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, 21:52 IST 5115 declared
The next results season has started: 45 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 22 of 171

Alkyl Amines Chemicals Limited

ALKYLAMINE · Chemicals · Q4 FY26 · Standalone
M Cap
₹9,390 Cr
P/E
41.8
PEG
—
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +0.3%+9.3% 387354386
Operating profit +4.4%+6.0% 71.067.068.0
OPM % +73 bps-58 bps 18.3%18.9%17.6%
Other income -11.1%+0.0% 8.08.09.0
Net profit -2.2%+7.1% 45.042.046.0
PAT margin % -29 bps-24 bps 11.6%11.9%11.9%
EPS (₹) -1.4%+7.4% 8.878.269.00

Quality of profit

Core 87%Other income & one-offs 13%

Pre-tax profit ₹61.0 Cr: core business ₹53.0 Cr, other income ₹8.0 Cr.

Core profit YoY: +6.0% · reported profit -2.2%

Cash & debt

FY26 cash from operations ₹239 Cr: 134% of FY26 net profit of ₹179 Cr.

Borrowings ₹1.0 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹380₹387 +1.8% in line
Net profit₹45.0₹45.0 +0.1% in line
Detailed financials →

Finolex Industries Limited

FINPIPE · Plastic Products · Q4 FY26 · Consolidated
M Cap
₹9,358 Cr
P/E
15.6
PEG
0.41
  • Profit +62% above its own trend
  • Operating margin expanded 1065 bps YoY
  • Core business grew faster than reported profit (core profit +116%)
  • FY26 operating cash flow was only 32% of profit
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +12.1%+46.4% 1,3148981,172
Operating profit +93.8%+169.7% 332123171
OPM % +1065 bps+1156 bps 25.3%13.7%14.6%
Other income -17.9%+1.0% 53.052.564.6
Net profit? +73.7%+124.8% 261116150
PAT margin % +704 bps+693 bps 19.9%12.9%12.8%
EPS (₹) +73.3%+123.9% 4.211.882.43

Quality of profit

Core 85%Other income & one-offs 15%

Pre-tax profit ₹351 Cr: core business ₹298 Cr, other income ₹53.0 Cr.

Core profit YoY: +115.6% · reported profit +73.7%

Cash & debt

FY26 cash from operations ₹192 Cr: 32% of FY26 net profit of ₹599 Cr.

Borrowings ₹446 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹1,092₹1,314 +20.3% above
Net profit₹161₹261 +61.9% above
📊 Investor presentation (06 Aug) Detailed financials →

POWERGRID Infrastructure Investment Trust

PGINVIT · Power Generation & Utilities · Q4 FY26 · Consolidated
M Cap
₹9,357 Cr
P/E
5.9
PEG
0.07
  • Profit -25% below its own trend
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +304.5%+296.9% 1,258317311
Operating profit +34.6%+335.2% 1,293297960
Other income +329.1%+382.7% 38.68.09.0
Net profit? +32.7%+360.5% 912198687
PAT margin % —+1002 bps 72.5%62.5%—
EPS (₹) +32.7%+361.8% 10.022.177.55

Quality of profit

Core 96%Other income & one-offs 4%

Pre-tax profit ₹940 Cr: core business ₹901 Cr, other income ₹38.6 Cr.

Core profit YoY: +4.7% · reported profit +32.7%

Cash & debt

FY26 cash from operations ₹1,176 Cr: 74% of FY26 net profit of ₹1,580 Cr.

Borrowings ₹1,064 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹308₹1,258 +308.3% above
Net profit₹1,210₹912 -24.6% below
Detailed financials →

Unimech Aerospace and Manufacturing Limited

UNIMECH · Engineering & Capital Goods · Q4 FY26 · Consolidated
M Cap
₹9,331 Cr
P/E
129.7
PEG
3.16
  • Operating margin expanded 151 bps YoY
  • 47% of pre-tax profit came from other income and one-off items
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +20.6%+143.2% 82.033.768.0
Operating profit +25.0%— 35.01.528.0
OPM % +151 bps+3811 bps 42.7%4.6%41.2%
Other income +50.0%+37.6% 15.010.910.0
Net profit? -11.0%+989.7% 26.02.429.2
PAT margin % -1124 bps+2463 bps 31.7%7.1%42.9%
EPS (₹) -10.6%+991.5% 5.130.475.74

Quality of profit

Core 53%Other income & one-offs 47%

Pre-tax profit ₹32.0 Cr: core business ₹17.0 Cr, other income ₹15.0 Cr.

