Flash Finance

Q3 FY26 quarterly results (October-December 2025)

4,316 companies have declared Q3 FY26 results so far, the latest on 15 Sep 2026.

Across the 3,727 non-financial companies with a year-ago quarter to compare, sales grew +15.1% and net profit +14.8% year on year, and the combined operating margin narrowed 25 bps to 14.1%.

For the 146 banks and lenders, net interest income grew +8.0% and net profit +10.5%.

56% of companies grew net profit; 416 turned a loss into a profit; 37% beat their own profit trend and 48% fell short of it.

Updated 18 Oct 2026, 20:23 IST 4316 declared
The next results season has started: 156 companies have filed results for the quarter ended 30 Sep 2026. See them →

Q3 FY26 scoreboard

Sales growth
+15.1%
YoY, 3727 companies combined; median +8.3%
Net profit growth
+14.8%
YoY combined; median +8.9%
Operating margin
14.1%
-25 bps YoY
Grew profit
56%
416 turnarounds, 346 into loss
Vs own profit trend
37% / 48%
above / below, 15% in line
Banks: NII growth
+8.0%
146 lenders; profit +10.5%
Price since results
-9.5%
median; 0% of 1 stocks up
Other-income heavy
1051
25%+ of pre-tax profit from other income & one-offs

Latest Q3 FY26 results 4316

Page 143 of 144

Debock Industries Limited

DIL · Q3 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales -100.0%— 0.00.00.7
Operating profit loss narrowedloss narrowed -0.2-0.3-0.2
Other income -100.0%— 0.00.00.1
Net profit loss narrowedloss narrowed -0.2-0.3-0.2
EPS (₹) —loss narrowed -0.01-0.02-0.01

Quality of profit

Pre-tax profit −₹0.2 Cr: core business −₹0.2 Cr, other income ₹0.0 Cr.

Core profit YoY: loss narrowed

Cash & debt

FY25 cash from operations −₹88,290 Cr.

Eros International Media Limited

EROSMEDIA · Q3 FY26 · Consolidated
M Cap
—
P/E
—
PEG
—
  • Into loss: a profit a year ago
  • FY25 operating cash flow was only 3% of profit
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales -30.8%-10.0% 9.010.013.0
Operating profit loss widenedloss narrowed -17.0-19.0-12.0
Other income -50.0%— 13.01.026.0
Net profit? to lossloss narrowed -9.0-21.011.0
PAT margin % -18462 bps— -100.0%—84.6%
EPS (₹) to lossloss narrowed -0.92-2.151.19

Quality of profit

Pre-tax profit −₹6.0 Cr: core business −₹19.0 Cr, other income ₹13.0 Cr.

Core profit YoY: loss widened

Cash & debt

FY25 cash from operations ₹3.0 Cr: 3% of FY25 net profit of ₹114 Cr.

Borrowings ₹111 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹6.5₹9.0 +38.5% above

Future Consumer Limited

FCONSUMER · Q3 FY26 · Consolidated
M Cap
—
P/E
—
PEG
—
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales +0.9%+7.5% 115107114
Operating profit —loss narrowed -1.0-6.00.0
OPM % -87 bps+474 bps -0.9%-5.6%0.0%
Other income -40.0%-95.0% 3.060.05.0
Net profit? loss widenedto loss -28.015.0-14.0
PAT margin % -1207 bps-3837 bps -24.3%14.0%-12.3%
EPS (₹) loss widenedto loss -0.140.07-0.07

Quality of profit

Pre-tax profit −₹28.0 Cr: core business −₹31.0 Cr, other income ₹3.0 Cr.

Core profit YoY: loss widened

Cash & debt

FY25 cash from operations ₹6.0 Cr.

Borrowings ₹436 Cr at Sep 2025, against ₹433 Cr at Mar 2025 (+1%).

Against its own trend ?

