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 14 Oct 2026, 07:31 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 51 of 144

GeeCee Ventures Limited

GEECEE · Construction & Infrastructure · Q3 FY26 · Standalone
M Cap
₹764 Cr
P/E
16.0
PEG
0.30
  • Profit -46% below its own trend
  • Operating margin expanded 344 bps YoY
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales -70.2%-8.4% 16.117.554.0
Operating profit -67.7%-42.0% 7.112.222.0
OPM % +344 bps-2557 bps 44.2%69.8%40.7%
Other income —to loss -0.60.10.0
Net profit -68.8%-51.1% 5.010.216.0
PAT margin % +149 bps-2719 bps 31.1%58.3%29.6%
EPS (₹) -70.3%-52.8% 2.314.897.77

Quality of profit

Core 94%Other income & one-offs 6%

Pre-tax profit ₹6.3 Cr: core business ₹5.9 Cr, other income −₹0.6 Cr, exceptional & other items ₹1.0 Cr.

Core profit YoY: -73.0% · reported profit -68.8%

Cash & debt

FY25 cash from operations ₹192 Cr: 469% of FY25 net profit of ₹40.9 Cr.

Borrowings nil at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹27.0₹16.1 -40.5% below
Net profit₹9.3₹5.0 -46.4% below
Detailed financials →

Welspun Investments and Commercials Limited

WELINV · NBFC & Finance Companies · Q3 FY26 · Standalone
M Cap
₹764 Cr
P/E
252.0
PEG
—
  • Into loss: a profit a year ago
  • Profit -257% below its own trend
  • Operating cash flow was negative in FY25 despite a profit
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales -31.6%-97.3% 0.14.90.2
Operating profit to lossto loss -0.24.60.1
Other income —-100.0% 0.00.00.0
Net profit to lossto loss -0.13.50.1
PAT margin % -13684 bps-17122 bps -100.0%71.2%36.8%
EPS (₹) to lossto loss -0.369.550.19

Quality of profit

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

Core profit YoY: to loss

Cash & debt

FY25 cash from operations −₹1.5 Cr: -41% of FY25 net profit of ₹3.7 Cr.

Borrowings nil at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹0.2₹0.1 -14.7% below
Net profit₹0.1−₹0.1 -256.9% below
Detailed financials →

Prostarm Info Systems Limited

PROSTARM · Electrical Equipment · Q3 FY26 · Consolidated
M Cap
₹760 Cr
P/E
21.3
PEG
—
₹ CrQoQ Dec 2025Sep 2025
Sales +143.5% 16065.9
Operating profit +80.5% 20.211.2
OPM % -440 bps 12.6%17.0%
Other income -11.1% 1.41.5
Net profit? +80.4% 14.98.3
PAT margin % -325 bps 9.3%12.5%
EPS (₹) +74.7% 2.691.54

Quality of profit

Core 93%Other income & one-offs 7%

Pre-tax profit ₹20.1 Cr: core business ₹18.7 Cr, other income ₹1.4 Cr.

📊 Investor presentation (13 Aug) Detailed financials →

Suyog Telematics Limited

SUYOG · Electrical Equipment · Q3 FY26 · Consolidated
M Cap
₹759 Cr
P/E
12.6
PEG
—
  • Operating margin expanded 138 bps YoY
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales +14.0%+1.5% 55.955.049.0
Operating profit +16.3%-5.9% 39.542.034.0
OPM % +138 bps-559 bps 70.8%76.4%69.4%
Other income +38.7%+38.7% 1.41.01.0
Net profit? -13.9%-13.9% 14.617.017.0
PAT margin % -849 bps-471 bps 26.2%30.9%34.7%
EPS (₹) -20.9%-15.4% 12.5714.8515.90

Quality of profit

Core 93%Other income & one-offs 7%

Pre-tax profit ₹19.5 Cr: core business ₹18.1 Cr, other income ₹1.4 Cr.

