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 13 Oct 2026, 21:52 IST 4316 declared
The next results season has started: 45 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

1051 matching results 1051

Page 20 of 36

Chowgule Steamships Ltd

501833 · Q3 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Profit +152% above its own trend
  • Operating margin contracted 3850 bps YoY
  • 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 -18.2%+6.6% 0.80.81.0
Operating profit loss widenedloss widened -0.5-0.1-0.2
OPM % -3850 bps-5252 bps -61.7%-9.2%-23.2%
Other income +33.8%+130.2% 1.00.40.7
Net profit +26.1%+81.2% 0.30.20.2
PAT margin % +1257 bps+1475 bps 35.8%21.1%23.2%
EPS (₹) +33.3%+100.0% 0.080.040.06

Quality of profit

Pre-tax profit ₹0.4 Cr: core business −₹0.6 Cr, other income ₹1.0 Cr.

Core profit YoY: loss widened · reported profit +26.1%

Cash & debt

FY25 cash from operations −₹4.3 Cr: -330% of FY25 net profit of ₹1.3 Cr.

Borrowings nil at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹0.9₹0.8 -9.4% below
Net profit₹0.1₹0.3 +152.2% above

ASI Industries Ltd

502015 · Q3 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Profit -10% below its own trend
  • Operating margin contracted 294 bps YoY
  • 32% of pre-tax profit came from other income and one-off items
  • Operating cash flow was negative in FY25 despite a profit
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales +3.0%+146.6% 50.720.649.2
Operating profit -7.3%from loss 13.5-1.914.6
OPM % -294 bps+3580 bps 26.7%-9.1%29.7%
Other income +5.4%+25.6% 5.54.45.2
Net profit +1.0%— 12.30.812.2
PAT margin % -48 bps+2032 bps 24.3%3.9%24.7%
EPS (₹) +1.5%— 1.370.091.35

Quality of profit

Core 68%Other income & one-offs 32%

Pre-tax profit ₹17.4 Cr: core business ₹11.9 Cr, other income ₹5.5 Cr.

Core profit YoY: -8.4% · reported profit +1.0%

Cash & debt

FY25 cash from operations −₹3.0 Cr: -12% of FY25 net profit of ₹25.4 Cr.

Borrowings ₹31.0 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹47.6₹50.7 +6.6% above
Net profit₹13.7₹12.3 -10.3% below

Nath Industries Ltd

502587 · Q3 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Profit -94% below its own trend
  • Operating margin contracted 487 bps YoY
  • All of pre-tax profit came from other income or one-off items
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales +2.0%-8.1% 117127114
Operating profit -65.4%-56.9% 2.96.88.4
OPM % -487 bps-282 bps 2.5%5.3%7.4%
Other income +27.0%+1.9% 2.72.72.1
Net profit -88.8%-87.3% 0.64.45.0
PAT margin % -390 bps-298 bps 0.5%3.5%4.4%
EPS (₹) -89.0%-87.5% 0.292.322.64

Quality of profit

Pre-tax profit ₹0.6 Cr: core business −₹2.2 Cr, other income ₹2.7 Cr.

Core profit YoY: to loss · reported profit -88.8%

Cash & debt

FY25 cash from operations ₹14.0 Cr: 144% of FY25 net profit of ₹9.7 Cr.

Borrowings ₹124 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹161₹117 -27.6% below
Net profit₹10.0₹0.6 -94.4% below

Forbes & Company Ltd

502865 · Q3 FY26 · Consolidated
M Cap
—
P/E
—
PEG
—
  • Profit -76% below its own trend
  • Operating margin expanded 832 bps YoY
  • 52% of pre-tax profit came from other income and one-off items
  • Operating cash flow was negative in FY25 despite a profit
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales -55.8%-4.8% 17.818.740.2
Operating profit -13.2%+5.2% 3.02.93.5
OPM % +832 bps+162 bps 17.0%15.3%8.7%
Other income -75.0%-59.0% 2.56.210.2
Net profit? -55.9%-33.8% 4.26.39.5
PAT margin % -7 bps-1031 bps 23.5%33.9%23.6%
EPS (₹) -55.8%-33.8% 3.254.917.36

Quality of profit

Core 48%Other income & one-offs 52%

Pre-tax profit ₹4.9 Cr: core business ₹2.3 Cr, other income ₹2.5 Cr.

