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, 09:57 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 57 of 144

Advani Hotels & Resorts (India) Limited

ADVANIHOTR · Hotels & Resorts · Q3 FY26 · Standalone
M Cap
₹441 Cr
P/E
19.0
PEG
—
  • Operating margin contracted 426 bps YoY
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales +2.7%+140.6% 36.115.035.1
Operating profit -7.0%from loss 14.7-1.015.9
OPM % -426 bps+4753 bps 40.9%-6.7%45.1%
Other income -12.1%-17.5% 0.81.00.9
Net profit -9.5%from loss 10.8-1.011.9
PAT margin % -405 bps+3653 bps 29.9%-6.7%33.9%
EPS (₹) -9.3%from loss 1.17-0.111.29

Quality of profit

Core 99%Other income & one-offs 1%

Pre-tax profit ₹14.1 Cr: core business ₹14.0 Cr, other income ₹0.8 Cr, exceptional & other items −₹0.7 Cr.

Core profit YoY: -7.6% · reported profit -9.5%

Cash & debt

FY25 cash from operations ₹21.0 Cr: 81% of FY25 net profit of ₹26.0 Cr.

Borrowings ₹1.0 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹34.0₹36.1 +6.1% above
Net profit₹11.9₹10.8 -9.5% in line
Detailed financials →

Nila Spaces Limited

NILASPACES · Construction & Infrastructure · Q3 FY26 · Consolidated
M Cap
₹440 Cr
P/E
13.9
PEG
0.13
  • Profit +21% above its own trend
  • Operating margin expanded 695 bps YoY
  • 28% of pre-tax profit came from other income and one-off items
  • Core business grew faster than reported profit (core profit +177%)
  • Operating cash flow was negative in FY25 despite a profit
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales +58.1%+23.8% 52.242.233.0
Operating profit +98.0%+82.3% 18.09.99.1
OPM % +695 bps+1108 bps 34.5%23.4%27.5%
Other income +61.5%-27.3% 3.34.52.0
Net profit? +118.2%+53.2% 8.25.33.7
PAT margin % +432 bps+301 bps 15.7%12.7%11.4%
EPS (₹) +100.0%+42.9% 0.200.140.10

Quality of profit

Core 72%Other income & one-offs 28%

Pre-tax profit ₹12.0 Cr: core business ₹8.7 Cr, other income ₹3.3 Cr.

Core profit YoY: +176.8% · reported profit +118.2%

Cash & debt

FY25 cash from operations −₹40.0 Cr: -273% of FY25 net profit of ₹14.7 Cr.

Borrowings ₹22.0 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹42.0₹52.2 +24.3% above
Net profit₹6.8₹8.2 +21.1% above
Detailed financials →

Manomay Tex India Limited

MANOMAY · Textiles · Q3 FY26 · Standalone
M Cap
₹434 Cr
P/E
21.5
PEG
1.44
  • Profit -24% below its own trend
  • Operating margin contracted 213 bps YoY
  • FY25 operating cash flow was only 21% of profit
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales -5.0%+6.3% 177166186
Operating profit -20.3%-13.4% 19.622.624.5
OPM % -213 bps-251 bps 11.1%13.6%13.2%
Other income -36.2%+109.7% 0.30.10.4
Net profit -23.2%-16.9% 4.65.66.0
PAT margin % -62 bps-73 bps 2.6%3.4%3.2%
EPS (₹) -23.1%-16.8% 2.573.093.34

Quality of profit

Core 96%Other income & one-offs 4%

Pre-tax profit ₹6.2 Cr: core business ₹5.9 Cr, other income ₹0.3 Cr.

Core profit YoY: -23.1% · reported profit -23.2%

Cash & debt

FY25 cash from operations ₹4.0 Cr: 21% of FY25 net profit of ₹19.3 Cr.

