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, 02:23 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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530741
· Q4 FY26 · Standalone
M Cap —
P/E —
PEG —
Profit +17% above its own trend Operating margin expanded 542 bps YoY 37% of pre-tax profit came from other income and one-off items Profit grew faster than the core business (core profit +100%)
₹ Cr YoY QoQ
Mar 2026 Dec 2025 Mar 2025
Sales
+35.4% -12.2%
65.0 74.0 48.0
Operating profit
+85.7% +550.0%
13.0 2.0 7.0
OPM %
+542 bps +1730 bps
20.0% 2.7% 14.6%
Other income
+250.0% +75.0%
7.0 4.0 2.0
Net profit
+133.3% +366.7%
14.0 3.0 6.0
PAT margin %
+904 bps +1748 bps
21.5% 4.1% 12.5%
EPS (₹)
+142.5% +409.9%
14.94 2.93 6.16
Quality of profit
Core 63% Other income & one-offs 37%
Pre-tax profit ₹19.0 Cr: core business ₹12.0 Cr, other income ₹7.0 Cr.
Core profit YoY: +100.0%
· reported profit +133.3%
Cash & debt
FY26 cash from operations ₹30.0 Cr:
115% of FY26 net profit of ₹26.0 Cr.
Borrowings ₹29.0 Cr at Mar 2026.
Against its own trend ?
Trend Actual Gap
Sales ₹67.4 ₹65.0
-3.6% in line
Net profit ₹12.0 ₹14.0
+16.7% above
530755
· 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
— —
0.1 0.0 0.0
Operating profit
loss narrowed —
-0.1 -0.1 -0.2
OPM %
— —
-69.2% — —
Other income
— —
0.3 0.0 0.0
Net profit
from loss from loss
0.2 -0.1 -0.2
EPS (₹)
from loss from loss
0.34 -0.18 -0.49
Quality of profit
Pre-tax profit ₹0.2 Cr: core business −₹0.1 Cr, other income ₹0.3 Cr.
Core profit YoY: loss narrowed
Cash & debt
FY26 cash from operations −₹0.3 Cr.
Borrowings ₹1.6 Cr at Mar 2026.
530757
· Q4 FY26 · Standalone
M Cap —
P/E —
PEG —
Turnaround: profit against a loss a year ago 78% of pre-tax profit came from other income and one-off items
₹ Cr YoY QoQ
Mar 2026 Dec 2025 Mar 2025
Sales
— —
0.1 0.0 0.0
Operating profit
from loss from loss
0.0 -0.0 -0.0
OPM %
— —
40.0% — —
Other income
from loss —
0.1 0.0 -0.2
Net profit
from loss from loss
0.1 -0.0 -0.3
EPS (₹)
from loss from loss
0.20 -0.02 -0.61
Quality of profit
Core 22% Other income & one-offs 78%
Pre-tax profit ₹0.1 Cr: core business ₹0.0 Cr, other income ₹0.1 Cr.
Core profit YoY: from loss
Cash & debt
FY26 cash from operations −₹0.1 Cr.
Borrowings ₹0.3 Cr at Mar 2026.
530765
· Q4 FY26 · Standalone
M Cap —
P/E —
PEG —
Profit -89% below its own trend Operating margin expanded 547 bps YoY 100% 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
-82.0% -45.5%
0.4 0.8 2.3
Operating profit
-66.7% +0.0%
0.1 0.1 0.1
OPM %
+547 bps +541 bps
11.9% 6.5% 6.4%
Other income
— —
0.0 0.0 0.0
Net profit
-90.0% +0.0%
0.0 0.0 0.1
PAT margin %
-191 bps +108 bps
2.4% 1.3% 4.3%
EPS (₹)
-89.7% +0.0%
0.03 0.03 0.29
Quality of profit
Core 0% Other income & one-offs 100%
Pre-tax profit ₹0.0 Cr: core business ₹0.0 Cr, other income ₹0.0 Cr.
Core profit YoY: -100.0%
· reported profit -90.0%
Cash & debt
FY26 cash from operations −₹0.4 Cr:
-667% of FY26 net profit of ₹0.1 Cr.
Borrowings ₹2.0 Cr at Mar 2026.
Against its own trend ?