Core profit YoY: -17.9% · reported profit -55.9%

Cash & debt

FY25 cash from operations −₹11.0 Cr: -9% of FY25 net profit of ₹123 Cr.

Borrowings ₹5.0 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹33.1₹17.8 -46.2% below
Net profit₹17.3₹4.2 -75.8% below

HP Cotton Textile Mills Ltd

502873 · Q3 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Profit +62% above its own trend
  • 59% of pre-tax profit came from other income and one-off items
  • Core business grew faster than reported profit (core profit +164%)
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales +2.8%-2.5% 33.634.532.6
Operating profit +8.4%-0.7% 2.82.92.6
OPM % +43 bps+15 bps 8.4%8.3%8.0%
Other income +107.7%-22.9% 0.50.70.3
Net profit +124.1%-17.7% 0.70.80.3
PAT margin % +105 bps-36 bps 1.9%2.3%0.9%
EPS (₹) +124.3%-17.4% 1.662.010.74

Quality of profit

Core 41%Other income & one-offs 59%

Pre-tax profit ₹0.9 Cr: core business ₹0.4 Cr, other income ₹0.5 Cr.

Core profit YoY: +164.3% · reported profit +124.1%

Cash & debt

FY25 cash from operations ₹7.0 Cr: 271% of FY25 net profit of ₹2.6 Cr.

Borrowings ₹40.0 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹43.9₹33.6 -23.5% below
Net profit₹0.4₹0.7 +62.4% above

United Interactive Ltd

502893 · Q3 FY26 · Consolidated
M Cap
—
P/E
—
PEG
—
  • Profit -69% 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 —— 0.00.00.0
Operating profit loss widenedloss widened -0.6-0.3-0.4
Other income +6.1%-27.5% 0.91.20.8
Net profit? -38.5%-76.5% 0.20.70.3
EPS (₹) -36.7%-78.3% 0.381.750.60

Quality of profit

Pre-tax profit ₹0.2 Cr: core business −₹0.7 Cr, other income ₹0.9 Cr.

Core profit YoY: loss widened · reported profit -38.5%

Cash & debt

FY25 cash from operations −₹2.4 Cr: -108% of FY25 net profit of ₹2.2 Cr.

Borrowings nil at Mar 2025.

Against its own trend ?

TrendActualGap
Net profit₹0.5₹0.2 -69.2% below

Pasupati Spinning & Weaving Mills Ltd

503092 · Q3 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Profit -83% below its own trend
  • 34% of pre-tax profit came from other income and one-off items
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales -2.4%+0.0% 24.724.725.3
Operating profit -10.9%+0.0% 1.91.92.1
OPM % -72 bps+0 bps 7.6%7.6%8.3%
Other income -41.2%+0.0% 0.10.10.2
Net profit -65.3%+0.0% 0.20.20.5
PAT margin % -125 bps+0 bps 0.7%0.7%1.9%
EPS (₹) -65.4%+0.0% 0.180.180.52

Quality of profit

Core 66%Other income & one-offs 34%

Pre-tax profit ₹0.3 Cr: core business ₹0.2 Cr, other income ₹0.1 Cr.

Core profit YoY: -63.5% · reported profit -65.3%

Cash & debt

FY25 cash from operations ₹4.4 Cr: 497% of FY25 net profit of ₹0.9 Cr.

