Q3 Results:-
DLF, Bank of India and JSW steel declared their financial results on January 24 late night and we will see impact of these q3 results on Monday 27 January.
DLF Q3 Results:–
A leading company in realty sector DLF has declared its q3 results. Company has performed well in q3 of financial year 2024-25. DLF reported 61% growth in profits in December quarter as compared to last December quarter of FY24. Company’s net profit stood at 1,059 crore versus 657 crore posted in last year q3.
Revenue:- The revenue from operations in q3 of FY25 stood at Rs. 1,521 crore, company has added a marginal 8 crore more in its revenue as compare to last we of financial year 2023-24. On sequential basis company’s revenue declined by 20% on qoq basis from 1,915 crore to 1,521 crore.
Profits:- Profits of the company in q3 of FY 25 stood at 1,059 crore versus 657 crore in third quarter of Financial year 2023-24. Company’s PAT also declined by 23% from 1,381 crore to 1,059 crore in this third quarter from second quarter of 2024-25 .
Expenses:- Expenses of company also trimmed in q3 from 1604 crore to 1261.36 crore on sequential basis.
Bank Of India Q3 Results:-
Profit:-
Company’s profits increased by 35% on year-on-year basis, while 6% jump on q on q basis. Profits Numbers came at 2517 crore from 1817 crore on year on year basis. The operating profits of the company has also grown by 23% year-on-year basis.
Net Interest Income(NII):- Net Interest Income of this PSU bank grew by 11% head-on-year to 6070 crore from 5463 in the same quarter of FY24. On sequential basis company has delivered slightly jump in NIIs from 5986.
Expenses:- Operating expenses of BOI for q3 of financial year 2025 stood at 4114 crore from 3653 crore in the same quarter of financial year 2024, on sequential basis down from 4355 crore.
The slippages ratio of company stood at low 0.19%, down from 0.26% in the q3 of FY 2024, highlighting the improvements in asset quality of the company.