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, 21:03 IST 5115 declared
The next results season has started: 44 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 20 of 171

Cyient Limited

CYIENT · IT Services & Software · Q4 FY26 · Consolidated
M Cap
₹12,235 Cr
P/E
29.5
PEG
—
  • Profit -59% below its own trend
  • Operating margin contracted 433 bps YoY
  • Exceptional items of ₹-71.2 Cr in the quarter
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +0.9%+4.2% 1,9271,8481,909
Operating profit -26.7%-6.4% 222237303
OPM % -433 bps-131 bps 11.5%12.8%15.9%
Other income -27.7%-13.9% 26.630.936.8
Net profit? -64.9%-32.6% 65.597.2186
PAT margin % -636 bps-186 bps 3.4%5.3%9.8%
EPS (₹) -67.9%-40.4% 4.968.3215.47

Quality of profit

Pre-tax profit ₹95.0 Cr: core business ₹140 Cr, other income ₹26.6 Cr, exceptional & other items −₹71.2 Cr.

Core profit YoY: -35.3% · reported profit -64.9%

Cash & debt

FY26 cash from operations ₹787 Cr: 170% of FY26 net profit of ₹463 Cr.

Borrowings ₹431 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹1,894₹1,927 +1.7% in line
Net profit₹160₹65.5 -59.0% below

Amagi Media Labs Limited

AMAGI · IT Enabled Services (BPO/KPO) · Q4 FY26 · Consolidated
M Cap
₹12,232 Cr
P/E
120.0
PEG
—
  • Turnaround: profit against a loss a year ago
  • Operating margin expanded 1025 bps YoY
  • 59% of pre-tax profit came from other income and one-off items
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +28.5%-1.7% 397404309
Operating profit from loss-22.6% 24.031.0-13.0
OPM % +1025 bps-163 bps 6.0%7.7%-4.2%
Other income +20.0%+118.2% 24.011.020.0
Net profit? from loss+9.7% 34.031.0-11.0
PAT margin % +1212 bps+89 bps 8.6%7.7%-3.6%
EPS (₹) from loss-1.3% 1.581.60-3.10

Quality of profit

Core 42%Other income & one-offs 58%

Pre-tax profit ₹41.0 Cr: core business ₹17.0 Cr, other income ₹24.0 Cr.

Core profit YoY: from loss

Godrej Agrovet Limited

GODREJAGRO · Packaged Foods & Food Processing · Q4 FY26 · Consolidated
M Cap
₹12,194 Cr
P/E
28.8
PEG
1.11
  • Profit +54% above its own trend
  • 60% of pre-tax profit came from other income and one-off items
  • Profit grew faster than the core business (core profit -15%)
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +9.3%-14.2% 2,3332,7182,134
Operating profit -5.2%-42.5% 139242147
OPM % -92 bps-293 bps 6.0%8.9%6.9%
Other income +502.3%+325.3% 78.018.312.9
Net profit? +54.3%-7.0% 10211066.1
PAT margin % +127 bps+34 bps 4.4%4.0%3.1%
EPS (₹) +48.1%-8.7% 5.455.973.68

Quality of profit

Core 40%Other income & one-offs 60%

Pre-tax profit ₹130 Cr: core business ₹52.0 Cr, other income ₹78.0 Cr.

Core profit YoY: -15.2% · reported profit +54.3%

Cash & debt

FY26 cash from operations ₹1,281 Cr: 288% of FY26 net profit of ₹445 Cr.

