The financial landscape of India witnessed significant movements in Q3 FY 2025, with major corporations announcing strategic collaborations, financial growth, and technological advancements. Various industries, including IT, pharmaceuticals, finance, real estate, construction, and consumer goods, displayed notable revenue growth and expansion. This report highlights key announcements, financial results, and strategic developments made by leading companies in Q3 FY 2025.
IT and Software Sector: Expansion and Technological Advancements
Wipro Limited Secures Multi-Million-Dollar Deal with Etihad Airways
Wipro Limited announced a strategic collaboration with Etihad Airways for IT transformation and cost optimization. The deal aims to enhance the airline’s digital capabilities, optimizing operational efficiency and reducing costs. This partnership is expected to strengthen Wipro’s position in the global aviation IT sector.
Infosys Finacle Introduces Asset Liability Management Solution
Infosys Finacle, a subsidiary of Infosys, launched the Finacle Asset Liability Management Solution. The solution focuses on liquidity and interest rate risk management, providing financial institutions with real-time analytics to optimize balance sheet strategies.
AXISCADES Technologies Limited Appoints Nick Santhanam as Advisor
AXISCADES Technologies Limited appointed Nick Santhanam as an advisor for its Electronics, Semiconductors, and AI (ESAI) domain. His experience is expected to drive innovation and strategic expansion in the semiconductor and AI sectors.
FLS Mining Partners with LTIMindtree for Strategic Transformation
FLS Mining signed a deal with LTIMindtree for strategic application maintenance services. This collaboration aims to enhance digital transformation capabilities in the mining industry.
CNI Research Limited Secures Overseas Contract
CNI Research Limited secured an international contract for technology platform development and DevOps services. This deal marks a significant step in expanding its global footprint in financial technology solutions.
Engineering and Construction: Growth in Infrastructure and Industrial Projects
Praj Industries Reports Growth in Q3 FY 2025
Praj Industries recorded total income of ₹866.79 crores, marking a 3.47% YoY increase, with a profit rise of 41.62% to ₹41.10 crores. The company’s consistent financial growth reflects strong demand for industrial equipment and sustainable engineering solutions.
G R Infraprojects Limited Secures EPC Tender for Gauge Conversion
G R Infraprojects secured a project for gauge conversion of 38.9 km of track. The project, involving engineering, procurement, and construction (EPC), will improve railway infrastructure in India.
L&T’s Minerals & Metals Vertical Wins GCC Order
Larsen & Toubro’s (L&T) Minerals & Metals vertical secured a major contract for setting up freight handling facilities in the Gulf Cooperation Council (GCC) region. This order reinforces L&T’s presence in the global infrastructure market.
Afcons Infrastructure Receives Work Order for Marine Package
Afcons Infrastructure received a work order from Hindustan Gateway Container Terminal Kandla Private Limited for designing and constructing the marine package of a container terminal at Tuna Tekra, India. The project will bolster India’s port infrastructure and international trade capabilities.
Ajmera Realty & Infra Acquires Land in Mumbai
Ajmera Realty & Infra India Limited purchased prime land at Rajawadi Road, Ghatkopar East, Mumbai, indicating expansion in real estate development.
Puravankara Limited Launches ‘Purva Atmosphere’ in Pune
Puravankara Limited announced the launch of ‘Purva Atmosphere,’ a new real estate project in Keshav Nagar, Pune, targeting premium residential buyers.
Pharmaceuticals and Healthcare: Strong Revenue and Drug Approvals
Ajanta Pharma Limited Reports Revenue Growth
Ajanta Pharma recorded ₹1,176.5 crores in total income, a 5.16% YoY increase, while net profit rose by 10.87% to ₹232.88 crores. The company’s consistent growth reflects its expanding presence in domestic and international markets.
Strides Pharma Science Reports Strong Q3 FY 2025
Strides Pharma Science Limited achieved ₹1,159.2 crores in revenue, reflecting a 14.26% YoY growth, while net profit surged 66.55% to ₹90 crores.
