Profitability Highlights
Several Indian companies showcased strong financial performance in the third quarter. Piccadily Agro's profit doubled to Rs 48 crore, indicating substantial
growth. Bajaj Consumer Care saw its Q3 profit increase by 83%, a significant jump that highlights its market position. Jindal Stainless also reported robust results, with a 26% profit increase to Rs 828 crore. Dalmia Bharat experienced a surge, with profits soaring 94% to Rs 128 crore. HPCL’s profit jumped 35% driven by refining margin boosts. PNB Housing Finance witnessed an 8% increase in profits, reaching Rs 520 crore. Anant Raj also reported a profit jump, rising 31% to Rs 144 crore. However, some companies faced headwinds. DCM Shriram's profit declined by 19% due to one-time charges, Dr Reddy's saw a 14% profit dip to Rs 1,210 crore, and UTI AMC's profit decreased by 20% to Rs 121 crore.
Investment & Growth
The Indian economy witnessed several investment-related developments. Land deals surged in 2025, according to an Anarock report, showing increased real estate activity. Karnataka continued to attract data center investments, as highlighted at the WEF Davos. The partnership between TN Govt and SanchiConnect fueled deep-tech startups. Furthermore, Karnataka and SICC forged industrial ties at WEF Davos. Additionally, Indore SEZ exports increased by 8%, surpassing Rs 10,000 crore, indicating strong export performance. Tata Group also expressed interest in Telangana investments and the Musi project, showcasing confidence in the state's economic potential.
Policy & Regulatory
Policy and regulatory changes played a key role in the Indian business environment. The DGCA issued a record number of pilot licenses in 2024 and launched an electronic personnel license, signaling growth in the aviation sector. The RBI approved Payoneer for cross-border payments, facilitating international transactions. The government is also exploring critical minerals with 300 projects planned. The government's focus on energy sectors and sustainability was also highlighted. The DGCA also launched an electronic personnel license for pilots. Furthermore, the 6 GHz spectrum was freed for Wi-Fi, which could improve connectivity. The Union Budget 2026 and 2027 were also discussed, with the education and agriculture sectors looking for favorable policies.
Industry & Finance
The financial sector showed notable activity. BofA acquired a stake in RBL Bank, reflecting strategic moves in the banking industry. PNB Housing Finance's profit increased by 8% to Rs 520 crore, indicating solid performance. PNB Housing Finance's Q3 profit also saw an uptick, reaching Rs 520 crore. Additionally, Franklin Templeton India conducted an investor awareness drive, promoting financial literacy. Senco Gold & Diamonds received IAGES accreditation, ensuring quality standards. Senco Gold also plans to acquire a Melorra stake for Rs 68 crore. Furthermore, home loan subsidies are expected to boost affordable housing demand. Bank unions sought Mamata's support regarding a strike.
Other Developments
Several other developments shaped the business landscape. Gold and silver prices reached record highs amid global buying trends. Shadowfax Tech's IPO was subscribed 60% on day two, indicating investor interest. KPMG opened a tax office in Kolkata, expanding its presence. Pocket FM appointed Vasu Sharma as AI head, highlighting the adoption of new technologies. The WEF Davos event had several discussions about India, including economic growth, sustainability, and the role of Bengaluru. Furthermore, Zepto removed its 10-minute delivery branding after a government suggestion. The textile fair will have participation from more than 235 players, showing the industry's growth.