Core profit YoY: -26.1% · reported profit -11.0%

Cash & debt

FY26 cash from operations ₹61.0 Cr: 97% of FY26 net profit of ₹63.1 Cr.

Borrowings ₹127 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹70.9₹82.0 +15.7% above
Net profit₹25.9₹26.0 +0.3% in line
📊 Investor presentation (03 Aug) Detailed financials →

Jayaswal Neco Industries Limited

JAYNECOIND · Iron & Steel · Q4 FY26 · Consolidated
M Cap
₹9,309 Cr
P/E
—
PEG
—
  • Operating margin contracted 136 bps YoY
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +17.8%+14.3% 1,9741,7271,675
Operating profit +10.0%+61.1% 376233342
OPM % -136 bps+553 bps 19.0%13.5%20.4%
Other income +73.3%+241.5% 4.61.42.7
Net profit? +87.8%— 191—102
PAT margin % +360 bps— 9.7%—6.1%
EPS (₹) +87.6%— 1.97—1.05

Quality of profit

Core 98%Other income & one-offs 2%

Pre-tax profit ₹236 Cr: core business ₹232 Cr, other income ₹4.6 Cr.

Core profit YoY: +73.1% · reported profit +87.8%

Detailed financials →

Kennametal India

KENNAMET · Castings & Forgings · Q4 FY26 · Standalone
M Cap
₹9,275 Cr
P/E
47.6
PEG
—
  • Profit +100% above its own trend
  • Operating margin expanded 531 bps YoY
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +39.0%+20.7% 403334290
Operating profit +92.5%+71.1% 77.045.040.0
OPM % +531 bps+563 bps 19.1%13.5%13.8%
Other income +0.0%+100.0% 4.02.04.0
Net profit +112.5%+112.5% 51.024.024.0
PAT margin % +438 bps+547 bps 12.7%7.2%8.3%
EPS (₹) +110.7%+110.7% 23.3911.1011.10

Quality of profit

Core 94%Other income & one-offs 6%

Pre-tax profit ₹69.0 Cr: core business ₹65.0 Cr, other income ₹4.0 Cr.

Core profit YoY: +132.1% · reported profit +112.5%

Cash & debt

Borrowings ₹2.0 Cr at Dec 2025, against ₹2.0 Cr at Jun 2025 (+0%).

Against its own trend ?

TrendActualGap
Sales₹315₹403 +27.8% above
Net profit₹25.5₹51.0 +100.1% above
Detailed financials →

WESTLIFE FOODWORLD LIMITED

WESTLIFE · Hotels & Resorts · Q4 FY26 · Consolidated
M Cap
₹9,241 Cr
P/E
291.6
PEG
—
  • Profit +31% above its own trend
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +8.7%-2.3% 655671603
Operating profit +12.8%-10.9% 86.997.577.0
OPM % +48 bps-128 bps 13.3%14.5%12.8%
Other income -34.7%-12.4% 6.57.49.9
Net profit? +56.2%+132.8% 2.41.01.5
PAT margin % +11 bps+21 bps 0.4%0.2%0.3%
EPS (₹) +50.0%+114.3% 0.150.070.10

Quality of profit

Pre-tax profit −₹1.0 Cr: core business −₹7.4 Cr, other income ₹6.5 Cr.

Core profit YoY: loss narrowed · reported profit +56.2%

Cash & debt

FY26 cash from operations ₹352 Cr: 1089% of FY26 net profit of ₹32.3 Cr.

Borrowings ₹1,805 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹635₹655 +3.2% in line
Net profit₹1.8₹2.4 +31.4% above
📊 Investor presentation (30 Jul) Detailed financials →

Jupiter Wagons Limited

JWL · Engineering & Capital Goods · Q4 FY26 · Consolidated
M Cap
₹9,241 Cr
P/E
57.6
PEG
3.84
  • Profit -54% below its own trend
  • Operating margin contracted 394 bps YoY
  • FY26 operating cash flow was only 5% of profit
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales -25.4%-12.4% 7808901,045
Operating profit -46.3%-30.1% 79.0113147
OPM % -394 bps-257 bps 10.1%12.7%14.1%
Other income -83.3%-77.8% 2.09.012.0
Net profit? -73.8%-56.5% 27.062.0103
PAT margin % -639 bps-350 bps 3.5%7.0%9.9%
EPS (₹) -72.4%-54.4% 0.671.472.43

Quality of profit

Core 98%Other income & one-offs 2%

Pre-tax profit ₹46.0 Cr: core business ₹45.0 Cr, other income ₹2.0 Cr, exceptional & other items −₹1.0 Cr.

