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
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The next results season has started: 45 companies have filed results for the quarter ended 30 Sep 2026.
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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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531281
· Q4 FY26 · Consolidated
M Cap —
P/E —
PEG —
Operating margin contracted 2380 bps YoY 28% 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
+35.7% +91.5%
34.4 18.0 25.4 Operating profit
-36.7% +30.4%
7.2 5.5 11.3 OPM %
-2380 bps -975 bps
20.8% 30.6% 44.6% Other income
-41.6% +36.2%
0.9 0.7 1.6 Net profit?
-46.7% +60.9%
2.4 1.5 4.6 PAT margin %
-1092 bps -134 bps
7.1% 8.4% 18.0% EPS (₹)
-66.7% +54.8%
0.65 0.42 1.95
Quality of profit
Pre-tax profit ₹3.4 Cr: core business ₹2.5 Cr, other income ₹0.9 Cr.
Core profit YoY: -33.8%
· reported profit -46.7%
Cash & debt
FY26 cash from operations −₹20.1 Cr:
-227% of FY26 net profit of ₹8.9 Cr.
Borrowings ₹126 Cr at Mar 2026.
Against its own trend ?
Trend Actual Gap
Sales ₹50.7 ₹34.4
-32.1% below
531289
· Q4 FY26 · Standalone
M Cap —
P/E —
PEG —
Profit -94% below its own trend Operating margin contracted 105 bps YoY 45% 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
+0.2% -0.4%
23.5 23.6 23.5 Operating profit
-7.0% +13.0%
3.2 2.8 3.5 OPM %
-105 bps +162 bps
13.6% 12.0% 14.7% Other income
-87.7% +60.6%
1.7 1.0 13.6 Net profit
-88.1% -41.3%
1.7 2.9 14.5 PAT margin %
-5438 bps -509 bps
7.3% 12.4% 61.7% EPS (₹)
-88.2% -41.5%
1.89 3.23 15.95
Quality of profit
Pre-tax profit ₹3.8 Cr: core business ₹2.1 Cr, other income ₹1.7 Cr.
Core profit YoY: -25.2%
· reported profit -88.1%
Cash & debt
FY26 cash from operations −₹3.9 Cr:
-42% of FY26 net profit of ₹9.1 Cr.
Borrowings ₹15.7 Cr at Mar 2026.
Against its own trend ?
Trend Actual Gap
Sales ₹28.2 ₹23.5
-16.5% below Net profit ₹29.0 ₹1.7
-94.1% below
531297
· Q4 FY26 · Standalone
M Cap —
P/E —
PEG —
Profit -87% below its own trend Operating margin contracted 3404 bps YoY 37% 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
+12.5% +112.6%
14.3 6.7 12.7 Operating profit
-78.7% -27.8%
1.1 1.6 5.3 OPM %
-3404 bps -1549 bps
8.0% 23.4% 42.0% Other income
-68.1% -67.3%
0.4 1.1 1.2 Net profit
-85.2% -51.4%
0.9 1.8 5.8 PAT margin %
-3952 bps -2026 bps
6.0% 26.3% 45.5% EPS (₹)
-85.2% -51.4%
1.18 2.43 7.97
Quality of profit
Pre-tax profit ₹1.0 Cr: core business ₹0.6 Cr, other income ₹0.4 Cr.
Core profit YoY: -86.6%
· reported profit -85.2%
Cash & debt
FY26 cash from operations −₹0.3 Cr:
-5% of FY26 net profit of ₹5.3 Cr.
Borrowings ₹15.2 Cr at Mar 2026.
Against its own trend ?
Trend Actual Gap
Sales ₹14.2 ₹14.3
+0.9% in line Net profit ₹6.9 ₹0.9
-87.5% below
531307
· Q4 FY26 · Consolidated
M Cap —
P/E —
PEG —
Profit +13% above its own trend Operating margin contracted 361 bps YoY 60% of pre-tax profit came from other income and one-off items Profit grew faster than the core business (core profit -54%) FY26 operating cash flow was only 46% of profit
₹ Cr YoY QoQ
Mar 2026 Dec 2025 Mar 2025
Sales
-10.2% -17.9%
27.4 33.4 30.5 Operating profit
-42.6% -43.0%
1.8 3.1 3.0 OPM %
-361 bps -281 bps
6.4% 9.2% 10.0% Other income
+89.0% +34.8%
1.6 1.1 0.8 Net profit?
+46.3% +69.0%
2.9 1.7 2.0 PAT margin %
+414 bps +552 bps
10.7% 5.2% 6.6% EPS (₹)
+41.2% +71.4%
0.24 0.14 0.17
Quality of profit
Pre-tax profit ₹2.6 Cr: core business ₹1.0 Cr, other income ₹1.6 Cr.
