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 13 Oct 2026, 15:50 IST 4316 declared
The next results season has started: 36 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 7 of 144

Indian Overseas Bank

IOB · Public Sector Banks · Q3 FY26 · Consolidated
M Cap
₹58,251 Cr
P/E
9.8
PEG
0.26
  • Profit +10% above its own trend
  • Gross NPA down 101 bps YoY
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Total income +14.9%+4.9% 9,6729,2168,415
Net interest income +18.1%+7.8% 3,2993,0612,792
Other income +15.4%+9.8% 1,4991,3651,299
Operating profit (pre-provision) +14.8%+8.4% 2,6032,4022,268
Provisions +20.1%+83.8% 1,2366721,029
Net profit? +63.1%+13.4% 1,4271,259875
EPS (₹) +54.3%+9.2% 0.710.650.46
Cost-to-income % +117 bps-1 bps 45.7%45.7%44.6%
Gross NPA % -101 bps-29 bps 1.5%1.8%2.5%
Net NPA % -18 bps-4 bps 0.2%0.3%0.4%

Where profit came from

Pre-provision profit ₹2,603 Cr (+14.8% YoY); provisions ₹1,236 Cr (+20.1% YoY).

Net profit +63.1% YoY.

Against its own trend ?

TrendActualGap
NII₹3,201₹3,299 +3.0% in line
Net profit₹1,297₹1,427 +10.1% above
📊 Investor presentation (20 Jul) Detailed financials →

Jindal Stainless Limited

JSL · Iron & Steel · Q3 FY26 · Consolidated
M Cap
₹58,245 Cr
P/E
18.0
PEG
1.20
  • Profit +11% above its own trend
  • Operating margin expanded 120 bps YoY
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales +6.2%-3.4% 10,51810,8939,907
Operating profit +16.6%+1.4% 1,4081,3881,208
OPM % +120 bps+65 bps 13.4%12.7%12.2%
Other income +3.1%+14.0% 10289.799.1
Net profit? +26.5%+2.5% 828808654
PAT margin % +127 bps+45 bps 7.9%7.4%6.6%
EPS (₹) +26.5%+2.7% 10.069.807.95

Quality of profit

Core 93%Other income & one-offs 7%

Pre-tax profit ₹1,082 Cr: core business ₹1,005 Cr, other income ₹102 Cr, exceptional & other items −₹24.8 Cr.

Core profit YoY: +24.8% · reported profit +26.5%

Cash & debt

FY25 cash from operations ₹4,718 Cr: 189% of FY25 net profit of ₹2,500 Cr.

Borrowings ₹6,402 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹10,739₹10,518 -2.1% in line
Net profit₹747₹828 +10.8% above
📊 Investor presentation (03 Aug) Detailed financials →

Schaeffler India Limited

SCHAEFFLER · Bearings & Abrasives · Q3 FY26 · Consolidated
M Cap
₹57,704 Cr
P/E
46.0
PEG
4.60
  • Profit +17% above its own trend
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales +27.5%+11.9% 2,7242,4352,136
Operating profit +30.7%+6.2% 484456370
OPM % +43 bps-96 bps 17.8%18.7%17.3%
Other income +24.4%+52.6% 43.328.434.8
Net profit? +35.9%+11.4% 322289237
PAT margin % +72 bps-5 bps 11.8%11.9%11.1%
EPS (₹) +35.5%+11.4% 20.6018.5015.20

Quality of profit

Core 90%Other income & one-offs 10%

Pre-tax profit ₹434 Cr: core business ₹390 Cr, other income ₹43.3 Cr.

Core profit YoY: +34.0% · reported profit +35.9%

Cash & debt

Borrowings ₹55.0 Cr at Dec 2025.

Against its own trend ?

TrendActualGap
Sales₹2,446₹2,724 +11.4% above
Net profit₹275₹322 +17.4% above
📊 Investor presentation (23 Jul) Detailed financials →

Fortis Healthcare Limited

FORTIS · Hospitals & Healthcare Services · Q3 FY26 · Consolidated
M Cap
₹57,169 Cr
P/E
53.7
PEG
1.99
  • Profit -52% below its own trend
  • Operating margin expanded 289 bps YoY
  • Core business grew faster than reported profit (core profit +29%)
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales +17.5%-2.8% 2,2652,3311,928
Operating profit +34.9%-9.0% 506556375
OPM % +289 bps-152 bps 22.3%23.9%19.5%
Other income to lossto loss -34.026.320.9
Net profit? -22.5%-40.1% 197329254
PAT margin % -449 bps-541 bps 8.7%14.1%13.2%
EPS (₹) -21.6%-39.7% 2.574.263.28

Quality of profit

Pre-tax profit ₹266 Cr: core business ₹300 Cr, other income −₹34.0 Cr.