Core profit YoY: -60.9% · reported profit -73.8%

Cash & debt

FY26 cash from operations ₹9.0 Cr: 5% of FY26 net profit of ₹165 Cr.

Borrowings ₹996 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹858₹780 -9.1% below
Net profit₹59.2₹27.0 -54.4% below
📊 Investor presentation (14 Aug) Detailed financials →

Sudarshan Chemical Industries Limited

SUDARSCHEM · Dyes & Pigments · Q4 FY26 · Consolidated
M Cap
₹9,142 Cr
P/E
103.4
PEG
—
  • Operating margin contracted 128 bps YoY
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +106.8%+32.7% 2,7902,1031,349
Operating profit +78.7%+497.4% 22738.0127
OPM % -128 bps+633 bps 8.1%1.8%9.4%
Other income from lossfrom loss 32.0-24.0-38.0
Net profit? —from loss 82.0-1160.0
PAT margin % +294 bps+845 bps 2.9%-5.5%0.0%
EPS (₹) from lossfrom loss 10.01-14.67-0.52

Quality of profit

Core 81%Other income & one-offs 19%

Pre-tax profit ₹168 Cr: core business ₹136 Cr, other income ₹32.0 Cr.

Core profit YoY: +177.6%

Cash & debt

FY26 cash from operations ₹344 Cr: 860% of FY26 net profit of ₹40.0 Cr.

Borrowings ₹2,473 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹2,698₹2,790 +3.4% in line
📊 Investor presentation (13 Aug) Detailed financials →

Transformers And Rectifiers (India) Limited

TARIL · Electrical Equipment · Q4 FY26 · Consolidated
M Cap
₹9,125 Cr
P/E
29.1
PEG
0.34
  • Profit -47% below its own trend
  • Operating margin contracted 427 bps YoY
  • Operating cash flow was negative in FY26 despite a profit
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +15.7%+6.2% 783737676
Operating profit -9.7%-5.2% 118125131
OPM % -427 bps-182 bps 15.1%17.0%19.4%
Other income +222.3%+459.2% 22.44.06.9
Net profit? -3.0%+20.2% 91.476.094.2
PAT margin % -225 bps+136 bps 11.7%10.3%13.9%
EPS (₹) -4.1%+23.6% 3.042.463.17

Quality of profit

Core 81%Other income & one-offs 19%

Pre-tax profit ₹119 Cr: core business ₹97.1 Cr, other income ₹22.4 Cr.

Core profit YoY: -11.0% · reported profit -3.0%

Cash & debt

FY26 cash from operations −₹105 Cr: -39% of FY26 net profit of ₹272 Cr.

Borrowings ₹457 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹892₹783 -12.3% below
Net profit₹171₹91.4 -46.6% below
📊 Investor presentation (13 Oct) Detailed financials →

KRBL Limited

KRBL · Packaged Foods & Food Processing · Q4 FY26 · Consolidated
M Cap
₹9,078 Cr
P/E
12.0
PEG
—
  • Profit -33% below its own trend
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +5.8%+3.3% 1,5261,4771,442
Operating profit +2.3%+0.2% 229229224
OPM % -51 bps-47 bps 15.0%15.5%15.5%
Other income -24.7%-66.4% 8.324.611.0
Net profit? +0.9%-8.6% 155170154
PAT margin % -49 bps-132 bps 10.2%11.5%10.7%
EPS (₹) +0.7%-8.6% 6.797.436.74

Quality of profit

Core 96%Other income & one-offs 4%

Pre-tax profit ₹210 Cr: core business ₹202 Cr, other income ₹8.3 Cr.

Core profit YoY: +3.5% · reported profit +0.9%

Cash & debt

FY26 cash from operations ₹933 Cr: 144% of FY26 net profit of ₹648 Cr.

