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Grasim Q3 Results: Grasim on Monday reported a 41% year-on-year (YoY) decline in its consolidated net profit at Rs 899 crore in the third quarter. Revenue from operations during the same period rose 9% YoY to Rs 34,793 crore.
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Apollo Hospitals Q3 Results: The company's board has declared an interim dividend of Rs 9 per share, with February 15 as the record date. The payout will be made by February 28. In Q3, EBITDA grew 24% YoY to Rs 762 crore. Healthcare revenues rose 13% YoY to Rs 2,785 crore, driving a 21% YoY profit increase to Rs 348 crore, while EBITDA for the segment surged 14% YoY to Rs 671 crore.
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Novelis Q3 Results: Novelis Inc, Hindalcos subsidiary, reported a 9% YoY drop in Q3 net income to $110 million, with adjusted EBITDA down 19%. Rising scrap aluminum costs pressured margins despite higher revenue from aluminum price gains.
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