With several major companies already announcing their Q3 results, the fiscal third-quarter earnings season is in full swing and nearing its conclusion. Industry leaders such as Reliance Industries, Swiggy, ITC, Bharti Airtel, SBI, Tata Motors, L&T, Paytm, and top IT firms like TCS, Infosys, and Wipro have revealed their performance so far.
According to a CRISIL report, overall revenue growth for Q3 is expected to slow down by 80-90 basis points to around 4-6%, primarily due to weaker performance in construction and industrial commodities. However, RBI Governor Sanjay Malhotra highlighted signs of recovery in manufacturing, with mining and electricity sectors bouncing back from monsoon-related setbacks in Q2.
Today, major players like LIC, Mahindra & Mahindra, Delhivery, Fortis Healthcare, NHPC, Oil India, and others are set to release their Q3 earnings. With the recent Union Budget 2025 introducing policies aimed at boosting consumption, the coming quarters could bring further recovery for India Inc.