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, 10:56 IST 4316 declared
The next results season has started: 46 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 63 of 144

Globe Civil Projects Limited

GLOBECIVIL · Construction & Infrastructure · Q3 FY26 · Consolidated
M Cap
₹243 Cr
P/E
9.6
PEG
—
₹ CrQoQ Dec 2025Sep 2025
Sales +8.2% 10193.8
Operating profit +9.0% 14.113.0
OPM % +10 bps 13.9%13.8%
Other income -35.5% 0.71.0
Net profit? +9.1% 6.56.0
PAT margin % +6 bps 6.4%6.4%
EPS (₹) +12.4% 1.090.97

Quality of profit

Core 92%Other income & one-offs 8%

Pre-tax profit ₹8.0 Cr: core business ₹7.3 Cr, other income ₹0.7 Cr.

DCM Shriram Fine Chemicals Limited

DSFCL · Specialty Chemicals · Q3 FY26 · Consolidated
M Cap
₹242 Cr
P/E
—
PEG
—
₹ CrQoQ Dec 2025Sep 2025
Sales +0.1% 97.096.9
Operating profit from loss 0.3-1.5
OPM % +187 bps 0.3%-1.5%
Other income +19.1% 0.80.7
Net profit? loss narrowed -1.5-2.5
PAT margin % +107 bps -1.5%-2.6%
EPS (₹) loss narrowed -0.17-0.25

Quality of profit

Pre-tax profit −₹1.2 Cr: core business −₹2.0 Cr, other income ₹0.8 Cr.

Jayshree Tea & Industries Limited

JAYSREETEA · Tea & Coffee · Q3 FY26 · Consolidated
M Cap
₹242 Cr
P/E
—
PEG
—
  • Into loss: a profit a year ago
  • Profit -101% below its own trend
  • Operating cash flow was negative in FY25 despite a profit
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales +26.6%+10.3% 295267233
Operating profit +53.8%-64.5% 12.033.87.8
OPM % +72 bps-857 bps 4.1%12.6%3.3%
Other income -100.0%-100.0% 0.00.426.1
Net profit? to lossto loss -2.019.674.3
PAT margin % -3259 bps-800 bps -0.7%7.3%31.9%
EPS (₹) to lossto loss -0.526.7825.74

Quality of profit

Pre-tax profit −₹2.0 Cr: core business −₹1.0 Cr, other income ₹0.0 Cr, exceptional & other items −₹1.0 Cr.

Core profit YoY: loss narrowed

Cash & debt

FY25 cash from operations −₹43.0 Cr: -34% of FY25 net profit of ₹126 Cr.

Borrowings ₹326 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹269₹295 +9.6% above
Net profit₹149−₹2.0 -101.3% below

FCS Software Solutions Limited

FCSSOFT · IT Services & Software · Q3 FY26 · Consolidated
M Cap
₹241 Cr
P/E
85.7
PEG
2.09
  • Into loss: a profit a year ago
  • Operating margin contracted 1778 bps YoY
  • Exceptional items of ₹-1.2 Cr in the quarter
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales +60.6%+81.0% 14.98.29.3
Operating profit to lossloss narrowed -0.4-1.21.4
OPM % -1778 bps+1209 bps -2.6%-14.7%15.1%
Other income +13.4%-51.5% 2.34.72.0
Net profit? to lossloss widened -2.0-1.21.3
PAT margin % -2689 bps+183 bps -13.3%-15.1%13.6%
EPS (₹) to lossloss widened -0.01-0.010.01

Quality of profit

Pre-tax profit −₹1.6 Cr: core business −₹2.7 Cr, other income ₹2.3 Cr, exceptional & other items −₹1.2 Cr.

Core profit YoY: loss widened

Cash & debt

FY25 cash from operations ₹10.2 Cr: 274% of FY25 net profit of ₹3.7 Cr.

