Stocks To Watch on January 29, 2026: SBI Life, L&T, Star Health, ACC and SBI Cards in Focus

The trading session on January 29, 2026, is expected to feature several prominent companies following the release of their Q3 FY26 numbers. Multiple firms across insurance, construction, finance and cement sectors disclosed year‑on‑year changes in profitability for the quarter ended December 2025.

These announcements included both profit growth and profit declines, driven by operational performance, one‑time provisions and base effects. As investors absorb these quarterly figures, the listed companies have come into focus due to measurable financial developments.

SBI Life Insurance Reports Steady Profit Growth in Q3 FY26

SBI Life Insurance posted a net profit of ₹577 crore in Q3 FY26, marking a 5% year‑on‑year rise from ₹551 crore in Q3 FY25. The performance indicates a stable quarterly progression in reported profitability.

L&T’s Q3 FY26 Profit Declines Due To One‑Time Labour Code Provision

Larsen & Toubro reported a 4.28% year‑on‑year decline in profit, posting ₹3,215.1 crore in Q3 FY26. The drop resulted from a one‑time material provision amounting to ₹1,191 crore related to the implementation of new labour codes.

Star Health Records Profit Decline but Higher Gross Written Premium

Star Health and Allied Insurance registered a 40% year‑on‑year decline in net profit, reporting ₹128 crore for the quarter ended December 2025. However, gross written premium improved to ₹4,624 crore in Q3 FY26, compared with ₹3,796 crore in the same quarter last year.

M&M Financial Services Sees Lower Net Profit, but Higher Adjusted PAT

Mahindra & Mahindra Financial Services recorded a 10% year‑on‑year decline in consolidated net profit, reporting ₹826 crore for the December quarter. When adjusted for a one‑time labour‑code provision and previous‑year provision releases, profit after tax increased to ₹907 crore.

ACC Reports Significant Profit Decline Despite Revenue Growth

ACC posted a consolidated net profit of ₹404.21 crore in Q3 FY26, a 62.97% year‑on‑year decline driven by a high base effect and increased costs. The cement maker, however, reported revenue of ₹6,482.98 crore for the quarter, reflecting an 8.56% year‑on‑year rise.

SBI Cards Reports Strong Q3 FY26 Profit and Revenue Growth

SBI Cards reported a 45% year‑on‑year rise in consolidated net profit, reaching ₹557 crore in Q3 FY26. Total revenue from operations increased 11% year‑on‑year to ₹5,127 crore, up from ₹4,619 crore in Q3 FY25.

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Conclusion

The list of companies reporting Q3 FY26 results ahead of January 29, 2026, includes firms displaying both revenue expansion and profit variability. Factors such as one‑time regulatory provisions, increased costs and base effects shaped the direction of reported numbers.

Insurance, finance, construction and cement sector companies all presented measurable quarterly changes. With these disclosures now public, market participants can observe how the financial updates align with sector‑specific trends during the period.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

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