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.
Updated 14 Oct 2026, 01:16 IST
5115 declared
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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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523710
· Q4 FY26 · Consolidated
M Cap —
P/E —
PEG —
Turnaround: profit against a loss a year ago Operating margin expanded 1200 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
-5.0% -14.3%
37.6 43.9 39.6
Operating profit
+150.2% -42.3%
7.3 12.6 2.9
OPM %
+1200 bps -936 bps
19.3% 28.7% 7.3%
Other income
— —
13.2 0.8 1.2
Net profit?
from loss +132.2%
6.1 2.6 -4.3
PAT margin %
+2689 bps +1016 bps
16.1% 5.9% -10.8%
EPS (₹)
from loss +132.2%
3.46 1.49 -2.45
Quality of profit
Pre-tax profit ₹9.8 Cr: core business −₹3.5 Cr, other income ₹13.2 Cr.
Core profit YoY: loss narrowed
Cash & debt
FY26 cash from operations ₹44.0 Cr.
Borrowings ₹126 Cr at Mar 2026.
Against its own trend ?
Trend Actual Gap
Sales ₹45.6 ₹37.6
-17.4% below
523722
· 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
— -33.3%
0.0 0.1 0.0
Operating profit
loss narrowed loss narrowed
0.0 -0.0 -0.1
OPM %
— +3333 bps
0.0% -33.3% —
Other income
+800.0% -28.0%
0.2 0.2 0.0
Net profit
loss narrowed to loss
-0.0 0.1 -0.2
PAT margin %
— —
-75.0% — —
EPS (₹)
loss narrowed to loss
-0.02 0.04 -0.13
Quality of profit
Pre-tax profit ₹0.0 Cr: core business −₹0.2 Cr, other income ₹0.2 Cr.
Core profit YoY: loss narrowed
Cash & debt
FY26 cash from operations ₹0.5 Cr:
544% of FY26 net profit of ₹0.1 Cr.
Borrowings ₹3.5 Cr at Mar 2026.
523832
· Q4 FY26 · Standalone
M Cap —
P/E —
PEG —
Turnaround: profit against a loss a year ago Operating margin expanded 3964 bps YoY 60% of pre-tax profit came from other income and one-off items
₹ Cr YoY QoQ
Mar 2026 Dec 2025 Mar 2025
Sales
+147.9% +55.3%
2.3 1.5 0.9
Operating profit
from loss from loss
0.2 -0.1 -0.3
OPM %
+3964 bps +1106 bps
7.7% -3.3% -31.9%
Other income
+50.0% -21.7%
0.2 0.2 0.1
Net profit
from loss +172.7%
0.3 0.1 -0.2
PAT margin %
+3947 bps +554 bps
12.9% 7.3% -26.6%
EPS (₹)
from loss +177.8%
0.25 0.09 -0.21
Quality of profit
Core 40% Other income & one-offs 60%
Pre-tax profit ₹0.3 Cr: core business ₹0.1 Cr, other income ₹0.2 Cr.
Core profit YoY: from loss
Cash & debt
FY26 cash from operations ₹0.1 Cr:
280% of FY26 net profit of ₹0.0 Cr.
Borrowings ₹3.5 Cr at Mar 2026.
Against its own trend ?
Trend Actual Gap
Sales ₹0.8 ₹2.3
+205.3% above
523840
· Q4 FY26 · Standalone
M Cap —
P/E —
PEG —
Turnaround: profit against a loss a year ago Operating margin expanded 1418 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
-1.1% +2.3%
33.2 32.5 33.6
Operating profit
from loss +22.5%
3.8 3.1 -1.0
OPM %
+1418 bps +187 bps
11.3% 9.5% -2.9%
Other income
+48.8% +190.9%
0.6 0.2 0.4
Net profit
from loss -54.0%
0.5 1.1 -3.3
PAT margin %
+1137 bps -191 bps
1.6% 3.5% -9.8%
EPS (₹)
from loss -54.0%
0.23 0.50 -1.46
Quality of profit
Pre-tax profit ₹0.5 Cr: core business −₹0.1 Cr, other income ₹0.6 Cr.
Core profit YoY: loss narrowed
Cash & debt
FY26 cash from operations ₹12.0 Cr:
642% of FY26 net profit of ₹1.9 Cr.
Borrowings ₹20.0 Cr at Mar 2026.
