Asian Paints said quarterly profit declined 23%. Titan reported a marginal decline in quarterly profit. Max Financial Services announced its plans to raise capital. PC Jewellers reported a sixteen-fold surge in revenues. Torrent Power and Godrej Properties reported a steady increase in revenue and earnings.

Sky Gold reported a fourfold increase in quarterly profit. Premier Energies, the maker of solar panel modules, said quarterly net income advanced sixfold. Castrol India reported a 14% rise in net income and a 7% increase in revenue in the December quarter.

The Sensex and Nifty indexes dropped 1% after the U.S. started a new round of a trade war that will slow down global economic growth and push several nations on the brink of a recession. Market indexes in Japan and Korea plunged nearly 3%.

Tata Steel, Indian Oil, and Coal India reported a decline in revenue and earnings in the December quarter. Adani Wilmar, Emami, and Canara Bank reported a rise in earnings in the December quarter.

HPCL reported a muted increase in revenue, but profit jumped threefold in the December quarter. Adani Green Energy reported a sharp rise in revenue and earnings in the fiscal third quarter. Indus Towers said net income soared after the company received overdue payments from a telecom company.

HDFC Bank reported nearly flat quarterly results. Gravita India, BPCL, and Elecon Engineering reported a rise in net income and revenue in the December quarter.

Oberoi Realty, PNB Housing, UCO Bank, and Dixon Technologies reported higher revenue and earnings in the December quarter.



MCX returns to profitability after revenue surged in the December quarter. Zomato reported a sharp decline in its quarterly profit. Central Bank of India, Indian Overseas Bank, and IDBI Bank reported a strong increase in revenue and earnings in the December quarter.

Tech Mahindra reported a sequential decline in quarterly profit. Wipro reported stronger-than-expected quarterly results. ICICI Lombard and SBI Life reported higher income in the December quarter.

Reliance Industries reported a strong increase in revenue and earnings in the December quarter, driven by the strength in petroleum refining margins and in its retail unit. Axis Bank's profit increased, lagging market expectations. Spencer's Retail said quarterly loss narrowed.

Shoppers Stop said net income advanced 42% after premium goods drove an increase in sales in the December quarter. HDFC Asset Management said revenue increased 31% and net income soared 39% in the fiscal third quarter. Network18 Media said losses expanded in its latest quarter.

HCL Technologies and Angle One reported weaker-than-expected growth in the December quarter.

Avenue Supermarts, the parent of D-Mart, reported a rise in earnings and revenues in the December quarter but fell short of market expectations. ICICI Prudential said new business premium rose nearly 4% in December.

TCS reported a strong rise in earnings, and the company issued a positive outlook for the remainder of the year. Phoenix Mills said retail sales at its portfolio of shopping malls rose in the fiscal third quarter. GTPL Hathway said quarterly earnings plunged.



Tata Motors reported a subdued increase in wholesale delivery of vehicles in the December quarter. P N Gadgil Jewellers reported a surge in sales in the fiscal third quarter.

WPIL acquired Italy-based pump maker MISA. Signatureglobal Ltd. and Sobha Ltd. reported strong new home sales bookings in the December quarter.