Borrowings ₹170 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹1,646₹1,526 -7.3% below
Net profit₹233₹155 -33.3% below
📊 Investor presentation (14 Aug) Detailed financials →

KRN Heat Exchanger and Refrigeration Limited

KRN · Engineering & Capital Goods · Q4 FY26 · Consolidated
M Cap
₹9,038 Cr
P/E
93.2
PEG
—
  • Profit +15% above its own trend
  • Operating margin expanded 432 bps YoY
  • Operating cash flow was negative in FY26 despite a profit
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +36.5%+17.1% 179153132
Operating profit +77.6%+8.0% 33.531.118.9
OPM % +432 bps-159 bps 18.7%20.3%14.4%
Other income -55.7%+2.7% 1.91.94.3
Net profit? +57.1%+3.1% 23.422.714.9
PAT margin % +171 bps-177 bps 13.0%14.8%11.3%
EPS (₹) +56.9%+2.7% 3.753.652.39

Quality of profit

Core 93%Other income & one-offs 7%

Pre-tax profit ₹26.8 Cr: core business ₹24.9 Cr, other income ₹1.9 Cr.

Core profit YoY: +48.5% · reported profit +57.1%

Cash & debt

FY26 cash from operations −₹114 Cr: -149% of FY26 net profit of ₹76.4 Cr.

Borrowings ₹187 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹196₹179 -8.5% below
Net profit₹20.4₹23.4 +14.7% above
📊 Investor presentation (13 Aug) Detailed financials →

Tips Music Limited

TIPSMUSIC · Media & Entertainment · Q4 FY26 · Consolidated
M Cap
₹9,032 Cr
P/E
42.1
PEG
—
  • Operating margin expanded 2652 bps YoY
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +32.4%+10.2% 10494.378.5
Operating profit +106.4%+3.2% 76.974.537.3
OPM % +2652 bps-502 bps 74.0%79.0%47.5%
Other income -18.9%-21.3% 3.84.84.7
Net profit? +92.9%+0.7% 59.158.730.6
PAT margin % +1782 bps-539 bps 56.8%62.2%39.0%
EPS (₹) +93.3%+0.7% 4.624.592.39

Quality of profit

Core 95%Other income & one-offs 5%

Pre-tax profit ₹80.0 Cr: core business ₹76.3 Cr, other income ₹3.8 Cr.

Core profit YoY: +108.1% · reported profit +92.9%

📊 Investor presentation (22 Jul) Detailed financials →

BLS International Services Limited

BLS · IT Services & Software · Q4 FY26 · Consolidated
M Cap
₹9,006 Cr
P/E
12.1
PEG
0.24
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +17.6%+10.7% 815736693
Operating profit +17.2%+3.0% 204198174
OPM % -10 bps-185 bps 25.0%26.9%25.1%
Other income +20.8%+43.2% 30.021.024.8
Net profit? +28.8%+9.9% 187170145
PAT margin % +198 bps-17 bps 22.9%23.1%21.0%
EPS (₹) +31.7%+9.4% 4.323.953.28

Quality of profit

Core 85%Other income & one-offs 15%

Pre-tax profit ₹204 Cr: core business ₹173 Cr, other income ₹30.0 Cr, exceptional & other items ₹1.0 Cr.

Core profit YoY: +22.0% · reported profit +28.8%

Cash & debt

FY26 cash from operations ₹903 Cr: 125% of FY26 net profit of ₹724 Cr.

Borrowings ₹431 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹1,015₹815 -19.7% below
Net profit₹205₹187 -9.0% in line
📊 Investor presentation (07 Aug) Detailed financials →

Afcons Infrastructure Limited

AFCONS · Construction & Infrastructure · Q4 FY26 · Consolidated
M Cap
₹8,997 Cr
P/E
62.8
PEG
—
  • Into loss: a profit a year ago
  • Profit -204% below its own trend
  • Operating margin contracted 746 bps YoY
  • Operating cash flow was negative in FY26 despite a profit
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales -18.9%-12.2% 2,6142,9763,223
Operating profit -85.4%-89.5% 43.0410294
OPM % -746 bps-1214 bps 1.6%13.8%9.1%
Other income -0.7%+228.0% 16349.7164
Net profit? to lossto loss -89.096.8111
PAT margin % -685 bps-666 bps -3.4%3.3%3.4%
EPS (₹) to lossto loss -2.402.633.02

Quality of profit

Pre-tax profit −₹69.0 Cr: core business −₹232 Cr, other income ₹163 Cr.

Core profit YoY: to loss

Cash & debt

FY26 cash from operations −₹127 Cr: -51% of FY26 net profit of ₹250 Cr.

