Q3 Results

REC Q3 net grows 23% to Rs 4,076 cr

New Delhi: State-owned REC Ltd on Thursday posted a 23 per cent rise in consolidated net profit to Rs4,076.35 crore in the December quarter, aided by higher income. It had posted a net profit of Rs3,308.42 crore in the October-December period of 2023-24 financial year, the company said in an exchange filing. The company’s total income rose to Rs14,286.91 crore in the reporting quarter from Rs12,071.54 crore in the year-ago period. Total expenses stood at Rs9,105.94 crore in the latest December quarter as against Rs7,899.85 crore a year earlier. The board of the company also approved a third interim dividend of Rs4.30 per share for the financial year 2024-25 and set February 14 as the record date for shareholders to become eligible for the payment.

Airtel Q3 net soars 5-fold to Rs 16,134 cr

New Delhi: Bharti Airtel on Thursday reported more than five-fold jump in consolidated net profit to Rs16,134.6 crore for the October-December quarter of 2024-25 compared to Rs2,876.4 crore in the year-ago period. India’s second-largest telecom company posted revenue from operations of Rs45,129.3 crore for the third quarter of 2024-25, about 19 per cent higher than Rs37,899.5 crore in the year-ago period, according to a company filing to exchanges.

Trent Q3 profit rises 40% to Rs 497 cr

New Delhi: Tata group retail firm Trent Ltd on Thursday reported a 34 per cent increase in consolidated net profit to Rs496.54 crore in the December quarter, helped by the expansion of the store network and increase in attractive value propositions. The company posted a consolidated net profit of Rs370.64 crore in the October-December quarter a year ago, according to a regulatory filing from Trent Ltd, which operates retail stores under the brand names Westside, Zudio and Star. Its consolidated revenue from operations grew 34.32 per cent to Rs4,656.56 crore during the quarter under review. It stood at Rs3,466.62 crore in the year-ago period, it added. The company’s total expenses increased 32 per cent to Rs4,096.08 crore in the December quarter. The total consolidated income, which includes other income, climbed 33 per cent to Rs4,715.64 crore during the period under review.

Redington clocks Rs 403-cr Q3 net

Chennai: Redington Ltd, a holistic technology solutions provider, has reported a consolidated profit after tax for the quarter ending December 31, 2024, at Rs402.96 crore following a strong execution across business segments, the company said on Thursday. The city-headquartered company had registered a consolidated profit after tax of Rs347.88 crore during the corresponding quarter of last financial year. For the nine month period ending December 31, 2024 the consolidated profit stood at Rs902.88 crore, as against Rs914.72 crore registered in the corresponding period of last financial year. In a company statement on Thursday, Redington Ltd said, “the strong execution across business segments and geographies drove this performance.