Borrowings ₹1,574 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹2,302₹2,333 +1.3% in line
Net profit₹66.4₹102 +53.7% above

Inox Wind Limited

INOXWIND · Electrical Equipment · Q4 FY26 · Consolidated
M Cap
₹12,087 Cr
P/E
28.9
PEG
0.76
  • Profit -61% below its own trend
  • Operating margin contracted 384 bps YoY
  • 42% of pre-tax profit came from other income and one-off items
  • Operating cash flow was negative in FY26 despite a profit
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales -2.4%+3.1% 1,2441,2071,275
Operating profit -21.3%-29.1% 200282254
OPM % -384 bps-729 bps 16.1%23.4%19.9%
Other income +69.4%+96.8% 61.031.036.0
Net profit? -44.2%-16.5% 106127190
PAT margin % -638 bps-200 bps 8.5%10.5%14.9%
EPS (₹) -60.7%-22.1% 0.530.681.35

Quality of profit

Core 58%Other income & one-offs 42%

Pre-tax profit ₹144 Cr: core business ₹83.0 Cr, other income ₹61.0 Cr.

Core profit YoY: -51.5% · reported profit -44.2%

Cash & debt

FY26 cash from operations −₹598 Cr: -133% of FY26 net profit of ₹451 Cr.

Borrowings ₹1,587 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹1,818₹1,244 -31.6% below
Net profit₹274₹106 -61.3% below

Vedanta Oil and Gas Limited

VOGL · Oil & Gas Exploration & Services · Q4 FY26 · Consolidated
M Cap
₹11,904 Cr
P/E
—
PEG
—
₹ Cr Mar 2026
Sales 2,588
Operating profit 882
OPM % 34.1%
Other income -35.0
Net profit? -479
PAT margin % -18.5%
EPS (₹) -203.28

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

Quality of profit

Pre-tax profit −₹340 Cr: core business −₹305 Cr, other income −₹35.0 Cr.

ASK Automotive Limited

ASKAUTOLTD · Auto Components · Q4 FY26 · Consolidated
M Cap
₹11,899 Cr
P/E
37.6
PEG
1.10
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +35.0%+5.8% 1,1471,084850
Operating profit +27.1%-6.3% 132141104
OPM % -71 bps-149 bps 11.5%13.0%12.2%
Other income +131.8%+50.2% 7.04.73.0
Net profit? +25.0%-9.9% 72.079.957.6
PAT margin % -50 bps-109 bps 6.3%7.4%6.8%
EPS (₹) +24.3%-10.4% 3.634.052.92

Quality of profit

Core 92%Other income & one-offs 8%

Pre-tax profit ₹95.0 Cr: core business ₹87.0 Cr, other income ₹7.0 Cr, exceptional & other items ₹1.0 Cr.

Core profit YoY: +23.9% · reported profit +25.0%

Cash & debt

FY26 cash from operations ₹301 Cr: 101% of FY26 net profit of ₹298 Cr.

Borrowings ₹679 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹921₹1,147 +24.6% above
Net profit₹68.7₹72.0 +4.7% in line

Pearl Global Industries Limited

PGIL · Textiles · Q4 FY26 · Consolidated
M Cap
₹11,894 Cr
P/E
39.2
PEG
1.51
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +6.9%+12.3% 1,3141,1701,229
Operating profit +14.7%+40.2% 13596.0117
OPM % +70 bps+204 bps 10.2%8.2%9.5%
Other income +91.5%+35.8% 10.27.55.3
Net profit? +24.6%+57.2% 81.051.565.0
PAT margin % +88 bps+176 bps 6.2%4.4%5.3%
EPS (₹) +19.5%+56.0% 18.0511.5715.10

Quality of profit

Core 90%Other income & one-offs 10%

Pre-tax profit ₹95.0 Cr: core business ₹85.4 Cr, other income ₹10.2 Cr, exceptional & other items −₹0.5 Cr.

Core profit YoY: +23.2% · reported profit +24.6%

Cash & debt

FY26 cash from operations ₹398 Cr: 147% of FY26 net profit of ₹270 Cr.

