Home › Quarterly results › Q4 FY26
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.
5115 declared
Latest results
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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
Filters & sorting
Results by sector
1375 matching results 1375
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511016
· Q4 FY26 · Standalone
M Cap —
P/E —
PEG —
Turnaround: profit against a loss a year ago Operating margin contracted 500 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
₹ Cr YoY QoQ
Mar 2026 Dec 2025 Mar 2025
Sales
-37.5% -47.4%
0.1 0.2 0.2 Operating profit
loss narrowed —
-0.0 -0.0 -0.0 OPM %
-500 bps -1421 bps
-30.0% -15.8% -25.0% Other income
— +40.9%
0.3 0.2 0.0 Net profit
from loss +47.4%
0.3 0.2 -0.0 EPS (₹)
from loss +60.0%
0.08 0.05 -0.01
Quality of profit
Pre-tax profit ₹0.3 Cr: core business −₹0.0 Cr, other income ₹0.3 Cr.
Core profit YoY: loss narrowed
Cash & debt
FY26 cash from operations −₹0.1 Cr:
-56% of FY26 net profit of ₹0.2 Cr.
Borrowings ₹0.7 Cr at Mar 2026.
Against its own trend ?
Trend Actual Gap
Sales ₹0.1 ₹0.1
-18.2% below
511092
· Q4 FY26 · Standalone
M Cap —
P/E —
PEG —
Into loss: a profit a year ago Profit -165% below its own trend All of pre-tax profit came from other income or one-off items
₹ Cr YoY QoQ
Mar 2026 Dec 2025 Mar 2025
Sales
-6.3% +114.3%
0.1 0.1 0.2 Operating profit
loss narrowed loss widened -0.1 -0.0 -0.3 OPM %
— -1619 bps
-73.3% -57.1% — Other income
-68.7% +0.0%
0.2 0.2 0.7 Net profit
to loss to loss -0.1 0.1 0.3 PAT margin %
— —
-66.7% — — EPS (₹)
to loss to loss -0.03 0.04 0.11
Quality of profit
Pre-tax profit ₹0.1 Cr: core business −₹0.1 Cr, other income ₹0.2 Cr.
Core profit YoY: loss narrowed
Cash & debt
FY26 cash from operations ₹0.2 Cr.
Borrowings nil at Mar 2026.
Against its own trend ?
Trend Actual Gap
Sales ₹0.1 ₹0.1
+87.5% above Net profit ₹0.2 −₹0.1
-164.5% below
511110
· Q4 FY26 · Standalone
M Cap —
P/E —
PEG —
Profit -35% below its own trend Operating margin contracted 261 bps YoY 96% of pre-tax profit came from other income and one-off items Profit grew faster than the core business (core profit -67%) FY26 operating cash flow was only 30% of profit
₹ Cr YoY QoQ
Mar 2026 Dec 2025 Mar 2025
Sales
-12.7% +8.8%
0.6 0.6 0.7 Operating profit
-66.7% -50.0%
0.0 0.0 0.0 OPM %
-261 bps -190 bps
1.6% 3.5% 4.2% Other income
-3.6% -3.6%
0.3 0.3 0.3 Net profit
+5.0% -4.5%
0.2 0.2 0.2 PAT margin %
+570 bps -473 bps
33.9% 38.6% 28.2% EPS (₹)
+4.5% -6.1%
0.46 0.49 0.44
Quality of profit
Pre-tax profit ₹0.3 Cr: core business ₹0.0 Cr, other income ₹0.3 Cr.
Core profit YoY: -66.7%
· reported profit +5.0%
Cash & debt
FY26 cash from operations ₹0.3 Cr:
30% of FY26 net profit of ₹0.9 Cr.
Borrowings nil at Mar 2026.
Against its own trend ?
Trend Actual Gap
Sales ₹0.7 ₹0.6
-5.6% below Net profit ₹0.3 ₹0.2
-35.1% below
511147
· Q4 FY26 · Standalone
M Cap —
P/E —
PEG —
Turnaround: profit against a loss a year ago Operating margin contracted 473 bps YoY All of pre-tax profit came from other income or one-off items
₹ Cr YoY QoQ
Mar 2026 Dec 2025 Mar 2025
Sales
+20.1% -7.7%
26.2 28.4 21.8 Operating profit
-44.0% -58.1%
1.1 2.6 1.9 OPM %
-473 bps -498 bps
4.1% 9.1% 8.9% Other income
+82.7% +43.7%
1.5 1.0 0.8 Net profit
from loss -68.6%
0.6 1.8 -1.9 PAT margin %
+1068 bps -407 bps
2.1% 6.2% -8.6% EPS (₹)
from loss -68.3%
0.44 1.39 -1.52
Quality of profit
Pre-tax profit ₹1.0 Cr: core business −₹0.5 Cr, other income ₹1.5 Cr.
