Q3 results today: Hyundai India is among 72 companies reporting earnings on Monday

Q3 results today: Hyundai India is among 72 companies reporting earnings on Monday

Earnings season for the December quarter continues on Monday, with as many as 72 companies set to announce their third-quarter results. Key results to watch out for include Hyundai Motor India, PB Fintech, Bajaj Housing Finance and Ather Energy.In addition, companies like Indus Towers, Sundaram Finance, UPL, Thermax, Chalet Hotels, Tata Chemicals, PG Electroplast and RailTel will also report their quarterly results.

What to expect from the Hyundai Q3 results

Analysts expect revenue to grow 8% year-over-year (YoY), led by 5% YoY volume growth and 2-3% YoY increase in ASPs, led by a richer product mix (a higher mix of SUVs and diesels) and a richer geographic mix. Kotak Equities expects EBITDA margin to increase 150 basis points YoY to 12.8% in 3QFY26, mainly due to a richer product mix and cost control measures, partially offset by higher costs related to the new factory. On a quarterly basis, the company expects EBITDA margin to decline by 110 basis points due to new plant costs, higher raw material costs and an inferior product mix, partially offset by higher government incentives and lower rebates.

Bajaj Housing Finance Q3 Forecasts

Bajaj Housing reported 5.2% quarter-on-quarter growth under management in Q3-26 (23% year-on-year). NIM compression is likely to be muted by 8 basis points quarter-on-quarter to 3.4% due to the sharp decline in interest rates, partially offset by the fall in borrowing costs, analysts said.

“Operating costs will increase to 26% YoY, tempered by the new labor laws. This will translate into a cost-to-AAUM ratio of 0.71% in Q3 26E (0.69-0.75% in the last four quarters). We anticipate a credit cost of 15 basis points (11-16 basis points in the previous four quarters),” Kotak said.Disclaimer: Recommendations, suggestions, views and opinions expressed by the experts are their own. These do not represent the views of the Economic Times)

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