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 14 Oct 2026, 00:15 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 28 of 36

Surat Trade and Mercantile Ltd

530185 · Q3 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Profit -73% below its own trend
  • Operating margin expanded 115 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 -20.1%-31.6% 11.416.714.3
Operating profit loss narrowedloss narrowed -0.3-1.6-0.6
OPM % +115 bps+692 bps -3.0%-9.9%-4.1%
Other income -22.1%+30.4% 3.62.74.6
Net profit -58.2%+829.6% 2.50.36.0
PAT margin % -2013 bps+2040 bps 22.0%1.6%42.1%
EPS (₹) -59.3%— 0.110.010.27

Quality of profit

Pre-tax profit ₹3.0 Cr: core business −₹0.5 Cr, other income ₹3.6 Cr.

Core profit YoY: loss narrowed · reported profit -58.2%

Cash & debt

FY25 cash from operations −₹9.0 Cr: -77% of FY25 net profit of ₹11.7 Cr.

Borrowings ₹2.0 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹12.0₹11.4 -4.8% in line
Net profit₹9.3₹2.5 -72.9% below

Brawn Biotech Ltd

530207 · Q3 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Turnaround: profit against a loss a year ago
  • Operating margin expanded 1018 bps YoY
  • All of pre-tax profit came from other income or one-off items
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales +12.2%-11.9% 4.34.93.8
Operating profit loss narrowedto loss -0.00.0-0.4
OPM % +1018 bps-44 bps -0.2%0.2%-10.4%
Other income —+0.0% 0.10.10.0
Net profit from loss-28.6% 0.10.1-0.4
PAT margin % +1236 bps-27 bps 1.2%1.4%-11.2%
EPS (₹) from loss-26.1% 0.170.23-1.43

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 ₹0.1 Cr.

Borrowings nil at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹5.3₹4.3 -19.3% below

Inter State Oil Carrier Ltd

530259 · Q3 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Profit -75% below its own trend
  • Operating margin contracted 219 bps YoY
  • 71% of pre-tax profit came from other income and one-off items
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales +23.2%+5.5% 26.224.821.2
Operating profit -3.2%-0.9% 2.12.12.2
OPM % -219 bps-52 bps 8.0%8.5%10.2%
Other income +50.0%+84.6% 0.20.10.2
Net profit -66.7%-32.3% 0.20.30.6
PAT margin % -216 bps-45 bps 0.8%1.2%3.0%
EPS (₹) -66.7%-32.3% 0.420.621.26

Quality of profit

Core 29%Other income & one-offs 71%

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

Core profit YoY: -82.5% · reported profit -66.7%

Cash & debt

FY25 cash from operations ₹9.0 Cr: 783% of FY25 net profit of ₹1.1 Cr.

Borrowings ₹24.0 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹23.0₹26.2 +14.1% above
Net profit₹0.9₹0.2 -75.5% below

Arigato Universe Ltd

530267 · Q3 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Turnaround: profit against a loss a year ago
  • 57% of pre-tax profit came from other income and one-off items
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales —-52.9% 6.313.40.0
Operating profit from loss+34.0% 0.70.5-3.4
OPM % —+687 bps 10.6%3.7%—
Other income +333.3%+69.6% 0.40.20.1
Net profit from loss-24.6% 0.50.6-3.3
PAT margin % —+273 bps 7.3%4.5%—
EPS (₹) from loss-25.0% 0.751.00-5.40

Quality of profit

Core 43%Other income & one-offs 57%

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

Core profit YoY: from loss

Cash & debt

FY25 cash from operations −₹6.7 Cr.

Borrowings ₹4.2 Cr at Mar 2025.

SP Capital Financing Ltd

530289 · Q3 FY26 · Consolidated
M Cap
—
P/E
—
PEG
—
  • Profit +999% above its own trend
  • Operating margin expanded 1547 bps YoY
  • 27% of pre-tax profit came from other income and one-off items
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales +170.2%-17.3% 3.54.31.3
Operating profit +225.0%-19.0% 3.24.01.0
OPM % +1547 bps-188 bps 91.8%93.7%76.3%
Other income —— 0.70.10.0
Net profit? —-20.1% 1.92.30.1
PAT margin % +4672 bps-185 bps 52.8%54.7%6.1%
EPS (₹) —-20.1% 3.113.890.13

Quality of profit

Core 73%Other income & one-offs 27%

Pre-tax profit ₹2.6 Cr: core business ₹1.9 Cr, other income ₹0.7 Cr.

