🗞️ Daily Business Brief – Dec 31, 2025
- AWL Agri – Q3 Update Food & FMCG segment shows recovery, while industry essentials continue to weigh on overall growth momentum.
- IndusInd Bank – Q3 Update Net advances declined 13.1% YoY and 2.2% QoQ to ₹3.18 lakh crore; net deposits down 3.8% YoY and up 1.1% QoQ at ₹3.94 lakh crore; CASA ratio stood at 30.3% vs 34.9% YoY.
- Trent – Q3 Update Standalone revenue rose 17% YoY to ₹5,220 crore; company added 278 Westside, 854 Zudio, and 32 stores across other lifestyle formats.
- Dabur – Q3 Update International business performed strongly in MENA, Turkey, and Bangladesh; home & personal care expected to grow in double digits; healthy volumes likely in red toothpaste and Meswak.
- IEX Power trade volumes jumped 2.8% to 11.44 billion units in December, while green market volumes remained flat.
- Kotak Mahindra Bank – Q3 Update Net advances (period end) up 16% YoY and 3.8% QoQ at ₹4.80 lakh crore; average advances up 16.2% YoY; total deposits (period end) up 14.6% YoY at ₹5.42 lakh crore; CASA deposits at ₹2.24 lakh crore.
- L&T Finance – Q3 Business Update Retailisation at 97%; retail disbursements surged 49% YoY to ₹22,690 crore; retail loan book grew 20.3% YoY to ₹1.11 lakh crore.
- IT Sector Outlook Motilal Oswal sees early signs of IT recovery; top picks include Infosys, HCL Tech, Coforge, Mphasis, and Hexaware, with HCL’s valuation premium seen as justified.
- Samvardhana Motherson Subsidiary secured incentives under ECMS scheme; ₹1,900 crore investment planned with employment generation of ~5,000 jobs.
- Cummins India Entered shareholders’ agreement to invest up to ₹2.7 crore in Clean Max Yellowstone and signed renewable energy supply agreements.
- Deep Industries Reported gas leak incident at ONGC-operated well Mori #5 in Andhra Pradesh; no injuries reported.
- LG Electronics India Signed advance pricing agreement with CBDT; contingent liabilities of ₹1.72 billion to become nil; royalty payment contingency of ₹3.15 billion to also become nil.
- Supreme Power Equipment Secured new order worth ₹257 million.
- Axis Bank Gross advances as of Dec 31 grew 14.1% YoY; total deposits rose 15.0% YoY.
- Tata Power Tata Power Renewable Energy achieved 1 GW rooftop solar installation capacity in 9 months of FY26, reinforcing leadership position.
- NBCC Received work orders worth ₹1.34 billion.
- Adani Ports APSEZ handled 41.9 MMT cargo in Dec’25 (+9% YoY) led by containers (+18% YoY); logistics rail volumes flat YoY, GPWIS volumes down 7% YoY.
- DCX Systems Received purchase orders worth ₹113.3 million.
- MOIL Recorded manganese ore production of 477,000 tonnes in Q3 FY26.
- Waaree Energies Raised ₹10.03 billion to set up a 20 GWh lithium-ion battery manufacturing facility.
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