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 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 21 of 36

Brady & Morris Engineering Company Ltd

505690 · Q3 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Profit +29% above its own trend
  • Operating margin contracted 373 bps YoY
  • 26% of pre-tax profit came from other income and one-off items
  • Profit grew faster than the core business (core profit -18%)
  • Operating cash flow was negative in FY25 despite a profit
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales +16.2%+75.6% 22.813.019.6
Operating profit -11.9%+385.5% 2.70.63.0
OPM % -373 bps+747 bps 11.7%4.2%15.4%
Other income +261.9%+16.9% 0.80.70.2
Net profit +3.3%+356.2% 2.20.52.1
PAT margin % -120 bps+591 bps 9.6%3.7%10.8%
EPS (₹) +3.3%+356.8% 9.732.139.42

Quality of profit

Core 74%Other income & one-offs 26%

Pre-tax profit ₹2.9 Cr: core business ₹2.2 Cr, other income ₹0.8 Cr.

Core profit YoY: -18.1% · reported profit +3.3%

Cash & debt

FY25 cash from operations −₹1.0 Cr: -4% of FY25 net profit of ₹24.0 Cr.

Borrowings ₹8.8 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹19.5₹22.8 +16.7% above
Net profit₹1.7₹2.2 +28.6% above

La Tim Metal & Industries Ltd

505693 · Q3 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Profit +416% above its own trend
  • 47% of pre-tax profit came from other income and one-off items
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales +79.1%-3.5% 85.989.048.0
Operating profit +87.6%+4.2% 3.53.31.9
OPM % +18 bps+30 bps 4.0%3.7%3.9%
Other income +54.2%+161.2% 1.30.50.8
Net profit +190.8%+28.6% 1.91.50.7
PAT margin % +84 bps+55 bps 2.2%1.7%1.4%
EPS (₹) +180.0%+27.3% 0.140.110.05

Quality of profit

Core 53%Other income & one-offs 47%

Pre-tax profit ₹2.7 Cr: core business ₹1.4 Cr, other income ₹1.3 Cr.

Core profit YoY: from loss · reported profit +190.8%

Cash & debt

FY25 cash from operations −₹4.0 Cr.

Borrowings ₹43.0 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹51.4₹85.9 +67.2% above
Net profit₹0.4₹1.9 +416.3% above

Satani Bearings Ltd

505703 · Q3 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Turnaround: profit against a loss a year ago
  • 40% of pre-tax profit came from other income and one-off items
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales —— 19.00.00.0
Operating profit from lossfrom loss 0.1-0.0-0.1
OPM % —— 0.5%——
Other income —— 0.10.00.0
Net profit from lossfrom loss 0.1-0.0-0.1
PAT margin % —— 0.8%——
EPS (₹) from lossfrom loss 0.08-0.02-0.23

Quality of profit

Core 60%Other income & one-offs 40%

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

Core profit YoY: from loss

Cash & debt

FY25 cash from operations −₹0.2 Cr.

Borrowings nil at Mar 2025.

Rolcon Engineering Company Ltd

505807 · Q3 FY26 · Consolidated
M Cap
—
P/E
—
PEG
—
  • Turnaround: profit against a loss a year ago
  • Operating margin expanded 924 bps YoY
  • 51% of pre-tax profit came from other income and one-off items
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales +0.3%-5.4% 12.913.612.8
Operating profit from loss-54.9% 0.71.6-0.5
OPM % +924 bps-630 bps 5.7%12.0%-3.5%
Other income +93.3%-21.6% 0.30.40.1
Net profit? from loss-73.3% 0.31.2-0.6
PAT margin % +723 bps-633 bps 2.5%8.8%-4.7%
EPS (₹) from loss-73.3% 4.2315.87-8.07

Quality of profit

Core 49%Other income & one-offs 51%

Pre-tax profit ₹0.6 Cr: core business ₹0.3 Cr, other income ₹0.3 Cr.

Core profit YoY: from loss

Cash & debt

FY25 cash from operations ₹3.7 Cr: 91% of FY25 net profit of ₹4.1 Cr.