Core profit YoY: +0.7% · reported profit -13.9%

Cash & debt

FY25 cash from operations ₹79.0 Cr: 196% of FY25 net profit of ₹40.2 Cr.

Borrowings ₹213 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹56.1₹55.9 -0.5% in line
Net profit₹15.7₹14.6 -6.9% in line
📊 Investor presentation (12 Aug) Detailed financials →

RBZ Jewellers Limited

RBZJEWEL · Gems & Jewellery · Q3 FY26 · Consolidated
M Cap
₹756 Cr
P/E
15.0
PEG
0.43
  • Operating margin expanded 179 bps YoY
₹ CrYoY Dec 2025Dec 2024
Sales +16.8% 226194
Operating profit +35.4% 29.521.8
OPM % +179 bps 13.0%11.3%
Other income -80.3% 0.00.2
Net profit? +33.2% 17.413.1
PAT margin % +95 bps 7.7%6.8%
EPS (₹) +33.3% 4.363.27

Quality of profit

Core 100%Other income & one-offs 0%

Pre-tax profit ₹23.4 Cr: core business ₹23.3 Cr, other income ₹0.0 Cr.

Core profit YoY: +29.8% · reported profit +33.2%

📊 Investor presentation (11 Aug) Detailed financials →

Kanoria Chemicals & Industries Limited

KANORICHEM · Chemicals · Q3 FY26 · Consolidated
M Cap
₹754 Cr
P/E
4.9
PEG
0.07
  • Turnaround: profit against a loss a year ago
  • Operating margin expanded 765 bps YoY
  • 50% of pre-tax profit came from other income and one-off items
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales -23.5%+26.8% 266210348
Operating profit from loss+221.0% 20.06.2-0.4
OPM % +765 bps+455 bps 7.5%3.0%-0.1%
Other income +181.7%-83.7% 2.012.30.7
Net profit? from loss-95.6% 4.091.8-28.6
PAT margin % +974 bps-4225 bps 1.5%43.8%-8.2%
EPS (₹) from loss-96.2% 0.8121.38-3.82

Quality of profit

Core 50%Other income & one-offs 50%

Pre-tax profit ₹6.0 Cr: core business ₹3.0 Cr, other income ₹2.0 Cr, exceptional & other items ₹1.0 Cr.

Core profit YoY: from loss

Cash & debt

FY25 cash from operations ₹15.0 Cr.

Borrowings ₹595 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹382₹266 -30.3% below
Detailed financials →

Himatsingka Seide Limited

HIMATSEIDE · Textiles · Q3 FY26 · Consolidated
M Cap
₹753 Cr
P/E
13.4
PEG
0.34
  • Profit -43% below its own trend
  • All of pre-tax profit came from other income or one-off items
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales -11.6%-2.9% 611630692
Operating profit -14.7%-4.0% 95.199.1112
OPM % -58 bps-18 bps 15.6%15.7%16.1%
Other income -17.5%-66.7% 25.977.731.4
Net profit? -64.9%-81.8% 7.742.021.8
PAT margin % -191 bps-542 bps 1.3%6.7%3.2%
EPS (₹) -64.9%-81.7% 0.613.341.74

Quality of profit

Pre-tax profit ₹11.2 Cr: core business −₹14.7 Cr, other income ₹25.9 Cr.

Core profit YoY: loss widened · reported profit -64.9%

Cash & debt

FY25 cash from operations ₹235 Cr: 309% of FY25 net profit of ₹76.0 Cr.

Borrowings ₹2,567 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹639₹611 -4.4% in line
Net profit₹13.4₹7.7 -43.0% below
Detailed financials →

Shiv Aum Steels Limited

SHIVAUM · Trading & Distribution · Q3 FY26 · Consolidated
M Cap
₹751 Cr
P/E
79.1
PEG
—
  • 35% of pre-tax profit came from other income and one-off items
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales +20.3%+58.7% 182114151
Operating profit +80.1%+5.6% 2.82.71.6
OPM % +51 bps-78 bps 1.5%2.3%1.0%
Other income +122.2%-47.4% 0.40.80.2
Net profit? —+32.9% 0.90.70.1
PAT margin % +46 bps-10 bps 0.5%0.6%0.0%
EPS (₹) —+32.0% 0.660.500.04

Quality of profit

Core 65%Other income & one-offs 35%

Pre-tax profit ₹1.1 Cr: core business ₹0.7 Cr, other income ₹0.4 Cr.

