Image Source: The Economic Times

India’s corporate earnings season hit top gear today, shaking up stock prices across sectors, as Adani Power reported an 18.9% decline in Q3 net profit, while Gillette India’s shares jumped over 5% post-earnings, setting the tone for one of the busiest results days of the quarter.

More than 50 companies, including 16 F&O stocks and several Nifty 50 constituents, are announcing their December-quarter numbers today, coinciding with the presentation of the Economic Survey in Parliament—a combination that has kept Dalal Street on high alert.

Q3 Results Today: Key Earnings in Focus

The following heavyweight companies are among the major companies reporting their Q3 performance today, such as 

  • ITC
  • Tata Motors
  • Vedanta
  • Dabur India
  • Colgate-Palmolive
  • Adani Power
  • Canara Bank 
  • Dixon Technologies
  • Paytm
  • Swiggy
  • NTPC Green Energy
  • REC
  • HUDCO
  • Blue Star
  • KPIT Technologies
  • GE Shipping 
  • Indian Energy Exchange (IEX) 

These earnings are expected to provide critical insights into urban and rural consumption trends, credit growth momentum, power demand outlook, export-linked manufacturing, and technology spending patterns, all of which are key drivers of market sentiment heading into the final quarter of the financial year.

Adani Power & Gillette India Steal Early Spotlight

Adani Power’s weaker-than-expected performance weighed on power sector stocks, reflecting margin pressures, fuel cost dynamics, and moderation in peak power tariffs. Analysts note that while power demand remains structurally strong, near-term profitability for thermal power producers continues to be hampered by headwinds.

In contrast, Gillette India delivered resilient earnings, supported by strong brand positioning, pricing power, and steady urban demand, which triggered a sharp rally in its shares. The reaction underscores investors’ renewed preference for FMCG companies with predictable cash flows and margin stability amid broader market uncertainty.

Stocks React to Post-Market Q3 Results

Markets are also digesting earnings announced after trading hours on Wednesday by companies such as: 

  • Larsen & Toubro (L&T)
  • Birlasoft
  • Maharashtra Seamless
  • Thyrocare Technologies
  • Heritage Foods
  • Garden Reach Shipbuilders (GRSE)
  • Somany Chemicals
  • Gland Pharma
  • Phoenix Mills
  • Balkrishna Industries
  • GE Vernova
  • SBI Card
  • Star Health
  • Lodha Developers
  • Cochin Shipyard

These results have already triggered mixed reactions in early trade, with capital goods, defence, and infrastructure stocks remaining in focus, while select pharma, financials, and real estate names are seeing cautious positioning from investors.

Why Today Matters for the Indian Market

With earnings momentum building and macro cues expected from the Economic Survey, today’s session is likely to shape short-term market direction, particularly for F&O stocks and index heavyweights. Analysts believe sector-wise commentary from managements could drive sharp stock-specific moves despite broader market volatility.

Stay tuned as Business Outreach brings you live updates, market reactions, and earnings insights from India Inc.’s most crucial results day of the quarter.