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, 06:44 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

Latest Q3 FY26 results 4316

Page 48 of 144

Systematix Corporate Services Limited

SYSTMTXC · Capital Markets & Broking · Q3 FY26 · Consolidated
M Cap
₹998 Cr
P/E
—
PEG
—
₹ CrQoQ Dec 2025Sep 2025
Sales -39.7% 33.655.7
Operating profit -81.4% 3.820.6
OPM % -2558 bps 11.4%37.0%
Other income to loss -0.10.8
Net profit? -95.2% 0.714.5
PAT margin % -2395 bps 2.1%26.0%
EPS (₹) -95.3% 0.051.06

Quality of profit

Pre-tax profit ₹1.5 Cr: core business ₹1.5 Cr, other income −₹0.1 Cr.

Panache Digilife Limited

PANACHE · Computer Hardware · Q3 FY26 · Consolidated
M Cap
₹991 Cr
P/E
51.4
PEG
0.36
  • Operating margin contracted 690 bps YoY
  • Core business grew faster than reported profit (core profit +135%)
  • Operating cash flow was negative in FY25 despite a profit
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales +257.8%+90.7% 74.539.120.8
Operating profit +98.2%+154.3% 6.42.53.2
OPM % -690 bps+214 bps 8.6%6.4%15.5%
Other income +41.5%-35.2% 0.20.40.2
Net profit? +115.3%+199.8% 4.31.42.0
PAT margin % -378 bps+208 bps 5.7%3.6%9.5%
EPS (₹) +97.9%+201.1% 2.800.931.42

Quality of profit

Core 96%Other income & one-offs 4%

Pre-tax profit ₹5.7 Cr: core business ₹5.4 Cr, other income ₹0.2 Cr.

Core profit YoY: +135.4% · reported profit +115.3%

Cash & debt

FY25 cash from operations −₹15.0 Cr: -227% of FY25 net profit of ₹6.6 Cr.

Borrowings ₹21.0 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹31.6₹74.5 +135.9% above
Net profit₹4.0₹4.3 +7.7% in line

Themis Medicare Limited

THEMISMED · Pharmaceuticals · Q3 FY26 · Consolidated
M Cap
₹991 Cr
P/E
24.6
PEG
—
  • Operating margin expanded 178 bps YoY
  • 57% of pre-tax profit came from other income and one-off items
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales -3.9%+15.6% 90.178.093.8
Operating profit +14.9%from loss 9.8-3.18.5
OPM % +178 bps+1483 bps 10.9%-4.0%9.1%
Other income +25.5%-60.4% 1.33.21.0
Net profit? —from loss 10.1-3.60.5
PAT margin % +1064 bps+1583 bps 11.2%-4.6%0.6%
EPS (₹) —from loss 1.10-0.390.06

Quality of profit

Core 43%Other income & one-offs 57%

Pre-tax profit ₹10.4 Cr: core business ₹4.5 Cr, other income ₹1.3 Cr, exceptional & other items ₹4.7 Cr.

Core profit YoY: +39.2%

Cash & debt

FY25 cash from operations ₹35.0 Cr: 117% of FY25 net profit of ₹29.8 Cr.

Borrowings ₹83.0 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹71.6₹90.1 +25.9% above

Lokesh Machines Limited

LOKESHMACH · Engineering & Capital Goods · Q3 FY26 · Standalone
M Cap
₹989 Cr
P/E
224.0
PEG
—
  • Turnaround: profit against a loss a year ago
  • Operating margin expanded 1687 bps YoY
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales -2.0%+0.6% 50.750.451.8
Operating profit +871.4%-1.0% 9.59.61.0
OPM % +1687 bps-30 bps 18.8%19.1%1.9%
Other income -50.0%-22.3% 0.20.20.3
Net profit from loss+0.6% 0.60.6-4.1
PAT margin % +916 bps+0 bps 1.2%1.2%-7.9%
EPS (₹) from loss+3.2% 0.320.31-2.14

Quality of profit

Core 83%Other income & one-offs 17%

Pre-tax profit ₹0.9 Cr: core business ₹0.8 Cr, other income ₹0.2 Cr.

