Q3 Results Live: Leela Palaces, Federal Bank, Central Bank Report Profit Rises; Infosys Shares Surge Amidst Key Earnings

Published By DPRJ Universal | Published on Friday, 16 January 2026

Q3 2026 earnings updates reveal significant profit increases for Leela Palaces, Federal Bank, and Central Bank of India. Infosys shares soared nearly 5% due to strong deal wins and upgraded guidance, despite a profit dip, boosting overall market sentiment. Tech Mahindra and Wipro are among companies set to announce results today. L&T Technology Services faced a profit decline, while Emmvee Photovoltaic Power tripled its net profit. Upcoming results for major banks are expected tomorrow.

The article provides live updates on various companies' Q3 FY26 financial results, published on January 16, 2026, showcasing a mixed but largely positive earnings season for several sectors. Leela Palaces Hotels & Resorts reported a substantial rise in standalone net profit to Rs 76.81 crore, driven by a 21% increase in operating revenue and strategic expansion. Similarly, Federal Bank announced a healthy standalone net profit of Rs 1041.21 crore, with improved Net Interest Income and Margins, alongside an increased stake in Ageas Federal Life Insurance. Central Bank of India also posted a significant profit surge to Rs 1262.60 crore and declared an interim dividend.In the technology sector, Infosys shares remarkably surged by nearly 5%, propelled by strong deal wins and optimistic revenue guidance, despite reporting a sequential and year-on-year decline in PAT. This performance is viewed as a crucial short-term sentiment booster for the broader market. Conversely, L&T Technology Services (LTTS) experienced a nearly 5% share drop following a consolidated net profit decline, partly due to provisions for new Labour Codes. Tech Mahindra is anticipated to report margin growth and moderate revenue increases. Other notable results include Emmvee Photovoltaic Power's net profit tripling on higher revenues and capacity expansion, and Onward Technologies' increased consolidated net profit. Companies like Reliance Industries, Wipro, and Polycab India are slated to announce their Q3 results later today, while major financial institutions such as HDFC Bank and ICICI Bank are scheduled for tomorrow, January 17.