Stocks to Watch Jan 29: L&T, SBI Card, M&M Fin, RVNL, and more Q3 results

• L&T reported mixed Q3 results with net profit down 4.3% YoY to ₹3,215 crore, but EBITDA grew 18.6% to ₹7,416 crore.
• SBI Cards saw strong Q3 performance with consolidated net profit up 45.3% YoY to ₹556.6 crore and total spends surging 33%.
• M&M Fin's Q3 net profit was ₹810.4 crore, exceeding estimates, while net interest income rose 20.6%.
• Cochin Shipyard's net profit declined 18.3% YoY, but revenue increased 17.7%; declared an interim dividend of ₹3.50.
• Union Bank of India announced Dhirendra Jain as the new CFO, replacing Avinash Prabhu effective February 1.

Why It Matters: Several companies, including L&T, SBI Card, and M&M Fin, announced their Q3 results with mixed performances.