Borrowings ₹328 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹188₹177 -6.2% below
Net profit₹6.1₹4.6 -24.4% below
Detailed financials →

Gujarat Apollo Industries Limited

GUJAPOLLO · Engineering & Capital Goods · Q3 FY26 · Consolidated
M Cap
₹433 Cr
P/E
88.0
PEG
—
  • Profit -81% below its own trend
  • Operating margin expanded 626 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 +159.5%+25.5% 16.212.96.2
Operating profit loss widenedloss widened -3.9-2.3-1.9
OPM % +626 bps-610 bps -24.3%-18.2%-30.5%
Other income +3.5%-13.5% 6.77.76.5
Net profit? -90.4%-88.4% 0.21.92.3
PAT margin % -3534 bps-1334 bps 1.4%14.7%36.7%
EPS (₹) -74.2%-74.2% 0.511.981.98

Quality of profit

Pre-tax profit ₹0.3 Cr: core business −₹6.4 Cr, other income ₹6.7 Cr.

Core profit YoY: loss widened · reported profit -90.4%

Cash & debt

FY25 cash from operations −₹15.6 Cr: -873% of FY25 net profit of ₹1.8 Cr.

Borrowings ₹50.1 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹8.1₹16.2 +99.4% above
Net profit₹1.1₹0.2 -80.7% below
Detailed financials →

Akiko Global Services Limited

AKIKO · NBFC & Finance Companies · Q3 FY26 · Consolidated
M Cap
₹432 Cr
P/E
19.3
PEG
—
  • Operating margin expanded 666 bps YoY
  • Core business grew faster than reported profit (core profit +393%)
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales +174.9%+44.5% 50.535.018.4
Operating profit +370.3%+62.4% 8.15.01.7
OPM % +666 bps+177 bps 16.0%14.2%9.4%
Other income +800.0%-18.2% 0.10.10.0
Net profit? +305.0%+36.9% 5.74.21.4
PAT margin % +363 bps-63 bps 11.3%11.9%7.7%
EPS (₹) +258.3%+19.8% 4.303.591.20

Quality of profit

Core 99%Other income & one-offs 1%

Pre-tax profit ₹7.5 Cr: core business ₹7.4 Cr, other income ₹0.1 Cr.

Core profit YoY: +392.7% · reported profit +305.0%

Cash & debt

FY25 cash from operations −₹27.0 Cr.

Borrowings ₹2.0 Cr at Mar 2025.

📊 Investor presentation (30 Jul) Detailed financials →

Donear Industries Limited

DONEAR · Textiles · Q3 FY26 · Standalone
M Cap
₹428 Cr
P/E
9.3
PEG
—
  • Profit +44% above its own trend
  • Operating cash flow was negative in FY25 despite a profit
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales -2.8%+1.4% 240237247
Operating profit +3.8%-7.8% 28.030.427.0
OPM % +74 bps-116 bps 11.7%12.8%10.9%
Other income —-11.3% 2.73.00.0
Net profit +56.7%+37.9% 17.112.410.9
PAT margin % +270 bps+188 bps 7.1%5.2%4.4%
EPS (₹) +56.7%+38.2% 3.292.382.10

Quality of profit

Core 87%Other income & one-offs 13%

Pre-tax profit ₹20.0 Cr: core business ₹17.3 Cr, other income ₹2.7 Cr.

Core profit YoY: +14.4% · reported profit +56.7%

Cash & debt

FY25 cash from operations −₹1.0 Cr: -3% of FY25 net profit of ₹31.9 Cr.

Borrowings ₹390 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹271₹240 -11.3% below
Net profit₹11.9₹17.1 +44.1% above
Detailed financials →

Vishal Fabrics

VISHAL · Textiles · Q3 FY26 · Consolidated
M Cap
₹427 Cr
P/E
11.1
PEG
—
  • Profit -55% below its own trend
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales +5.0%-2.2% 424433404
Operating profit -7.0%-2.2% 29.029.631.2
OPM % -88 bps-0 bps 6.8%6.8%7.7%
Other income -4.5%+101.7% 0.50.20.5
Net profit? -17.3%-37.0% 7.912.69.6
PAT margin % -50 bps-103 bps 1.9%2.9%2.4%
EPS (₹) -17.9%-37.3% 0.320.510.39

Quality of profit

Core 96%Other income & one-offs 4%

Pre-tax profit ₹10.8 Cr: core business ₹10.3 Cr, other income ₹0.5 Cr.

Core profit YoY: -24.6% · reported profit -17.3%

Cash & debt

FY25 cash from operations ₹108 Cr: 372% of FY25 net profit of ₹29.0 Cr.

