Flash Finance

Q4 FY26 quarterly results (January-March 2026)

5,115 companies have declared Q4 FY26 results so far, the latest on 12 Oct 2026.

Across the 4,645 non-financial companies with a year-ago quarter to compare, sales grew +12.4% and net profit +34.1% year on year, and the combined operating margin widened 10 bps to 14.3%.

For the 120 banks and lenders, net interest income grew +9.1% and net profit +11.1%.

55% of companies grew net profit; 472 turned a loss into a profit; 38% beat their own profit trend and 48% fell short of it.

Updated 13 Oct 2026, 19:16 IST 5115 declared
The next results season has started: 42 companies have filed results for the quarter ended 30 Sep 2026. See them →

Q4 FY26 scoreboard

Sales growth
+12.4%
YoY, 4645 companies combined; median +11.7%
Net profit growth
+34.1%
YoY combined; median +16.1%
Operating margin
14.3%
+10 bps YoY
Grew profit
55%
472 turnarounds, 495 into loss
Vs own profit trend
38% / 48%
above / below, 14% in line
Banks: NII growth
+9.1%
120 lenders; profit +11.1%
Price since results
-3.9%
median; 31% of 35 stocks up
Other-income heavy
1375
25%+ of pre-tax profit from other income & one-offs

Latest Q4 FY26 results 5115

Page 13 of 171

Rubicon Research Limited

RUBICON · Pharmaceuticals · Q4 FY26 · Consolidated
M Cap
₹25,150 Cr
P/E
87.2
PEG
—
  • Operating margin expanded 304 bps YoY
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +43.6%+8.1% 514476358
Operating profit +65.3%+10.1% 11910872.0
OPM % +304 bps+41 bps 23.2%22.7%20.1%
Other income —-20.8% 3.03.80.0
Net profit? +113.9%+5.8% 77.072.836.0
PAT margin % +492 bps-33 bps 15.0%15.3%10.1%
EPS (₹) +97.9%+4.3% 4.654.462.35

Quality of profit

Core 98%Other income & one-offs 2%

Pre-tax profit ₹99.0 Cr: core business ₹97.0 Cr, other income ₹3.0 Cr, exceptional & other items −₹1.0 Cr.

Core profit YoY: +94.0% · reported profit +113.9%

📊 Investor presentation (14 Aug) Detailed financials →

Sun TV Network Limited

SUNTV · Media & Entertainment · Q4 FY26 · Consolidated
M Cap
₹25,066 Cr
P/E
16.4
PEG
—
  • Profit -30% below its own trend
  • Operating margin contracted 133 bps YoY
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales -6.1%+2.4% 883862941
Operating profit -8.9%-6.8% 391420429
OPM % -133 bps-439 bps 44.3%48.7%45.6%
Other income -85.3%-75.9% 33.0137225
Net profit? -37.6%-28.5% 232324372
PAT margin % -1325 bps-1134 bps 26.3%37.6%39.5%
EPS (₹) -37.5%-28.4% 5.898.239.43

Quality of profit

Core 90%Other income & one-offs 10%

Pre-tax profit ₹323 Cr: core business ₹290 Cr, other income ₹33.0 Cr.

Core profit YoY: -6.1% · reported profit -37.6%

Cash & debt

FY26 cash from operations ₹1,802 Cr: 125% of FY26 net profit of ₹1,440 Cr.

Borrowings ₹106 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹952₹883 -7.2% below
Net profit₹333₹232 -30.3% below
Detailed financials →

Nexus Select Trust

NXST · Construction & Infrastructure · Q4 FY26 · Consolidated
M Cap
₹24,969 Cr
P/E
61.8
PEG
0.15
  • Profit -90% below its own trend
  • Operating margin contracted 295 bps YoY
  • Core business grew faster than reported profit (core profit +13%)
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +12.3%-2.9% 652671580
Operating profit +7.5%-5.1% 428451398
OPM % -295 bps-153 bps 65.6%67.2%68.6%
Other income -29.9%+1.5% 23.022.732.8
Net profit? -89.5%-91.4% 12.0139114
PAT margin % -1785 bps-1893 bps 1.8%20.8%19.7%
EPS (₹) -89.3%-91.3% 0.080.920.75

Quality of profit

Core 88%Other income & one-offs 12%

Pre-tax profit ₹187 Cr: core business ₹164 Cr, other income ₹23.0 Cr.

Core profit YoY: +12.5% · reported profit -89.5%

Cash & debt

FY26 cash from operations ₹1,662 Cr: 412% of FY26 net profit of ₹404 Cr.