Borrowings nil at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹8.4₹14.9 +76.2% above

Star Paper Mills Limited

STARPAPER · Paper · Q3 FY26 · Standalone
M Cap
₹241 Cr
P/E
7.8
PEG
—
  • Profit +50% above its own trend
  • Operating margin contracted 732 bps YoY
  • All of pre-tax profit came from other income or one-off items
  • FY25 operating cash flow was only 36% of profit
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales -5.8%-12.0% 91.810497.5
Operating profit -92.0%-91.3% 0.67.17.8
OPM % -732 bps-617 bps 0.7%6.8%8.0%
Other income +162.2%+113.0% 11.85.54.5
Net profit +6.6%-36.9% 8.213.07.7
PAT margin % +104 bps-352 bps 9.0%12.5%7.9%
EPS (₹) +6.7%-36.8% 5.278.344.94

Quality of profit

Pre-tax profit ₹10.6 Cr: core business −₹1.2 Cr, other income ₹11.8 Cr.

Core profit YoY: to loss · reported profit +6.6%

Cash & debt

FY25 cash from operations ₹15.0 Cr: 36% of FY25 net profit of ₹41.1 Cr.

Borrowings ₹5.0 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹89.2₹91.8 +3.0% in line
Net profit₹5.5₹8.2 +50.3% above

Setco Automotive Limited

SETCO · Auto Components · Q3 FY26 · Consolidated
M Cap
₹241 Cr
P/E
—
PEG
—
  • Operating margin contracted 142 bps YoY
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales +9.2%+9.8% 197179180
Operating profit -0.4%+20.3% 28.924.029.0
OPM % -142 bps+128 bps 14.7%13.4%16.1%
Other income -65.5%-65.5% 0.72.02.0
Net profit? loss widenedloss widened -57.2-41.0-34.0
PAT margin % -1020 bps-619 bps -29.1%-22.9%-18.9%
EPS (₹) loss widenedloss widened -3.79-1.99-2.15

Quality of profit

Pre-tax profit −₹39.0 Cr: core business −₹39.7 Cr, other income ₹0.7 Cr.

Core profit YoY: loss widened

Cash & debt

FY25 cash from operations ₹89.0 Cr.

Borrowings ₹1,178 Cr at Sep 2025, against ₹1,116 Cr at Mar 2025 (+6%).

Against its own trend ?

TrendActualGap
Sales₹199₹197 -1.5% in line

Shivam Autotech Limited

SHIVAMAUTO · Auto Components · Q3 FY26 · Standalone
M Cap
₹240 Cr
P/E
—
PEG
—
  • Operating margin contracted 453 bps YoY
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales -15.0%-15.0% 96.0113113
Operating profit -54.5%-50.0% 5.010.011.0
OPM % -453 bps-364 bps 5.2%8.8%9.7%
Other income —— -1.00.00.0
Net profit loss widenedloss widened -25.0-12.0-12.0
PAT margin % -1542 bps-1542 bps -26.0%-10.6%-10.6%
EPS (₹) loss widenedloss widened -1.87-0.94-0.97

Quality of profit

Pre-tax profit −₹23.0 Cr: core business −₹22.0 Cr, other income −₹1.0 Cr.

Core profit YoY: loss widened

Cash & debt

FY25 cash from operations ₹77.0 Cr.

Borrowings ₹339 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹102₹96.0 -5.9% below

All E Technologies Limited

ALLETEC · IT Services & Software · Q3 FY26 · Consolidated
M Cap
₹238 Cr
P/E
9.7
PEG
0.30
  • Profit -30% below its own trend
  • Operating margin contracted 203 bps YoY
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales -0.8%+7.0% 35.733.436.0
Operating profit -10.0%+6.3% 7.16.77.9
OPM % -203 bps-15 bps 19.9%20.1%22.0%
Other income -22.0%-55.7% 1.73.82.1
Net profit? -14.2%-16.3% 6.27.47.2
PAT margin % -269 bps-482 bps 17.3%22.1%20.0%
EPS (₹) -14.3%-16.2% 3.063.653.57

Quality of profit

Core 80%Other income & one-offs 20%

Pre-tax profit ₹8.4 Cr: core business ₹6.7 Cr, other income ₹1.7 Cr.

Core profit YoY: -12.0% · reported profit -14.2%

Cash & debt

FY25 cash from operations ₹22.0 Cr: 73% of FY25 net profit of ₹30.2 Cr.

