 171.19 crore net profit reported in Q3 FY25. The firm’s revenue from operations meanwhile rose 2% YoY to Rs 10,671.59 crore during the quarter under review.

Manappuram Finance reported a standalone net profit of Rs 381.15 crore for Q3 FY26, marking a 16% YoY fall from the Rs 453.39 crore net profit reported in the same period of the previous financial year. The firm’s revenue from operations meanwhile grew around 6.5% YoY to Rs 1,915.35 crore.

Vedanta reported a consolidated net profit of Rs 5,710 crore for Q3 FY26, marking a 61% YoY jump from the Rs 3,547 crore net profit reported in Q3 FY25. The firm’s revenue from operations meanwhile rose 37% YoY to Rs 23,369 crore during the quarter under review.

"All the structural elements of revenue and cost progression continue to be on the defined path that we had laid out. Hence, we remain confident of achieving our guidance of Contribution breakeven in Q1FY27. Adjusted EBITDA losses will also see a sequential reduction from hereon, led by CM improvement and continued operating leverage," said Swiggy's management.

"The Quick-commerce business, like all other channels of Retail, has marked seasonality; and hence needs to be viewed on a YoY basis. As competition is high (and some of it is irrational), our growth at the bottom of the AOV-pyramid has been slower (as explained in the previous question). Despite this, Instamart continued to grow GOV at over a 100% YoY for the 4th consecutive quarter. Importantly, NOV growth at ~76% YoY was the highest in 7 quarters," said Swiggy's management.

"Some of our recent efforts to test the saliency and velocity of user behaviours through the no-fee campaigns have had limited success due to continued irrationality in competitive activity across pricing and monetization levers. We have chosen to not participate in fuelling such behaviour, thereby choosing to forego such inducement-led volume gains. This may therefore have a near-term impact on underlying volume growth. However, we will continue to experiment with such marketing campaigns that lead to sustainable user-behaviours, while remaining on the path of fiscal prudence. It is therefore hard to predict the near-term growth trajectory, due to external factors at play. We remain confident of the underlying salience of our quick-commerce proposition and the size of the quick-commerce market, demonstrated by our retained user cohorts witnessing continuous sequential GOV improvements over time as mentioned earlier," it added.

Instamart GOV grew by 103% YoY, clocking Rs 7,938 crore. 34 dark stores were added selectively to take the overall network to 1,136 dark stores, covering 4.8 mn sq ft across 131 cities. Average order value increased by 39.7% YoY to reach Rs 746, led by continued traction across Maxxsaver, the company's basket-building proposition and expansion of non-grocery selection, Swiggy said.

Contribution margin improved to -2.5% (+9 bps QoQ), on the back of expanded basket-sizes, optimization of customer incentives and operating leverage. Overall, Quick Commerce posted a Rs 908 crore loss for the quarter, and Adjusted EBITDA margin further improved to -11.4% from -12.1% in Q2.

Swiggy’s Food Delivery business Gross Order Value (GOV) growth accelerated to 20.5% YoY, to Rs 8,959 crore. Food delivery MTUs grew 22% YoY to reach 18.1mn. Adjusted EBITDA Margin improved to 3.0% of GOV (+56bps YoY, 22bps QoQ), highest in last two years.

Swiggy reported a consolidated net loss of Rs 1,065 crore for Q3 FY26, marking a sharp rise from the Rs 799 crore net profit reported in Q3 FY25. This however includes a one-time exceptional item of Rs 10 crore arising due to the implementation of the new labour codes last year.

The firm's revenue from operations meanwhile rose 54% YoY to Rs 6,148 crore.

Blue Star reported a consolidated net profit of Rs 80.66 crore for Q3 FY26, marking a 39% YoY fall from the Rs 132.57 crore net profit reported in Q3 FY25. The firm’s revenue from operations meanwhile grew more than 4% YoY to Rs 2,925.31 crore during the quarter under review.

Deepak Fertilizers reported a consolidated net profit of Rs 141.49 crore for Q3 FY26, marking a 44% YoY fall from the Rs 250.71 crore net profit reported in Q3 FY25. The firm’s revenue from operations meanwhile grew 10% YoY to Rs 2,830.07 crore during the quarter under review.

Go Fashion (India) reported a net profit of Rs 7.16 crore for Q3 FY26, marking a 70.5% YoY fall from the Rs 24.32 crore net profit reported in Q3 FY25. The firm’s revenue from operations meanwhile fell 9% YoY to Rs 194.89 crore during the quarter under review.