Core profit YoY: to loss
Cash & debt
FY26 cash from operations ₹40.0 Cr:
653% of FY26 net profit of ₹6.1 Cr.
Borrowings ₹17.0 Cr at Mar 2026.
Against its own trend ?
Trend Actual Gap
Sales ₹27.8 ₹26.2
-5.9% below
511441
· Q4 FY26 · Consolidated
M Cap —
P/E —
PEG —
Turnaround: profit against a loss a year ago All of pre-tax profit came from other income or one-off items
₹ Cr YoY QoQ
Mar 2026 Dec 2025 Mar 2025
Sales
— —
0.0 0.0 0.0 Operating profit
loss narrowed loss narrowed -0.0 -0.1 -0.3 Other income
+233.3% —
0.3 0.0 0.1 Net profit?
from loss from loss 0.5 -0.1 -0.2 EPS (₹)
from loss from loss 1.67 -0.05 -0.10
Quality of profit
Pre-tax profit ₹0.3 Cr: core business −₹0.0 Cr, other income ₹0.3 Cr.
Core profit YoY: loss narrowed
Cash & debt
FY26 cash from operations −₹5.0 Cr.
Borrowings ₹18.7 Cr at Mar 2026.
511447
· Q4 FY26 · Consolidated
M Cap —
P/E —
PEG —
93% of pre-tax profit came from other income and one-off items Operating cash flow was negative in FY26 despite a profit
₹ Cr YoY QoQ
Mar 2026 Dec 2025 Mar 2025
Sales
— +59.7%
24.9 15.6 0.2 Operating profit
from loss -79.5%
0.3 1.7 -0.3 OPM %
— -958 bps
1.4% 11.0% — Other income
+93.6% +111.6%
0.9 0.4 0.5 Net profit?
— +23.8%
1.6 1.3 0.1 PAT margin %
-6039 bps -182 bps
6.3% 8.1% 66.7% EPS (₹)
— +0.0%
0.01 0.01 0.00
Quality of profit
Pre-tax profit ₹1.0 Cr: core business ₹0.1 Cr, other income ₹0.9 Cr.
Core profit YoY: from loss
Cash & debt
FY26 cash from operations −₹79.0 Cr:
-1037% of FY26 net profit of ₹7.6 Cr.
Borrowings ₹10.0 Cr at Mar 2026.
Against its own trend ?
Trend Actual Gap
Sales ₹0.4 ₹24.9
+999.0% above
511535
· Q4 FY26 · Consolidated
M Cap —
P/E —
PEG —
Profit -73% below its own trend Operating margin expanded 394 bps YoY 33% of pre-tax profit came from other income and one-off items
₹ Cr YoY QoQ
Mar 2026 Dec 2025 Mar 2025
Sales
+288.9% +390.7%
5.2 1.1 1.4 Operating profit
+633.3% from loss 0.4 -0.5 0.1 OPM %
+394 bps +5511 bps
8.4% -46.7% 4.4% Other income
-81.0% +7.1%
0.1 0.1 0.8 Net profit?
-46.2% from loss 0.5 -0.5 0.9 PAT margin %
-5937 bps +5812 bps
9.5% -48.6% 68.9% EPS (₹)
-46.2% from loss 0.84 -0.87 1.56
Quality of profit
Pre-tax profit ₹0.5 Cr: core business ₹0.3 Cr, other income ₹0.1 Cr.
Core profit YoY: —
· reported profit -46.2%
Cash & debt
FY26 cash from operations ₹1.8 Cr.
Borrowings nil at Mar 2026.
Against its own trend ?
Trend Actual Gap
Sales ₹0.9 ₹5.2
+487.7% above Net profit ₹1.9 ₹0.5
-73.1% below
511664
· Q4 FY26 · Standalone
M Cap —
P/E —
PEG —
44% of pre-tax profit came from other income and one-off items Operating cash flow was negative in FY26 despite a profit
₹ Cr YoY QoQ
Mar 2026 Dec 2025 Mar 2025
Sales
+170.4% +356.2%
0.7 0.2 0.3 Operating profit
from loss +833.3%
0.3 0.0 -7.5 OPM %
— +1961 bps
38.4% 18.8% — Other income
-97.7% —
0.2 0.0 8.0 Net profit
+191.7% —
0.3 0.0 0.1 PAT margin %
+350 bps +3545 bps
47.9% 12.5% 44.4% EPS (₹)
+181.8% —
0.31 0.02 0.11
Quality of profit
Pre-tax profit ₹0.4 Cr: core business ₹0.2 Cr, other income ₹0.2 Cr.