Against its own trend ?
Trend Actual Gap
Sales ₹32.2 ₹33.2
+3.1% in line
523844
· Q4 FY26 · Consolidated
M Cap —
P/E —
PEG —
Operating margin contracted 547 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
-61.2% -21.0%
7.2 9.1 18.4
Operating profit
-98.1% -83.3%
0.0 0.1 1.1
OPM %
-547 bps -105 bps
0.3% 1.3% 5.8%
Other income
-48.2% -25.6%
0.3 0.4 0.6
Net profit?
-83.3% -45.2%
0.2 0.3 1.0
PAT margin %
-316 bps -105 bps
2.4% 3.4% 5.5%
EPS (₹)
-82.7% -44.0%
0.14 0.25 0.81
Quality of profit
Pre-tax profit ₹0.2 Cr: core business −₹0.1 Cr, other income ₹0.3 Cr.
Core profit YoY: to loss
· reported profit -83.3%
Cash & debt
FY26 cash from operations ₹3.5 Cr.
Borrowings ₹17.1 Cr at Mar 2026.
523874
· Q4 FY26 · Standalone
M Cap —
P/E —
PEG —
Profit -36% below its own trend Operating margin expanded 115 bps YoY 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
-8.9% +5.2%
59.8 56.9 65.7
Operating profit
+9.2% -6.5%
4.2 4.5 3.8
OPM %
+115 bps -87 bps
7.0% 7.8% 5.8%
Other income
+51.6% +193.7%
0.5 0.2 0.3
Net profit
-15.9% -29.5%
0.7 1.1 0.9
PAT margin %
-10 bps -61 bps
1.2% 1.8% 1.3%
EPS (₹)
-16.7% -29.6%
0.50 0.71 0.60
Quality of profit
Core 56% Other income & one-offs 44%
Pre-tax profit ₹1.1 Cr: core business ₹0.6 Cr, other income ₹0.5 Cr.
Core profit YoY: +3.5%
· reported profit -15.9%
Cash & debt
FY26 cash from operations −₹9.0 Cr:
-193% of FY26 net profit of ₹4.7 Cr.
Borrowings ₹48.0 Cr at Mar 2026.
Against its own trend ?
Trend Actual Gap
Sales ₹56.4 ₹59.8
+6.1% above
Net profit ₹1.2 ₹0.7
-36.1% below
523888
· Q4 FY26 · Consolidated
M Cap —
P/E —
PEG —
Turnaround: profit against a loss a year ago 69% of pre-tax profit came from other income and one-off items
₹ Cr YoY QoQ
Mar 2026 Dec 2025 Mar 2025
Sales
— -8.9%
287 315 0.0
Operating profit
from loss +20.3%
2.8 2.3 -0.1
OPM %
— +24 bps
1.0% 0.7% —
Other income
— +49.6%
3.4 2.3 0.0
Net profit?
from loss +9.5%
3.6 3.3 -0.1
PAT margin %
— +21 bps
1.3% 1.0% —
EPS (₹)
from loss +8.8%
1.24 1.14 -0.05
Quality of profit
Core 30% Other income & one-offs 70%
Pre-tax profit ₹5.0 Cr: core business ₹1.5 Cr, other income ₹3.4 Cr.
Core profit YoY: from loss
Cash & debt
FY26 cash from operations −₹69.0 Cr.
Borrowings ₹51.0 Cr at Mar 2026.
524080
· Q4 FY26 · Standalone
M Cap —
P/E —
PEG —
45% of pre-tax profit came from other income and one-off items
₹ Cr YoY QoQ
Mar 2026 Dec 2025 Mar 2025
Sales
+9.8% +25.2%
14.8 11.8 13.4
Operating profit
-5.9% +3.2%
0.6 0.6 0.7
OPM %
-72 bps -92 bps
4.3% 5.3% 5.1%
Other income
-34.0% -23.3%
0.3 0.4 0.5
Net profit
-2.5% -31.6%
0.4 0.6 0.4
PAT margin %
-33 bps -219 bps
2.6% 4.8% 3.0%
EPS (₹)
-2.5% -31.9%
0.79 1.16 0.81
Quality of profit
Core 55% Other income & one-offs 45%
Pre-tax profit ₹0.7 Cr: core business ₹0.4 Cr, other income ₹0.3 Cr.
