News on Medial

Related News

Go Digit posts Rs 2,160 Cr revenue in Q3 FY26; PAT up 18%

EntrackrEntrackr · 9d ago
Go Digit posts Rs 2,160 Cr revenue in Q3 FY26; PAT up 18%
Medial

Go Digit General Insurance Limited reported steady growth in the third quarter of FY26, with operating revenue (net premium) rising 4% to Rs 2,160 crore from Rs 2,084 crore in Q3 FY25. Its profit also grew 18% during the quarter. Net premiums written saw a dip of 4.5% this quarter to Rs 2,142 crore in Q3 FY26 compared to Rs 2,242 crore in the same quarter last year, according to its quarterly results reported on the NSE. The firm’s income from investments grew 17% to Rs 337 crore in Q3 FY26, compared to Rs 288 crore in the third quarter of FY25, steered by a stronger investment portfolio performance. In the end, its total income for Q3 FY26 stood at Rs 2,498 crore, against Rs 2,372 crore in the corresponding quarter of the previous year. Go Digit reported flat expenses in Q3 FY26, commissions and brokerage costs amounted to Rs 603 crore in Q3 FY26, as compared to Rs 543 crore in Q3 FY25. Employee benefits also saw a slight increase, with expenses totaling Rs 95 crore in Q3 FY26. These increases contributed to the overall 3% rise in the firm's expenses during the quarter to Rs 2,386 crore. In terms of claims, the company paid out Rs 1,311 crore in claims during Q3 FY26 against Rs 949 crore in Q3 FY25. There was also a change in outstanding claims, decreasing to Rs 256 crore in Q3 FY26 compared to Rs 571 crore in Q3 FY25. The company’s PAT (Profit after Tax) increased by 18% to Rs 140 crore in Q3 FY26 from Rs 118.5 crore in Q3 FY26. For the nine months period ending December 2026, the company’s profit stood at Rs 64 crore. At the end of the day, Go Digit’s share price was trading at Rs 325 per share, giving the company a total market capitalization of Rs 30,039 crore ($3.2 billion).

Groww posts Rs 547 Cr profit on Rs 1,216 Cr revenue in Q3 FY26

EntrackrEntrackr · 17d ago
Groww posts Rs 547 Cr profit on Rs 1,216 Cr revenue in Q3 FY26
Medial

Digital investment platform Groww on Wednesday reported its first set of quarterly results since listing on the stock exchanges. The company posted a 25% rise in revenue during the third quarter, although its profit declined by 28% over the same period. The company’s revenue from operations increased to Rs 1,216 crore in Q3 FY26 from Rs 974.5 crore in the same quarter last year, according to its financial statement sourced from NSE. Other income contributed an additional Rs 45 crore, which drove its total income to Rs 1,261 crore for the quarter. On a quarter-on-quarter basis, the company’s income rose by 19% from Rs 1,019 crore in Q2 FY26. However, for the nine months period ending December 2025, the firm’s revenue remained flat at Rs 3,139 crore. On the expense side, employee benefit was the largest burn which accounted for 30% of the total expense at Rs 157 crore in Q3 FY26. Finance cost stood at Rs 10 crore, while depreciation cost added Rs 9 crore to the total expense which stood at Rs 515.5 crore in Q3 FY26. Groww’s net profit decreased by 28% to Rs 547 crore in Q3 FY26 as compared to Rs 757 crore in Q3 FY25. For the nine months period ending December 2025, the company reported a profit of Rs 1,397 crore. Sequentially, Groww reported a 16% surge in net profit (PAT) to Rs 547 crore in Q3 FY26 from Rs 471 crore in Q2 FY26. The year-on-year decline was largely due to a one-time gain (net of taxes) of Rs 315 crore booked in Q3 FY25. Groww made a strong debut on the Indian stock exchanges in November last year, listing at Rs 114 per share on the BSE, a 14% premium over its issue price despite a muted grey market premium (GMP) of around 3%. On the NSE, the stock opened at Rs 112. Groww India’s share is trading at Rs 158 (as of 12:51 PM), giving the company a total market capitalization of Rs 97,595 crore ($11.21 billion).

CarTrade posts Rs 176 Cr revenue and Rs 45.5 Cr profits in Q3 FY25

EntrackrEntrackr · 1y ago
CarTrade posts Rs 176 Cr revenue and Rs 45.5 Cr profits in Q3 FY25
Medial