Core profit YoY: from loss
· reported profit +191.7%
Cash & debt
FY26 cash from operations −₹0.3 Cr:
-310% of FY26 net profit of ₹0.1 Cr.
Borrowings ₹2.1 Cr at Mar 2026.
512024
· Q4 FY26 · Standalone
M Cap —
P/E —
PEG —
Profit -69% below its own trend All of pre-tax profit came from other income or one-off items Operating cash flow was negative in FY26 despite a profit
₹ Cr YoY QoQ
Mar 2026 Dec 2025 Mar 2025
Sales
+100.0% —
0.0 0.0 0.0 Operating profit
loss narrowed loss widened -0.2 -0.1 -0.5 Other income
-59.7% -3.8%
0.2 0.3 0.6 Net profit
-63.6% -42.9%
0.0 0.1 0.1 EPS (₹)
-63.6% -42.9%
0.16 0.28 0.44
Quality of profit
Pre-tax profit ₹0.0 Cr: core business −₹0.2 Cr, other income ₹0.2 Cr.
Core profit YoY: loss narrowed
· reported profit -63.6%
Cash & debt
FY26 cash from operations −₹1.0 Cr:
-686% of FY26 net profit of ₹0.1 Cr.
Borrowings ₹0.5 Cr at Mar 2026.
Against its own trend ?
Trend Actual Gap
Net profit ₹0.1 ₹0.0
-68.8% below
512038
· Q4 FY26 · Consolidated
M Cap —
P/E —
PEG —
Profit +14% above its own trend Operating margin contracted 4479 bps YoY All of pre-tax profit came from other income or one-off items
₹ Cr YoY QoQ
Mar 2026 Dec 2025 Mar 2025
Sales
+162.5% +82.6%
84.0 46.0 32.0 Operating profit
+12.0% -6.7%
28.0 30.0 25.0 OPM %
-4479 bps -3188 bps
33.3% 65.2% 78.1% Other income
— —
22.0 2.0 2.0 Net profit?
+82.4% +121.4%
31.0 14.0 17.0 PAT margin %
-1622 bps +647 bps
36.9% 30.4% 53.1% EPS (₹)
+28.2% +109.6%
6.14 2.93 4.79
Quality of profit
Pre-tax profit ₹6.0 Cr: core business −₹16.0 Cr, other income ₹22.0 Cr.
Core profit YoY: to loss
· reported profit +82.4%
Cash & debt
FY26 cash from operations ₹113 Cr:
177% of FY26 net profit of ₹64.0 Cr.
Borrowings ₹291 Cr at Mar 2026.
Against its own trend ?
Trend Actual Gap
Sales ₹62.8 ₹84.0
+33.8% above Net profit ₹27.2 ₹31.0
+14.0% above
512047
· Q4 FY26 · Standalone
M Cap —
P/E —
PEG —
All of pre-tax profit came from other income or one-off items
₹ Cr YoY QoQ
Mar 2026 Dec 2025 Mar 2025
Sales
-100.0% —
0.0 0.0 70.0 Operating profit
to loss —
-2.0 0.0 6.0 Other income
— —
72.0 1.0 1.0 Net profit
+327.3% —
47.0 1.0 11.0 EPS (₹)
+301.0% —
4.01 0.06 1.00
Quality of profit
Pre-tax profit ₹72.0 Cr: core business −₹1.0 Cr, other income ₹72.0 Cr, exceptional & other items ₹1.0 Cr.
Core profit YoY: to loss
· reported profit +327.3%
Cash & debt
FY26 cash from operations ₹102 Cr:
192% of FY26 net profit of ₹53.0 Cr.
Borrowings nil at Mar 2026.
Against its own trend ?
Trend Actual Gap
Sales ₹135 ₹0.0
-100.0% below
512093
· Q4 FY26 · Consolidated
M Cap —
P/E —
PEG —
Turnaround: profit against a loss a year ago All of pre-tax profit came from other income or one-off items
₹ Cr YoY QoQ
Mar 2026 Dec 2025 Mar 2025
Sales
-17.1% +90.4%
2.6 1.4 3.1 Operating profit
loss narrowed loss narrowed -0.3 -0.8 -0.4 OPM %
+33 bps +4427 bps
-11.3% -55.6% -11.6% Other income
from loss +120.0%
0.6 0.2 -10.6 Net profit?
from loss from loss 0.2 -0.7 -11.1 PAT margin %
— +6306 bps
9.7% -53.3% — EPS (₹)
from loss from loss 0.01 -0.04 -0.73
Quality of profit
Pre-tax profit ₹0.1 Cr: core business −₹0.4 Cr, other income ₹0.6 Cr.