Borrowings ₹54.0 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹25.1₹24.7 -1.8% in line
Net profit₹1.0₹0.2 -82.7% below

Raja Bahadur International Ltd

503127 · Q3 FY26 · Consolidated
M Cap
—
P/E
—
PEG
—
  • Profit +56% above its own trend
  • Operating margin contracted 1879 bps YoY
  • All of pre-tax profit came from other income or one-off items
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales +9.6%+5.9% 7.47.06.8
Operating profit -23.0%-25.3% 3.34.44.3
OPM % -1879 bps-1848 bps 44.3%62.8%63.1%
Other income +959.1%+258.5% 2.30.70.2
Net profit? +25.7%+22.4% 0.90.80.7
PAT margin % +160 bps+169 bps 12.6%10.9%11.0%
EPS (₹) +25.7%+22.4% 37.2030.4029.60

Quality of profit

Pre-tax profit ₹1.2 Cr: core business −₹1.1 Cr, other income ₹2.3 Cr.

Core profit YoY: to loss · reported profit +25.7%

Cash & debt

FY25 cash from operations ₹12.8 Cr.

Borrowings ₹213 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹7.0₹7.4 +6.0% above
Net profit₹0.6₹0.9 +56.5% above

Zodiac Ventures Ltd

503641 · Q3 FY26 · Consolidated
M Cap
—
P/E
—
PEG
—
  • Profit -27% below its own trend
  • All of pre-tax profit came from other income or one-off items
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales +73.2%+86.4% 1.20.70.7
Operating profit -63.0%-37.5% 0.40.61.1
OPM % —-6445 bps 32.5%97.0%—
Other income —+88.9% 0.50.30.0
Net profit? +45.5%+10.3% 0.30.30.2
PAT margin % -497 bps-1792 bps 26.0%43.9%31.0%
EPS (₹) +33.3%+0.0% 0.040.040.03

Quality of profit

Pre-tax profit ₹0.5 Cr: core business −₹0.0 Cr, other income ₹0.5 Cr.

Core profit YoY: to loss · reported profit +45.5%

Cash & debt

FY25 cash from operations ₹3.3 Cr: 398% of FY25 net profit of ₹0.8 Cr.

Borrowings ₹27.5 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹1.4₹1.2 -13.4% below
Net profit₹0.4₹0.3 -27.3% below

Veer Energy & Infrastructure Ltd

503657 · Q3 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Profit +341% above its own trend
  • Operating margin contracted 3699 bps YoY
  • 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 -78.0%-79.6% 0.52.52.4
Operating profit loss widenedloss widened -0.2-0.2-0.1
OPM % -3699 bps-3411 bps -40.4%-6.3%-3.4%
Other income +133.3%+31.2% 0.80.60.4
Net profit +414.3%+140.0% 0.40.10.1
PAT margin % +6626 bps+6335 bps 69.2%5.9%3.0%
EPS (₹) +380.0%+140.0% 0.240.100.05

Quality of profit

Pre-tax profit ₹0.5 Cr: core business −₹0.4 Cr, other income ₹0.8 Cr.

Core profit YoY: loss widened · reported profit +414.3%

Cash & debt

FY25 cash from operations −₹4.6 Cr: -2700% of FY25 net profit of ₹0.2 Cr.

Borrowings nil at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹1.6₹0.5 -68.3% below
Net profit₹0.1₹0.4 +340.8% above

Tilak Ventures Ltd

503663 · Q3 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Profit -82% below its own trend
  • All of pre-tax profit came from other income or one-off items
  • FY25 operating cash flow was only 27% of profit
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales +244.1%-67.8% 2.06.30.6
Operating profit loss widenedto loss -2.11.8-0.4
Other income +84.7%+17.9% 2.82.41.5
Net profit -81.7%-95.0% 0.23.40.9
PAT margin % —-4535 bps 8.4%53.7%—
EPS (₹) -100.0%-100.0% 0.000.030.01

Quality of profit

Pre-tax profit ₹0.6 Cr: core business −₹2.1 Cr, other income ₹2.8 Cr.

Core profit YoY: loss widened · reported profit -81.7%

Cash & debt

FY25 cash from operations ₹1.7 Cr: 27% of FY25 net profit of ₹6.3 Cr.

