India's SBI Cards and Payment Services reported third-quarter profit below expectations on Tuesday, weighed down by higher write-offs. Profit after tax fell 30% to 3.83 billion rupees ($44.3 million) for the three months ended Dec.

Exports showed a notable recovery, with volumes surpassing 500,000 units for the first time in nine quarters, reflecting a broad-based improvement across markets.

The company said it sold a total of 12,24,472 units in the third quarter, a 2 per cent increase over 12,00,997 units in the same period of last fiscal.

India's Bajaj Auto reported a smaller-than-expected rise in third-quarter profit on Tuesday, hurt by lower domestic sales of its motorcycles and three-wheelers, while higher sales of its margin-diluting electric scooters also weighed.

Results: Pune-based two-wheeler major Bajaj Auto Ltd on Tuesday reported an XX% year-on-year surge in its consolidated net profit (attributable to owners of the company) for the fiscal's third quarter ended December (Q3FY25) to ₹XX crore.

Cipla , one of India's largest drugmaker by sales, reported a bigger-than-expected third-quarter profit on Tuesday, helped by strong demand, especially in the key North American market.