Borrowings ₹0.8 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹12.5₹12.9 +3.3% in line

Gourmet Gateway India Ltd

506134 · Q3 FY26 · Consolidated
M Cap
—
P/E
—
PEG
—
  • Operating margin expanded 222 bps YoY
  • 77% of pre-tax profit came from other income and one-off items
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales +15.1%+7.6% 51.047.444.4
Operating profit +33.4%+9.9% 8.27.56.2
OPM % +222 bps+33 bps 16.1%15.8%13.9%
Other income -46.0%-66.7% 0.30.80.5
Net profit? loss narrowed-100.0% 0.00.5-0.1
PAT margin % +25 bps-114 bps 0.0%1.1%-0.2%
EPS (₹) from loss-50.0% 0.010.02-0.01

Quality of profit

Core 23%Other income & one-offs 77%

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

Core profit YoY: from loss

Cash & debt

FY25 cash from operations ₹28.0 Cr.

Borrowings ₹98.0 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹51.2₹51.0 -0.3% in line

Jayshree Chemicals Ltd

506520 · 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 +24.3%+16.4% 5.74.94.6
Operating profit —loss narrowed -0.2-0.2-0.2
OPM % +73 bps+152 bps -3.0%-4.5%-3.7%
Other income +283.3%-30.3% 0.20.30.1
Net profit from loss-60.0% 0.00.1-0.1
PAT margin % +333 bps-134 bps 0.7%2.0%-2.6%
EPS (₹) from loss-66.7% 0.010.03-0.04

Quality of profit

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

Core profit YoY: loss widened

Cash & debt

FY25 cash from operations −₹0.8 Cr.

Borrowings ₹0.8 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹5.7₹5.7 -1.2% in line

AG Ventures Ltd

506579 · Q3 FY26 · Consolidated
M Cap
—
P/E
—
PEG
—
  • Profit +104% above its own trend
  • Operating margin contracted 492 bps YoY
  • 59% of pre-tax profit came from other income and one-off items
  • Profit grew faster than the core business (core profit -65%)
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales +5.0%+4.0% 31.129.929.6
Operating profit -34.9%+58.2% 2.51.63.8
OPM % -492 bps+275 bps 8.0%5.3%13.0%
Other income +110.9%+43.6% 1.40.90.6
Net profit? +1.8%+148.9% 2.20.92.2
PAT margin % -23 bps+419 bps 7.2%3.0%7.4%
EPS (₹) -6.5%+765.0% 1.730.201.85

Quality of profit

Core 40%Other income & one-offs 60%

Pre-tax profit ₹2.3 Cr: core business ₹0.9 Cr, other income ₹1.4 Cr.

Core profit YoY: -65.4% · reported profit +1.8%

Cash & debt

FY25 cash from operations ₹8.0 Cr: 61% of FY25 net profit of ₹13.1 Cr.

Borrowings ₹3.0 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹34.2₹31.1 -9.0% below
Net profit₹1.1₹2.2 +103.6% above

Polychem Ltd

506605 · Q3 FY26 · Consolidated
M Cap
—
P/E
—
PEG
—
  • Profit +999% above its own trend
  • Operating margin contracted 930 bps YoY
  • All of pre-tax profit came from other income or one-off items
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales -15.4%-12.2% 8.910.110.5
Operating profit -83.5%-76.5% 0.20.81.2
OPM % -930 bps-617 bps 2.3%8.4%11.6%
Other income —— 29.00.50.4
Net profit? —— 25.50.91.1
EPS (₹) —— 338.1217.8221.78

Quality of profit

Pre-tax profit ₹28.9 Cr: core business −₹0.0 Cr, other income ₹29.0 Cr.

Core profit YoY: to loss

Cash & debt

FY25 cash from operations ₹2.0 Cr: 52% of FY25 net profit of ₹3.8 Cr.

Borrowings ₹1.0 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹9.3₹8.9 -4.9% in line
Net profit₹0.6₹25.5 +999.0% above

ZR2 Bioenergy Ltd

506640 · 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 narrowedloss narrowed -0.1-0.2-0.3
Other income —-19.2% 0.40.50.0
Net profit from loss-14.8% 0.20.3-0.3
EPS (₹) from loss-15.8% 0.640.76-0.73

Quality of profit

Pre-tax profit ₹0.2 Cr: core business −₹0.2 Cr, other income ₹0.4 Cr.