Borrowings ₹8.0 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹0.7₹2.0 +200.6% above
Net profit₹0.9₹0.2 -81.7% below

Shri Dinesh Mills Ltd

503804 · Q3 FY26 · Consolidated
M Cap
—
P/E
—
PEG
—
  • Profit +189% above its own trend
  • Operating margin contracted 821 bps YoY
  • All of pre-tax profit came from other income or one-off items
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales -4.1%-9.8% 15.617.316.2
Operating profit -87.6%-91.6% 0.22.31.5
OPM % -821 bps-1187 bps 1.2%13.1%9.4%
Other income +234.9%+198.3% 3.51.21.1
Net profit? +250.0%+19.1% 2.31.90.7
PAT margin % +1078 bps+361 bps 14.8%11.2%4.1%
EPS (₹) +120.3%+22.3% 4.123.371.87

Quality of profit

Pre-tax profit ₹2.8 Cr: core business −₹0.7 Cr, other income ₹3.5 Cr.

Core profit YoY: to loss · reported profit +250.0%

Cash & debt

FY25 cash from operations ₹14.2 Cr: 178% of FY25 net profit of ₹8.0 Cr.

Borrowings ₹4.8 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹13.7₹15.6 +13.4% above
Net profit₹0.8₹2.3 +188.7% above

Swadeshi Polytex Ltd

503816 · Q3 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Profit -12% 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%-100.0% 0.00.00.3
Operating profit loss widenedloss widened -0.8-0.7-0.4
Other income +8.5%-19.7% 1.92.41.8
Net profit -7.6%-15.4% 1.11.31.2
EPS (₹) -9.7%-15.2% 0.280.330.31

Quality of profit

Pre-tax profit ₹1.1 Cr: core business −₹0.8 Cr, other income ₹1.9 Cr.

Core profit YoY: loss widened · reported profit -7.6%

Cash & debt

FY25 cash from operations −₹6.5 Cr: -288% of FY25 net profit of ₹2.3 Cr.

Borrowings nil at Mar 2025.

Against its own trend ?

TrendActualGap
Net profit₹1.2₹1.1 -11.9% below

Jyoti Ltd

504076 · Q3 FY26 · Consolidated
M Cap
—
P/E
—
PEG
—
  • Profit -68% below its own trend
  • Operating margin contracted 103 bps YoY
  • 26% of pre-tax profit came from other income and one-off items
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales +2.4%-25.1% 53.171.051.9
Operating profit -14.5%-59.7% 2.86.93.2
OPM % -103 bps-449 bps 5.2%9.7%6.3%
Other income -60.2%+17.9% 0.70.61.7
Net profit? -35.7%-61.0% 2.56.53.9
PAT margin % -281 bps-436 bps 4.7%9.1%7.6%
EPS (₹) -35.9%-61.1% 1.092.801.70

Quality of profit

Core 74%Other income & one-offs 26%

Pre-tax profit ₹2.5 Cr: core business ₹1.9 Cr, other income ₹0.7 Cr.

Core profit YoY: -17.7% · reported profit -35.7%

Cash & debt

FY25 cash from operations ₹16.0 Cr: 99% of FY25 net profit of ₹16.2 Cr.

Borrowings ₹221 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹85.7₹53.1 -38.0% below
Net profit₹7.8₹2.5 -67.9% below

JSL Industries Ltd

504080 · Q3 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Profit +49% above its own trend
  • Operating margin contracted 292 bps YoY
  • 42% of pre-tax profit came from other income and one-off items
  • Operating cash flow was negative in FY25 despite a profit
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales -1.6%+4.4% 13.813.214.0
Operating profit -25.3%+16.5% 1.31.11.7
OPM % -292 bps+96 bps 9.2%8.3%12.2%
Other income —+48.8% 0.60.40.1
Net profit -25.3%-22.9% 0.71.01.0
PAT margin % -170 bps-191 bps 5.4%7.3%7.1%
EPS (₹) -25.3%-23.0% 6.308.188.43

Quality of profit

Core 58%Other income & one-offs 42%

Pre-tax profit ₹1.4 Cr: core business ₹0.8 Cr, other income ₹0.6 Cr.

