Q3 results today: Hyundai India among 72 companies to report earnings on Monday

Q3 results today: Hyundai India among 72 companies to report earnings on Monday

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The December quarter earnings season continues on Monday with as many as 72 companies set to announce their Q3 results. Key results to watch out for include Hyundai Motor India, PB Fintech, Bajaj Housing Finance and Ather Energy.

Apart from these, companies such as Indus Towers, Sundaram Finance, UPL, Thermax, Chalet Hotels, Tata Chemicals, PG Electroplast, RailTel will also report their quarterly numbers.

What to expect from Hyundai Q3 results

Analysts expect revenues to increase by 8% on a year-on-year (YoY) basis led by 5% YoY increase in volumes and 2-3% YoY increase in ASPs, led by a richer product mix (higher mix of SUV and diesel powertrain) and richer geographical mix.Kotak Equities expects EBITDA margin to increase by 150 bps YoY basis to 12.8% in 3QFY26, mainly due to a richer product mix and cost-control measures, partly offset by higher cost pertaining to the new plant. On a QoQ basis, it sees EBITDA margin to decline by 110 bps due to new plant-related costs, higher commodity costs and an inferior product mix, partly offset by higher government incentives and lower discounts.

Bajaj Housing Finance Q3 expectations

Bajaj Housing reported 5.2% QoQ AUM growth in 3QFY26 (23% YoY). NIM compression will likely be moderate at 8 bps QoQ to 3.4% due to sharp decline in yields, partially offset by decline in cost of borrowings, analysts said.
“Operating expenses will increase to 26% YoY, tempered by new labor code. This will translate to cost-to-AAUM ratio to 0.71% in 3QFY26E (0.69-0.75% in last four quarters). We pen down credit cost of 15 bps (11-16 bps in the previous four quarters),” Kotak said.(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)

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