Core profit YoY: +5.1%
· reported profit -2.5%
Cash & debt
FY26 cash from operations ₹4.7 Cr:
249% of FY26 net profit of ₹1.9 Cr.
Borrowings ₹0.8 Cr at Mar 2026.
Against its own trend ?
Trend Actual Gap
Sales ₹13.1 ₹14.8
+12.3% above
Net profit ₹0.4 ₹0.4
-5.9% in line
524336
· Q4 FY26 · Consolidated
M Cap —
P/E —
PEG —
Profit +999% above its own trend Operating margin contracted 191 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
+17.7% -7.3%
41.2 44.5 35.0
Operating profit
-57.1% -79.3%
0.5 2.2 1.1
OPM %
-191 bps -379 bps
1.1% 4.9% 3.0%
Other income
— +613.8%
2.1 0.3 0.1
Net profit?
— -14.8%
1.0 1.2 0.0
PAT margin %
+247 bps -22 bps
2.5% 2.7% 0.1%
EPS (₹)
— -14.5%
1.88 2.20 0.04
Quality of profit
Pre-tax profit ₹1.3 Cr: core business −₹0.8 Cr, other income ₹2.1 Cr.
Core profit YoY: loss widened
Cash & debt
FY26 cash from operations ₹7.0 Cr:
170% of FY26 net profit of ₹4.1 Cr.
Borrowings ₹33.0 Cr at Mar 2026.
Against its own trend ?
Trend Actual Gap
Sales ₹38.9 ₹41.2
+6.1% above
Net profit ₹0.0 ₹1.0
+999.0% above
524400
· Q4 FY26 · Standalone
M Cap —
P/E —
PEG —
Profit -30% below its own trend Operating margin contracted 309 bps YoY 79% of pre-tax profit came from other income and one-off items Profit grew faster than the core business (core profit -73%)
₹ Cr YoY QoQ
Mar 2026 Dec 2025 Mar 2025
Sales
-32.9% -2.5%
3.1 3.1 4.6
Operating profit
-65.5% -28.6%
0.1 0.1 0.3
OPM %
-309 bps -119 bps
3.3% 4.5% 6.4%
Other income
+37.5% +120.0%
0.2 0.1 0.2
Net profit
-37.9% +12.5%
0.2 0.2 0.3
PAT margin %
-48 bps +79 bps
5.9% 5.1% 6.4%
EPS (₹)
-38.1% +11.1%
0.60 0.54 0.97
Quality of profit
Core 21% Other income & one-offs 79%
Pre-tax profit ₹0.3 Cr: core business ₹0.1 Cr, other income ₹0.2 Cr.
Core profit YoY: -72.7%
· reported profit -37.9%
Cash & debt
FY26 cash from operations ₹3.9 Cr:
503% of FY26 net profit of ₹0.8 Cr.
Borrowings ₹0.1 Cr at Mar 2026.
Against its own trend ?
Trend Actual Gap
Sales ₹4.5 ₹3.1
-31.3% below
Net profit ₹0.3 ₹0.2
-30.0% below
524414
· Q4 FY26 · Standalone
M Cap —
P/E —
PEG —
Turnaround: profit against a loss a year ago Operating margin expanded 1870 bps YoY 40% of pre-tax profit came from other income and one-off items
₹ Cr YoY QoQ
Mar 2026 Dec 2025 Mar 2025
Sales
-48.2% -56.9%
1.4 3.3 2.7
Operating profit
+328.6% -68.4%
0.3 0.9 0.1
OPM %
+1870 bps -778 bps
21.3% 29.1% 2.6%
Other income
-60.0% —
0.0 0.0 0.1
Net profit
from loss -92.9%
0.1 0.7 -0.2
PAT margin %
+1200 bps -1786 bps
3.5% 21.4% -8.5%
EPS (₹)
from loss -92.9%
0.05 0.70 -0.23
Quality of profit
Core 60% Other income & one-offs 40%
Pre-tax profit ₹0.1 Cr: core business ₹0.0 Cr, other income ₹0.0 Cr.
Core profit YoY: from loss
Cash & debt
FY26 cash from operations ₹0.6 Cr.
Borrowings ₹21.5 Cr at Mar 2026.
Against its own trend ?