Core profit YoY: -35.9% · reported profit -25.3%

Cash & debt

FY25 cash from operations −₹0.2 Cr: -2% of FY25 net profit of ₹6.5 Cr.

Borrowings ₹2.7 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹14.2₹13.8 -3.4% in line
Net profit₹0.5₹0.7 +49.5% above

Indokem Ltd

504092 · Q3 FY26 · Consolidated
M Cap
—
P/E
—
PEG
—
  • Operating margin contracted 282 bps YoY
  • All of pre-tax profit came from other income or one-off items
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales -3.2%+4.3% 42.040.343.4
Operating profit -87.2%-85.1% 0.21.21.4
OPM % -282 bps-257 bps 0.4%3.0%3.2%
Other income +220.0%+285.2% 2.10.50.7
Net profit? -45.2%-2.4% 0.40.40.7
PAT margin % -73 bps-7 bps 1.0%1.0%1.7%
EPS (₹) -44.4%+0.0% 0.150.150.27

Quality of profit

Pre-tax profit ₹0.4 Cr: core business −₹1.7 Cr, other income ₹2.1 Cr.

Core profit YoY: to loss · reported profit -45.2%

Cash & debt

FY25 cash from operations ₹5.0 Cr: 159% of FY25 net profit of ₹3.1 Cr.

Borrowings ₹22.0 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹47.8₹42.0 -12.1% below

Empower India Ltd

504351 · Q3 FY26 · Consolidated
M Cap
—
P/E
—
PEG
—
  • All of pre-tax profit came from other income or one-off items
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales +100.0%+37.1% 48.035.024.0
Operating profit —-100.0% 0.03.00.0
OPM % +0 bps-857 bps 0.0%8.6%0.0%
Other income +0.0%— 1.00.01.0
Net profit? +0.0%-66.7% 1.03.01.0
PAT margin % -208 bps-649 bps 2.1%8.6%4.2%
EPS (₹) +0.0%-50.0% 0.010.020.01

Quality of profit

Core 0%Other income & one-offs 100%

Pre-tax profit ₹1.0 Cr: core business ₹0.0 Cr, other income ₹1.0 Cr.

Core profit YoY: — · reported profit +0.0%

Cash & debt

FY25 cash from operations ₹18.0 Cr: 360% of FY25 net profit of ₹5.0 Cr.

Borrowings ₹21.0 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹17.7₹48.0 +171.9% above
Net profit₹0.9₹1.0 +9.1% in line

IDream Film Infrastructure Company Ltd

504375 · Q3 FY26 · Consolidated
M Cap
—
P/E
—
PEG
—
  • Turnaround: profit against a loss a year ago
  • All of pre-tax profit came from other income or one-off items
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales —— 0.00.00.0
Operating profit loss widenedloss widened -0.1-0.0-0.0
Other income —— 2.60.00.0
Net profit? from lossfrom loss 2.5-0.1-0.1
EPS (₹) from lossfrom loss 166.67-3.33-4.00

Quality of profit

Pre-tax profit ₹2.5 Cr: core business −₹0.1 Cr, other income ₹2.6 Cr.

Core profit YoY: loss widened

Cash & debt

FY25 cash from operations −₹0.1 Cr.

Borrowings ₹4.0 Cr at Mar 2025.

Flomic Global Logistics Ltd

504380 · Q3 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Profit -19% below its own trend
  • 42% of pre-tax profit came from other income and one-off items
  • Profit grew faster than the core business (core profit -56%)
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales -19.3%-4.5% 109114135
Operating profit -16.0%+10.6% 9.58.611.3
OPM % +35 bps+119 bps 8.8%7.6%8.4%
Other income -51.7%+0.0% 0.30.30.6
Net profit -31.9%from loss 0.8-1.01.1
PAT margin % -13 bps+160 bps 0.7%-0.9%0.8%
EPS (₹) -32.3%from loss 0.42-0.560.62

Quality of profit

Core 58%Other income & one-offs 42%

Pre-tax profit ₹0.7 Cr: core business ₹0.4 Cr, other income ₹0.3 Cr.