Borrowings ₹6,203 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹649₹652 +0.4% in line
Net profit₹116₹12.0 -89.6% below
Detailed financials →

TD Power Systems Limited

TDPOWERSYS · Electrical Equipment · Q4 FY26 · Consolidated
M Cap
₹24,929 Cr
P/E
90.8
PEG
2.52
  • Operating margin contracted 216 bps YoY
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +69.2%+33.1% 589443348
Operating profit +49.7%+21.9% 98.080.465.5
OPM % -216 bps-153 bps 16.6%18.2%18.8%
Other income -25.5%+92.7% 8.04.210.7
Net profit? +35.8%+27.8% 72.056.353.0
PAT margin % -300 bps-50 bps 12.2%12.7%15.2%
EPS (₹) +35.9%+28.0% 4.623.613.40

Quality of profit

Core 92%Other income & one-offs 8%

Pre-tax profit ₹99.0 Cr: core business ₹91.0 Cr, other income ₹8.0 Cr.

Core profit YoY: +52.7% · reported profit +35.8%

Cash & debt

FY26 cash from operations ₹129 Cr: 54% of FY26 net profit of ₹238 Cr.

Borrowings ₹18.0 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹466₹589 +26.4% above
Net profit₹76.7₹72.0 -6.1% in line
📊 Investor presentation (11 Aug) Detailed financials →

Garden Reach Shipbuilders & Engineers Limited

GRSE · Miscellaneous · Q4 FY26 · Standalone
M Cap
₹24,520 Cr
P/E
30.6
PEG
0.61
  • Profit -25% below its own trend
  • Operating margin expanded 329 bps YoY
  • Core business grew faster than reported profit (core profit +61%)
  • Operating cash flow was negative in FY26 despite a profit
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +29.0%+11.8% 2,1191,8961,642
Operating profit +60.6%+106.4% 355172221
OPM % +329 bps+768 bps 16.8%9.1%13.5%
Other income -37.7%+14.5% 71.062.0114
Net profit +24.2%+77.2% 303171244
PAT margin % -56 bps+528 bps 14.3%9.0%14.9%
EPS (₹) +24.2%+77.5% 26.4714.9121.32

Quality of profit

Core 82%Other income & one-offs 18%

Pre-tax profit ₹411 Cr: core business ₹339 Cr, other income ₹71.0 Cr, exceptional & other items ₹1.0 Cr.

Core profit YoY: +61.4% · reported profit +24.2%

Cash & debt

FY26 cash from operations −₹290 Cr: -39% of FY26 net profit of ₹748 Cr.

Borrowings ₹37.0 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹2,419₹2,119 -12.4% below
Net profit₹405₹303 -25.1% below
Detailed financials →

ZF Commercial Vehicle Control Systems India Limited

ZFCVINDIA · Auto Components · Q4 FY26 · Consolidated
M Cap
₹24,460 Cr
P/E
49.0
PEG
2.58
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +14.1%+9.2% 1,1551,0581,012
Operating profit +8.5%-4.5% 190199175
OPM % -86 bps-237 bps 16.5%18.8%17.3%
Other income +54.9%+90.9% 42.022.027.1
Net profit? +15.2%+4.3% 146140127
PAT margin % +12 bps-60 bps 12.6%13.2%12.5%
EPS (₹) +15.5%+4.4% 77.1473.9066.81

Quality of profit

Core 79%Other income & one-offs 21%

Pre-tax profit ₹197 Cr: core business ₹155 Cr, other income ₹42.0 Cr.

Core profit YoY: +9.4% · reported profit +15.2%

Cash & debt

FY26 cash from operations ₹810 Cr: 157% of FY26 net profit of ₹517 Cr.

Borrowings ₹55.0 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹1,056₹1,155 +9.4% above
Net profit₹149₹146 -2.0% in line
📊 Investor presentation (26 May) Detailed financials →

Kalpataru Projects International Limited

KPIL · Electrical Equipment · Q4 FY26 · Consolidated
M Cap
₹24,207 Cr
P/E
21.5
PEG
0.58
  • Profit +25% above its own trend
  • Operating margin expanded 254 bps YoY
  • Core business grew faster than reported profit (core profit +179%)
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +10.1%+16.7% 7,7786,6657,067
Operating profit +59.2%+24.7% 640513402
OPM % +254 bps+53 bps 8.2%7.7%5.7%
Other income +807.5%+594.1% 10314.811.3
Net profit? +97.7%+193.9% 431147218
PAT margin % +246 bps+334 bps 5.5%2.2%3.1%
EPS (₹) +92.7%+185.4% 25.438.9113.20

Quality of profit

Core 80%Other income & one-offs 20%

Pre-tax profit ₹511 Cr: core business ₹408 Cr, other income ₹103 Cr.