Core profit YoY: from loss

Cash & debt

FY25 cash from operations −₹7.0 Cr.

Borrowings ₹94.0 Cr at Mar 2025.

Detailed financials →

The Sandesh Limited

SANDESH · Media & Entertainment · Q3 FY26 · Consolidated
M Cap
₹750 Cr
P/E
7.0
PEG
—
  • Turnaround: profit against a loss a year ago
  • Operating margin expanded 7918 bps YoY
  • 62% of pre-tax profit came from other income and one-off items
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales -2.7%-1.7% 76.778.078.8
Operating profit from loss-53.1% 20.543.6-41.4
OPM % +7918 bps-2921 bps 26.7%55.9%-52.5%
Other income —-17.3% 32.439.22.3
Net profit? from loss+876.3% 39.14.0-20.9
PAT margin % +7746 bps+4582 bps 50.9%5.1%-26.5%
EPS (₹) from loss+911.6% 51.595.10-27.61

Quality of profit

Core 38%Other income & one-offs 62%

Pre-tax profit ₹48.7 Cr: core business ₹18.6 Cr, other income ₹32.4 Cr, exceptional & other items −₹2.3 Cr.

Core profit YoY: from loss

Against its own trend ?

TrendActualGap
Sales₹76.5₹76.7 +0.2% in line
Detailed financials →

Emkay Global Financial Services Limited

EMKAY · NBFC & Finance Companies · Q3 FY26 · Consolidated
M Cap
₹750 Cr
P/E
38.4
PEG
12.80
  • Operating margin contracted 271 bps YoY
  • 79% of pre-tax profit came from other income and one-off items
  • Profit grew faster than the core business (core profit -72%)
  • Operating cash flow was negative in FY25 despite a profit
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales +12.7%+20.8% 87.172.177.3
Operating profit -12.4%+485.8% 8.31.49.4
OPM % -271 bps+753 bps 9.5%2.0%12.2%
Other income -28.0%-5.0% 4.75.06.6
Net profit? -49.8%+834.8% 4.30.58.6
PAT margin % -615 bps+430 bps 4.9%0.6%11.1%
EPS (₹) -51.6%+822.2% 1.660.183.43

Quality of profit

Core 21%Other income & one-offs 79%

Pre-tax profit ₹6.0 Cr: core business ₹1.3 Cr, other income ₹4.7 Cr.

Core profit YoY: -72.5% · reported profit -49.8%

Cash & debt

FY25 cash from operations −₹2.0 Cr: -4% of FY25 net profit of ₹56.8 Cr.

Borrowings ₹68.0 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹64.3₹87.1 +35.5% above
Net profit₹4.5₹4.3 -3.8% in line
📊 Investor presentation (27 Jul) Detailed financials →

Mangal Electrical Industries Limited

MEIL · Electrical Equipment · Q3 FY26 · Standalone
M Cap
₹748 Cr
P/E
15.9
PEG
—
₹ CrQoQ Dec 2025Sep 2025
Sales +1.3% 156154
Operating profit -13.6% 18.921.8
OPM % -207 bps 12.1%14.2%
Other income +109.7% 2.71.3
Net profit +0.6% 13.413.3
PAT margin % -5 bps 8.6%8.6%
EPS (₹) -15.9% 5.015.96

Quality of profit

Core 85%Other income & one-offs 15%

Pre-tax profit ₹18.0 Cr: core business ₹15.3 Cr, other income ₹2.7 Cr.

