Urban Company Q3 Results Highlights: Revenue rises 33%, firm sees adjusted EBITDA losses to persist in near term

Piramal Finance reported a consolidated net profit of Rs 400.17 crore for Q3 FY26, marking a sharp rise from Rs 38.56 crore reported in Q3 FY25. The firm’s revenue from operations meanwhile rose more than 3% YoY to Rs 2,917.68 crore.

IndusInd Bank’s net profit declined 88.5% YoY to Rs 161.16 crore in Q3 FY26, from Rs 1,401.28 crore in Q3 FY25. The firm’s net interest income fell 13% YoY to Rs 4,561.65 crore.

Urban Company reported a consolidated revenue from operations at Rs 382.68 crore for Q3 FY26, marking a 33% YoY rise from Rs 287.92 crore in Q3 FY25. The firm posted a loss of Rs 21.26 crore during the quarter, as against a net profit of Rs 231.84 crore in the same period last year.

"The consolidated business had achieved Adjusted EBITDA breakeven during FY25. With stepped up investments in building InstaHelp, we expect the consolidated business to remain loss making for the next few quarters. The InstaHelp opportunity is significant and immediate, and we are committed to maintaining clear market leadership," the company said.

Godrej Consumer Products reported a consolidated net profit of Rs 498 crore, marking a marginal decline from the same period last year. The firm's revenue from operations meanwhile rose 9% YoY to Rs 4,099.12 crore.

JSW Steel reported a consolidated net profit of Rs 2,139 crore for Q3 FY26, marking a 198% YoY rise from Rs 717 crore net profit reported in Q3 FY25. The firm's revenue from operations rose 11% YoY to Rs 45,991 crore.

Laurus Labs reported a consolidated net profit of Rs 251.66 crore for Q3 FY26, marking a 173% YoY surge from Rs 92.30 crore net profit reported in Q3 FY25. The firm’s revenue from operations meanwhile rose around 26% YoY to Rs 1,778.29 crore.

Paras Defence reported a consolidated net profit of Rs 18.21 crore for Q3 FY26, marking a 21% YoY rise from the Rs 15.04 crore net profit reported in Q3 FY25. The firm’s revenue from operations meanwhile gained around 24 percent to Rs 106.35 crore.

Adani Green Energy reported a consolidated net profit of Rs 5 crore for Q3 FY26, marking a sharp decline from Rs 474 crore in Q3 FY25.

Shriram Finance reported a consolidated net profit of Rs 2,529.65 crore for Q3 FY26, marking a 22% YoY fall. Revenue from operations meanwhile rose around 14% YoY to Rs 12,170.76 crore. The shares of the company sharply dropped 3%.

Cipla reported a consolidated net profit of Rs 675.80 crore for Q3 FY26, marking a 57% YoY fall from Rs 1,570.51 crore net profit reported in Q3 FY25. The firm's revenue from operations remained almost unchanged at Rs 7,074.48 crore.

Private lender IndusInd Bank on January 23 said that its part-time Chairman and director Sunil Mehta will step down effective, January 30, post the completion of his tenure.

Subsequently, Arijit Basu will take over as an Additional Director and part-time Chairman of the Bank for a period of three years, effective from January 31 this year, till January 30, 2029.

Notably, IndusInd Bank is set to announce its results for the October-December quarter of the ongoing financial year 2026 later today. The stock is currently trading with marginal gains at Rs 906.70 apiece.

The shares of Bandhan Bank jumped around 6 percent on January 23 after the lender released its results for the October-December quarter of the ongoing financial year 2026. Brokerages remain bullish on the stock, citing several reasons.

Bandhan Bank shares rose to a one-month high of Rs 151.25 apiece in the morning trading hours of Friday. The company had released its Q3 FY26 results in the post-market hours of Thursday.

The shares of Adani Green Energy dropped 2.5% to trade at Rs 882 apiece. The company is set to release its results for the October-December quarter of the ongoing financial year 2026 today.

Around 55 companies are announcing their results for the October-December quarter of the ongoing financial year 2026 today. Adani Green Energy, Bharat Petroleum Corporation (BPCL), Cipla, DCB Bank, Godrej Consumer Products, Granules India, India Cements, IndusInd Bank, JSW Energy, JSW Steel, Laurus Labs, Multi Commodity Exchange of India (MCX), Nuvama Wealth Management, Paras Defence, Shriram Finance and Sona BLW Precision Forgings are some of the notable names among them.

The shares of InterGlobe Aviation (IndiGo) dropped more than 3% to trade at Rs 4,761 apiece. This comes after the company disclosed a sharp year-on-year fall in reported net profit for the December quarter, weighed down by sizeable one-time exceptional items linked to the implementation of new labour codes and operational disruption during early December. The company had said these exceptional charges materially impacted headline profitability, even as revenue growth and operational metrics remained steady.