Borrowings ₹3,627 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹3,121₹2,614 -16.2% below
Net profit₹85.5−₹89.0 -204.1% below
📊 Investor presentation (18 May) Detailed financials →

Blue Jet Healthcare Limited

BLUEJET · Pharmaceuticals · Q4 FY26 · Standalone
M Cap
₹8,983 Cr
P/E
—
PEG
—
  • Profit -66% below its own trend
  • Operating margin contracted 1096 bps YoY
  • 26% of pre-tax profit came from other income and one-off items
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales -30.9%+23.0% 235191340
Operating profit -49.3%-26.8% 71.097.0140
OPM % -1096 bps-2052 bps 30.2%50.7%41.2%
Other income +91.7%+275.2% 23.06.112.0
Net profit -41.8%-9.7% 64.070.8110
PAT margin % -512 bps-983 bps 27.2%37.1%32.4%
EPS (₹) -41.6%-9.3% 3.714.096.35

Quality of profit

Core 74%Other income & one-offs 26%

Pre-tax profit ₹87.0 Cr: core business ₹64.0 Cr, other income ₹23.0 Cr.

Core profit YoY: -52.6% · reported profit -41.8%

Cash & debt

FY26 cash from operations ₹334 Cr: 120% of FY26 net profit of ₹278 Cr.

Borrowings ₹42.0 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹511₹235 -54.1% below
Net profit₹188₹64.0 -65.9% below
📊 Investor presentation (25 May) Detailed financials →

Max Estates Limited

MAXESTATES · Construction & Infrastructure · Q4 FY26 · Consolidated
M Cap
₹8,943 Cr
P/E
738.3
PEG
—
  • Into loss: a profit a year ago
  • Operating margin contracted 2924 bps YoY
  • Operating cash flow was negative in FY26 despite a profit
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +24.2%-0.7% 49.449.839.8
Operating profit to lossto loss -3.22.99.1
OPM % -2924 bps-1236 bps -6.5%5.9%22.8%
Other income -43.6%-2.4% 21.121.737.5
Net profit? to lossto loss -4.10.014.0
PAT margin % -4343 bps-830 bps -8.3%0.1%35.2%
EPS (₹) to loss— -0.310.000.90

Quality of profit

Pre-tax profit −₹6.2 Cr: core business −₹27.3 Cr, other income ₹21.1 Cr.

Core profit YoY: loss widened

Cash & debt

FY26 cash from operations −₹616 Cr: -3925% of FY26 net profit of ₹15.7 Cr.

Borrowings ₹2,412 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹25.5₹49.4 +93.6% above
Detailed financials →

SML Mahindra Limited

SMLMAH · Commercial Vehicles · Q4 FY26 · Standalone
M Cap
₹8,931 Cr
P/E
57.0
PEG
—
  • Operating margin contracted 165 bps YoY
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +16.5%+66.6% 898539771
Operating profit +0.0%+119.5% 90.041.090.0
OPM % -165 bps+242 bps 10.0%7.6%11.7%
Other income +50.0%+50.0% 3.02.02.0
Net profit +1.9%+200.0% 54.018.053.0
PAT margin % -86 bps+267 bps 6.0%3.3%6.9%
EPS (₹) +2.4%+209.0% 37.4512.1236.59

Quality of profit

Core 96%Other income & one-offs 4%

Pre-tax profit ₹73.0 Cr: core business ₹70.0 Cr, other income ₹3.0 Cr.

Core profit YoY: +1.4% · reported profit +1.9%

📊 Investor presentation (29 Jul) Detailed financials →

TSF INVESTMENTS LIMITED

TSFINV · Investment & Holding Companies · Q4 FY26 · Consolidated
M Cap
₹8,899 Cr
P/E
17.9
PEG
—
  • Operating margin contracted 5638 bps YoY
  • Profit grew faster than the core business (core profit +28%)
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +508.2%+15.5% 29825849.0
Operating profit +54.1%+16.3% 57.049.037.0
OPM % -5638 bps+14 bps 19.1%19.0%75.5%
Other income +350.0%+350.0% 9.02.02.0
Net profit? +53.3%+56.2% 164105107
PAT margin % —+1434 bps 55.0%40.7%—
EPS (₹) +50.4%+56.3% 7.254.644.82

Quality of profit

Core 82%Other income & one-offs 18%

Pre-tax profit ₹56.0 Cr: core business ₹46.0 Cr, other income ₹9.0 Cr, exceptional & other items ₹1.0 Cr.