Core profit YoY: from loss

Cash & debt

FY25 cash from operations ₹21.0 Cr: 4118% of FY25 net profit of ₹0.5 Cr.

Borrowings ₹134 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹32.8₹50.7 +54.5% above

Krishival Foods Limited

KRISHIVAL · Packaged Foods & Food Processing · Q3 FY26 · Consolidated
M Cap
₹988 Cr
P/E
42.2
PEG
0.88
  • Profit +999% above its own trend
  • Operating margin expanded 673 bps YoY
  • 29% of pre-tax profit came from other income and one-off items
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales +36.0%+11.6% 74.466.754.7
Operating profit +203.1%+11.4% 9.18.23.0
OPM % +673 bps-2 bps 12.2%12.2%5.5%
Other income —+9.6% 2.42.20.2
Net profit? —+10.6% 6.45.80.1
PAT margin % +853 bps-8 bps 8.6%8.7%0.1%
EPS (₹) +540.0%+30.9% 2.882.200.45

Quality of profit

Core 70%Other income & one-offs 30%

Pre-tax profit ₹8.3 Cr: core business ₹5.8 Cr, other income ₹2.4 Cr.

Core profit YoY: +320.4%

Cash & debt

FY25 cash from operations ₹46.0 Cr: 340% of FY25 net profit of ₹13.5 Cr.

Borrowings ₹13.0 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹87.3₹74.4 -14.7% below
Net profit₹0.1₹6.4 +999.0% above

Western Carriers (India) Limited

WCIL · Logistics · Q3 FY26 · Standalone
M Cap
₹987 Cr
P/E
26.9
PEG
—
  • Profit +42% above its own trend
  • Operating cash flow was negative in FY25 despite a profit
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales +7.9%+8.8% 478440443
Operating profit +2.2%+27.1% 23.918.823.4
OPM % -28 bps+72 bps 5.0%4.3%5.3%
Other income -45.9%-36.7% 2.84.45.1
Net profit -18.0%+21.1% 10.88.913.2
PAT margin % -71 bps+23 bps 2.3%2.0%3.0%
EPS (₹) -17.8%+20.5% 1.060.881.29

Quality of profit

Core 81%Other income & one-offs 19%

Pre-tax profit ₹14.7 Cr: core business ₹11.9 Cr, other income ₹2.8 Cr.

Core profit YoY: -6.5% · reported profit -18.0%

Cash & debt

FY25 cash from operations −₹3.0 Cr: -5% of FY25 net profit of ₹65.1 Cr.

Borrowings ₹176 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹444₹478 +7.8% above
Net profit₹7.6₹10.8 +42.4% above

Crest Ventures Limited

CREST · NBFC & Finance Companies · Q3 FY26 · Consolidated
M Cap
₹979 Cr
P/E
29.1
PEG
—
  • Profit +14% above its own trend
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Total income -21.1%+21.0% 35.729.545.3
Net interest income -24.7%— 29.2—38.8
Other income -4.7%— 1.2—1.3
Net profit? -32.2%+163.4% 9.83.714.5
EPS (₹) -33.4%+157.3% 3.371.315.06

Against its own trend ?

TrendActualGap
Net profit₹8.6₹9.8 +14.0% above

Suraj Estate Developers Limited

SURAJEST · Construction & Infrastructure · Q3 FY26 · Consolidated
M Cap
₹974 Cr
P/E
10.6
PEG
0.26
  • Profit +26% above its own trend
  • Operating margin expanded 279 bps YoY
  • Operating cash flow was negative in FY25 despite a profit
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales +6.0%+24.5% 180145170
Operating profit +17.0%-17.2% 53.664.745.8
OPM % +279 bps-1503 bps 29.8%44.8%27.0%
Other income -27.5%+66.9% 1.40.92.0
Net profit? +25.9%-24.0% 25.233.120.0
PAT margin % +221 bps-892 bps 14.0%22.9%11.8%
EPS (₹) +28.6%-23.9% 5.447.154.23

Quality of profit

Core 96%Other income & one-offs 4%

Pre-tax profit ₹34.2 Cr: core business ₹32.7 Cr, other income ₹1.4 Cr.