Core profit YoY: +178.8% · reported profit +97.7%

Cash & debt

FY26 cash from operations ₹1,534 Cr: 149% of FY26 net profit of ₹1,029 Cr.

Borrowings ₹3,543 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹8,861₹7,778 -12.2% below
Net profit₹346₹431 +24.7% above
📊 Investor presentation (11 Aug) Detailed financials →

Metro Brands Limited

METROBRAND · Footwear & Leather · Q4 FY26 · Consolidated
M Cap
₹24,189 Cr
P/E
58.6
PEG
11.72
  • Profit +22% above its own trend
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +20.3%-4.7% 773811643
Operating profit +20.7%-10.2% 238265197
OPM % +11 bps-187 bps 30.8%32.7%30.7%
Other income +38.8%+98.6% 32.016.123.1
Net profit? +23.8%-9.5% 11813095.3
PAT margin % +43 bps-80 bps 15.3%16.1%14.8%
EPS (₹) +23.0%-9.1% 4.284.713.48

Quality of profit

Core 80%Other income & one-offs 20%

Pre-tax profit ₹157 Cr: core business ₹125 Cr, other income ₹32.0 Cr.

Core profit YoY: +21.7% · reported profit +23.8%

Cash & debt

FY26 cash from operations ₹474 Cr: 114% of FY26 net profit of ₹416 Cr.

Borrowings ₹1,570 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹712₹773 +8.6% above
Net profit₹96.9₹118 +21.8% above
📊 Investor presentation (04 Aug) Detailed financials →

Milky Mist Dairy Food Limited

MILKYMIST · Packaged Foods & Food Processing · Q4 FY26 · Consolidated
M Cap
₹24,104 Cr
P/E
—
PEG
—
₹ Cr Mar 2026
Sales 850
Operating profit 134
OPM % 15.8%
Other income 1.0
Net profit? 92.0
PAT margin % 10.8%
EPS (₹) 1.44

Dec 2025 and Mar 2025 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 ₹66.0 Cr: core business ₹65.0 Cr, other income ₹1.0 Cr.

📊 Investor presentation (31 Aug) Detailed financials →

Urban Company Limited

URBANCO · E-Commerce & Internet Retail · Q4 FY26 · Consolidated
M Cap
₹24,036 Cr
P/E
—
PEG
—
  • Operating margin contracted 2179 bps YoY
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +43.0%+11.3% 426383298
Operating profit loss widenedloss widened -120-35.3-19.0
OPM % -2179 bps-1894 bps -28.2%-9.2%-6.4%
Other income +15.6%+2.5% 37.036.132.0
Net profit? loss widenedloss widened -161-21.3-3.0
PAT margin % -3679 bps-3224 bps -37.8%-5.6%-1.0%
EPS (₹) loss widenedloss widened -1.05-0.14-0.06

Quality of profit

Pre-tax profit −₹100 Cr: core business −₹137 Cr, other income ₹37.0 Cr.

Core profit YoY: loss widened

Detailed financials →

Capri Global Capital Limited

CGCL · NBFC & Finance Companies · Q4 FY26 · Consolidated
M Cap
₹23,948 Cr
P/E
21.2
PEG
0.32
  • Profit -20% below its own trend
  • Gross NPA down 53 bps YoY
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Total income +44.9%+13.3% 1,3881,225958
Net interest income —— 886——
Other income —— 3.0——
Net profit? +59.2%+10.8% 283255178
EPS (₹) +36.7%+10.5% 2.942.662.15
Gross NPA % -53 bps-40 bps 1.0%1.4%1.5%
Net NPA % -20 bps-20 bps 0.7%0.9%0.9%

Against its own trend ?

TrendActualGap
Net profit₹355₹283 -20.4% below
📊 Investor presentation (01 Sep) Detailed financials →

Asahi India Glass Limited

ASAHIINDIA · Glass · Q4 FY26 · Consolidated
M Cap
₹23,888 Cr
P/E
54.4
PEG
—
  • Profit +75% above its own trend
  • Operating margin expanded 452 bps YoY
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +14.8%+7.8% 1,3541,2561,180
Operating profit +45.8%+14.8% 287250197
OPM % +452 bps+129 bps 21.2%19.9%16.7%
Other income +13.8%from loss 10.0-2.08.8
Net profit? +45.3%+34.3% 13399.091.5
PAT margin % +206 bps+194 bps 9.8%7.9%7.8%
EPS (₹) +36.8%+33.3% 5.203.903.80

Quality of profit

Core 94%Other income & one-offs 6%

Pre-tax profit ₹180 Cr: core business ₹170 Cr, other income ₹10.0 Cr.

