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HEG Shareholders and Creditors Approve Composite Scheme of Arrangement with 99.99% Majority
HEG Limited has successfully obtained approval from its equity shareholders, secured creditors, and unsecured creditors for a Composite Scheme of Arrangement. The scheme involves HEG Limited, HEG Graphite Limited, and Bhilwara Energy Limited, aimed at corporate restructuring. The resolution was passed with an overwhelming majority, with 99.9997% of total shareholder votes in favor. This near-unanimous approval from both promoters and public shareholders clears a significant regulatory hurdle for the company's reorganization.
Key Highlights
Shareholders approved the Composite Scheme of Arrangement with 99.9997% of votes in favor
Public shareholders (excluding promoters) showed near-unanimous support with 99.9987% voting in favor
A total of 13,92,41,772 shares were polled, representing 72.15% of the total outstanding shares
The scheme involves the merger of Bhilwara Energy Limited and the demerger of the graphite business into HEG Graphite Limited
All resolutions for secured and unsecured creditors were also passed with the requisite majority
💼 Action for Investors
Investors should view this as a positive milestone in the company's restructuring process which aims to unlock value. Monitor for the final NCLT approval and the announcement of the record date for the demerger.
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HEG Limited Concludes Secured Creditors Meeting for Composite Scheme of Arrangement
HEG Limited conducted a meeting of its secured creditors on May 5, 2026, following directions from the NCLT Indore Bench. The meeting was held to seek approval for a Composite Scheme of Arrangement involving HEG Limited, HEG Graphite Limited, and Bhilwara Energy Limited. The resolution requires a special majority under Section 230(6) of the Companies Act, 2013. While the meeting has concluded, the final voting results and the Scrutinizer's Report are pending submission.
Key Highlights
Meeting held on May 5, 2026, via Video Conferencing as per NCLT order dated March 26, 2026.
Proposed Scheme involves HEG Limited, HEG Graphite Limited, and Bhilwara Energy Limited.
Remote e-voting was conducted from May 1 to May 4, 2026, followed by e-voting during the meeting.
Approval requires a special majority as prescribed under Section 230(6) of the Companies Act, 2013.
Final voting results and Scrutinizer's Report will be submitted separately to the stock exchanges.
💼 Action for Investors
Investors should monitor the upcoming disclosure of the voting results to confirm if the secured creditors have approved the restructuring. Review the details of the scheme to understand the potential impact on the company's asset structure and energy business interests.
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HEG Conducts Secured Creditors Meeting for Composite Scheme of Arrangement
HEG Limited convened a meeting of its secured creditors on May 5, 2026, following directions from the NCLT Indore Bench. The primary agenda was to seek approval for a Composite Scheme of Arrangement involving HEG Limited, HEG Graphite Limited, and Bhilwara Energy Limited. The meeting was conducted via video conferencing with the requisite quorum present, and voting was carried out through remote and meeting-day electronic facilities. Investors are now awaiting the official voting results and the Scrutinizer's Report to confirm the scheme's progress.
Key Highlights
Meeting held on May 5, 2026, as per NCLT Indore Bench order dated March 26, 2026
Proposed scheme involves HEG Limited, HEG Graphite Limited, and Bhilwara Energy Limited
Remote e-voting window was open from May 1, 2026, to May 4, 2026
The meeting concluded at 3:57 P.M. after allowing 15 minutes for post-proceedings e-voting
Voting results and Scrutinizer's Report to be filed separately with BSE and NSE
💼 Action for Investors
Monitor the exchange filings for the final voting results of the secured creditors to ensure the restructuring process is on track. The scheme's approval is a critical milestone for the proposed corporate consolidation.
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HEG FY26 Consolidated PAT Jumps 197% to ₹341 Cr; Q4 Standalone Loss Widens to ₹163 Cr
HEG Limited reported a strong full-year FY26 performance with consolidated net profit rising to ₹341.36 crore, up from ₹115.06 crore in FY25. However, the Q4 FY26 standalone performance was weak, reporting a net loss of ₹163.19 crore compared to a loss of ₹61.68 crore in the same period last year, largely due to a sharp spike in other expenses. The company is aggressively expanding its graphite electrode capacity to 115,000 tons by 2028 to capitalize on the global shift toward Electric Arc Furnace (EAF) steelmaking. Management noted that rising input and freight costs are putting pressure on margins, which may necessitate price increases in the near term.