Core profit YoY: loss narrowed
Cash & debt
FY26 cash from operations −₹2.0 Cr.
Borrowings ₹448 Cr at Mar 2026.
Against its own trend ?
Trend Actual Gap
Sales ₹3.2 ₹2.6
-18.4% below
512149
· Q4 FY26 · Consolidated
M Cap —
P/E —
PEG —
Turnaround: profit against a loss a year ago All of pre-tax profit came from other income or one-off items Operating cash flow was negative in FY26 despite a profit
₹ Cr YoY QoQ
Mar 2026 Dec 2025 Mar 2025
Sales
-35.4% -38.0%
31.0 50.0 48.0 Operating profit
loss narrowed to loss -1.0 1.0 -2.0 OPM %
+94 bps -523 bps
-3.2% 2.0% -4.2% Other income
+450.0% —
11.0 1.0 2.0 Net profit?
from loss +400.0%
10.0 2.0 -1.0 PAT margin %
+3434 bps +2826 bps
32.3% 4.0% -2.1% EPS (₹)
from loss +400.0%
0.05 0.01 -0.01
Quality of profit
Pre-tax profit ₹10.0 Cr: core business −₹1.0 Cr, other income ₹11.0 Cr.
Core profit YoY: loss narrowed
Cash & debt
FY26 cash from operations −₹137 Cr:
-1054% of FY26 net profit of ₹13.0 Cr.
Borrowings ₹164 Cr at Mar 2026.
Against its own trend ?
Trend Actual Gap
Sales ₹41.3 ₹31.0
-24.9% below
512165
· Q4 FY26 · Consolidated
M Cap —
P/E —
PEG —
Into loss: a profit a year ago Profit -297% below its own trend All of pre-tax profit came from other income or one-off items
₹ Cr YoY QoQ
Mar 2026 Dec 2025 Mar 2025
Sales
+229.8% +88.4%
6,510 3,457 1,974 Operating profit
loss narrowed loss narrowed -1.9 -20.3 -8.8 OPM %
+42 bps +56 bps
-0.0% -0.6% -0.4% Other income
-38.0% +23.0%
12.6 10.2 20.2 Net profit?
to loss to loss -8.0 2.4 4.3 PAT margin %
-34 bps -19 bps
-0.1% 0.1% 0.2% EPS (₹)
to loss to loss -1.14 0.34 0.61
Quality of profit
Pre-tax profit ₹6.3 Cr: core business −₹6.3 Cr, other income ₹12.6 Cr.
Core profit YoY: loss narrowed
Cash & debt
FY26 cash from operations ₹161 Cr:
4066% of FY26 net profit of ₹4.0 Cr.
Borrowings ₹157 Cr at Mar 2026.
Against its own trend ?
Trend Actual Gap
Sales ₹3,948 ₹6,510
+64.9% above Net profit ₹4.0 −₹8.0
-296.8% below
512175
· Q4 FY26 · Consolidated
M Cap —
P/E —
PEG —
Into loss: a profit a year ago Operating margin contracted 720 bps YoY All of pre-tax profit came from other income or one-off items
₹ Cr YoY QoQ
Mar 2026 Dec 2025 Mar 2025
Sales
+49.7% +117.0%
6.5 3.0 4.3 Operating profit
-80.6% -68.2%
0.1 0.2 0.4 OPM %
-720 bps -626 bps
1.1% 7.3% 8.3% Other income
+150.0% +300.0%
0.2 0.1 0.1 Net profit?
to loss to loss -0.2 0.1 0.7 PAT margin %
-1878 bps -738 bps
-3.4% 4.0% 15.4% EPS (₹)
to loss to loss -0.04 0.02 0.13
Quality of profit
Pre-tax profit ₹0.1 Cr: core business −₹0.1 Cr, other income ₹0.2 Cr.
Core profit YoY: to loss
Cash & debt
FY26 cash from operations −₹0.9 Cr.
Borrowings ₹2.3 Cr at Mar 2026.
Against its own trend ?