Core profit YoY: +47.3% · reported profit +45.3%

Cash & debt

FY26 cash from operations ₹502 Cr: 146% of FY26 net profit of ₹345 Cr.

Borrowings ₹2,198 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹1,270₹1,354 +6.6% above
Net profit₹76.0₹133 +74.9% above
Detailed financials →

AWL Agri Business Limited

AWL · Edible Oils · Q4 FY26 · Consolidated
M Cap
₹23,887 Cr
P/E
20.6
PEG
0.94
  • Profit +98% above its own trend
  • 42% of pre-tax profit came from other income and one-off items
  • Profit grew faster than the core business (core profit +22%)
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +17.7%+15.4% 21,46518,60318,230
Operating profit +14.4%-5.2% 524553458
OPM % -7 bps-53 bps 2.4%3.0%2.5%
Other income +205.8%+50.0% 15910652.0
Net profit? +53.4%+8.9% 293269191
PAT margin % +32 bps-8 bps 1.4%1.4%1.0%
EPS (₹) +54.1%+8.7% 2.252.071.46

Quality of profit

Core 58%Other income & one-offs 42%

Pre-tax profit ₹380 Cr: core business ₹222 Cr, other income ₹159 Cr, exceptional & other items −₹1.0 Cr.

Core profit YoY: +22.0% · reported profit +53.4%

Cash & debt

FY26 cash from operations ₹3,928 Cr: 376% of FY26 net profit of ₹1,045 Cr.

Borrowings ₹1,109 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹22,083₹21,465 -2.8% in line
Net profit₹148₹293 +98.2% above
📊 Investor presentation (30 Jul) Detailed financials →

Sundram Fasteners Limited

SUNDRMFAST · Auto Components · Q4 FY26 · Consolidated
M Cap
₹23,799 Cr
P/E
38.8
PEG
5.54
  • Profit +27% above its own trend
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +10.6%+9.9% 1,6931,5411,531
Operating profit +13.9%+6.7% 256240225
OPM % +44 bps-45 bps 15.1%15.6%14.7%
Other income +275.5%from loss 27.0-1.07.2
Net profit? +29.3%+23.1% 161131124
PAT margin % +138 bps+102 bps 9.5%8.5%8.1%
EPS (₹) +29.7%+23.7% 7.686.215.92

Quality of profit

Core 87%Other income & one-offs 13%

Pre-tax profit ₹213 Cr: core business ₹186 Cr, other income ₹27.0 Cr.

Core profit YoY: +18.4% · reported profit +29.3%

Cash & debt

FY26 cash from operations ₹837 Cr: 141% of FY26 net profit of ₹592 Cr.

Borrowings ₹625 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹1,583₹1,693 +7.0% above
Net profit₹127₹161 +27.0% above
Detailed financials →

Mtar Technologies Limited

MTARTECH · Engineering & Capital Goods · Q4 FY26 · Standalone
M Cap
₹23,740 Cr
P/E
177.2
PEG
—
  • Profit +58% above its own trend
  • Operating margin expanded 154 bps YoY
  • 28% of pre-tax profit came from other income and one-off items
  • Profit grew faster than the core business (core profit +139%)
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +67.2%+10.1% 306278183
Operating profit +81.0%-3.9% 61.664.034.0
OPM % +154 bps-293 bps 20.1%23.0%18.6%
Other income —+546.1% 16.52.60.0
Net profit +216.7%+26.1% 44.335.214.0
PAT margin % +684 bps+183 bps 14.5%12.7%7.7%
EPS (₹) +211.9%+26.1% 14.4111.434.62

Quality of profit

Core 72%Other income & one-offs 28%

Pre-tax profit ₹59.6 Cr: core business ₹43.1 Cr, other income ₹16.5 Cr.

Core profit YoY: +139.3% · reported profit +216.7%

Cash & debt

FY26 cash from operations ₹192 Cr: 201% of FY26 net profit of ₹95.3 Cr.