Key Highlights
Consolidated FY26 Net Profit reached ₹341.36 crore, a 197% increase year-on-year.
Annual Revenue from operations grew 19.3% to ₹2,568.50 crore in FY26.
Standalone Q4 FY26 net loss widened significantly to ₹163.19 crore vs ₹61.68 crore YoY.
Graphite electrode capacity expansion from 100,000 to 115,000 tons expected by early 2028.
Global EAF steel production (ex-China) rose to 51% in 2024, supporting long-term demand.
💼 Action for Investors
While the annual growth is impressive, the Q4 loss and rising operational costs warrant caution; investors should monitor the company's ability to implement price hikes to offset margin pressure.
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HEG FY26 Consolidated PAT Jumps 196% to ₹341 Cr; Q4 Standalone Loss at ₹163 Cr
HEG Limited reported a strong full-year performance for FY26, with consolidated net profit rising significantly to ₹341.36 crore from ₹115.06 crore in FY25. However, the company faced a challenging fourth quarter, posting a standalone net loss of ₹163.19 crore compared to a loss of ₹61.68 crore in the same period last year. This Q4 loss was largely driven by a sharp spike in 'Other Expenses,' which rose to ₹361.29 crore. Despite quarterly volatility, the company is aggressively expanding its capacity to 115,000 tons by 2028 to capitalize on the global shift toward Electric Arc Furnace (EAF) steel production.
Key Highlights
Consolidated FY26 Net Profit surged 196% YoY to ₹341.36 crore from ₹115.06 crore in FY25.
Annual Standalone Revenue from operations grew 19.3% to ₹2,568.50 crore in FY26.
Q4 FY26 Standalone Net Loss widened to ₹163.19 crore, impacted by 'Other Expenses' jumping to ₹361.29 crore.
Graphite electrode capacity expansion to 115,000 tons is on track for completion by early 2028.
Global EAF capacity pipeline of 110 mmt by 2030 is expected to create 200,000 tons of incremental electrode demand.
💼 Action for Investors
Investors should seek clarity on the one-time nature of the high 'Other Expenses' in Q4 that led to the quarterly loss. While the long-term structural shift to EAF steel favors HEG, the current margin pressure from input costs and freight requires cautious monitoring.
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HEG Recommends ₹3.40 Final Dividend and Approves ₹1,239 Cr Security for Subsidiary
HEG Limited has announced its audited financial results for the fiscal year ending March 31, 2026, alongside a final dividend recommendation of ₹3.40 per share. A major highlight is the board's approval to provide security for credit facilities totaling ₹1,239 crore for its wholly-owned subsidiary, TACC Limited, through State Bank of India. This involves pledging 51% of the subsidiary's equity and providing a non-disposal undertaking for the remaining 49%. The company also confirmed the continuation of key leadership and the re-appointment of its audit teams for the next fiscal year.
Key Highlights
Recommended a final dividend of ₹3.40 per equity share (170% of ₹2 face value) for FY 2025-26.
Approved security creation for credit facilities up to ₹1,239 crore for wholly-owned subsidiary TACC Limited.
Pledged 51% equity shares of TACC Limited and hypothecated unsecured loans to secure SBI funding.
Approved the continuation of Shri Shekhar Agarwal as Non-Executive Director beyond the age of 75.
Re-appointed Cost, Internal, and Tax auditors for the 2026-27 financial year to ensure regulatory compliance.
💼 Action for Investors
Investors should note the steady dividend payout and closely monitor the progress of the TACC Limited project given the significant ₹1,239 crore financial commitment. The stock remains a watch for how this subsidiary expansion impacts consolidated leverage and future earnings.
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HEG Limited Recommends Final Dividend of Rs 3.40 per Share for FY 2025-26
HEG Limited's Board has recommended a final dividend of Rs 3.40 per equity share for the financial year 2025-26, representing a 170% payout on the face value of Rs 2. The company reported its audited financial results for the year ended March 31, 2026, with an unmodified audit opinion. Significantly, the Board also approved creating security for a Rs 1,239 crore credit facility for its wholly-owned subsidiary, TACC Limited, involving a pledge of 51% of the subsidiary's shares. This indicates a major capital commitment toward the subsidiary's project financing.
Key Highlights
Recommended a final dividend of Rs 3.40 per equity share of face value Rs 2 each for FY 2025-26.
Approved audited standalone and consolidated financial results for the quarter and year ended March 31, 2026.
Authorized security creation, including a pledge of 51% equity, for a Rs 1,239 crore loan facility for subsidiary TACC Limited.