Core profit YoY: +36.1% · reported profit +25.9%

Cash & debt

FY25 cash from operations −₹306 Cr: -82% of FY25 net profit of ₹372 Cr.

Borrowings ₹461 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹229₹180 -21.2% below
Net profit₹19.9₹25.2 +26.2% above

Tamil Nadu Newsprint & Papers Limited

TNPL · Paper · Q3 FY26 · Consolidated
M Cap
₹973 Cr
P/E
—
PEG
—
  • Turnaround: profit against a loss a year ago
  • Operating margin expanded 648 bps YoY
₹ CrYoY Dec 2025Dec 2024
Sales +0.8% 1,1461,137
Operating profit +113.8% 14165.8
OPM % +648 bps 12.3%5.8%
Net profit? from loss 6.8-42.9
PAT margin % +436 bps 0.6%-3.8%

Quality of profit

Core 100%Other income & one-offs 0%

Pre-tax profit ₹11.8 Cr: core business ₹11.8 Cr.

Core profit YoY: from loss

Shree Vasu Logistics Limited

SVLL · Logistics · Q3 FY26 · Standalone
M Cap
₹971 Cr
P/E
8.8
PEG
—
  • Into loss: a profit a year ago
  • Profit -188% below its own trend
  • Operating margin contracted 433 bps YoY
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales +51.4%-0.3% 55.856.036.9
Operating profit +27.4%-5.8% 12.813.610.1
OPM % -433 bps-136 bps 22.9%24.3%27.3%
Other income +915.8%+97.8% 0.80.40.1
Net profit to lossto loss -0.71.20.4
PAT margin % -225 bps-339 bps -1.2%2.2%1.0%
EPS (₹) to lossto loss -0.591.060.33

Quality of profit

Pre-tax profit −₹0.9 Cr: core business −₹1.7 Cr, other income ₹0.8 Cr.

Core profit YoY: to loss

Cash & debt

FY25 cash from operations ₹18.0 Cr: 825% of FY25 net profit of ₹2.2 Cr.

Borrowings ₹67.0 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹51.4₹55.8 +8.7% above
Net profit₹0.8−₹0.7 -188.3% below

Faze Three Limited

FAZE3Q · Textiles · Q3 FY26 · Consolidated
M Cap
₹970 Cr
P/E
28.6
PEG
—
  • Profit -60% below its own trend
  • Operating margin contracted 409 bps YoY
  • 28% of pre-tax profit came from other income and one-off items
  • FY25 operating cash flow was only 30% of profit
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales +27.4%+9.6% 227207178
Operating profit -15.0%+248.6% 18.65.321.9
OPM % -409 bps+561 bps 8.2%2.6%12.3%
Other income —+900.0% 2.40.20.1
Net profit? -27.8%from loss 6.4-5.28.9
PAT margin % -216 bps+533 bps 2.8%-2.5%5.0%
EPS (₹) -27.7%from loss 2.64-2.143.65

Quality of profit

Core 72%Other income & one-offs 28%

Pre-tax profit ₹8.4 Cr: core business ₹6.0 Cr, other income ₹2.4 Cr.

Core profit YoY: -47.7% · reported profit -27.8%

Cash & debt

FY25 cash from operations ₹12.0 Cr: 30% of FY25 net profit of ₹40.4 Cr.

Borrowings ₹192 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹236₹227 -3.9% in line
Net profit₹16.2₹6.4 -60.4% below

Ester Industries Limited

ESTER · Packaging · Q3 FY26 · Consolidated
M Cap
₹966 Cr
P/E
—
PEG
—
  • Into loss: a profit a year ago
  • Operating margin contracted 1229 bps YoY
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales -1.9%-4.3% 339354346
Operating profit -71.9%+11.4% 16.715.059.5
OPM % -1229 bps+69 bps 4.9%4.2%17.2%
Other income -16.4%+48.4% 4.53.05.4
Net profit? to lossloss narrowed -12.4-15.824.8
PAT margin % -1084 bps+79 bps -3.7%-4.5%7.2%
EPS (₹) to lossloss narrowed -1.27-1.622.64

Quality of profit

Pre-tax profit −₹12.7 Cr: core business −₹16.9 Cr, other income ₹4.5 Cr.