Core profit YoY: loss narrowed

Cash & debt

FY25 cash from operations ₹31.0 Cr.

Borrowings nil at Mar 2025.

Gujarat Petrosynthese Ltd

506858 · Q3 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Profit +148% above its own trend
  • Operating margin expanded 860 bps YoY
  • 59% 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 +70.7%+71.5% 7.34.24.3
Operating profit from lossfrom loss 0.6-0.2-0.0
OPM % +860 bps+1425 bps 8.4%-5.9%-0.2%
Other income +0.0%+4.1% 0.80.70.8
Net profit +90.6%+215.6% 1.00.30.5
PAT margin % +144 bps+633 bps 13.9%7.5%12.4%
EPS (₹) +89.9%+213.0% 1.690.540.89

Quality of profit

Core 41%Other income & one-offs 59%

Pre-tax profit ₹1.3 Cr: core business ₹0.5 Cr, other income ₹0.8 Cr.

Core profit YoY: from loss · reported profit +90.6%

Cash & debt

FY25 cash from operations −₹3.0 Cr: -205% of FY25 net profit of ₹1.5 Cr.

Borrowings nil at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹5.5₹7.3 +33.7% above
Net profit₹0.4₹1.0 +148.1% above

Continental Chemicals Ltd

506935 · 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 +0.0%+0.0% 0.10.10.1
Operating profit loss narrowedloss widened -0.2-0.2-0.2
Other income -5.3%+2.9% 0.40.30.4
Net profit +30.0%+8.3% 0.10.10.1
EPS (₹) +31.8%+9.4% 0.580.530.44

Quality of profit

Pre-tax profit ₹0.1 Cr: core business −₹0.2 Cr, other income ₹0.4 Cr.

Core profit YoY: loss narrowed · reported profit +30.0%

Cash & debt

FY25 cash from operations −₹0.1 Cr: -23% of FY25 net profit of ₹0.4 Cr.

Borrowings ₹0.0 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹0.1₹0.1 -9.1% below
Net profit₹0.1₹0.1 -11.5% below

Apt Packaging Ltd

506979 · Q3 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Profit +999% above its own trend
  • Operating margin expanded 473 bps YoY
  • 50% of pre-tax profit came from other income and one-off items
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales +53.9%-15.6% 5.05.93.2
Operating profit +148.0%-3.1% 0.60.60.2
OPM % +473 bps+161 bps 12.5%10.9%7.7%
Other income +53.3%+9.5% 0.20.20.1
Net profit +820.0%+2.2% 0.50.50.1
PAT margin % +771 bps+162 bps 9.3%7.6%1.5%
EPS (₹) +333.3%+2.6% 0.390.380.09

Quality of profit

Core 50%Other income & one-offs 50%

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

Core profit YoY: from loss · reported profit +820.0%

Cash & debt

FY25 cash from operations ₹0.5 Cr: 152% of FY25 net profit of ₹0.3 Cr.

Borrowings ₹23.4 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹4.8₹5.0 +3.5% in line
Net profit₹0.0₹0.5 +999.0% above

Jagatjit Industries Ltd

507155 · Q3 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Turnaround: profit against a loss a year ago
  • Operating margin contracted 6971 bps YoY
  • All of pre-tax profit came from other income or one-off items
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales -80.7%-64.6% 23.065.0119
Operating profit loss widenedloss widened -17.0-14.0-5.0
OPM % -6971 bps-5237 bps -73.9%-21.5%-4.2%
Other income +880.0%— 98.04.010.0
Net profit from lossfrom loss 64.0-28.0-4.0
EPS (₹) from lossfrom loss 13.78-5.96-0.93

Quality of profit

Pre-tax profit ₹64.0 Cr: core business −₹33.0 Cr, other income ₹98.0 Cr, exceptional & other items −₹1.0 Cr.

Core profit YoY: loss widened

Cash & debt

FY25 cash from operations −₹5.0 Cr.