Core profit YoY: +27.8% · reported profit +53.3%

Detailed financials →

Aditya Birla Lifestyle Brands Limited

ABLBL · Retail · Q4 FY26 · Consolidated
M Cap
₹8,889 Cr
P/E
50.4
PEG
—
  • Core business grew faster than reported profit (core profit +195%)
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +11.9%-7.2% 2,1742,3431,942
Operating profit +13.9%-14.6% 352412309
OPM % +28 bps-139 bps 16.2%17.6%15.9%
Other income -28.6%from loss 15.0-22.021.0
Net profit? +44.7%-20.3% 55.069.038.0
PAT margin % +57 bps-42 bps 2.5%2.9%2.0%
EPS (₹) —-21.1% 0.450.57—

Quality of profit

Core 80%Other income & one-offs 20%

Pre-tax profit ₹70.0 Cr: core business ₹56.0 Cr, other income ₹15.0 Cr, exceptional & other items −₹1.0 Cr.

Core profit YoY: +194.7% · reported profit +44.7%

📊 Investor presentation (01 Aug) Detailed financials →

Indo Count Industries Limited

ICIL · Textiles · Q4 FY26 · Consolidated
M Cap
₹8,878 Cr
P/E
59.1
PEG
—
  • Profit +487% above its own trend
  • All of pre-tax profit came from other income or one-off items
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +3.4%-0.5% 1,0581,0631,023
Operating profit -4.4%-5.5% 86.091.090.0
OPM % -67 bps-43 bps 8.1%8.6%8.8%
Other income +400.0%+172.7% 30.011.06.0
Net profit? +193.4%+0.0% 24.024.08.2
PAT margin % +147 bps+1 bps 2.3%2.3%0.8%
EPS (₹) +15.1%-0.8% 1.221.231.06

Quality of profit

Pre-tax profit ₹30.0 Cr: core business −₹1.0 Cr, other income ₹30.0 Cr, exceptional & other items ₹1.0 Cr.

Core profit YoY: to loss · reported profit +193.4%

Cash & debt

FY26 cash from operations ₹573 Cr: 450% of FY26 net profit of ₹127 Cr.

Borrowings ₹1,342 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹1,010₹1,058 +4.7% in line
Net profit₹4.1₹24.0 +486.8% above
📊 Investor presentation (12 Aug) Detailed financials →

AXISCADES Technologies Limited

AXISCADES · IT Services & Software · Q4 FY26 · Consolidated
M Cap
₹8,876 Cr
P/E
—
PEG
—
  • Profit -99% below its own trend
  • Operating margin contracted 172 bps YoY
  • Operating cash flow was negative in FY26 despite a profit
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +1.9%-20.4% 273343268
Operating profit -10.7%-43.9% 33.559.637.5
OPM % -172 bps-512 bps 12.3%17.4%14.0%
Other income -75.8%-51.7% 0.91.93.9
Net profit? -98.7%-98.5% 0.427.731.5
PAT margin % -1160 bps-791 bps 0.2%8.1%11.8%
EPS (₹) -98.6%-98.5% 0.106.527.24

Quality of profit

Core 91%Other income & one-offs 9%

Pre-tax profit ₹10.5 Cr: core business ₹9.6 Cr, other income ₹0.9 Cr.

Core profit YoY: -51.0% · reported profit -98.7%

Cash & debt

FY26 cash from operations −₹1.0 Cr: -1% of FY26 net profit of ₹72.1 Cr.

Borrowings ₹388 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹297₹273 -8.2% below
Net profit₹59.2₹0.4 -99.3% below
📊 Investor presentation (13 Aug) Detailed financials →

Time Technoplast Limited

TIMETECHNO · Plastic Products · Q4 FY26 · Consolidated
M Cap
₹8,859 Cr
P/E
17.8
PEG
0.61
  • FY26 operating cash flow was only 49% of profit
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +14.2%+7.2% 1,6771,5651,469
Operating profit +12.8%+3.2% 241234214
OPM % -18 bps-55 bps 14.4%14.9%14.5%
Other income +140.4%+118.3% 5.02.32.1
Net profit? +19.8%+4.3% 134129112
PAT margin % +38 bps-22 bps 8.0%8.2%7.6%
EPS (₹) +10.6%-2.9% 2.672.75adj. 2.42

EPS restated for the 1:1 bonus of Sep 2025: Mar 2025 ₹4.83 to ₹2.42.