Core profit YoY: to loss

Cash & debt

FY25 cash from operations ₹112 Cr: 817% of FY25 net profit of ₹13.7 Cr.

Borrowings ₹660 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹404₹339 -16.0% below

Gayatri Projects Limited

GAYAPROJ · Construction & Infrastructure · Q3 FY26 · Consolidated
M Cap
₹966 Cr
P/E
0.4
PEG
0.02
  • Turnaround: profit against a loss a year ago
  • Operating margin contracted 1449 bps YoY
  • All of pre-tax profit came from other income or one-off items
  • Exceptional items of ₹2,129 Cr in the quarter
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales +455.9%+268.9% 50613791.0
Operating profit to lossloss widened -28.8-24.78.0
OPM % -1449 bps+1231 bps -5.7%-18.0%8.8%
Other income —-55.3% 89.42003.0
Net profit? from loss— 2,157159-2.0
EPS (₹) from loss— 115.238.65-0.11

Quality of profit

Pre-tax profit ₹2,179 Cr: core business −₹40.3 Cr, other income ₹89.4 Cr, exceptional & other items ₹2,129 Cr.

Core profit YoY: loss widened

Cash & debt

FY25 cash from operations ₹277 Cr: 223% of FY25 net profit of ₹124 Cr.

Borrowings ₹3,628 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹69.9₹506 +624.1% above

Excelsoft Technologies Limited

EXCELSOFT · IT Enabled Services (BPO/KPO) · Q3 FY26 · Consolidated
M Cap
₹966 Cr
P/E
—
PEG
—
₹ CrQoQ Dec 2025Sep 2025
Sales +9.9% 71.064.6
Operating profit — 19.7—
OPM % — 27.7%—
Other income — 0.6—
Net profit? — 10.3—
PAT margin % — 14.5%—
EPS (₹) — 0.89—

Quality of profit

Core 96%Other income & one-offs 4%

Pre-tax profit ₹13.4 Cr: core business ₹12.8 Cr, other income ₹0.6 Cr.

Dhampur Bio Organics Limited

DBOL · Sugar · Q3 FY26 · Consolidated
M Cap
₹961 Cr
P/E
11.5
PEG
—
  • Turnaround: profit against a loss a year ago
  • Operating margin expanded 540 bps YoY
  • 35% of pre-tax profit came from other income and one-off items
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales +4.7%-12.9% 486558464
Operating profit +168.8%from loss 43.0-8.016.0
OPM % +540 bps+1028 bps 8.8%-1.4%3.4%
Other income from loss-30.8% 9.013.0-1.0
Net profit? from lossfrom loss 17.0-16.0-6.2
PAT margin % +484 bps+637 bps 3.5%-2.9%-1.3%
EPS (₹) from lossfrom loss 2.55-2.41-1.03

Quality of profit

Core 65%Other income & one-offs 35%

Pre-tax profit ₹26.0 Cr: core business ₹17.0 Cr, other income ₹9.0 Cr.

Core profit YoY: from loss

Cash & debt

FY25 cash from operations ₹130 Cr: 823% of FY25 net profit of ₹15.8 Cr.

Borrowings ₹1,162 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹515₹486 -5.6% below

Mamata Machinery Limited

MAMATA · Engineering & Capital Goods · Q3 FY26 · Consolidated
M Cap
₹961 Cr
P/E
107.6
PEG
—
  • Profit -24% below its own trend
  • Operating margin contracted 477 bps YoY
  • 26% of pre-tax profit came from other income and one-off items
  • Profit grew faster than the core business (core profit -39%)
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales -8.5%+25.9% 67.253.473.4
Operating profit -33.7%+27.2% 8.46.612.7
OPM % -477 bps+13 bps 12.5%12.4%17.3%
Other income +114.4%+211.6% 2.50.81.2
Net profit? -10.3%+73.6% 7.94.58.8
PAT margin % -24 bps+321 bps 11.7%8.5%11.9%
EPS (₹) -10.1%+73.9% 3.201.843.56

Quality of profit

Core 74%Other income & one-offs 26%

Pre-tax profit ₹9.6 Cr: core business ₹7.1 Cr, other income ₹2.5 Cr.

