Home › Quarterly results › Q3 FY26
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, 23:29 IST
4316 declared
Latest results
Results calendar
Q2 FY27 Q1 FY27 Q4 FY26 Q3 FY26 Q2 FY26
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
Filters & sorting
Results by sector
1051 matching results 1051
Page 27 of 36
Tap ☆ on any company to add it to My companies. Your list stays in this browser.
526492
· Q3 FY26 · Standalone
M Cap —
P/E —
PEG —
Turnaround: profit against a loss a year ago Operating margin contracted 162 bps YoY 95% of pre-tax profit came from other income and one-off items FY25 operating cash flow was only 13% of profit
₹ Cr YoY QoQ
Dec 2025 Sep 2025 Dec 2024
Sales
-10.1% -13.3%
15.3 17.7 17.0
Operating profit
-44.4% -67.7%
0.4 1.2 0.7
OPM %
-162 bps -441 bps
2.6% 7.0% 4.2%
Other income
from loss from loss
4.0 -0.7 -3.3
Net profit
from loss —
3.4 0.2 -2.5
PAT margin %
+3714 bps +2116 bps
22.4% 1.2% -14.7%
EPS (₹)
from loss —
3.74 0.24 -2.74
Quality of profit
Core 5% Other income & one-offs 95%
Pre-tax profit ₹4.2 Cr: core business ₹0.2 Cr, other income ₹4.0 Cr.
Core profit YoY: -57.7%
Cash & debt
FY25 cash from operations ₹1.4 Cr:
13% of FY25 net profit of ₹10.7 Cr.
Borrowings ₹0.4 Cr at Mar 2025.
Against its own trend ?
Trend Actual Gap
Sales ₹15.3 ₹15.3
-0.1% in line
526504
· Q3 FY26 · Standalone
M Cap —
P/E —
PEG —
Profit +14% above its own trend Operating margin expanded 1012 bps YoY All of pre-tax profit came from other income or one-off items
₹ Cr YoY QoQ
Dec 2025 Sep 2025 Dec 2024
Sales
-12.5% +16.7%
0.2 0.2 0.2
Operating profit
+200.0% +50.0%
0.0 0.0 0.0
OPM %
+1012 bps +317 bps
14.3% 11.1% 4.2%
Other income
+0.0% +0.0%
0.0 0.0 0.0
Net profit
+100.0% +100.0%
0.0 0.0 0.0
PAT margin %
+536 bps +397 bps
9.5% 5.6% 4.2%
EPS (₹)
+0.0% +0.0%
0.01 0.01 0.01
Quality of profit
Core 0% Other income & one-offs 100%
Pre-tax profit ₹0.0 Cr: core business ₹0.0 Cr, other income ₹0.0 Cr.
Core profit YoY: —
· reported profit +100.0%
Cash & debt
FY25 cash from operations −₹0.1 Cr.
Borrowings ₹0.9 Cr at Mar 2025.
Against its own trend ?
Trend Actual Gap
Sales ₹0.3 ₹0.2
-20.5% below
Net profit ₹0.0 ₹0.0
+14.3% above
526546
· Q3 FY26 · Standalone
M Cap —
P/E —
PEG —
Profit +77% above its own trend 98% of pre-tax profit came from other income and one-off items Profit grew faster than the core business (core profit -88%)
₹ Cr YoY QoQ
Dec 2025 Sep 2025 Dec 2024
Sales
+4.2% -2.7%
10.8 11.1 10.4
Operating profit
+4.7% -9.2%
2.7 2.9 2.5
OPM %
+11 bps -176 bps
24.6% 26.3% 24.5%
Other income
— —
0.9 0.0 0.0
Net profit
+181.8% +29.2%
0.3 0.2 0.1
PAT margin %
+181 bps +71 bps
2.9% 2.2% 1.1%
EPS (₹)
+181.3% +32.4%
0.45 0.34 0.16
Quality of profit
Core 2% Other income & one-offs 98%
Pre-tax profit ₹0.9 Cr: core business ₹0.0 Cr, other income ₹0.9 Cr.
Core profit YoY: -88.2%
· reported profit +181.8%
Cash & debt
FY25 cash from operations ₹11.8 Cr:
770% of FY25 net profit of ₹1.5 Cr.
Borrowings ₹29.1 Cr at Mar 2025.
Against its own trend ?
Trend Actual Gap
Sales ₹11.6 ₹10.8
-6.4% below
Net profit ₹0.2 ₹0.3
+76.9% above
526570
· 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
₹ Cr YoY QoQ
Dec 2025 Sep 2025 Dec 2024
Sales
— —
20.4 0.0 0.3
Operating profit
from loss from loss
0.1 -0.2 -0.5
OPM %
— —
0.4% — —
Other income
+439.5% +17.1%
2.0 1.8 0.4
Net profit
from loss +106.8%
1.5 0.7 -1.1
PAT margin %
— —
7.4% — —
EPS (₹)
from loss +89.4%
1.25 0.66 -3.39
Quality of profit
Pre-tax profit ₹1.5 Cr: core business −₹0.5 Cr, other income ₹2.0 Cr.