Trend Actual Gap
Sales ₹4.2 ₹0.4
-90.1% below
Net profit ₹0.1 ₹0.0
-88.6% below
530839
· Q4 FY26 · Standalone
M Cap —
P/E —
PEG —
Turnaround: profit against a loss a year ago Operating margin expanded 5694 bps YoY 32% of pre-tax profit came from other income and one-off items
₹ Cr YoY QoQ
Mar 2026 Dec 2025 Mar 2025
Sales
+700.0% -62.9%
0.7 1.9 0.1
Operating profit
from loss -21.9%
0.2 0.3 -0.0
OPM %
+5694 bps +1823 bps
34.7% 16.5% -22.2%
Other income
+200.0% +200.0%
0.1 0.0 0.0
Net profit
from loss +35.7%
0.4 0.3 -0.0
PAT margin %
+6389 bps +3834 bps
52.8% 14.4% -11.1%
EPS (₹)
from loss +40.0%
0.35 0.25 -0.01
Quality of profit
Core 68% Other income & one-offs 32%
Pre-tax profit ₹0.4 Cr: core business ₹0.2 Cr, other income ₹0.1 Cr.
Core profit YoY: from loss
Cash & debt
FY26 cash from operations ₹2.5 Cr:
377% of FY26 net profit of ₹0.7 Cr.
Borrowings ₹16.8 Cr at Mar 2026.
Against its own trend ?
Trend Actual Gap
Sales ₹0.2 ₹0.7
+300.0% above
530853
· Q4 FY26 · Standalone
M Cap —
P/E —
PEG —
Turnaround: profit against a loss a year ago Operating margin expanded 5346 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
-10.5% +4.8%
3.9 3.8 4.4
Operating profit
from loss from loss
0.0 -0.1 -2.3
OPM %
+5346 bps +210 bps
0.5% -1.6% -53.0%
Other income
-58.3% -54.5%
0.1 0.1 0.1
Net profit
from loss +0.0%
0.0 0.0 -2.4
PAT margin %
+5389 bps -1 bps
0.3% 0.3% -53.6%
EPS (₹)
from loss +0.0%
0.03 0.03 -7.54
Quality of profit
Pre-tax profit ₹0.0 Cr: core business −₹0.0 Cr, other income ₹0.1 Cr.
Core profit YoY: loss narrowed
Cash & debt
FY26 cash from operations ₹1.6 Cr.
Borrowings ₹0.5 Cr at Mar 2026.
Against its own trend ?
Trend Actual Gap
Sales ₹2.9 ₹3.9
+35.5% above
530897
· Q4 FY26 · Standalone
M Cap —
P/E —
PEG —
Turnaround: profit against a loss a year ago Operating margin expanded 215 bps YoY 32% of pre-tax profit came from other income and one-off items
₹ Cr YoY QoQ
Mar 2026 Dec 2025 Mar 2025
Sales
-2.5% +1.6%
4.4 4.3 4.5
Operating profit
+14.5% +28.6%
0.6 0.5 0.6
OPM %
+215 bps +303 bps
14.4% 11.4% 12.3%
Other income
from loss -18.5%
0.2 0.3 -3.2
Net profit
from loss +64.3%
0.7 0.4 -2.4
PAT margin %
+7019 bps +604 bps
15.8% 9.8% -54.4%
EPS (₹)
from loss +64.8%
2.06 1.25 -7.25
Quality of profit
Core 68% Other income & one-offs 32%
Pre-tax profit ₹0.7 Cr: core business ₹0.5 Cr, other income ₹0.2 Cr.
Core profit YoY: +30.6%
Cash & debt
FY26 cash from operations ₹1.0 Cr:
55% of FY26 net profit of ₹1.7 Cr.
Borrowings ₹1.6 Cr at Mar 2026.
Against its own trend ?
Trend Actual Gap
Sales ₹4.6 ₹4.4
-5.9% below
530921
· 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
-68.9% +206.7%
0.5 0.1 1.5
Operating profit
to loss loss narrowed
-0.7 -1.0 0.3
Other income
— —
9.8 0.0 0.0
Net profit
— from loss
8.8 -1.1 0.3
EPS (₹)
— from loss
14.01 -1.73 0.45
Quality of profit
Pre-tax profit ₹8.8 Cr: core business −₹1.0 Cr, other income ₹9.8 Cr.
Core profit YoY: to loss
Cash & debt
FY26 cash from operations ₹26.5 Cr:
536% of FY26 net profit of ₹4.9 Cr.
Borrowings ₹29.1 Cr at Mar 2026.
