Q3 Results

Maruti Suzuki net profit up 16% at Rs 3,727 cr

New Delhi: Maruti Suzuki India on Wednesday said its consolidated net profit increased by 16 per cent to Rs3,727 crore for the third quarter ended December 31, 2024. The auto major had reported a net profit of Rs3,207 crore in the October-December period of last fiscal. Total revenue from operations grew to Rs38,764 crore in the third quarter compared to Rs33,513 crore in the year-ago period, Maruti Suzuki India said in a regulatory filing. The company said its board has approved the scheme of amalgamation of Suzuki Motor Gujarat into the auto major.

Ambuja Cements net profit at Rs 2,620 cr

New Delhi: Adani Group firm Ambuja Cements Ltd on Wednesday reported a consolidated net profit of Rs2,620.09 crore for the third quarter ended December 2024. The company had reported a net profit of Rs1,090.73 crore a year ago, according to a regulatory filing by Ambuja Cements Ltd (ACL). Its consolidated revenue from operations was Rs8,415.31 crore during the December 2024 quarter. It was Rs8,052.42 crore in the year-ago period. The country’s second-largest cement manufacturer’s consolidated sales volume stood at 16.5 million tonnes during the quarter.

ACME Solar Holdings net profit to Rs 112 cr

New Delhi: Integrated renewable energy firm ACME Solar Holdings on Wednesday posted two-and-a-half-fold jump in consolidated net profit to Rs112 crore in the December quarter, compared to the year-ago period, mainly on the back of higher revenues. The company had a consolidated net profit of Rs44 crore in the quarter ended on December 31, 2023, a company statement said. Total revenue rose to Rs401 crore in the quarter under review, from Rs365 crore in the same period a year ago.

Adani Power profit rises 7% to Rs 2,940 cr

New Delhi: Adani Power on Wednesday posted a 7 per cent rise in its consolidated net profit to Rs2,940 crore for the December quarter due to higher revenues on the back of higher electricity sale volume.] “Consolidated total revenue for Q3 FY25 higher by 11 per cent to Rs14,833 crore vs Rs13,355 crore in Q3 FY24, primarily due to higher volume,” a company statement said. According to the statement, its consolidated profit after tax increased 7 per cent to Rs2,940 crore in the quarter compared to Rs2,738 crore a year ago. The company’s consolidated power sale volume in the quarter grew 8 per cent to 23.3 billion units (BU) from 21.5 BU in the year-ago.