Core profit YoY: loss narrowed
Cash & debt
FY25 cash from operations −₹3.1 Cr.
Borrowings ₹28.8 Cr at Mar 2025.
Against its own trend ?
Trend Actual Gap
Sales ₹0.2 ₹20.4
+999.0% above
526586
· Q3 FY26 · Standalone
M Cap —
P/E —
PEG —
Operating margin contracted 167 bps YoY 47% of pre-tax profit came from other income and one-off items Profit grew faster than the core business (core profit -25%)
₹ Cr YoY QoQ
Dec 2025 Sep 2025 Dec 2024
Sales
-10.8% -1.2%
83.0 84.0 93.0
Operating profit
-20.0% -7.7%
12.0 13.0 15.0
OPM %
-167 bps -102 bps
14.5% 15.5% 16.1%
Other income
+16.7% +16.7%
7.0 6.0 6.0
Net profit
+0.0% +8.3%
13.0 12.0 13.0
PAT margin %
+168 bps +138 bps
15.7% 14.3% 14.0%
EPS (₹)
-5.7% +1.7%
10.60 10.42 11.24
Quality of profit
Core 53% Other income & one-offs 47%
Pre-tax profit ₹17.0 Cr: core business ₹9.0 Cr, other income ₹7.0 Cr, exceptional & other items ₹1.0 Cr.
Core profit YoY: -25.0%
· reported profit +0.0%
Cash & debt
FY25 cash from operations ₹56.0 Cr:
86% of FY25 net profit of ₹65.0 Cr.
Borrowings nil at Sep 2025, against ₹0.0 Cr at Mar 2025.
Against its own trend ?
Trend Actual Gap
Sales ₹99.8 ₹83.0
-16.8% below
Net profit ₹13.8 ₹13.0
-5.9% in line
526604
· 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
₹ Cr YoY QoQ
Dec 2025 Sep 2025 Dec 2024
Sales
— —
0.0 0.0 0.0
Operating profit
loss widened loss widened
-0.6 -0.5 -0.2
Other income
— —
7.4 0.1 0.1
Net profit
from loss from loss
5.0 -0.5 -0.1
EPS (₹)
from loss from loss
7.10 -0.66 -0.21
Quality of profit
Pre-tax profit ₹6.7 Cr: core business −₹0.8 Cr, other income ₹7.4 Cr.
Core profit YoY: loss widened
Cash & debt
FY25 cash from operations ₹2.1 Cr.
Borrowings ₹0.0 Cr at Mar 2025.
526640
· Q3 FY26 · Standalone
M Cap —
P/E —
PEG —
Profit +136% above its own trend 39% of pre-tax profit came from other income and one-off items Profit grew faster than the core business (core profit -7%) FY25 operating cash flow was only 3% of profit
₹ Cr YoY QoQ
Dec 2025 Sep 2025 Dec 2024
Sales
+8.2% +49.2%
6.6 4.4 6.1
Operating profit
+8.0% +536.8%
1.2 0.2 1.1
OPM %
-3 bps +1408 bps
18.4% 4.3% 18.4%
Other income
+16.1% -2.7%
0.4 0.4 0.3
Net profit
+18.2% —
0.8 0.0 0.7
PAT margin %
+100 bps +1095 bps
11.9% 0.9% 10.9%
EPS (₹)
+18.2% —
0.39 0.02 0.33
Quality of profit
Core 61% Other income & one-offs 39%
Pre-tax profit ₹0.9 Cr: core business ₹0.6 Cr, other income ₹0.4 Cr.
Core profit YoY: -6.7%
· reported profit +18.2%
Cash & debt
FY25 cash from operations ₹0.1 Cr:
3% of FY25 net profit of ₹3.1 Cr.
Borrowings ₹5.8 Cr at Mar 2025.
Against its own trend ?
Trend Actual Gap
Sales ₹5.5 ₹6.6
+19.0% above
Net profit ₹0.3 ₹0.8
+136.4% above
526703
· Q3 FY26 · Consolidated
M Cap —
P/E —
PEG —
Operating margin contracted 331 bps YoY 26% of pre-tax profit came from other income and one-off items
₹ Cr YoY QoQ
Dec 2025 Sep 2025 Dec 2024
Sales
+67.1% +56.2%
55.8 35.7 33.4
Operating profit
+12.4% +19.5%
3.8 3.2 3.4
OPM %
-331 bps -209 bps
6.8% 8.9% 10.1%
Other income
+77.3% +8.3%
0.8 0.7 0.4
Net profit?