Against its own trend ?
Trend Actual Gap
Sales ₹1.0 ₹0.5
-54.6% below
530925
· Q4 FY26 · Standalone
M Cap —
P/E —
PEG —
Profit -53% 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 -0.2 -0.2
Other income
-18.8% —
2.3 0.2 2.8
Net profit
-6.2% —
2.1 0.0 2.3
EPS (₹)
-6.2% —
7.08 0.03 7.55
Quality of profit
Pre-tax profit ₹2.1 Cr: core business −₹0.2 Cr, other income ₹2.3 Cr.
Core profit YoY: loss widened
· reported profit -6.2%
Cash & debt
FY26 cash from operations −₹7.1 Cr:
-94% of FY26 net profit of ₹7.6 Cr.
Borrowings nil at Mar 2026.
Against its own trend ?
Trend Actual Gap
Net profit ₹4.5 ₹2.1
-53.1% below
530951
· Q4 FY26 · Consolidated
M Cap —
P/E —
PEG —
Profit -90% below its own trend Operating margin expanded 811 bps YoY 66% 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
+125.0% +29.2%
10.1 7.8 4.5
Operating profit
+605.9% -21.6%
1.2 1.5 0.2
OPM %
+811 bps -771 bps
11.9% 19.6% 3.8%
Other income
-62.8% +7.4%
0.6 0.5 1.6
Net profit?
-80.4% -88.3%
0.1 0.9 0.6
PAT margin %
-1141 bps -1096 bps
1.1% 12.1% 12.5%
EPS (₹)
-78.4% -86.8%
0.16 1.21 0.74
Quality of profit
Core 34% Other income & one-offs 66%
Pre-tax profit ₹0.9 Cr: core business ₹0.3 Cr, other income ₹0.6 Cr.
Core profit YoY: from loss
· reported profit -80.4%
Cash & debt
FY26 cash from operations −₹16.7 Cr:
-944% of FY26 net profit of ₹1.8 Cr.
Borrowings ₹4.3 Cr at Mar 2026.
Against its own trend ?
Trend Actual Gap
Sales ₹7.5 ₹10.1
+34.6% above
Net profit ₹1.1 ₹0.1
-90.2% below
530953
· Q4 FY26 · Standalone
M Cap —
P/E —
PEG —
Operating margin expanded 168 bps YoY 67% 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
-24.1% -7.5%
45.5 49.2 60.0
Operating profit
+45.5% +13.5%
1.6 1.4 1.1
OPM %
+168 bps +65 bps
3.5% 2.9% 1.8%
Other income
+12.5% +125.0%
0.2 0.1 0.2
Net profit
+340.0% +633.3%
0.2 0.0 0.1
PAT margin %
+40 bps +42 bps
0.5% 0.1% 0.1%
EPS (₹)
+329.4% +630.0%
0.73 0.10 0.17
Quality of profit
Core 33% Other income & one-offs 67%
Pre-tax profit ₹0.3 Cr: core business ₹0.1 Cr, other income ₹0.2 Cr.
Core profit YoY: from loss
· reported profit +340.0%
Cash & debt
FY26 cash from operations −₹5.0 Cr:
-1250% of FY26 net profit of ₹0.4 Cr.
Borrowings ₹41.0 Cr at Mar 2026.
Against its own trend ?
Trend Actual Gap
Sales ₹55.6 ₹45.5
-18.1% below
530973
· Q4 FY26 · Standalone
M Cap —
P/E —
PEG —
Profit -56% below its own trend Operating margin contracted 643 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
+27.1% +16.8%
25.9 22.2 20.4
Operating profit
-70.2% -56.0%
0.5 1.2 1.7
OPM %
-643 bps -326 bps
2.0% 5.2% 8.4%
Other income
+115.7% +307.4%
1.1 0.3 0.5
Net profit
-48.1% +43.6%
0.6 0.4 1.1
PAT margin %
-314 bps +40 bps
2.2% 1.8% 5.3%
EPS (₹)
-47.9% +43.3%
1.39 0.97 2.67
Quality of profit
Pre-tax profit ₹0.8 Cr: core business −₹0.3 Cr, other income ₹1.1 Cr.
Core profit YoY: to loss
· reported profit -48.1%
Cash & debt
FY26 cash from operations ₹5.8 Cr:
308% of FY26 net profit of ₹1.9 Cr.