Trend Actual Gap
Sales ₹3.9 ₹6.5
+66.2% above
512247
· Q4 FY26 · Standalone
M Cap —
P/E —
PEG —
Profit +31% above its own trend 83% of pre-tax profit came from other income and one-off items Profit grew faster than the core business (core profit -86%) FY26 operating cash flow was only 5% of profit
₹ Cr YoY QoQ
Mar 2026 Dec 2025 Mar 2025
Sales
+5.6% +90.0%
0.2 0.1 0.2 Operating profit
+6.7% +128.6%
0.2 0.1 0.1 OPM %
+88 bps +1421 bps
84.2% 70.0% 83.3% Other income
+66.7% +150.0%
0.1 0.0 0.0 Net profit
+28.6% +12.5%
0.1 0.1 0.1 PAT margin %
+848 bps -3263 bps
47.4% 80.0% 38.9% EPS (₹)
+0.0% +0.0%
0.01 0.01 0.01
Quality of profit
Pre-tax profit ₹0.1 Cr: core business ₹0.0 Cr, other income ₹0.1 Cr.
Core profit YoY: -85.7%
· reported profit +28.6%
Cash & debt
FY26 cash from operations ₹0.1 Cr:
5% of FY26 net profit of ₹1.0 Cr.
Borrowings ₹3.0 Cr at Mar 2026.
Against its own trend ?
Trend Actual Gap
Sales ₹0.2 ₹0.2
-13.8% below Net profit ₹0.1 ₹0.1
+30.6% above
512267
· Q4 FY26 · Consolidated
M Cap —
P/E —
PEG —
Turnaround: profit against a loss a year ago 39% of pre-tax profit came from other income and one-off items
₹ Cr YoY QoQ
Mar 2026 Dec 2025 Mar 2025
Sales
+10.6% -10.6%
301 336 272 Operating profit
+0.6% +32.6%
5.4 4.1 5.4 OPM %
-18 bps +59 bps
1.8% 1.2% 2.0% Other income
+241.9% -24.8%
1.1 1.4 0.3 Net profit?
from loss +0.5%
2.1 2.1 -0.5 PAT margin %
+87 bps +8 bps
0.7% 0.6% -0.2% EPS (₹)
— +0.0%
0.01 0.01 0.00
Quality of profit
Pre-tax profit ₹2.7 Cr: core business ₹1.6 Cr, other income ₹1.1 Cr.
Core profit YoY: +23.5%
Cash & debt
FY26 cash from operations ₹14.0 Cr:
175% of FY26 net profit of ₹8.0 Cr.
Borrowings ₹108 Cr at Mar 2026.
Against its own trend ?
Trend Actual Gap
Sales ₹269 ₹301
+11.8% above
512345
· Q4 FY26 · Consolidated
M Cap —
P/E —
PEG —
All of pre-tax profit came from other income or one-off items
₹ Cr YoY QoQ
Mar 2026 Dec 2025 Mar 2025
Sales
— +215.6%
12.8 4.0 0.0 Operating profit
from loss from loss 0.0 -0.0 -0.1 OPM %
— +106 bps
0.3% -0.7% — Other income
— —
0.2 0.0 0.0 Net profit?
loss narrowed loss narrowed 0.0 -0.0 -0.1 PAT margin %
— +74 bps
0.0% -0.7% — EPS (₹)
loss narrowed loss narrowed 0.00 -0.03 -0.30
Quality of profit
Pre-tax profit ₹0.1 Cr: core business −₹0.0 Cr, other income ₹0.2 Cr.
Core profit YoY: loss narrowed
Cash & debt
FY26 cash from operations ₹4.7 Cr:
1139% of FY26 net profit of ₹0.4 Cr.
Borrowings ₹6.0 Cr at Mar 2026.
512425
· Q4 FY26 · Standalone
M Cap —
P/E —
PEG —
Operating margin expanded 1284 bps YoY 73% of pre-tax profit came from other income and one-off items Operating cash flow was negative in FY26 despite a profit
₹ Cr YoY QoQ
Mar 2026 Dec 2025 Mar 2025
Sales
+67.8% +320.7%
6.3 1.5 3.8 Operating profit
from loss from loss 0.3 -0.3 -0.3 OPM %
+1284 bps +2526 bps
4.6% -20.7% -8.2% Other income
-10.8% +544.4%
0.6 0.1 0.7 Net profit
+205.0% from loss 0.6 -0.2 0.2 PAT margin %
+435 bps +2233 bps
9.7% -12.7% 5.3% EPS (₹)
+205.1% from loss 15.56 -4.85 5.10
Quality of profit
Pre-tax profit ₹0.8 Cr: core business ₹0.2 Cr, other income ₹0.6 Cr.
Core profit YoY: from loss
· reported profit +205.0%
Cash & debt
FY26 cash from operations −₹3.3 Cr:
-798% of FY26 net profit of ₹0.4 Cr.