+3.8% +8.9%
2.2 2.0 2.1
PAT margin %
-241 bps -171 bps
3.9% 5.7% 6.3%
EPS (₹)
-9.9% +8.9%
6.37 5.85 7.07
Quality of profit
Core 74% Other income & one-offs 26%
Pre-tax profit ₹3.0 Cr: core business ₹2.2 Cr, other income ₹0.8 Cr.
Core profit YoY: -7.4%
· reported profit +3.8%
Cash & debt
FY25 cash from operations ₹13.0 Cr:
124% of FY25 net profit of ₹10.5 Cr.
Borrowings ₹2.0 Cr at Mar 2025.
Against its own trend ?
Trend Actual Gap
Sales ₹39.3 ₹55.8
+42.1% above
Net profit ₹2.4 ₹2.2
-9.8% in line
526705
· Q3 FY26 · Standalone
M Cap —
P/E —
PEG —
Profit +228% above its own trend Operating margin expanded 620 bps YoY 31% of pre-tax profit came from other income and one-off items Operating cash flow was negative in FY25 despite a profit
₹ Cr YoY QoQ
Dec 2025 Sep 2025 Dec 2024
Sales
+111.4% +31.5%
10.7 8.2 5.1
Operating profit
+333.3% -4.4%
1.3 1.4 0.3
OPM %
+620 bps -454 bps
12.1% 16.6% 5.9%
Other income
-34.3% -17.0%
0.4 0.5 0.7
Net profit
+94.7% -8.3%
1.1 1.2 0.6
PAT margin %
-89 bps -448 bps
10.3% 14.8% 11.2%
EPS (₹)
+95.3% -8.1%
3.75 4.08 1.92
Quality of profit
Core 69% Other income & one-offs 31%
Pre-tax profit ₹1.4 Cr: core business ₹1.0 Cr, other income ₹0.4 Cr.
Core profit YoY: from loss
· reported profit +94.7%
Cash & debt
FY25 cash from operations −₹4.6 Cr:
-97% of FY25 net profit of ₹4.7 Cr.
Borrowings nil at Mar 2025.
Against its own trend ?
Trend Actual Gap
Sales ₹4.0 ₹10.7
+168.4% above
Net profit ₹0.3 ₹1.1
+228.3% above
526709
· Q3 FY26 · Consolidated
M Cap —
P/E —
PEG —
Profit +40% above its own trend Operating margin expanded 364 bps YoY 69% of pre-tax profit came from other income and one-off items Profit grew faster than the core business (core profit +14%)
₹ Cr YoY QoQ
Dec 2025 Sep 2025 Dec 2024
Sales
+25.8% +14.7%
0.4 0.3 0.3
Operating profit
+40.0% -6.7%
0.1 0.1 0.1
OPM %
+364 bps -822 bps
35.9% 44.1% 32.3%
Other income
+800.0% —
0.2 0.0 0.0
Net profit?
+180.0% +154.5%
0.3 0.1 0.1
PAT margin %
+3954 bps +3944 bps
71.8% 32.4% 32.3%
EPS (₹)
+200.0% +200.0%
0.03 0.01 0.01
Quality of profit
Core 31% Other income & one-offs 69%
Pre-tax profit ₹0.3 Cr: core business ₹0.1 Cr, other income ₹0.2 Cr.
Core profit YoY: +14.3%
· reported profit +180.0%
Cash & debt
FY25 cash from operations ₹6.5 Cr:
2848% of FY25 net profit of ₹0.2 Cr.
Borrowings nil at Mar 2025.
Against its own trend ?
Trend Actual Gap
Sales ₹0.4 ₹0.4
+0.3% in line
Net profit ₹0.2 ₹0.3
+40.0% above
526721
· Q3 FY26 · Consolidated
M Cap —
P/E —
PEG —
Profit -72% below its own trend Operating margin contracted 2886 bps YoY All of pre-tax profit came from other income or one-off items
₹ Cr YoY QoQ
Dec 2025 Sep 2025 Dec 2024
Sales
-30.2% +14.8%
13.2 11.5 18.9
Operating profit
to loss loss widened
-0.2 -0.2 5.1
OPM %
-2886 bps +19 bps
-1.9% -2.1% 27.0%
Other income
-2.6% +60.0%
1.8 1.1 1.9
Net profit?
-81.1% +283.3%
0.9 0.2 4.9
PAT margin %
-1873 bps +488 bps
7.0% 2.1% 25.7%
EPS (₹)
-80.8% +300.0%
0.20 0.05 1.04
Quality of profit
Pre-tax profit ₹1.0 Cr: core business −₹0.9 Cr, other income ₹1.8 Cr.
Core profit YoY: to loss
· reported profit -81.1%
Cash & debt
FY25 cash from operations ₹16.0 Cr:
71% of FY25 net profit of ₹22.4 Cr.
Borrowings nil at Mar 2025.
Against its own trend ?