Core profit YoY: +29.0% · reported profit -22.5%

Cash & debt

FY25 cash from operations ₹1,424 Cr: 176% of FY25 net profit of ₹809 Cr.

Borrowings ₹2,475 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹2,231₹2,265 +1.5% in line
Net profit₹412₹197 -52.1% below
📊 Investor presentation (06 Aug) Detailed financials →

National Aluminium Company Limited

NATIONALUM · Aluminium · Q3 FY26 · Consolidated
M Cap
₹57,083 Cr
P/E
8.5
PEG
0.14
  • Profit -47% below its own trend
  • Operating margin contracted 386 bps YoY
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales +1.5%+10.2% 4,7314,2924,662
Operating profit -6.4%+12.7% 2,1791,9332,328
OPM % -386 bps+103 bps 46.1%45.0%49.9%
Other income +95.8%+28.1% 19415199.1
Net profit? +1.8%+11.6% 1,5951,4301,566
PAT margin % +12 bps+40 bps 33.7%33.3%33.6%
EPS (₹) +1.9%+11.6% 8.697.798.53

Quality of profit

Core 91%Other income & one-offs 9%

Pre-tax profit ₹2,126 Cr: core business ₹1,938 Cr, other income ₹194 Cr, exceptional & other items −₹5.9 Cr.

Core profit YoY: -4.2% · reported profit +1.8%

Cash & debt

FY25 cash from operations ₹5,806 Cr: 110% of FY25 net profit of ₹5,268 Cr.

Borrowings ₹182 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹6,353₹4,731 -25.5% below
Net profit₹3,021₹1,595 -47.2% below
📊 Investor presentation (14 Sep) Detailed financials →

Biocon Limited

BIOCON · Pharmaceuticals · Q3 FY26 · Consolidated
M Cap
₹56,396 Cr
P/E
135.3
PEG
—
  • Into loss: a profit a year ago
  • Profit -159% below its own trend
  • Exceptional items of ₹-293 Cr in the quarter
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales +9.2%-2.9% 4,1734,2963,821
Operating profit +10.9%-0.2% 834835752
OPM % +30 bps+53 bps 20.0%19.4%19.7%
Other income +237.1%+26.1% 11793.034.8
Net profit? to lossto loss -51.813381.1
PAT margin % -336 bps-433 bps -1.2%3.1%2.1%
EPS (₹) +414.3%+63.6% 1.080.660.21

Quality of profit

Pre-tax profit −₹67.8 Cr: core business ₹108 Cr, other income ₹117 Cr, exceptional & other items −₹293 Cr.

Core profit YoY: +5.1%

Cash & debt

FY25 cash from operations ₹4,061 Cr: 284% of FY25 net profit of ₹1,429 Cr.

Borrowings ₹18,362 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹4,349₹4,173 -4.0% in line
Net profit₹87.9−₹51.8 -158.9% below
📊 Investor presentation (06 Aug) Detailed financials →

General Insurance Corporation of India

GICRE · NBFC & Finance Companies · Q3 FY26 · Consolidated
M Cap
₹55,474 Cr
P/E
6.2
PEG
0.52
  • Profit -24% below its own trend
  • Operating margin expanded 148 bps YoY
  • FY25 operating cash flow was only 27% of profit
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales +13.0%-1.3% 12,58912,75511,144
Operating profit +22.7%-14.3% 2,3662,7621,929
OPM % +148 bps-286 bps 18.8%21.7%17.3%
Other income -47.1%-75.6% 135553255
Net profit? +2.9%-39.9% 1,7262,8741,677
PAT margin % -134 bps-882 bps 13.7%22.5%15.0%
EPS (₹) +2.9%-39.9% 9.8416.389.56

Quality of profit

Core 95%Other income & one-offs 5%

Pre-tax profit ₹2,501 Cr: core business ₹2,366 Cr, other income ₹135 Cr.

Core profit YoY: +22.7% · reported profit +2.9%

Cash & debt

FY25 cash from operations ₹1,976 Cr: 27% of FY25 net profit of ₹7,433 Cr.