Trend Actual Gap
Sales ₹5.2 ₹1.4
-73.1% below
524434
· Q4 FY26 · Standalone
M Cap —
P/E —
PEG —
Turnaround: profit against a loss a year ago Operating margin expanded 132 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
-68.2% +10.2%
10.0 9.1 31.5
Operating profit
loss narrowed to loss
-0.0 0.1 -0.5
OPM %
+132 bps -97 bps
-0.2% 0.8% -1.5%
Other income
+133.3% +750.0%
1.2 0.1 0.5
Net profit
from loss +940.0%
1.0 0.1 -0.0
PAT margin %
+1045 bps +929 bps
10.4% 1.1% -0.1%
EPS (₹)
from loss +950.0%
0.42 0.04 -0.01
Quality of profit
Pre-tax profit ₹1.1 Cr: core business −₹0.1 Cr, other income ₹1.2 Cr.
Core profit YoY: loss narrowed
Cash & debt
FY26 cash from operations −₹1.4 Cr:
-116% of FY26 net profit of ₹1.2 Cr.
Borrowings ₹1.4 Cr at Mar 2026.
524458
· Q4 FY26 · Standalone
M Cap —
P/E —
PEG —
Turnaround: profit against a loss a year ago Operating margin expanded 915 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
+112.6% +544.4%
8.1 1.3 3.8
Operating profit
from loss from loss
0.0 -0.1 -0.3
OPM %
+915 bps +739 bps
0.2% -7.1% -8.9%
Other income
-20.0% +9.1%
0.1 0.1 0.1
Net profit
from loss +500.0%
0.1 0.0 -0.1
PAT margin %
+283 bps -5 bps
0.7% 0.8% -2.1%
EPS (₹)
from loss +600.0%
0.07 0.01 -0.09
Quality of profit
Pre-tax profit ₹0.1 Cr: core business −₹0.0 Cr, other income ₹0.1 Cr.
Core profit YoY: loss narrowed
Cash & debt
FY26 cash from operations ₹9.1 Cr:
2926% of FY26 net profit of ₹0.3 Cr.
Borrowings nil at Mar 2026.
Against its own trend ?
Trend Actual Gap
Sales ₹1.9 ₹8.1
+325.1% above
524506
· Q4 FY26 · Standalone
M Cap —
P/E —
PEG —
Profit +269% above its own trend Operating margin expanded 1385 bps YoY 32% of pre-tax profit came from other income and one-off items Core business grew faster than reported profit (core profit +164%)
₹ Cr YoY QoQ
Mar 2026 Dec 2025 Mar 2025
Sales
-5.9% +22.8%
26.5 21.6 28.1
Operating profit
+130.5% +228.0%
6.2 1.9 2.7
OPM %
+1385 bps +1465 bps
23.4% 8.8% 9.6%
Other income
+54.4% +6.0%
2.6 2.5 1.7
Net profit
+84.5% +87.8%
5.2 2.8 2.8
PAT margin %
+965 bps +682 bps
19.7% 12.9% 10.1%
EPS (₹)
+84.5% +87.8%
14.61 7.78 7.92
Quality of profit
Core 68% Other income & one-offs 32%
Pre-tax profit ₹8.3 Cr: core business ₹5.7 Cr, other income ₹2.6 Cr.
Core profit YoY: +164.0%
· reported profit +84.5%
Cash & debt
FY26 cash from operations ₹16.0 Cr:
98% of FY26 net profit of ₹16.4 Cr.
Borrowings ₹4.0 Cr at Mar 2026.
Against its own trend ?
Trend Actual Gap
Sales ₹21.6 ₹26.5
+22.9% above
Net profit ₹1.4 ₹5.2
+268.9% above
524516
· 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
— —
0.0 0.0 0.0
Operating profit
— loss widened
-0.1 -0.0 -0.1
Other income
+22.2% +83.3%
0.1 0.1 0.1
Net profit
— —
0.6 0.0 0.0
EPS (₹)
— —
0.43 0.03 0.01
Quality of profit
Pre-tax profit ₹0.0 Cr: core business −₹0.1 Cr, other income ₹0.1 Cr.
Cash & debt
FY26 cash from operations ₹0.7 Cr:
53% of FY26 net profit of ₹1.3 Cr.
Borrowings nil at Mar 2026.
