Q3 FY26 Earnings
Quarterly results for Indian listed companies · Oct–Dec 2025 · quarter ended 31 Dec 2025
Reported
5,039
companies
Profit breadth
51% / 46%
grew / declined · 3,528 comparable
Median sales YoY
+8.3%
across all reporters
Median profit YoY
+2.2%
across all reporters
Beat / missed
126 / 186
of 333 covered
Strongest / weakest
Automobiles +28.1%
Media -34.5%
median profit growth, 10+ reporters
Ranked on reported EPS against analyst consensus, highest surprise first. Only the 333 of 5,039 reporters an analyst forecast this quarter have a surprise at all; the rest rank below them.
| # | Company | EPS surprise | Sector | Revenue (₹ Cr) | Profit (₹ Cr) |
|---|---|---|---|---|---|
| 🥇 | +460.1% | Capital Markets | 666 | 401 | |
| 🥈 | +329.2% | Construction | 2,106 | 386 | |
| 🥉 | +252.1% | Healthcare Services | 406 | 42 | |
| 4 | +177.0% | Power | 4,082 | 529 | |
| 5 | +151.1% | Information Technology | 112 | 3 | |
| 6 | +150.7% | FMCG | 16,441 | 6,603 | |
| 7 | +143.5% | Insurance | 2.36 L Cr | 12,908 | |
| 8 | +140.4% | Services | 632 | 15 | |
| 9 | +136.7% | Services | 472 | 1 | |
| 10 | +117.1% | Commercial Services | 1,070 | 192 | |
| 11 | +83.1% | Petroleum Products | 2.05 L Cr | 13,502 | |
| 12 | +77.3% | Information Technology | 805 | 73 | |
| 13 | +76.3% | Banks | — | 20,691 | |
| 14 | +76.3% | Logistics & Cargo | 2,805 | 40 | |
| 15 | +68.4% | Banks | — | 2,814 | |
| 16 | +66.0% | Consumer Goods | 416 | 10 | |
| 17 | +60.3% | Retail | 402 | 188 | |
| 18 | +55.8% | Consumer Discretionary | 3,670 | 313 | |
| 19 | +55.3% | Consumer Discretionary | 2,406 | 105 | |
| 20 | +50.0% | Consumer Goods | 10,672 | 321 | |
| 21 | +49.8% | Consumer Discretionary | 5,345 | 510 | |
| 22 | +49.4% | Metals & Mining | 45,991 | 2,410 | |
| 23 | +48.6% | Construction | 1,621 | 131 | |
| 24 | +45.3% | Retail | 2,308 | 133 | |
| 25 | +44.1% | Industrials | 1,264 | 110 |
About the Q3 FY26 leaderboard
What does the Q3 FY26 earnings leaderboard rank?
Companies ranked on one measure at a time — EPS surprise against consensus, profit growth, revenue growth, or absolute profit and revenue. Ranking is computed over every company that reported the quarter, not just the ones on the first page of the grid.
Which companies can appear in the EPS surprise ranking?
Surprise is measured against an analyst estimate, and only 333 companies had one for Q3 FY26. A company nobody covers has no surprise to report, so it sorts below every company that does rather than being ranked at zero — in practice the ranking is filled by covered companies.
Is a large percentage growth figure always a good result?
No. A company recovering from a very small base can post several hundred percent growth on a modest absolute gain, which is why absolute revenue and profit are shown beside the growth figure. Growth measured from a loss-making base is excluded entirely rather than published as a large number.
Why do some Q3 FY26 growth figures show "n/a" instead of a percentage?
Growth is left blank whenever the comparison period was not profitable. A percentage change measured from a loss is arithmetic without meaning — a swing from a ₹10 crore loss to a ₹10 crore profit is not "200% growth", and publishing it as such would flatter the company. The reported figures for both periods are still shown, so the change is there to read directly.
Does the beat/miss verdict cover every company?
No, and the denominator matters. An analyst consensus existed for 333 of the 5,039 companies that reported Q3 FY26 — 6.6%. Beat, missed and in-line describe only those. Every other company is marked "no estimate" rather than being counted as in line, because nobody forecast it. Revenue and profit growth, by contrast, cover every company in the table.
What counts as an in-line result rather than a beat or a miss?
Reported earnings per share within ±2% of the consensus estimate. The band is set there because a tighter one classifies rounding as news, and a wider one swallows surprises that genuinely moved a stock.
Are the figures consolidated or standalone?
Consolidated where a company reports on that basis, standalone otherwise, with all money in ₹ crore. Figures are as filed by the company with the exchanges (NSE/BSE); they are not restated or adjusted.
Figures are as reported by companies in their quarterly filings to the exchanges (NSE/BSE), in ₹ crore. Consolidated results are shown where a company reports them, otherwise standalone. Year-on-year and quarter-on-quarter growth is omitted where the comparison period was loss-making, since a percentage change from a negative base is not meaningful. Analyst consensus is an estimate, not a forecast of outcome.