TrendActualGap
Sales₹127₹115 -9.1% below

Gammon India Limited

GAMMONIND · Q3 FY26 · Consolidated
M Cap
—
P/E
—
PEG
—
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales -59.8%-81.8% 2.011.05.0
Operating profit loss narrowedto loss -2.04.0-136
OPM % —-13636 bps -100.0%36.4%—
Other income from loss-50.0% 3.06.0-91.2
Net profit? loss narrowedloss widened -346-317-532
EPS (₹) loss narrowedloss widened -9.36-8.59-14.41

Quality of profit

Pre-tax profit −₹346 Cr: core business −₹348 Cr, other income ₹3.0 Cr, exceptional & other items −₹1.0 Cr.

Core profit YoY: loss narrowed

Against its own trend ?

TrendActualGap
Sales₹7.8₹2.0 -74.3% below

Ganesh Infraworld Limited

GANESHIN · Q3 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Profit +35% above its own trend
  • Operating margin expanded 350 bps YoY
  • Operating cash flow was negative in FY25 despite a profit
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales +126.2%+2.4% 21521095.0
Operating profit +205.5%+9.7% 29.026.49.5
OPM % +350 bps+90 bps 13.5%12.6%10.0%
Other income +195.9%+0.0% 1.01.00.3
Net profit +169.1%+5.6% 19.018.07.1
PAT margin % +141 bps+26 bps 8.8%8.6%7.4%
EPS (₹) +94.8%+5.2% 4.464.242.29

Quality of profit

Core 96%Other income & one-offs 4%

Pre-tax profit ₹26.0 Cr: core business ₹25.0 Cr, other income ₹1.0 Cr.

Core profit YoY: +185.4% · reported profit +169.1%

Cash & debt

FY25 cash from operations −₹80.0 Cr: -222% of FY25 net profit of ₹36.1 Cr.

Borrowings ₹38.0 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹190₹215 +13.1% above
Net profit₹14.1₹19.0 +34.6% above
📊 Investor presentation (30 Jul)

Gangotri Textiles Limited

GANGOTRI · Q3 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales —— 0.00.00.0
Operating profit —loss narrowed -0.0-0.0-0.0
Other income —— 0.00.00.0
Net profit —loss narrowed -0.0-0.0-0.0
EPS (₹) —loss narrowed 0.00-0.010.00

Quality of profit

Pre-tax profit −₹0.0 Cr: core business −₹0.0 Cr, other income ₹0.0 Cr.

Cash & debt

FY25 cash from operations −₹0.1 Cr.

Borrowings ₹331 Cr at Mar 2025.

GB Global Limited

GBGLOBAL · Q3 FY26 · Consolidated
M Cap
—
P/E
—
PEG
—
  • All of pre-tax profit came from other income or one-off items
₹ CrQoQ Dec 2025Sep 2025
Sales +8.7% 25.023.0
Operating profit loss widened -10.0-6.0
OPM % -1391 bps -40.0%-26.1%
Other income +70.0% 17.010.0
Net profit? — 2.00.0
PAT margin % +800 bps 8.0%0.0%
EPS (₹) — 7.420.00

Quality of profit

Pre-tax profit ₹4.0 Cr: core business −₹13.0 Cr, other income ₹17.0 Cr.

Goenka Diamond and Jewels Limited

GOENKA · Q3 FY26 · Consolidated
M Cap
—
P/E
—
PEG
—
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales +490.5%+217.9% 1.20.40.2
Operating profit from lossfrom loss 0.1-0.1-0.4
OPM % —+4543 bps 12.1%-33.3%—
Other income —+100.0% 0.00.00.0
Net profit? loss narrowedloss narrowed -0.1-0.4-0.7
PAT margin % —+8666 bps -5.6%-92.3%—
EPS (₹) loss narrowedloss narrowed 0.00-0.01-0.02

Quality of profit

Pre-tax profit −₹0.1 Cr: core business −₹0.1 Cr, other income ₹0.0 Cr.

Core profit YoY: loss narrowed

Cash & debt

FY25 cash from operations −₹0.0 Cr.