Core profit YoY: -56.0% · reported profit -31.9%

Cash & debt

FY25 cash from operations ₹17.0 Cr: 462% of FY25 net profit of ₹3.7 Cr.

Borrowings ₹114 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹140₹109 -22.7% below
Net profit₹1.0₹0.8 -19.5% below

Uni Abex Alloy Products Ltd

504605 · Q3 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Profit -10% below its own trend
  • Operating margin contracted 600 bps YoY
  • 29% of pre-tax profit came from other income and one-off items
  • Profit grew faster than the core business (core profit -29%)
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales +9.5%-17.9% 46.056.042.0
Operating profit -25.0%-60.0% 6.015.08.0
OPM % -600 bps-1374 bps 13.0%26.8%19.0%
Other income +200.0%+50.0% 3.02.01.0
Net profit +0.0%-54.5% 5.011.05.0
PAT margin % -104 bps-877 bps 10.9%19.6%11.9%
EPS (₹) +3.4%-51.2% 27.7056.7126.78

Quality of profit

Core 71%Other income & one-offs 29%

Pre-tax profit ₹7.0 Cr: core business ₹5.0 Cr, other income ₹3.0 Cr, exceptional & other items −₹1.0 Cr.

Core profit YoY: -28.6% · reported profit +0.0%

Cash & debt

FY25 cash from operations ₹35.0 Cr: 106% of FY25 net profit of ₹33.0 Cr.

Borrowings ₹13.0 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹44.6₹46.0 +3.1% in line
Net profit₹5.6₹5.0 -10.4% below

Bombay Wire Ropes Ltd

504648 · Q3 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Turnaround: profit against a loss a year ago
  • All of pre-tax profit came from other income or one-off items
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales —— 0.00.00.0
Operating profit —loss widened -0.1-0.1-0.1
Other income +750.0%+41.7% 0.20.10.0
Net profit from lossfrom loss 0.0-0.0-0.1
EPS (₹) from lossfrom loss 0.04-0.02-0.24

Quality of profit

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

Cash & debt

FY25 cash from operations −₹1.3 Cr.

Borrowings ₹0.1 Cr at Mar 2025.

Azad India Mobility Ltd

504731 · Q3 FY26 · Consolidated
M Cap
—
P/E
—
PEG
—
  • Turnaround: profit against a loss a year ago
  • 70% of pre-tax profit came from other income and one-off items
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales —+44.8% 28.719.80.0
Operating profit from loss+380.0% 0.20.1-0.4
OPM % —+58 bps 0.8%0.3%—
Other income +119.0%+119.0% 0.50.20.2
Net profit? from loss+187.0% 0.70.2-0.2
PAT margin % —+114 bps 2.3%1.2%—
EPS (₹) from loss+200.0% 0.120.04-0.08

Quality of profit

Core 30%Other income & one-offs 70%

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

Core profit YoY: from loss

Cash & debt

FY25 cash from operations −₹51.0 Cr.

Borrowings ₹2.6 Cr at Mar 2025.

Informed Technologies India Ltd

504810 · Q3 FY26 · Consolidated
M Cap
—
P/E
—
PEG
—
  • Turnaround: profit against a loss a year ago
  • 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 -44.7%-44.7% 0.20.40.4
Operating profit loss widenedloss widened -0.6-0.3-0.4
Other income from loss-5.8% 1.31.4-0.5
Net profit? from loss-64.9% 0.30.9-0.9
EPS (₹) from loss-64.9% 0.792.25-2.21

Quality of profit

Pre-tax profit ₹0.6 Cr: core business −₹0.7 Cr, other income ₹1.3 Cr.

Core profit YoY: loss widened

Cash & debt

FY25 cash from operations −₹1.3 Cr: -95% of FY25 net profit of ₹1.3 Cr.