Cash & debt

FY25 cash from operations ₹1.4 Cr: 149% of FY25 net profit of ₹0.9 Cr.

Borrowings ₹100 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹2.6₹3.5 +35.1% above
Net profit₹0.2₹1.9 +999.0% above

Shree Rajiv Lochan Oil Extraction Ltd

530295 · 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 —— 0.00.00.0
Operating profit —loss narrowed -0.1-0.1-0.1
Other income -30.0%+0.0% 0.10.10.1
Net profit -60.0%+100.0% 0.00.00.1
EPS (₹) -58.3%+150.0% 0.050.020.12

Quality of profit

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

Core profit YoY: — · reported profit -60.0%

Cash & debt

FY25 cash from operations −₹0.7 Cr.

Borrowings ₹0.4 Cr at Mar 2025.

Chandra Prabhu International Ltd

530309 · Q3 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Profit -98% 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 -66.5%+15.1% 88.877.2265
Operating profit -71.8%from loss 0.9-0.43.2
OPM % -19 bps+156 bps 1.0%-0.6%1.2%
Other income -89.1%-84.1% 0.42.53.6
Net profit -95.1%-80.5% 0.20.83.3
PAT margin % -106 bps-88 bps 0.2%1.1%1.2%
EPS (₹) -95.0%-80.0% 0.060.301.19

Quality of profit

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

Core profit YoY: to loss · reported profit -95.1%

Cash & debt

FY25 cash from operations −₹5.0 Cr: -212% of FY25 net profit of ₹2.4 Cr.

Borrowings ₹81.0 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹301₹88.8 -70.5% below
Net profit₹6.6₹0.2 -97.6% below

Hindustan Tin Works Ltd

530315 · Q3 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Operating margin expanded 165 bps YoY
  • 33% of pre-tax profit came from other income and one-off items
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales -1.2%-25.0% 87.711788.8
Operating profit +22.9%+8.3% 7.46.86.0
OPM % +165 bps+260 bps 8.4%5.9%6.8%
Other income -9.5%+8.2% 1.11.01.2
Net profit -21.8%+38.7% 2.41.73.1
PAT margin % -72 bps+126 bps 2.7%1.5%3.5%
EPS (₹) -21.7%+39.2% 2.311.662.95

Quality of profit

Core 67%Other income & one-offs 33%

Pre-tax profit ₹3.2 Cr: core business ₹2.2 Cr, other income ₹1.1 Cr.

Core profit YoY: -14.3% · reported profit -21.8%

Cash & debt

FY25 cash from operations ₹56.0 Cr: 456% of FY25 net profit of ₹12.3 Cr.

Borrowings ₹77.0 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹96.9₹87.7 -9.4% below
Net profit₹2.6₹2.4 -8.9% in line

Godavari Drugs Ltd

530317 · Q3 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Profit +56% above its own trend
  • Operating margin expanded 241 bps YoY
  • 26% of pre-tax profit came from other income and one-off items
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales -24.9%-16.8% 22.226.629.6
Operating profit -4.3%+23.5% 2.52.02.6
OPM % +241 bps+363 bps 11.1%7.5%8.7%
Other income +170.0%-57.8% 0.30.60.1
Net profit -1.3%-24.0% 0.81.00.8
PAT margin % +82 bps-33 bps 3.4%3.8%2.6%
EPS (₹) -1.0%-24.1% 1.011.331.02

Quality of profit

Core 74%Other income & one-offs 26%

Pre-tax profit ₹1.0 Cr: core business ₹0.8 Cr, other income ₹0.3 Cr.

Core profit YoY: -9.6% · reported profit -1.3%

Cash & debt

FY25 cash from operations ₹11.0 Cr: 251% of FY25 net profit of ₹4.4 Cr.