Trend Actual Gap
Sales ₹19.1 ₹13.2
-31.0% below
Net profit ₹3.3 ₹0.9
-72.2% below
526723
· Q3 FY26 · Consolidated
M Cap —
P/E —
PEG —
Profit -18% below its own trend Operating margin contracted 811 bps YoY 56% of pre-tax profit came from other income and one-off items Core business grew faster than reported profit (core profit +130%) Operating cash flow was negative in FY25 despite a profit
₹ Cr YoY QoQ
Dec 2025 Sep 2025 Dec 2024
Sales
+99.0% +1.8%
26.7 26.3 13.4
Operating profit
+31.9% -4.1%
4.3 4.4 3.2
OPM %
-811 bps -96 bps
15.9% 16.9% 24.1%
Other income
+71.4% -4.6%
2.9 3.0 1.7
Net profit?
+63.2% -12.4%
3.8 4.4 2.3
PAT margin %
-313 bps -231 bps
14.3% 16.6% 17.4%
EPS (₹)
+61.3% -12.3%
2.63 3.00 1.63
Quality of profit
Core 44% Other income & one-offs 56%
Pre-tax profit ₹5.2 Cr: core business ₹2.3 Cr, other income ₹2.9 Cr.
Core profit YoY: +130.3%
· reported profit +63.2%
Cash & debt
FY25 cash from operations −₹2.0 Cr:
-18% of FY25 net profit of ₹11.3 Cr.
Borrowings ₹80.0 Cr at Mar 2025.
Against its own trend ?
Trend Actual Gap
Sales ₹24.8 ₹26.7
+7.6% above
Net profit ₹4.7 ₹3.8
-18.4% below
526747
· Q3 FY26 · Standalone
M Cap —
P/E —
PEG —
Profit -98% below its own trend Operating margin contracted 1022 bps YoY All of pre-tax profit came from other income or one-off items
₹ Cr YoY QoQ
Dec 2025 Sep 2025 Dec 2024
Sales
-52.6% -2.3%
71.9 73.5 151
Operating profit
to loss loss narrowed
-3.0 -4.1 9.1
OPM %
-1022 bps +132 bps
-4.2% -5.5% 6.0%
Other income
+26.6% from loss
6.9 -1.6 5.4
Net profit
-97.9% from loss
0.2 -8.0 10.6
PAT margin %
-668 bps +1122 bps
0.3% -10.9% 7.0%
EPS (₹)
-97.9% from loss
0.19 -6.81 8.97
Quality of profit
Pre-tax profit ₹0.6 Cr: core business −₹6.3 Cr, other income ₹6.9 Cr.
Core profit YoY: to loss
· reported profit -97.9%
Cash & debt
FY25 cash from operations ₹17.0 Cr:
71% of FY25 net profit of ₹24.1 Cr.
Borrowings ₹51.0 Cr at Mar 2025.
Against its own trend ?
Trend Actual Gap
Sales ₹136 ₹71.9
-47.2% below
Net profit ₹11.0 ₹0.2
-98.0% below
526813
· Q3 FY26 · Consolidated
M Cap —
P/E —
PEG —
Profit -39% below its own trend All of pre-tax profit came from other income or one-off items FY25 operating cash flow was only 0% of profit
₹ Cr YoY QoQ
Dec 2025 Sep 2025 Dec 2024
Sales
-100.0% -100.0%
0.0 0.8 0.3
Operating profit
loss narrowed to loss
-0.1 0.6 -0.1
Other income
-3.6% +0.0%
0.3 0.3 0.3
Net profit?
-33.3% -80.0%
0.1 0.7 0.2
EPS (₹)
-33.3% -80.0%
0.28 1.40 0.42
Quality of profit
Pre-tax profit ₹0.2 Cr: core business −₹0.1 Cr, other income ₹0.3 Cr.
Core profit YoY: loss narrowed
· reported profit -33.3%
Cash & debt
FY25 cash from operations ₹0.0 Cr:
0% of FY25 net profit of ₹2.6 Cr.
Borrowings nil at Mar 2025.
Against its own trend ?
Trend Actual Gap
Net profit ₹0.2 ₹0.1
-39.4% below
526827
· Q3 FY26 · Standalone
M Cap —
P/E —
PEG —
Turnaround: profit against a loss a year ago Operating margin expanded 11224 bps YoY 33% of pre-tax profit came from other income and one-off items
₹ Cr YoY QoQ
Dec 2025 Sep 2025 Dec 2024
Sales
+906.1% +90.8%
3.3 1.7 0.3
Operating profit
from loss —
1.0 0.1 -0.3
OPM %
+11224 bps +2525 bps
30.4% 5.2% -81.8%
Other income
+433.3% -33.3%
0.5 0.7 0.1
Net profit
from loss +87.2%
1.5 0.8 -0.2
PAT margin %
+10761 bps -85 bps
44.0% 44.8% -63.6%
EPS (₹)
from loss —
2.34 1.81 -0.49
No EPS growth against Sep 2025: ₹10 to ₹2 split in Aug 2026.