Borrowings ₹1.0 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹39.2₹35.7 -8.9% below
Net profit₹8.8₹6.2 -29.9% below

Naga Dhunseri Group Limited

NDGL · NBFC & Finance Companies · Q3 FY26 · Consolidated
M Cap
₹238 Cr
P/E
—
PEG
—
  • Into loss: a profit a year ago
  • Profit -173% below its own trend
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Total income +984.6%-18.0% 14117213.0
Net profit? to lossto loss -11.07.011.0
EPS (₹) to lossloss widened -79.30-20.10110.20

Against its own trend ?

TrendActualGap
Total income₹26.0₹141 +442.3% above
Net profit₹15.1−₹11.0 -172.7% below

Aastha Spintex Limited

AASTHA · Textiles · Q3 FY26 · Standalone
M Cap
₹238 Cr
P/E
—
PEG
—
₹ Cr Dec 2025
Sales 141
Operating profit 20.2
OPM % 14.3%
Other income 0.3
Net profit 10.8
PAT margin % 7.6%
EPS (₹) 1.70

Sep 2025 and Dec 2024 are not on record for this company, so there is nothing to compare with yet.

Quality of profit

Core 98%Other income & one-offs 2%

Pre-tax profit ₹15.0 Cr: core business ₹14.7 Cr, other income ₹0.3 Cr.

Cash & debt

FY25 cash from operations −₹19.0 Cr.

Borrowings ₹96.0 Cr at Mar 2025.

Shankar Lal Rampal Dye-Chem Limited

SRD · Trading & Distribution · Q3 FY26 · Standalone
M Cap
₹237 Cr
P/E
12.9
PEG
—
  • Profit -40% below its own trend
  • Operating margin contracted 115 bps YoY
  • Operating cash flow was negative in FY25 despite a profit
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales -11.1%-19.7% 90.5113102
Operating profit -36.1%-29.7% 2.73.84.2
OPM % -115 bps-42 bps 2.9%3.4%4.1%
Other income —-100.0% 0.00.00.0
Net profit -27.2%-12.0% 2.12.42.9
PAT margin % -51 bps+20 bps 2.3%2.1%2.8%
EPS (₹) -26.7%-10.8% 0.330.370.45

Quality of profit

Core 100%Other income & one-offs 0%

Pre-tax profit ₹2.4 Cr: core business ₹2.4 Cr, other income ₹0.0 Cr.

Core profit YoY: -38.3% · reported profit -27.2%

Cash & debt

FY25 cash from operations −₹13.0 Cr: -114% of FY25 net profit of ₹11.4 Cr.

Borrowings ₹18.0 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹124₹90.5 -26.9% below
Net profit₹3.5₹2.1 -39.8% below

Sakuma Exports Limited

SAKUMA · Trading & Distribution · Q3 FY26 · Consolidated
M Cap
₹237 Cr
P/E
22.2
PEG
—
  • Profit -64% 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 -23.9%+42.9% 363254478
Operating profit loss narrowedloss narrowed -0.4-2.5-0.5
OPM % -0 bps+87 bps -0.1%-1.0%-0.1%
Other income -61.2%-39.8% 2.64.36.6
Net profit? -81.9%-16.4% 0.60.73.4
PAT margin % -54 bps-12 bps 0.2%0.3%0.7%
EPS (₹) -100.0%— 0.000.000.02

Quality of profit

Pre-tax profit ₹1.2 Cr: core business −₹1.3 Cr, other income ₹2.6 Cr.

Core profit YoY: loss narrowed · reported profit -81.9%

Cash & debt

FY25 cash from operations −₹138 Cr: -932% of FY25 net profit of ₹14.8 Cr.

Borrowings ₹106 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹326₹363 +11.7% above
Net profit₹1.7₹0.6 -63.8% below

TRF Limited

TRF · Engineering & Capital Goods · Q3 FY26 · Consolidated
M Cap
₹236 Cr
P/E
4.7
PEG
—
  • Profit -27% below its own trend
  • Operating margin contracted 1571 bps YoY
  • 64% of pre-tax profit came from other income and one-off items
  • Profit grew faster than the core business (core profit -71%)
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales -14.7%-11.0% 19.922.323.3
Operating profit -41.8%+32.0% 6.75.111.5
OPM % -1571 bps+1096 bps 33.7%22.7%49.4%
Other income -6.9%-14.2% 3.74.44.0
Net profit? -49.0%from loss 5.7-6.811.3
PAT margin % -1947 bps+5934 bps 28.9%-30.5%48.3%
EPS (₹) -49.0%from loss 5.22-6.1910.24

Quality of profit

Core 36%Other income & one-offs 64%

Pre-tax profit ₹5.7 Cr: core business ₹2.1 Cr, other income ₹3.7 Cr.

