NIFTY 50 Close 29 Oct

Q3 FY26 earnings results

Oct–Dec 2025 quarter · revenue and profit against the same quarter last year (YoY) and the quarter before (QoQ). INR crore, consolidated where filed.

377 companies have reported Oct–Dec 2025 and 936 more have a results date ahead. 63% grew profit from a year ago; the typical company's sales grew +12.3% and profit +10.1%. Strongest sector: Oil Gas & Consumable Fuels (+57.7%); weakest: Construction Materials (-8.4%).

Declared
377/ 1313
29% of scheduled reporters
Profit breadth
63%/37%
grew / declined · 335 comparable
Median sales growth
+12.3%
year on year, all reporters
Median profit growth
+10.1%
year on year, all reporters
Operating margin
185/184
expanded / shrank vs a year ago
Strongest / weakest

Oil Gas & Consumable Fuels +57.7%

Construction Materials -8.4%

median profit growth, 5+ reporters
1–20 of 20
CompanyRevenue (₹ Cr)Net profit (₹ Cr)Per shareQuarter
SymbolSectorReportedYoYQoQReportedYoYQoQEPS (₹)Verdict8Q profit
TMCVTata Motors LimitedCapital Goods21,847+16.1%+17.6%705-48.0%n/a1.91MixedQ2 FY25 498 · Q3 FY25 1,355 · Q4 FY25 1,340 · Q1 FY26 1,397 · Q2 FY26 -867 · Q3 FY26 705
BHELBharat Heavy Electricals LimitedCapital Goods8,473+16.4%+12.8%390+188.9%+4.0%1.12GrowingQ1 FY25 -211 · Q2 FY25 106 · Q3 FY25 135 · Q4 FY25 504 · Q1 FY26 -456 · Q2 FY26 375 · Q3 FY26 390
POLYCABPolycab India LimitedCapital Goods7,636+46.1%+17.9%630+35.8%-9.1%41.30GrowingQ1 FY25 402 · Q2 FY25 445 · Q3 FY25 464 · Q4 FY25 734 · Q1 FY26 600 · Q2 FY26 693 · Q3 FY26 630
APLAPOLLOAPL Apollo Tubes LimitedCapital Goods5,982+10.1%+8.2%310+42.9%+2.6%11.17GrowingQ1 FY25 193 · Q2 FY25 54 · Q3 FY25 217 · Q4 FY25 293 · Q1 FY26 237 · Q2 FY26 302 · Q3 FY26 310
JINDALSAWJindal Saw LimitedCapital Goods4,943-6.2%+16.7%248-48.2%+78.4%4.03ShrinkingQ1 FY25 416 · Q2 FY25 475 · Q3 FY25 479 · Q4 FY25 87 · Q1 FY26 415 · Q2 FY26 139 · Q3 FY26 248
MAZDOCKMazagon Dock Shipbuilders LimitedCapital Goods3,601+14.5%+22.9%880+9.0%+17.5%21.81GrowingQ1 FY25 696 · Q2 FY25 585 · Q3 FY25 807 · Q4 FY25 325 · Q1 FY26 452 · Q2 FY26 749 · Q3 FY26 880
CGPOWERCG Power and Industrial Solutions LimitedCapital Goods3,175+26.2%+8.6%284+19.3%0.0%1.81GrowingQ1 FY25 241 · Q2 FY25 220 · Q3 FY25 238 · Q4 FY25 274 · Q1 FY26 267 · Q2 FY26 284 · Q3 FY26 284
JAYNECOINDJayaswal Neco Industries LimitedCapital Goods1,727+4.2%-3.0%74-3.9%-29.5%0.76MixedQ1 FY25 -32 · Q2 FY25 -34 · Q3 FY25 77 · Q4 FY25 102 · Q1 FY26 93 · Q2 FY26 105 · Q3 FY26 74