Borrowings nil at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹12,065₹12,589 +4.3% in line
Net profit₹2,276₹1,726 -24.2% below
📊 Investor presentation (15 Aug) Detailed financials →

Berger Paints (I) Limited

BERGEPAINT · Paints · Q3 FY26 · Consolidated
M Cap
₹54,825 Cr
P/E
45.0
PEG
4.09
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales +0.3%+5.5% 2,9842,8282,975
Operating profit -0.2%+33.7% 471352472
OPM % -7 bps+332 bps 15.8%12.5%15.9%
Other income to lossto loss -5.037.027.0
Net profit? -8.3%+31.4% 271206296
PAT margin % -86 bps+179 bps 9.1%7.3%9.9%
EPS (₹) -7.9%+31.6% 2.331.772.53

Quality of profit

Pre-tax profit ₹352 Cr: core business ₹357 Cr, other income −₹5.0 Cr.

Core profit YoY: -2.7% · reported profit -8.3%

Cash & debt

FY25 cash from operations ₹1,269 Cr: 107% of FY25 net profit of ₹1,183 Cr.

Borrowings ₹670 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹3,076₹2,984 -3.0% in line
Net profit₹278₹271 -2.3% in line
📊 Investor presentation (05 Aug) Detailed financials →

Abbott India Limited

ABBOTINDIA · Pharmaceuticals · Q3 FY26 · Standalone
M Cap
₹54,802 Cr
P/E
33.9
PEG
1.88
  • Profit -10% below its own trend
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales +6.8%-1.9% 1,7241,7571,614
Operating profit +6.3%-7.7% 463502436
OPM % -13 bps-170 bps 26.9%28.6%27.0%
Other income -3.1%-0.3% 69.870.072.0
Net profit +4.1%-9.5% 376415361
PAT margin % -56 bps-183 bps 21.8%23.6%22.4%
EPS (₹) +4.2%-9.5% 176.92195.42169.78

Quality of profit

Core 86%Other income & one-offs 14%

Pre-tax profit ₹509 Cr: core business ₹439 Cr, other income ₹69.8 Cr.

Core profit YoY: +5.6% · reported profit +4.1%

Cash & debt

FY25 cash from operations ₹1,012 Cr: 72% of FY25 net profit of ₹1,415 Cr.

Borrowings ₹197 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹1,800₹1,724 -4.2% in line
Net profit₹418₹376 -10.1% below
Detailed financials →

Suzlon Energy Limited

SUZLON · Electrical Equipment · Q3 FY26 · Consolidated
M Cap
₹54,392 Cr
P/E
17.3
PEG
0.10
  • Profit -43% below its own trend
  • Core business grew faster than reported profit (core profit +52%)
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales +42.7%+9.4% 4,2363,8712,969
Operating profit +49.6%+2.4% 738721493
OPM % +81 bps-119 bps 17.4%18.6%16.6%
Other income -32.9%-16.6% 22.527.033.5
Net profit? +14.8%-65.2% 4451,279388
PAT margin % -255 bps-2253 bps 10.5%33.0%13.1%
EPS (₹) +14.3%-66.0% 0.320.940.28

Quality of profit

Core 96%Other income & one-offs 4%

Pre-tax profit ₹567 Cr: core business ₹544 Cr, other income ₹22.5 Cr.

Core profit YoY: +52.1% · reported profit +14.8%

Cash & debt

FY25 cash from operations ₹1,092 Cr: 53% of FY25 net profit of ₹2,071 Cr.

Borrowings ₹323 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹5,303₹4,236 -20.1% below
Net profit₹776₹445 -42.6% below
📊 Investor presentation (12 Jun) Detailed financials →

SBI Cards and Payment Services Limited

SBICARD · NBFC & Finance Companies · Q3 FY26 · Standalone
M Cap
₹53,168 Cr
P/E
24.5
PEG
—
  • Profit +67% above its own trend
  • Profit growth came mainly from lower provisions (pre-provision profit +8%)
  • Gross NPA down 38 bps YoY
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Total income +12.3%+4.2% 5,3535,1364,767
Net interest income +11.5%+1.2% 1,7511,7301,570
Other income +19.0%+6.4% 2,8172,6472,367
Operating profit (pre-provision) +7.7%+4.2% 1,9711,8921,831
Provisions -6.9%-5.5% 1,2221,2931,313
Net profit +45.2%+25.2% 557445383
EPS (₹) +45.2%+25.3% 5.854.674.03
Cost-to-income % +334 bps+9 bps 56.8%56.8%53.5%
Gross NPA % -38 bps+1 bps 2.9%2.9%3.2%
Net NPA % +10 bps-1 bps 1.3%1.3%1.2%

Where profit came from

Pre-provision profit ₹1,971 Cr (+7.7% YoY); provisions ₹1,222 Cr (-6.9% YoY).

