Q3 FY26 earnings calls.

Havells India reported a healthy Q3 FY26 with revenue growing 14% YoY and EBITDA up 21% YoY, driven by strong volume growth in cables and wires (over 20% volume growth) and winter product demand. However, consumption tre

Havells India reported a 14% revenue growth and 21% EBITDA growth in Q3 FY26, driven by strong volume expansion in cables and wires, partly aided by commodity price inflation. Consumer demand remained modest, though fest

HCLTech delivered a standout Q3 FY26 with revenue of INR 33,872 crore, up 13.3% YoY, crossing a $15 billion annualized revenue milestone. Services revenue grew 5% YoY in constant currency, led by Engineering & R&D Servic

HDB Financial Services reported a strong Q3 FY26 with PAT of ₹686 crore (ex-labor code impact), up 18% YoY, driven by record disbursements of ₹17,917 crore (+15% QoQ) and NIM expansion to 8.09%. Asset quality stabilized,

HDFC AMC reported a strong Q3 FY26 with operating revenue of ₹1,233 crore (+15% YoY) and PAT of ₹770 crore (+20% YoY). Operating margin improved to 36% (up 100 bps QoQ) due to lower other expenses. Key drivers: industry

HDFC Bank's Q3 FY26 results were in line with expectations, with management highlighting balanced credit growth and stable asset quality. Credit growth was aided by the easing rate cycle and CRR release, while deposit gr

HDFC Life reported a solid Q3 FY26 with individual APE growing 11% YoY and retail protection surging 70% YoY, driven by the GST exemption catalyst. PAT grew 7% to INR 1,414 crore, though impacted by a one-time INR 98 cro

HDFC Life reported a solid Q3 FY26 with individual AP growth of 11% YoY, driven by a 42% surge in retail protection post-GST exemption. PAT grew 7% to ₹1,414 crore, though impacted by a one-time labor code charge of ₹98

HCG delivered a steady Q3 FY26 with revenue of ₹633 crore (+13.4% YoY) and adjusted EBITDA of ₹111 crore (+20% YoY), with margins expanding 100 bps to 17.5%. Growth was driven by 8% patient volume growth and improving ca

HEG delivered a strong Q3 FY26 with revenue of ₹656 crore, up 38% YoY, driven by record capacity utilization of 89% over the last three quarters and market share gains globally. The company's cost advantage from its sing

Heritage Foods reported a resilient Q3 FY26 with consolidated revenue of ₹1,119 crore, up 8% YoY, driven by steady demand and value-added product (VAP) growth. However, EBITDA margin compressed to 5.6% (down ~180bps YoY)

Hero MotoCorp reported a strong Q3 FY26 with record revenue of INR 12,328 crore (+21% YoY) and EBITDA of INR 1,810 crore (+23% YoY). Normalized PAT grew 20% to INR 1,489 crore. Growth was broad-based, driven by GST rate

Hero MotoCorp reported a strong Q3 FY26 with record revenue of ₹12,328 crore (+21% YoY) and EBITDA of ₹1,810 crore (+23% YoY). Normalized PAT grew 20% to ₹1,489 crore, excluding a one-time labor code provision of ₹119 cr

Hester Biosciences reported a strong Q3 FY26 with standalone revenue growing 12% YoY and PAT surging 140% YoY, driven by favorable product mix and cost discipline. The poultry healthcare division led growth with 32% YoY

Hexaware reported Q4 CY25 revenue of $389M, down 1.5% QoQ, impacted by furloughs, lower license revenue, and a GSC client cut. Full-year revenue grew 7.6% YoY (7.1% CC). Reported EBIT margin was 17%, but normalized margi

HFCL reported a strong Q3 FY26 with consolidated revenue of INR 1,211 crore (+19.6% YoY), EBITDA of INR 244 crore (+41.7% YoY), and PAT of INR 102 crore (+41% YoY). EBITDA margin expanded to 20.1%, driven by a favorable

