Indian equity markets are set to react to a busy slate of Q3 earnings announcements on January 29. Several companies across IT services, FMCG, infrastructure, insurance, and pharmaceuticals have reported mixed year-on-year (YoY) performance, with gains in profitability for some and margin pressure or losses for others.

Stocks to Watch Today – January 29 

  • eClerx Services: Net profit up 39.4% YoY; EBITDA up 33.3% at ₹276.1 Cr vs ₹207 Cr.

  • LT Foods: Net profit up 10% YoY; EBITDA up 25.8% at ₹314.32 Cr vs ₹249.81 Cr.

  • NSDL: Net profit up 4.4% YoY; margin improved to 29.9% from 25%.

  • Lodha Developers: Net profit up 1.3% YoY; EBITDA up 8.4% at ₹1,415 Cr vs ₹1,305 Cr.

  • Sagility India: Net profit up 23% YoY; EBITDA up 30.4% at ₹511 Cr vs ₹392 Cr.

  • GPT Infraprojects: EBITDA up 12% YoY; margin at 13.4% vs 12.3%.

  • Sundram Fasteners: EBITDA up 5.9% at ₹240.5 Cr vs ₹227.2 Cr; margin flat YoY.

  • Quess Corp: Net profit up 32.2% YoY; EBITDA up 27.6% at ₹79.6 Cr vs ₹62.4 Cr.

  • Maharashtra Seamless: EBITDA down 46% YoY; margin at 14% vs 19.9%.

  • Heritage Foods: Net profit down 20% YoY; EBITDA down 15% at ₹63 Cr vs ₹74 Cr.

  • Symphony: Net profit down 40% YoY; margin at 13.3% vs 22.3%.

  • Balkrishna Industries: Net profit down 15% YoY; margin largely flat.

  • Star Health and Allied Insurance: Net profit down 41% YoY; underwriting loss at ₹124.9 Cr vs loss of ₹48.9 Cr.

  • Cochin Shipyard: Net profit down 18.3% YoY; margin at 13.8% vs 20.7%.

  • Piramal Pharma: Net loss at ₹136.2 Cr vs profit of ₹3.7 Cr; EBITDA down 42% YoY.

Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.

TOPICS: Cochin Shipyard Lodha Developers LT foods Star Health Symphony