Borrowings nil at Mar 2026.
Against its own trend ?
Trend Actual Gap
Sales ₹4.0 ₹6.3
+56.1% above
512443
· Q4 FY26 · Standalone
M Cap —
P/E —
PEG —
50% of pre-tax profit came from other income and one-off items Operating cash flow was negative in FY26 despite a profit
₹ Cr YoY QoQ
Mar 2026 Dec 2025 Mar 2025
Sales
— +180.0%
4.1 1.4 0.0 Operating profit
from loss +539.1%
1.5 0.2 -0.1 OPM %
— +2034 bps
36.2% 15.9% — Other income
+18.2% —
0.1 0.0 0.1 Net profit
— +11.8%
0.2 0.2 0.0 PAT margin %
— -704 bps
4.7% 11.7% — EPS (₹)
— +11.1%
0.20 0.18 0.00
Quality of profit
Pre-tax profit ₹0.3 Cr: core business ₹0.1 Cr, other income ₹0.1 Cr.
Core profit YoY: from loss
Cash & debt
FY26 cash from operations −₹8.3 Cr:
-1600% of FY26 net profit of ₹0.5 Cr.
Borrowings ₹11.0 Cr at Mar 2026.
512453
· Q4 FY26 · Consolidated
M Cap —
P/E —
PEG —
Profit -23% below its own trend Operating margin contracted 970 bps YoY All of pre-tax profit came from other income or one-off items
₹ Cr YoY QoQ
Mar 2026 Dec 2025 Mar 2025
Sales
-9.6% +53.2%
108 70.5 120 Operating profit
-58.1% +260.2%
9.0 2.5 21.6 OPM %
-970 bps +481 bps
8.4% 3.6% 18.1% Other income
+240.6% +820.1%
15.1 1.6 4.4 Net profit?
-45.6% +12.6%
8.7 7.8 16.1 PAT margin %
-536 bps -291 bps
8.1% 11.0% 13.4% EPS (₹)
-45.6% +10.8%
9.98 9.01 18.35
Quality of profit
Pre-tax profit ₹12.8 Cr: core business −₹2.3 Cr, other income ₹15.1 Cr.
Core profit YoY: to loss
· reported profit -45.6%
Cash & debt
FY26 cash from operations ₹51.0 Cr:
141% of FY26 net profit of ₹36.2 Cr.
Borrowings ₹93.0 Cr at Mar 2026.
Against its own trend ?
Trend Actual Gap
Sales ₹89.9 ₹108
+20.1% above Net profit ₹11.3 ₹8.7
-22.5% below
512493
· Q4 FY26 · Consolidated
M Cap —
P/E —
PEG —
Profit -29% below its own trend Operating margin expanded 2260 bps YoY 74% of pre-tax profit came from other income and one-off items Profit grew faster than the core business (core profit -22%) Operating cash flow was negative in FY26 despite a profit
₹ Cr YoY QoQ
Mar 2026 Dec 2025 Mar 2025
Sales
-76.3% +50.0%
0.4 0.3 1.8 Operating profit
-26.3% +366.7%
0.1 0.0 0.2 OPM %
+2260 bps +2262 bps
33.3% 10.7% 10.7% Other income
+81.8% +471.4%
0.4 0.1 0.2 Net profit?
+42.1% +390.9%
0.5 0.1 0.4 EPS (₹)
+47.4% +366.7%
0.28 0.06 0.19
Quality of profit
Pre-tax profit ₹0.5 Cr: core business ₹0.1 Cr, other income ₹0.4 Cr.
Core profit YoY: -22.2%
· reported profit +42.1%
Cash & debt
FY26 cash from operations −₹3.5 Cr:
-75% of FY26 net profit of ₹4.7 Cr.
Borrowings ₹1.0 Cr at Mar 2026.
Against its own trend ?
Trend Actual Gap
Sales ₹0.9 ₹0.4
-52.5% below Net profit ₹0.8 ₹0.5
-28.9% below
512527
· Q4 FY26 · Standalone
M Cap —
P/E —
PEG —
Operating margin expanded 163 bps YoY All of pre-tax profit came from other income or one-off items
₹ Cr YoY QoQ
Mar 2026 Dec 2025 Mar 2025
Sales
-2.2% -0.9%
103 104 105 Operating profit
+29.9% +24.2%
6.8 5.5 5.2 OPM %
+163 bps +133 bps
6.6% 5.3% 5.0% Other income
+0.0% +21.6%
2.0 1.7 2.0 Net profit
loss narrowed loss widened -1.4 -0.9 -1.6 PAT margin %
+19 bps -51 bps
-1.4% -0.8% -1.5% EPS (₹)
loss narrowed loss widened -4.53 -2.83 -5.27
Quality of profit
Pre-tax profit ₹0.9 Cr: core business −₹1.1 Cr, other income ₹2.0 Cr.
