Over 50 companies posted their Q3 (October-December Quarter) results yesterday, including Asian Paints, TATA Consumer Products, CG Power and Industrial Solutions, Vodafone Idea, and Marico. The performance of each company has been compared to their consolidated results from the same quarter last year:

Asian Paints Ltd.ASIANPAINT₹2,504.70 -4.50%

  • Revenue: ₹9,028.02 crore, 🔼 3.86%, from ₹8,692.44 crore 
  • Profit: ₹1,073.92 crore, 🔻 4.83%, from ₹1,128.43 crore
  • Net sales increased by 3.9% to ₹ 8,849.7 crores from ₹ 8,521.5 crores. Profit before depreciation, interest, tax, other income, and exceptional items (PBDIT) increased by 8.8% to ₹ 1,781.0 crores
  • PBDIT Margin as % to net sales went up to 20.1%, from 19.2%

Tata Consumer Products Ltd.TATACONSUM₹1,123.70 -5.36%

  • Revenue: ₹5,145.01 crore, 🔼 14.46%, from ₹4,495.16  crore
  • Profit: ₹402.79 crore, 🔻 34.38%, from ₹299.75 crore
  • The company’s salt business recorded its 4th consecutive quarter of double-digit growth
  • EBITDA for the quarter stood at ₹728 crore, up 26%

CG Power and Industrial Solutions Ltd.CGPOWER₹573.15 +8.01%

  • Revenue: ₹3,251.76 crore, 🔼 27.56%, from ₹2,549.28 crore 
  • Profit: ₹283.91 crore, 🔼 19.37%, from ₹237.85 crore
  • The company has declared an Interim Dividend of ₹1.30 per equity share
  • Aggregate sales for the quarter were up at ₹3,175 crore at a growth of 26% YoY  
  • Profit before tax (before EI) was 25% higher at ₹420 crore (13.2% of sales) for the quarter, as against ₹335 crore

Vodafone Idea Ltd.IDEA₹9.97 +1.42%

  • Revenue: ₹11,516 crore, 🔼 1.31%, from ₹11,367 crore 
  • Loss: ₹5,286 crore, from ₹6,609 crore
  • EBITDA for the quarter was ₹4,816 crore. Depreciation & amortisation expenses and net finance costs were ₹5,550 crore and ₹5,632 crore, respectively

Marico Ltd.MARICO₹736.60 -1.23%

  • Revenue: ₹ 3,576 crore, 🔼 26.09%, from ₹2,836 crore 
  • Profit: ₹460 crore, 🔼 13.30%, from ₹406 crore
  • The company’s India Business Revenues were up 28% YoY, 95%+ of the business gained/sustained market share, and ~80% of the business gained/sustained penetration, both on a moving annual total (MAT) basis
  • International Business Revenues surged 24% YoY (in INR terms)

Note: The stock price mentioned is as of 12:40 PM.