Tata Technologies | Global engineering and product development digital services firm reported a 1% year-on-year (YoY) dip in net profit at ₹168.6 crore for the third quarter that ended December 31, 2024, against ₹170.2 crore in the year-ago period. The company’s revenue from operations increased 2.2% to ₹1317.4 crore compared to ₹1,289.5 crore in the corresponding period of the preceding fiscal.

KEI Industries | Cable maker reported a 9.4% year-on-year (YoY) increase in net profit at ₹164.8 crore for the third quarter that ended December 31, 2024. In the corresponding quarter of the previous fiscal, KEI Industries posted a net profit of ₹150.6 crore. The company’s revenue from operations rose 19.8% to ₹2,467.2 crore against ₹2,059.3 crore in the year-ago quarter.

Tanla Platforms | The company reported a 15.4% year-on-year (YoY) decline in net profit at ₹118.5 crore for the third quarter that ended December 31, 2024. In the corresponding quarter of the previous fiscal, Tanla Platforms posted a net profit of ₹140.1 crore. The company’s revenue from operations dipped 0.2% to ₹1,000.4 crore against ₹1,002.6 crore in the year-ago quarter.

Dalmia Bharat | Cement maker reported a 75.2% year-on-year (YoY) decline in net profit at ₹66 crore for the third quarter that ended on December 31, 2024. In the same quarter in FY24, Dalmia Bharat posted a net profit of ₹266 crore. The CNBC-TV18 poll had predicted a profit of ₹138 crore for the quarter under review. The company’s revenue from operations dipped 11.7% to ₹3,181 crore against ₹3,604 crore in the corresponding period of the preceding fiscal. The CNBC-TV18 poll had predicted revenue of ₹3,375 crore for the quarter under review.

Indiamart Intermesh | B2B e-commerce firm reported a 47.6% year-on-year (YoY) jump in net profit at ₹121 crore for the third quarter that ended December 31, 2024. In the corresponding quarter of the previous fiscal, Indiamart Intermesh posted a net profit of ₹82 crore, the company said in a regulatory filing. The company’s revenue from operations increased 16% to ₹354.3 crore as against ₹305.3 crore in the corresponding period of the preceding fiscal.

Jana Small Finance Bank | The bank reported a 17.8% year-on-year (YoY) decline in net profit at ₹110.6 crore for the third quarter that ended December 31, 2024. In the corresponding quarter of the previous fiscal, Jana Small Finance Bank posted a net profit of ₹134.6 crore. However, there was a rise in the net interest income (NII), which is the difference between the interest income a bank earns from its lending activities and the interest it pays to depositors.

India Cements | The Chennai-based cement manufacturer recorded a net loss of ₹428.8 crore for the third quarter of fiscal 2025 (FY25), a significant increase from a loss of ₹16.5 crore in the same period last year. Revenue for the quarter declined by 17% to ₹903.2 crore, compared to ₹1,082 crore in Q3 FY24. The cement maker also reported an exceptional loss of ₹190 crore in Q3, which contributed to the wider loss. The decline in revenue and the exceptional loss highlight ongoing challenges for the company amid a sluggish demand environment.

Cyient DLM | Electronic manufacturing services firm Cyient DLM Ltd on Tuesday (January 21) reported a 40.8% year-on-year (YoY) fall in net profit at ₹10.9 crore for the third quarter that ended December 31, 2024. In the corresponding quarter of the previous fiscal, Cyient DLM posted a net profit of ₹18.4 crore. The company’s revenue from operations surged 38.4% YoY to ₹444.2 crore over ₹321 crore in Q3 FY24.

Neuland Labs | Drug firm announced that its board of directors approved capital expenditures totalling ₹342 crore for capacity expansion at its facilities in Telangana. At unit 1 in Bonthapally, the company plans to increase its peptide synthesiser capacity from 0.5 KL to 6.37 KL. The expansion, requiring an investment of ₹254 crore, is expected to be completed by FY27. At unit 3 in Gaddapotharam, the company will increase its capacity from 321 KL to 373 KL, with an investment of ₹88 crore (inclusive of GST).

Rossari Biotech | Specialty chemicals manufacturer reported a 7.6% year-on-year (YoY) decline in net profit at ₹31.7 crore for the third quarter that ended December 31, 2024. The company posted a net profit of ₹34.3 crore in Q3 FY24. Rossari’s revenue from operations increased 10.6% to ₹512.7 crore against ₹463.7 crore in the corresponding period of the preceding fiscal. At the operating level, EBITDA was up 1.9% to ₹64.7 crore in the third quarter of this fiscal over ₹63.5 crore in the year-ago quarter.

JSW Group | The group has signed a Memorandum of Understanding (MoU) with the Government of Maharashtra to invest ₹3 lakh crore in the state in a move aimed at boosting industrial growth and sustainable development. The announcement was made at the World Economic Forum (WEF) in Davos on Tuesday, January 21, 2025. The ambitious investment will focus on diverse sectors, including steel, renewable energy, electric vehicles (EVs), battery manufacturing, and cement, further strengthening Maharashtra’s position as India’s leading industrial hub.

Aditya Birla Fashion | The company said it has successfully completed a ₹1,860 crore fundraising through a Qualified Institutional Placement (QIP) of equity shares. The QIP Committee of the Board of Directors approved the issuance and allotment of 68,583,059 equity shares with a face value of ₹10 each at an issue price of ₹271.3 per share, including a premium of ₹261.3 per share. The fundraising was targeted at Qualified Institutional Buyers (QIBs).

RailTel Corporation | Telecom infrastructure provider said it has received a work order worth ₹46.79 crore (inclusive of taxes) from the North Western Railway. The contract, awarded by the Deputy Chief Signal and Telecommunication Engineer (Construction), Ajmer Division, involves signalling work.