Borrowings ₹943 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹1,420₹1,314 -7.5% below
Net profit₹76.7₹81.0 +5.6% in line

Bikaji Foods International Limited

BIKAJI · Packaged Foods & Food Processing · Q4 FY26 · Consolidated
M Cap
₹11,856 Cr
P/E
46.5
PEG
1.94
  • Profit +31% above its own trend
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +17.5%-8.7% 721790614
Operating profit +18.4%-10.2% 88.098.074.3
OPM % +10 bps-20 bps 12.2%12.4%12.1%
Other income +80.7%+63.6% 18.011.010.0
Net profit? +40.3%-9.7% 56.062.039.9
PAT margin % +126 bps-8 bps 7.8%7.8%6.5%
EPS (₹) +26.4%-9.3% 2.252.481.78

Quality of profit

Core 78%Other income & one-offs 22%

Pre-tax profit ₹77.0 Cr: core business ₹60.0 Cr, other income ₹18.0 Cr, exceptional & other items −₹1.0 Cr.

Core profit YoY: +33.9% · reported profit +40.3%

Cash & debt

FY26 cash from operations ₹304 Cr: 120% of FY26 net profit of ₹254 Cr.

Borrowings ₹299 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹689₹721 +4.6% in line
Net profit₹42.7₹56.0 +31.0% above

Vedanta Power Limited

VEDPOWER · Q4 FY26 · Consolidated
M Cap
₹11,818 Cr
P/E
—
PEG
—
₹ Cr Mar 2026
Sales 2,684
Operating profit 594
OPM % 22.1%
Other income -31.0
Net profit? 139
PAT margin % 5.2%
EPS (₹) 0.43

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

Quality of profit

Pre-tax profit ₹150 Cr: core business ₹181 Cr, other income −₹31.0 Cr.

Aditya Birla Real Estate Limited

ABREL · Paper · Q4 FY26 · Consolidated
M Cap
₹11,791 Cr
P/E
—
PEG
—
  • Turnaround: profit against a loss a year ago
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales -79.1%-90.1% 82.6838395
Operating profit loss widenedloss widened -166-19.4-25.0
Other income —— 1299.27.4
Net profit? from lossfrom loss 5.4-75.3-127
PAT margin % +3869 bps+1551 bps 6.5%-9.0%-32.2%
EPS (₹) from lossfrom loss 0.97-6.59-11.49

Quality of profit

Pre-tax profit −₹75.9 Cr: core business −₹205 Cr, other income ₹129 Cr.

Core profit YoY: loss widened

Cash & debt

FY26 cash from operations ₹747 Cr.

Borrowings ₹5,636 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹197₹82.6 -58.1% below

Vinati Organics Limited

VINATIORGA · Chemicals · Q4 FY26 · Consolidated
M Cap
₹11,780 Cr
P/E
26.3
PEG
13.13
  • Profit -12% below its own trend
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales -6.9%+13.8% 604531648
Operating profit -5.8%+8.6% 170157180
OPM % +32 bps-135 bps 28.1%29.5%27.8%
Other income +224.7%+125.7% 20.08.96.2
Net profit? +0.8%+23.0% 124101123
PAT margin % +156 bps+153 bps 20.5%19.0%19.0%
EPS (₹) +0.7%+22.8% 11.959.7311.87

Quality of profit

Core 88%Other income & one-offs 12%

Pre-tax profit ₹160 Cr: core business ₹140 Cr, other income ₹20.0 Cr.

Core profit YoY: -11.2% · reported profit +0.8%

Cash & debt

FY26 cash from operations ₹558 Cr: 126% of FY26 net profit of ₹444 Cr.