Net profit +45.2% YoY.

Against its own trend ?

TrendActualGap
NII₹1,793₹1,751 -2.3% in line
Net profit₹334₹557 +66.8% above
📊 Investor presentation (24 Jul) Detailed financials →

Sterlite Technologies Limited

STLTECH · Cables & Wires · Q3 FY26 · Consolidated
M Cap
₹52,133 Cr
P/E
214.5
PEG
—
  • Exceptional items of ₹15.0 Cr in the quarter
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales -0.3%+21.6% 1,2571,0341,261
Operating profit -6.2%-7.0% 120129128
OPM % -60 bps-293 bps 9.5%12.5%10.2%
Other income +80.0%-25.0% 9.012.05.0
Net profit? loss narrowedto loss -17.04.0-24.0
PAT margin % +55 bps-174 bps -1.4%0.4%-1.9%
EPS (₹) loss narrowedto loss -0.350.08-0.48

Quality of profit

Pre-tax profit −₹21.0 Cr: core business −₹15.0 Cr, other income ₹9.0 Cr, exceptional & other items −₹15.0 Cr.

Core profit YoY: loss narrowed

Cash & debt

FY25 cash from operations ₹348 Cr.

Borrowings ₹1,926 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹1,110₹1,257 +13.3% above
📊 Investor presentation (19 May) Detailed financials →

MRF Limited

MRF · Tyres & Rubber · Q3 FY26 · Consolidated
M Cap
₹51,916 Cr
P/E
21.5
PEG
0.41
  • Profit +120% above its own trend
  • Operating margin expanded 546 bps YoY
  • Exceptional items of ₹77.2 Cr in the quarter
  • Core business grew faster than reported profit (core profit +167%)
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales +15.0%+9.1% 8,0507,3797,001
Operating profit +67.6%+24.3% 1,3991,126835
OPM % +546 bps+212 bps 17.4%15.3%11.9%
Other income +27.0%+15.2% 12510898.1
Net profit? +119.3%+31.6% 692526315
PAT margin % +409 bps+147 bps 8.6%7.1%4.5%
EPS (₹) +119.3%+31.6% 1631.231239.38743.80

Quality of profit

Core 95%Other income & one-offs 5%

Pre-tax profit ₹917 Cr: core business ₹870 Cr, other income ₹125 Cr, exceptional & other items −₹77.2 Cr.

Core profit YoY: +166.8% · reported profit +119.3%

Cash & debt

FY25 cash from operations ₹1,868 Cr: 100% of FY25 net profit of ₹1,869 Cr.

Borrowings ₹3,771 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹7,654₹8,050 +5.2% above
Net profit₹314₹692 +120.1% above
Detailed financials →

Linde India Limited

LINDEINDIA · Chemicals · Q3 FY26 · Consolidated
M Cap
₹51,064 Cr
P/E
93.5
PEG
93.54
  • Profit +59% above its own trend
  • Operating margin expanded 496 bps YoY
  • Profit grew faster than the core business (core profit +40%)
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales +15.7%+8.8% 701644606
Operating profit +33.8%-9.0% 257282192
OPM % +496 bps-719 bps 36.6%43.8%31.7%
Other income -79.8%-19.5% 4.45.522.0
Net profit? +66.7%+13.1% 193171116
PAT margin % +844 bps+103 bps 27.6%26.5%19.1%
EPS (₹) +66.2%+13.1% 22.6720.0513.64

Quality of profit

Core 78%Other income & one-offs 22%

Pre-tax profit ₹245 Cr: core business ₹190 Cr, other income ₹4.4 Cr, exceptional & other items ₹50.8 Cr.

Core profit YoY: +40.5% · reported profit +66.7%

Cash & debt

FY25 cash from operations ₹584 Cr: 129% of FY25 net profit of ₹454 Cr.