Borrowings ₹16.8 Cr at Mar 2026.
Against its own trend ?
Trend Actual Gap
Sales ₹21.6 ₹25.9
+19.7% above
Net profit ₹1.3 ₹0.6
-56.4% below
530997
· Q4 FY26 · Standalone
M Cap —
P/E —
PEG —
Profit +999% above its own trend Operating margin expanded 693 bps YoY 57% 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
+68.1% +109.9%
36.6 17.4 21.8
Operating profit
from loss -55.4%
1.0 2.3 -0.9
OPM %
+693 bps -1053 bps
2.8% 13.4% -4.1%
Other income
+37.1% +212.8%
1.2 0.4 0.9
Net profit
— -22.8%
1.5 2.0 0.1
PAT margin %
+388 bps -715 bps
4.2% 11.3% 0.3%
EPS (₹)
— -23.0%
2.55 3.31 0.10
Quality of profit
Core 43% Other income & one-offs 57%
Pre-tax profit ₹2.1 Cr: core business ₹0.9 Cr, other income ₹1.2 Cr.
Core profit YoY: from loss
Cash & debt
FY26 cash from operations −₹9.0 Cr:
-112% of FY26 net profit of ₹8.1 Cr.
Borrowings ₹7.0 Cr at Mar 2026.
Against its own trend ?
Trend Actual Gap
Sales ₹12.6 ₹36.6
+191.5% above
Net profit ₹0.0 ₹1.5
+999.0% above
531015
· Q4 FY26 · Standalone
M Cap —
P/E —
PEG —
Profit -93% below its own trend Operating margin expanded 7323 bps YoY 82% 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
— +154.2%
3.9 1.6 0.3
Operating profit
from loss from loss
0.0 -0.0 -0.2
OPM %
+7323 bps +244 bps
0.5% -1.9% -72.7%
Other income
-91.2% +28.6%
0.1 0.1 1.0
Net profit
-85.9% +266.7%
0.1 0.0 0.8
PAT margin %
— +86 bps
2.8% 1.9% —
EPS (₹)
-94.0% +125.0%
0.09 0.04 1.49
Quality of profit
Core 18% Other income & one-offs 82%
Pre-tax profit ₹0.1 Cr: core business ₹0.0 Cr, other income ₹0.1 Cr.
Core profit YoY: from loss
· reported profit -85.9%
Cash & debt
FY26 cash from operations −₹11.0 Cr:
-5500% of FY26 net profit of ₹0.2 Cr.
Borrowings ₹0.3 Cr at Mar 2026.
Against its own trend ?
Trend Actual Gap
Sales ₹0.7 ₹3.9
+497.0% above
Net profit ₹1.6 ₹0.1
-92.9% below
531035
· Q4 FY26 · Consolidated
M Cap —
P/E —
PEG —
Turnaround: profit against a loss a year ago Operating margin expanded 1794 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
-5.1% -7.6%
573 620 604
Operating profit
from loss -21.9%
25.0 32.0 -82.0
OPM %
+1794 bps -80 bps
4.4% 5.2% -13.6%
Other income
from loss +236.4%
37.0 11.0 -51.0
Net profit?
from loss from loss
82.0 -55.0 -325
PAT margin %
+6812 bps +2318 bps
14.3% -8.9% -53.8%
EPS (₹)
loss narrowed loss narrowed
-1.54 -1.73 -20.00
Quality of profit
Pre-tax profit ₹7.0 Cr: core business −₹30.0 Cr, other income ₹37.0 Cr.
Core profit YoY: loss narrowed
Cash & debt
FY26 cash from operations −₹23.0 Cr.
Borrowings ₹1,319 Cr at Mar 2026.
Against its own trend ?
Trend Actual Gap
Sales ₹1,208 ₹573
-52.6% below
531043
· Q4 FY26 · Standalone
M Cap —
P/E —
PEG —
Profit +999% above its own trend Operating margin expanded 470 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
+24.2% -0.4%
7.2 7.3 5.8
Operating profit
+875.0% +34.5%
0.4 0.3 0.0
OPM %
+470 bps +140 bps
5.4% 4.0% 0.7%
Other income
-9.1% +42.9%
0.1 0.1 0.1
Net profit
+900.0% +76.5%
0.3 0.2 0.0
PAT margin %
+363 bps +181 bps
4.1% 2.3% 0.5%
EPS (₹)
+942.9% +78.0%
0.73 0.41 0.07
Quality of profit
Core 67% Other income & one-offs 33%
Pre-tax profit ₹0.3 Cr: core business ₹0.2 Cr, other income ₹0.1 Cr.
