Breaking Update: Here’s a clear explanation of the latest developments related to Breaking News:Stocks to watch on February 12: IRCON, Godrej Ind, LG Electronics, Patanjali Foods and more– What Just Happened and why it matters right now.
Promoters of Netweb Technologies are expected to sell up to a 3% stake in the company via block deals, sources told CNBC-TV18. The offer size is ₹514.5 crore, with a floor price set at ₹3,027 per share, according to sources. This floor price is at a discount of up to 4% compared to the last close.
Patanjali Foods | Baba Ramdev-helmed Patanjali Foods Ltd on Wednesday (February 11) reported a net profit of ₹364.2 crore for the third quarter, down 26% from ₹491.2 crore in the year-ago period. Revenue for the quarter rose 16.5% to ₹10,483 crore, compared with ₹8,997 crore in the corresponding period last year. Earnings before interest, taxes, depreciation and amortisation (EBITDA) declined 22.2% to ₹433.4 crore, from ₹557.4 crore in the same quarter last year. EBITDA margin shrank to 4.1%, down from 6.2% in the year-ago period.
Kirloskar Oil Engines | Kirloskar reported a strong Q3 performance, with net profit rising 56.2% year-on-year to ₹111.4 crore compared with ₹71.3 crore in the same quarter last year. Revenue grew 29.2% YoY to ₹1,872.6 crore from ₹1,449.3 crore, supported by improved business momentum. EBITDA increased 31.3% to ₹331.5 crore versus ₹252.5 crore, while margins edged up slightly to 17.7% from 17.4% a year ago.
IRCON | State-owned engineering and construction firm IRCON International Ltd on Wednesday (February 11) reported a net profit of ₹99.9 crore for the third quarter, up 15.97% from ₹86.1 crore in the year-ago period. Revenue for the quarter declined 18.9% year-on-year to ₹2,119 crore versus ₹2,612.8 crore in Q3FY25.
(Photo Credit : CNBC-TV18 Library )
AstraZeneca Pharma | AstraZeneca Pharma reported a mixed Q3 performance, with net profit rising 5.9% year-on-year to ₹32.6 crore compared with ₹30.8 crore in the same quarter last year. Revenue surged 39% YoY to ₹611.5 crore from ₹440.2 crore. However, EBITDA declined 41.7% to ₹44.8 crore versus ₹76.9 crore, leading to a sharp contraction in margins to 7.3% from 17.5% a year ago.
Orkla India | The company reported a 13.98% year-on-year decline in net profit for the third quarter ended December 31, 2025, at ₹56.6 crore, compared with ₹65.8 crore in the same period last year. Revenue from operations rose 3.4% to ₹636 crore from ₹615.2 crore a year earlier, driven by volume-led growth, the company said.
Protean eGov | IT company Protean eGov Technologies Ltd on Wednesday reported a net profit of ₹22.5 crore for the third quarter, down 2.2% from ₹23 crore in the year-ago period. Revenue for the quarter rose 13.1% to ₹228.9 crore, compared with ₹202.3 crore in the corresponding period last year, driven by strong performance in tax services and new businesses. Central Recordkeeping Agency revenues remained unchanged.
LG Electronics | The company reported a weaker Q3 performance, with net profit declining 61.6% year-on-year to ₹89.6 crore compared with ₹233.4 crore in the same quarter last year. Revenue fell 6.4% YoY to ₹4,114.3 crore from ₹4,395.5 crore. EBITDA also dropped 42.6% to ₹195.7 crore versus ₹340.7 crore, while margins narrowed to 4.8% from 7.8% a year ago.
Godrej Industries | It reported its Q3 (October-December) results with consolidated net profit rising 8.7% year-on-year to ₹204.5 crore compared with ₹188.2 crore in the same quarter last year. Godrej Industries’ revenue grew 4.7% to ₹5,051 crore from ₹4,824 crore a year ago. However, EBITDA declined 8.8% to ₹544.1 crore against ₹597 crore a year earlier, leading to a lower operating margin of 10.8% versus 12.4% in the previous year.