Re-appointed Cost, Internal, and Tax auditors for the 2026-27 financial year.
Approved the continuation of Shri Shekhar Agarwal as a Non-Executive Director beyond the age of 75.
💼 Action for Investors
Investors should track the record date for the Rs 3.40 dividend and monitor the progress of the TACC Limited project, given the substantial Rs 1,239 crore financial exposure.
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HEG to Convene NCLT-Directed Shareholder Meeting on May 5 for Composite Scheme of Arrangement
HEG Limited has scheduled a meeting of its equity shareholders on May 5, 2026, following directions from the NCLT Indore Bench to approve a Composite Scheme of Arrangement. The scheme involves HEG Limited, HEG Graphite Limited, and Bhilwara Energy Limited, indicating a significant corporate restructuring. Separate meetings for secured and unsecured creditors will also take place on the same day at 3:30 PM and 4:30 PM respectively. Shareholders eligible as of the April 28, 2026 cut-off date can participate in remote e-voting between May 1 and May 4, 2026.
Key Highlights
Shareholder meeting scheduled for May 5, 2026, at 2:00 PM via Video Conferencing
Proposed Composite Scheme of Arrangement involves HEG Limited, HEG Graphite Limited, and Bhilwara Energy Limited
Remote e-voting period for shareholders is active from May 1, 2026, to May 4, 2026
Cut-off date for determining voting eligibility for equity shareholders is April 28, 2026
Meetings for secured and unsecured creditors are also scheduled for May 5, 2026
💼 Action for Investors
Investors should carefully examine the specific terms of the Composite Scheme of Arrangement to understand the impact on share swap ratios or business restructuring. It is advisable to participate in the e-voting process to ensure shareholder interests are represented.
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HEG Limited Schedules NCLT-Convened Meetings for Composite Scheme of Arrangement on May 5, 2026
HEG Limited has scheduled meetings for its equity shareholders, secured creditors, and unsecured creditors on May 5, 2026, following directions from the NCLT Indore Bench. The purpose is to approve a Composite Scheme of Arrangement involving HEG Limited, HEG Graphite Limited, and Bhilwara Energy Limited. Shareholders as of the cut-off date of April 28, 2026, are eligible to vote on the proposal. This restructuring is a significant corporate action that could impact the company's organizational structure and business focus.
Key Highlights
Meetings for shareholders and creditors scheduled for May 5, 2026, via Video Conferencing.
Composite Scheme of Arrangement involves HEG Limited, HEG Graphite Limited, and Bhilwara Energy Limited.
Shareholder e-voting cut-off date is April 28, 2026, with voting open from May 1 to May 4, 2026.
Secured and unsecured creditor meetings are scheduled for 3:30 PM and 4:30 PM respectively on the same day.
The scheme is being proposed under Sections 230 to 232 of the Companies Act, 2013.
💼 Action for Investors
Investors should carefully review the Composite Scheme of Arrangement documents to understand the valuation and strategic rationale. Ensure participation in the e-voting process by the May 4 deadline to voice your position on the restructuring.
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HEG Receives NCLT Approval to Convene Meetings for Composite Scheme of Arrangement
HEG Limited has received a significant regulatory update regarding its proposed Composite Scheme of Arrangement involving HEG Graphite Limited and Bhilwara Energy Limited. The NCLT Indore Bench, in its order dated March 26, 2026, has directed the company to convene meetings for shareholders and creditors to vote on the proposal. This procedural step is essential for the legal execution of the restructuring under the Companies Act, 2013. Investors should await the formal notice which will contain specific dates and voting details for the upcoming meetings.
Key Highlights
NCLT Indore Bench issued an order on March 26, 2026, allowing the Company Application for the scheme.
HEG Limited is directed to convene meetings for equity shareholders, secured creditors, and unsecured creditors.
Bhilwara Energy Limited is required to convene a meeting for its equity shareholders as part of the composite scheme.
The development follows the initial scheme disclosure made by the company on January 9, 2026.
💼 Action for Investors
Investors should monitor the upcoming notice for meeting dates and review the scheme's details regarding value unlocking. The progress in NCLT proceedings indicates the restructuring process is moving forward as planned.