Borrowings nil at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹665₹604 -9.1% below
Net profit₹140₹124 -11.7% below

Akums Drugs and Pharmaceuticals Limited

AKUMS · Pharmaceuticals · Q4 FY26 · Consolidated
M Cap
₹11,778 Cr
P/E
40.2
PEG
1.39
  • Profit -47% below its own trend
  • Operating margin expanded 421 bps YoY
  • 28% of pre-tax profit came from other income and one-off items
  • Core business grew faster than reported profit (core profit +78%)
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +9.7%-0.1% 1,1581,1601,056
Operating profit +61.6%+3.3% 15214793.9
OPM % +421 bps+44 bps 13.1%12.7%8.9%
Other income +101.2%+2.8% 35.334.317.5
Net profit? -45.6%+20.2% 81.367.7150
PAT margin % -715 bps+119 bps 7.0%5.8%14.2%
EPS (₹) -42.6%+27.7% 5.534.339.64

Quality of profit

Core 72%Other income & one-offs 28%

Pre-tax profit ₹121 Cr: core business ₹87.7 Cr, other income ₹35.3 Cr, exceptional & other items −₹1.8 Cr.

Core profit YoY: +77.6% · reported profit -45.6%

Cash & debt

FY26 cash from operations ₹1,181 Cr: 461% of FY26 net profit of ₹256 Cr.

Borrowings ₹157 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹1,120₹1,158 +3.3% in line
Net profit₹153₹81.3 -46.7% below

BlueStone Jewellery and Lifestyle Limited

BLUESTONE · Gems & Jewellery · Q4 FY26 · Consolidated
M Cap
₹11,772 Cr
P/E
218.4
PEG
—
  • Turnaround: profit against a loss a year ago
  • Operating margin expanded 1301 bps YoY
  • 44% of pre-tax profit came from other income and one-off items
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +47.7%-9.0% 681749461
Operating profit +401.1%-23.6% 12616525.1
OPM % +1301 bps-355 bps 18.5%22.0%5.4%
Other income -34.4%+40.1% 15.110.823.0
Net profit? from loss-54.7% 31.268.8-51.3
PAT margin % +1569 bps-462 bps 4.6%9.2%-11.1%
EPS (₹) from loss-55.1% 2.054.57-14.51

Quality of profit

Core 56%Other income & one-offs 44%

Pre-tax profit ₹31.2 Cr: core business ₹17.5 Cr, other income ₹15.1 Cr, exceptional & other items −₹1.4 Cr.

Core profit YoY: from loss

NMDC Steel Limited

NSLNISP · Iron & Steel · Q4 FY26 · Standalone
M Cap
₹11,743 Cr
P/E
140.6
PEG
—
  • Turnaround: profit against a loss a year ago
  • Operating margin expanded 3101 bps YoY
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +36.7%+29.0% 3,8793,0082,838
Operating profit from loss+722.4% 80698.0-291
OPM % +3101 bps+1752 bps 20.8%3.3%-10.2%
Other income +35.2%+36.8% 26.019.019.2
Net profit from lossfrom loss 392-244-473
PAT margin % +2678 bps+1822 bps 10.1%-8.1%-16.7%
EPS (₹) from lossfrom loss 1.34-0.83-1.62

Quality of profit

Core 95%Other income & one-offs 5%

Pre-tax profit ₹486 Cr: core business ₹461 Cr, other income ₹26.0 Cr, exceptional & other items −₹1.0 Cr.

Core profit YoY: from loss

Cash & debt

FY26 cash from operations ₹1,796 Cr: 3044% of FY26 net profit of ₹59.0 Cr.

Borrowings ₹4,613 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹4,543₹3,879 -14.6% below

Quality Power Electrical Equipments Limited

QPOWER · Electrical Equipment · Q4 FY26 · Consolidated
M Cap
₹11,708 Cr
P/E
60.0
PEG
—
  • Operating margin contracted 424 bps YoY
  • 54% of pre-tax profit came from other income and one-off items
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +159.2%-1.1% 281284108
Operating profit +86.0%-61.7% 30.379.016.3
OPM % -424 bps-1702 bps 10.8%27.8%15.0%
Other income +34.3%— 29.00.321.6
Net profit? +65.7%-19.5% 50.662.830.5
PAT margin % -1016 bps-410 bps 18.0%22.1%28.2%
EPS (₹) +64.0%-12.9% 4.385.032.67

Quality of profit

Core 46%Other income & one-offs 54%

Pre-tax profit ₹53.5 Cr: core business ₹24.5 Cr, other income ₹29.0 Cr.

