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Tata Steel posted a net profit of ₹295.5 crore in Q3, beating streat estimates. Revenue fell 3% YoY to ₹53,648.3 crore, while EBITDA stood at ₹5,900.6 crore.

The company’s net profit was up 2.3% sequentially from ₹847.6 crore in the August-September quarter. Shares of Petronet LNG Ltd ended at ₹310.95, down by ₹11.60, or 3.60%, on the BSE.

Indraprastha Gas reported a net profit of ₹285.8 crore in Q3, exceeding estimates but down 33.7% QoQ. Revenue rose 1.7%, while margins declined.

Revenue from operations increased 29.8% to ₹661.1 crore against ₹509.2 crore in the corresponding period of the preceding fiscal. Shares of Kaynes Technology India Ltd ended at ₹5,268.95, down by ₹347.05, or 6.18%, on the BSE.

EBITDA increased 31.5% to ₹66 crore in the December quarter over ₹50 crore in Q3 FY24. Shares of Prudent Corporate Advisory Services Ltd ended at ₹2,352.20, down by ₹297.60, or 11.23%, on the BSE.

Harish Krishnan from ABSL MF felt that while a boost to the demand side is important, it is likely to come from measures outside the scope of the budget.

EBITDA declined 24.4% to ₹279.6 crore in the third quarter of this fiscal over ₹369.9 crore in the same quarter last year. Shares of Maharashtra Seamless Ltd ended at ₹614.10, down by ₹35.30, or 5.44%, on the BSE.

Shares of Emami ended at ₹535 on Monday, ahead of the results announcement, down 3% from the company’s last closing level.

According to Macrotech Developers, the separation agreement between the brothers explicitly barred Abhinandan from leveraging the ‘Lodha’ name in any capacity. The company argues that such unauthorised use could create confusion in the market and harm its reputation.

The company’s net profit came in at ₹276.5 crore for the three months ended December 2024, rising 43.9% year-on-year. Last year, the asset manager reported a profit of ₹192.1 crore.