Borrowings ₹64.0 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹21.0₹22.2 +5.4% above
Net profit₹0.5₹0.8 +55.5% above

Premco Global Ltd

530331 · Q3 FY26 · Consolidated
M Cap
—
P/E
—
PEG
—
  • Operating margin contracted 1235 bps YoY
  • All of pre-tax profit came from other income or one-off items
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales -39.6%-34.4% 16.925.727.9
Operating profit -95.9%-94.9% 0.12.93.7
OPM % -1235 bps-1051 bps 0.9%11.4%13.2%
Other income —+813.2% 4.80.50.4
Net profit? -12.4%-0.6% 1.71.71.9
PAT margin % +314 bps+343 bps 10.1%6.7%6.9%
EPS (₹) -12.4%-0.6% 5.145.175.87

Quality of profit

Pre-tax profit ₹2.9 Cr: core business −₹1.9 Cr, other income ₹4.8 Cr.

Core profit YoY: to loss · reported profit -12.4%

Cash & debt

FY25 cash from operations ₹5.5 Cr: 57% of FY25 net profit of ₹9.5 Cr.

Borrowings ₹10.5 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹29.7₹16.9 -43.2% below
Net profit₹1.9₹1.7 -8.1% in line

Vamshi Rubber Ltd

530369 · Q3 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Profit +13% above 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 -7.8%-18.6% 18.923.220.5
Operating profit -11.1%-31.2% 0.60.90.7
OPM % -13 bps-62 bps 3.4%4.0%3.5%
Other income +66.7%+0.0% 0.10.10.1
Net profit +33.3%-64.7% 0.10.30.1
PAT margin % +20 bps-83 bps 0.6%1.5%0.4%
EPS (₹) +38.1%-64.2% 0.290.810.21

Quality of profit

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

Core profit YoY: to loss · reported profit +33.3%

Cash & debt

FY25 cash from operations −₹0.4 Cr: -74% of FY25 net profit of ₹0.5 Cr.

Borrowings ₹20.6 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹20.9₹18.9 -9.9% below
Net profit₹0.1₹0.1 +13.5% above

Kuwer Industries Ltd

530421 · Q3 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Profit -87% below its own trend
  • Operating margin contracted 446 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 -9.9%-13.0% 13.615.615.0
Operating profit -46.1%-66.4% 0.92.71.7
OPM % -446 bps-1056 bps 6.6%17.2%11.1%
Other income +325.0%-10.5% 0.20.20.0
Net profit -82.7%-94.7% 0.11.70.5
PAT margin % -279 bps-1018 bps 0.7%10.8%3.5%
EPS (₹) -82.5%-94.6% 0.101.860.57

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 -82.7%

Cash & debt

FY25 cash from operations −₹3.8 Cr: -847% of FY25 net profit of ₹0.4 Cr.

Borrowings ₹32.2 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹15.4₹13.6 -12.2% below
Net profit₹0.7₹0.1 -87.4% below

Ashish Polyplast Ltd

530429 · Q3 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Profit +999% above its own trend
  • Operating margin expanded 268 bps YoY
  • 58% of pre-tax profit came from other income and one-off items
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales -20.8%-4.1% 3.53.74.5
Operating profit +58.3%+72.7% 0.20.10.1
OPM % +268 bps+239 bps 5.4%3.0%2.7%
Other income —from loss 0.1-0.10.0
Net profit +650.0%from loss 0.1-0.10.0
PAT margin % +379 bps+613 bps 4.2%-1.9%0.4%
EPS (₹) +633.3%from loss 0.44-0.210.06

Quality of profit

Core 42%Other income & one-offs 58%

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

Core profit YoY: from loss · reported profit +650.0%

Cash & debt

FY25 cash from operations ₹0.6 Cr: 254% of FY25 net profit of ₹0.2 Cr.