Core profit YoY: -53.8%
· reported profit +46.3%
Cash & debt
FY26 cash from operations ₹4.0 Cr:
46% of FY26 net profit of ₹8.7 Cr.
Borrowings ₹18.0 Cr at Mar 2026.
Against its own trend ?
Trend Actual Gap
Sales ₹34.3 ₹27.4
-20.2% below Net profit ₹2.6 ₹2.9
+12.9% above
531346
· Q4 FY26 · Standalone
M Cap —
P/E —
PEG —
Turnaround: profit against a loss a year ago Operating margin contracted 582 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
-14.5% -16.9%
13.4 16.2 15.7 Operating profit
to loss to loss -0.7 0.7 0.1 OPM %
-582 bps -957 bps
-5.1% 4.5% 0.8% Other income
+674.1% —
2.1 0.1 0.3 Net profit
from loss +306.7%
0.6 0.1 -0.2 PAT margin %
+600 bps +361 bps
4.5% 0.9% -1.5% EPS (₹)
from loss +303.4%
1.17 0.29 -0.44
Quality of profit
Pre-tax profit ₹0.6 Cr: core business −₹1.5 Cr, other income ₹2.1 Cr.
Core profit YoY: loss widened
Cash & debt
FY26 cash from operations ₹2.4 Cr:
2667% of FY26 net profit of ₹0.1 Cr.
Borrowings ₹33.1 Cr at Mar 2026.
Against its own trend ?
Trend Actual Gap
Sales ₹17.3 ₹13.4
-22.2% below
531352
· Q4 FY26 · Standalone
M Cap —
P/E —
PEG —
Turnaround: profit against a loss a year ago Operating margin expanded 310 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
-1.3% +17.1%
7.0 6.0 7.1 Operating profit
from loss from loss 0.1 -0.1 -0.1 OPM %
+310 bps +266 bps
1.0% -1.7% -2.1% Other income
+25.0% +66.7%
0.1 0.0 0.0 Net profit
from loss from loss 0.1 -0.1 -0.1 PAT margin %
+296 bps +244 bps
1.3% -1.2% -1.7% EPS (₹)
from loss from loss 0.24 -0.19 -0.32
Quality of profit
Pre-tax profit ₹0.1 Cr: core business ₹0.1 Cr, other income ₹0.1 Cr.
Core profit YoY: from loss
Cash & debt
FY26 cash from operations ₹0.1 Cr:
88% of FY26 net profit of ₹0.1 Cr.
Borrowings nil at Mar 2026.
Against its own trend ?
Trend Actual Gap
Sales ₹6.9 ₹7.0
+2.1% in line
531357
· Q4 FY26 · Consolidated
M Cap —
P/E —
PEG —
Profit -89% below its own trend Operating margin contracted 874 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
-34.1% -20.1%
20.2 25.3 30.7 Operating profit
loss widened to loss -2.3 2.4 -0.9 OPM %
-874 bps -2099 bps
-11.6% 9.4% -2.8% Other income
+64.1% —
4.7 0.0 2.9 Net profit?
-80.6% -66.3%
0.3 0.9 1.6 PAT margin %
-357 bps -203 bps
1.5% 3.5% 5.1% EPS (₹)
-75.0% -60.0%
0.02 0.05 0.08
Quality of profit
Pre-tax profit ₹0.8 Cr: core business −₹3.9 Cr, other income ₹4.7 Cr.
Core profit YoY: loss widened
· reported profit -80.6%
Cash & debt
Borrowings ₹7.0 Cr at Sep 2025, against ₹6.0 Cr at Mar 2025 (+17% ).
Against its own trend ?
Trend Actual Gap
Sales ₹61.4 ₹20.2
-67.1% below Net profit ₹2.8 ₹0.3
-89.4% below
531381
· Q4 FY26 · Consolidated
M Cap —
P/E —
PEG —
Profit -80% below its own trend Operating margin contracted 1709 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
+118.9% +44.2%
148 102 67.4 Operating profit
-33.2% -59.5%
11.1 27.4 16.6 OPM %
-1709 bps -1924 bps
7.5% 26.8% 24.6% Other income
+35.5% +333.2%
9.9 2.3 7.3 Net profit?
-62.6% -78.5%
4.3 19.9 11.5 PAT margin %
-1410 bps -1658 bps
2.9% 19.5% 17.0% EPS (₹)
-62.6% -78.5%
4.30 20.01 11.51
Quality of profit
Pre-tax profit ₹8.6 Cr: core business −₹1.4 Cr, other income ₹9.9 Cr.