Core profit YoY: +70.2% · reported profit +65.7%

Home First Finance Company India Limited

HOMEFIRST · Housing Finance · Q4 FY26 · Standalone
M Cap
₹11,438 Cr
P/E
19.7
PEG
0.60
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Total income +20.9%+4.3% 504483417
Net interest income +36.0%+6.2% 306288225
Other income +50.0%+200.0% 3.01.02.0
Net profit +41.9%+6.4% 149140105
EPS (₹) +23.2%+6.2% 14.3313.4911.63
Gross NPA % +10 bps-20 bps 1.8%2.0%1.7%
Net NPA % +10 bps-20 bps 1.4%1.6%1.3%

Against its own trend ?

TrendActualGap
NII₹309₹306 -0.8% in line
Net profit₹146₹149 +1.8% in line

Sudeep Pharma Limited

SUDEEPPHRM · Pharmaceuticals · Q4 FY26 · Consolidated
M Cap
₹11,433 Cr
P/E
62.0
PEG
—
  • Operating margin contracted 273 bps YoY
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +15.2%+5.8% 182172158
Operating profit +6.8%+5.0% 63.060.059.0
OPM % -273 bps-27 bps 34.6%34.9%37.3%
Other income +50.0%-14.3% 6.07.04.0
Net profit? +11.4%+2.1% 49.048.044.0
PAT margin % -93 bps-98 bps 26.9%27.9%27.8%
EPS (₹) -4.6%+3.1% 4.334.204.54

Quality of profit

Core 90%Other income & one-offs 10%

Pre-tax profit ₹63.0 Cr: core business ₹57.0 Cr, other income ₹6.0 Cr.

Core profit YoY: +5.6% · reported profit +11.4%

Nuvoco Vistas Corporation Limited

NUVOCO · Cement · Q4 FY26 · Consolidated
M Cap
₹11,393 Cr
P/E
29.5
PEG
—
  • Profit -57% below its own trend
  • Exceptional items of ₹-48.1 Cr in the quarter
  • Core business grew faster than reported profit (core profit +27%)
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +8.7%+22.4% 3,3072,7013,042
Operating profit +6.5%+53.1% 588384552
OPM % -36 bps+356 bps 17.8%14.2%18.1%
Other income -39.4%-5.1% 2.62.84.3
Net profit? -14.9%+185.2% 14149.4166
PAT margin % -118 bps+243 bps 4.3%1.8%5.4%
EPS (₹) -14.9%+185.5% 3.941.384.63

Quality of profit

Pre-tax profit ₹233 Cr: core business ₹279 Cr, other income ₹2.6 Cr, exceptional & other items −₹48.1 Cr.

Core profit YoY: +27.0% · reported profit -14.9%

Cash & debt

FY26 cash from operations ₹1,485 Cr: 413% of FY26 net profit of ₹360 Cr.

Borrowings ₹4,916 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹3,305₹3,307 +0.0% in line
Net profit₹331₹141 -57.5% below

Trident Limited

TRIDENT · Textiles · Q4 FY26 · Consolidated
M Cap
₹11,292 Cr
P/E
28.6
PEG
—
  • Profit -49% below its own trend
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales -12.4%+3.7% 1,6331,5741,864
Operating profit -7.3%+66.9% 227136245
OPM % +76 bps+526 bps 13.9%8.6%13.1%
Other income +10.5%-8.7% 21.023.019.0
Net profit? -23.3%+131.8% 10244.0133
PAT margin % -89 bps+345 bps 6.2%2.8%7.1%
EPS (₹) -23.1%+122.2% 0.200.090.26

Quality of profit

Core 86%Other income & one-offs 14%

Pre-tax profit ₹146 Cr: core business ₹125 Cr, other income ₹21.0 Cr.