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HEG Limited: GST Authority Drops ₹282.34 Crore Tax Demand for FY 2019-20
HEG Limited has received a favorable order from the GST authority regarding a previously issued Show Cause Notice for the financial year 2019-20. The authority has dropped the proposed recovery of IGST refunds and penalties which amounted to ₹282.34 Crores. This decision was based on information available on record and concludes proceedings under Section 74 of the MPGST/CGST Act for that specific period. This resolution removes a significant contingent liability from the company's books.
Key Highlights
GST authority dropped the Show Cause Notice for the tax period FY 2019-20.
The dropped demand involved recovery of IGST refunds and penalties totaling ₹282.34 Crores.
The proceedings were originally initiated under Section 74 of the MPGST Act 2017 and CGST Act 2017.
The original notice also covered FY 2020-21 for a similar amount of ₹282.34 Crores, though this update specifically confirms the dropping of the FY 2019-20 demand.
💼 Action for Investors
Investors should view this as a positive development that eliminates a major legal and financial risk. Stay tuned for further updates regarding the status of the FY 2020-21 tax period mentioned in the original notice.
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HEG Subsidiary TACC Partners with INOXAP for Nitrogen Supply at Dewas Facility
HEG Limited's wholly-owned subsidiary, TACC Limited, has entered into a long-term partnership with INOX Air Products (INOXAP) to secure nitrogen supply for its upcoming greenfield facility in Dewas, Madhya Pradesh. INOXAP will build, own, and operate a dedicated onsite nitrogen plant to support TACC's production of lithium-ion battery-grade graphite anode materials. This infrastructure is critical for the high-precision manufacturing required for electric vehicle and energy storage applications. The move marks a significant step in HEG's diversification into the advanced carbon materials and clean energy value chain.
Key Highlights
TACC Limited signs long-term agreement with INOX Air Products for high-purity nitrogen supply.
INOXAP to set up a dedicated onsite Nitrogen plant on a Build, Own, and Operate (BOO) basis.
The facility in Dewas, MP, will manufacture lithium-ion battery-grade synthetic graphite anode material.
Partnership ensures reliable supply of industrial gases essential for high-performance carbon material production.
Strategic alignment with India's growth in electric mobility and energy storage sectors.
💼 Action for Investors
Investors should monitor the progress of the Dewas greenfield facility as it represents HEG's strategic pivot into the EV battery materials market. This partnership reduces operational risk by securing critical industrial gas infrastructure.
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HEG Subsidiary TACC Partners with INOXAP for Nitrogen Supply at Dewas Facility
HEG Limited's wholly owned subsidiary, TACC Limited, has entered into a long-term partnership with INOX Air Products (INOXAP) to secure nitrogen supply for its greenfield facility in Dewas, Madhya Pradesh. INOXAP will build, own, and operate a dedicated onsite nitrogen plant to support TACC's production of lithium-ion battery-grade graphite anode materials. This partnership is a strategic step in HEG's diversification into the electric vehicle (EV) and energy storage value chain. The assured supply of high-purity nitrogen is critical for maintaining global standards in advanced carbon material manufacturing.
Key Highlights
INOXAP to set up a dedicated onsite Nitrogen plant on a Build, Own, and Operate (BOO) basis.
The facility at Dewas will produce lithium-ion battery-grade synthetic graphite anode material.
Partnership supports TACC's expansion into graphene-based derivatives for industrial applications.
Long-term agreement ensures consistent, high-purity nitrogen supply essential for precision manufacturing.
Strategic move to strengthen India's domestic EV battery material ecosystem.
💼 Action for Investors
Investors should view this as a positive step in HEG's diversification strategy into the high-growth EV battery material sector. Monitor the commissioning timeline of the Dewas facility as it will be a key driver for the subsidiary's future revenue.
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Promoter Group entity Redrose Vanijya LLP acquires 1.9 lakh shares of HEG for Rs 10.14 Cr
Redrose Vanijya LLP, a member of the HEG Limited promoter group, purchased 1,90,000 equity shares through an open market transaction on February 18, 2026. The acquisition was valued at approximately Rs 10.14 crore, executed at an average price of Rs 533.84 per share. This transaction has increased the entity's total shareholding in the company from 29.30% to 29.40%. Promoter buying is often interpreted as a signal of internal confidence in the company's valuation and long-term growth.
Key Highlights
Purchase of 1,90,000 equity shares representing 0.10% of the company's total capital
Transaction value of Rs 10.14 crore executed on the National Stock Exchange (NSE)
Average acquisition price per share stood at Rs 533.84
Post-transaction, Redrose Vanijya LLP's stake rose to 29.40% from 29.30%
💼 Action for Investors
This insider purchase reflects promoter confidence and can be seen as a positive indicator for long-term investors. Investors should monitor if this trend of promoter buying continues at current price levels.