524576
· Q4 FY26 · Standalone
M Cap —
P/E —
PEG —
Profit +28% above its own trend Operating margin expanded 353 bps YoY 62% of pre-tax profit came from other income and one-off items
₹ Cr YoY QoQ
Mar 2026 Dec 2025 Mar 2025
Sales
+11.4% -0.9%
14.6 14.7 13.1
Operating profit
+183.3% +84.8%
0.8 0.5 0.3
OPM %
+353 bps +270 bps
5.8% 3.1% 2.3%
Other income
+5.9% +5.9%
0.2 0.2 0.2
Net profit
+125.0% +42.1%
0.3 0.2 0.1
PAT margin %
+93 bps +56 bps
1.8% 1.3% 0.9%
EPS (₹)
+130.8% +42.9%
0.30 0.21 0.13
Quality of profit
Core 38% Other income & one-offs 62%
Pre-tax profit ₹0.3 Cr: core business ₹0.1 Cr, other income ₹0.2 Cr.
Core profit YoY: —
· reported profit +125.0%
Cash & debt
FY26 cash from operations ₹11.3 Cr:
1527% of FY26 net profit of ₹0.7 Cr.
Borrowings ₹1.8 Cr at Mar 2026.
Against its own trend ?
Trend Actual Gap
Sales ₹21.2 ₹14.6
-31.2% below
Net profit ₹0.2 ₹0.3
+27.6% above
524614
· Q4 FY26 · Standalone
M Cap —
P/E —
PEG —
Turnaround: profit against a loss a year ago 49% 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
— -23.6%
0.4 0.6 0.0
Operating profit
from loss -8.9%
0.4 0.5 -0.3
OPM %
— +1580 bps
97.6% 81.8% —
Other income
— +966.7%
0.3 0.0 0.0
Net profit
from loss +25.5%
0.6 0.5 -0.2
EPS (₹)
from loss +25.0%
0.05 0.04 -0.02
Quality of profit
Core 51% Other income & one-offs 49%
Pre-tax profit ₹0.7 Cr: core business ₹0.3 Cr, other income ₹0.3 Cr.
Core profit YoY: from loss
Cash & debt
FY26 cash from operations −₹0.0 Cr:
-22% of FY26 net profit of ₹0.2 Cr.
Borrowings ₹0.9 Cr at Mar 2026.
Against its own trend ?
Trend Actual Gap
Sales ₹0.0 ₹0.4
+999.0% above
524624
· Q4 FY26 · Standalone
M Cap —
P/E —
PEG —
Profit -41% below its own trend Operating margin contracted 259 bps YoY 33% of pre-tax profit came from other income and one-off items Core business grew faster than reported profit (core profit +71%) Operating cash flow was negative in FY26 despite a profit
₹ Cr YoY QoQ
Mar 2026 Dec 2025 Mar 2025
Sales
+72.4% +5.8%
1.8 1.7 1.1
Operating profit
+33.3% +60.0%
0.2 0.1 0.1
OPM %
-259 bps +299 bps
8.8% 5.8% 11.4%
Other income
-45.5% —
0.1 0.0 0.1
Net profit
+18.2% +62.5%
0.1 0.1 0.1
PAT margin %
-329 bps +250 bps
7.2% 4.7% 10.5%
EPS (₹)
+20.8% +61.1%
0.29 0.18 0.24
Quality of profit
Core 67% Other income & one-offs 33%
Pre-tax profit ₹0.2 Cr: core business ₹0.1 Cr, other income ₹0.1 Cr.
Core profit YoY: +71.4%
· reported profit +18.2%
Cash & debt
FY26 cash from operations −₹0.1 Cr:
-100% of FY26 net profit of ₹0.1 Cr.
Borrowings ₹0.4 Cr at Mar 2026.
Against its own trend ?
Trend Actual Gap
Sales ₹1.1 ₹1.8
+66.3% above
Net profit ₹0.2 ₹0.1
-40.9% below
524632
· Q4 FY26 · Consolidated
M Cap —
P/E —
PEG —
Into loss: a profit a year ago Operating margin contracted 4401 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
-52.4% -83.8%
6.3 39.1 13.3
Operating profit
-90.4% -97.4%
0.7 27.1 7.3
OPM %
-4401 bps -5826 bps
11.1% 69.3% 55.1%
Other income
-35.4% +15.9%
0.9 0.8 1.5
Net profit?
to loss to loss
-1.7 20.4 5.4
PAT margin %
-6783 bps -7925 bps
-27.2% 52.0% 40.6%
EPS (₹)
to loss to loss
-0.04 0.46 0.12
Quality of profit
Pre-tax profit ₹0.4 Cr: core business −₹0.6 Cr, other income ₹0.9 Cr.
