Cognizant Technology Solutions reported a robust financial performance for the December quarter, with net profit rising 18.7 percent year on year to $648 million. The growth was driven by improved operational efficiency, disciplined cost management, and steady demand for digital transformation services. Despite macroeconomic uncertainty and cautious client spending in certain regions, the IT services firm benefited from resilient deal execution and margin expansion.

Shriram General Insurance delivered a strong operational performance in the third quarter, recording a 19 percent year-on-year increase in gross written premium. The growth reflects sustained demand across motor, health, and commercial insurance segments, supported by expanding distribution reach and disciplined underwriting practices. The company benefited from steady customer acquisition, improved renewal rates, and a focus on risk-calibrated pricing.

Kalpataru Projects International delivered a stable performance in the third quarter, reporting a 7 percent year-on-year rise in net profit to Rs 149 crore. The improvement was driven by consistent project execution, a healthy order book, and disciplined cost management amid a challenging global environment. The company benefited from diversified exposure across power transmission, infrastructure, and international markets, which helped cushion volatility in individual segments.

Jain Irrigation Systems reported a wider net loss for the third quarter, with losses expanding to Rs 47.48 crore, underscoring persistent operational and financial challenges. The performance reflects pressures from subdued demand in certain markets, higher costs, and balance sheet constraints. While the company continues to streamline operations and focus on core segments such as micro-irrigation and agri-solutions, near-term profitability remains under strain.

Keystone Realtors reported a steep decline in profitability for the third quarter, with net profit plunging 83 percent year on year, reflecting softer project completions and elevated operating costs. The performance highlights near-term challenges facing the real estate developer, including timing-related revenue recognition and margin pressures in a competitive housing market. While underlying demand for residential real estate remains intact, quarterly volatility impacted earnings.

Bajaj Finserv posted a largely flat financial performance in the third quarter, with consolidated net profit standing at Rs 2,229 crore, reflecting the impact of margin pressures and a challenging operating environment. While the group’s lending and insurance businesses continued to grow, higher costs, normalization of credit trends, and competitive intensity weighed on bottom-line expansion. Management highlighted resilience across core verticals and emphasized disciplined risk management amid evolving macroeconomic conditions.

FMCG major Emami reported a solid performance for the third quarter of FY26, posting a 15 percent year-on-year increase in net profit to Rs 319 crore. The growth was supported by steady domestic demand, disciplined cost management, and improved operating efficiencies. Despite a competitive consumption environment, the company benefited from resilient volumes across its core product categories and selective price interventions. Management maintained a cautiously optimistic outlook, citing gradual recovery in rural demand and sustained momentum in urban markets.

The Unique Identification Authority of India (UIDAI) has deactivated nearly 2.5 crore Aadhaar numbers as part of an ongoing effort to enhance the accuracy and reliability of the national digital identity system. The move primarily targets Aadhaar records linked to deceased individuals, duplicate entries, or outdated demographic information. Officials say the exercise is aimed at curbing misuse, preventing fraud, and ensuring that welfare benefits and public services reach legitimate beneficiaries.

India has the potential to achieve sustained double-digit economic growth, according to Reliance Industries Chairman Mukesh Ambani, who remains optimistic about the country’s long-term trajectory. Citing structural reforms, digital transformation, demographic advantages, and expanding domestic consumption, Ambani emphasized that India is entering a decisive phase of economic expansion. He highlighted the role of technology, manufacturing, and infrastructure investment in unlocking productivity gains across sectors.

Indian equity benchmarks ended the session with modest gains, defying a steep sell-off in information technology stocks that weighed on market sentiment through the day. While frontline IT names came under sustained pressure following earnings-related concerns and cautious global cues, buying interest in select heavyweight sectors helped stabilize the broader indices. Financials, energy, and consumer stocks provided crucial support, offsetting technology-led losses. Market participants remained selective, balancing near-term earnings risks against longer-term growth prospects.