Core profit YoY: -38.6% · reported profit -10.3%

Cash & debt

FY25 cash from operations ₹72.0 Cr: 177% of FY25 net profit of ₹40.8 Cr.

Borrowings ₹5.0 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹91.9₹67.2 -26.9% below
Net profit₹10.3₹7.9 -23.8% below

Swaraj Suiting Limited

SWARAJ · Textiles · Q3 FY26 · Consolidated
M Cap
₹959 Cr
P/E
15.6
PEG
0.14
  • Operating margin contracted 242 bps YoY
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales +92.2%+30.2% 16512786.0
Operating profit +65.5%-11.3% 24.828.015.0
OPM % -242 bps-703 bps 15.0%22.0%17.4%
Other income +47.9%+47.9% 1.51.01.0
Net profit? +121.8%+23.2% 11.19.05.0
PAT margin % +89 bps-38 bps 6.7%7.1%5.8%
EPS (₹) +89.5%+23.8% 5.044.072.66

Quality of profit

Core 90%Other income & one-offs 10%

Pre-tax profit ₹15.0 Cr: core business ₹13.5 Cr, other income ₹1.5 Cr.

Core profit YoY: +93.5% · reported profit +121.8%

Cash & debt

FY25 cash from operations ₹41.0 Cr.

Borrowings ₹268 Cr at Mar 2025.

Shree Digvijay Cement Co.Ltd

SHREDIGCEM · Cement · Q3 FY26 · Consolidated
M Cap
₹957 Cr
P/E
53.2
PEG
—
  • Operating margin expanded 142 bps YoY
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales -1.8%+13.6% 183161187
Operating profit from loss-87.4% 2.419.4-0.2
OPM % +142 bps-1070 bps 1.3%12.0%-0.1%
Other income -11.7%+30.6% 1.41.11.6
Net profit? loss widenedto loss -7.010.2-4.8
PAT margin % -122 bps-1015 bps -3.8%6.3%-2.6%
EPS (₹) loss widenedto loss -0.470.69-0.33

Quality of profit

Pre-tax profit −₹9.2 Cr: core business −₹10.6 Cr, other income ₹1.4 Cr.

Core profit YoY: loss widened

Cash & debt

FY25 cash from operations ₹135 Cr: 326% of FY25 net profit of ₹41.4 Cr.

Borrowings ₹111 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹195₹183 -5.8% below

Swelect Energy Systems Limited

SWELECTES · Electrical Equipment · Q3 FY26 · Consolidated
M Cap
₹956 Cr
P/E
21.6
PEG
0.10
  • Turnaround: profit against a loss a year ago
  • Operating margin expanded 432 bps YoY
  • 48% of pre-tax profit came from other income and one-off items
  • Exceptional items of ₹-1.8 Cr in the quarter
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales +52.3%-0.3% 13913991.0
Operating profit +85.6%-18.5% 33.441.018.0
OPM % +432 bps-539 bps 24.1%29.5%19.8%
Other income -4.9%-4.9% 8.69.09.0
Net profit? from loss-40.5% 9.516.0-11.0
PAT margin % +1896 bps-464 bps 6.9%11.5%-12.1%
EPS (₹) from loss-39.0% 6.1110.01-7.10

Quality of profit

Core 52%Other income & one-offs 48%

Pre-tax profit ₹14.0 Cr: core business ₹7.3 Cr, other income ₹8.6 Cr, exceptional & other items −₹1.8 Cr.

Core profit YoY: from loss

Cash & debt

FY25 cash from operations ₹130 Cr: 959% of FY25 net profit of ₹13.6 Cr.

