Net sales increased by marginal 2.05 per cent to Rs 8,800.22 crore as against Rs 8,623.11 crore in the same period last year, ITC said in a BSE filing.

The company reported a net profit of Rs 591.25 crore in the corresponding period a year ago.

Investos said, weak volume growth at Hindustan Unilever clouds the business outlook for the FMCG sector.

The stock closed 5.27 per cent down at Rs 892.80 on the BSE. During the day, it tanked 6 per cent to Rs 885.25. At the NSE, it plunged 5.03 per cent to settle at Rs 893.70.

HUL's net sales rose by 7.69 per cent to Rs 7,579.18 crore in Q3 of FY15, as against Rs 7,037.78 crore during the corresponding quarter of FY14.

There were widespread expectations that Wipro would post weak earnings after rival TCS' revenue for Q3 from its energy vertical fell 2.3 per cent in dollar terms.

Sentiments remained bullish with the expectations that the RBI's surprise rate cut last week would revive credit growth, brokers said.

\"I would say another one-and-a-half to two-and-a-half years to beat the industry growth rate,\" Infosys CEO Vishal Sikka told news agency PTI.

Net profit in the second quarter was Rs 5,972 crore. Analysts, on an average, expected RIL to report net profit of Rs 5,270 crore, according to Thomson Reuters data.

Among the sectoral indices, BSE Realty was the top performer of the week thanks to the rate cut by the Reserve Bank of India.

The company's standalone net profit stood at Rs 5,085 crore (US $822 million) in Q3 for FY15, down from Rs 5,511 crore in the year-ago period, RIL said in a statement.

Wipro clocked revenues of Rs 12,085 crore for the quarter ending December 31, a sequential growth of 3.8 per cent.

Wipro said its IT services revenue for the quarter under review stood at Rs 11,344 crore as against Rs 10,923 crore in Q3 of FY14.

The private sector lender said total income increased from Rs 9,433.55 crore in Q3 of FY14 to Rs 10,928.81 crore for the quarter under review.

TCS' quarterly net profit grew by 5.1 per cent and the software services provider said it expected strong outsourcing deals momentum to boost growth in the quarters ahead.

Referring to the company laying off 2,574 employees, CEO and MD N. Chandrasekaran said: \"It is a global (average) number. Other numbers are just a figment of imagination.\"

Net sales during the period under review stood at Rs 5,520 crore as against Rs 5,294.55 crore in the year-ago quarter, the company said in a statement.

Bank's income on investments increased to Rs 888.74 crore in the third quarter, from Rs 840.02 crore in the year-ago period.

While terming these exits as \"involuntary attrition\", TCS claimed it does not plan to initiate any large scale layoffs of any section of its staff in any part of the organisation.

It had reported net profit of Rs 29.10 crore in the October-December quarter of 2013-14 fiscal, the company said in a Bombay Stock Exchange (BSE) filing.