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Q3 Results Live Updates: Adani Wilmar profit doubles YoY; Bajaj Housing shares slide ahead of results

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As many as 12 important companies, including Coal India, Tata Steel, Bajaj Housing Finance, Indian Oil Corporation, Federal Bank, Adani Total Gas, Adani Wilmar, Canara Bank, Emami, ACC, Railtel Corporation of India,
The article from CNBC-TV18 discusses the Q3 earnings announcements for several major Indian companies. Tata Steel reported a significant drop in its consolidated net profit by 91.8% to Rs 524.9 crore, attributed to lower realisations and higher expenses, although revenue increased by 6.4% to Rs 57,083.57 crore. Coal India's profit after tax rose by 17% to Rs 7,719 crore, with a 3% increase in revenue to Rs 36,154 crore, driven by higher e-auction premiums. Bajaj Housing Finance saw its profit after tax surge by 44% to Rs 417 crore, with a 31% growth in assets under management to Rs 73,100 crore. Adani Total Gas reported a 17.6% increase in net profit to Rs 150 crore, with revenue up by 18.6% to Rs 1,185 crore. RailTel Corporation of India's profit after tax jumped by 92% to Rs 62 crore, with revenue increasing by 40% to Rs 602 crore. These updates reflect a mixed bag of financial performances across different sectors, highlighting both challenges and growth in the Indian corporate landscape.

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