Borrowings ₹42.0 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹550₹701 +27.5% above
Net profit₹122₹193 +58.9% above
Detailed financials →

Aegis Logistics Limited

AEGISLOG · Trading & Distribution · Q3 FY26 · Consolidated
M Cap
₹50,895 Cr
P/E
34.5
PEG
1.38
  • Profit +19% above its own trend
  • Operating margin expanded 357 bps YoY
  • 27% of pre-tax profit came from other income and one-off items
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales +1.1%-24.8% 1,7252,2941,707
Operating profit +27.5%+2.1% 297291233
OPM % +357 bps+453 bps 17.2%12.7%13.6%
Other income +35.0%-15.6% 81.096.060.0
Net profit? +45.6%-4.5% 233244160
PAT margin % +413 bps+287 bps 13.5%10.6%9.4%
EPS (₹) +42.4%-1.6% 5.045.123.54

Quality of profit

Core 73%Other income & one-offs 27%

Pre-tax profit ₹299 Cr: core business ₹218 Cr, other income ₹81.0 Cr.

Core profit YoY: +50.3% · reported profit +45.6%

Cash & debt

FY25 cash from operations ₹558 Cr: 71% of FY25 net profit of ₹788 Cr.

Borrowings ₹4,606 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹1,709₹1,725 +1.0% in line
Net profit₹196₹233 +18.9% above
📊 Investor presentation (06 Aug) Detailed financials →

Gland Pharma Limited

GLAND · Pharmaceuticals · Q3 FY26 · Consolidated
M Cap
₹50,783 Cr
P/E
49.4
PEG
6.18
  • Profit +25% above its own trend
  • Exceptional items of ₹24.3 Cr in the quarter
  • FY25 operating cash flow was only 46% of profit
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales +22.5%+14.0% 1,6951,4871,384
Operating profit +20.8%+38.5% 435314360
OPM % -36 bps+454 bps 25.7%21.1%26.0%
Other income +8.0%-24.9% 63.284.258.5
Net profit? +27.7%+42.4% 261184205
PAT margin % +63 bps+307 bps 15.4%12.4%14.8%
EPS (₹) +27.8%+42.3% 15.8711.1512.42

Quality of profit

Core 89%Other income & one-offs 11%

Pre-tax profit ₹362 Cr: core business ₹323 Cr, other income ₹63.2 Cr, exceptional & other items −₹24.3 Cr.

Core profit YoY: +34.3% · reported profit +27.7%

Cash & debt

FY25 cash from operations ₹915 Cr: 46% of FY25 net profit of ₹1,992 Cr.

Borrowings ₹314 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹1,261₹1,695 +34.4% above
Net profit₹208₹261 +25.5% above
📊 Investor presentation (10 Aug) Detailed financials →

Gujarat Fluorochemicals Limited

FLUOROCHEM · Chemicals · Q3 FY26 · Consolidated
M Cap
₹50,579 Cr
P/E
83.1
PEG
—
  • Profit -51% below its own trend
  • Operating margin contracted 140 bps YoY
  • Exceptional items of ₹-17.0 Cr in the quarter
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales -1.0%-6.1% 1,1361,2101,148
Operating profit -6.5%-24.5% 275364294
OPM % -140 bps-587 bps 24.2%30.1%25.6%
Other income to lossto loss -10.06.014.0
Net profit? -19.0%-43.0% 102179126
PAT margin % -200 bps-581 bps 9.0%14.8%11.0%
EPS (₹) -19.0%-43.0% 9.2916.2911.47

Quality of profit

Pre-tax profit ₹143 Cr: core business ₹153 Cr, other income −₹10.0 Cr.

Core profit YoY: -5.0% · reported profit -19.0%

Cash & debt

FY25 cash from operations ₹545 Cr: 100% of FY25 net profit of ₹546 Cr.

Borrowings ₹2,080 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹1,246₹1,136 -8.8% below
Net profit₹207₹102 -50.6% below
📊 Investor presentation (12 Aug) Detailed financials →

Sona BLW Precision Forgings Limited

SONACOMS · Auto Components · Q3 FY26 · Consolidated
M Cap
₹49,805 Cr
P/E
79.2
PEG
3.96
  • Profit -11% below its own trend
  • Operating margin contracted 231 bps YoY
  • Exceptional items of ₹39.9 Cr in the quarter
  • Core business grew faster than reported profit (core profit +33%)
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales +38.3%+5.4% 1,2001,138868
Operating profit +26.4%+4.2% 296284234
OPM % -231 bps-29 bps 24.7%25.0%27.0%
Other income to lossto loss -14.021.046.9
Net profit? -0.5%-11.8% 150170151
PAT margin % -487 bps-244 bps 12.5%14.9%17.4%
EPS (₹) +0.0%-12.6% 2.432.782.43

Quality of profit

Pre-tax profit ₹201 Cr: core business ₹216 Cr, other income −₹14.0 Cr, exceptional & other items −₹1.0 Cr.