Core profit YoY: -71.3% · reported profit -49.0%

Cash & debt

FY25 cash from operations ₹93.6 Cr: 363% of FY25 net profit of ₹25.8 Cr.

Borrowings ₹554 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹16.3₹19.9 +22.2% above
Net profit₹7.9₹5.7 -27.5% below

Asian Hotels (East) Limited

AHLEAST · Hotels & Resorts · Q3 FY26 · Consolidated
M Cap
₹235 Cr
P/E
—
PEG
—
  • Into loss: a profit a year ago
  • Profit -764% below its own trend
  • Operating margin expanded 460 bps YoY
  • FY25 operating cash flow was only 0% of profit
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales +13.7%+42.3% 37.026.032.6
Operating profit +29.4%+133.3% 14.06.010.8
OPM % +460 bps+1476 bps 37.8%23.1%33.2%
Other income to loss— -62.00.010.3
Net profit? to lossloss widened -52.6-7.04.8
EPS (₹) to lossloss widened -30.44-4.032.79

Quality of profit

Pre-tax profit −₹49.0 Cr: core business ₹13.0 Cr, other income −₹62.0 Cr.

Core profit YoY: from loss

Cash & debt

FY25 cash from operations ₹0.0 Cr: 0% of FY25 net profit of ₹17.5 Cr.

Borrowings ₹353 Cr at Sep 2025, against ₹330 Cr at Mar 2025 (+7%).

Against its own trend ?

TrendActualGap
Sales₹36.4₹37.0 +1.5% in line
Net profit₹7.9−₹52.6 -763.8% below

Maral Overseas Limited

MARALOVER · Textiles · Q3 FY26 · Standalone
M Cap
₹235 Cr
P/E
11.2
PEG
0.36
  • Turnaround: profit against a loss a year ago
  • Operating margin expanded 729 bps YoY
  • 67% of pre-tax profit came from other income and one-off items
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales -1.2%-1.2% 247250250
Operating profit —+111.1% 19.09.01.0
OPM % +729 bps+409 bps 7.7%3.6%0.4%
Other income -20.0%-20.0% 4.05.05.0
Net profit from lossfrom loss 5.0-3.0-11.0
PAT margin % +642 bps+322 bps 2.0%-1.2%-4.4%
EPS (₹) from lossfrom loss 1.28-0.67-2.54

Quality of profit

Core 33%Other income & one-offs 67%

Pre-tax profit ₹6.0 Cr: core business ₹2.0 Cr, other income ₹4.0 Cr.

Core profit YoY: from loss

Cash & debt

FY25 cash from operations ₹76.0 Cr.

Borrowings ₹449 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹248₹247 -0.2% in line
M Cap
₹235 Cr
P/E
1574.0
PEG
—
  • Operating margin contracted 160 bps YoY
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales +10.6%+3.9% 13.513.012.2
Operating profit -16.9%-14.7% 0.70.80.8
OPM % -160 bps-106 bps 4.8%5.9%6.4%
Other income +7.0%-12.8% 0.20.30.2
Net profit loss widenedto loss -0.30.1-0.2
PAT margin % +4 bps-284 bps -1.9%0.9%-2.0%
EPS (₹) loss widenedto loss -0.130.06-0.12

Quality of profit

Pre-tax profit −₹0.4 Cr: core business −₹0.6 Cr, other income ₹0.2 Cr.

Core profit YoY: loss narrowed

Cash & debt

FY25 cash from operations ₹2.7 Cr: 370% of FY25 net profit of ₹0.7 Cr.