Borrowings ₹292 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹463₹424 -8.5% below
Net profit₹17.5₹7.9 -54.7% below
Detailed financials →

Oswal Agro Mills Limited

OSWALAGRO · Trading & Distribution · Q3 FY26 · Consolidated
M Cap
₹426 Cr
P/E
—
PEG
—
  • Profit -95% below its own trend
  • FY25 operating cash flow was only 50% of profit
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales -100.0%— 0.00.062.5
Operating profit to lossloss narrowed -4.0-5.455.9
Other income +114.3%+5.8% 5.04.72.3
Net profit? -90.9%+126.5% 4.01.843.9
EPS (₹) -90.2%+146.2% 0.320.133.27

Quality of profit

Pre-tax profit ₹0.0 Cr: core business −₹4.0 Cr, other income ₹5.0 Cr, exceptional & other items −₹1.0 Cr.

Core profit YoY: to loss · reported profit -90.9%

Cash & debt

FY25 cash from operations ₹56.0 Cr: 50% of FY25 net profit of ₹113 Cr.

Borrowings nil at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹125₹0.0 -100.0% below
Net profit₹87.8₹4.0 -95.4% below
Detailed financials →

Entertainment Network (India) Limited

ENIL · Media & Entertainment · Q3 FY26 · Consolidated
M Cap
₹424 Cr
P/E
—
PEG
—
  • Into loss: a profit a year ago
  • Profit -177% below its own trend
  • Operating margin contracted 987 bps YoY
  • Exceptional items of ₹-8.1 Cr in the quarter
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales +3.8%+16.9% 165141159
Operating profit -49.6%+34.9% 15.311.430.5
OPM % -987 bps+124 bps 9.3%8.1%19.2%
Other income +1.1%-1.4% 6.76.76.6
Net profit? to lossloss widened -6.3-4.19.3
PAT margin % -965 bps-93 bps -3.8%-2.9%5.8%
EPS (₹) to lossloss widened -1.32-0.861.94

Quality of profit

Pre-tax profit −₹11.9 Cr: core business −₹10.4 Cr, other income ₹6.7 Cr, exceptional & other items −₹8.1 Cr.

Core profit YoY: to loss

Cash & debt

FY25 cash from operations ₹26.0 Cr: 218% of FY25 net profit of ₹11.9 Cr.

Borrowings ₹177 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹165₹165 -0.2% in line
Net profit₹8.2−₹6.3 -177.4% below
📊 Investor presentation (06 Aug) Detailed financials →

Modi Naturals Limited

MODINATUR · Agricultural Products · Q3 FY26 · Consolidated
M Cap
₹421 Cr
P/E
8.0
PEG
—
  • Profit -36% below its own trend
  • Operating margin expanded 179 bps YoY
  • Core business grew faster than reported profit (core profit +58%)
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales -2.8%+18.4% 174147179
Operating profit +20.7%+7.0% 16.015.013.3
OPM % +179 bps-99 bps 9.2%10.2%7.4%
Other income -97.3%-96.6% 0.01.01.3
Net profit? +28.5%+0.4% 10.010.07.8
PAT margin % +140 bps-103 bps 5.8%6.8%4.4%
EPS (₹) +28.6%-0.1% 7.567.575.88

Quality of profit

Core 100%Other income & one-offs 0%

Pre-tax profit ₹12.1 Cr: core business ₹12.1 Cr, other income ₹0.0 Cr.

Core profit YoY: +58.0% · reported profit +28.5%

Against its own trend ?

TrendActualGap
Sales₹295₹174 -41.0% below
Net profit₹15.6₹10.0 -35.8% below
📊 Investor presentation (17 Aug) Detailed financials →

A B Cotspin India Limited

ABCOTS · Textiles · Q3 FY26 · Consolidated
M Cap
₹420 Cr
P/E
30.1
PEG
0.34
  • Profit -37% below its own trend
  • Operating margin contracted 278 bps YoY
  • 44% of pre-tax profit came from other income and one-off items
  • Profit grew faster than the core business (core profit -43%)
  • Operating cash flow was negative in FY25 despite a profit
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales +30.4%+52.2% 77.250.759.2
Operating profit +6.1%-16.3% 9.411.38.9
OPM % -278 bps-1000 bps 12.2%22.2%15.0%
Other income —— 2.00.00.2
Net profit? -19.7%-9.6% 3.33.64.1
PAT margin % -264 bps-290 bps 4.2%7.1%6.9%
EPS (₹) -61.1%-7.2% 1.541.663.96

Quality of profit

Core 56%Other income & one-offs 44%

Pre-tax profit ₹4.6 Cr: core business ₹2.6 Cr, other income ₹2.0 Cr.