Core profit YoY: loss narrowed
Cash & debt
FY26 cash from operations ₹9.0 Cr:
253% of FY26 net profit of ₹3.6 Cr.
Borrowings ₹110 Cr at Mar 2026.
Against its own trend ?
Trend Actual Gap
Sales ₹109 ₹103
-5.8% below
512587
· Q4 FY26 · Consolidated
M Cap —
P/E —
PEG —
Turnaround: profit against a loss a year ago 87% of pre-tax profit came from other income and one-off items
₹ Cr YoY QoQ
Mar 2026 Dec 2025 Mar 2025
Sales
+67.8% -44.0%
8.0 14.2 4.8 Operating profit
+73.3% -77.6%
0.3 1.2 0.1 OPM %
+10 bps -490 bps
3.3% 8.2% 3.2% Other income
— from loss 3.6 -0.1 0.2 Net profit?
from loss —
2.8 0.2 -0.0 PAT margin %
+3555 bps +3387 bps
35.1% 1.3% -0.4% EPS (₹)
from loss —
2.42 0.15 -0.02
Quality of profit
Pre-tax profit ₹4.1 Cr: core business ₹0.6 Cr, other income ₹3.6 Cr.
Cash & debt
FY26 cash from operations ₹2.5 Cr:
63% of FY26 net profit of ₹3.9 Cr.
Borrowings ₹6.0 Cr at Mar 2026.
512595
· Q4 FY26 · Standalone
M Cap —
P/E —
PEG —
All of pre-tax profit came from other income or one-off items Operating cash flow was negative in FY26 despite a profit
₹ Cr YoY QoQ
Mar 2026 Dec 2025 Mar 2025
Sales
— —
0.4 0.0 0.0 Operating profit
loss widened loss narrowed -0.1 -0.1 -0.1 OPM %
— —
-27.0% — — Other income
-86.5% -20.0%
0.1 0.1 0.9 Net profit
-97.6% from loss 0.0 -0.1 0.8 PAT margin %
— —
5.4% — — EPS (₹)
-100.0% loss narrowed 0.00 -0.03 0.14
Quality of profit
Pre-tax profit ₹0.0 Cr: core business −₹0.1 Cr, other income ₹0.1 Cr.
Core profit YoY: loss widened
· reported profit -97.6%
Cash & debt
FY26 cash from operations −₹0.6 Cr:
-107% of FY26 net profit of ₹0.6 Cr.
Borrowings nil at Mar 2026.
512634
· Q4 FY26 · Standalone
M Cap —
P/E —
PEG —
Profit -89% below its own trend Operating margin contracted 780 bps YoY 48% of pre-tax profit came from other income and one-off items
₹ Cr YoY QoQ
Mar 2026 Dec 2025 Mar 2025
Sales
+26.3% +1.5%
27.6 27.2 21.8 Operating profit
-28.6% -37.8%
2.8 4.5 3.9 OPM %
-780 bps -641 bps
10.2% 16.6% 18.0% Other income
-35.8% -45.5%
0.6 1.1 0.9 Net profit
-81.6% -74.7%
0.7 2.8 3.8 PAT margin %
-1491 bps -766 bps
2.5% 10.2% 17.5% EPS (₹)
-81.5% -74.6%
0.59 2.32 3.19
Quality of profit
Pre-tax profit ₹1.3 Cr: core business ₹0.7 Cr, other income ₹0.6 Cr.
Core profit YoY: -77.9%
· reported profit -81.6%
Cash & debt
FY26 cash from operations ₹14.0 Cr:
109% of FY26 net profit of ₹12.8 Cr.
Borrowings ₹7.0 Cr at Mar 2026.
Against its own trend ?
Trend Actual Gap
Sales ₹27.0 ₹27.6
+2.3% in line Net profit ₹6.4 ₹0.7
-89.1% below
513043
· Q4 FY26 · Standalone
M Cap —
P/E —
PEG —
Profit +311% above its own trend Operating margin expanded 201 bps YoY 27% of pre-tax profit came from other income and one-off items Operating cash flow was negative in FY26 despite a profit
₹ Cr YoY QoQ
Mar 2026 Dec 2025 Mar 2025
Sales
+16.5% +39.0%
47.4 34.1 40.7 Operating profit
+70.9% +83.4%
3.0 1.6 1.8 OPM %
+201 bps +153 bps
6.3% 4.8% 4.3% Other income
+290.9% —
0.4 0.0 0.1 Net profit
+164.3% +184.6%
1.1 0.4 0.4 PAT margin %
+131 bps +120 bps
2.3% 1.1% 1.0% EPS (₹)
+131.6% +166.7%
0.88 0.33 0.38
Quality of profit
Pre-tax profit ₹1.6 Cr: core business ₹1.2 Cr, other income ₹0.4 Cr.