Borrowings ₹377 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹229₹306 +33.7% above
Net profit₹28.0₹44.3 +58.3% above
📊 Investor presentation (30 Jul) Detailed financials →

ITI Limited

ITI · Telecom Equipment & Infrastructure · Q4 FY26 · Standalone
M Cap
₹23,603 Cr
P/E
89.6
PEG
5.60
  • Turnaround: profit against a loss a year ago
  • Operating margin contracted 1500 bps YoY
  • All of pre-tax profit came from other income or one-off items
  • Operating cash flow was negative in FY26 despite a profit
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales -40.0%+22.0% 6285151,046
Operating profit loss widenedto loss -11125.3-28.0
OPM % -1500 bps-2260 bps -17.7%4.9%-2.7%
Other income +381.6%— 47212.398.0
Net profit from lossfrom loss 375-25.6-5.0
PAT margin % +6019 bps+6468 bps 59.7%-5.0%-0.5%
EPS (₹) from lossfrom loss 3.90-0.27-0.05

Quality of profit

Pre-tax profit ₹375 Cr: core business −₹97.0 Cr, other income ₹472 Cr.

Core profit YoY: loss narrowed

Cash & debt

FY26 cash from operations −₹135 Cr: -58% of FY26 net profit of ₹232 Cr.

Borrowings ₹765 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹780₹628 -19.5% below
Detailed financials →

Amber Enterprises India Limited

AMBER · Electronic Components · Q4 FY26 · Consolidated
M Cap
₹23,418 Cr
P/E
—
PEG
—
  • 40% of pre-tax profit came from other income and one-off items
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +10.5%+40.9% 4,1482,9433,754
Operating profit +3.2%+22.5% 291237282
OPM % -50 bps-105 bps 7.0%8.1%7.5%
Other income +342.1%from loss 84.0-48.019.0
Net profit? +37.3%from loss 162-9.0118
PAT margin % +76 bps+421 bps 3.9%-0.3%3.1%
EPS (₹) +10.8%from loss 38.04-7.7434.32

Quality of profit

Core 60%Other income & one-offs 40%

Pre-tax profit ₹211 Cr: core business ₹127 Cr, other income ₹84.0 Cr.

Core profit YoY: from loss · reported profit +37.3%

Cash & debt

FY26 cash from operations ₹240 Cr: 106% of FY26 net profit of ₹227 Cr.

Borrowings ₹2,702 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹5,101₹4,148 -18.7% below
Net profit₹154₹162 +5.2% in line
📊 Investor presentation (14 Aug) Detailed financials →

Jyoti CNC Automation Limited

JYOTICNC · Engineering & Capital Goods · Q4 FY26 · Consolidated
M Cap
₹23,247 Cr
P/E
72.2
PEG
0.46
  • Profit -25% below its own trend
  • Operating margin contracted 636 bps YoY
  • FY26 operating cash flow was only 16% of profit
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +4.0%+4.0% 599576576
Operating profit -17.4%-4.9% 147155178
OPM % -636 bps-230 bps 24.5%26.8%30.9%
Other income —+313.2% 25.06.00.0
Net profit? -16.5%+2.8% 91.088.5109
PAT margin % -373 bps-18 bps 15.2%15.4%18.9%
EPS (₹) -16.9%+2.3% 3.983.894.79

Quality of profit

Core 82%Other income & one-offs 18%

Pre-tax profit ₹138 Cr: core business ₹113 Cr, other income ₹25.0 Cr.

Core profit YoY: -28.0% · reported profit -16.5%

Cash & debt

FY26 cash from operations ₹54.0 Cr: 16% of FY26 net profit of ₹336 Cr.

Borrowings ₹853 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹708₹599 -15.4% below
Net profit₹122₹91.0 -25.1% below
📊 Investor presentation (07 Aug) Detailed financials →

City Union Bank Limited

CUB · Private Sector Banks · Q4 FY26 · Standalone
M Cap
₹23,237 Cr
P/E
17.5
PEG
1.46
  • Gross NPA down 118 bps YoY
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Total income +20.3%+7.2% 2,1462,0011,784
Net interest income +30.9%+4.5% 786752600
Other income +15.4%+18.2% 290245251
Net profit +25.0%+8.4% 360332288
EPS (₹) +24.4%+8.0% 3.63adj. 3.36adj. 2.92
Gross NPA % -118 bps-26 bps 1.9%2.2%3.1%
Net NPA % -57 bps-10 bps 0.7%0.8%1.2%

EPS restated for the 1:3 bonus of Jun 2026: Dec 2025 ₹4.48 to ₹3.36; Mar 2025 ₹3.89 to ₹2.92.