NATCO Pharma Gains ANDA Approval for Everolimus Tablets
NATCO Pharma secured the USFDA’s approval for its Abbreviated New Drug Application (ANDA) for Everolimus tablets, a generic version of Afinitor Disperz, strengthening its foothold in the US pharmaceutical market.
Bajaj Healthcare Receives DCGI Approval for Pimavanserin
Bajaj Healthcare obtained approval from the Drug Controller General of India (DCGI) to manufacture the API and drug formulation of Pimavanserin, a crucial medication for treating Parkinson’s disease psychosis.
Sagility LLC Acquires Broadpath Healthcare Solutions
Sagility LLC, a subsidiary of Sagility India Limited, signed a definitive agreement to acquire Broadpath Healthcare Solutions, expanding its healthcare service offerings.
Dr. Lal PathLabs Reports Q3 FY 2025 Performance
Dr. Lal PathLabs reported a revenue increase of 11.6% YoY to ₹621.8 crores, with a net profit rise of 19.34% to ₹98.1 crores, reflecting strong demand for diagnostic services.
Hester Biosciences Reports Strong Profit Growth
Hester Biosciences Limited recorded a 4.5% increase in revenue to ₹71 crores, while its net profit surged by 183% to ₹11.4 crores, driven by demand for animal healthcare products.
Finance and Investments: Stability and Growth Amid Economic Changes
Bajaj Finserv Reports ₹32,041.81 Crores Revenue
Bajaj Finserv achieved ₹32,041.81 crores in total income, marking a 10.34% YoY growth, while its profit rose by 9% to ₹4,411.89 crores, maintaining its leadership in the financial sector.
Adani Ports Reports Revenue and Profit Growth
Adani Ports and Special Economic Zone Limited posted a total income of ₹8,186.90 crores, up by 10.23% YoY, with net profit rising 14% to ₹2,518.39 crores.
Manufacturing and Consumer Goods: Expansion and Performance Boost
Waaree Energies Reports 114% Revenue Growth
Waaree Energies Limited achieved ₹3,545.2 crores in revenue, marking a 114% YoY increase, while net profit surged by 260% to ₹506.8 crores, driven by strong demand for solar energy solutions.
Dabur India Limited Reports Q3 FY 2025 Results
Dabur India Limited recorded total income of ₹3,483.28 crores, up by 2.98% YoY, with net profit growing by 1.85% to ₹515.82 crores, reflecting stable demand for personal care products.
Dodla Dairy Reports Strong Performance
Dodla Dairy Limited posted ₹912.22 crores in revenue, up by 21.21% YoY, with net profit growing 53.79% to ₹63.56 crores, highlighting a steady rise in the dairy industry.
Industrial and Defence Sectors: Strengthening Strategic Capabilities
Bharat Electronics Limited Reports 37.58% Revenue Growth
Bharat Electronics Limited (BEL) posted ₹5,957.07 crores in total income, marking a 37.58% YoY increase, with net profit growing by 52.46% to ₹1,311.6 crores.
Garden Reach Shipbuilders Signs MoU with Apollo Micro Systems
Garden Reach Shipbuilders & Engineers Limited (GRSE) signed a non-binding Memorandum of Understanding (MoU) with Apollo Micro Systems for next-gen defense innovation.
Other Key Developments in Q3 FY 2025
- Navin Fluorine International Limited reported ₹616.68 crores in revenue, up by 20.43% YoY, with net profit rising by 7.15% to ₹83.60 crores.
- Clean Science and Technology Limited posted ₹246 crores in revenue, a 21.48% YoY increase, with a profit rise of 4.81% to ₹65.64 crores.
- Voltamp Transformers Limited reported ₹490.37 crores in revenue, up by 13.17% YoY, but net profit declined by 22.41% to ₹73.4 crores.
- JK Cement Limited executed a long-term supply agreement with GMDC for 250 million tonnes of limestone.
Conclusion
The Q3 FY 2025 financial performance of Indian companies reflects strong economic momentum, technological advancements, and strategic partnerships across various sectors. IT and pharmaceuticals exhibited innovation and expansion, while finance and industrial sectors experienced steady growth. Infrastructure and real estate development continued to thrive, supported by government and private investments. These corporate movements signal sustained economic resilience and future growth potential.