Detailed financials →

Salasar Techno Engineering Limited

SALASAR · Iron & Steel · Q3 FY26 · Consolidated
M Cap
₹745 Cr
P/E
54.6
PEG
—
  • Profit -38% below its own trend
  • 29% 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 -11.8%-22.6% 331427375
Operating profit -16.5%-36.7% 26.541.931.7
OPM % -44 bps-179 bps 8.0%9.8%8.5%
Other income +225.6%+42.6% 2.31.60.7
Net profit? -45.5%-59.3% 6.516.011.9
PAT margin % -122 bps-177 bps 2.0%3.7%3.2%
EPS (₹) -42.9%-55.6% 0.040.090.07

Quality of profit

Core 71%Other income & one-offs 29%

Pre-tax profit ₹7.9 Cr: core business ₹5.6 Cr, other income ₹2.3 Cr.

Core profit YoY: -63.8% · reported profit -45.5%

Cash & debt

FY25 cash from operations −₹5.0 Cr: -19% of FY25 net profit of ₹26.4 Cr.

Borrowings ₹317 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹478₹331 -30.9% below
Net profit₹10.5₹6.5 -38.0% below
Detailed financials →

Kokuyo Camlin Limited

KOKUYOCMLN · Printing, Publishing & Stationery · Q3 FY26 · Standalone
M Cap
₹744 Cr
P/E
33.8
PEG
16.90
  • Turnaround: profit against a loss a year ago
  • Operating margin expanded 618 bps YoY
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales +10.8%+2.1% 178174161
Operating profit —-28.8% 11.516.10.4
OPM % +618 bps-280 bps 6.5%9.2%0.3%
Other income +14.3%-15.8% 0.20.20.1
Net profit from loss-49.4% 4.07.9-4.2
PAT margin % +483 bps-227 bps 2.2%4.5%-2.6%
EPS (₹) from loss-48.7% 0.400.78-0.41

Quality of profit

Core 97%Other income & one-offs 3%

Pre-tax profit ₹5.9 Cr: core business ₹5.8 Cr, other income ₹0.2 Cr.

Core profit YoY: from loss

Cash & debt

FY25 cash from operations ₹55.0 Cr: 942% of FY25 net profit of ₹5.8 Cr.

Borrowings ₹54.0 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹156₹178 +13.9% above
Detailed financials →

New Delhi Television Limited

NDTV · Media & Entertainment · Q3 FY26 · Consolidated
M Cap
₹744 Cr
P/E
—
PEG
—
  • Operating margin contracted 909 bps YoY
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales +12.8%+23.0% 150122133
Operating profit loss widenedloss widened -61.0-57.0-42.0
OPM % -909 bps+605 bps -40.7%-46.7%-31.6%
Other income to lossto loss -3.03.01.0
Net profit? loss widenedloss widened -80.0-74.0-55.0
PAT margin % -1198 bps+732 bps -53.3%-60.7%-41.4%
EPS (₹) loss widenedloss widened -7.11-6.57-4.94

Quality of profit

Pre-tax profit −₹80.0 Cr: core business −₹76.0 Cr, other income −₹3.0 Cr, exceptional & other items −₹1.0 Cr.

Core profit YoY: loss widened

Cash & debt

FY25 cash from operations −₹144 Cr.

Borrowings ₹338 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹155₹150 -3.4% in line
Detailed financials →

NCL Industries Limited

NCLIND · Cement · Q3 FY26 · Consolidated
M Cap
₹740 Cr
P/E
7.8
PEG
0.18
  • Profit +378% above its own trend
  • Operating margin expanded 489 bps YoY
  • 33% of pre-tax profit came from other income and one-off items
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales +0.5%-0.6% 343345341
Operating profit +87.4%-26.5% 36.249.219.3
OPM % +489 bps-371 bps 10.5%14.2%5.7%
Other income +50.5%-0.2% 7.67.75.1
Net profit? +344.4%-33.4% 13.219.93.0
PAT margin % +299 bps-190 bps 3.9%5.8%0.9%
EPS (₹) +343.9%-33.4% 2.934.400.66

Quality of profit

Core 67%Other income & one-offs 33%

Pre-tax profit ₹23.3 Cr: core business ₹15.7 Cr, other income ₹7.6 Cr.

