Q3 Earnings Today Live Updates: While a number of companies have already released their Q3 numbers, others are still in the queue as the fiscal third quarter earnings season is now nearing its end. Till date, majors like Reliance Industries, Swiggy, ITC, Hindustan Aeronautics, Godrej Industries, Vodafone Idea, Bharti Airtel, SBI, Nestle India, Vedanta, M&M, Zomato, Hyundai Motor, Tata Motors, Maruti Suzuki India, L&T, Paytm, Adani Enterprises, BPCL, HPCL, and all of IT majors like TCS, HCL Tech, Infosys, Tech Mahindra, Wipro, and many others have released their quarter results.

After a disappointing Q2 where India Inc’s net profits barely grew, companies were expecting Q3 to turn in better numbers. The quarter comes against the backdrop of a slowing economy characterised by weak consumer demand and modest increases in investments. Per analysts, Q3 is expected to witness growth slowdown of 80-90 bps YoY to 4-6 per cent. 

Till now, the manufacturing sector has shown a mild recovery. RBI Governor Sanjay Malhotra had earlier said that Q3 results till date are indicating a mild recovery in the manufacturing sector. “Mining and electricity are rebounding from monsoon related disruptions in Q2. Business expectations remain upbeat, as evidenced from the PMI manufacturing future output index. Services sector activity continues to be resilient,” he had said after the three-day MPC meet. Also, Finance Minister Nirmala Sitharaman had, in her Budget speech on February 1, announced reform policies directed towards consumption boost, which may help recovery for India Inc, going forward. 

Today, companies including Godfrey Phillips India, United Breweries, Senco Gold, Reliance Infrastructure, Hindalco Industries, Healthcare Global Enterprises, TVS Electronics, Manappuram Finance, Lloyds Enterprises, Lux Industries, Ipca Laboratories, Nazara Technologies, SJVN, Triveni Enterprises, Titagarh Rail Systems, Supreme Engineering, Gujarat Pipavav Port, Allcargo Logistics, and others are releasing their Q3 results.

Q3 Results Today Live Updates: Check Q3 Earnings for Godfrey Phillips, United Breweries, Senco Gold, Hindalco