We are in the middle of the third quarter earnings season where about 11 companies will announce their quarterly results on Tuesday. Key earnings to watch out include from HDFC AMC and Network18.So far, IT companies have announced their quarterly results, which are mostly in line with expectations. The quarter is likely to moderate for India Inc with banks expected to see another soft quarter.HDFC AMC Q3 expectationsHDFC AMC is likely to report a high double-digit growth in revenues and profitability during the third quarter. Kotak Equities estimates the profit to rise by 21% YoY (year-on-year), while revenues may also gain 21% YoY.The brokerage is building in a 3% QoQ increase in QAAUM in 3QFY25 for the domestic MF business, reflecting the decline in equity indices, offset by strong net inflows.Also Read: HDFC AMC Q3 Preview: Revenue may surge up to 36.4% YoY amid strong AUM growth The average Nifty-500 was down 2% QoQ (down 8% on period-end). Analysts expect stable yields as impact of AUM growth if offset by full impact of commission cuts.There could be a core 45% YoY PBT growth, driven by robust YoY revenue growth and 15% YoY expense growth. Other income to decline due to MTM. Focus to remain on stability of retail flows and yields.In the preceding second quarter, HDFC AMC saw its revenue grow 38% and profit expand by 32% from the same period a year ago. Its market share in the profitable active equity space grew to 12.9% from 12.4% a year back.Motilal Oswal said the equity AUM during the quarter will maintain growth momentum backed by improving fund performance. However, yields are likely to decline sequentially and scaling up of AUM to drive revenue growth.Weak market performance during the quarter will also hurt other income and is likely to decline sequentially. HDFC AMC shares have been under pressure in the recent past, falling as much as 16% in the last one month.(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)