Borrowings ₹3.4 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹12.7₹13.5 +7.0% above

Reliance Communications Limited

RCOM · Telecom Services · Q3 FY26 · Consolidated
M Cap
₹235 Cr
P/E
—
PEG
—
  • Operating margin contracted 1516 bps YoY
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales -27.6%-27.6% 63.087.087.0
Operating profit loss widenedloss narrowed -32.0-54.0-31.0
OPM % -1516 bps+1128 bps -50.8%-62.1%-35.6%
Other income loss widenedloss widened -2,689-2,608-2,309
Net profit? loss widenedloss widened -2,767-2,701-2,068
EPS (₹) loss widenedloss widened -10.01-9.77-8.60

Quality of profit

Pre-tax profit −₹2,761 Cr: core business −₹72.0 Cr, other income −₹2,689 Cr.

Core profit YoY: loss widened

Cash & debt

FY25 cash from operations ₹26.0 Cr.

Borrowings ₹47,216 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹81.4₹63.0 -22.6% below

Sumit Woods Limited

SUMIT · Construction & Infrastructure · Q3 FY26 · Consolidated
M Cap
₹233 Cr
P/E
35.3
PEG
—
  • Profit -39% below its own trend
  • Operating margin expanded 1911 bps YoY
  • 50% of pre-tax profit came from other income and one-off items
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales -61.6%-10.7% 11.412.829.8
Operating profit -15.2%+148.1% 4.01.64.7
OPM % +1911 bps+2235 bps 34.9%12.6%15.8%
Other income -10.0%+44.1% 1.00.71.1
Net profit? -47.6%+438.6% 1.10.22.0
PAT margin % +247 bps+772 bps 9.2%1.5%6.8%
EPS (₹) -60.3%+316.7% 0.250.060.63

Quality of profit

Core 50%Other income & one-offs 50%

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

Core profit YoY: -62.0% · reported profit -47.6%

Cash & debt

FY25 cash from operations ₹23.3 Cr: 213% of FY25 net profit of ₹10.9 Cr.

Borrowings ₹63.9 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹17.9₹11.4 -36.0% below
Net profit₹1.7₹1.1 -39.5% below

Ravinder Heights Limited

RVHL · Construction & Infrastructure · Q3 FY26 · Consolidated
M Cap
₹233 Cr
P/E
4.9
PEG
0.05
  • Turnaround: profit against a loss a year ago
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales —-63.6% 20.055.00.1
Operating profit from loss-69.0% 16.252.4-2.3
OPM % —-1401 bps 81.2%95.2%—
Other income +33.3%+50.8% 2.01.31.5
Net profit? from loss-68.7% 12.539.9-1.1
PAT margin % —-1011 bps 62.4%72.5%—
EPS (₹) from loss-68.6% 2.046.50-0.19

Quality of profit

Core 89%Other income & one-offs 11%

Pre-tax profit ₹17.6 Cr: core business ₹15.7 Cr, other income ₹2.0 Cr.

Core profit YoY: from loss

Cash & debt

FY25 cash from operations −₹8.0 Cr.

Borrowings ₹1.0 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹0.1₹20.0 +999.0% above

Indo-National Limited

NIPPOBATRY · Electrical Equipment · Q3 FY26 · Consolidated
M Cap
₹233 Cr
P/E
—
PEG
—
  • Operating margin expanded 257 bps YoY
  • Operating cash flow was negative in FY25 despite a profit
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales -11.0%-10.3% 109121122
Operating profit loss narrowedto loss -7.04.0-11.0
OPM % +257 bps-975 bps -6.4%3.3%-9.0%
Other income +0.0%+0.0% 2.02.02.0
Net profit? loss narrowedto loss -7.91.1-12.0
PAT margin % +261 bps-813 bps -7.2%0.9%-9.8%
EPS (₹) loss narrowedto loss -10.461.85-16.09

Quality of profit

Pre-tax profit −₹8.5 Cr: core business −₹11.0 Cr, other income ₹2.0 Cr, exceptional & other items ₹0.5 Cr.

Core profit YoY: loss narrowed

Cash & debt

FY25 cash from operations −₹56.0 Cr: -46% of FY25 net profit of ₹122 Cr.