Quality of profit

Core 97%Other income & one-offs 3%

Pre-tax profit ₹181 Cr: core business ₹176 Cr, other income ₹5.0 Cr.

Core profit YoY: +19.2% · reported profit +19.8%

Cash & debt

FY26 cash from operations ₹233 Cr: 49% of FY26 net profit of ₹476 Cr.

Borrowings ₹733 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹1,617₹1,677 +3.7% in line
Net profit₹133₹134 +0.5% in line
📊 Investor presentation (05 Aug) Detailed financials →

Lemon Tree Hotels Limited

LEMONTREE · Hotels & Resorts · Q4 FY26 · Consolidated
M Cap
₹8,858 Cr
P/E
30.8
PEG
1.06
  • Profit -14% below its own trend
  • Operating margin contracted 224 bps YoY
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +9.9%+2.5% 416406379
Operating profit +5.3%+4.9% 215205204
OPM % -224 bps+119 bps 51.7%50.5%53.9%
Other income -72.2%from loss 1.0-30.03.6
Net profit? +7.3%+41.5% 11682.0108
PAT margin % -69 bps+769 bps 27.9%20.2%28.6%
EPS (₹) +7.5%+45.6% 1.150.791.07

Quality of profit

Core 99%Other income & one-offs 1%

Pre-tax profit ₹142 Cr: core business ₹141 Cr, other income ₹1.0 Cr.

Core profit YoY: +18.8% · reported profit +7.3%

Cash & debt

FY26 cash from operations ₹542 Cr: 188% of FY26 net profit of ₹288 Cr.

Borrowings ₹2,004 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹435₹416 -4.4% in line
Net profit₹134₹116 -13.7% below
📊 Investor presentation (07 Aug) Detailed financials →

P N Gadgil Jewellers Limited

PNGJL · Gems & Jewellery · Q4 FY26 · Consolidated
M Cap
₹8,791 Cr
P/E
19.7
PEG
0.26
  • Profit -27% below its own trend
  • Operating margin contracted 211 bps YoY
  • 26% 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 +123.2%+7.3% 3,5443,3031,588
Operating profit +43.6%-44.7% 13524494.0
OPM % -211 bps-358 bps 3.8%7.4%5.9%
Other income +106.7%+29.2% 31.024.015.0
Net profit? +45.2%-47.4% 90.017162.0
PAT margin % -136 bps-264 bps 2.5%5.2%3.9%
EPS (₹) +45.5%-47.2% 6.6512.594.57

Quality of profit

Core 74%Other income & one-offs 26%

Pre-tax profit ₹122 Cr: core business ₹90.0 Cr, other income ₹31.0 Cr, exceptional & other items ₹1.0 Cr.

Core profit YoY: +28.6% · reported profit +45.2%

Cash & debt

FY26 cash from operations −₹717 Cr: -175% of FY26 net profit of ₹409 Cr.

Borrowings ₹1,737 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹1,698₹3,544 +108.7% above
Net profit₹123₹90.0 -26.7% below
📊 Investor presentation (27 Jul) Detailed financials →

Procter & Gamble Health Limited

PGHL · Pharmaceuticals · Q4 FY26 · Standalone
M Cap
₹8,790 Cr
P/E
24.5
PEG
1.29
  • Profit +31% above its own trend
  • Operating margin expanded 1071 bps YoY
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +19.0%-1.1% 370374311
Operating profit +67.9%+23.6% 13611081.0
OPM % +1071 bps+734 bps 36.8%29.4%26.0%
Other income +33.3%+0.0% 4.04.03.0
Net profit +55.7%+21.8% 95.078.061.0
PAT margin % +606 bps+482 bps 25.7%20.9%19.6%
EPS (₹) +54.6%+21.9% 56.9946.7436.86

Quality of profit

Core 98%Other income & one-offs 2%

Pre-tax profit ₹133 Cr: core business ₹130 Cr, other income ₹4.0 Cr, exceptional & other items −₹1.0 Cr.

Core profit YoY: +71.1% · reported profit +55.7%

Cash & debt

FY26 cash from operations ₹338 Cr: 103% of FY26 net profit of ₹328 Cr.