Core profit YoY: -17.8% · reported profit -23.3%

Cash & debt

FY26 cash from operations ₹760 Cr: 202% of FY26 net profit of ₹377 Cr.

Borrowings ₹1,829 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹1,885₹1,633 -13.4% below
Net profit₹199₹102 -48.7% below

Sri Lotus Developers and Realty Limited

LOTUSDEV · Real Estate · Q4 FY26 · Consolidated
M Cap
₹11,276 Cr
P/E
42.9
PEG
—
  • Operating margin contracted 1793 bps YoY
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +61.8%+37.3% 307224190
Operating profit +11.3%+52.7% 12179.4109
OPM % -1793 bps+398 bps 39.4%35.5%57.4%
Other income +81.7%-7.7% 14.515.88.0
Net profit? +17.4%+43.7% 10170.286.0
PAT margin % -1244 bps+147 bps 32.8%31.3%45.3%
EPS (₹) -0.5%+37.1% 1.961.431.97

Quality of profit

Core 89%Other income & one-offs 11%

Pre-tax profit ₹135 Cr: core business ₹120 Cr, other income ₹14.5 Cr.

Core profit YoY: +10.4% · reported profit +17.4%

Vedanta Iron and Steel Limited

VISL · Iron & Steel · Q4 FY26 · Consolidated
M Cap
₹11,227 Cr
P/E
—
PEG
—
₹ Cr Mar 2026
Sales 3,863
Operating profit 553
OPM % 14.3%
Other income -1,289
Net profit? -1,939
PAT margin % -50.2%
EPS (₹) -191300.00

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

Quality of profit

Pre-tax profit −₹1,388 Cr: core business −₹99.0 Cr, other income −₹1,289 Cr.

Aptus Value Housing Finance India Limited

APTUS · Housing Finance · Q4 FY26 · Consolidated
M Cap
₹11,186 Cr
P/E
11.4
PEG
0.49
  • Gross NPA up 33 bps YoY
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Total income +18.8%+4.3% 593569499
Net interest income +23.6%— 413—334
Other income +25.0%— 19.0—15.2
Net profit? +26.1%+10.5% 261236207
EPS (₹) +25.5%+10.4% 5.214.724.15
Gross NPA % +33 bps-4 bps 1.5%1.6%1.2%
Net NPA % +26 bps-3 bps 1.1%1.2%0.9%

Against its own trend ?

TrendActualGap
Net profit₹260₹261 +0.6% in line

Metropolis Healthcare Limited

METROPOLIS · Hospitals & Healthcare Services · Q4 FY26 · Consolidated
M Cap
₹11,094 Cr
P/E
54.7
PEG
4.97
  • Profit +50% above its own trend
  • Operating margin expanded 739 bps YoY
  • Core business grew faster than reported profit (core profit +112%)
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +23.0%+4.6% 425406345
Operating profit +73.4%+13.9% 10894.862.3
OPM % +739 bps+207 bps 25.4%23.4%18.0%
Other income +17.1%-9.5% 8.29.07.0
Net profit? +74.3%+21.1% 51.042.129.2
PAT margin % +353 bps+163 bps 12.0%10.4%8.5%
EPS (₹) +72.9%+23.2% 2.46adj. 2.00adj. 1.42

EPS restated for the 3:1 bonus of Mar 2026: Dec 2025 ₹7.99 to ₹2.00; Mar 2025 ₹5.69 to ₹1.42.

Quality of profit

Core 88%Other income & one-offs 12%

Pre-tax profit ₹69.8 Cr: core business ₹61.5 Cr, other income ₹8.2 Cr.

Core profit YoY: +111.5% · reported profit +74.3%

Cash & debt

FY26 cash from operations ₹351 Cr: 184% of FY26 net profit of ₹191 Cr.