Borrowings ₹628 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹136₹139 +1.9% in line

GRP Limited

GRPLTD · Tyres & Rubber · Q3 FY26 · Consolidated
M Cap
₹956 Cr
P/E
168.5
PEG
—
  • Profit -78% below its own trend
  • Operating margin contracted 158 bps YoY
  • Exceptional items of ₹-1.4 Cr in the quarter
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales +1.8%+1.8% 135132132
Operating profit -15.0%+1.2% 10.710.612.6
OPM % -158 bps-4 bps 8.0%8.0%9.6%
Other income +20.1%-38.4% 0.50.80.4
Net profit? -80.5%-56.5% 0.92.04.4
PAT margin % -268 bps-85 bps 0.6%1.5%3.3%
EPS (₹) -80.5%-56.4% 1.603.678.22

Quality of profit

Pre-tax profit ₹1.1 Cr: core business ₹2.0 Cr, other income ₹0.5 Cr, exceptional & other items −₹1.4 Cr.

Core profit YoY: -64.6% · reported profit -80.5%

Cash & debt

FY25 cash from operations ₹45.0 Cr: 147% of FY25 net profit of ₹30.7 Cr.

Borrowings ₹147 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹143₹135 -6.0% below
Net profit₹3.9₹0.9 -78.4% below

Arihant Superstructures Limited

ARIHANTSUP · Construction & Infrastructure · Q3 FY26 · Consolidated
M Cap
₹955 Cr
P/E
24.0
PEG
8.00
  • Profit -26% below its own trend
  • Operating margin contracted 546 bps YoY
  • Operating cash flow was negative in FY25 despite a profit
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales -16.6%+2.4% 126123151
Operating profit -32.6%-3.3% 29.030.043.0
OPM % -546 bps-137 bps 23.0%24.4%28.5%
Other income +0.0%+0.0% 1.01.01.0
Net profit? -43.5%-20.0% 8.010.014.2
PAT margin % -302 bps-178 bps 6.3%8.1%9.4%
EPS (₹) -69.1%-17.0% 1.912.306.18

Quality of profit

Core 91%Other income & one-offs 9%

Pre-tax profit ₹11.0 Cr: core business ₹10.0 Cr, other income ₹1.0 Cr.

Core profit YoY: -69.7% · reported profit -43.5%

Cash & debt

FY25 cash from operations −₹178 Cr: -565% of FY25 net profit of ₹31.5 Cr.

Borrowings ₹738 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹179₹126 -29.5% below
Net profit₹10.8₹8.0 -26.2% below

Bombay Super Hybrid Seeds Limited

BSHSL · Agricultural Products · Q3 FY26 · Standalone
M Cap
₹954 Cr
P/E
33.2
PEG
1.96
  • Profit -30% below its own trend
  • Operating margin expanded 114 bps YoY
  • Operating cash flow was negative in FY25 despite a profit
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales -15.9%+300.3% 10726.8128
Operating profit -3.6%+131.0% 9.64.19.9
OPM % +114 bps-653 bps 8.9%15.4%7.8%
Other income -43.4%+959.6% 0.40.00.7
Net profit -14.1%+244.7% 7.72.29.0
PAT margin % +16 bps-116 bps 7.2%8.4%7.0%
EPS (₹) -12.9%+208.3% 0.740.240.85

Quality of profit

Core 95%Other income & one-offs 5%

Pre-tax profit ₹8.6 Cr: core business ₹8.2 Cr, other income ₹0.4 Cr.

Core profit YoY: -2.3% · reported profit -14.1%

Cash & debt

FY25 cash from operations −₹31.0 Cr: -117% of FY25 net profit of ₹26.4 Cr.

Borrowings ₹92.0 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹160₹107 -32.8% below
Net profit₹11.0₹7.7 -29.8% below

Borosil Scientific Limited

BOROSCI · Glass · Q3 FY26 · Consolidated
M Cap
₹950 Cr
P/E
22.1
PEG
—
  • Profit +226% above its own trend
  • Operating margin expanded 427 bps YoY
  • Exceptional items of ₹1.9 Cr in the quarter
  • Core business grew faster than reported profit (core profit +143%)
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales +20.1%+13.5% 121107101
Operating profit +71.9%+114.1% 17.28.010.0
OPM % +427 bps+666 bps 14.2%7.5%9.9%
Other income +20.8%+12.4% 2.42.12.0
Net profit? +117.4%+205.5% 8.72.84.0
PAT margin % +321 bps+451 bps 7.2%2.7%4.0%
EPS (₹) +104.2%+206.2% 0.980.320.48

Quality of profit

Core 96%Other income & one-offs 4%

Pre-tax profit ₹12.6 Cr: core business ₹12.1 Cr, other income ₹2.4 Cr, exceptional & other items −₹1.9 Cr.