Core profit YoY: -43.1% · reported profit -19.7%

Cash & debt

FY25 cash from operations −₹16.0 Cr: -128% of FY25 net profit of ₹12.5 Cr.

Borrowings ₹166 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹52.9₹77.2 +46.1% above
Net profit₹5.2₹3.3 -37.2% below
Detailed financials →

Aarti Surfactants Limited

AARTISURF · Chemicals · Q3 FY26 · Consolidated
M Cap
₹416 Cr
P/E
22.6
PEG
—
  • Profit +319% above its own trend
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales +27.6%+16.0% 208179163
Operating profit +42.8%+35.9% 12.79.38.9
OPM % +65 bps+90 bps 6.1%5.2%5.5%
Other income from loss-32.3% 0.00.1-0.2
Net profit? +358.5%+134.4% 3.71.60.8
PAT margin % +127 bps+89 bps 1.8%0.9%0.5%
EPS (₹) +354.7%+134.8% 4.321.840.95

Quality of profit

Core 99%Other income & one-offs 1%

Pre-tax profit ₹5.1 Cr: core business ₹5.1 Cr, other income ₹0.0 Cr.

Core profit YoY: +269.2% · reported profit +358.5%

Cash & debt

FY25 cash from operations ₹11.0 Cr: 76% of FY25 net profit of ₹14.5 Cr.

Borrowings ₹110 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹200₹208 +3.7% in line
Net profit₹0.9₹3.7 +319.1% above
Detailed financials →

United Drilling Tools Limited

UNIDT · Engineering & Capital Goods · Q3 FY26 · Consolidated
M Cap
₹413 Cr
P/E
20.3
PEG
0.88
  • Profit +76% above its own trend
  • Operating margin expanded 200 bps YoY
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales +49.1%-9.1% 50.555.633.9
Operating profit +67.9%-1.2% 9.09.15.4
OPM % +200 bps+143 bps 17.8%16.4%15.8%
Other income +296.1%-49.1% 0.61.20.2
Net profit? +106.2%-4.9% 5.55.82.7
PAT margin % +300 bps+48 bps 10.8%10.3%7.8%
EPS (₹) +105.3%-4.9% 2.692.831.31

Quality of profit

Core 92%Other income & one-offs 8%

Pre-tax profit ₹7.6 Cr: core business ₹7.0 Cr, other income ₹0.6 Cr.

Core profit YoY: +101.8% · reported profit +106.2%

Cash & debt

FY25 cash from operations ₹9.0 Cr: 60% of FY25 net profit of ₹15.0 Cr.

Borrowings ₹34.0 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹29.2₹50.5 +72.8% above
Net profit₹3.1₹5.5 +76.2% above
Detailed financials →

Jinkushal Industries Limited

JKIPL · Auto Dealers · Q3 FY26 · Consolidated
M Cap
₹412 Cr
P/E
18.3
PEG
—
₹ CrQoQ Dec 2025Sep 2025
Sales +24.7% 90.872.8
Operating profit -18.7% 5.77.0
OPM % -336 bps 6.3%9.7%
Other income +138.3% 1.00.4
Net profit? -6.3% 4.24.4
PAT margin % -151 bps 4.6%6.1%
EPS (₹) -26.8% 1.091.49

Quality of profit

Core 82%Other income & one-offs 18%

Pre-tax profit ₹5.7 Cr: core business ₹4.7 Cr, other income ₹1.0 Cr.