Borrowings ₹181 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹0.3₹1.2 +278.5% above

Gujarat State Petronet Limited

GSPL · Q3 FY26 · Consolidated
M Cap
—
P/E
—
PEG
—
  • Profit +45% above its own trend
  • Operating margin expanded 230 bps YoY
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales -6.2%-2.7% 4,0924,2064,360
Operating profit +10.9%-1.2% 613621553
OPM % +230 bps+23 bps 15.0%14.8%12.7%
Other income -0.2%-6.5% 95.810296.0
Net profit? +13.1%-2.6% 379389335
PAT margin % +158 bps+2 bps 9.3%9.2%7.7%
EPS (₹) +9.6%-1.5% 4.554.624.15

Quality of profit

Core 81%Other income & one-offs 19%

Pre-tax profit ₹510 Cr: core business ₹415 Cr, other income ₹95.8 Cr, exceptional & other items −₹0.9 Cr.

Core profit YoY: +14.1% · reported profit +13.1%

Cash & debt

FY25 cash from operations ₹2,741 Cr: 167% of FY25 net profit of ₹1,637 Cr.

Borrowings ₹140 Cr at Sep 2025, against ₹138 Cr at Mar 2025 (+1%).

Against its own trend ?

TrendActualGap
Sales₹4,159₹4,092 -1.6% in line
Net profit₹261₹379 +45.2% above

Gujarat Gas Limited

GUJGASLTD · Q3 FY26 · Consolidated
M Cap
—
P/E
—
PEG
—
  • Profit +27% above its own trend
  • Operating margin expanded 279 bps YoY
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales -10.8%-2.9% 3,8653,9794,333
Operating profit +17.6%+0.0% 447447380
OPM % +279 bps+33 bps 11.6%11.2%8.8%
Other income -3.9%-23.4% 54.671.356.8
Net profit? +20.7%-4.6% 267280221
PAT margin % +180 bps-13 bps 6.9%7.0%5.1%
EPS (₹) +20.9%-4.4% 3.884.063.21

Quality of profit

Core 84%Other income & one-offs 16%

Pre-tax profit ₹359 Cr: core business ₹303 Cr, other income ₹54.6 Cr, exceptional & other items ₹1.3 Cr.

Core profit YoY: +25.5% · reported profit +20.7%

Cash & debt

FY25 cash from operations ₹1,806 Cr: 157% of FY25 net profit of ₹1,148 Cr.

Borrowings ₹150 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹4,347₹3,865 -11.1% below
Net profit₹210₹267 +27.3% above

HERCULES INVESTMENTS LIMITED

HERCULES · Q3 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Profit -14% below its own trend
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales —— 3.00.00.0
Operating profit from lossfrom loss 2.7-0.2-0.1
OPM % —— 91.9%——
Other income -100.0%-100.0% 0.05.52.8
Net profit -4.4%-49.8% 2.65.22.7
PAT margin % —— 88.2%——
EPS (₹) -3.5%-49.4% 0.821.620.85

Quality of profit

Core 100%Other income & one-offs 0%

Pre-tax profit ₹2.7 Cr: core business ₹2.7 Cr, other income ₹0.0 Cr.

Core profit YoY: from loss · reported profit -4.4%

Cash & debt

FY25 cash from operations ₹7.6 Cr: 136% of FY25 net profit of ₹5.6 Cr.

Borrowings nil at Mar 2025.

Against its own trend ?

TrendActualGap
Net profit₹3.0₹2.6 -14.1% below

Hindustan Motors

HINDMOTORS · Q3 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Profit -96% below its own trend
  • All of pre-tax profit came from other income or one-off items
  • Operating cash flow was negative in FY25 despite a profit
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales -100.0%— 0.00.00.6
Operating profit loss widenedloss widened -1.1-0.8-0.7
Other income -79.7%+22.1% 1.20.95.7
Net profit -97.9%+75.0% 0.10.03.3
EPS (₹) -100.0%— 0.000.000.16

Quality of profit

Pre-tax profit ₹0.1 Cr: core business −₹1.1 Cr, other income ₹1.2 Cr.