Core profit YoY: from loss
· reported profit +900.0%
Cash & debt
FY26 cash from operations ₹1.7 Cr:
441% of FY26 net profit of ₹0.4 Cr.
Borrowings nil at Mar 2026.
Against its own trend ?
Trend Actual Gap
Sales ₹6.3 ₹7.2
+15.6% above
Net profit ₹0.0 ₹0.3
+999.0% above
531049
· 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
— —
0.0 0.0 0.0
Operating profit
— loss widened
-0.2 -0.0 -0.2
Other income
-18.2% +440.0%
0.5 0.1 0.7
Net profit
-35.1% +380.0%
0.2 0.1 0.4
EPS (₹)
-34.2% +380.0%
0.48 0.10 0.73
Quality of profit
Pre-tax profit ₹0.3 Cr: core business −₹0.2 Cr, other income ₹0.5 Cr.
Core profit YoY: —
· reported profit -35.1%
Cash & debt
FY26 cash from operations −₹4.3 Cr:
-1891% of FY26 net profit of ₹0.2 Cr.
Borrowings nil at Mar 2026.
531067
· Q4 FY26 · Standalone
M Cap —
P/E —
PEG —
Operating margin contracted 564 bps YoY 91% of pre-tax profit came from other income and one-off items Profit grew faster than the core business (core profit -89%) FY26 operating cash flow was only 35% of profit
₹ Cr YoY QoQ
Mar 2026 Dec 2025 Mar 2025
Sales
+0.7% -18.0%
7.2 8.7 7.1
Operating profit
-80.0% -86.7%
0.1 0.8 0.5
OPM %
-564 bps -719 bps
1.4% 8.6% 7.0%
Other income
+900.0% +25.0%
0.5 0.4 0.1
Net profit
+2.3% -46.4%
0.5 0.8 0.4
PAT margin %
+10 bps -334 bps
6.3% 9.6% 6.2%
EPS (₹)
+3.6% -46.3%
0.29 0.54 0.28
Quality of profit
Core 9% Other income & one-offs 91%
Pre-tax profit ₹0.6 Cr: core business ₹0.1 Cr, other income ₹0.5 Cr.
Core profit YoY: -89.4%
· reported profit +2.3%
Cash & debt
FY26 cash from operations ₹0.8 Cr:
35% of FY26 net profit of ₹2.3 Cr.
Borrowings nil at Mar 2026.
Against its own trend ?
Trend Actual Gap
Sales ₹7.1 ₹7.2
+1.0% in line
Net profit ₹0.5 ₹0.5
-2.7% in line
531129
· Q4 FY26 · Standalone
M Cap —
P/E —
PEG —
Turnaround: profit against a loss a year ago Operating margin expanded 859 bps YoY 68% of pre-tax profit came from other income and one-off items
₹ Cr YoY QoQ
Mar 2026 Dec 2025 Mar 2025
Sales
-6.0% +21.2%
10.5 8.6 11.1
Operating profit
+275.0% +122.2%
1.2 0.5 0.3
OPM %
+859 bps +521 bps
11.5% 6.2% 2.9%
Other income
+100.0% +47.4%
0.3 0.2 0.1
Net profit
from loss from loss
0.4 -0.3 -0.7
PAT margin %
+1020 bps +774 bps
3.9% -3.8% -6.3%
EPS (₹)
from loss from loss
0.22 -0.18 -0.38
Quality of profit
Core 32% Other income & one-offs 68%
Pre-tax profit ₹0.4 Cr: core business ₹0.1 Cr, other income ₹0.3 Cr.
Core profit YoY: from loss
Cash & debt
FY26 cash from operations ₹3.2 Cr:
1806% of FY26 net profit of ₹0.2 Cr.
Borrowings ₹21.1 Cr at Mar 2026.
Against its own trend ?