Borrowings ₹232 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹425₹425 +0.0% in line
Net profit₹33.9₹51.0 +50.3% above
M Cap
₹10,978 Cr
P/E
25.4
PEG
0.75
  • Profit -35% below its own trend
  • Operating margin contracted 249 bps YoY
  • Operating cash flow was negative in FY26 despite a profit
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +23.8%+15.8% 1,010872816
Operating profit +3.9%+4.7% 132126127
OPM % -249 bps-139 bps 13.1%14.5%15.6%
Other income -39.6%+1.0% 32.031.753.0
Net profit? -14.8%-3.6% 115119135
PAT margin % -516 bps-229 bps 11.4%13.7%16.5%
EPS (₹) -14.9%-3.9% 9.8510.2511.58

Quality of profit

Core 79%Other income & one-offs 21%

Pre-tax profit ₹155 Cr: core business ₹123 Cr, other income ₹32.0 Cr.

Core profit YoY: +1.7% · reported profit -14.8%

Cash & debt

FY26 cash from operations −₹590 Cr: -124% of FY26 net profit of ₹474 Cr.

Borrowings ₹72.0 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹1,328₹1,010 -24.0% below
Net profit₹177₹115 -35.2% below

Gravita India Limited

GRAVITA · Mining & Minerals · Q4 FY26 · Consolidated
M Cap
₹10,936 Cr
P/E
27.9
PEG
1.21
  • Profit -29% below its own trend
  • Core business grew faster than reported profit (core profit +26%)
  • FY26 operating cash flow was only 45% of profit
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +13.1%+15.3% 1,1731,0171,037
Operating profit +22.8%-5.8% 11312092.0
OPM % +76 bps-217 bps 9.6%11.8%8.9%
Other income -75.0%-25.0% 9.012.036.0
Net profit? -3.2%-5.2% 92.097.095.0
PAT margin % -132 bps-169 bps 7.8%9.5%9.2%
EPS (₹) -3.4%-5.9% 12.4513.2312.89

Quality of profit

Core 92%Other income & one-offs 8%

Pre-tax profit ₹106 Cr: core business ₹98.0 Cr, other income ₹9.0 Cr, exceptional & other items −₹1.0 Cr.

Core profit YoY: +25.6% · reported profit -3.2%

Cash & debt

FY26 cash from operations ₹169 Cr: 45% of FY26 net profit of ₹378 Cr.

Borrowings ₹736 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹1,203₹1,173 -2.5% in line
Net profit₹129₹92.0 -28.5% below

Zensar Technologies Limited

ZENSARTECH · IT Services & Software · Q4 FY26 · Consolidated
M Cap
₹10,861 Cr
P/E
14.0
PEG
0.39
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +6.7%+1.3% 1,4501,4311,359
Operating profit +11.3%-5.6% 236250212
OPM % +68 bps-119 bps 16.3%17.5%15.6%
Other income +43.5%+73.7% 66.038.046.0
Net profit? +19.9%+5.5% 211200176
PAT margin % +160 bps+58 bps 14.6%14.0%13.0%
EPS (₹) +19.2%+5.3% 9.268.797.77

Quality of profit

Core 76%Other income & one-offs 24%

Pre-tax profit ₹276 Cr: core business ₹211 Cr, other income ₹66.0 Cr, exceptional & other items −₹1.0 Cr.

Core profit YoY: +15.3% · reported profit +19.9%

Cash & debt

FY26 cash from operations ₹771 Cr: 99% of FY26 net profit of ₹775 Cr.