Quality of profit
Core 67% Other income & one-offs 33%
Pre-tax profit ₹1.5 Cr: core business ₹1.0 Cr, other income ₹0.5 Cr.
Core profit YoY: from loss
Cash & debt
FY25 cash from operations ₹0.3 Cr:
62% of FY25 net profit of ₹0.5 Cr.
Borrowings ₹1.3 Cr at Mar 2025.
Against its own trend ?
Trend Actual Gap
Sales ₹0.7 ₹3.3
+403.0% above
526847
· Q3 FY26 · Standalone
M Cap —
P/E —
PEG —
Profit +13% above its own trend Operating margin contracted 272 bps YoY 77% of pre-tax profit came from other income and one-off items Core business grew faster than reported profit (core profit +33%) Operating cash flow was negative in FY25 despite a profit
₹ Cr YoY QoQ
Dec 2025 Sep 2025 Dec 2024
Sales
+58.8% +12.5%
0.5 0.5 0.3
Operating profit
+45.5% -20.0%
0.2 0.2 0.1
OPM %
-272 bps -1204 bps
29.6% 41.7% 32.4%
Other income
-30.5% -37.9%
0.4 0.7 0.6
Net profit
-6.4% -29.0%
0.4 0.6 0.5
PAT margin %
— —
81.5% — —
EPS (₹)
-7.9% -30.0%
0.35 0.50 0.38
Quality of profit
Core 23% Other income & one-offs 77%
Pre-tax profit ₹0.5 Cr: core business ₹0.1 Cr, other income ₹0.4 Cr.
Core profit YoY: +33.3%
· reported profit -6.4%
Cash & debt
FY25 cash from operations −₹4.4 Cr:
-191% of FY25 net profit of ₹2.3 Cr.
Borrowings nil at Mar 2025.
Against its own trend ?
Trend Actual Gap
Sales ₹0.4 ₹0.5
+48.2% above
Net profit ₹0.4 ₹0.4
+12.9% above
526877
· Q3 FY26 · Standalone
M Cap —
P/E —
PEG —
All of pre-tax profit came from other income or one-off items
₹ Cr YoY QoQ
Dec 2025 Sep 2025 Dec 2024
Sales
— —
0.0 0.0 0.0
Operating profit
— loss narrowed
-0.1 -0.1 -0.1
Other income
+0.0% +0.0%
0.1 0.1 0.1
Net profit
+0.0% —
0.0 0.0 0.0
Quality of profit
Pre-tax profit ₹0.0 Cr: core business −₹0.1 Cr, other income ₹0.1 Cr.
Core profit YoY: —
· reported profit +0.0%
Cash & debt
FY25 cash from operations −₹0.5 Cr.
Borrowings nil at Mar 2025.
Against its own trend ?
Trend Actual Gap
Net profit ₹0.0 ₹0.0
+0.0% in line
526901
· Q3 FY26 · Standalone
M Cap —
P/E —
PEG —
Profit -53% below its own trend All of pre-tax profit came from other income or one-off items
₹ Cr YoY QoQ
Dec 2025 Sep 2025 Dec 2024
Sales
+10.0% -16.9%
29.0 34.9 26.4
Operating profit
+32.0% +15.8%
0.7 0.6 0.5
OPM %
+38 bps +64 bps
2.3% 1.6% 1.9%
Other income
-3.0% -51.5%
0.3 0.7 0.3
Net profit
-50.0% -44.4%
0.1 0.3 0.3
PAT margin %
-62 bps -26 bps
0.5% 0.8% 1.1%
EPS (₹)
-49.0% -44.4%
0.25 0.45 0.49
Quality of profit
Pre-tax profit ₹0.3 Cr: core business −₹0.0 Cr, other income ₹0.3 Cr.
Core profit YoY: to loss
· reported profit -50.0%
Cash & debt
FY25 cash from operations ₹7.0 Cr:
395% of FY25 net profit of ₹1.8 Cr.
Borrowings ₹10.0 Cr at Mar 2025.
Against its own trend ?
Trend Actual Gap
Sales ₹30.7 ₹29.0
-5.6% below
Net profit ₹0.3 ₹0.1
-53.4% below
526931
· Q3 FY26 · Standalone
M Cap —
P/E —
PEG —
Profit +712% above its own trend 87% of pre-tax profit came from other income and one-off items Operating cash flow was negative in FY25 despite a profit
₹ Cr YoY QoQ
Dec 2025 Sep 2025 Dec 2024
Sales
— +69.2%
2.2 1.3 0.0
Operating profit
from loss +76.5%
1.8 1.0 -0.6
OPM %
— +336 bps
81.8% 78.5% —
Other income
+257.8% +171.4%
7.3 2.7 2.0
Net profit
— +203.1%
6.8 2.2 0.4
EPS (₹)
— +203.0%
11.06 3.65 0.68
Quality of profit
Core 13% Other income & one-offs 87%
Pre-tax profit ₹8.4 Cr: core business ₹1.1 Cr, other income ₹7.3 Cr.