📊 Investor presentation (18 Aug) Detailed financials →

Thomas Scott (India) Limited

THOMASCOTT · Textiles · Q3 FY26 · Standalone
M Cap
₹407 Cr
P/E
19.3
PEG
0.21
  • Profit +13% above its own trend
  • Operating cash flow was negative in FY25 despite a profit
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales +45.9%+16.4% 66.256.945.4
Operating profit +41.2%-7.5% 7.88.55.5
OPM % -40 bps-304 bps 11.8%14.9%12.2%
Other income to lossto loss -0.10.00.2
Net profit +65.4%+5.4% 5.04.73.0
PAT margin % +88 bps-78 bps 7.5%8.3%6.6%
EPS (₹) -7.1%+5.6% 3.393.213.65

Quality of profit

Pre-tax profit ₹6.4 Cr: core business ₹6.5 Cr, other income −₹0.1 Cr.

Core profit YoY: +50.3% · reported profit +65.4%

Cash & debt

FY25 cash from operations −₹39.0 Cr: -343% of FY25 net profit of ₹11.4 Cr.

Borrowings ₹13.0 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹86.8₹66.2 -23.7% below
Net profit₹4.4₹5.0 +13.3% above
📊 Investor presentation (17 Aug) Detailed financials →

Medicamen Biotech Limited

MEDICAMEQ · Pharmaceuticals · Q3 FY26 · Consolidated
M Cap
₹405 Cr
P/E
1.1
PEG
—
  • Profit +999% above its own trend
  • Operating margin contracted 553 bps YoY
  • 25% 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 —-0.6% 4,6914,71745.1
Operating profit —-15.1% 4385166.7
OPM % -553 bps-160 bps 9.3%10.9%14.9%
Other income —+43.5% 53.537.30.1
Net profit? —-22.7% 1632112.9
PAT margin % -299 bps-100 bps 3.5%4.5%6.5%
EPS (₹) -30.0%+3.2% 1.611.562.30

Quality of profit

Core 75%Other income & one-offs 25%

Pre-tax profit ₹211 Cr: core business ₹158 Cr, other income ₹53.5 Cr.

Cash & debt

FY25 cash from operations −₹8.0 Cr: -72% of FY25 net profit of ₹11.2 Cr.

Borrowings ₹34.0 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹44.5₹4,691 +999.0% above
Net profit₹5.8₹163 +999.0% above
Detailed financials →

HLV LIMITED

HLVLTD · Hotels & Resorts · Q3 FY26 · Standalone
M Cap
₹405 Cr
P/E
—
PEG
—
  • Profit -37% below its own trend
  • Operating margin contracted 151 bps YoY
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales +5.5%+70.0% 60.935.857.7
Operating profit -2.3%from loss 11.6-6.211.8
OPM % -151 bps+3631 bps 19.0%-17.3%20.5%
Other income -70.5%-53.8% 0.92.03.1
Net profit -33.1%from loss 6.9-9.910.3
PAT margin % -651 bps+3897 bps 11.3%-27.7%17.8%
EPS (₹) -37.5%from loss 0.10-0.150.16

Quality of profit

Core 87%Other income & one-offs 13%

Pre-tax profit ₹6.9 Cr: core business ₹6.0 Cr, other income ₹0.9 Cr.

Core profit YoY: -17.1% · reported profit -33.1%

Cash & debt

FY25 cash from operations ₹34.0 Cr: 130% of FY25 net profit of ₹26.1 Cr.

Borrowings ₹41.0 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹56.0₹60.9 +8.7% above
Net profit₹10.9₹6.9 -36.8% below
Detailed financials →

Dev Accelerator Limited

DEVX · Commercial & Business Services · Q3 FY26 · Consolidated
M Cap
₹401 Cr
P/E
39.3
PEG
—
  • All of pre-tax profit came from other income or one-off items
  • Exceptional items of ₹-1.3 Cr in the quarter
₹ CrQoQ Dec 2025Sep 2025
Sales +14.2% 59.251.8
Operating profit -9.4% 23.926.4
OPM % -1053 bps 40.4%51.0%
Other income -42.6% 1.52.6
Net profit? to loss -1.01.8
PAT margin % -509 bps -1.7%3.4%
EPS (₹) to loss -0.150.26

Quality of profit

Pre-tax profit ₹2.6 Cr: core business −₹0.2 Cr, other income ₹1.5 Cr, exceptional & other items ₹1.3 Cr.

📊 Investor presentation (13 Aug) Detailed financials →

Lancer Containe.