Borrowings ₹79.0 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹1,472₹1,450 -1.5% in line
Net profit₹204₹211 +3.4% in line

Lloyds Enterprises Limited

LLOYDSENT · Trading & Distribution · Q4 FY26 · Consolidated
M Cap
₹10,834 Cr
P/E
38.8
PEG
0.50
  • Profit +124% above its own trend
  • Operating margin expanded 150 bps YoY
  • 76% of pre-tax profit came from other income and one-off items
  • Core business grew faster than reported profit (core profit +322%)
  • Operating cash flow was negative in FY26 despite a profit
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +36.8%+140.7% 720299526
Operating profit +80.0%+83.4% 45.024.525.0
OPM % +150 bps-195 bps 6.2%8.2%4.8%
Other income +81.1%+94.6% 67.034.437.0
Net profit? +176.0%+81.9% 69.037.925.0
PAT margin % +483 bps-309 bps 9.6%12.7%4.8%
EPS (₹) +333.3%-10.3% 0.260.290.06

Quality of profit

Core 24%Other income & one-offs 76%

Pre-tax profit ₹88.0 Cr: core business ₹21.0 Cr, other income ₹67.0 Cr.

Core profit YoY: +322.2% · reported profit +176.0%

Cash & debt

FY26 cash from operations −₹361 Cr: -86% of FY26 net profit of ₹418 Cr.

Borrowings ₹798 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹576₹720 +25.0% above
Net profit₹30.8₹69.0 +123.9% above

Karamtara Engineering Limited

KARAMTARA · Electrical Equipment · Q4 FY26 · Consolidated
M Cap
₹10,832 Cr
P/E
—
PEG
—
₹ Cr Mar 2026
Sales 1,257
Operating profit 106
OPM % 8.4%
Other income 2.0
Net profit? 38.0
PAT margin % 3.0%
EPS (₹) 1.31

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 ₹51.0 Cr: core business ₹50.0 Cr, other income ₹2.0 Cr, exceptional & other items −₹1.0 Cr.

IIFL Capital Services Limited

IIFLCAPS · NBFC & Finance Companies · Q4 FY26 · Consolidated
M Cap
₹10,809 Cr
P/E
18.9
PEG
0.61
  • Core business grew faster than reported profit (core profit +13%)
  • Operating cash flow was negative in FY26 despite a profit
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +19.9%+9.9% 644586537
Operating profit +20.4%+17.9% 224190186
OPM % +15 bps+236 bps 34.8%32.4%34.6%
Other income -72.2%-92.5% 10.013436.0
Net profit? -10.2%-38.8% 115188128
PAT margin % -598 bps-1422 bps 17.9%32.1%23.8%
EPS (₹) -10.9%-38.8% 3.686.014.13

Quality of profit

Core 93%Other income & one-offs 7%

Pre-tax profit ₹155 Cr: core business ₹144 Cr, other income ₹10.0 Cr, exceptional & other items ₹1.0 Cr.

Core profit YoY: +13.4% · reported profit -10.2%

Cash & debt

FY26 cash from operations −₹1,070 Cr: -190% of FY26 net profit of ₹564 Cr.

Borrowings ₹1,821 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹497₹644 +29.6% above
Net profit₹106₹115 +8.1% in line

Blue Dart Express Limited

BLUEDART · Logistics · Q4 FY26 · Consolidated
M Cap
₹10,752 Cr
P/E
37.5
PEG
—
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +8.2%-5.1% 1,5331,6161,417
Operating profit +4.2%-21.0% 222281213
OPM % -56 bps-291 bps 14.5%17.4%15.0%
Other income -2.2%from loss 12.0-33.012.3
Net profit? -11.2%-27.9% 49.068.055.1
PAT margin % -69 bps-101 bps 3.2%4.2%3.9%
EPS (₹) -11.4%-28.5% 20.5928.8023.24

Quality of profit

Core 82%Other income & one-offs 18%

Pre-tax profit ₹73.0 Cr: core business ₹60.0 Cr, other income ₹12.0 Cr, exceptional & other items ₹1.0 Cr.

Core profit YoY: -12.8% · reported profit -11.2%

Cash & debt

FY26 cash from operations ₹810 Cr: 328% of FY26 net profit of ₹247 Cr.

Borrowings ₹1,142 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹1,517₹1,533 +1.0% in line
Net profit₹48.4₹49.0 +1.3% in line

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.

⚠️ 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