Core profit YoY: from loss
Cash & debt
FY25 cash from operations −₹1.6 Cr:
-98% of FY25 net profit of ₹1.6 Cr.
Borrowings ₹15.9 Cr at Mar 2025.
Against its own trend ?
Trend Actual Gap
Net profit ₹0.8 ₹6.8
+711.9% above
526935
· Q3 FY26 · Consolidated
M Cap —
P/E —
PEG —
25% of pre-tax profit came from other income and one-off items
₹ Cr YoY QoQ
Dec 2025 Sep 2025 Dec 2024
Sales
— -16.7%
15.0 18.0 0.0
Operating profit
— -63.6%
4.0 11.0 0.0
OPM %
— -3444 bps
26.7% 61.1% —
Other income
— —
1.0 0.0 0.0
Net profit?
— -77.8%
2.0 9.0 0.0
PAT margin %
— -3667 bps
13.3% 50.0% —
EPS (₹)
from loss —
0.20 0.76 -0.02
No EPS growth against Sep 2025: 1:2 bonus in Jul 2026 and ₹10 to ₹2 split in Jul 2026.
Quality of profit
Core 75% Other income & one-offs 25%
Pre-tax profit ₹4.0 Cr: core business ₹3.0 Cr, other income ₹1.0 Cr.
Cash & debt
FY25 cash from operations −₹1.0 Cr.
Borrowings ₹1.0 Cr at Mar 2025.
526945
· Q3 FY26 · Standalone
M Cap —
P/E —
PEG —
Profit -87% below its own trend Operating margin contracted 1063 bps YoY All of pre-tax profit came from other income or one-off items
₹ Cr YoY QoQ
Dec 2025 Sep 2025 Dec 2024
Sales
-0.4% +1.2%
13.7 13.5 13.7
Operating profit
-87.4% -93.3%
0.2 3.1 1.7
OPM %
-1063 bps -2156 bps
1.5% 23.1% 12.2%
Other income
-25.0% -50.0%
0.2 0.5 0.3
Net profit
-93.0% -96.6%
0.1 3.3 1.6
PAT margin %
-1063 bps -2340 bps
0.8% 24.2% 11.4%
EPS (₹)
-93.1% -96.7%
0.32 9.61 4.61
Quality of profit
Pre-tax profit ₹0.1 Cr: core business −₹0.1 Cr, other income ₹0.2 Cr.
Core profit YoY: to loss
· reported profit -93.0%
Cash & debt
FY25 cash from operations ₹4.4 Cr:
134% of FY25 net profit of ₹3.3 Cr.
Borrowings ₹0.3 Cr at Mar 2025.
Against its own trend ?
Trend Actual Gap
Sales ₹14.3 ₹13.7
-4.1% in line
Net profit ₹0.8 ₹0.1
-86.8% below
526971
· Q3 FY26 · Standalone
M Cap —
P/E —
PEG —
Profit -18% below its own trend Operating margin expanded 767 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
₹ Cr YoY QoQ
Dec 2025 Sep 2025 Dec 2024
Sales
-57.9% -33.7%
2.5 3.8 6.0
Operating profit
loss narrowed loss widened
-1.5 -1.4 -3.9
OPM %
+767 bps -2109 bps
-57.9% -36.8% -65.6%
Other income
-77.8% from loss
6.0 -6.2 27.2
Net profit
-53.8% from loss
4.9 -4.5 10.5
EPS (₹)
-53.9% from loss
7.69 -7.17 16.67
Quality of profit
Pre-tax profit ₹4.5 Cr: core business −₹1.6 Cr, other income ₹6.0 Cr.
Core profit YoY: loss narrowed
· reported profit -53.8%
Cash & debt
FY25 cash from operations −₹15.0 Cr:
-47% of FY25 net profit of ₹32.2 Cr.
Borrowings ₹57.0 Cr at Mar 2025.
Against its own trend ?
Trend Actual Gap
Sales ₹5.3 ₹2.5
-52.7% below
Net profit ₹5.9 ₹4.9
-18.2% below
530025
· Q3 FY26 · Consolidated
M Cap —
P/E —
PEG —
Into loss: a profit a year ago Profit -134% below its own trend Operating margin contracted 3987 bps YoY All of pre-tax profit came from other income or one-off items
₹ Cr YoY QoQ
Dec 2025 Sep 2025 Dec 2024
Sales
+62.2% +48.6%
13.8 9.3 8.5
Operating profit
to loss to loss
-2.1 1.9 2.1
OPM %
-3987 bps -3588 bps
-15.5% 20.4% 24.4%
Other income
— —
3.0 0.0 0.0
Net profit?
to loss to loss
-0.5 0.9 1.2
PAT margin %
-1734 bps -1357 bps
-3.3% 10.2% 14.0%
EPS (₹)
to loss to loss
-0.58 1.19 1.49
Quality of profit
Pre-tax profit ₹0.0 Cr: core business −₹3.0 Cr, other income ₹3.0 Cr.