Against its own trend ?

TrendActualGap
NII₹688₹786 +14.3% above
Net profit₹332₹360 +8.3% in line
📊 Investor presentation (28 Jul) Detailed financials →

Data Patterns (India) Limited

DATAPATTNS · Electronic Components · Q4 FY26 · Standalone
M Cap
₹23,192 Cr
P/E
86.7
PEG
2.89
  • Profit -17% below its own trend
  • Operating margin expanded 1832 bps YoY
  • FY26 operating cash flow was only 29% of profit
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales -12.9%+99.3% 345173396
Operating profit +29.5%+139.5% 19380.6149
OPM % +1832 bps+939 bps 55.9%46.5%37.6%
Other income -45.5%+3.3% 6.05.811.0
Net profit +21.1%+136.7% 13858.3114
PAT margin % +1121 bps+633 bps 40.0%33.7%28.8%
EPS (₹) +21.3%+137.2% 24.7210.4220.38

Quality of profit

Core 97%Other income & one-offs 3%

Pre-tax profit ₹188 Cr: core business ₹182 Cr, other income ₹6.0 Cr.

Core profit YoY: +28.2% · reported profit +21.1%

Cash & debt

FY26 cash from operations ₹80.0 Cr: 29% of FY26 net profit of ₹271 Cr.

Borrowings ₹5.0 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹724₹345 -52.3% below
Net profit₹166₹138 -16.8% below
📊 Investor presentation (30 Jul) Detailed financials →

Gillette India Limited

GILLETTE · Personal Care & FMCG · Q4 FY26 · Standalone
M Cap
₹22,873 Cr
P/E
34.2
PEG
1.10
  • Operating margin expanded 551 bps YoY
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +3.3%+0.3% 792790767
Operating profit +22.6%+11.7% 277248226
OPM % +551 bps+358 bps 35.0%31.4%29.5%
Other income -58.3%-37.5% 5.08.012.0
Net profit +21.4%+12.2% 193172159
PAT margin % +364 bps+260 bps 24.4%21.8%20.7%
EPS (₹) +21.3%+11.6% 59.0852.9348.70

Quality of profit

Core 98%Other income & one-offs 2%

Pre-tax profit ₹260 Cr: core business ₹255 Cr, other income ₹5.0 Cr.

Core profit YoY: +28.8% · reported profit +21.4%

Cash & debt

FY26 cash from operations ₹607 Cr: 93% of FY26 net profit of ₹655 Cr.

Borrowings nil at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹852₹792 -7.1% below
Net profit₹209₹193 -7.5% in line
📊 Investor presentation (16 Jun) Detailed financials →

KIOCL Limited

KIOCL · Mining & Minerals · Q4 FY26 · Standalone
M Cap
₹22,833 Cr
P/E
593.2
PEG
20.46
  • Turnaround: profit against a loss a year ago
  • Operating margin expanded 3111 bps YoY
  • 65% of pre-tax profit came from other income and one-off items
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales -10.7%+37.8% 220160246
Operating profit from loss+200.8% 32.010.6-40.8
OPM % +3111 bps+788 bps 14.5%6.7%-16.6%
Other income +128.1%+128.7% 36.015.715.8
Net profit from loss+192.3% 53.018.1-36.9
PAT margin % +3905 bps+1273 bps 24.1%11.4%-15.0%
EPS (₹) from loss+193.3% 0.880.30-0.61

Quality of profit

Core 35%Other income & one-offs 65%

Pre-tax profit ₹54.0 Cr: core business ₹19.0 Cr, other income ₹36.0 Cr, exceptional & other items −₹1.0 Cr.

Core profit YoY: from loss

Cash & debt

FY26 cash from operations ₹79.0 Cr: 488% of FY26 net profit of ₹16.2 Cr.

Borrowings ₹192 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹191₹220 +15.4% above
Detailed financials →

Belrise Industries Limited

BELRISE · Auto Components · Q4 FY26 · Consolidated
M Cap
₹22,786 Cr
P/E
13.4
PEG
—
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +12.3%+9.1% 2,5532,3412,274
Operating profit +5.1%+1.1% 290287276
OPM % -78 bps-90 bps 11.4%12.3%12.1%
Other income +110.0%-37.7% 21.033.710.0
Net profit? +18.2%+6.6% 130122110
PAT margin % +25 bps-12 bps 5.1%5.2%4.8%
EPS (₹) -13.6%+0.7% 1.461.451.69

Quality of profit

Core 87%Other income & one-offs 13%

Pre-tax profit ₹174 Cr: core business ₹152 Cr, other income ₹21.0 Cr, exceptional & other items ₹1.0 Cr.