Borrowings ₹0.2 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹0.2₹0.2 -10.9% below

Kaira Can Company Ltd

504840 · Q3 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Into loss: a profit a year ago
  • Profit -121% below its own trend
  • 26% of pre-tax profit came from other income and one-off items
  • Operating cash flow was negative in FY25 despite a profit
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales -4.0%-5.0% 53.055.755.1
Operating profit -20.1%-10.9% 1.31.51.6
OPM % -50 bps-16 bps 2.5%2.6%3.0%
Other income -79.5%+80.0% 0.10.10.4
Net profit to lossto loss -0.10.40.6
PAT margin % -142 bps-98 bps -0.3%0.7%1.2%
EPS (₹) to lossto loss -1.524.346.94

Quality of profit

Core 74%Other income & one-offs 26%

Pre-tax profit ₹0.3 Cr: core business ₹0.3 Cr, other income ₹0.1 Cr.

Core profit YoY: -68.7%

Cash & debt

FY25 cash from operations −₹1.0 Cr: -26% of FY25 net profit of ₹3.8 Cr.

Borrowings ₹4.0 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹60.6₹53.0 -12.6% below
Net profit₹0.7−₹0.1 -121.1% below

National Standard (India) Ltd

504882 · Q3 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Profit +134% above its own trend
  • Operating margin expanded 429 bps YoY
  • 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 -79.8%-81.6% 3.217.215.7
Operating profit loss narrowedloss narrowed -0.1-0.4-1.0
OPM % +429 bps+19 bps -1.9%-2.1%-6.2%
Other income +5.3%-29.4% 4.46.24.2
Net profit +51.2%-23.7% 3.24.32.1
EPS (₹) +50.0%-23.9% 1.622.131.08

Quality of profit

Pre-tax profit ₹4.3 Cr: core business −₹0.1 Cr, other income ₹4.4 Cr.

Core profit YoY: loss narrowed · reported profit +51.2%

Cash & debt

FY25 cash from operations −₹8.3 Cr: -63% of FY25 net profit of ₹13.2 Cr.

Borrowings nil at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹16.6₹3.2 -80.9% below
Net profit₹1.4₹3.2 +134.3% above

Duncan Engineering Ltd

504908 · Q3 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Profit +146% above its own trend
  • Operating margin expanded 245 bps YoY
  • 42% of pre-tax profit came from other income and one-off items
  • Core business grew faster than reported profit (core profit +135%)
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales -1.8%+7.7% 19.618.220.0
Operating profit +40.7%-9.1% 1.61.81.1
OPM % +245 bps-150 bps 8.1%9.6%5.7%
Other income -6.6%-29.6% 0.60.80.6
Net profit +47.1%-27.0% 1.01.40.7
PAT margin % +175 bps-249 bps 5.2%7.7%3.5%
EPS (₹) +47.6%-26.8% 2.793.811.89

Quality of profit

Core 58%Other income & one-offs 42%

Pre-tax profit ₹1.4 Cr: core business ₹0.8 Cr, other income ₹0.6 Cr.

Core profit YoY: +135.3% · reported profit +47.1%

Cash & debt

FY25 cash from operations ₹6.6 Cr: 127% of FY25 net profit of ₹5.2 Cr.

Borrowings ₹3.0 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹22.5₹19.6 -12.9% below
Net profit₹0.4₹1.0 +146.1% above

Stovec Industries Ltd

504959 · Q3 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Profit -79% below its own trend
  • Operating margin contracted 495 bps YoY
  • All of pre-tax profit came from other income or one-off items
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales -8.2%+25.8% 51.440.956.0
Operating profit -84.2%-71.5% 0.51.93.4
OPM % -495 bps-352 bps 1.0%4.5%6.0%
Other income +49.3%-12.3% 1.01.10.7
Net profit -89.5%-86.7% 0.21.21.5
PAT margin % -242 bps-262 bps 0.3%2.9%2.7%
EPS (₹) -89.5%-86.6% 0.775.757.33

Quality of profit

Pre-tax profit ₹0.2 Cr: core business −₹0.8 Cr, other income ₹1.0 Cr.