Core profit YoY: loss widened · reported profit -97.9%

Cash & debt

FY25 cash from operations −₹26.9 Cr: -173% of FY25 net profit of ₹15.6 Cr.

Borrowings ₹17.9 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Net profit₹1.7₹0.1 -95.8% below

IMP Powers Limited

INDLMETER · Q3 FY26 · Consolidated
M Cap
—
P/E
—
PEG
—
₹ CrQoQ Dec 2025Sep 2025
Sales -82.2% 0.10.7
Operating profit loss widened -2.4-2.0
Other income +29.1% 1.51.2
Net profit? loss widened -2.3-2.0
EPS (₹) loss widened -2.64-2.36

Quality of profit

Pre-tax profit −₹2.3 Cr: core business −₹3.8 Cr, other income ₹1.5 Cr.

Indus Infra Trust

INDUSINVIT · Q3 FY26 · Consolidated
M Cap
—
P/E
—
PEG
—
  • Profit -26% below its own trend
  • Operating margin contracted 559 bps YoY
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales -14.8%+45.5% 179123210
Operating profit -21.5%+44.4% 11781.0149
OPM % -559 bps-49 bps 65.4%65.9%71.0%
Other income +71.4%+50.0% 24.016.014.0
Net profit? -19.3%+62.7% 96.059.0119
PAT margin % -304 bps+566 bps 53.6%48.0%56.7%
EPS (₹) -18.7%+62.7% 2.181.342.68

Quality of profit

Core 77%Other income & one-offs 23%

Pre-tax profit ₹99.0 Cr: core business ₹76.0 Cr, other income ₹24.0 Cr, exceptional & other items −₹1.0 Cr.

Core profit YoY: -32.1% · reported profit -19.3%

Cash & debt

FY25 cash from operations ₹439 Cr: 91% of FY25 net profit of ₹481 Cr.

Borrowings ₹2,144 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹308₹179 -41.8% below
Net profit₹130₹96.0 -26.0% below

Interise Trust

INTERISE · Q3 FY26 · Consolidated
M Cap
—
P/E
—
PEG
—
  • 37% of pre-tax profit came from other income and one-off items
₹ CrQoQ Dec 2025Sep 2025
Sales +2.4% 910889
Operating profit +1.4% 655646
OPM % -69 bps 72.0%72.7%
Other income +600.0% 21.03.0
Net profit? -16.2% 31.037.0
PAT margin % -76 bps 3.4%4.2%
EPS (₹) -14.3% 0.300.35

Quality of profit

Core 63%Other income & one-offs 37%

Pre-tax profit ₹57.0 Cr: core business ₹36.0 Cr, other income ₹21.0 Cr.

IRB INFRASTRUCTURE TRUST

IRBIT · Q3 FY26 · Consolidated
M Cap
—
P/E
—
PEG
—
₹ CrQoQ Dec 2025Sep 2025
Sales +214.1% 4,0421,287
Operating profit +396.8% 3,254655
OPM % +2961 bps 80.5%50.9%
Other income +159.1% 57.022.0
Net profit? from loss 2,459-87.0
PAT margin % +6760 bps 60.8%-6.8%
EPS (₹) from loss 20.98-0.74

Quality of profit

Core 98%Other income & one-offs 2%

Pre-tax profit ₹2,552 Cr: core business ₹2,495 Cr, other income ₹57.0 Cr.

ICICI Securities

ISEC · Q3 FY26 · Consolidated
M Cap
—
P/E
—
PEG
—
  • Profit +22% above its own trend
  • Operating margin contracted 149 bps YoY
  • Operating cash flow was negative in FY25 despite a profit
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales -2.0%+9.4% 1,5551,4221,586
Operating profit -3.9%+10.4% 1,1231,0171,169
OPM % -149 bps+70 bps 72.2%71.5%73.7%
Other income —+0.0% 1.01.00.0
Net profit? -5.8%+11.8% 475425504
PAT margin % -123 bps+66 bps 30.5%29.9%31.8%
EPS (₹) -6.0%+11.6% 14.5913.0715.52

Quality of profit

Core 100%Other income & one-offs 0%

Pre-tax profit ₹637 Cr: core business ₹635 Cr, other income ₹1.0 Cr, exceptional & other items ₹1.0 Cr.