LANCER · Logistics · Q3 FY26 · Consolidated
M Cap
₹401 Cr
P/E
70.0
PEG
—
  • Into loss: a profit a year ago
  • Profit -471% below its own trend
  • Operating margin contracted 811 bps YoY
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales -73.3%-41.9% 54.493.7204
Operating profit to lossto loss -1.75.510.0
OPM % -811 bps-909 bps -3.2%5.9%4.9%
Other income -1.6%-61.8% 4.912.95.0
Net profit? to lossto loss -7.46.84.0
PAT margin % -1561 bps-2088 bps -13.7%7.2%2.0%
EPS (₹) to lossto loss -0.300.280.17

Quality of profit

Pre-tax profit −₹7.3 Cr: core business −₹12.2 Cr, other income ₹4.9 Cr.

Cash & debt

FY25 cash from operations ₹310 Cr.

Borrowings ₹66.0 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹142₹54.4 -61.7% below
Net profit₹2.0−₹7.4 -471.4% below
Detailed financials →

NDL Ventures Limited

NDLVENTURE · Media & Entertainment · Q3 FY26 · Standalone
M Cap
₹400 Cr
P/E
444.8
PEG
8.90
  • Profit +271% 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 —— 0.00.00.0
Operating profit loss narrowedloss widened -0.9-0.8-1.1
Other income +7.7%+5.0% 1.31.21.2
Net profit +228.6%-17.9% 0.20.30.1
EPS (₹) +250.0%-12.5% 0.070.080.02

Quality of profit

Pre-tax profit ₹0.3 Cr: core business −₹0.9 Cr, other income ₹1.3 Cr.

Core profit YoY: loss narrowed · reported profit +228.6%

Cash & debt

FY25 cash from operations −₹4.2 Cr: -702% of FY25 net profit of ₹0.6 Cr.

Borrowings nil at Mar 2025.

Against its own trend ?

TrendActualGap
Net profit₹0.1₹0.2 +271.1% above
Detailed financials →

Cords Cable Industries Limited

CORDSCABLE · Cables & Wires · Q3 FY26 · Standalone
M Cap
₹398 Cr
P/E
16.2
PEG
0.39
  • Profit -24% below its own trend
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales +14.7%+4.4% 236226205
Operating profit +13.8%+4.8% 14.614.012.9
OPM % -5 bps+3 bps 6.2%6.2%6.3%
Other income +42.9%+85.5% 0.90.50.7
Net profit +5.1%+37.4% 4.93.64.7
PAT margin % -19 bps+50 bps 2.1%1.6%2.3%
EPS (₹) +4.7%+38.0% 3.782.743.61

Quality of profit

Core 86%Other income & one-offs 14%

Pre-tax profit ₹6.6 Cr: core business ₹5.6 Cr, other income ₹0.9 Cr.

Core profit YoY: +1.1% · reported profit +5.1%

Cash & debt

FY25 cash from operations ₹14.0 Cr: 95% of FY25 net profit of ₹14.7 Cr.

Borrowings ₹116 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹260₹236 -9.5% below
Net profit₹6.4₹4.9 -23.6% below
Detailed financials →

Cybertech Systems And Software Limited

CYBERTECH · IT Services & Software · Q3 FY26 · Consolidated
M Cap
₹396 Cr
P/E
12.5
PEG
1.04
  • Profit -41% below its own trend
  • Operating margin contracted 797 bps YoY
  • 71% of pre-tax profit came from other income and one-off items
  • Profit grew faster than the core business (core profit -66%)
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales -1.3%-1.6% 57.858.858.6
Operating profit -57.5%-24.7% 3.54.68.2
OPM % -797 bps-184 bps 6.0%7.9%14.0%
Other income +18.5%-24.5% 6.07.95.1
Net profit? -27.7%-24.5% 6.58.79.0
PAT margin % -413 bps-343 bps 11.3%14.7%15.4%
EPS (₹) -27.6%-24.5% 2.102.782.90

Quality of profit

Core 29%Other income & one-offs 71%

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

Core profit YoY: -65.5% · reported profit -27.7%

Cash & debt

FY25 cash from operations ₹38.0 Cr: 109% of FY25 net profit of ₹34.9 Cr.