Core profit YoY: to loss
Cash & debt
FY26 cash from operations ₹4.0 Cr.
Borrowings ₹5.0 Cr at Mar 2026.
524703
· Q4 FY26 · Standalone
M Cap —
P/E —
PEG —
Profit -90% below its own trend 49% of pre-tax profit came from other income and one-off items Core business grew faster than reported profit (core profit +41%)
₹ Cr YoY QoQ
Mar 2026 Dec 2025 Mar 2025
Sales
+19.8% -10.2%
16.9 18.8 14.1
Operating profit
+26.7% -45.2%
0.6 1.0 0.5
OPM %
+18 bps -216 bps
3.4% 5.5% 3.2%
Other income
+428.6% —
0.4 0.0 0.1
Net profit
-87.9% -95.9%
0.0 1.0 0.3
PAT margin %
-211 bps -499 bps
0.2% 5.2% 2.3%
EPS (₹)
-88.2% -96.0%
0.04 1.01 0.34
Quality of profit
Core 51% Other income & one-offs 49%
Pre-tax profit ₹0.8 Cr: core business ₹0.4 Cr, other income ₹0.4 Cr.
Core profit YoY: +40.7%
· reported profit -87.9%
Cash & debt
FY26 cash from operations ₹6.1 Cr:
348% of FY26 net profit of ₹1.8 Cr.
Borrowings ₹0.4 Cr at Mar 2026.
Against its own trend ?
Trend Actual Gap
Sales ₹13.9 ₹16.9
+21.3% above
Net profit ₹0.4 ₹0.0
-89.6% below
524752
· Q4 FY26 · Consolidated
M Cap —
P/E —
PEG —
68% of pre-tax profit came from other income and one-off items
₹ Cr YoY QoQ
Mar 2026 Dec 2025 Mar 2025
Sales
+2.9% +12.1%
3.6 3.2 3.5
Operating profit
from loss from loss
0.2 -0.4 -6.6
OPM %
— +1978 bps
6.4% -13.4% —
Other income
-80.5% +750.0%
0.2 0.0 0.9
Net profit?
loss narrowed loss narrowed
-0.4 -0.5 -4.1
PAT margin %
— +682 bps
-10.0% -16.8% —
EPS (₹)
loss narrowed loss narrowed
-0.36 -0.53 -4.07
Quality of profit
Core 32% Other income & one-offs 68%
Pre-tax profit ₹0.2 Cr: core business ₹0.1 Cr, other income ₹0.2 Cr.
Core profit YoY: from loss
Cash & debt
FY26 cash from operations −₹2.1 Cr.
Borrowings ₹0.5 Cr at Mar 2026.
Against its own trend ?
Trend Actual Gap
Sales ₹1.8 ₹3.6
+105.7% above
524768
· Q4 FY26 · Standalone
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
-10.0% +0.0%
0.1 0.1 0.1
Operating profit
loss widened loss widened
-0.4 -0.3 -0.3
Other income
-23.0% -4.1%
0.5 0.5 0.6
Net profit
from loss -75.0%
0.0 0.1 -0.1
PAT margin %
+10333 bps —
33.3% — -70.0%
EPS (₹)
from loss -75.0%
0.06 0.24 -0.14
Quality of profit
Pre-tax profit ₹0.1 Cr: core business −₹0.4 Cr, other income ₹0.5 Cr.
Core profit YoY: loss widened
Cash & debt
FY26 cash from operations ₹0.3 Cr:
63% of FY26 net profit of ₹0.4 Cr.
Borrowings nil at Mar 2026.
Against its own trend ?