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HEG Q3 FY26: Consolidated PAT Surges 140% YoY to ₹455 Cr; Capacity Utilization at 85%
HEG Limited reported a robust performance for 9M FY26, with consolidated PAT jumping 140% YoY to ₹455 crore and revenue rising 21.6% to ₹1,965 crore. Despite a 2% decline in global steel production, the company maintained a high capacity utilization of 85% in Q3, leveraging its expanded 100,000-ton facility. Management anticipates a significant demand surge for graphite electrodes, projecting an incremental 200,000 tons of demand by 2030 as the global steel industry shifts toward Electric Arc Furnaces (EAF). The company remains debt-free with a strong treasury of ₹1,155 crore and is progressing with a further 15,000-ton capacity expansion.
Key Highlights
Consolidated PAT for 9M FY26 rose to ₹455 Cr from ₹189 Cr in the previous year
Maintained industry-leading capacity utilization of 89% for the first nine months of FY26
Global EAF capacity expected to increase by 110 million tons by 2030, driving electrode demand
Company remains long-term debt-free with a treasury surplus of ₹1,155 Cr as of Dec 2025
Ongoing 15,000-ton capacity expansion is on track for completion by early 2028
💼 Action for Investors
Investors should view the high utilization and market share gains positively, especially given the global shift toward EAF steelmaking. Monitor the progress of the NCLT scheme and the 15,000-ton expansion as key medium-term catalysts.
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HEG Q3 FY26 Standalone PAT Rises 44% YoY to ₹141 Cr; EBITDA Margins Expand to 32%
HEG Limited reported a robust year-on-year performance for Q3 FY26, with standalone revenue increasing 37% to ₹655.66 crore. Standalone PAT grew 44% YoY to ₹141.25 crore, while EBITDA margins saw a significant sequential improvement from 28% in Q2 to 32% in Q3. The company is leveraging its expanded 100,000-ton capacity and has announced a further expansion to 115,000 tons by 2027. While global steel production remains under pressure, HEG is benefiting from India's 10.4% growth in crude steel production and the structural global shift toward Electric Arc Furnace (EAF) steelmaking.
Key Highlights
Standalone Revenue grew 37.4% YoY to ₹655.66 crore in Q3 FY26.
Standalone EBITDA margins improved to 32% in Q3 FY26, up from 28% in Q2 FY26 and 17% in FY25.
Consolidated PAT reached ₹206.97 crore, significantly aided by ₹65.14 crore share of profit from associates.
Capacity expansion of 15,000 tons announced to reach a total of 115,000 tons by the end of 2027.
India remains a growth engine with 10.4% YoY growth in crude steel production, supporting domestic electrode demand.
💼 Action for Investors
Investors should monitor the sustainability of the 30%+ EBITDA margins and the progress of the 115,000-ton capacity expansion. The stock remains a play on the global transition to green steel (EAF), though global spot price volatility for electrodes remains a key risk.
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HEG Q3 FY26 Results: Consolidated PAT Jumps to ₹207 Cr; EBITDA Margins Expand to 32%
HEG Limited reported a strong performance for Q3 FY26 with consolidated PAT reaching ₹206.97 crore, a significant increase from ₹83.40 crore in the same quarter last year. Standalone EBITDA margins showed impressive expansion to 32%, up from 28% in the previous quarter and 17% in FY25. The company is currently operating at a 100,000-ton capacity and has announced further expansion to 115,000 tons by the end of 2027. While global steel production fell 2%, HEG is benefiting from India's 10.4% growth and the structural global shift toward Electric Arc Furnace (EAF) steelmaking.
Key Highlights
Consolidated PAT for Q3 FY26 rose 148% YoY to ₹206.97 crore compared to ₹83.40 crore.
Standalone EBITDA margins expanded to 32% in Q3 FY26, showing consistent improvement from 23% in Q1 and 28% in Q2.
Nine-month standalone revenue reached ₹1,965.29 crore, up from ₹1,616.13 crore in the previous year's corresponding period.
Capacity expansion to 115,000 tons per annum is on track for completion by the end of 2027.
Exporting 65-70% of production to 35 countries, maintaining its position as a top global graphite electrode producer.
💼 Action for Investors
Investors should note the significant margin recovery and the company's aggressive capacity expansion as positive indicators. The stock remains a primary play on the global transition to green steel (EAF), though global spot price volatility for electrodes warrants monitoring.