Core profit YoY: -6.1% · reported profit -5.8%

Cash & debt

FY25 cash from operations −₹1,779 Cr: -92% of FY25 net profit of ₹1,941 Cr.

Borrowings ₹21,083 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹1,399₹1,555 +11.1% above
Net profit₹389₹475 +22.0% above

JB Chemicals & Pharmaceuticals Limited

JBCHEPHARM · Q3 FY26 · Consolidated
M Cap
—
P/E
—
PEG
—
  • Operating margin expanded 137 bps YoY
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales +10.5%-1.9% 1,0651,085963
Operating profit +16.2%-4.5% 296310255
OPM % +137 bps-75 bps 27.8%28.5%26.4%
Other income +128.5%+19.2% 18.315.38.0
Net profit? +21.8%-4.8% 198208162
PAT margin % +172 bps-57 bps 18.6%19.2%16.9%
EPS (₹) +20.7%-5.0% 12.6313.2910.46

Quality of profit

Core 93%Other income & one-offs 7%

Pre-tax profit ₹267 Cr: core business ₹249 Cr, other income ₹18.3 Cr.

Core profit YoY: +18.4% · reported profit +21.8%

Cash & debt

FY25 cash from operations ₹902 Cr: 137% of FY25 net profit of ₹660 Cr.

Borrowings ₹28.0 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹1,055₹1,065 +0.9% in line
Net profit₹191₹198 +3.9% in line
📊 Investor presentation (16 Jan)

Jaiprakash Associates Limited

JPASSOCIAT · Q3 FY26 · Consolidated
M Cap
—
P/E
—
PEG
—
  • Operating margin contracted 1165 bps YoY
  • Exceptional items of ₹-318 Cr in the quarter
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales -51.3%+6.1% 7266851,491
Operating profit to lossloss widened -80.9-40.77.5
OPM % -1165 bps-520 bps -11.1%-5.9%0.5%
Other income -10.0%-32.3% 39.157.843.5
Net profit? loss narrowedloss widened -693-74.9-768
PAT margin % -4397 bps-8456 bps -95.5%-10.9%-51.5%
EPS (₹) loss narrowedloss widened -2.80-0.28-3.12

Quality of profit

Pre-tax profit −₹691 Cr: core business −₹412 Cr, other income ₹39.1 Cr, exceptional & other items −₹317 Cr.

Core profit YoY: loss narrowed

Cash & debt

FY25 cash from operations ₹558 Cr.

Borrowings ₹17,467 Cr at Sep 2025, against ₹18,497 Cr at Mar 2025 (-6%).

Against its own trend ?

TrendActualGap
Sales₹862₹726 -15.8% below

Kalyani Commercials Limited

KALYANI · Q3 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • 40% of pre-tax profit came from other income and one-off items
₹ CrQoQ Dec 2025Sep 2025
Sales +53.1% 181118
Operating profit +11.0% 2.42.2
OPM % -51 bps 1.3%1.8%
Other income -28.9% 0.30.5
Net profit +162.5% 0.60.2
PAT margin % +14 bps 0.3%0.2%
EPS (₹) +162.5% 6.302.40

Quality of profit

Core 60%Other income & one-offs 40%

Pre-tax profit ₹0.8 Cr: core business ₹0.5 Cr, other income ₹0.3 Cr.

Krishna Fil. Ind

KRISNAFILA · Q3 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales —— 0.00.00.0
Operating profit loss narrowed— -0.0-0.0-0.0
Other income -100.0%— 0.00.00.0
Net profit —— -0.0-0.0-0.0
EPS (₹) —— -0.03-0.03-0.03

Quality of profit

Pre-tax profit −₹0.0 Cr: core business −₹0.0 Cr, other income ₹0.0 Cr.

Core profit YoY: loss narrowed

Cash & debt

FY25 cash from operations ₹0.0 Cr.