Core profit YoY: +33.5% · reported profit -0.5%

Cash & debt

FY25 cash from operations ₹775 Cr: 129% of FY25 net profit of ₹600 Cr.

Borrowings ₹202 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹906₹1,200 +32.4% above
Net profit₹168₹150 -10.7% below
📊 Investor presentation (17 Sep) Detailed financials →

Coromandel International Limited

COROMANDEL · Fertilizers · Q3 FY26 · Consolidated
M Cap
₹49,777 Cr
P/E
26.2
PEG
—
  • Profit -50% below its own trend
  • Operating margin contracted 130 bps YoY
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales +26.6%-9.1% 8,7799,6546,935
Operating profit +10.8%-30.3% 8001,147722
OPM % -130 bps-277 bps 9.1%11.9%10.4%
Other income -26.8%-28.6% 83.2116114
Net profit? -3.8%-38.4% 488793508
PAT margin % -176 bps-265 bps 5.6%8.2%7.3%
EPS (₹) -1.3%-37.2% 17.1727.3417.39

Quality of profit

Core 87%Other income & one-offs 13%

Pre-tax profit ₹653 Cr: core business ₹570 Cr, other income ₹83.2 Cr.

Core profit YoY: -1.4% · reported profit -3.8%

Cash & debt

FY25 cash from operations ₹2,464 Cr: 120% of FY25 net profit of ₹2,054 Cr.

Borrowings ₹780 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹8,924₹8,779 -1.6% in line
Net profit₹978₹488 -50.0% below
📊 Investor presentation (24 Jul) Detailed financials →

Anthem Biosciences Limited

ANTHEM · Biotechnology · Q3 FY26 · Consolidated
M Cap
₹49,630 Cr
P/E
86.1
PEG
—
  • Exceptional items of ₹25.4 Cr in the quarter
₹ CrQoQ Dec 2025Sep 2025
Sales -23.1% 423550
Operating profit -27.9% 157218
OPM % -247 bps 37.1%39.6%
Other income -30.5% 33.548.2
Net profit? -46.5% 92.8173
PAT margin % -960 bps 21.9%31.5%
EPS (₹) -46.6% 1.653.09

Quality of profit

Core 94%Other income & one-offs 6%

Pre-tax profit ₹130 Cr: core business ₹122 Cr, other income ₹33.5 Cr, exceptional & other items −₹25.4 Cr.

📊 Investor presentation (21 Jul) Detailed financials →

Aditya Infotech Limited

CPPLUS · Engineering & Capital Goods · Q3 FY26 · Consolidated
M Cap
₹48,907 Cr
P/E
102.5
PEG
—
₹ CrQoQ Dec 2025Sep 2025
Sales +23.8% 1,139920
Operating profit +28.4% 140109
OPM % +44 bps 12.3%11.8%
Other income +56.3% 4.73.0
Net profit? +37.1% 96.070.0
PAT margin % +82 bps 8.4%7.6%
EPS (₹) +37.0% 8.185.97

Quality of profit

Core 96%Other income & one-offs 4%

Pre-tax profit ₹127 Cr: core business ₹123 Cr, other income ₹4.7 Cr.

📊 Investor presentation (12 Aug) Detailed financials →

Cupid Limited

CUPID · Personal Care & FMCG · Q3 FY26 · Consolidated
M Cap
₹48,650 Cr
P/E
355.2
PEG
—
  • Profit +92% above its own trend
  • Operating margin expanded 1222 bps YoY
  • 25% of pre-tax profit came from other income and one-off items
  • Core business grew faster than reported profit (core profit +236%)
  • Operating cash flow was negative in FY25 despite a profit
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales +101.7%+11.3% 93.584.046.4
Operating profit +202.4%+22.5% 34.328.011.3
OPM % +1222 bps+335 bps 36.7%33.3%24.5%
Other income +147.0%+81.4% 10.96.04.4
Net profit? +197.4%+36.8% 32.824.011.0
PAT margin % +1130 bps+655 bps 35.1%28.6%23.8%
EPS (₹) +196.8%+35.6% 1.220.900.41

Quality of profit

Core 75%Other income & one-offs 25%

Pre-tax profit ₹43.3 Cr: core business ₹32.4 Cr, other income ₹10.9 Cr.