Core profit YoY: +17.8% · reported profit +18.2%

📊 Investor presentation (14 Aug) Detailed financials →

Aether Industries Limited

AETHER · Chemicals · Q4 FY26 · Consolidated
M Cap
₹22,772 Cr
P/E
103.8
PEG
5.19
  • Profit -30% below its own trend
  • Operating margin contracted 612 bps YoY
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +27.1%-3.8% 305317240
Operating profit +3.8%-25.0% 83.011180.0
OPM % -612 bps-766 bps 27.2%34.9%33.3%
Other income +400.0%— 10.00.12.0
Net profit? +8.0%-16.3% 54.064.550.0
PAT margin % -313 bps-263 bps 17.7%20.3%20.8%
EPS (₹) +7.4%-16.3% 4.074.863.79

Quality of profit

Core 87%Other income & one-offs 13%

Pre-tax profit ₹68.0 Cr: core business ₹59.0 Cr, other income ₹10.0 Cr, exceptional & other items −₹1.0 Cr.

Core profit YoY: -4.8% · reported profit +8.0%

Cash & debt

FY26 cash from operations ₹142 Cr: 65% of FY26 net profit of ₹219 Cr.

Borrowings ₹458 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹344₹305 -11.3% below
Net profit₹77.5₹54.0 -30.3% below
📊 Investor presentation (31 Jul) Detailed financials →

Procter & Gamble Hygiene and Health Care Limited

PGHH · Personal Care & FMCG · Q4 FY26 · Standalone
M Cap
₹22,664 Cr
P/E
28.7
PEG
2.05
  • Operating margin expanded 200 bps YoY
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales -5.1%-25.4% 9411,262992
Operating profit +3.8%-45.8% 218402210
OPM % +200 bps-869 bps 23.2%31.9%21.2%
Other income -36.8%+0.0% 12.012.019.0
Net profit -1.9%-49.2% 153301156
PAT margin % +53 bps-759 bps 16.3%23.9%15.7%
EPS (₹) -1.9%-49.2% 47.1792.8748.09

Quality of profit

Core 94%Other income & one-offs 6%

Pre-tax profit ₹218 Cr: core business ₹205 Cr, other income ₹12.0 Cr, exceptional & other items ₹1.0 Cr.

Core profit YoY: +5.7% · reported profit -1.9%

Cash & debt

FY26 cash from operations ₹924 Cr: 108% of FY26 net profit of ₹856 Cr.

Borrowings ₹1.0 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹1,000₹941 -5.9% below
Net profit₹166₹153 -8.0% in line
📊 Investor presentation (16 Jun) Detailed financials →

Motherson Sumi Wiring India Limited

MSUMI · Auto Components · Q4 FY26 · Standalone
M Cap
₹22,647 Cr
P/E
36.2
PEG
4.02
  • Operating margin contracted 258 bps YoY
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +32.9%+15.5% 3,3352,8872,510
Operating profit +1.1%+4.6% 274262271
OPM % -258 bps-86 bps 8.2%9.1%10.8%
Other income -50.0%+0.0% 1.01.02.0
Net profit +1.2%+12.1% 167149165
PAT margin % -157 bps-15 bps 5.0%5.2%6.6%
EPS (₹) +0.0%+8.7% 0.250.230.25

Quality of profit

Core 100%Other income & one-offs 0%

Pre-tax profit ₹212 Cr: core business ₹211 Cr, other income ₹1.0 Cr.

Core profit YoY: -2.8% · reported profit +1.2%

Cash & debt

FY26 cash from operations ₹761 Cr: 122% of FY26 net profit of ₹624 Cr.

Borrowings ₹233 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹2,923₹3,335 +14.1% above
Net profit₹167₹167 +0.0% in line
📊 Investor presentation (04 Aug) Detailed financials →

FORCE MOTORS LTD

FORCEMOT · Commercial Vehicles · Q4 FY26 · Consolidated
M Cap
₹22,624 Cr
P/E
18.1
PEG
0.08
  • Profit -68% below its own trend
  • Operating margin expanded 226 bps YoY
  • Core business grew faster than reported profit (core profit +36%)
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +8.2%+19.8% 2,5502,1292,356
Operating profit +25.7%+10.7% 414374329
OPM % +226 bps-134 bps 16.2%17.6%14.0%
Other income +115.1%+44.1% 39.027.118.1
Net profit? -35.8%-31.3% 279406435
PAT margin % -751 bps-814 bps 10.9%19.1%18.5%
EPS (₹) -35.9%-31.4% 211.38308.22329.92

Quality of profit

Core 90%Other income & one-offs 10%

Pre-tax profit ₹378 Cr: core business ₹339 Cr, other income ₹39.0 Cr.