Trend Actual Gap
Sales ₹11.2 ₹10.5
-6.6% below
531158
· Q4 FY26 · Consolidated
M Cap —
P/E —
PEG —
Turnaround: profit against a loss a year ago Operating margin expanded 786 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
+12.3% -5.1%
5.4 5.7 4.8
Operating profit
loss narrowed to loss
-0.1 0.1 -0.4
OPM %
+786 bps -341 bps
-1.1% 2.3% -9.0%
Other income
+21.9% —
0.4 0.0 0.3
Net profit?
from loss —
0.1 0.0 -0.6
PAT margin %
+1401 bps +149 bps
1.5% 0.0% -12.5%
EPS (₹)
from loss —
0.15 0.00 -1.10
Quality of profit
Pre-tax profit ₹0.2 Cr: core business −₹0.2 Cr, other income ₹0.4 Cr.
Core profit YoY: loss narrowed
Cash & debt
FY26 cash from operations ₹0.7 Cr:
453% of FY26 net profit of ₹0.1 Cr.
Borrowings ₹0.3 Cr at Mar 2026.
Against its own trend ?
Trend Actual Gap
Sales ₹5.1 ₹5.4
+5.9% above
531210
· Q4 FY26 · Standalone
M Cap —
P/E —
PEG —
Profit +16% above its own trend Operating margin contracted 175 bps YoY 81% of pre-tax profit came from other income and one-off items Profit grew faster than the core business (core profit -20%) FY26 operating cash flow was only 0% of profit
₹ Cr YoY QoQ
Mar 2026 Dec 2025 Mar 2025
Sales
+20.7% +22.4%
1.8 1.4 1.4
Operating profit
-10.0% -10.0%
0.1 0.1 0.1
OPM %
-175 bps -185 bps
5.1% 7.0% 6.9%
Other income
+112.5% +112.5%
0.2 0.1 0.1
Net profit
+13.3% +112.5%
0.2 0.1 0.1
PAT margin %
-63 bps +412 bps
9.7% 5.6% 10.3%
EPS (₹)
+11.7% +109.4%
0.67 0.32 0.60
Quality of profit
Core 19% Other income & one-offs 81%
Pre-tax profit ₹0.2 Cr: core business ₹0.0 Cr, other income ₹0.2 Cr.
Core profit YoY: -20.0%
· reported profit +13.3%
Cash & debt
FY26 cash from operations ₹0.0 Cr:
0% of FY26 net profit of ₹0.5 Cr.
Borrowings ₹0.4 Cr at Mar 2026.
Against its own trend ?
Trend Actual Gap
Sales ₹1.3 ₹1.8
+35.1% above
Net profit ₹0.1 ₹0.2
+16.5% above
531223
· Q4 FY26 · Standalone
M Cap —
P/E —
PEG —
Profit +175% above its own trend 31% of pre-tax profit came from other income and one-off items Profit grew faster than the core business (core profit +97%)
₹ Cr YoY QoQ
Mar 2026 Dec 2025 Mar 2025
Sales
+17.6% +3.4%
74.1 71.7 63.0
Operating profit
+0.6% -35.0%
1.7 2.7 1.7
OPM %
-39 bps -138 bps
2.3% 3.7% 2.7%
Other income
+50.0% +800.0%
0.3 0.0 0.2
Net profit
+136.4% -29.7%
0.8 1.1 0.3
PAT margin %
+53 bps -50 bps
1.1% 1.5% 0.5%
EPS (₹)
+140.9% -29.3%
0.53 0.75 0.22
Quality of profit
Core 69% Other income & one-offs 31%
Pre-tax profit ₹0.9 Cr: core business ₹0.6 Cr, other income ₹0.3 Cr.
Core profit YoY: +96.7%
· reported profit +136.4%
Cash & debt
FY26 cash from operations ₹6.0 Cr:
158% of FY26 net profit of ₹3.8 Cr.
Borrowings ₹30.0 Cr at Mar 2026.
Against its own trend ?
Trend Actual Gap
Sales ₹79.1 ₹74.1
-6.4% below
Net profit ₹0.3 ₹0.8
+175.3% above
531227
· Q4 FY26 · Standalone
M Cap —
P/E —
PEG —
Profit -93% below its own trend Operating margin contracted 733 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
-9.0% +21.7%
20.2 16.6 22.2
Operating profit
-93.2% -93.4%
0.1 1.8 1.8
OPM %
-733 bps -1037 bps
0.6% 11.0% 7.9%
Other income
-1.1% —
0.9 0.0 0.9
Net profit
-95.4% -93.3%
0.0 0.6 0.9
PAT margin %
-372 bps -342 bps
0.2% 3.6% 3.9%
EPS (₹)
-95.2% -93.0%
0.10 1.43 2.07
Quality of profit
Pre-tax profit ₹0.3 Cr: core business −₹0.6 Cr, other income ₹0.9 Cr.