Core profit YoY: — · reported profit +344.4%

Cash & debt

FY25 cash from operations ₹86.0 Cr: 340% of FY25 net profit of ₹25.3 Cr.

Borrowings ₹252 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹295₹343 +16.4% above
Net profit₹2.8₹13.2 +377.9% above
Detailed financials →

Quick Heal Technologies Limited

QUICKHEAL · IT Services & Software · Q3 FY26 · Consolidated
M Cap
₹738 Cr
P/E
—
PEG
—
  • Profit +999% above its own trend
  • Operating margin expanded 597 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 +1.3%-14.3% 71.583.570.6
Operating profit from loss-95.1% 0.59.2-3.8
OPM % +597 bps-1042 bps 0.6%11.1%-5.3%
Other income +82.3%+104.3% 8.94.44.9
Net profit? —-16.4% 6.67.90.1
PAT margin % +908 bps-23 bps 9.2%9.5%0.2%
EPS (₹) —-16.8% 1.191.430.02

Quality of profit

Pre-tax profit ₹5.8 Cr: core business −₹3.2 Cr, other income ₹8.9 Cr.

Core profit YoY: loss narrowed

Cash & debt

FY25 cash from operations −₹22.0 Cr: -437% of FY25 net profit of ₹5.0 Cr.

Borrowings nil at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹59.2₹71.5 +20.9% above
Net profit₹0.1₹6.6 +999.0% above
Detailed financials →

Scoda Tubes Limited

SCODATUBES · Iron & Steel · Q3 FY26 · Standalone
M Cap
₹737 Cr
P/E
19.9
PEG
—
₹ CrQoQ Dec 2025Sep 2025
Sales +4.9% 152145
Operating profit +3.0% 23.022.3
OPM % -28 bps 15.1%15.4%
Other income -79.7% 0.73.7
Net profit -17.9% 11.514.0
PAT margin % -209 bps 7.5%9.6%
EPS (₹) -21.1% 1.912.42

Quality of profit

Core 95%Other income & one-offs 5%

Pre-tax profit ₹15.3 Cr: core business ₹14.6 Cr, other income ₹0.7 Cr.

📊 Investor presentation (13 Aug) Detailed financials →

Visaka Industries Limited

VISAKAIND · Cement · Q3 FY26 · Consolidated
M Cap
₹735 Cr
P/E
8.6
PEG
—
  • Turnaround: profit against a loss a year ago
  • Operating margin expanded 374 bps YoY
  • 71% of pre-tax profit came from other income and one-off items
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales +4.6%+13.1% 368325351
Operating profit +125.4%+118.2% 25.611.711.4
OPM % +374 bps+336 bps 7.0%3.6%3.2%
Other income +15.7%+61.2% 2.01.31.8
Net profit? from lossfrom loss 1.9-8.7-11.0
PAT margin % +365 bps+321 bps 0.5%-2.7%-3.1%
EPS (₹) from lossfrom loss 0.22-1.01-1.27

Quality of profit

Core 29%Other income & one-offs 71%

Pre-tax profit ₹2.9 Cr: core business ₹0.8 Cr, other income ₹2.0 Cr.

Core profit YoY: from loss

Cash & debt

FY25 cash from operations ₹114 Cr.