Borrowings ₹53.0 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹79.3₹109 +37.0% above

VMS TMT Limited

VMSTMT · Iron & Steel · Q3 FY26 · Standalone
M Cap
₹225 Cr
P/E
13.3
PEG
—
₹ CrQoQ Dec 2025Sep 2025
Sales +10.4% 202183
Operating profit +41.9% 17.212.1
OPM % +188 bps 8.5%6.6%
Other income +173.0% 0.40.1
Net profit +277.7% 8.02.1
PAT margin % +281 bps 4.0%1.2%
EPS (₹) +174.6% 1.620.59

Quality of profit

Core 96%Other income & one-offs 4%

Pre-tax profit ₹9.7 Cr: core business ₹9.3 Cr, other income ₹0.4 Cr.

UFO Moviez India Limited

UFO · Media & Entertainment · Q3 FY26 · Consolidated
M Cap
₹225 Cr
P/E
9.4
PEG
0.16
  • Operating margin contracted 641 bps YoY
  • 30% of pre-tax profit came from other income and one-off items
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales -5.3%+18.6% 131111139
Operating profit -32.9%-3.9% 20.521.330.5
OPM % -641 bps-363 bps 15.6%19.2%22.0%
Other income +17.7%+0.3% 2.92.92.5
Net profit? -58.2%-15.0% 6.47.515.3
PAT margin % -616 bps-192 bps 4.9%6.8%11.0%
EPS (₹) -58.3%-14.9% 1.651.943.96

Quality of profit

Core 70%Other income & one-offs 30%

Pre-tax profit ₹9.6 Cr: core business ₹6.7 Cr, other income ₹2.9 Cr.

Core profit YoY: -61.7% · reported profit -58.2%

Cash & debt

FY25 cash from operations ₹50.0 Cr: 523% of FY25 net profit of ₹9.6 Cr.

Borrowings ₹88.0 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹158₹131 -16.9% below

Revathi Equipment India Limited

RVTH · Engineering & Capital Goods · Q3 FY26 · Consolidated
M Cap
₹225 Cr
P/E
14.9
PEG
—
  • Into loss: a profit a year ago
  • Profit -999% below its own trend
  • Operating margin contracted 1040 bps YoY
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales -23.8%+41.2% 32.222.842.3
Operating profit -99.1%from loss 0.0-0.94.5
OPM % -1040 bps+424 bps 0.1%-4.1%10.5%
Other income from loss-26.4% 3.34.5-0.0
Net profit? to lossto loss -1.40.40.2
PAT margin % -482 bps-618 bps -4.3%1.8%0.5%
EPS (₹) to lossto loss -4.561.360.66

Quality of profit

Pre-tax profit −₹0.5 Cr: core business −₹3.8 Cr, other income ₹3.3 Cr.

Core profit YoY: to loss

Cash & debt

FY25 cash from operations ₹28.0 Cr: 136% of FY25 net profit of ₹20.5 Cr.

Borrowings ₹37.0 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹28.6₹32.2 +12.7% above
Net profit₹0.1−₹1.4 -999.0% below

Sakthi Sugars Limited

SAKHTISUG · Sugar · Q3 FY26 · Standalone
M Cap
₹224 Cr
P/E
8.3
PEG
0.27
  • Operating margin expanded 537 bps YoY
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales -9.6%-24.9% 126168140
Operating profit loss narrowedloss widened -10.7-0.3-19.3
OPM % +537 bps-825 bps -8.4%-0.2%-13.8%
Other income +26.8%-16.0% 1.21.40.9
Net profit loss widenedloss widened -34.2-23.1-23.0
PAT margin % -1058 bps-1337 bps -27.1%-13.7%-16.5%
EPS (₹) loss widenedloss widened -2.88-1.94-1.94

Quality of profit

Pre-tax profit −₹45.2 Cr: core business −₹46.4 Cr, other income ₹1.2 Cr.

Core profit YoY: loss narrowed

Cash & debt

FY25 cash from operations ₹41.0 Cr: 51% of FY25 net profit of ₹80.1 Cr.