Borrowings ₹2.9 Cr at Mar 2025.

K S Oils Limited

KSOILS · Q3 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
₹ CrQoQ Dec 2025Sep 2025
Sales — 36.51.3
Operating profit loss narrowed -1.0-1.6
OPM % — -2.8%—
Other income +67.4% 0.70.4
Net profit loss widened -6.9-5.2
PAT margin % — -18.8%—
EPS (₹) loss widened -0.15-0.11

Quality of profit

Pre-tax profit −₹6.9 Cr: core business −₹7.6 Cr, other income ₹0.7 Cr.

LEEL Electricals Limited

LEEL · Q3 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • 26% of pre-tax profit came from other income and one-off items
₹ CrQoQ Dec 2025Sep 2025
Sales +20.6% 5.74.8
Operating profit +85.7% 1.20.6
OPM % +716 bps 20.4%13.3%
Other income — 0.20.0
Net profit +60.5% 0.70.4
PAT margin % +299 bps 12.0%9.1%
EPS (₹) +54.5% 0.170.11

Quality of profit

Core 74%Other income & one-offs 26%

Pre-tax profit ₹0.7 Cr: core business ₹0.5 Cr, other income ₹0.2 Cr.

Lypsa Gems & Jewellery Limited

LYPSAGEMS · Q3 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Profit +999% above its own trend
  • Operating margin expanded 162 bps YoY
  • 94% of pre-tax profit came from other income and one-off items
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales -21.8%-35.3% 4.67.25.9
Operating profit +85.7%-13.3% 0.10.10.1
OPM % +162 bps+71 bps 2.8%2.1%1.2%
Other income —— 1.20.00.0
Net profit —— 1.30.10.0
PAT margin % +2699 bps+2576 bps 27.2%1.4%0.2%
EPS (₹) —— 0.430.030.00

Quality of profit

Core 6%Other income & one-offs 94%

Pre-tax profit ₹1.3 Cr: core business ₹0.1 Cr, other income ₹1.2 Cr.

Core profit YoY: +300.0%

Cash & debt

FY25 cash from operations −₹6.8 Cr.

Borrowings ₹13.0 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹11.9₹4.6 -60.9% below
Net profit₹0.0₹1.3 +999.0% above

MIRC Electronics Limited

MIRCELECTR · Q3 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Operating margin contracted 258 bps YoY
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales +26.9%+30.1% 212163167
Operating profit loss widenedloss narrowed -8.0-17.0-2.0
OPM % -258 bps+666 bps -3.8%-10.4%-1.2%
Other income -66.7%-95.5% 1.022.03.0
Net profit loss widenedloss widened -13.0-2.0-5.0
PAT margin % -314 bps-491 bps -6.1%-1.2%-3.0%
EPS (₹) loss widenedloss widened -0.35-0.06-0.19

Quality of profit

Pre-tax profit −₹13.0 Cr: core business −₹14.0 Cr, other income ₹1.0 Cr.

Core profit YoY: loss widened

Cash & debt

FY25 cash from operations ₹31.0 Cr.

Borrowings ₹102 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹108₹212 +96.0% above

Monolithisch India Limited

MONOLITH · Q3 FY26 · Consolidated
M Cap
—
P/E
—
PEG
—
₹ CrQoQ Dec 2025Sep 2025
Sales +33.4% 37.428.0
Operating profit +71.0% 8.55.0
OPM % +503 bps 22.9%17.9%
Other income -61.4% 0.41.0
Net profit? +21.6% 6.15.0
PAT margin % -158 bps 16.3%17.9%
EPS (₹) +43.3% 2.982.08

Quality of profit

Core 95%Other income & one-offs 5%

Pre-tax profit ₹8.1 Cr: core business ₹7.8 Cr, other income ₹0.4 Cr.

Management guidance ?