Borrowings ₹0.2 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹4.4₹3.5 -19.9% below
Net profit₹0.0₹0.1 +999.0% above

Sumeru Industries Ltd

530445 · Q3 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Profit +33% above its own trend
  • All of pre-tax profit came from other income or one-off items
  • FY25 operating cash flow was only 20% of profit
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales —— 0.00.00.0
Operating profit loss narrowedloss narrowed -0.0-0.1-0.1
Other income -30.0%-22.2% 0.10.10.1
Net profit -33.3%+0.0% 0.00.00.0
EPS (₹) —— 0.000.000.00

Quality of profit

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

Core profit YoY: loss narrowed · reported profit -33.3%

Cash & debt

FY25 cash from operations ₹0.0 Cr: 20% of FY25 net profit of ₹0.1 Cr.

Borrowings ₹0.1 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Net profit₹0.0₹0.0 +33.3% above

Valson Industries Ltd

530459 · Q3 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Profit +63% above its own trend
  • Operating margin expanded 104 bps YoY
  • 50% of pre-tax profit came from other income and one-off items
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales -27.6%-0.9% 27.227.437.6
Operating profit +1.0%+26.6% 1.00.81.0
OPM % +104 bps+80 bps 3.7%2.9%2.6%
Other income +0.0%-10.0% 0.10.10.1
Net profit +128.6%— 0.20.00.1
PAT margin % +40 bps+55 bps 0.6%0.0%0.2%
EPS (₹) +133.3%— 0.210.010.09

Quality of profit

Core 50%Other income & one-offs 50%

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

Core profit YoY: from loss · reported profit +128.6%

Cash & debt

FY25 cash from operations ₹5.0 Cr: 820% of FY25 net profit of ₹0.6 Cr.

Borrowings ₹14.0 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹41.1₹27.2 -33.8% below
Net profit₹0.1₹0.2 +62.6% above

Virat Industries Ltd

530521 · Q3 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Profit +392% above its own trend
  • 91% of pre-tax profit came from other income and one-off items
  • Profit grew faster than the core business (core profit +36%)
  • Operating cash flow was negative in FY25 despite a profit
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales -7.3%-19.2% 5.87.26.3
Operating profit -15.2%-62.2% 0.30.70.3
OPM % -44 bps-543 bps 4.8%10.2%5.2%
Other income —-17.7% 1.51.80.1
Net profit +883.3%-35.2% 1.21.80.1
PAT margin % +1827 bps-497 bps 20.2%25.1%1.9%
EPS (₹) +237.5%-35.2% 0.811.250.24

Quality of profit

Core 9%Other income & one-offs 91%

Pre-tax profit ₹1.6 Cr: core business ₹0.2 Cr, other income ₹1.5 Cr.

Core profit YoY: +36.4% · reported profit +883.3%

Cash & debt

FY25 cash from operations −₹0.8 Cr: -90% of FY25 net profit of ₹0.9 Cr.

Borrowings ₹0.6 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹6.6₹5.8 -11.5% below
Net profit₹0.2₹1.2 +391.7% above

Terai Tea Company Ltd

530533 · Q3 FY26 · Consolidated
M Cap
—
P/E
—
PEG
—
  • Profit +793% above its own trend
  • Operating margin expanded 627 bps YoY
  • 99% of pre-tax profit came from other income and one-off items
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales -68.1%-27.0% 11.215.335.1
Operating profit -12.0%from loss 1.1-2.41.2
OPM % +627 bps+2537 bps 9.8%-15.5%3.6%
Other income —+915.8% 1.90.20.1
Net profit? +425.6%from loss 2.3-2.90.4
PAT margin % +1897 bps+3926 bps 20.2%-19.1%1.2%
EPS (₹) +422.2%from loss 3.29-4.240.63

Quality of profit

Core 1%Other income & one-offs 99%

Pre-tax profit ₹1.9 Cr: core business ₹0.0 Cr, other income ₹1.9 Cr.

Core profit YoY: — · reported profit +425.6%

Cash & debt

FY25 cash from operations ₹19.4 Cr: 204% of FY25 net profit of ₹9.5 Cr.