Core profit YoY: to loss
· reported profit -62.6%
Cash & debt
FY26 cash from operations ₹79.0 Cr:
130% of FY26 net profit of ₹60.6 Cr.
Borrowings ₹400 Cr at Mar 2026.
Against its own trend ?
Trend Actual Gap
Sales ₹128 ₹148
+15.6% above Net profit ₹21.1 ₹4.3
-79.7% below
531411
· Q4 FY26 · Standalone
M Cap —
P/E —
PEG —
Into loss: a profit a year ago Profit -151% below its own trend 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
+2.5% -61.0%
17.4 44.7 17.0 Operating profit
-13.5% -42.9%
0.6 1.1 0.7 OPM %
-68 bps +117 bps
3.7% 2.5% 4.4% Other income
-22.2% +133.3%
0.1 0.0 0.1 Net profit
to loss to loss -0.2 0.3 0.2 PAT margin %
-186 bps -164 bps
-0.9% 0.7% 0.9% EPS (₹)
— -100.0%
0.00 0.01 0.00
Quality of profit
Pre-tax profit ₹0.1 Cr: core business ₹0.0 Cr, other income ₹0.1 Cr.
Core profit YoY: -100.0%
Cash & debt
FY26 cash from operations −₹10.0 Cr:
-1075% of FY26 net profit of ₹0.9 Cr.
Borrowings ₹29.0 Cr at Mar 2026.
Against its own trend ?
Trend Actual Gap
Sales ₹23.8 ₹17.4
-26.9% below Net profit ₹0.3 −₹0.2
-150.6% below
531412
· Q4 FY26 · Standalone
M Cap —
P/E —
PEG —
Profit -49% below its own trend Operating margin contracted 372 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
+5.2% -26.0%
12.9 17.5 12.3 Operating profit
-44.3% -62.5%
0.5 1.4 1.0 OPM %
-372 bps -407 bps
4.2% 8.2% 7.9% Other income
+400.0% -61.5%
0.2 0.5 0.0 Net profit
-32.8% -68.3%
0.5 1.4 0.7 PAT margin %
-197 bps -465 bps
3.5% 8.1% 5.5% EPS (₹)
-33.3% -68.4%
0.30 0.95 0.45
Quality of profit
Pre-tax profit ₹0.6 Cr: core business ₹0.4 Cr, other income ₹0.2 Cr.
Core profit YoY: -50.6%
· reported profit -32.8%
Cash & debt
FY26 cash from operations ₹6.6 Cr:
205% of FY26 net profit of ₹3.2 Cr.
Borrowings ₹0.2 Cr at Mar 2026.
Against its own trend ?
Trend Actual Gap
Sales ₹13.9 ₹12.9
-7.2% below Net profit ₹0.9 ₹0.5
-48.5% below
531416
· Q4 FY26 · Standalone
M Cap —
P/E —
PEG —
Profit -99% 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
-100.0% -100.0%
0.0 3.6 3.7 Operating profit
to loss loss widened -0.4 -0.0 0.2 Other income
+109.8% +21.6%
1.1 0.9 0.5 Net profit
-97.1% -98.8%
0.0 0.8 0.3 EPS (₹)
-98.0% -99.1%
0.01 1.13 0.49
Quality of profit
Pre-tax profit ₹0.7 Cr: core business −₹0.4 Cr, other income ₹1.1 Cr.
Core profit YoY: to loss
· reported profit -97.1%
Cash & debt
FY26 cash from operations ₹3.5 Cr:
179% of FY26 net profit of ₹2.0 Cr.
Borrowings nil at Mar 2026.
Against its own trend ?
Trend Actual Gap
Net profit ₹0.7 ₹0.0
-98.6% below
531454
· Q4 FY26 · Standalone
M Cap —
P/E —
PEG —
Turnaround: profit against a loss a year ago Operating margin expanded 333 bps YoY 37% of pre-tax profit came from other income and one-off items
₹ Cr YoY QoQ
Mar 2026 Dec 2025 Mar 2025
Sales
-10.1% +5.7%
21.6 20.4 24.0 Operating profit
+368.4% +7.2%
0.9 0.8 0.2 OPM %
+333 bps +6 bps
4.1% 4.1% 0.8% Other income
+400.0% +400.0%
0.2 0.0 0.0 Net profit
from loss +154.2%
0.6 0.2 -0.1 PAT margin %
+324 bps +165 bps
2.8% 1.2% -0.4% EPS (₹)
from loss +154.5%
0.28 0.11 -0.05
Quality of profit
Pre-tax profit ₹0.5 Cr: core business ₹0.3 Cr, other income ₹0.2 Cr.