Borrowings ₹401 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹91.8₹23.0 -75.0% below

Piccadily Sugar & Allied Industries Ltd

507498 · Q3 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • All of pre-tax profit came from other income or one-off items
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales -37.2%— 0.80.01.3
Operating profit loss narrowed— -0.3-0.3-2.0
OPM % —— -37.0%——
Other income -61.4%-58.8% 1.12.52.7
Net profit -74.0%-88.3% 0.21.60.7
PAT margin % -3313 bps— 23.5%—56.6%
EPS (₹) -74.2%-88.6% 0.080.700.31

Quality of profit

Pre-tax profit ₹0.2 Cr: core business −₹0.9 Cr, other income ₹1.1 Cr.

Core profit YoY: loss narrowed · reported profit -74.0%

Cash & debt

FY25 cash from operations ₹19.7 Cr.

Borrowings ₹23.1 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹0.9₹0.8 -7.6% below

Kovilpatti Lakshmi Roller Flour Mills Ltd

507598 · Q3 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Profit -74% below its own trend
  • Operating margin contracted 123 bps YoY
  • 58% of pre-tax profit came from other income and one-off items
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales -0.9%+3.6% 108104109
Operating profit -22.6%-4.1% 4.74.96.1
OPM % -123 bps-35 bps 4.4%4.7%5.6%
Other income +7.1%+15.4% 0.60.50.6
Net profit -59.6%-4.0% 0.70.81.8
PAT margin % -97 bps-5 bps 0.7%0.7%1.6%
EPS (₹) -59.4%-3.6% 0.800.831.97

Quality of profit

Core 42%Other income & one-offs 58%

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

Core profit YoY: -78.9% · reported profit -59.6%

Cash & debt

FY25 cash from operations ₹41.0 Cr: 4316% of FY25 net profit of ₹1.0 Cr.

Borrowings ₹67.0 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹110₹108 -2.7% in line
Net profit₹2.7₹0.7 -73.8% below

Milkfood Ltd

507621 · Q3 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Profit +33% above its own trend
  • Operating margin expanded 432 bps YoY
  • All of pre-tax profit came from other income or one-off items
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales -23.9%+16.2% 86.074.0113
Operating profit +100.0%from loss 6.0-2.03.0
OPM % +432 bps+968 bps 7.0%-2.7%2.7%
Other income -100.0%— 0.00.01.0
Net profit +0.0%from loss 1.0-8.01.0
PAT margin % +28 bps+1197 bps 1.2%-10.8%0.9%
EPS (₹) +123.1%from loss 0.58-3.220.26

Quality of profit

Core 0%Other income & one-offs 100%

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

Core profit YoY: — · reported profit +0.0%

Cash & debt

FY25 cash from operations ₹19.0 Cr: 380% of FY25 net profit of ₹5.0 Cr.

Borrowings ₹118 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹108₹86.0 -20.2% below
Net profit₹0.8₹1.0 +33.3% above

Polson Ltd

507645 · Q3 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • 28% of pre-tax profit came from other income and one-off items
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales -2.1%+2.6% 22.121.622.6
Operating profit +0.3%+3.9% 3.73.53.7
OPM % +39 bps+22 bps 16.7%16.5%16.3%
Other income +48.4%+2.2% 0.50.50.3
Net profit -3.2%-0.8% 1.21.21.2
PAT margin % -6 bps-19 bps 5.5%5.7%5.5%
EPS (₹) -3.2%-0.8% 60.5061.0062.50

Quality of profit

Core 72%Other income & one-offs 28%

Pre-tax profit ₹1.6 Cr: core business ₹1.2 Cr, other income ₹0.5 Cr.

Core profit YoY: -17.0% · reported profit -3.2%

Cash & debt

FY25 cash from operations ₹17.2 Cr: 329% of FY25 net profit of ₹5.2 Cr.

Borrowings ₹43.0 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹23.1₹22.1 -4.3% in line
Net profit₹1.2₹1.2 -0.9% in line

Orient Beverages Ltd

507690 · Q3 FY26 · Consolidated
M Cap
—
P/E
—
PEG
—
  • Profit +999% above its own trend
  • Operating margin expanded 631 bps YoY
  • 80% of pre-tax profit came from other income and one-off items
  • FY25 operating cash flow was only 0% of profit
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales +16.5%+8.2% 45.141.638.7
Operating profit +709.8%+118.4% 3.31.50.4
OPM % +631 bps+372 bps 7.4%3.7%1.1%
Other income -16.5%+1.3% 2.32.22.7
Net profit? +472.2%+182.2% 2.10.70.4
PAT margin % +364 bps+282 bps 4.6%1.8%0.9%
EPS (₹) +470.7%+182.0% 9.533.381.67

Quality of profit

Core 20%Other income & one-offs 80%

Pre-tax profit ₹2.9 Cr: core business ₹0.6 Cr, other income ₹2.3 Cr.