Core profit YoY: to loss
Cash & debt
FY25 cash from operations ₹0.3 Cr.
Borrowings ₹2.7 Cr at Mar 2025.
Against its own trend ?
Trend Actual Gap
Sales ₹8.4 ₹13.8
+63.9% above
Net profit ₹1.3 −₹0.5
-134.3% below
530057
· Q3 FY26 · Consolidated
M Cap —
P/E —
PEG —
Profit +900% above its own trend Operating margin contracted 820 bps YoY 40% of pre-tax profit came from other income and one-off items Profit grew faster than the core business (core profit +200%)
₹ Cr YoY QoQ
Dec 2025 Sep 2025 Dec 2024
Sales
— -18.3%
45.2 55.4 1.5
Operating profit
+61.5% -65.6%
0.2 0.6 0.1
OPM %
-820 bps -64 bps
0.5% 1.1% 8.7%
Other income
+700.0% +700.0%
0.1 0.0 0.0
Net profit?
+400.0% -64.3%
0.2 0.6 0.0
PAT margin %
-222 bps -57 bps
0.4% 1.0% 2.7%
EPS (₹)
+400.0% -64.3%
0.05 0.14 0.01
Quality of profit
Core 60% Other income & one-offs 40%
Pre-tax profit ₹0.2 Cr: core business ₹0.1 Cr, other income ₹0.1 Cr.
Core profit YoY: +200.0%
· reported profit +400.0%
Cash & debt
FY25 cash from operations −₹2.0 Cr.
Borrowings ₹9.0 Cr at Mar 2025.
Against its own trend ?
Trend Actual Gap
Sales ₹2.9 ₹45.2
+999.0% above
Net profit ₹0.0 ₹0.2
+900.0% above
530065
· Q3 FY26 · Standalone
M Cap —
P/E —
PEG —
Turnaround: profit against a loss a year ago Operating margin expanded 125 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
₹ Cr YoY QoQ
Dec 2025 Sep 2025 Dec 2024
Sales
-6.9% +49.3%
2.1 1.4 2.3
Operating profit
+20.0% +100.0%
0.1 0.1 0.1
OPM %
+125 bps +141 bps
5.6% 4.2% 4.3%
Other income
+40.0% -12.5%
0.1 0.1 0.1
Net profit
from loss from loss
0.0 -0.0 -0.0
PAT margin %
+273 bps +464 bps
1.9% -2.8% -0.9%
EPS (₹)
from loss from loss
0.05 -0.05 -0.03
Quality of profit
Pre-tax profit ₹0.1 Cr: core business −₹0.0 Cr, other income ₹0.1 Cr.
Core profit YoY: loss narrowed
Cash & debt
FY25 cash from operations −₹3.6 Cr:
-1014% of FY25 net profit of ₹0.4 Cr.
Borrowings ₹7.0 Cr at Mar 2025.
Against its own trend ?
Trend Actual Gap
Sales ₹2.3 ₹2.1
-7.8% below
530077
· Q3 FY26 · Standalone
M Cap —
P/E —
PEG —
Turnaround: profit against a loss a year ago Operating margin expanded 2986 bps YoY 35% of pre-tax profit came from other income and one-off items
₹ Cr YoY QoQ
Dec 2025 Sep 2025 Dec 2024
Sales
+33.3% -1.9%
26.4 26.9 19.8
Operating profit
from loss -31.2%
3.7 5.3 -3.2
OPM %
+2986 bps -590 bps
13.9% 19.8% -16.0%
Other income
-26.2% +31.5%
1.2 0.9 1.6
Net profit
from loss -23.4%
2.7 3.5 -1.7
PAT margin %
+1882 bps -289 bps
10.3% 13.2% -8.5%
EPS (₹)
from loss -23.4%
3.40 4.44 -2.12
Quality of profit
Core 65% Other income & one-offs 35%
Pre-tax profit ₹3.5 Cr: core business ₹2.2 Cr, other income ₹1.2 Cr.
Core profit YoY: from loss
Cash & debt
FY25 cash from operations ₹40.0 Cr:
337% of FY25 net profit of ₹11.9 Cr.
Borrowings ₹4.0 Cr at Mar 2025.
Against its own trend ?