Core profit YoY: +142.9% · reported profit +117.4%

Cash & debt

FY25 cash from operations ₹120 Cr: 450% of FY25 net profit of ₹26.6 Cr.

Borrowings ₹14.0 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹103₹121 +17.3% above
Net profit₹2.7₹8.7 +226.2% above

Antony Waste Handling Cell Limited

AWHCL · Waste & Water Management · Q3 FY26 · Consolidated
M Cap
₹947 Cr
P/E
13.5
PEG
4.51
  • Profit -27% below its own trend
  • Operating margin contracted 499 bps YoY
  • 46% of pre-tax profit came from other income and one-off items
  • Profit grew faster than the core business (core profit -63%)
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales +7.8%+1.7% 262258243
Operating profit -17.3%-13.9% 43.049.952.0
OPM % -499 bps-297 bps 16.4%19.4%21.4%
Other income +16.7%-2.6% 7.07.26.0
Net profit? -16.7%-13.1% 15.017.318.0
PAT margin % -168 bps-97 bps 5.7%6.7%7.4%
EPS (₹) -27.0%-15.8% 4.054.815.55

Quality of profit

Core 54%Other income & one-offs 46%

Pre-tax profit ₹13.0 Cr: core business ₹7.0 Cr, other income ₹7.0 Cr, exceptional & other items −₹1.0 Cr.

Core profit YoY: -63.2% · reported profit -16.7%

Cash & debt

FY25 cash from operations ₹190 Cr: 189% of FY25 net profit of ₹101 Cr.

Borrowings ₹505 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹277₹262 -5.6% below
Net profit₹20.5₹15.0 -26.9% below

Unicommerce Esolutions Limited

UNIECOM · IT Services & Software · Q3 FY26 · Consolidated
M Cap
₹945 Cr
P/E
46.2
PEG
—
  • Operating margin contracted 603 bps YoY
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales +72.2%+9.8% 56.451.432.7
Operating profit +31.4%+19.7% 10.99.18.3
OPM % -603 bps+162 bps 19.4%17.8%25.4%
Other income -18.5%+43.8% 1.20.81.5
Net profit? +17.4%+27.8% 7.45.86.3
PAT margin % -611 bps+185 bps 13.1%11.2%19.2%
EPS (₹) +1.6%+21.2% 0.630.520.62

Quality of profit

Core 88%Other income & one-offs 12%

Pre-tax profit ₹9.9 Cr: core business ₹8.7 Cr, other income ₹1.2 Cr.

Core profit YoY: +23.3% · reported profit +17.4%

Cash & debt

FY25 cash from operations ₹28.0 Cr: 159% of FY25 net profit of ₹17.6 Cr.

Borrowings ₹8.0 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹54.7₹56.4 +3.1% in line
Net profit₹7.7₹7.4 -4.4% in line

Control Print Limited

CONTROLPR · Computer Hardware · Q3 FY26 · Consolidated
M Cap
₹940 Cr
P/E
24.2
PEG
—
  • Profit -40% below its own trend
  • Operating margin contracted 173 bps YoY
  • Core business grew faster than reported profit (core profit +5%)
  • FY25 operating cash flow was only 50% of profit
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales +15.0%+6.1% 119112103
Operating profit +3.1%-31.2% 17.825.917.3
OPM % -173 bps-815 bps 15.0%23.2%16.7%
Other income +8.5%-81.0% 0.21.00.2
Net profit? -36.4%-71.7% 5.318.68.3
PAT margin % -358 bps-1218 bps 4.4%16.6%8.0%
EPS (₹) -36.4%-71.7% 3.2911.625.17

Quality of profit

Core 98%Other income & one-offs 2%

Pre-tax profit ₹12.8 Cr: core business ₹12.6 Cr, other income ₹0.2 Cr.

Core profit YoY: +4.6% · reported profit -36.4%

Cash & debt

FY25 cash from operations ₹50.0 Cr: 50% of FY25 net profit of ₹100 Cr.