Borrowings ₹479 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹374₹368 -1.8% in line
📊 Investor presentation (12 Oct) Detailed financials →

Manaksia Steels Limited

MANAKSTEEL · Iron & Steel · Q3 FY26 · Consolidated
M Cap
₹731 Cr
P/E
13.2
PEG
0.25
  • Profit +107% above its own trend
  • Operating margin expanded 123 bps YoY
  • Core business grew faster than reported profit (core profit +363%)
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales +98.1%+20.9% 318263160
Operating profit +165.1%-33.7% 15.423.25.8
OPM % +123 bps-399 bps 4.8%8.8%3.6%
Other income —-20.8% 2.73.40.0
Net profit? +314.4%+140.2% 9.64.02.3
PAT margin % +158 bps+150 bps 3.0%1.5%1.4%
EPS (₹) +320.0%+113.0% 1.470.690.35

Quality of profit

Core 79%Other income & one-offs 21%

Pre-tax profit ₹12.6 Cr: core business ₹9.9 Cr, other income ₹2.7 Cr.

Core profit YoY: +362.9% · reported profit +314.4%

Cash & debt

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

Borrowings ₹206 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹206₹318 +54.2% above
Net profit₹4.6₹9.6 +107.2% above
Detailed financials →

Stanley Lifestyles Limited

STANLEY · Furniture & Home Furnishing · Q3 FY26 · Consolidated
M Cap
₹730 Cr
P/E
160.4
PEG
—
  • Into loss: a profit a year ago
  • Profit -114% below its own trend
  • Operating margin contracted 2344 bps YoY
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales -57.8%-56.1% 46.3105110
Operating profit to lossto loss -2.224.820.5
OPM % -2344 bps-2828 bps -4.8%23.5%18.7%
Other income +5.3%+17.6% 6.05.15.7
Net profit? to lossto loss -1.56.08.9
PAT margin % -1135 bps-893 bps -3.2%5.7%8.1%
EPS (₹) to lossto loss -0.260.981.52

Quality of profit

Pre-tax profit −₹2.1 Cr: core business −₹7.8 Cr, other income ₹6.0 Cr.

Core profit YoY: to loss

Cash & debt

FY25 cash from operations ₹68.0 Cr: 235% of FY25 net profit of ₹28.9 Cr.

Borrowings ₹189 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹112₹46.3 -58.7% below
Net profit₹10.9−₹1.5 -113.8% below
📊 Investor presentation (14 Aug) Detailed financials →

Global Education Limited

GLOBAL · Education & E-Learning · Q3 FY26 · Consolidated
M Cap
₹728 Cr
P/E
28.0
PEG
5.59
  • Profit +56% above its own trend
  • Operating margin contracted 347 bps YoY
  • Core business grew faster than reported profit (core profit +57%)
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales +73.7%+11.9% 29.025.916.7
Operating profit +57.5%-38.2% 9.815.96.2
OPM % -347 bps-2751 bps 33.9%61.4%37.4%
Other income -88.3%-82.6% 0.31.82.6
Net profit? +10.2%-9.5% 6.77.46.1
PAT margin % -1325 bps-544 bps 23.0%28.5%36.3%
EPS (₹) +9.2%-9.7% 1.311.451.20

Quality of profit

Core 96%Other income & one-offs 4%

Pre-tax profit ₹8.9 Cr: core business ₹8.6 Cr, other income ₹0.3 Cr.

Core profit YoY: +56.9% · reported profit +10.2%

Cash & debt

FY25 cash from operations ₹24.0 Cr: 89% of FY25 net profit of ₹26.8 Cr.

Borrowings nil at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹16.3₹29.0 +77.5% above
Net profit₹4.3₹6.7 +56.1% above
Detailed financials →

Sadhana Nitrochem Limited

SADHNANIQ · Chemicals · Q3 FY26 · Consolidated
M Cap
₹728 Cr
P/E
—
PEG
—
  • Into loss: a profit a year ago
  • Profit -587% below its own trend
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales -73.7%+261.5% 9.82.737.1
Operating profit to lossloss narrowed -15.2-17.011.2
Other income +144.9%from loss 1.2-0.50.5
Net profit? to lossloss narrowed -25.1-25.62.6
EPS (₹) to lossloss narrowed -0.76-0.780.08

Quality of profit

Pre-tax profit −₹24.7 Cr: core business −₹25.9 Cr, other income ₹1.2 Cr.