Trend Actual Gap
Sales ₹0.1 ₹0.1
-11.1% below
524818
· Q4 FY26 · Standalone
M Cap —
P/E —
PEG —
Profit -45% below its own trend 35% of pre-tax profit came from other income and one-off items
₹ Cr YoY QoQ
Mar 2026 Dec 2025 Mar 2025
Sales
-8.7% +22.9%
17.3 14.1 19.0
Operating profit
-7.5% +56.3%
1.4 0.9 1.5
OPM %
+10 bps +168 bps
7.8% 6.2% 7.7%
Other income
+163.6% +866.7%
0.3 0.0 0.1
Net profit
-7.5% —
0.6 0.1 0.7
PAT margin %
+5 bps +322 bps
3.6% 0.4% 3.5%
EPS (₹)
-7.2% —
2.05 0.17 2.21
Quality of profit
Core 65% Other income & one-offs 35%
Pre-tax profit ₹0.8 Cr: core business ₹0.5 Cr, other income ₹0.3 Cr.
Core profit YoY: -5.3%
· reported profit -7.5%
Cash & debt
FY26 cash from operations ₹6.4 Cr:
350% of FY26 net profit of ₹1.8 Cr.
Borrowings ₹13.8 Cr at Mar 2026.
Against its own trend ?
Trend Actual Gap
Sales ₹21.0 ₹17.3
-17.4% below
Net profit ₹1.1 ₹0.6
-44.9% below
526043
· Q4 FY26 · Consolidated
M Cap —
P/E —
PEG —
Profit +844% above its own trend Operating margin contracted 369 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
+13.4% +7.5%
21.8 20.2 19.2
Operating profit
to loss to loss
-0.3 1.1 0.4
OPM %
-369 bps -705 bps
-1.6% 5.4% 2.1%
Other income
— —
4.3 0.2 0.2
Net profit?
— +388.5%
3.0 0.6 0.2
PAT margin %
+1266 bps +1069 bps
13.7% 3.0% 1.0%
EPS (₹)
— +388.1%
5.32 1.09 0.36
Quality of profit
Pre-tax profit ₹3.6 Cr: core business −₹0.7 Cr, other income ₹4.3 Cr.
Core profit YoY: to loss
Cash & debt
FY26 cash from operations −₹5.2 Cr:
-163% of FY26 net profit of ₹3.2 Cr.
Borrowings ₹4.7 Cr at Mar 2026.
Against its own trend ?
Trend Actual Gap
Sales ₹19.1 ₹21.8
+13.9% above
Net profit ₹0.3 ₹3.0
+843.8% above
526095
· Q4 FY26 · Standalone
M Cap —
P/E —
PEG —
Turnaround: profit against a loss a year ago Operating margin expanded 1462 bps YoY 41% 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
+40.1% +149.2%
22.7 9.1 16.2
Operating profit
— +173.5%
3.6 1.3 0.2
OPM %
+1462 bps +141 bps
15.9% 14.5% 1.3%
Other income
+483.3% +230.2%
1.8 0.5 0.3
Net profit
from loss —
3.9 0.3 -0.2
PAT margin %
+1857 bps +1429 bps
17.2% 2.9% -1.4%
EPS (₹)
from loss —
3.67 0.25 -0.22
Quality of profit
Core 59% Other income & one-offs 41%
Pre-tax profit ₹4.2 Cr: core business ₹2.5 Cr, other income ₹1.8 Cr.
Core profit YoY: from loss
Cash & debt
FY26 cash from operations −₹5.5 Cr:
-55% of FY26 net profit of ₹9.9 Cr.
Borrowings ₹58.0 Cr at Mar 2026.
Against its own trend ?
Trend Actual Gap
Sales ₹24.8 ₹22.7
-8.5% below
526113
· Q4 FY26 · Standalone
M Cap —
P/E —
PEG —
Operating margin contracted 2539 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
+126.5% +213.8%
14.1 4.5 6.2
Operating profit
-90.3% -62.8%
0.2 0.4 1.6
OPM %
-2539 bps -844 bps
1.1% 9.6% 26.5%
Other income
+80.0% +800.0%
0.1 0.0 0.1
Net profit
-99.1% -75.0%
0.0 0.0 1.1
PAT margin %
-1697 bps -82 bps
0.1% 0.9% 17.0%
EPS (₹)
-98.8% -66.7%
0.02 0.06 1.64
Quality of profit
Pre-tax profit ₹0.0 Cr: core business −₹0.1 Cr, other income ₹0.1 Cr.
Core profit YoY: to loss
· reported profit -99.1%
Cash & debt
FY26 cash from operations −₹0.5 Cr:
-174% of FY26 net profit of ₹0.3 Cr.
Borrowings ₹16.5 Cr at Mar 2026.