Borrowings ₹9.0 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹373₹370 -0.9% in line
Net profit₹72.7₹95.0 +30.7% above
📊 Investor presentation (18 Jun) Detailed financials →

Kingfa Science & Technology (India) Limited

KINGFA · Plastic Products · Q4 FY26 · Standalone
M Cap
₹8,778 Cr
P/E
38.9
PEG
1.22
  • Profit +20% above its own trend
  • Operating margin expanded 114 bps YoY
  • FY26 operating cash flow was only 36% of profit
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +23.1%+18.1% 578489470
Operating profit +34.0%+30.9% 81.061.960.5
OPM % +114 bps+137 bps 14.0%12.6%12.9%
Other income +262.9%-0.9% 7.07.11.9
Net profit +40.8%+30.6% 59.045.241.9
PAT margin % +128 bps+98 bps 10.2%9.2%8.9%
EPS (₹) +26.2%+30.9% 43.6533.3434.60

Quality of profit

Core 90%Other income & one-offs 10%

Pre-tax profit ₹80.0 Cr: core business ₹72.0 Cr, other income ₹7.0 Cr, exceptional & other items ₹1.0 Cr.

Core profit YoY: +37.4% · reported profit +40.8%

Cash & debt

FY26 cash from operations ₹66.0 Cr: 36% of FY26 net profit of ₹185 Cr.

Borrowings ₹15.0 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹522₹578 +10.6% above
Net profit₹49.2₹59.0 +19.9% above
Detailed financials →

Olectra Greentech Limited

OLECTRA · Commercial Vehicles · Q4 FY26 · Consolidated
M Cap
₹8,718 Cr
P/E
48.5
PEG
1.24
  • Profit +161% above its own trend
  • Operating margin expanded 291 bps YoY
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +43.7%-2.8% 645664449
Operating profit +76.9%+7.3% 10093.256.5
OPM % +291 bps+146 bps 15.5%14.0%12.6%
Other income +54.7%+100.0% 7.03.54.5
Net profit? +175.5%+22.1% 57.046.720.7
PAT margin % +423 bps+180 bps 8.8%7.0%4.6%
EPS (₹) +164.1%+19.6% 6.765.652.56

Quality of profit

Core 92%Other income & one-offs 8%

Pre-tax profit ₹80.0 Cr: core business ₹74.0 Cr, other income ₹7.0 Cr, exceptional & other items −₹1.0 Cr.

Core profit YoY: +169.7% · reported profit +175.5%

Cash & debt

FY26 cash from operations ₹104 Cr: 58% of FY26 net profit of ₹179 Cr.

Borrowings ₹380 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹570₹645 +13.1% above
Net profit₹21.8₹57.0 +161.1% above
📊 Investor presentation (01 Jun) Detailed financials →

Kwality Wall's (India) Limited

KWIL · Packaged Foods & Food Processing · Q4 FY26 · Standalone
M Cap
₹8,703 Cr
P/E
—
PEG
—
₹ CrQoQ Mar 2026Dec 2025
Sales +117.9% 486223
Operating profit loss widened -78.0-64.0
OPM % +1265 bps -16.0%-28.7%
Other income loss narrowed -18.0-94.0
Net profit loss narrowed -107-178
PAT margin % +5780 bps -22.0%-79.8%
EPS (₹) loss narrowed -0.46-0.76

Quality of profit

Pre-tax profit −₹143 Cr: core business −₹125 Cr, other income −₹18.0 Cr.

Detailed financials →

Precision Wires India Limited

PRECWIRE · Mining & Minerals · Q4 FY26 · Standalone
M Cap
₹8,702 Cr
P/E
49.7
PEG
1.31
  • Profit +13% above its own trend
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +67.3%+31.9% 1,7631,3371,054
Operating profit +76.3%+60.6% 10464.859.0
OPM % +30 bps+105 bps 5.9%4.8%5.6%
Other income —-100.0% 0.010.70.0
Net profit +83.3%+45.9% 55.037.730.0
PAT margin % +27 bps+30 bps 3.1%2.8%2.8%
EPS (₹) +80.7%+45.6% 3.002.061.66

Quality of profit

Core 100%Other income & one-offs 0%

Pre-tax profit ₹72.0 Cr: core business ₹72.0 Cr, other income ₹0.0 Cr.

Core profit YoY: +80.0% · reported profit +83.3%

Cash & debt

FY26 cash from operations ₹273 Cr: 175% of FY26 net profit of ₹156 Cr.

Borrowings ₹293 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹1,253₹1,763 +40.7% above
Net profit₹48.9₹55.0 +12.5% above
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