Core profit YoY: +35.5% · reported profit -35.8%

Cash & debt

FY26 cash from operations ₹1,297 Cr: 107% of FY26 net profit of ₹1,212 Cr.

Borrowings nil at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹2,707₹2,550 -5.8% below
Net profit₹869₹279 -67.9% below
Detailed financials →

Diamond Power Infrastructure Limited

DIACABS · Cables & Wires · Q4 FY26 · Consolidated
M Cap
₹22,580 Cr
P/E
114.5
PEG
—
  • Profit +298% above its own trend
  • Operating margin expanded 709 bps YoY
  • Operating cash flow was negative in FY26 despite a profit
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +108.5%+46.8% 696474334
Operating profit +467.1%+13.0% 78.069.013.8
OPM % +709 bps-335 bps 11.2%14.6%4.1%
Other income —+600.0% 7.01.00.2
Net profit? +695.9%+22.0% 61.050.07.7
PAT margin % +647 bps-178 bps 8.8%10.5%2.3%
EPS (₹) +666.7%+22.3% 1.150.940.15

Quality of profit

Core 90%Other income & one-offs 10%

Pre-tax profit ₹62.0 Cr: core business ₹56.0 Cr, other income ₹7.0 Cr, exceptional & other items −₹1.0 Cr.

Core profit YoY: +655.8% · reported profit +695.9%

Cash & debt

FY26 cash from operations −₹80.0 Cr: -50% of FY26 net profit of ₹159 Cr.

Borrowings ₹2,536 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹550₹696 +26.6% above
Net profit₹15.3₹61.0 +298.0% above
📊 Investor presentation (13 Aug) Detailed financials →

Carborundum Universal Limited

CARBORUNIV · Bearings & Abrasives · Q4 FY26 · Consolidated
M Cap
₹22,569 Cr
P/E
120.5
PEG
—
  • Into loss: a profit a year ago
  • Profit -329% below its own trend
  • Operating margin contracted 170 bps YoY
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +14.9%+8.3% 1,3981,2911,217
Operating profit -1.4%-8.3% 144157146
OPM % -170 bps-186 bps 10.3%12.2%12.0%
Other income to lossto loss -10322.018.0
Net profit? to lossto loss -40.073.030.0
PAT margin % -533 bps-852 bps -2.9%5.7%2.5%
EPS (₹) to lossto loss -0.923.991.53

Quality of profit

Pre-tax profit −₹30.0 Cr: core business ₹73.0 Cr, other income −₹103 Cr.

Core profit YoY: -16.1%

Cash & debt

FY26 cash from operations ₹367 Cr: 219% of FY26 net profit of ₹167 Cr.

Borrowings ₹413 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹1,271₹1,398 +10.0% above
Net profit₹17.5−₹40.0 -329.1% below
Detailed financials →

Finolex Cables Limited

FINCABLES · Cables & Wires · Q4 FY26 · Consolidated
M Cap
₹22,551 Cr
P/E
28.2
PEG
2.35
  • Operating margin contracted 149 bps YoY
  • 46% of pre-tax profit came from other income and one-off items
  • FY26 operating cash flow was only 7% of profit
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +22.4%+22.0% 1,9511,5991,595
Operating profit +5.4%+13.9% 180158171
OPM % -149 bps-66 bps 9.2%9.9%10.7%
Other income +35.2%+89.2% 14074.0104
Net profit? +16.8%+36.6% 224164192
PAT margin % -54 bps+122 bps 11.5%10.3%12.0%
EPS (₹) +17.1%+36.7% 14.6710.7312.53

Quality of profit

Core 54%Other income & one-offs 46%

Pre-tax profit ₹303 Cr: core business ₹163 Cr, other income ₹140 Cr.

Core profit YoY: +3.2% · reported profit +16.8%

Cash & debt

FY26 cash from operations ₹49.0 Cr: 7% of FY26 net profit of ₹714 Cr.

Borrowings ₹19.0 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹1,781₹1,951 +9.6% above
Net profit₹206₹224 +9.0% in line
📊 Investor presentation (13 Aug) Detailed financials →

How to read this page

The numbers. Each card is one company's Q4 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