Core profit YoY: +235.8% · reported profit +197.4%

Cash & debt

FY25 cash from operations −₹11.0 Cr: -27% of FY25 net profit of ₹40.6 Cr.

Borrowings ₹19.0 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹62.4₹93.5 +49.8% above
Net profit₹17.1₹32.8 +91.7% above
Detailed financials →

PB Fintech Limited

POLICYBZR · IT Services & Software · Q3 FY26 · Standalone
M Cap
₹48,382 Cr
P/E
—
PEG
—
  • Profit +60% above its own trend
₹ CrYoY Dec 2025Dec 2024
Total income +0.0% 104104
Operating profit (pre-provision) +0.0% 18.118.1
Net profit +0.0% 14.014.0
EPS (₹) +9.7% 0.340.31

Where profit came from

Pre-provision profit ₹18.1 Cr (+0.0% YoY).

Net profit +0.0% YoY.

Against its own trend ?

TrendActualGap
Total income₹115₹104 -9.2% below
Net profit₹8.7₹14.0 +60.3% above
📊 Investor presentation (11 May) Detailed financials →

IPCA Laboratories Limited

IPCALAB · Pharmaceuticals · Q3 FY26 · Consolidated
M Cap
₹48,201 Cr
P/E
35.0
PEG
0.92
  • Operating margin expanded 166 bps YoY
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales +6.5%-6.4% 2,3922,5562,245
Operating profit +15.1%-2.2% 533545463
OPM % +166 bps+97 bps 22.3%21.3%20.6%
Other income +89.0%+36.4% 38.027.920.1
Net profit? +31.7%+28.4% 364284276
PAT margin % +291 bps+413 bps 15.2%11.1%12.3%
EPS (₹) +31.5%+15.4% 12.8611.149.78

Quality of profit

Core 91%Other income & one-offs 9%

Pre-tax profit ₹446 Cr: core business ₹407 Cr, other income ₹38.0 Cr, exceptional & other items ₹1.0 Cr.

Core profit YoY: +17.0% · reported profit +31.7%

Cash & debt

FY25 cash from operations ₹1,321 Cr: 172% of FY25 net profit of ₹766 Cr.

Borrowings ₹1,363 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹2,467₹2,392 -3.0% in line
Net profit₹338₹364 +7.7% in line
Detailed financials →

HDB Financial Services Limited

HDBFS · NBFC & Finance Companies · Q3 FY26 · Standalone
M Cap
₹48,195 Cr
P/E
17.5
PEG
—
₹ CrQoQ Dec 2025Sep 2025
Total income +2.8% 4,6744,545
Net interest income +4.2% 2,2852,192
Other income +3.9% 684659
Operating profit (pre-provision) +2.7% 1,5721,530
Provisions -4.8% 712748
Net profit +10.7% 644581
EPS (₹) +10.7% 7.767.01
Cost-to-income % +72 bps 47.0%46.3%

Where profit came from

Pre-provision profit ₹1,572 Cr; provisions ₹712 Cr.

📊 Investor presentation (15 Jul) Detailed financials →

Colgate Palmolive (India) Limited

COLPAL · Personal Care & FMCG · Q3 FY26 · Standalone
M Cap
₹48,060 Cr
P/E
35.7
PEG
4.46
  • Profit +11% above its own trend
  • Operating margin contracted 134 bps YoY
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales +1.7%-2.2% 1,4861,5201,462
Operating profit -2.7%-4.9% 442465454
OPM % -134 bps-85 bps 29.7%30.6%31.1%
Other income +52.0%+106.7% 31.015.020.4
Net profit +0.4%-1.2% 324328323
PAT margin % -28 bps+22 bps 21.8%21.6%22.1%
EPS (₹) +0.3%-1.1% 11.9112.0411.87

Quality of profit

Core 93%Other income & one-offs 7%

Pre-tax profit ₹436 Cr: core business ₹405 Cr, other income ₹31.0 Cr.

Core profit YoY: -1.7% · reported profit +0.4%

Cash & debt

FY25 cash from operations ₹1,394 Cr: 97% of FY25 net profit of ₹1,437 Cr.