The revenue grew 26.6 percent at Rs 8,779.5 crore from Rs 6,935 crore YoY. The EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) grew 10.8 percent at Rs 799.8 crore from Rs 722 crore YoY.

The net profit declined 1.17 percent to Rs 506 crore over Rs 512 crore YoY.

The revenue declined 19.7 percent at Rs 247 crore in the December quarter from Rs 308 crore YoY.

Company reported a consolidated net loss at Rs 3.26 crore in the quarter to December. The company had reported a loss of Rs 6.2 crore in the year-ago period.

Adani Power reported a consolidated net profit of Rs 2,480 crore for Q3 FY26, marking a 19% YoY fall from the Rs 3057.21 crore net profit reported in Q3 FY25. The firm's revenue from operations meanwhile fell 9% YoY to Rs 12,451.44 crore.

Indian Energy Exchange (IEX) reported a consolidated net profit of Rs 119.10 crore for Q3 FY26, marking a 11% YoY rise from Rs 107.29 crore net profit reported in Q3 FY25. The firm's revenue from operations rose to Rs 145.66 crore during the quarter under review.

Canara Bank shares dropped 4% to trade at Rs 152 apiece after the lender released its results for Q3 FY26.

Canara Bank reported a standalone net profit of Rs 5,155 crore for Q3 FY26, marking a 26% YoY jump from the Rs 4,104 crore net profit reported in Q3 FY25. The lender’s net interest income (NII) meanwhile rose over 1% YoY to Rs 9,252.32 crore.

KPIT Technologies reported a consolidated net profit of Rs 133.3 crore for Q3 FY26, marking a 29% YoY fall from the Rs 186.97 crore net profit reported in Q3 FY25. The firm’s revenue from operations meanwhile grew 9% YoY to Rs 1,617.46 crore during the quarter under review.

Along with the Q3 results, the company announced an interim dividend of Rs 2.25 per share for FY26. The record date to determine the eligibility of the shareholders set to receive the payment has been set at February 4.

SBI Cards and Payment Services shares dropped 3 percent to trade at a near one-year-low of Rs 758 apiece, nearing its 52-week low of Rs 721 apiece. The stock has now snapped a two-session gaining streak. The company reported a net profit of Rs 556.64 crore for the third quarter of FY26. This marked a 45 percent year-on-year (YoY) rise from the Rs 383.23 crore net profit reported in the same period of the previous financial year.

SBI Life Insurance Company also fell more than 3 percent to trade at a one-month low of Rs 1,984.20 apiece, snapping a two-session gaining streak. SBI Life Insurance Company reported a net profit of Rs 576.74 crore for Q3 FY26, marking a 5 percent YoY increase from the Rs 550.82 crore net profit reported in Q3 FY25. This however included a one-time exceptional item arising due to the new labour codes. (Read more)

The shares of Vedanta gained 2.5% to trade at Rs 755.50 apiece. The company is set to announce its results for the October-December quarter of the ongoing financial year 2026 (Q3 FY26) later today.

The shares of Tata Motors, which now represent the automaker's commercial vehicle business, dropped 1.28% to trade at Rs 462.10 apiece. The company is set to announce its results for the October-December quarter of the ongoing financial year 2026 (Q3 FY26) later today.

The shares of One 97 Communications (Paytm) dropped 1.21% to trade at Rs 1,163.10 apiece. The company is set to announce its results for the October-December quarter of the ongoing financial year 2026 (Q3 FY26) later today.

Around 141 companies are announcing their earnings for the October-December quarter of the ongoing financial year 2026 today. Some of the notable names among them include Allied Blenders and Distillers, ACME Solar Holdings, Adani Power, Aegis Vopak Terminals, Ajmera Realty & Infra India, Apar Industries, Blue Star, Canara Bank, Colgate Palmolive (India), Container Corporation of India (CONCOR), Coromandel International, Cupid, Dabur India, Deepak Fertilisers & Petrochemicals Corporation, Dixon Technologies, Equitas Small Finance Bank, Gillette India, Go Fashion (India), Housing & Urban Development Corporation (HUDCO), KPIT Technologies, Lyka Labs, Manappuram Finance, Manba Finance, Niva Bupa Health Insurance Company, NTPC Green Energy, Orient Cement, Paytm, Prestige Estates Projects, Quick Heal Technologies, Skipper, Swiggy, Tata Motors, Vedanta and Voltas.