Borrowings ₹8.0 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹61.1₹57.8 -5.4% below
Net profit₹11.2₹6.5 -41.4% below
Detailed financials →

Lords Chloro Alkali Limited

LORDSCHLO · Chemicals · Q3 FY26 · Standalone
M Cap
₹394 Cr
P/E
12.0
PEG
—
  • Profit +82% above its own trend
  • Operating margin expanded 207 bps YoY
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales +45.0%-4.5% 94.098.364.8
Operating profit +77.1%-42.5% 10.718.76.1
OPM % +207 bps-756 bps 11.4%19.0%9.3%
Other income -78.2%-93.4% 0.22.40.7
Net profit +264.0%-49.0% 4.69.01.3
PAT margin % +295 bps-429 bps 4.9%9.2%2.0%
EPS (₹) +266.0%-49.0% 1.833.590.50

Quality of profit

Core 96%Other income & one-offs 4%

Pre-tax profit ₹4.1 Cr: core business ₹4.0 Cr, other income ₹0.2 Cr.

Core profit YoY: +213.5% · reported profit +264.0%

Cash & debt

FY25 cash from operations ₹9.0 Cr: 146% of FY25 net profit of ₹6.2 Cr.

Borrowings ₹132 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹91.3₹94.0 +2.9% in line
Net profit₹2.5₹4.6 +82.0% above
📊 Investor presentation (27 Jul) Detailed financials →

Vraj Iron and Steel Limited

VRAJ · Iron & Steel · Q3 FY26 · Consolidated
M Cap
₹394 Cr
P/E
12.1
PEG
—
  • Profit -83% below its own trend
  • Operating margin contracted 580 bps YoY
  • All of pre-tax profit came from other income or one-off items
  • FY25 operating cash flow was only 32% of profit
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales +22.1%+10.1% 146133120
Operating profit -53.8%-61.4% 5.213.411.2
OPM % -580 bps-655 bps 3.5%10.1%9.3%
Other income +24.9%-10.4% 2.32.61.8
Net profit? -86.7%-85.8% 1.17.78.2
PAT margin % -613 bps-508 bps 0.7%5.8%6.9%
EPS (₹) -87.9%-86.0% 0.332.352.72

Quality of profit

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

Core profit YoY: to loss · reported profit -86.7%

Cash & debt

FY25 cash from operations ₹14.0 Cr: 32% of FY25 net profit of ₹44.1 Cr.

Borrowings ₹2.0 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹166₹146 -11.7% below
Net profit₹6.3₹1.1 -82.5% below
Detailed financials →

Nahar Capital and Financial Services Limited

NAHARCAP · NBFC & Finance Companies · Q3 FY26 · Consolidated
M Cap
₹393 Cr
P/E
6.1
PEG
—
  • 87% of pre-tax profit came from other income and one-off items
  • Profit grew faster than the core business (core profit +0%)
  • FY25 operating cash flow was only 0% of profit
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales +0.0%-50.0% 5.010.05.0
Operating profit +0.0%-66.7% 2.06.02.0
OPM % +0 bps-2000 bps 40.0%60.0%40.0%
Other income +225.0%+8.3% 13.012.04.0
Net profit? +116.7%-35.0% 13.020.06.0
EPS (₹) +101.3%-35.8% 7.8112.173.88

Quality of profit

Core 13%Other income & one-offs 87%

Pre-tax profit ₹15.0 Cr: core business ₹2.0 Cr, other income ₹13.0 Cr.

Core profit YoY: +0.0% · reported profit +116.7%

Cash & debt

FY25 cash from operations ₹0.0 Cr: 0% of FY25 net profit of ₹49.0 Cr.

Borrowings ₹5.0 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹4.2₹5.0 +18.3% above
Net profit₹12.0₹13.0 +8.3% in line
Detailed financials →

Elin Electronics Limited

ELIN · Electronic Components · Q3 FY26 · Consolidated
M Cap
₹389 Cr
P/E
17.2
PEG
—
  • Profit +40% above its own trend
  • Operating margin expanded 114 bps YoY
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales +10.2%-21.6% 294375266
Operating profit +54.6%-42.6% 11.720.47.6
OPM % +114 bps-145 bps 4.0%5.4%2.8%
Other income -63.5%-55.9% 0.81.82.1
Net profit? +161.6%-64.5% 3.710.31.4
PAT margin % +72 bps-150 bps 1.2%2.8%0.5%
EPS (₹) +155.2%-64.3% 0.742.070.29

Quality of profit

Core 84%Other income & one-offs 16%

Pre-tax profit ₹4.8 Cr: core business ₹4.0 Cr, other income ₹0.8 Cr.