CarTrade posts Rs 176 Cr revenue and Rs 45.5 Cr profits in Q3 FY25 CarTrade released its financial results for the third quarter of the ongoing fiscal year (Q3 FY25) on Wednesday. The company reported a 26% year-on-year revenue growth compared to Q3 FY24, with a major turnaround in its bottom line. CarTrade’s revenue from operations surged 26.6% to Rs 176 crore in Q3 FY25 in contrast to Rs 139 crore in Q3 FY24, as per the firm’s unaudited consolidated financial results sourced from the National Stock Exchange (NSE). The Mumbai-based company operates in three segments: Consumer, Remarketing, and Classifieds. Income from the consumer segment formed 39% of the total operating revenue which increased to Rs 68 crore in Q3 FY25 from Rs 50 crore in Q3 FY25. Income from the remarketing and classified segment stood at Rs 58 crore and Rs 50 crore in the third quarter of the ongoing fiscal year. CarTrade also added Rs 17 crore from other non-operating businesses which tallied its overall revenue to Rs 193 crore in Q3 FY25, compared to Rs 152 crore in Q3 FY24. On the expense front, employee benefits expenses formed 53% of the overall spending which went up a modest 7.3% to Rs 73 crore during the period. This cost also includes share-based expenses of Rs 3.36 crore. CarTrade’s overall expenses increased 12% to Rs 140 crore in Q3 FY24 from Rs 125 crore during Q3 FY24. The strong growth and controlled spending enabled CarTrade to achieve a turnaround and post a net profit of Rs 45.5 crore in Q3 FY25, compared to a loss of Rs 23.5 crore in Q3 FY24. However, the company had already recorded a revenue of Rs 472 crore and a net profit of Rs 99 crore during the nine months of the ongoing fiscal year. CarTrade recorded a 4.78% hike in its share price today and is trading at Rs 1,433.3 (as of 12:47) with a total market capitalization of Rs 6,789 crore or $800 million.

Ixigo posts Rs 317 Cr revenue in Q3 FY26; profit grows 55%

EntrackrEntrackr · 9d ago
Ixigo posts Rs 317 Cr revenue in Q3 FY26; profit grows 55%
Medial

Ixigo posts Rs 317 Cr revenue in Q3 FY26; profit grows 55% Online travel aggregator (OTA) Ixigo released its financial results for the third quarter of the ongoing fiscal year (Q3 FY26) on Thursday. The company reported a 31% growth in scale, while the company also increased its profit during the same period. Ixigo’s revenue from operations increased to Rs 317.6 crore in Q3 FY26 in contrast to Rs 242 crore in Q3 FY25, as per the firm’s unaudited financial results sourced from the National Stock Exchange (NSE). The Gurugram-based company generated the largest share (42%) of its operating revenue from train ticketing, which rose to Rs 134 crore in Q3 FY26 from Rs 120 crore in Q3 FY25. Flight and bus booking services contributed 32% and 24% to the company’s revenue, respectively. Besides operating revenue, the firm also earned Rs 16.5 crore via interest and gains from financial assets during the quarter which took its total income to Rs 334 crore in the quarter ending December 2025. Ixigo has not provided a detailed breakdown of expenses in its quarterly financial statements. However, employee benefits expenses rose by 15% YoY to Rs 45 crore. Overall, the company's total costs grew 32% to Rs 296 crore in Q3 FY26 compared to Rs 224 crore in Q3 FY25. Ixigo increased its profit by 55% to Rs 24 crore in Q3 FY26, as compared to a profit of Rs 15.5 crore in Q3 FY25. The company also approved the grant of 98,944 stock options under its ESOP scheme (2013, 2016, 2021). The ESOP is valued at around Rs 2.3 crore according to the company’s share price. The company’s competitor MakeMyTrip posted $295 million revenue in Q3 FY26 with its loss falling by 74% to $7 million in the period. At the close of trading on Thursday (Jan 22), Ixigo’s shares were priced at Rs 235, giving the online travel aggregator a market capitalization of Rs 10,320 crore (approximately $1.1 billion).

CarTrade posts Rs 210 Cr revenue in Q3 FY26, profit jumps 35%

EntrackrEntrackr · 4d ago
CarTrade posts Rs 210 Cr revenue in Q3 FY26, profit jumps 35%
Medial

CarTrade released its financial results for the third quarter of the ongoing fiscal year (Q3 FY26) on Wednesday. The company reported a 19% year-on-year revenue growth, with profit crossing the Rs 50 crore mark in the same time period. CarTrade’s revenue from operations grew to Rs 210 crore in Q3 FY26 in contrast to Rs 176 crore in Q3 FY25, as per the firm’s unaudited financial results sourced from the National Stock Exchange (NSE). The company’s total income for Q3 FY26 grew to Rs 228 crore, compared to Rs 193 crore in Q3 FY25. The Mumbai-based company operates in three segments: Consumer, Remarketing, and Classifieds. Income from the consumer segment formed 41% of the total operating revenue which increased to Rs 86 crore in Q3 FY26. Income from the remarketing and classified segment stood at Rs 66 crore and Rs 59 crore, respectively, in the third quarter of the ongoing fiscal year. On the expense front, employee benefits expenses formed 53% of the overall spending which went up a modest 4% to Rs 76 crore during the period. Including other costs, CarTrade’s overall expenses increased 3% to Rs 144 crore in Q3 FY26 from Rs 139.5 crore during Q3 FY25. The decent growth and controlled spending enabled CarTrade to increase its net profit to Rs 61.5 crore in Q3 FY26, compared to Rs 45.5 crore in Q3 FY25. However, on a sequential basis, the company’s profit decreased by 4% from Rs 64 crore in Q2 FY26. CarTrade was in preliminary discussions with CarDekho for a potential merger in India’s automotive classifieds space, but the two companies mutually decided to call off the proposed consolidation. CarTrade’s share price is trading at Rs 2,333 (as of 11:36 AM) with a total market capitalization of Rs 11,163 crore ($1.2 billion).

