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TGB Banquets Q3 FY26 Revenue Up 22.8% QoQ to ₹10.57 Cr; Appoints New CFO
TGB Banquets and Hotels reported a sequential recovery in Q3 FY26, with revenue from operations rising 22.8% to ₹1,057.20 lakhs compared to the previous quarter. Net profit for the quarter stood at ₹66.23 lakhs, a significant jump from ₹20.63 lakhs in Q2 FY26, though it remained slightly lower than the ₹68.39 lakhs reported in the same quarter last year. The company also strengthened its leadership by appointing Mr. Prakash Shrivastav as the Chief Financial Officer. For the nine-month period ended December 2025, the company maintained steady growth with a total income of ₹2,889.31 lakhs versus ₹2,653.11 lakhs YoY.
Key Highlights
Revenue from operations increased to ₹1,057.20 lakhs in Q3 FY26 from ₹860.57 lakhs in Q2 FY26.
Net profit for the quarter reached ₹66.23 lakhs, showing strong sequential growth but flat YoY performance.
Nine-month total income grew 8.9% YoY to ₹2,889.31 lakhs.
Appointment of Mr. Prakash Shrivastav, a Chartered Accountant with 8 years of experience, as the new CFO.
Earnings Per Share (EPS) for the quarter stood at ₹0.23, consistent with the previous year's Q3.
💼 Action for Investors
Investors should watch for sustained margin improvement as the company shows strong sequential recovery in the banquet and hotel segment. The appointment of a new CFO may bring improved financial discipline to this micro-cap entity.