Q3 Earnings: RIL, HDFC Bank, ICICI Bank, Wipro, CG Power & More in Focus

• Reliance Industries (RIL) reported a Q3 net profit of ₹18,645 crore, driven by Digital Services and Oil-to-Chemicals (O2C) segments.
• HDFC Bank's Q3 net profit reached ₹18,653 crore, exceeding expectations, with stable asset quality and eased provisions.
• ICICI Bank saw a 4% dip in Q3 net profit to ₹11,318 crore due to increased provisions from RBI-directed classification adjustments.
• Wipro's Q3 IT revenue rose 3.3% QoQ to ₹23,378 crore, forecasting 0-2% constant-currency revenue growth for Q4.
• CG Power secured its largest single order ever, nearly ₹900 crore, from Tallgrass Integrated Logistics Solutions LLC USA for a data center project, marking its global data center segment entry.

Why It Matters: Major companies like RIL, HDFC Bank, and Wipro reported strong Q3 results, while ICICI Bank faced provision challenges.