Q3FY25 Results: Key Announcements and Market Overview for January 14, 2025

Q3FY25 Results Today: Shoppers Stop, SRM Energy, and Shree Pushkar Chemicals & Fertilisers will release their earnings for the quarter ending December 31, 2024, on January 14, 2025.

1/14/20251 min read

As the earnings season progresses, 11 companies are set to release their Q3FY25 results today, providing investors with insights into their performance for the quarter ended December 31, 2024. Among the notable firms are HDFC Asset Management Company, Network18 Media and Investments, Shoppers Stop, and SRM Energy.

Earnings Highlights: HCLTech Q3FY25 Results

India’s third-largest IT services company, HCLTech, reported:

Net Profit: ₹4,591 crore, a 5.5% YoY increase and an 8.4% QoQ rise.
Revenue: ₹29,890 crore, driven by IT and business services, which grew 5.8% YoY.
HCLSoftware witnessed a 2.1% decline, while ER&D services grew 1.1% YoY.
Operating Margins: 19.5%, impacted by wage hikes (-80 basis points).

The company has revised its FY25 revenue growth outlook to 4.5-5%, citing strong demand in IT and business services.

Market Performance Recap

On Monday, January 13, the Indian equity markets closed in the red:

BSE Sensex: Fell 1,031.65 points (1.35%), closing at 76,347.26.
NSE Nifty50: Declined 345.55 points (1.47%), ending at 23,085.95.

Despite a weak start to the week, Nifty was above the 23,150 level in pre-open trading on Tuesday, signaling cautious optimism.

Companies Releasing Q3FY25 Results on January 14

Atishay Limited
Benaras Hotels Limited
Golkunda Diamonds & Jewellery Limited
Hathway Cable & Datacom Limited
HDFC Asset Management Company Limited
Network18 Media & Investments Limited
Shoppers Stop Limited
Shree Pushkar Chemicals and Fertilisers Limited
Sita Enterprises Limited
SRM Energy Limited
Swasti Vinayaka Art And Heritage Corporation Limited

Market Outlook

While the broader markets remain volatile, upcoming results and the evolving global and domestic economic scenarios will play a pivotal role in shaping market sentiment. Investors are advised to monitor the results closely and make informed decisions.

Disclaimer