Core profit YoY: from loss · reported profit +161.6%

Cash & debt

FY25 cash from operations ₹17.0 Cr: 58% of FY25 net profit of ₹29.3 Cr.

Borrowings ₹24.0 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹301₹294 -2.5% in line
Net profit₹2.6₹3.7 +39.8% above
📊 Investor presentation (06 Aug) Detailed financials →

Markolines Pavement Technologies Limited

MARKOLINES · Construction & Infrastructure · Q3 FY26 · Consolidated
M Cap
₹386 Cr
P/E
14.4
PEG
—
₹ CrQoQ Dec 2025Sep 2025
Sales +19.7% 93.077.7
Operating profit +41.6% 10.17.1
OPM % +168 bps 10.9%9.2%
Other income -3.5% 1.71.7
Net profit? +71.5% 7.04.1
PAT margin % +227 bps 7.5%5.3%
EPS (₹) +80.0% 3.331.85

Quality of profit

Core 82%Other income & one-offs 18%

Pre-tax profit ₹8.4 Cr: core business ₹6.9 Cr, other income ₹1.7 Cr.

📊 Investor presentation (19 Aug) Detailed financials →

Suraj Limited

SURAJLTD · Iron & Steel · Q3 FY26 · Consolidated
M Cap
₹382 Cr
P/E
45.9
PEG
—
  • Profit -61% below its own trend
  • Operating margin contracted 1222 bps YoY
  • 33% 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 -2.7%+23.3% 61.950.263.6
Operating profit -60.4%+41.0% 5.23.713.1
OPM % -1222 bps+105 bps 8.4%7.3%20.6%
Other income -13.0%-48.1% 0.61.20.7
Net profit? -80.5%+65.7% 1.40.87.1
PAT margin % -887 bps+57 bps 2.2%1.7%11.1%
EPS (₹) -80.5%+66.7% 0.750.453.84

Quality of profit

Core 67%Other income & one-offs 33%

Pre-tax profit ₹2.0 Cr: core business ₹1.3 Cr, other income ₹0.6 Cr.

Core profit YoY: -85.6% · reported profit -80.5%

Cash & debt

FY25 cash from operations −₹9.0 Cr: -68% of FY25 net profit of ₹13.3 Cr.

Borrowings ₹64.0 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹52.7₹61.9 +17.4% above
Net profit₹3.5₹1.4 -61.0% below
Detailed financials →

Sinclairs Hotels Limited

SINCLAIR · Hotels & Resorts · Q3 FY26 · Standalone
M Cap
₹381 Cr
P/E
35.3
PEG
—
  • Profit +624% above its own trend
  • Operating margin expanded 1849 bps YoY
  • 39% of pre-tax profit came from other income and one-off items
  • Profit grew faster than the core business (core profit +268%)
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales +23.4%+98.1% 17.89.014.4
Operating profit +126.4%from loss 7.2-0.33.2
OPM % +1849 bps+4391 bps 40.6%-3.3%22.1%
Other income +711.9%+848.3% 2.90.30.4
Net profit +414.5%from loss 5.8-2.01.1
PAT margin % +2464 bps+5508 bps 32.4%-22.7%7.8%
EPS (₹) +413.6%from loss 1.13-0.400.22

Quality of profit

Core 61%Other income & one-offs 39%

Pre-tax profit ₹7.4 Cr: core business ₹4.5 Cr, other income ₹2.9 Cr.

Core profit YoY: +268.2% · reported profit +414.5%

Cash & debt

FY25 cash from operations ₹10.6 Cr: 76% of FY25 net profit of ₹14.0 Cr.

Borrowings ₹20.6 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹14.4₹17.8 +23.7% above
Net profit₹0.8₹5.8 +624.2% above
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