Core profit YoY: +173.8%
· reported profit +164.3%
Cash & debt
FY26 cash from operations −₹22.0 Cr:
-803% of FY26 net profit of ₹2.7 Cr.
Borrowings ₹53.0 Cr at Mar 2026.
Against its own trend ?
Trend Actual Gap
Sales ₹41.9 ₹47.4
+13.3% above Net profit ₹0.3 ₹1.1
+310.6% above
513063
· Q4 FY26 · Standalone
M Cap —
P/E —
PEG —
Profit -59% below its own trend All of pre-tax profit came from other income or one-off items Operating cash flow was negative in FY26 despite a profit
₹ Cr YoY QoQ
Mar 2026 Dec 2025 Mar 2025
Sales
— —
0.0 0.0 0.0 Operating profit
loss widened loss widened -0.2 -0.1 -0.1 Other income
-17.2% -4.0%
0.5 0.5 0.6 Net profit
-43.4% -30.2%
0.3 0.4 0.5 EPS (₹)
-43.8% -30.5%
0.41 0.59 0.73
Quality of profit
Pre-tax profit ₹0.3 Cr: core business −₹0.2 Cr, other income ₹0.5 Cr.
Core profit YoY: loss widened
· reported profit -43.4%
Cash & debt
FY26 cash from operations −₹0.5 Cr:
-32% of FY26 net profit of ₹1.4 Cr.
Borrowings nil at Mar 2026.
Against its own trend ?
Trend Actual Gap
Net profit ₹0.7 ₹0.3
-59.1% below
513252
· Q4 FY26 · Standalone
M Cap —
P/E —
PEG —
Profit +58% above its own trend 64% of pre-tax profit came from other income and one-off items
₹ Cr YoY QoQ
Mar 2026 Dec 2025 Mar 2025
Sales
+16.9% +9.2%
268 245 229 Operating profit
-2.2% +30.8%
9.6 7.4 9.9 OPM %
-70 bps +60 bps
3.6% 3.0% 4.3% Other income
+5.2% -3.9%
3.4 3.5 3.2 Net profit
+83.7% +25.6%
5.4 4.3 2.9 PAT margin %
+73 bps +26 bps
2.0% 1.8% 1.3% EPS (₹)
+83.6% +25.5%
13.97 11.13 7.61
Quality of profit
Pre-tax profit ₹5.4 Cr: core business ₹2.0 Cr, other income ₹3.4 Cr.
Core profit YoY: +74.1%
· reported profit +83.7%
Cash & debt
FY26 cash from operations ₹11.0 Cr:
62% of FY26 net profit of ₹17.8 Cr.
Borrowings ₹141 Cr at Mar 2026.
Against its own trend ?
Trend Actual Gap
Sales ₹259 ₹268
+3.2% in line Net profit ₹3.4 ₹5.4
+58.3% above
513303
· Q4 FY26 · Standalone
M Cap —
P/E —
PEG —
All of pre-tax profit came from other income or one-off items FY26 operating cash flow was only 2% of profit
₹ Cr YoY QoQ
Mar 2026 Dec 2025 Mar 2025
Sales
— —
0.0 0.0 0.0 Operating profit
loss narrowed loss widened -0.3 -0.2 -0.3 Other income
-80.7% +210.0%
0.9 0.3 4.8 Net profit
-85.4% +560.0%
0.7 0.1 4.5 EPS (₹)
-85.4% +585.7%
0.48 0.07 3.29
Quality of profit
Pre-tax profit ₹0.7 Cr: core business −₹0.3 Cr, other income ₹0.9 Cr.
Core profit YoY: loss narrowed
· reported profit -85.4%
Cash & debt
FY26 cash from operations ₹0.0 Cr:
2% of FY26 net profit of ₹1.1 Cr.
Borrowings ₹0.2 Cr at Mar 2026.
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.
Data source Quarterly results filed by listed companies with NSE and BSE (Regulation 33 of SEBI LODR), read from each filing; share prices from the exchanges; market cap and P/E from our daily fundamentals snapshot.
Last updated 13 Oct 2026, 23:30 IST
