Q3 FY2026 Quarterly Result Highlights of APL Apollo Tubes, Interglobe Aviation, CAMS, Adani Total Gas, Go Digit & Coforge

APL Apollo Tubes Q3 FY2026 Results Highlights: Profit up 42%

• Stellar results with a 42.9% YoY increase in consolidated net profit to ₹310.04 crore, , supported by high-margin product mix.
• Revenue: ₹5,815.13 crore, up 7.04% YoY.
• Record sales volume of 916,976 tons (up 11% YoY) drove this performance, with EBITDA surging 37% YoY to ₹4.7 billion, despite input cost pressures.
• Sales Volume: 916,976 tons (11% YoY, 7% QoQ growth).
• EBITDA: ₹4.7 billion (up 37% YoY).
• EBITDA/Ton: ₹5,146 (up 23% YoY).
• Value Added Products (VAP): Share in total sales increased to 57% (vs 55% in Q3 FY25).
• Management Outlook and Developments
• Guidance Upgraded: Management raised FY2027 volume growth guidance to 20% and EBITDA/ton target to ₹5,500.
• Capacity Expansion: Aiming to increase capacity from 5 million tons to 8 million tons by FY2028.
• Net Cash Position: Strengthened to ₹560 crore.
• Segment Performance: Strong growth in structural tubes and Apollo Z (rust-proof)
• Stock Verdict: Positive

Interglobe Aviation Q3 FY2026 Earnings Results: Net Profit Falls by 77.55% & Revenue Up 6.16% YoY

• Interglobe Aviation clocked Q3 FY26 consolidated revenue of ₹23,471.9 crores vs ₹22,110.7 crores. 
• On the profit front, Interglobe Aviation earned a consolidated PAT of ₹549.8 crore in Q3 FY26. During FY25, the company’s PAT stood at ₹2,448.8 crore.
• According to the consolidated figures, Interglobe Aviation’s quarterly PAT decreased by 77.55% YoY, while revenue increased by 6.16%.
• Interglobe Aviation clocked Q3 FY26 standalone revenue of ₹23,471.19 crores vs ₹22,110.7 crores. 
• On the profit front, Interglobe Aviation earned a standalone PAT of ₹612.6 crore in Q3 FY26. During FY25, the company’s PAT stood at ₹2,442 crore.
• According to the standalone figures, Interglobe Aviation’s quarterly PAT decreased by 74.19% YoY, while revenue increased by 6.16%.
• Stock Verdict: Negative

CAMS Q3 FY2026 Results: Revenue up 5% YoY

• Revenue up 3.6% QoQ and 5.5% YoY
• Margins: EBITDA margin climbed to 46%, a 140 basis points increase QoQ, withabsolute EBITDA reaching an all-time high of INR 179 crores.
• SIP registrations grew 18% to 1.6 crore
• Non-MF Growth: Non-mutual fund revenue grew nearly 25% YoY, contributing 14.5% of total revenue, and meeting the company’s ambition to sustain 20%+ growth in this segment.
• Business Mix & Market Share: CAMS maintained a 68% mutual fund market share and saw equity AuM market share rise to 66.4%. New AMC wins and SIF launches are supporting future growth.
• Guidance & Outlook: Management expects stable mutual fund yields and no major AMC contract renewals in the next year, supporting margin and revenue visibility.
• Technology Investments: Ongoing cloud and platform upgrades are expected to drive further efficiency and margin leverage.
• Stock Verdict: Negative

Adani Total Gas Q3 FY2026 Result Highlights

• Adani Total Gas reported its Q3FY26 numbers, posting a slightly lower net profit of ₹158.6 crore, down 3.3% from ₹164 crore in the previous quarter.
• Revenue for the third quarter grew 4% to ₹1,639 crore from ₹1,576 crore, while EBITDA rose 3.6% to ₹305 crore from ₹294.7 crore. Margins remained steady at 20.3%, reflecting consistent operational efficiency.
• The quarter also reflected the impact of India’s recently enacted labour codes, which consolidated 29 existing labour laws into four unified frameworks effective from November 21, 2025. While the supporting rules for these codes are yet to be notified, the company has estimated the financial impact and recognised exceptional costs of around ₹7.2 crore in the quarter.
• Stock Verdict: Negative

Go Digit General Insurance Q3 FY2026 Results Highlights: Net Profit up 37%

• Go Digit General Insurance Limited reported its Q3 results, showcasing strong growth and profitability. Premium income reached ₹2,500 crore, with an overall GDPI growth of 20.9%.
• The company achieved a 37% jump in profit before tax to ₹163 crore. The combined ratio under IFRS basis improved to 105%.
• AUM increased to ₹22,500 crores, reflecting robust investment performance. The company has now eliminated accumulated losses.
• The company’s premium income stood at ₹2,500 crore.
• GDPI grew by 20.9% to ₹2,557 crore, compared to ₹2,115 crore in the same quarter last year. There was a 37% increase in profit before tax, reaching ₹163 crore, up from ₹119 crore. Profit after tax reached ₹140 crore, and the company no longer has accumulated losses.
• The company reported a combined ratio of 105% under IFRS basis, an improvement from 106.2% in the same quarter of the previous year. For the nine-month period, the combined ratio improved to 105.6% from 106.9%.
• The pre-tax Deferred Acquisition Cost (DAC) is approximately ₹2,403 crore. The solvency ratio stands at 230%, well above the required 150%.
• The company’s two-wheeler business grew by 47% in Q3, with collected premium at ₹668 crore compared to ₹456 crore. The increase in two-wheeler premium impacted IGAAP by ₹84 crore in the quarter, with a 3.9% impact on the COR. There was a decrease of 31% in health, travel, and PA segments due to the company’s decision not to renew a government health business due to pricing concerns. Motor business touched 66% of the total business in Q3 compared to 60% last year, while industry’s mix remained at 36%.
• Investments and AUM
• Assets Under Management (AUM) have increased to ₹22,500 crore, an increase of approximately ₹2,800 crore, representing a growth of 18.8%. The overall yield on AUM is about 1.9% for the quarter. Unrealized gains are reported at ₹686 crore, with ₹403 crore from the equity portfolio and ₹283 crore from other assets.
• Stock Verdict: Positive

Coforge Q3 FY2026 Results Highlights: Net Profit Rises by 16.10% & Revenue Up 28.54% YoY

• Coforge reported revenue from operations of ₹4,188 crore, up 5.1% sequentially.
• Earnings Before Interest and Tax (EBIT) for the quarter remained largely flat at ₹559.4 crore, while margins narrowed by 60 basis points to 13.4% from 14% in the previous quarter.
• Coforge’s revenue grew by 4.4% sequentially in constant currency terms, better than the 3.5% growth that analysts were working with. The company signed six large deals during the quarter, with total order intake at $593 million during the December period.
• Executable order book for the company is now up 30% from last year at $1.72 billion, as per its investor presentation.
• IT attrition at the end of the quarter stood at 10.9%, with the company also registering net additions of 445 resources during the quarter.
• The $2 billion core of data, cloud and AI-led engineering, that will be created after Coforge and Encora come together, sets us up for sustained outperformance in the years to come.
• Stock Verdict: Negative