HG Infra reported Q3 FY26 standalone revenue of ₹1,450 crore with EBITDA margin of 15.5%, while PAT declined to ₹97 crore (6.7% margin) due to higher tax provisions. The order book stands at ₹13,624 crore, with roads con

Hi-Tech Pipes reported a strong Q3 FY26 with revenue surging 40% YoY to ₹1,070 crore and sales volume hitting a record 1.36 lakh tons (+10% YoY). However, EBITDA margin contracted 130 bps to 3.93% due to a sharp correcti

Highway Infrastructure reported a transformative Q3 FY26, with consolidated total income of 128.4 crore and PAT of 6.3 crore, up 34.3% YoY. The standout was a record order book of 1,160 crore, over 4x higher than March 2

Hikal's Q3 FY26 consolidated revenue of ₹494 crore and EBITDA of ₹83 crore (margin 16.8%) mark a turning point after regulatory headwinds. Pharma revenue of ₹337 crore with 12.3% EBITDA margin shows recovery from US FDA-

Himadri delivered a strong Q3 FY26 with consolidated PAT of ₹192 crore, up 36% YoY, driven by value-added product mix and operational efficiencies. EBITDA grew 12% YoY to ₹253 crore, while 9M PAT of ₹548 crore already su

Himatsingka Seide reported Q3 FY26 consolidated revenue of ₹637.26 crore, down ~11.7% YoY from ₹722 crore, impacted by US tariff overhang. EBITDA and PAT were not disclosed. Management highlighted that capacity utilizati

Hind Rectifiers delivered a strong Q3 FY26 with consolidated revenue surging 64.2% YoY to INR 277.4 Cr, driven by sustained execution in railway equipment and power systems. EBITDA grew 44.9% YoY to INR 25.5 Cr, but marg

Hindalco's Q3 FY26 consolidated EBITDA rose 6% YoY to INR 8,762 crore, driven by strong India upstream performance (EBITDA up 14% YoY to INR 4,832 crore, $1,572/ton). PAT fell 45% to INR 2,049 crore due to Novelis Oswego

Hinduja Global Solutions reported a muted Q3 FY26 with operating revenue of ₹1,175.4 crore (+1.1% YoY) and EBITDA margin of 11.2%, down 780 bps YoY due to account-specific volume ramp-downs and one-time labor code costs.

HUL delivered a steady Q3 FY26 with 6% revenue growth and 4% underlying volume growth, the highest in 12 quarters. Growth was broad-based across all segments, with home care gaining its highest-ever market share and beau

Hindustan Foods delivered its highest-ever quarterly EBITDA of 93 crores in Q3 FY26, up 18% YoY, with PAT rising 26% to 36 crores despite a one-time labor code provision. The strong performance was driven by record produ

HMVL reported a stable Q3 FY26 with consolidated revenue flat YoY at ₹532 crore and EBITDA margin expanding 900 bps to 10%, driven by print advertising growth of 8% YoY and disciplined cost management. Print segment EBIT

Hindustan Oil Exploration reported consolidated Q3 FY26 EBITDA of ₹30.99 crore (up from ₹25.15 crore QoQ) and PAT of ₹8.28 crore (up from ₹2.83 crore QoQ), driven by steady gas production from Dirok and improved output f

Hindustan Zinc delivered a record quarter with revenue of ₹10,980 crore (up 27% YoY), EBITDA of ₹6,870 crore (up 34% YoY), and PAT of ₹3,916 crore (up 46% YoY). The record performance was driven by highest-ever Q3 mined

Hindustan Zinc delivered a record quarter with revenue of ₹10,980 crore (up 27% YoY), EBITDA of ₹6,087 crore (up 34% YoY), and PAT of ₹3,916 crore (up 46% YoY). The record performance was driven by highest-ever Q3 mined

Hindware Home Innovation reported a solid Q3 FY26 with consolidated revenue of ₹640 crore (+8% YoY) and EBITDA of ₹52 crore (+38% YoY), driven by strong performance in bathware (14% revenue growth) and consumer appliance