Core profit YoY: from loss · reported profit +472.2%

Cash & debt

FY25 cash from operations ₹0.0 Cr: 0% of FY25 net profit of ₹3.0 Cr.

Borrowings ₹76.0 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹40.6₹45.1 +11.0% above
Net profit₹0.2₹2.1 +999.0% above

Addi Industries Ltd

507852 · Q3 FY26 · Consolidated
M Cap
—
P/E
—
PEG
—
  • Profit -75% below its own trend
  • 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 -0.8-0.4-0.5
Other income -51.3%-4.3% 1.31.42.7
Net profit? -74.5%-46.1% 0.40.81.6
EPS (₹) -74.5%-45.7% 0.380.701.49

Quality of profit

Pre-tax profit ₹0.5 Cr: core business −₹0.8 Cr, other income ₹1.3 Cr.

Core profit YoY: loss widened · reported profit -74.5%

Cash & debt

FY25 cash from operations ₹2.2 Cr: 54% of FY25 net profit of ₹4.0 Cr.

Borrowings ₹0.0 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Net profit₹1.6₹0.4 -74.6% below

Ashnoor Textile Mills Ltd

507872 · Q3 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Profit -77% below its own trend
  • Operating margin contracted 2124 bps YoY
  • All of pre-tax profit came from other income or one-off items
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales -57.0%-37.0% 18.629.443.1
Operating profit to lossto loss -1.04.86.9
OPM % -2124 bps-2150 bps -5.3%16.2%15.9%
Other income —+889.7% 3.90.40.0
Net profit -81.5%-69.6% 0.61.83.0
PAT margin % -394 bps-318 bps 3.0%6.1%6.9%
EPS (₹) -81.3%-69.3% 0.351.141.87

Quality of profit

Pre-tax profit ₹0.6 Cr: core business −₹3.3 Cr, other income ₹3.9 Cr.

Core profit YoY: to loss · reported profit -81.5%

Cash & debt

FY25 cash from operations ₹12.0 Cr: 75% of FY25 net profit of ₹16.0 Cr.

Borrowings ₹64.0 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹42.3₹18.6 -56.1% below
Net profit₹2.4₹0.6 -77.2% below

LKP Finance

507912 · 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
₹ CrYoY Dec 2025Dec 2024
Sales from loss 83.4-13.0
Operating profit loss widened -17.6-13.8
OPM % — -21.1%—
Other income — 28.20.0
Net profit? from loss 5.9-10.8
PAT margin % -7604 bps 7.1%83.1%
EPS (₹) from loss 0.77-1.41

Quality of profit

Pre-tax profit ₹8.5 Cr: core business −₹19.8 Cr, other income ₹28.2 Cr.

Core profit YoY: loss widened

Cash & debt

FY25 cash from operations −₹107 Cr: -5912% of FY25 net profit of ₹1.8 Cr.

Borrowings ₹36.0 Cr at Mar 2025.

Bajaj Steel Industries Ltd

507944 · Q3 FY26 · Consolidated
M Cap
—
P/E
—
PEG
—
  • Profit -57% below its own trend
  • Operating margin contracted 762 bps YoY
  • 48% of pre-tax profit came from other income and one-off items
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales -9.3%-28.3% 125175138
Operating profit -55.2%-70.7% 9.331.820.8
OPM % -762 bps-1077 bps 7.4%18.2%15.1%
Other income +131.5%+146.5% 3.81.61.6
Net profit? -56.9%-72.2% 5.921.313.7
PAT margin % -521 bps-747 bps 4.7%12.2%9.9%
EPS (₹) -56.9%-72.2% 2.8410.236.59

Quality of profit

Core 52%Other income & one-offs 48%

Pre-tax profit ₹8.0 Cr: core business ₹4.2 Cr, other income ₹3.8 Cr.