Paytm posts Rs 2,194 Cr revenue and Rs 225 Cr profit in Q3 FY26

EntrackrEntrackr · 2d ago
Paytm posts Rs 2,194 Cr revenue and Rs 225 Cr profit in Q3 FY26
Medial

Fintech firm Paytm announced its financial results for the third quarter of the ongoing fiscal year (Q3 FY26) on Thursday. The Noida-based company reported a revenue of Rs 2,194 crore and a net profit of Rs 225 crore for the period. According to Paytm’s unaudited quarterly report filed with the National Stock Exchange, its revenue from operations increased by 20% year-on-year from Rs 1,828 crore in Q3 FY25. The company also added Rs 212 crore from other non-operating sources, bringing its overall revenue to Rs 2,406 crore in Q3 FY26. For the nine-months period, Paytm’s revenue rose 24% to Rs 6,173 crore from Rs 4,989 crore, a year earlier. For the Noida-based firm, its employee benefits remained the largest cost center, accounting for 33% of the overall cost, which decreased by 5% to Rs 721 crore in Q3 FY26. Its payment processing charges increased by 17.5% to Rs 671 crore, and marketing expenses increased by 3.5% to Rs 146 crore in Q3 FY26. Software, communication, legal, cashback, and other overheads took the total expenditure to Rs 2,175 crore in Q3 FY26, as compared to Rs 2,220 crore in Q3 FY25. Paytm recorded a net profit of Rs 225 crore in Q3 FY26, in contrast to a loss of Rs 208 crore in Q3 FY25. On a sequential basis, the company’s profit increased by more than 10X from Rs 21 crore in Q2 FY26. Last quarter was eventful for the company as it received authorisation from the RBI to operate as a payment aggregator for physical or offline payments and cross border transactions. The company also granted ESOPs worth Rs 16.6 crore and Rs 60 crore under its ESOP Scheme 2019. Paytm also witnessed a significant shareholder shift as Elevation Capital (formerly SAIF Partners) offloaded a 1.86% stake in the fintech major through a bulk deal worth Rs 1,556 crore. Five days later, BNP Paribas sold 1 crore shares of Paytm worth Rs 1,331 crore. Alongside this, Integrated Core Strategies sold 32.55 lakh shares worth Rs 410 crore. As of January 29, Paytm’s share price stood at Rs 1,172 with the total market capitalization standing at Rs 74,963 crore ($8 billion).

Nazara's profits drop 54% in Q3 FY25

EntrackrEntrackr · 11m ago
Nazara's profits drop 54% in Q3 FY25
Medial

Fintrackr Nazara's profits drop 54% in Q3 FY25 Nazara’s operating revenue increased % to Rs 535 crore in Q3 FY25 from Rs 320 crore in Q3 FY24, its unaudited consolidated financial statements sourced from National Stock Exchange (NSE) show. Gaming and sports media company Nazara Technologies reported a year-on-year increase of 67% in operating revenue for Q3 FY25 compared to Q3 FY24. However, the Mumbai-based company’s profits declined by 53.6%. Nazara’s operating revenue rose by 67% to Rs 535 crore in Q3 FY25 from Rs 320 crore in Q3 FY24, according to its unaudited consolidated financial statements sourced from the National Stock Exchange (NSE). E-sports accounted for 43.5% (Rs 232.6 crore) of the company’s total operating revenue, while the gaming segment held a 29% share (Rs 155 crore), followed by ad tech, which contributed 2% (Rs 10.5 crore) to the topline. Nazara also earned Rs 22 crore from interest and gains on financial assets during the quarter, bringing its overall revenue to Rs 556.6 crore. The company’s total expenses rose by 76% to Rs 531 crore in Q3 FY25, up from Rs 301 crore in Q3 FY24. Content, events, and web servers collectively accounted for 32% (Rs 169 crore) of total expenses, while employee benefits contributed 17% (Rs 88.6 crore). Notably, marketing expenses grew 3.5X to Rs 145 crore, compared to Rs 41 crore in Q3 FY24. Despite the increase in scale, the company’s profit fell by 53.6% year-on-year, dropping to Rs 13.7 crore in Q3 FY25 from Rs 29.5 crore in Q3 FY24. At the end of the trading day, the company's stock closed at Rs 930.65, bringing its total market capitalization to Rs 7,957.18 crore (approximately $916 million).

Download the medial app to read full posts, comements and news.