GuidedSo far
FY28 revenue ₹500–550 Cr to come
FY27 capex about ₹10–15 Cr to come
What management said
  • FY28 revenue: “Sir, we are looking at a revenue target of roughly around INR500 crores to INR550 crores for FY28.” (02 Oct 2026, transcript)
  • FY27 capex: “Yes, around INR10 crores, INR15 crores in FY27 on the land part and the developments that are going to happen in that to new projects.” (02 Oct 2026, transcript)

NDR INVIT Trust

NDRINVIT · Q3 FY26 · Consolidated
M Cap
—
P/E
—
PEG
—
  • Profit -50% below its own trend
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales +33.5%-89.8% 1061,03679.3
Operating profit +33.7%-89.8% 93.291169.7
OPM % +12 bps+13 bps 88.0%87.9%87.9%
Other income +52.1%-93.0% 2.839.61.8
Net profit? -10.7%-90.9% 33.336637.3
PAT margin % -1557 bps-391 bps 31.4%35.3%47.0%
EPS (₹) -13.5%-11.7% 0.830.940.96

Quality of profit

Core 93%Other income & one-offs 7%

Pre-tax profit ₹42.3 Cr: core business ₹39.5 Cr, other income ₹2.8 Cr.

Core profit YoY: -5.4% · reported profit -10.7%

Cash & debt

FY25 cash from operations ₹280 Cr: 205% of FY25 net profit of ₹137 Cr.

Borrowings ₹1,465 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹159₹106 -33.2% below
Net profit₹67.1₹33.3 -50.4% below

National Highways Infra Trust

NHIT · Q3 FY26 · Consolidated
M Cap
—
P/E
—
PEG
—
  • Profit +215% above its own trend
  • Operating margin contracted 255 bps YoY
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales +88.4%+10.2% 1,1041,002586
Operating profit +82.8%+15.9% 927800507
OPM % -255 bps+413 bps 84.0%79.8%86.5%
Other income -20.0%+0.0% 12.012.015.0
Net profit? +437.0%+120.5% 24711246.0
PAT margin % +1452 bps+1120 bps 22.4%11.2%7.8%
EPS (₹) +265.7%+120.7% 1.280.580.35

Quality of profit

Core 92%Other income & one-offs 8%

Pre-tax profit ₹155 Cr: core business ₹143 Cr, other income ₹12.0 Cr.

Core profit YoY: +320.6% · reported profit +437.0%

Cash & debt

FY25 cash from operations ₹2,099 Cr: 646% of FY25 net profit of ₹325 Cr.

Borrowings ₹21,680 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹1,049₹1,104 +5.2% above
Net profit₹78.3₹247 +215.5% above

Nitin Fire Protection Industries Limited

NITINFIRE · Q3 FY26 · Consolidated
M Cap
—
P/E
—
PEG
—
  • All of pre-tax profit came from other income or one-off items
₹ CrQoQ Dec 2025Sep 2025
Sales +28.3% 7.15.5
Operating profit loss narrowed -0.5-1.4
OPM % +1762 bps -6.8%-24.4%
Other income -86.8% 1.18.7
Net profit? -93.6% 0.57.2
PAT margin % — 6.5%—
EPS (₹) -92.0% 0.020.25

Quality of profit

Pre-tax profit ₹0.6 Cr: core business −₹0.6 Cr, other income ₹1.1 Cr.

Nxt-Infra Trust

NXT-INFRA · Q3 FY26 · Consolidated
M Cap
—
P/E
—
PEG
—
  • All of pre-tax profit came from other income or one-off items
₹ CrQoQ Dec 2025Sep 2025
Sales +894.9% 75976.3
Operating profit +841.2% 50553.6
OPM % -379 bps 66.5%70.3%
Other income +289.7% 23159.2
Net profit? +185.8% 13145.7
PAT margin % -4264 bps 17.2%59.8%
EPS (₹) -71.2% 0.461.60

Quality of profit

Pre-tax profit ₹141 Cr: core business −₹89.6 Cr, other income ₹231 Cr.