Core profit YoY: to loss
· reported profit -95.4%
Cash & debt
FY26 cash from operations ₹1.0 Cr:
146% of FY26 net profit of ₹0.7 Cr.
Borrowings ₹23.1 Cr at Mar 2026.
Against its own trend ?
Trend Actual Gap
Sales ₹19.3 ₹20.2
+4.6% in line
Net profit ₹0.6 ₹0.0
-93.0% below
531233
· Q4 FY26 · Standalone
M Cap —
P/E —
PEG —
Operating margin contracted 212 bps YoY 70% of pre-tax profit came from other income and one-off items Profit grew faster than the core business (core profit -51%)
₹ Cr YoY QoQ
Mar 2026 Dec 2025 Mar 2025
Sales
-8.3% +7.6%
18.6 17.2 20.2
Operating profit
-56.8% -66.7%
0.3 1.1 0.8
OPM %
-212 bps -420 bps
1.9% 6.1% 4.0%
Other income
+200.0% +420.0%
0.8 0.1 0.3
Net profit
+13.4% +2.7%
0.8 0.7 0.7
PAT margin %
+78 bps -20 bps
4.1% 4.3% 3.3%
EPS (₹)
+9.1% +0.0%
0.24 0.24 0.22
Quality of profit
Core 30% Other income & one-offs 70%
Pre-tax profit ₹1.1 Cr: core business ₹0.3 Cr, other income ₹0.8 Cr.
Core profit YoY: -51.4%
· reported profit +13.4%
Cash & debt
FY26 cash from operations ₹6.4 Cr:
183% of FY26 net profit of ₹3.5 Cr.
Borrowings ₹0.1 Cr at Mar 2026.
Against its own trend ?
Trend Actual Gap
Sales ₹18.0 ₹18.6
+3.0% in line
Net profit ₹0.7 ₹0.8
+7.7% in line
531246
· 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
-17.2% -18.9%
1.6 2.0 1.9
Operating profit
loss narrowed to loss
-0.1 0.3 -0.1
OPM %
+50 bps -2100 bps
-3.1% 17.9% -3.6%
Other income
+395.3% —
4.2 0.0 0.8
Net profit
— —
4.0 0.2 0.3
EPS (₹)
— —
3.67 0.23 0.28
Quality of profit
Pre-tax profit ₹4.0 Cr: core business −₹0.2 Cr, other income ₹4.2 Cr.
Core profit YoY: loss widened
Cash & debt
FY26 cash from operations −₹0.9 Cr:
-23% of FY26 net profit of ₹4.0 Cr.
Borrowings ₹4.7 Cr at Mar 2026.
Against its own trend ?
Trend Actual Gap
Sales ₹2.1 ₹1.6
-26.0% below
531253
· Q4 FY26 · Standalone
M Cap —
P/E —
PEG —
Profit -54% below its own trend Operating margin contracted 130 bps YoY 39% of pre-tax profit came from other income and one-off items
₹ Cr YoY QoQ
Mar 2026 Dec 2025 Mar 2025
Sales
-26.7% -13.0%
39.0 44.8 53.2
Operating profit
-33.4% -34.9%
5.0 7.7 7.5
OPM %
-130 bps -430 bps
12.8% 17.1% 14.1%
Other income
+30.0% +15.8%
2.3 2.0 1.8
Net profit
-21.5% -36.9%
4.5 7.1 5.7
PAT margin %
+75 bps -434 bps
11.5% 15.8% 10.7%
EPS (₹)
-21.5% -36.9%
6.32 10.01 8.05
Quality of profit
Core 61% Other income & one-offs 39%
Pre-tax profit ₹6.0 Cr: core business ₹3.7 Cr, other income ₹2.3 Cr.
Core profit YoY: -36.9%
· reported profit -21.5%
Cash & debt
FY26 cash from operations ₹28.0 Cr:
112% of FY26 net profit of ₹25.1 Cr.
Borrowings ₹4.0 Cr at Mar 2026.
Against its own trend ?