Borrowings ₹61.0 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹1,418₹1,486 +4.8% in line
Net profit₹293₹324 +10.5% above
📊 Investor presentation (17 Aug) Detailed financials →

Tata Communications Limited

TATACOMM · Telecom Services · Q3 FY26 · Consolidated
M Cap
₹47,401 Cr
P/E
50.6
PEG
—
  • Profit -23% below its own trend
  • 40% of pre-tax profit came from other income and one-off items
  • Exceptional items of ₹-76.8 Cr in the quarter
  • Profit grew faster than the core business (core profit -23%)
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales +6.7%+1.5% 6,1896,1005,798
Operating profit +4.0%+4.6% 1,2281,1741,181
OPM % -52 bps+60 bps 19.8%19.2%20.4%
Other income +802.5%from loss 259-17.228.7
Net profit? +54.3%+98.8% 364183236
PAT margin % +181 bps+288 bps 5.9%3.0%4.1%
EPS (₹) +54.8%+99.7% 12.826.428.28

Quality of profit

Core 60%Other income & one-offs 40%

Pre-tax profit ₹458 Cr: core business ₹275 Cr, other income ₹259 Cr, exceptional & other items −₹76.8 Cr.

Core profit YoY: -22.8% · reported profit +54.3%

Cash & debt

FY25 cash from operations ₹2,911 Cr: 158% of FY25 net profit of ₹1,837 Cr.

Borrowings ₹12,357 Cr at Mar 2025.

Against its own trend ?

TrendActualGap
Sales₹6,117₹6,189 +1.2% in line
Net profit₹472₹364 -22.9% below
📊 Investor presentation (22 Jul) Detailed financials →

Fertilizers and Chemicals Travancore Limited

FACT · Fertilizers · Q3 FY26 · Consolidated
M Cap
₹47,314 Cr
P/E
—
PEG
—
  • Into loss: a profit a year ago
  • Profit -893% below its own trend
  • Operating margin contracted 606 bps YoY
  • Borrowings up 113% since Mar 2025
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Sales +65.2%-3.7% 1,5681,629949
Operating profit to lossto loss -43.039.031.5
OPM % -606 bps-514 bps -2.7%2.4%3.3%
Other income -31.6%-23.5% 39.051.057.0
Net profit? to lossto loss -68.021.08.0
PAT margin % -518 bps-563 bps -4.3%1.3%0.8%
EPS (₹) to lossto loss -1.050.320.12

Quality of profit

Pre-tax profit −₹74.0 Cr: core business −₹114 Cr, other income ₹39.0 Cr, exceptional & other items ₹1.0 Cr.

Core profit YoY: loss widened

Cash & debt

FY25 cash from operations ₹140 Cr: 337% of FY25 net profit of ₹41.5 Cr.

Borrowings ₹3,837 Cr at Sep 2025, against ₹1,805 Cr at Mar 2025 (+113%).

Against its own trend ?

TrendActualGap
Sales₹1,005₹1,568 +56.1% above
Net profit₹8.6−₹68.0 -892.5% below
Detailed financials →

Piramal Finance Limited

PIRAMALFIN · Housing Finance · Q3 FY26 · Consolidated
M Cap
₹47,076 Cr
P/E
—
PEG
—
₹ Cr Dec 2025
Total income 2,975
Net interest income 1,084
Other income 245
Operating profit (pre-provision) 308
Provisions 18.9
Net profit? 401
EPS (₹) 17.69
Cost-to-income % 76.8%

First results we hold for this company (a recent listing or a first filing), so there is no earlier quarter to compare with.

Where profit came from

Pre-provision profit ₹308 Cr; provisions ₹18.9 Cr.

📊 Investor presentation (13 Oct) Detailed financials →

Authum Investment & Infrastructure Limited

AIIL · NBFC & Finance Companies · Q3 FY26 · Consolidated
M Cap
₹46,865 Cr
P/E
22.4
PEG
0.10
  • Profit -67% below its own trend
₹ CrYoYQoQ Dec 2025Sep 2025Dec 2024
Total income -22.8%-21.5% 478609620
Net interest income -32.7%-27.3% 409562607
Other income -100.0%-100.0% 0.03.92.6
Net profit? -70.2%-79.0% 161767539
EPS (₹) -70.1%-79.0% 1.90adj. 9.04adj. 6.35

EPS restated for the 4:1 bonus of Jan 2026: Sep 2025 ₹45.18 to ₹9.04; Dec 2024 ₹31.76 to ₹6.35.

Against its own trend ?

TrendActualGap
NII₹542₹409 -24.6% below
Net profit₹487₹161 -67.0% below
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