Borrowings ₹8.0 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹119₹119 -0.1% in line
Net profit₹8.7₹5.3 -39.8% below

Wealth First Portfolio Managers Limited

WEALTH · NBFC & Finance Companies · Q3 FY26 · Standalone
M Cap
₹939 Cr
P/E
29.0
PEG
0.71
  • Profit -88% below its own trend
  • Operating margin contracted 4792 bps YoY
  • FY25 operating cash flow was only 26% of profit
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales -62.5%-66.7% 6.018.016.0
Operating profit -84.6%-83.3% 2.012.013.0
OPM % -4792 bps-3333 bps 33.3%66.7%81.2%
Other income loss narrowed— 0.00.0-1.0
Net profit -88.9%-88.9% 1.09.09.0
PAT margin % -3958 bps-3333 bps 16.7%50.0%56.2%
EPS (₹) -84.6%-84.4% 1.308.368.43

Quality of profit

Core 100%Other income & one-offs 0%

Pre-tax profit ₹2.0 Cr: core business ₹2.0 Cr, other income ₹0.0 Cr.

Core profit YoY: -84.6% · reported profit -88.9%

Cash & debt

FY25 cash from operations ₹9.0 Cr: 26% of FY25 net profit of ₹34.0 Cr.

Borrowings nil at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹17.1₹6.0 -64.8% below
Net profit₹8.1₹1.0 -87.7% below

Synergy Green Industries Limited

SGIL · Castings & Forgings · Q3 FY26 · Standalone
M Cap
₹934 Cr
P/E
—
PEG
—
  • Into loss: a profit a year ago
  • Profit -122% below its own trend
  • Operating margin contracted 534 bps YoY
  • Operating cash flow was negative in FY25 despite a profit
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales -5.5%+27.5% 91.872.097.1
Operating profit -40.6%-11.3% 8.39.313.9
OPM % -534 bps-394 bps 9.0%12.9%14.3%
Other income -1.4%-70.2% 0.72.40.7
Net profit to lossto loss -1.52.46.0
PAT margin % -775 bps-490 bps -1.6%3.3%6.1%
EPS (₹) to lossto loss -0.961.523.83

Quality of profit

Pre-tax profit −₹1.2 Cr: core business −₹1.9 Cr, other income ₹0.7 Cr.

Core profit YoY: to loss

Cash & debt

FY25 cash from operations −₹16.0 Cr: -95% of FY25 net profit of ₹16.9 Cr.

Borrowings ₹156 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹105₹91.8 -12.5% below
Net profit₹6.9−₹1.5 -121.5% below

Amines & Plasticizers Limited

AMNPLST · Chemicals · Q3 FY26 · Consolidated
M Cap
₹932 Cr
P/E
24.4
PEG
1.44
  • Profit -19% below its own trend
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales -25.4%+7.0% 142133191
Operating profit -26.2%+16.3% 12.510.817.0
OPM % -10 bps+70 bps 8.8%8.1%8.9%
Other income —+261.8% 0.30.10.0
Net profit? -24.2%+23.0% 7.66.210.0
PAT margin % +9 bps+69 bps 5.3%4.6%5.2%
EPS (₹) -22.0%+23.2% 1.381.121.77

Quality of profit

Core 97%Other income & one-offs 3%

Pre-tax profit ₹10.5 Cr: core business ₹10.2 Cr, other income ₹0.3 Cr.

Core profit YoY: -21.2% · reported profit -24.2%

Cash & debt

FY25 cash from operations ₹29.0 Cr: 70% of FY25 net profit of ₹41.7 Cr.

Borrowings ₹77.0 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹187₹142 -23.8% below
Net profit₹9.3₹7.6 -18.6% below

How to read this page

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

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

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

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

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

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

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

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

⚠️ How this site is made: Market data pages are computed automatically from NSE/BSE publications and company filings; news articles and announcement analyses are written with AI assistance, with a human in the loop: our editors review what the AI produces. Both can contain errors. Verify with the original sources before any investment decision. Not investment advice; Flash Finance is not SEBI-registered. How we use AI