Trend Actual Gap
Sales ₹50.3 ₹39.0
-22.4% below
Net profit ₹9.7 ₹4.5
-53.8% below
531259
· 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 Operating cash flow was negative in FY26 despite a profit
₹ Cr YoY QoQ
Mar 2026 Dec 2025 Mar 2025
Sales
+38.1% +13.7%
0.6 0.5 0.4
Operating profit
loss widened loss widened
-2.1 -0.5 -0.5
Other income
— —
4.1 0.0 0.0
Net profit
from loss from loss
1.8 -0.6 -0.4
EPS (₹)
from loss from loss
2.31 -0.74 -0.54
Quality of profit
Pre-tax profit ₹1.8 Cr: core business −₹2.3 Cr, other income ₹4.1 Cr.
Core profit YoY: loss widened
Cash & debt
FY26 cash from operations −₹1.2 Cr:
-253% of FY26 net profit of ₹0.5 Cr.
Borrowings ₹6.4 Cr at Mar 2026.
Against its own trend ?
Trend Actual Gap
Sales ₹0.5 ₹0.6
+19.5% above
531268
· Q4 FY26 · Consolidated
M Cap —
P/E —
PEG —
Profit -61% below its own trend Operating margin contracted 187 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
+7.5% -2.9%
8.0 8.3 7.5
Operating profit
-30.0% -77.4%
0.3 1.2 0.4
OPM %
-187 bps -1149 bps
3.5% 15.0% 5.3%
Other income
-54.3% -65.2%
0.2 0.5 0.3
Net profit?
-42.9% -74.2%
0.3 1.2 0.6
PAT margin %
-351 bps -1100 bps
4.0% 15.0% 7.5%
EPS (₹)
-43.8% -74.6%
0.18 0.71 0.32
Quality of profit
Core 60% Other income & one-offs 40%
Pre-tax profit ₹0.4 Cr: core business ₹0.2 Cr, other income ₹0.2 Cr.
Core profit YoY: -35.1%
· reported profit -42.9%
Cash & debt
FY26 cash from operations ₹3.3 Cr:
117% of FY26 net profit of ₹2.8 Cr.
Borrowings nil at Mar 2026.
Against its own trend ?
Trend Actual Gap
Sales ₹9.4 ₹8.0
-14.6% below
Net profit ₹0.8 ₹0.3
-61.2% below
531279
· Q4 FY26 · Consolidated
M Cap —
P/E —
PEG —
Operating margin contracted 1339 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
+344.4% +13.9%
9.1 8.0 2.0
Operating profit
+221.2% -42.9%
3.2 5.6 1.0
OPM %
-1339 bps -3472 bps
34.9% 69.6% 48.3%
Other income
+473.8% from loss
4.6 -0.0 0.8
Net profit?
+98.4% +6.2%
2.6 2.4 1.3
PAT margin %
-3483 bps -202 bps
28.1% 30.1% 62.9%
EPS (₹)
+95.0% +6.8%
1.56 1.46 0.80
Quality of profit
Pre-tax profit ₹3.2 Cr: core business −₹1.4 Cr, other income ₹4.6 Cr.
Core profit YoY: loss widened
· reported profit +98.4%
Cash & debt
FY26 cash from operations ₹129 Cr:
1734% of FY26 net profit of ₹7.5 Cr.
Borrowings ₹85.2 Cr at Mar 2026.
Against its own trend ?
Trend Actual Gap
Sales ₹2.8 ₹9.1
+230.3% above
Net profit ₹2.6 ₹2.6
-0.8% in line
531280
· Q4 FY26 · Standalone
M Cap —
P/E —
PEG —
Turnaround: profit against a loss a year ago Operating margin contracted 3576 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
-33.7% —
0.6 0.0 0.9
Operating profit
loss widened loss widened
-0.3 -0.1 -0.1
OPM %
-3576 bps —
-50.9% — -15.1%
Other income
+231.6% +231.6%
0.6 0.2 0.2
Net profit
from loss +400.0%
0.1 0.0 -0.0
PAT margin %
+1871 bps —
17.5% — -1.2%
EPS (₹)
from loss +350.0%
0.18 0.04 -0.02
Quality of profit
Pre-tax profit ₹0.3 Cr: core business −₹0.4 Cr, other income ₹0.6 Cr.
Core profit YoY: loss widened
Cash & debt
FY26 cash from operations −₹0.3 Cr:
-15% of FY26 net profit of ₹2.2 Cr.
Borrowings nil at Mar 2026.
Against its own trend ?
Trend Actual Gap
Sales ₹1.7 ₹0.6
-66.9% 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, 02:23 IST