Hitachi Energy India delivered a strong Q3 FY26 with revenue of ₹2,168 crore (+29.6% YoY) and PAT of ₹261 crore (12.1% margin). Order inflows were ₹2,477 crore (up 73% YoY excluding HVDC), and order backlog hit an all-ti

HMA Agro delivered a strong Q3 FY26 with standalone revenue of ₹1,992.8 crore (+46% YoY) and PAT of ₹71.9 crore (+61.3% YoY), driven by robust export demand, improved realizations, and better capacity utilization. EBITDA

Honasa delivered its highest-ever quarterly revenue of ₹662 crore, growing 21.7% YoY, driven by 30% UBG growth and strong performance across all channels. EBITDA margin improved to 10.9%, with PAT nearly doubling. The co

HUDCO reported strong operational momentum in Q3 FY26, with loan book growth of ~25% YoY, reaching ₹1.55 lakh crore, ahead of its FY26 target of ₹1.5 lakh crore. Disbursement guidance for FY26 stands at ₹50,000 crore. Ne

HPCL reported a strong Q3 FY26 with standalone PAT of ₹4,072 crore, up 32.6% YoY, driven by operational efficiencies (Samriddhi 1.0 benefits of ₹1,267 crore), lower leverage (net debt-to-equity at 0.86x vs guidance of 1.

HPL Electric delivered a strong Q3 FY26 with revenue of ~₹475 crore (+21% YoY) and EBITDA of ~₹72 crore (+29% YoY), driven by robust execution in smart metering and continued momentum in the consumer & industrial (C&I) s

HT Media's Q3 FY26 consolidated revenue was flat YoY at ₹532 crore, with EBITDA of ₹51 crore (margin 10%, up 900bps YoY) and PAT before exceptional items at ₹17 crore. Print advertising grew 8% YoY to ₹301 crore, driven

Huhtamaki India reported Q3 FY26 net sales of ₹600 crore, flat YoY, while PAT surged 159% YoY to ₹30.3 crore driven by operational efficiency and portfolio optimization. Volumes remained steady but slightly down YoY. Man

Hyundai Motor India reported a solid Q3 FY26 with revenue of ₹17,974 crore (+8% YoY) and EBITDA margin of 11.2% (down 10bps YoY). PAT came in at ₹1,234 crore (+5.8% YoY). Growth was driven by strong domestic retail momen

ICICI Lombard reported a strong Q3 FY26 with GDPI growth of 13.3% YoY, outperforming the industry's 11.5%, driven by robust retail health (up 85.8%) and motor (up 9.3%) segments. The retail health market share rose to 4.

ICICI Prudential AMC reported a strong Q3 FY26 with operating revenues of ₹1,515 crore (+23.5% YoY) and PAT of ₹917 crore (+45.1% YoY), driven by robust AUM growth across segments. Quarterly average AUM reached ₹10.8 tri

ICICI Prudential Life reported a strong Q3 FY26 with retail AP growth of 9.9% YoY and retail protection surging 40.8% YoY, driven by GST reforms and stable equity markets. VNB for the quarter stood at ₹6.15 billion, with

ICICI Bank reported a mixed Q3 FY26 with PAT declining 4% YoY to INR 113.18 billion, impacted by a one-time standard asset provision of INR 12.83 billion directed by RBI for agricultural PSL classification issues. Exclud

IdeaForge reported a muted Q3 FY26 in terms of revenue, but the quarter was transformative for order inflows. Year-to-date order bookings reached ₹440 crore, the highest in the company's history, with Q3 alone adding ₹21

IDFC First Bank reported a strong Q3 FY26 with PAT of ₹533 crore (up 48% YoY) driven by margin expansion and lower credit costs. Net interest margin improved 17 bps QoQ to 5.76% on the back of a 12 bps reduction in cost

IFB Industries reported Q3 FY26 revenue of ₹1,382 crore, up 12% YoY, but PAT fell 28.8% to ₹24.51 crore due to an exceptional item of ₹13.38 crore for labor code compliance. Appliance margins were squeezed by forex depre