The third quarter earnings season is underway and about 129 companies will announce their results on Tuesday. Key results to watch out include from Titan, Asian Paints and Tata Power.Apart from the above, companies like Dhanlaxmi Bank, Eris Lifesciences, JK Tyre, JSW Holdings, Metropolis Healthcare, Max Financial, One Mobikwik, Torrent Power, V Mart and a few others will also declare their quarter results.Titan Q3 expectationsStrong festive demand along with a good wedding season meant that Titan's likely clocked solid sales growth in the third quarter ended December 2024. Profitability, on the other hand, is seen muted due to a likely estimated one-time inventory loss.Revenue from operations during the third quarter is seen growing 24% year-on-year (YoY), according to an average estimate of five brokerages. Profit for the quarter is seen flat or even a marginal decline due to the exceptional item.However, analysts estimate adjusted profit after tax (PAT) will likely see a growth of around 19% YoY.Titan reported healthy business growth across its segments in its third quarter update, where jewellery sales grew 26%. Watches & Wearables and the eyecare businesses were up 13% and 17%, respectively.Asian Paints Q3 expectationsAsian Paints is expected to report a weak quarter with its revenue and net profit declining on an year-on-year basis. The paint maker could report a 0.5% to 5% fall in its topline according to estimates given by three brokerages. Meanwhile, the company's profit after tax in Q3FY25 is expected to decline between 29% and 17%, the estimates said.The estimates have been given by Nuvama Institutional Equities, Antique Stock Broking and JM Financial. While JM’s PAT and revenue estimates are highest in the pack, Nuvama has the most conservative ones.The lackluster results could be on account of lower volumes and adverse pricing trends, the brokerages noted.(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)