Borrowings ₹68.1 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹23.7₹11.2 -52.8% below
Net profit₹0.3₹2.3 +793.4% above

Prima Plastics Ltd

530589 · Q3 FY26 · Consolidated
M Cap
—
P/E
—
PEG
—
  • Profit +59% above its own trend
  • Operating margin expanded 143 bps YoY
  • 35% of pre-tax profit came from other income and one-off items
  • Profit grew faster than the core business (core profit +31%)
  • FY25 operating cash flow was only 22% of profit
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales +3.6%+7.4% 53.149.451.2
Operating profit +16.5%+43.0% 6.84.85.9
OPM % +143 bps+321 bps 12.9%9.7%11.5%
Other income -18.7%+38.9% 2.21.62.7
Net profit? +53.6%+61.0% 5.33.33.5
PAT margin % +327 bps+334 bps 10.0%6.7%6.8%
EPS (₹) +53.3%+66.1% 4.602.773.00

Quality of profit

Core 65%Other income & one-offs 35%

Pre-tax profit ₹6.3 Cr: core business ₹4.1 Cr, other income ₹2.2 Cr.

Core profit YoY: +31.2% · reported profit +53.6%

Cash & debt

FY25 cash from operations ₹4.0 Cr: 22% of FY25 net profit of ₹18.2 Cr.

Borrowings ₹40.0 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹58.3₹53.1 -8.8% below
Net profit₹3.4₹5.3 +58.5% above

Eco Recycling Ltd

530643 · Q3 FY26 · Consolidated
M Cap
—
P/E
—
PEG
—
  • Profit -52% below its own trend
  • Operating margin contracted 717 bps YoY
  • 27% of pre-tax profit came from other income and one-off items
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales -40.4%-59.0% 5.914.49.9
Operating profit -46.8%-51.0% 3.57.26.6
OPM % -717 bps+970 bps 59.6%49.9%66.7%
Other income from loss— 1.10.1-0.5
Net profit? -56.8%-63.4% 2.05.64.7
PAT margin % -1310 bps-415 bps 34.7%38.8%47.8%
EPS (₹) -59.7%-65.7% 1.022.972.53

Quality of profit

Core 73%Other income & one-offs 27%

Pre-tax profit ₹4.2 Cr: core business ₹3.1 Cr, other income ₹1.1 Cr.

Core profit YoY: -50.2% · reported profit -56.8%

Cash & debt

FY25 cash from operations ₹17.0 Cr: 73% of FY25 net profit of ₹23.3 Cr.

Borrowings ₹4.0 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹11.6₹5.9 -49.0% below
Net profit₹4.3₹2.0 -52.5% below

KROWNIQ Ltd

530689 · Q3 FY26 · Consolidated
M Cap
—
P/E
—
PEG
—
  • Profit -36% below its own trend
  • Operating margin contracted 166 bps YoY
  • 49% of pre-tax profit came from other income and one-off items
  • Profit grew faster than the core business (core profit -45%)
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales +14.4%+1.1% 90.689.679.2
Operating profit -26.2%-10.2% 2.73.03.7
OPM % -166 bps-38 bps 3.0%3.4%4.7%
Other income from loss+5.4% 1.00.9-0.3
Net profit? +27.7%-34.0% 2.03.01.6
PAT margin % +23 bps-116 bps 2.2%3.3%2.0%
EPS (₹) +27.5%-34.2% 1.021.550.80

Quality of profit

Core 51%Other income & one-offs 49%

Pre-tax profit ₹2.0 Cr: core business ₹1.0 Cr, other income ₹1.0 Cr.

Core profit YoY: -44.5% · reported profit +27.7%

Cash & debt

FY25 cash from operations ₹57.0 Cr: 2192% of FY25 net profit of ₹2.6 Cr.

Borrowings ₹43.0 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹70.1₹90.6 +29.2% above
Net profit₹3.1₹2.0 -36.1% below

Prime Property Development Corporation Ltd

530695 · 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%— 0.00.08.0
Operating profit to loss— -1.0-1.04.0
Other income +100.0%+0.0% 2.02.01.0
Net profit? -66.7%+0.0% 1.01.03.0
EPS (₹) -72.8%-11.3% 0.550.622.02

Quality of profit

Pre-tax profit ₹1.0 Cr: core business −₹1.0 Cr, other income ₹2.0 Cr.

Core profit YoY: to loss · reported profit -66.7%

Cash & debt

FY25 cash from operations ₹4.0 Cr: 200% of FY25 net profit of ₹2.0 Cr.

Borrowings nil at Mar 2025.