Core profit YoY: to loss · reported profit -89.5%

Cash & debt

Borrowings nil at Dec 2025.

Against its own trend ?

TrendActualGap
Sales₹48.9₹51.4 +5.2% above
Net profit₹0.8₹0.2 -79.1% below

Jainex Aamcol Ltd

505212 · Q3 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Profit +200% above its own trend
  • Operating margin expanded 483 bps YoY
  • 41% of pre-tax profit came from other income and one-off items
  • Core business grew faster than reported profit (core profit +750%)
  • Operating cash flow was negative in FY25 despite a profit
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales +3.8%+20.9% 6.85.76.6
Operating profit +130.8%-25.9% 0.60.80.3
OPM % +483 bps-555 bps 8.8%14.3%4.0%
Other income —+140.0% 0.10.10.0
Net profit +500.0%-82.9% 0.10.30.0
PAT margin % +73 bps-532 bps 0.9%6.2%0.2%
EPS (₹) +440.0%-83.0% 0.271.590.05

Quality of profit

Core 59%Other income & one-offs 41%

Pre-tax profit ₹0.3 Cr: core business ₹0.2 Cr, other income ₹0.1 Cr.

Core profit YoY: +750.0% · reported profit +500.0%

Cash & debt

FY25 cash from operations −₹1.2 Cr: -351% of FY25 net profit of ₹0.4 Cr.

Borrowings ₹9.9 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹7.1₹6.8 -3.6% in line
Net profit₹0.0₹0.1 +200.0% above

Lakshmi Engineering And Warehousing Ltd

505302 · Q3 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Turnaround: profit against a loss a year ago
  • Operating margin expanded 2987 bps YoY
  • 60% of pre-tax profit came from other income and one-off items
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales +11.7%-11.8% 3.53.93.1
Operating profit from loss-18.4% 0.91.1-0.1
OPM % +2987 bps-220 bps 27.0%29.2%-2.9%
Other income -6.7%-6.7% 0.30.30.3
Net profit from loss-41.4% 0.30.6-0.2
PAT margin % +1600 bps-498 bps 9.9%14.8%-6.1%
EPS (₹) from loss-41.4% 5.088.67-2.84

Quality of profit

Core 40%Other income & one-offs 60%

Pre-tax profit ₹0.5 Cr: core business ₹0.2 Cr, other income ₹0.3 Cr.

Core profit YoY: from loss

Cash & debt

FY25 cash from operations ₹5.0 Cr: 592% of FY25 net profit of ₹0.8 Cr.

Borrowings ₹10.1 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹2.9₹3.5 +17.1% above

Bimetal Bearings Ltd

505681 · Q3 FY26 · Consolidated
M Cap
—
P/E
—
PEG
—
  • Profit -37% below its own trend
  • 88% of pre-tax profit came from other income and one-off items
  • Core business grew faster than reported profit (core profit +300%)
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales +18.2%-4.8% 63.967.154.1
Operating profit +0.5%-33.3% 2.23.32.2
OPM % -61 bps-149 bps 3.5%5.0%4.1%
Other income +29.4%+72.2% 2.01.11.5
Net profit? -34.7%-13.6% 1.72.02.6
PAT margin % -217 bps-27 bps 2.7%2.9%4.8%
EPS (₹) -34.7%-13.7% 4.475.186.85

Quality of profit

Core 12%Other income & one-offs 88%

Pre-tax profit ₹2.3 Cr: core business ₹0.3 Cr, other income ₹2.0 Cr.

Core profit YoY: +300.0% · reported profit -34.7%

Cash & debt

FY25 cash from operations ₹13.0 Cr: 115% of FY25 net profit of ₹11.3 Cr.

Borrowings ₹9.0 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹57.5₹63.9 +11.1% above
Net profit₹2.7₹1.7 -36.6% below

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, cash-flow statements with the March results.

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.

⚠️ 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