Core profit YoY: to loss

Cash & debt

FY25 cash from operations ₹54.0 Cr: 724% of FY25 net profit of ₹7.5 Cr.

Borrowings ₹247 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹28.5₹9.8 -65.8% below
Net profit₹5.2−₹25.1 -587.2% below
Detailed financials →

Kamat Hotels (I) Limited

KAMATHOTEL · Hotels & Resorts · Q3 FY26 · Consolidated
M Cap
₹726 Cr
P/E
16.5
PEG
—
  • Profit -62% below its own trend
  • Operating margin contracted 676 bps YoY
  • Exceptional items of ₹-3.7 Cr in the quarter
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales +38.8%+56.7% 11875.184.8
Operating profit +15.2%+397.9% 39.07.833.9
OPM % -676 bps+2271 bps 33.1%10.4%39.9%
Other income -73.1%-2.1% 1.81.86.6
Net profit? -24.2%from loss 19.1-2.225.1
PAT margin % -1345 bps+1911 bps 16.2%-2.9%29.6%
EPS (₹) -24.2%from loss 6.28-0.728.29

Quality of profit

Pre-tax profit ₹22.9 Cr: core business ₹24.9 Cr, other income ₹1.8 Cr, exceptional & other items −₹3.7 Cr.

Core profit YoY: -9.6% · reported profit -24.2%

Cash & debt

FY25 cash from operations ₹66.0 Cr: 146% of FY25 net profit of ₹45.2 Cr.

Borrowings ₹204 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹88.0₹118 +33.8% above
Net profit₹50.3₹19.1 -62.1% below
📊 Investor presentation (11 Aug) Detailed financials →

Onward Technologies Limited

ONWARDTEC · IT Services & Software · Q3 FY26 · Consolidated
M Cap
₹717 Cr
P/E
16.8
PEG
0.28
  • Profit +25% above its own trend
  • Operating margin expanded 542 bps YoY
  • Exceptional items of ₹3.2 Cr in the quarter
  • Core business grew faster than reported profit (core profit +102%)
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales +9.1%-3.1% 135139123
Operating profit +74.2%-1.8% 19.519.911.2
OPM % +542 bps+20 bps 14.5%14.3%9.1%
Other income +34.8%+35.2% 1.51.11.1
Net profit? +67.3%-15.4% 10.111.96.0
PAT margin % +261 bps-109 bps 7.5%8.6%4.9%
EPS (₹) +69.2%-14.4% 4.505.262.66

Quality of profit

Pre-tax profit ₹13.1 Cr: core business ₹14.8 Cr, other income ₹1.5 Cr, exceptional & other items −₹3.2 Cr.

Core profit YoY: +101.8% · reported profit +67.3%

Cash & debt

FY25 cash from operations ₹32.0 Cr: 149% of FY25 net profit of ₹21.5 Cr.

Borrowings ₹32.0 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹136₹135 -1.3% in line
Net profit₹8.1₹10.1 +24.5% above
Detailed financials →

Emami Paper Mills Limited

EMAMIPAP · Paper · Q3 FY26 · Consolidated
M Cap
₹714 Cr
P/E
—
PEG
—
  • Operating margin expanded 556 bps YoY
  • Exceptional items of ₹-2.5 Cr in the quarter
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales +10.2%+11.1% 500451454
Operating profit +105.5%+65.4% 60.036.329.2
OPM % +556 bps+394 bps 12.0%8.0%6.4%
Other income -46.3%-83.7% 0.84.91.5
Net profit? +899.4%+158.2% 17.06.61.7
PAT margin % +302 bps+193 bps 3.4%1.5%0.4%
EPS (₹) —+142.2% 2.471.020.08

Quality of profit

Pre-tax profit ₹26.4 Cr: core business ₹28.2 Cr, other income ₹0.8 Cr, exceptional & other items −₹2.5 Cr.