Core profit YoY: -75.2% · reported profit -56.9%

Cash & debt

FY25 cash from operations ₹52.0 Cr: 62% of FY25 net profit of ₹84.3 Cr.

Borrowings ₹65.0 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹137₹125 -8.3% below
Net profit₹13.9₹5.9 -57.4% below
📊 Investor presentation (10 Aug)

Gujarat Hotels Ltd

507960 · Q3 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Profit -30% below its own trend
  • 39% of pre-tax profit came from other income and one-off items
  • FY25 operating cash flow was only 41% of profit
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales -9.2%+39.1% 1.30.91.4
Operating profit -9.4%+52.6% 1.20.81.3
OPM % -16 bps+802 bps 90.6%82.6%90.8%
Other income -7.4%+2.7% 0.80.70.8
Net profit -9.1%+25.2% 1.51.21.6
EPS (₹) -9.2%+25.2% 3.933.144.33

Quality of profit

Core 60%Other income & one-offs 40%

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

Core profit YoY: -9.4% · reported profit -9.1%

Cash & debt

FY25 cash from operations ₹2.1 Cr: 41% of FY25 net profit of ₹5.3 Cr.

Borrowings nil at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹1.8₹1.3 -27.6% below
Net profit₹2.1₹1.5 -30.4% below

Paramount Cosmetics India Ltd

507970 · Q3 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Profit -25% below its own trend
  • Operating margin contracted 210 bps YoY
  • All of pre-tax profit came from other income or one-off items
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales -5.9%-39.8% 5.28.75.6
Operating profit -38.2%-48.8% 0.20.40.3
OPM % -210 bps-70 bps 4.0%4.7%6.1%
Other income -11.1%+4.3% 0.20.20.3
Net profit +50.0%-76.9% 0.00.10.0
PAT margin % +21 bps-92 bps 0.6%1.5%0.4%
EPS (₹) +50.0%-77.8% 0.060.270.04

Quality of profit

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

Core profit YoY: loss narrowed · reported profit +50.0%

Cash & debt

FY25 cash from operations ₹1.4 Cr: 7000% of FY25 net profit of ₹0.0 Cr.

Borrowings ₹11.4 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹6.8₹5.2 -22.6% below
Net profit₹0.0₹0.0 -25.0% below

Desi Farms India Ltd

507984 · Q3 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Operating margin contracted 2000 bps YoY
  • 85% 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 -33.3%+233.3% 0.10.00.1
Operating profit -55.6%from loss 0.0-0.00.1
OPM % -2000 bps+7333 bps 40.0%-33.3%60.0%
Other income —— 0.20.00.0
Net profit +145.5%— 0.30.00.1
EPS (₹) +145.9%— 2.730.001.11

Quality of profit

Core 15%Other income & one-offs 85%

Pre-tax profit ₹0.3 Cr: core business ₹0.0 Cr, other income ₹0.2 Cr.

Core profit YoY: -55.6% · reported profit +145.5%

Cash & debt

FY25 cash from operations −₹0.3 Cr.

Borrowings nil at Mar 2025.

Neelamalai Agro Industries Ltd

508670 · Q3 FY26 · Consolidated
M Cap
—
P/E
—
PEG
—
  • Profit +21% above its own trend
  • Operating margin expanded 2773 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 +22.4%+47.2% 7.24.95.9
Operating profit loss narrowedloss narrowed -0.2-1.0-1.8
OPM % +2773 bps+1727 bps -2.6%-19.9%-30.4%
Other income -4.4%+41.8% 10.27.210.7
Net profit? +6.8%+75.1% 9.45.48.8
EPS (₹) +6.8%+75.1% 151.4286.48141.78

Quality of profit

Pre-tax profit ₹9.5 Cr: core business −₹0.8 Cr, other income ₹10.2 Cr.

Core profit YoY: loss narrowed · reported profit +6.8%

Cash & debt

FY25 cash from operations −₹4.0 Cr: -17% of FY25 net profit of ₹23.2 Cr.