HONAUTHoneywell Automation India LimitedCapital Goods1,169+7.1%+1.7%121-8.3%+0.8%137.08MixedQ1 FY25 136 · Q2 FY25 115 · Q3 FY25 132 · Q4 FY25 140 · Q1 FY26 125 · Q2 FY26 120 · Q3 FY26 121
EMMVEEEmmvee Photovoltaic Power LimitedCapital Goods1,152+118.2%+1.9%264+166.7%+10.9%3.81GrowingQ2 FY25 35 · Q3 FY25 99 · Q4 FY25 207 · Q1 FY26 188 · Q2 FY26 238 · Q3 FY26 264
KIRLOSBROSKirloskar Brothers LimitedCapital Goods1,116-2.4%+8.6%125+5.9%+73.6%15.65MixedQ1 FY25 66 · Q2 FY25 97 · Q3 FY25 118 · Q4 FY25 138 · Q1 FY26 68 · Q2 FY26 72 · Q3 FY26 125
GALLANTTGallantt Ispat LimitedCapital Goods1,074-3.9%+6.0%100-12.3%+12.4%4.16ShrinkingQ1 FY25 122 · Q2 FY25 49 · Q3 FY25 114 · Q4 FY25 116 · Q1 FY26 174 · Q2 FY26 89 · Q3 FY26 100
WAAREERTLWaaree Renewable Technologies LimitedCapital Goods851+136.4%+9.8%120+126.4%+3.4%11.52GrowingQ1 FY25 28 · Q2 FY25 54 · Q3 FY25 53 · Q4 FY25 94 · Q1 FY26 86 · Q2 FY26 116 · Q3 FY26 120
TARILTransformers And Rectifiers (India) LimitedCapital Goods737+31.8%+60.2%76+38.2%+105.4%2.46GrowingQ1 FY25 21 · Q2 FY25 46 · Q3 FY25 55 · Q4 FY25 94 · Q1 FY26 67 · Q2 FY26 37 · Q3 FY26 76
ELECONElecon Engineering Company LimitedCapital Goods552+4.3%-4.5%72-33.3%-18.2%3.21MixedQ1 FY25 73 · Q2 FY25 88 · Q3 FY25 108 · Q4 FY25 146 · Q1 FY26 175 · Q2 FY26 88 · Q3 FY26 72
SHAKTIPUMPShakti Pumps (India) LimitedCapital Goods551-15.1%-17.3%32-69.2%-64.8%2.57ShrinkingQ1 FY25 93 · Q2 FY25 101 · Q3 FY25 104 · Q4 FY25 110 · Q1 FY26 97 · Q2 FY26 91 · Q3 FY26 32
SMLMAHSML Mahindra LimitedCapital Goods539+62.3%-2.9%18+1700.0%-14.3%12.12GrowingQ1 FY25 46 · Q2 FY25 22 · Q3 FY25 1 · Q4 FY25 53 · Q1 FY26 67 · Q2 FY26 21 · Q3 FY26 18
GRWRHITECHGarware Hi-Tech Films LimitedCapital Goods459-1.5%-19.5%56-8.2%-38.5%24.01ShrinkingQ1 FY25 88 · Q2 FY25 104 · Q3 FY25 61 · Q4 FY25 78 · Q1 FY26 83 · Q2 FY26 91 · Q3 FY26 56
KIRLPNUKirloskar Pneumatic Company LimitedCapital Goods404+18.8%+6.9%43+19.4%0.0%3.32GrowingQ1 FY25 27 · Q2 FY25 68 · Q3 FY25 36 · Q4 FY25 81 · Q1 FY26 28 · Q2 FY26 43 · Q3 FY26 43
APOLLOApollo Micro Systems LimitedCapital Goods252+70.3%+12.0%23+27.8%-23.3%0.72GrowingQ1 FY25 8 · Q2 FY25 16 · Q3 FY25 18 · Q4 FY25 14 · Q1 FY26 18 · Q2 FY26 30 · Q3 FY26 23

Verdict: Growing sales and profit both up on a year ago · Shrinking both down · Mixed one up, one down · Back to profit a profit after a loss a year ago · Loss a loss this quarter. "n/a" means a year-ago or previous figure isn't available, or it was a loss, so a percentage would mislead.