How to read this page

The numbers. Each card is one company's Q3 FY26 results as filed with NSE or BSE, read from the filing within hours of its release, in ₹ crore. We show the consolidated statement, or the standalone one when the consolidated figures are a copy of it or have no year-ago quarter to compare with. YoY compares with the same quarter a year earlier and QoQ with the quarter before (the previous half-year for companies that report every six months). A swing between profit and loss is described in words: a percentage across it would mislead.

Net profit. On a consolidated statement, net profit is the profit of the whole group for the quarter, before minority interest. A company's own headline, and the AI read of its filing, often quote the profit attributable to its shareholders instead, which is lower when subsidiaries are partly owned: Larsen & Toubro's Q1 FY27 group profit was ₹4,988 Cr, of which ₹4,123 Cr belonged to its shareholders. EPS is worked out on that attributable profit, so EPS and net profit need not grow at the same rate. On a standalone statement the two are the same.

Margins. Operating margin (OPM) is operating profit, before depreciation, interest and other income, as a share of sales; PAT margin is net profit as a share of sales. Their changes are in basis points (100 bps = 1 percentage point).

Quality of profit. Core profit is operating profit minus interest and depreciation: what the business itself earned before tax. The rest of pre-tax profit is other income (interest on cash, dividends, gains on investments) and exceptional or one-off items. We flag a quarter when that share is 25% or more, and when reported profit grew much faster than core profit. For banks we compare pre-provision profit with net profit, since a fall in provisions can lift profit without the business growing.

Against its own trend. We do not have analyst consensus estimates, and we do not make them up. Instead each company is measured against the path it was on: the same quarter last year, grown at the median of its last four year-on-year growth rates (held between −50% and +100%; at least two growth rates needed). Sales 5% or more above that, or net profit 10% or more above, is "above trend"; as far below is "below trend". It answers "was this quarter better or worse than the company's own recent run?", which consensus does not.

Cash and debt. Profit is an accounting figure; cash is harder to dress up. For each company we show its operating cash flow for the last financial year as a share of that year's net profit (flagged under 50%, or when it is negative despite a profit), and its borrowings at the latest balance sheet against the one six months earlier (flagged at a 25% move). Balance sheets come with the September and March results, the year's cash-flow statement with the March results and the half-year's (April to September) with the September results.

Management guidance. When a company files the transcript of its earnings call, we read what its management said to expect: revenue or profit growth, margins, capex and the like, for this financial year or part of it. A figure is kept only when the sentence that states it is found in the transcript, and you can read it under "What management said". Growth and margins are then set beside the actual so far: the year-to-date quarters against the same quarters a year earlier (so the first half is measured against a full-year figure). Within 1 percentage point of the range for growth, or 0.5 for margins, is "on track"; above it "ahead", below it "behind". A new figure for the same period is marked raised or cut against the one before. This is what management said, not a forecast of ours.

Working capital. Inventory, trade receivables and trade payables from the same balance sheets, each also as days of sales (the amount against the twelve months' sales to that date, times 365). Receivables or inventory that grow 25 points or more faster than sales between two balance sheets (and by at least 20%) are flagged: money tied up in customers and stock is profit not yet in cash. These lines are read from filings since the September 2026 results, so comparisons with an earlier balance sheet start with the March 2027 results for most companies.

Price since results. The latest close against the last close before the filing (a filing after 3:30 pm counts from the next session). It is a fact about the market's reaction, not advice.

Market cap groups. Large cap is the 100 largest companies by market value and mid cap the next 150 (SEBI's ranking); below that, small cap is ₹5,000 Cr or more, micro cap ₹500 Cr or more, nano cap below.

Results calendarWho reports results today, tomorrow and this week. Strong quarterly resultsCompanies whose latest quarter showed profit up 30% or more. Live announcementsEvery NSE/BSE filing with an AI read, as it arrives. Company fundamentalsTen years of quarterly and annual financials.
⚠️ How this site is made: Market data pages are computed automatically from NSE/BSE publications and company filings; news articles and announcement analyses are written with AI assistance, with a human in the loop: our editors review what the AI produces. Both can contain errors. Verify with the original sources before any investment decision. Not investment advice; Flash Finance is not SEBI-registered. How we use AI