Borrowings nil at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹5.0₹7.2 +43.9% above
Net profit₹7.8₹9.4 +20.9% above

I S T Ltd

508807 · Q3 FY26 · Consolidated
M Cap
—
P/E
—
PEG
—
  • Profit +279% above its own trend
  • Operating margin contracted 1227 bps YoY
  • 77% of pre-tax profit came from other income and one-off items
  • Profit grew faster than the core business (core profit +8%)
  • FY25 operating cash flow was only 30% of profit
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales +23.1%+17.3% 33.728.727.4
Operating profit +2.0%-0.9% 20.020.219.6
OPM % -1227 bps-1098 bps 59.5%70.5%71.8%
Other income +318.4%+209.0% 60.019.414.3
Net profit? +166.2%+116.6% 62.028.623.3
EPS (₹) +166.1%+116.6% 53.1724.5519.98

Quality of profit

Core 23%Other income & one-offs 77%

Pre-tax profit ₹77.9 Cr: core business ₹17.9 Cr, other income ₹60.0 Cr.

Core profit YoY: +7.6% · reported profit +166.2%

Cash & debt

FY25 cash from operations ₹42.0 Cr: 30% of FY25 net profit of ₹140 Cr.

Borrowings ₹6.0 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹26.6₹33.7 +26.4% above
Net profit₹16.3₹62.0 +279.3% above

Nitin Castings Ltd

508875 · Q3 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Profit +13% above its own trend
  • Operating margin contracted 336 bps YoY
  • 51% of pre-tax profit came from other income and one-off items
  • Profit grew faster than the core business (core profit -54%)
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales +19.1%+10.5% 40.336.533.8
Operating profit -33.3%-27.4% 1.72.42.6
OPM % -336 bps-223 bps 4.3%6.5%7.6%
Other income +26.4%+133.3% 0.90.40.7
Net profit -6.1%+14.2% 1.71.51.8
PAT margin % -113 bps+14 bps 4.2%4.1%5.3%
EPS (₹) -6.0%+14.2% 3.292.883.50

Quality of profit

Core 49%Other income & one-offs 51%

Pre-tax profit ₹1.8 Cr: core business ₹0.9 Cr, other income ₹0.9 Cr.

Core profit YoY: -54.2% · reported profit -6.1%

Cash & debt

FY25 cash from operations ₹18.0 Cr: 145% of FY25 net profit of ₹12.4 Cr.

Borrowings ₹8.0 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹32.7₹40.3 +23.0% above
Net profit₹1.5₹1.7 +13.1% above

Avishkar Infra Realty Ltd

508929 · Q3 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • 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%— 0.00.00.4
Operating profit to lossloss widened -0.2-0.20.3
Other income -36.7%+4.2% 0.50.50.8
Net profit -81.0%+0.0% 0.20.21.1
EPS (₹) -80.9%+0.0% 0.090.090.47

Quality of profit

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

Core profit YoY: to loss · reported profit -81.0%

Cash & debt

FY25 cash from operations −₹15.0 Cr: -344% of FY25 net profit of ₹4.4 Cr.

Borrowings ₹2.1 Cr at Mar 2025.

Panasonic Carbon India Company Ltd

508941 · Q3 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Profit -15% below its own trend
  • Operating margin contracted 420 bps YoY
  • 53% of pre-tax profit came from other income and one-off items
  • FY25 operating cash flow was only 38% of profit
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales -12.8%-32.5% 11.617.113.2
Operating profit -25.3%-55.5% 2.96.53.9
OPM % -420 bps-1300 bps 25.1%38.1%29.3%
Other income +3.3%-7.4% 3.13.43.0
Net profit -10.8%-24.8% 4.55.95.0
PAT margin % +83 bps+392 bps 38.5%34.6%37.7%
EPS (₹) -10.9%-24.8% 9.2712.3310.40

Quality of profit

Core 47%Other income & one-offs 53%

Pre-tax profit ₹5.8 Cr: core business ₹2.7 Cr, other income ₹3.1 Cr.

Core profit YoY: -26.5% · reported profit -10.8%

Cash & debt

FY25 cash from operations ₹8.0 Cr: 38% of FY25 net profit of ₹20.8 Cr.

Borrowings nil at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹13.9₹11.6 -16.6% below
Net profit₹5.2₹4.5 -15.1% 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.

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