Against its own trend ?
Trend Actual Gap
Sales ₹6.2 ₹14.1
+128.3% above
526117
· Q4 FY26 · Consolidated
M Cap —
P/E —
PEG —
Into loss: a profit a year ago Profit -138% 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
-76.8% -77.5%
1.5 6.6 6.4
Operating profit
loss widened to loss
-2.5 0.6 -0.7
Other income
+12.7% +304.0%
4.0 1.0 3.5
Net profit?
to loss to loss
-0.8 0.0 2.0
PAT margin %
-8701 bps -5616 bps
-55.7% 0.5% 31.3%
EPS (₹)
to loss to loss
-3.23 0.12 7.81
Quality of profit
Pre-tax profit ₹1.2 Cr: core business −₹2.8 Cr, other income ₹4.0 Cr.
Core profit YoY: loss widened
Cash & debt
FY26 cash from operations ₹44.7 Cr.
Borrowings ₹72.1 Cr at Mar 2026.
Against its own trend ?
Trend Actual Gap
Sales ₹3.2 ₹1.5
-53.6% below
Net profit ₹2.2 −₹0.8
-137.8% below
526133
· Q4 FY26 · Standalone
M Cap —
P/E —
PEG —
Turnaround: profit against a loss a year ago Operating margin expanded 670 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
-22.4% -22.4%
8.3 10.7 10.7
Operating profit
+75.4% +29.9%
1.0 0.8 0.6
OPM %
+670 bps +484 bps
12.0% 7.2% 5.3%
Other income
-26.3% +250.0%
0.1 0.0 0.2
Net profit
from loss from loss
0.0 -0.1 -0.8
PAT margin %
+736 bps +148 bps
0.4% -1.1% -7.0%
EPS (₹)
from loss from loss
0.03 -0.11 -0.66
Quality of profit
Pre-tax profit ₹0.1 Cr: core business −₹0.0 Cr, other income ₹0.1 Cr.
Core profit YoY: loss narrowed
Cash & debt
FY26 cash from operations ₹3.2 Cr:
2025% of FY26 net profit of ₹0.2 Cr.
Borrowings ₹32.8 Cr at Mar 2026.
Against its own trend ?
Trend Actual Gap
Sales ₹5.4 ₹8.3
+55.2% above
526143
· Q4 FY26 · Standalone
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 widened
-0.2 -0.1 -0.2
Other income
+433.3% +357.1%
0.3 0.1 0.1
Net profit
from loss from loss
0.2 -0.1 -0.1
EPS (₹)
from loss from loss
0.13 -0.05 -0.10
Quality of profit
Pre-tax profit ₹0.2 Cr: core business −₹0.2 Cr, other income ₹0.3 Cr.
Core profit YoY: loss narrowed
Cash & debt
FY26 cash from operations −₹0.5 Cr.
Borrowings ₹3.9 Cr at Mar 2026.
526169
· Q4 FY26 · Standalone
M Cap —
P/E —
PEG —
Profit -42% below its own trend Operating margin contracted 2007 bps YoY 45% of pre-tax profit came from other income and one-off items
₹ Cr YoY QoQ
Mar 2026 Dec 2025 Mar 2025
Sales
+11.3% +31.3%
17.8 13.5 15.9
Operating profit
-62.9% -53.9%
1.8 3.9 4.8
OPM %
-2007 bps -1851 bps
10.0% 28.5% 30.1%
Other income
+18.4% +38.1%
1.2 0.8 1.0
Net profit
-51.1% -39.3%
2.0 3.3 4.1
PAT margin %
-1431 bps -1304 bps
11.2% 24.2% 25.5%
EPS (₹)
-51.1% -39.2%
1.58 2.60 3.23
Quality of profit
Core 55% Other income & one-offs 45%
Pre-tax profit ₹2.6 Cr: core business ₹1.4 Cr, other income ₹1.2 Cr.
Core profit YoY: -68.2%
· reported profit -51.1%
Cash & debt
FY26 cash from operations ₹13.0 Cr:
125% of FY26 net profit of ₹10.4 Cr.
Borrowings nil at Mar 2026.
Against its own trend ?
Trend Actual Gap
Sales ₹15.0 ₹17.8
+18.6% above
Net profit ₹3.5 ₹2.0
-42.4% below
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 14 Oct 2026, 01:16 IST