Super Bakers India Ltd

530735 · Q3 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • All of pre-tax profit came from other income or one-off items
  • FY25 operating cash flow was only 44% of profit
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales —— 0.00.00.0
Operating profit loss widenedloss widened -0.1-0.1-0.1
Other income +0.0%-4.3% 0.20.20.2
Net profit +20.0%-7.7% 0.10.10.1
EPS (₹) +21.2%-7.0% 0.400.430.33

Quality of profit

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

Core profit YoY: loss widened · reported profit +20.0%

Cash & debt

FY25 cash from operations ₹0.2 Cr: 44% of FY25 net profit of ₹0.4 Cr.

Borrowings nil at Mar 2025.

Against its own trend ?

TrendActualGap
Net profit₹0.1₹0.1 -0.5% in line

Ovobel Foods Ltd

530741 · Q3 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Turnaround: profit against a loss a year ago
  • Operating margin expanded 859 bps YoY
  • 75% of pre-tax profit came from other income and one-off items
  • FY25 operating cash flow was only 40% of profit
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales +45.1%+29.8% 74.057.051.0
Operating profit from loss-71.4% 2.07.0-3.0
OPM % +859 bps-958 bps 2.7%12.3%-5.9%
Other income +33.3%+33.3% 4.03.03.0
Net profit from loss-50.0% 3.06.0-1.0
PAT margin % +601 bps-647 bps 4.1%10.5%-2.0%
EPS (₹) from loss-56.6% 2.936.75-1.21

Quality of profit

Core 25%Other income & one-offs 75%

Pre-tax profit ₹4.0 Cr: core business ₹1.0 Cr, other income ₹4.0 Cr, exceptional & other items −₹1.0 Cr.

Core profit YoY: from loss

Cash & debt

FY25 cash from operations ₹4.0 Cr: 40% of FY25 net profit of ₹10.0 Cr.

Borrowings ₹27.0 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹67.0₹74.0 +10.4% above

Sunshield Chemicals Ltd

530845 · Q3 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Profit +82% above its own trend
  • Operating margin expanded 124 bps YoY
  • 29% of pre-tax profit came from other income and one-off items
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales +11.8%-22.1% 95.012285.0
Operating profit +28.6%-35.7% 9.014.07.0
OPM % +124 bps-200 bps 9.5%11.5%8.2%
Other income +0.0%— 1.00.01.0
Net profit +150.0%-28.6% 5.07.02.0
PAT margin % +291 bps-47 bps 5.3%5.7%2.4%
EPS (₹) +200.5%-32.4% 5.568.221.85

Quality of profit

Core 71%Other income & one-offs 29%

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

Core profit YoY: +150.0% · reported profit +150.0%

Cash & debt

FY25 cash from operations ₹48.0 Cr: 320% of FY25 net profit of ₹15.0 Cr.

Borrowings ₹100 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹111₹95.0 -14.7% below
Net profit₹2.8₹5.0 +81.8% above

Hipolin Ltd

530853 · Q3 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Turnaround: profit against a loss a year ago
  • Operating margin expanded 971 bps YoY
  • All of pre-tax profit came from other income or one-off items
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales -25.4%+18.2% 3.83.25.0
Operating profit loss narrowed— -0.10.0-0.6
OPM % +971 bps-160 bps -1.6%0.0%-11.3%
Other income +83.3%+120.0% 0.10.10.1
Net profit from loss— 0.00.0-0.6
PAT margin % +1158 bps+27 bps 0.3%0.0%-11.3%
EPS (₹) from loss— 0.030.00-1.82

Quality of profit

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

Core profit YoY: loss narrowed

Cash & debt

FY25 cash from operations −₹3.2 Cr.