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HEG Q3 Net Profit Rises 44% YoY to ₹141 Cr; Approves ₹400 Cr Investment in Subsidiary
HEG Limited reported a robust year-on-year performance for the quarter ended December 31, 2025, with standalone net profit rising 43.7% to ₹141.25 crore. Revenue from operations grew significantly to ₹655.66 crore compared to ₹477.07 crore in the same quarter last year. The company is aggressively backing its subsidiary, TACC Limited, by subscribing to ₹400 crore worth of Optionally Convertible Debentures (OCDs) and providing corporate guarantees for its credit facilities. Furthermore, HEG is streamlining its portfolio by winding up the non-core medical transcription business of its subsidiary, Bhilwara Infotechnology.
Key Highlights
Standalone Net Profit for Q3 FY26 increased 43.7% YoY to ₹141.25 crore.
Revenue from operations rose 37.4% YoY to ₹655.66 crore in the December quarter.
Approved subscription of 4,00,00,000 OCDs of subsidiary TACC Limited totaling ₹400 crore.
Nine-month FY26 net profit surged to ₹343.91 crore from ₹162.99 crore in the previous year.
Winding up of the Medical Transcription business of Bhilwara Infotechnology Ltd effective March 1, 2026.
💼 Action for Investors
Investors should take note of the strong YoY earnings momentum and the company's strategic focus on capital allocation toward its subsidiary TACC. The exit from non-core businesses like medical transcription is a positive step toward operational simplification.
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HEG Q3 Net Profit Jumps 43% YoY to ₹141 Cr; Approves ₹400 Cr Investment in TACC Ltd
HEG Limited reported a robust performance for Q3 FY26, with standalone net profit rising 43.6% YoY to ₹141.25 crore. Revenue from operations grew significantly to ₹655.66 crore, up from ₹477.07 crore in the previous year's quarter. The company is aggressively funding its subsidiary, TACC Limited, through a ₹400 crore OCD subscription and a corporate guarantee for SBI credit facilities. Additionally, HEG is streamlining its portfolio by winding up the non-core medical transcription business of its subsidiary, Bhilwara Infotechnology.
Key Highlights
Standalone Net Profit for Q3 FY26 increased to ₹141.25 crore from ₹98.32 crore YoY.
Revenue from operations grew 37.4% YoY to ₹655.66 crore in the December 2025 quarter.
Approved a ₹400 crore investment in wholly-owned subsidiary TACC Limited via Optionally Convertible Debentures.
Nine-month FY26 net profit surged to ₹343.91 crore, more than doubling from ₹162.99 crore in the prior year period.
Board approved winding up the medical transcription business of Bhilwara Infotechnology effective March 1, 2026.
💼 Action for Investors
The strong earnings growth and strategic focus on core subsidiaries like TACC Ltd are positive indicators. Investors should maintain a positive outlook while monitoring the capital allocation efficiency in the new subsidiary ventures.
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HEG Q3 Net Profit Surges 43.7% YoY to ₹141.25 Cr; Appoints New President-IR
HEG Limited reported a strong performance for Q3 FY26, with standalone net profit rising to ₹141.25 crore from ₹98.32 crore in the previous year. Revenue from operations grew significantly by 37.4% YoY to reach ₹655.66 crore, primarily driven by the graphite segment. The company is also making strategic moves by investing ₹400 crore in its subsidiary, TACC Limited, and winding up its non-core medical transcription business. Additionally, the appointment of Salil Bawa as President-Investor Relations signals a focus on strengthening market communication.
Key Highlights
Standalone Net Profit for Q3 FY26 stood at ₹141.25 crore, a 43.7% increase compared to ₹98.32 crore in Q3 FY25.
Revenue from operations increased to ₹655.66 crore in the quarter ended December 2025, up from ₹477.07 crore YoY.
Approved a ₹400 crore investment in wholly-owned subsidiary TACC Limited via Optionally Convertible Debentures (OCDs).
Board approved the winding up of the medical transcription business of subsidiary Bhilwara Infotechnology Ltd by March 2026.
Salil Bawa appointed as President - Investor Relations (Senior Management) effective February 10, 2026.
💼 Action for Investors
Investors should view the strong revenue and profit growth as a positive indicator of core business health. Monitor the progress of the ₹400 crore investment in TACC Limited and the impact of streamlining non-core assets on future margins.