Core profit YoY: — · reported profit +899.4%

Detailed financials →

Ganesh Benzoplast Limited

GANESHBE · Oil & Gas Exploration & Services · Q3 FY26 · Consolidated
M Cap
₹713 Cr
P/E
9.9
PEG
1.41
  • Profit -21% below its own trend
  • Operating margin contracted 938 bps YoY
  • 32% of pre-tax profit came from other income and one-off items
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales +18.0%+6.1% 10599.089.0
Operating profit -18.5%-0.0% 22.022.027.0
OPM % -938 bps-128 bps 21.0%22.2%30.3%
Other income +100.0%+7.4% 8.07.54.0
Net profit? -11.1%-32.6% 16.023.818.0
PAT margin % -499 bps-876 bps 15.2%24.0%20.2%
EPS (₹) -12.2%-32.1% 2.243.302.55

Quality of profit

Core 68%Other income & one-offs 32%

Pre-tax profit ₹22.0 Cr: core business ₹15.0 Cr, other income ₹8.0 Cr, exceptional & other items −₹1.0 Cr.

Core profit YoY: -25.0% · reported profit -11.1%

Cash & debt

FY25 cash from operations ₹55.0 Cr: 148% of FY25 net profit of ₹37.2 Cr.

Borrowings ₹64.0 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹82.3₹105 +27.6% above
Net profit₹20.2₹16.0 -21.0% below
📊 Investor presentation (08 Jun) Detailed financials →

Borana Weaves Limited

BORANA · Textiles · Q3 FY26 · Standalone
M Cap
₹712 Cr
P/E
10.3
PEG
—
₹ CrQoQ Dec 2025Sep 2025
Sales +16.2% 11195.5
Operating profit +24.6% 27.021.7
OPM % +164 bps 24.3%22.7%
Other income -48.1% 2.03.9
Net profit +14.1% 19.016.7
PAT margin % -32 bps 17.1%17.4%
EPS (₹) +10.3% 6.966.31

Quality of profit

Core 91%Other income & one-offs 9%

Pre-tax profit ₹23.0 Cr: core business ₹21.0 Cr, other income ₹2.0 Cr.

📊 Investor presentation (31 Aug) Detailed financials →

GIC Housing Finance Limited

GICHSGFIN · Housing Finance · Q3 FY26 · Standalone
M Cap
₹711 Cr
P/E
4.5
PEG
—
  • Profit -14% below its own trend
  • Gross NPA up 77 bps YoY
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Total income +1.1%+0.4% 273272270
Net interest income +11.1%+1.0% 10099.090.0
Other income -100.0%— 0.00.01.0
Net profit -12.0%-12.0% 44.050.050.0
EPS (₹) -12.1%-12.7% 8.109.289.22
Gross NPA % +77 bps-28 bps 4.2%4.5%3.5%
Net NPA % -42 bps-19 bps 1.8%2.0%2.2%

Against its own trend ?

TrendActualGap
NII₹95.3₹100 +4.9% in line
Net profit₹50.9₹44.0 -13.6% below
📊 Investor presentation (16 Jan) Detailed financials →

TVS Electronics Limited

TVSELECT · Computer Hardware · Q3 FY26 · Standalone
M Cap
₹710 Cr
P/E
—
PEG
—
  • Turnaround: profit against a loss a year ago
  • Operating margin expanded 271 bps YoY
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales +13.6%-10.9% 114128100
Operating profit +114.8%+36.9% 6.54.83.0
OPM % +271 bps+201 bps 5.7%3.7%3.0%
Other income to lossto loss -0.51.80.9
Net profit from loss-73.5% 0.41.6-0.7
PAT margin % +101 bps-85 bps 0.4%1.2%-0.7%
EPS (₹) from loss-73.5% 0.220.83-0.35

Quality of profit

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

Core profit YoY: from loss

Cash & debt

FY25 cash from operations ₹6.0 Cr.

Borrowings ₹43.0 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹117₹114 -2.5% in line
📊 Investor presentation (01 Sep) Detailed financials →

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