Borrowings ₹2.9 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹3.3₹3.8 +12.3% above

NG Industries Ltd

530897 · Q3 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Profit -87% below its own trend
  • Operating margin expanded 117 bps YoY
  • 46% of pre-tax profit came from other income and one-off items
  • Core business grew faster than reported profit (core profit +33%)
  • FY25 operating cash flow was only 23% of profit
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales +7.3%+5.9% 4.34.04.0
Operating profit +19.5%+53.1% 0.50.30.4
OPM % +117 bps+352 bps 11.4%7.9%10.2%
Other income -96.5%-37.2% 0.30.47.7
Net profit -93.7%-2.3% 0.40.46.7
PAT margin % —-83 bps 9.8%10.6%—
EPS (₹) -93.8%-2.3% 1.251.2820.03

Quality of profit

Core 54%Other income & one-offs 46%

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

Core profit YoY: +33.3% · reported profit -93.7%

Cash & debt

FY25 cash from operations ₹1.8 Cr: 23% of FY25 net profit of ₹7.8 Cr.

Borrowings ₹1.8 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹4.0₹4.3 +6.6% above
Net profit₹3.4₹0.4 -87.5% below

Asia Pack Ltd

530899 · 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
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales +0.0%+0.0% 0.10.10.1
Operating profit loss narrowedloss narrowed -0.1-0.1-0.3
Other income +15.0%+360.0% 0.20.10.2
Net profit from lossfrom loss 0.1-0.1-0.1
EPS (₹) from lossfrom loss 0.57-0.42-0.27

Quality of profit

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

Core profit YoY: loss narrowed

Cash & debt

FY25 cash from operations −₹0.3 Cr: -80% of FY25 net profit of ₹0.4 Cr.

Borrowings nil at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹0.1₹0.1 +0.0% in line

Ramsons Projects Ltd

530925 · Q3 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Profit -97% below its own trend
  • All of pre-tax profit came from other income or one-off items
  • FY25 operating cash flow was only 7% of profit
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales -100.0%-100.0% 0.02.80.3
Operating profit to lossto loss -0.22.50.2
Other income —+0.0% 0.20.20.0
Net profit -94.1%-99.6% 0.02.40.2
EPS (₹) -94.7%-99.6% 0.037.820.57

Quality of profit

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

Core profit YoY: to loss · reported profit -94.1%

Cash & debt

FY25 cash from operations ₹0.2 Cr: 7% of FY25 net profit of ₹2.7 Cr.

Borrowings nil at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹0.6₹0.0 -100.0% below
Net profit₹0.3₹0.0 -97.1% below

Raminfo Ltd

530951 · Q3 FY26 · Consolidated
M Cap
—
P/E
—
PEG
—
  • Profit +501% above its own trend
  • Operating margin expanded 606 bps YoY
  • 48% 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 +88.9%-34.1% 7.811.84.1
Operating profit +173.2%+22.4% 1.51.20.6
OPM % +606 bps+905 bps 19.6%10.6%13.6%
Other income -27.0%+14.9% 0.50.50.7
Net profit? +327.3%+40.3% 0.90.70.2
PAT margin % +672 bps+639 bps 12.1%5.7%5.3%
EPS (₹) +317.2%+45.8% 1.210.830.29

Quality of profit

Core 52%Other income & one-offs 48%

Pre-tax profit ₹1.1 Cr: core business ₹0.6 Cr, other income ₹0.5 Cr.

Core profit YoY: from loss · reported profit +327.3%

Cash & debt

FY25 cash from operations −₹5.0 Cr: -284% of FY25 net profit of ₹1.8 Cr.

Borrowings ₹8.3 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹3.4₹7.8 +128.5% above
Net profit₹0.2₹0.9 +500.8% above

Alfa Ica India Ltd

530973 · Q3 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Turnaround: profit against a loss a year ago
  • Operating margin expanded 499 bps YoY
  • 52% of pre-tax profit came from other income and one-off items
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales +9.4%+16.8% 22.219.020.3
Operating profit —+9.4% 1.21.10.1
OPM % +499 bps-35 bps 5.2%5.6%0.2%
Other income +50.0%-27.0% 0.30.40.2
Net profit from loss-13.3% 0.40.5-0.5
PAT margin % +442 bps-61 bps 1.8%2.4%-2.7%
EPS (₹) from loss-12.6% 0.971.11-1.34

Quality of profit

Core 48%Other income & one-offs 52%

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 ₹1.9 Cr: 130% of FY25 net profit of ₹1.4 Cr.

Borrowings ₹19.0 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹21.7₹22.2 +2.4% in line

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