Q3 Results: Results of 3 companies came before the market closed, all three saw an increase in profits.

News Topical, Digital Desk : Q3 Results: Companies reported divergent results in the third quarter (Q3) of the financial year. While Finolex Cables Ltd and Balrampur Chini Mills Ltd reported year-on-year increases in profits and earnings, NLC India Ltd faced pressure on EBITDA and margins. Let's take a look at the results of these three companies.

Finolex Cables
reported a consolidated profit of ₹164 crore in Q3, up from ₹147 crore. Consolidated earnings also saw a strong jump, rising from ₹1,182 crore to ₹1,599 crore. EBITDA increased from ₹138 crore to ₹158 crore. However, higher costs and product mix led to a decline in EBITDA margin from 11.7% to 9.9%.

Balrampur Chini
Sugar company Balrampur Chini performed strongly in the quarter. Consolidated profit increased from ₹70 crore to ₹113 crore, while consolidated earnings increased from ₹1,192 crore to ₹1,454 crore. EBITDA increased from ₹124 crore to ₹202 crore on a yearly basis and EBITDA margin improved from 10.4% to 13.9%, indicating operational strength.

NLC India
Power and mining sector company NLC India reported relatively weak results. Consolidated profit declined marginally from ₹668 crore to ₹666 crore in Q3. However, consolidated earnings increased from ₹4,411 crore to ₹4,443 crore. EBITDA declined to ₹1,480 crore from ₹1,823 crore, resulting in a drop in EBITDA margin from 41.3% to 31.3%.

Overall, Finolex Cables and Balrampur Chini delivered strong results in Q3 driven by growth and operational performance, while NLC India's results were clearly impacted by cost and margin pressures. Investors will continue to monitor demand, cost control, and margin trends going forward.

Read More: Dilip Buildcon Q3 Results: This company saw a decline in profits and earnings but earned a one-time gain of ₹577 crore