Q3 Results: Supreme Petrochem Profit Plummets 80%, USL Exceeds Revenue Forecasts

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CNBC TV18•20-01-2026, 21:13
Q3 Results: Supreme Petrochem Profit Plummets 80%, USL Exceeds Revenue Forecasts
- •Supreme Petrochem reported an 80% drop in profit during the Q3 earnings season.
- •United Spirits (USL) successfully surpassed its revenue estimates for the third quarter.
- •Over 40 companies, including Persistent Systems, AU Small Finance Bank, and ITC Hotels, announced their Q3 earnings.
- •LTIMindtree projects near-double-digit year-on-year growth for Q4 and plans wage hikes across Q4 and Q1 FY27.
- •Tata Capital anticipates 22-25% AUM growth (excluding motor finance) for FY26, with credit costs between 1-1.1%.
Why It Matters: Mixed Q3 results with Supreme Petrochem's profit decline and USL's strong revenue performance.
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