Borrowings ₹784 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹140₹126 -9.7% below

Silgo Retail Limited

SILGO · Gems & Jewellery · Q3 FY26 · Consolidated
M Cap
₹223 Cr
P/E
39.2
PEG
—
  • Operating margin expanded 354 bps YoY
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales +8.7%-5.2% 11.011.610.2
Operating profit +37.8%-10.6% 1.82.11.3
OPM % +354 bps-100 bps 16.7%17.7%13.2%
Other income —-100.0% 0.00.00.0
Net profit? +25.5%-10.2% 1.31.41.0
PAT margin % +153 bps-64 bps 11.5%12.1%10.0%
EPS (₹) +42.9%+0.0% 0.600.600.42

Quality of profit

Pre-tax profit ₹1.7 Cr: core business ₹1.7 Cr, other income ₹0.0 Cr.

Core profit YoY: +29.6% · reported profit +25.5%

Cash & debt

FY25 cash from operations −₹0.6 Cr.

Borrowings nil at Mar 2025.

Vikas Lifecare Limited

VIKASLIFE · Trading & Distribution · Q3 FY26 · Consolidated
M Cap
₹221 Cr
P/E
—
PEG
—
  • Operating margin contracted 2839 bps YoY
  • Borrowings up 26% since Mar 2025
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales -17.8%-31.2% 97.0141118
Operating profit loss widenedloss narrowed -30.0-118-3.0
OPM % -2839 bps+5276 bps -30.9%-83.7%-2.5%
Other income from loss+0.0% 1.01.0-1.0
Net profit? loss widenedloss narrowed -29.0-119-7.0
PAT margin % -2396 bps+5450 bps -29.9%-84.4%-5.9%
EPS (₹) loss widenedloss narrowed -0.16-0.64-0.04

Quality of profit

Pre-tax profit −₹33.0 Cr: core business −₹34.0 Cr, other income ₹1.0 Cr.

Core profit YoY: loss widened

Cash & debt

FY25 cash from operations −₹222 Cr.

Borrowings ₹97.0 Cr at Sep 2025, against ₹77.0 Cr at Mar 2025 (+26%).

Against its own trend ?

TrendActualGap
Sales₹122₹97.0 -20.6% below

Shiva Texyarn Limited

SHIVATEX · Textiles · Q3 FY26 · Consolidated
M Cap
₹219 Cr
P/E
22.8
PEG
0.43
  • Profit -49% below its own trend
  • Operating margin expanded 242 bps YoY
  • Core business grew faster than reported profit (core profit +106%)
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales +1.5%-27.3% 76.410575.3
Operating profit +26.9%-30.8% 9.213.37.3
OPM % +242 bps-63 bps 12.1%12.7%9.7%
Other income +45.9%-67.3% 0.30.80.2
Net profit? -7.8%-72.0% 1.65.81.8
PAT margin % -22 bps-341 bps 2.1%5.5%2.3%
EPS (₹) -7.4%-71.9% 1.264.491.36

Quality of profit

Core 90%Other income & one-offs 10%

Pre-tax profit ₹2.6 Cr: core business ₹2.4 Cr, other income ₹0.3 Cr.

Core profit YoY: +106.0% · reported profit -7.8%

Cash & debt

FY25 cash from operations ₹13.0 Cr: 108% of FY25 net profit of ₹12.1 Cr.

Borrowings ₹106 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹88.8₹76.4 -13.9% below
Net profit₹3.2₹1.6 -49.1% below

Kothari Sugars And Chemicals Limited

KOTARISUG · Sugar · Q3 FY26 · Standalone
M Cap
₹218 Cr
P/E
33.1
PEG
—
  • Operating margin contracted 1271 bps YoY
  • All of pre-tax profit came from other income or one-off items
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales -15.3%+3.0% 70.168.082.8
Operating profit to lossloss widened -6.0-5.33.4
OPM % -1271 bps-85 bps -8.6%-7.8%4.1%
Other income +144.5%+243.9% 22.46.59.2
Net profit +121.5%from loss 12.0-7.25.4
PAT margin % +1054 bps+2769 bps 17.1%-10.6%6.5%
EPS (₹) +121.5%from loss 1.44-0.870.65

Quality of profit

Pre-tax profit ₹12.1 Cr: core business −₹10.2 Cr, other income ₹22.4 Cr.

Core profit YoY: loss widened · reported profit +121.5%

Cash & debt

FY25 cash from operations ₹52.0 Cr: 499% of FY25 net profit of ₹10.4 Cr.

Borrowings ₹50.0 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹53.6₹70.1 +30.8% above

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