India Daybook: January 23, 2026

📍 QUARTERLY RESULTS

• InterGlobe Aviation (IndiGo): The airline reported a sharp 77.6% YoY decline in net profit to ₹549.1 crore for Q3FY26, despite a 6.2% increase in revenue to ₹23,471.9 crore. The results were impacted by higher operational costs and disruptions.
• DLF: The real estate giant posted a 13.7% YoY growth in consolidated net profit at ₹1,203.4 crore. Revenue for the quarter surged 32.2% to ₹2,020.2 crore, though EBITDA margins saw some compression.
• Bandhan Bank: Net profit plummeted 51.8% YoY to ₹205.6 crore. Net Interest Income (NII) also saw a decline of 4.5%, coming in at ₹2,688.3 crore.
• Premier Energies: The company reported a robust 53.5% YoY jump in net profit to ₹391.7 crore, driven by a 13% rise in revenue to ₹1,936.5 crore.
• Adani Total Gas: Reported a steady performance with a net profit of ₹158.7 crore (up 11.4% YoY) and revenue growth of 17% at ₹1,639.2 crore.
• Le Travenues Technology (ixigo): The company saw its net profit grow by 56.3% YoY to ₹24.3 crore on the back of strong travel demand.
• Syngene International: The firm faced a difficult quarter, with net profit falling 88.6% YoY to just ₹15 crore.
• Bluestone Jewellery & Lifestyle: The company turned profitable this quarter, posting a profit of ₹69 crore compared to a loss of ₹26.8 crore in the same period last year.

📍 ORDER WIN

• Ashoka Buildcon: The company has secured a fresh contract worth ₹307.71 crore from the PWD Daman for infrastructure development.
• Saatvik Solar Industries: A material subsidiary of Saatvik Green Energy, the company received a solar PV module supply order worth ₹10.15 crore from a domestic IPP, scheduled for execution by February 2026.

📍 ACQUISITION & JVs

• ONGC: The state-run energy major has completed equity investments in two joint ventures with Japan’s Mitsui OSK Lines. ONGC now holds a 50% stake in Bharat Ethane One IFSC and Bharat Ethane Two IFSC to strengthen its logistics and ethane sourcing.

📍 MEMORANDUM OF UNDERSTANDING (MoU)

• NTPC Green Energy: Signed a landmark MoU with the Uttar Pradesh government to develop a 1 Gigawatt Green AI Hub in Greater Noida, marking a major step into green-powered data centers.

📍 CORPORATE ACTION

• eClerx Services: The Board of Directors is scheduled to meet on January 28, 2026, to consider a bonus issue of shares along with the Q3 financial results.
• Dividend Ex-Dates: Several stocks are trading ex-dividend today, including Havells India (₹4/share), Central Bank of India (₹0.20/share), and Oberoi Realty (₹2/share).

📍 FUND RAISING

• TVS Emerald: The real estate arm of TVS Holdings has successfully raised ₹425 crore from the International Finance Corporation (IFC) to fund its upcoming residential projects.

TAGS: India Daybook, Stocks in News, Corporate News, Stock Market, Company News

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