Trend Actual Gap
Sales ₹15.9 ₹26.4
+66.1% above
530111
· Q3 FY26 · Standalone
M Cap —
P/E —
PEG —
Operating margin expanded 502 bps YoY All of pre-tax profit came from other income or one-off items
₹ Cr YoY QoQ
Dec 2025 Sep 2025 Dec 2024
Sales
+2.9% -10.0%
7.5 8.3 7.2
Operating profit
from loss -22.2%
0.2 0.3 -0.2
OPM %
+502 bps -44 bps
2.8% 3.3% -2.2%
Other income
+100.0% +100.0%
0.0 0.0 0.0
Net profit
loss narrowed -100.0%
0.0 0.0 -0.3
PAT margin %
+455 bps -24 bps
0.0% 0.2% -4.6%
EPS (₹)
loss narrowed -100.0%
0.00 0.04 -0.72
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 −₹1.6 Cr.
Borrowings ₹5.0 Cr at Mar 2025.
Against its own trend ?
Trend Actual Gap
Sales ₹7.9 ₹7.5
-6.0% below
530133
· Q3 FY26 · Standalone
M Cap —
P/E —
PEG —
Profit -78% below its own trend Operating margin contracted 224 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
₹ Cr YoY QoQ
Dec 2025 Sep 2025 Dec 2024
Sales
-0.0% -16.3%
28.5 34.1 28.5
Operating profit
-58.7% -15.1%
0.5 0.5 1.1
OPM %
-224 bps +2 bps
1.6% 1.6% 3.8%
Other income
-25.6% +0.0%
0.3 0.3 0.4
Net profit
-77.3% -42.3%
0.1 0.3 0.7
PAT margin %
-179 bps -24 bps
0.5% 0.8% 2.3%
EPS (₹)
-77.6% -42.9%
0.36 0.63 1.61
Quality of profit
Pre-tax profit ₹0.2 Cr: core business −₹0.1 Cr, other income ₹0.3 Cr.
Core profit YoY: to loss
· reported profit -77.3%
Cash & debt
FY25 cash from operations −₹4.0 Cr:
-213% of FY25 net profit of ₹1.9 Cr.
Borrowings ₹13.0 Cr at Mar 2025.
Against its own trend ?
Trend Actual Gap
Sales ₹32.7 ₹28.5
-12.8% below
Net profit ₹0.7 ₹0.1
-77.8% below
530171
· 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 Operating cash flow was negative in FY25 despite a profit
₹ Cr YoY QoQ
Dec 2025 Sep 2025 Dec 2024
Sales
from loss from loss
0.2 -0.1 -0.5
Operating profit
loss narrowed loss narrowed
-0.0 -0.4 -0.8
OPM %
— —
-18.2% — —
Other income
-30.0% -68.2%
0.1 0.2 0.1
Net profit
from loss from loss
0.0 -0.2 -0.7
PAT margin %
— —
13.6% — —
EPS (₹)
from loss from loss
0.06 -0.36 -1.36
Quality of profit
Pre-tax profit ₹0.0 Cr: core business −₹0.0 Cr, other income ₹0.1 Cr.
Core profit YoY: loss narrowed
Cash & debt
FY25 cash from operations −₹2.2 Cr:
-137% of FY25 net profit of ₹1.6 Cr.
Borrowings nil at Mar 2025.
530175
· Q3 FY26 · Standalone
M Cap —
P/E —
PEG —
Profit -32% below its own trend Operating margin contracted 568 bps YoY 52% of pre-tax profit came from other income and one-off items
₹ Cr YoY QoQ
Dec 2025 Sep 2025 Dec 2024
Sales
-5.2% +1.6%
6.9 6.8 7.2
Operating profit
-30.9% +12.9%
1.1 0.9 1.5
OPM %
-568 bps +153 bps
15.3% 13.8% 21.0%
Other income
-12.0% -1.5%
0.7 0.7 0.8
Net profit
-30.0% +5.8%
0.9 0.9 1.3
PAT margin %
-469 bps +52 bps
13.2% 12.7% 17.9%
EPS (₹)
-30.5% +5.6%
0.57 0.54 0.82
Quality of profit
Core 48% Other income & one-offs 52%
Pre-tax profit ₹1.3 Cr: core business ₹0.6 Cr, other income ₹0.7 Cr.
Core profit YoY: -39.6%
· reported profit -30.0%
Cash & debt
FY25 cash from operations ₹6.2 Cr:
144% of FY25 net profit of ₹4.3 Cr.
Borrowings nil at Mar 2025.
Against its own trend ?
Trend Actual Gap
Sales ₹7.3 ₹6.9
-6.5% below
Net profit ₹1.3 ₹0.9
-31.6% 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.
Data source Quarterly results filed by listed companies with NSE and BSE (Regulation 33 of SEBI LODR), read from each filing; share prices from the exchanges; market cap and P/E from our daily fundamentals snapshot.
Last updated 13 Oct 2026, 23:29 IST