Core profit YoY: from loss
Cash & debt
FY26 cash from operations ₹5.3 Cr:
432% of FY26 net profit of ₹1.2 Cr.
Borrowings ₹5.8 Cr at Mar 2026.
Against its own trend ?
Trend Actual Gap
Sales ₹23.5 ₹21.6
-7.9% below
531472
· Q4 FY26 · Consolidated
M Cap —
P/E —
PEG —
Operating margin expanded 1667 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
+0.0% -60.0%
6.0 15.0 6.0 Operating profit
— from loss 1.0 -1.0 0.0 OPM %
+1667 bps +2333 bps
16.7% -6.7% 0.0% Other income
— +137.5%
19.0 8.0 0.0 Net profit?
— +200.0%
18.0 6.0 0.0 EPS (₹)
from loss +200.3%
17.30 5.76 -0.39
Quality of profit
Pre-tax profit ₹19.0 Cr: core business ₹0.0 Cr, other income ₹19.0 Cr.
Cash & debt
FY26 cash from operations −₹15.0 Cr:
-45% of FY26 net profit of ₹33.0 Cr.
Borrowings ₹26.0 Cr at Mar 2026.
Against its own trend ?
Trend Actual Gap
Sales ₹12.0 ₹6.0
-50.0% below
531502
· Q4 FY26 · Standalone
M Cap —
P/E —
PEG —
Turnaround: profit against a loss a year ago 64% of pre-tax profit came from other income and one-off items FY26 operating cash flow was only 0% of profit
₹ Cr YoY QoQ
Mar 2026 Dec 2025 Mar 2025
Sales
+600.0% +600.0%
21.0 3.0 3.0 Operating profit
+600.0% +75.0%
7.0 4.0 1.0 OPM %
+0 bps —
33.3% — 33.3% Other income
— —
13.0 0.0 0.0 Net profit
from loss from loss 25.0 -9.0 -2.0 EPS (₹)
from loss from loss 12.23 -4.21 -1.10
Quality of profit
Pre-tax profit ₹22.0 Cr: core business ₹8.0 Cr, other income ₹13.0 Cr, exceptional & other items ₹1.0 Cr.
Core profit YoY: from loss
Cash & debt
FY26 cash from operations ₹0.0 Cr:
0% of FY26 net profit of ₹11.0 Cr.
Borrowings ₹47.0 Cr at Mar 2026.
Against its own trend ?
Trend Actual Gap
Sales ₹6.0 ₹21.0
+250.0% above
531503
· 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
+2.2% +11.3%
45.9 41.2 44.9 Operating profit
+10.1% +161.5%
2.5 1.0 2.3 OPM %
+39 bps +314 bps
5.5% 2.3% 5.1% Other income
-65.6% -24.6%
1.4 1.8 3.9 Net profit
-74.8% from loss 0.3 -0.8 1.3 PAT margin %
-220 bps +273 bps
0.7% -2.0% 2.9% EPS (₹)
-74.7% from loss 0.40 -1.00 1.58
Quality of profit
Pre-tax profit ₹0.4 Cr: core business −₹1.0 Cr, other income ₹1.4 Cr.
Core profit YoY: loss narrowed
· reported profit -74.8%
Cash & debt
FY26 cash from operations ₹21.0 Cr.
Borrowings ₹67.0 Cr at Mar 2026.
Against its own trend ?
Trend Actual Gap
Sales ₹45.9 ₹45.9
+0.0% in line
531512
· Q4 FY26 · Standalone
M Cap —
P/E —
PEG —
Turnaround: profit against a loss a year ago Operating margin expanded 3285 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
-15.3% +17.4%
3.7 3.2 4.4 Operating profit
loss narrowed loss narrowed -0.2 -0.2 -1.7 OPM %
+3285 bps +161 bps
-5.6% -7.3% -38.5% Other income
-10.3% -45.3%
0.5 0.9 0.6 Net profit
from loss -80.0%
0.1 0.4 -1.1 PAT margin %
+2744 bps -1047 bps
2.2% 12.6% -25.3% EPS (₹)
from loss -81.8%
0.02 0.11 -0.45
Quality of profit
Pre-tax profit ₹0.1 Cr: core business −₹0.4 Cr, other income ₹0.5 Cr.
Core profit YoY: loss narrowed
Cash & debt
FY26 cash from operations −₹44.3 Cr:
-3332% of FY26 net profit of ₹1.3 Cr.
Borrowings ₹8.3 Cr at Mar 2026.
Against its own trend ?
Trend Actual Gap
Sales ₹4.0 ₹3.7
-7.4% below
531525
· Q4 FY26 · Consolidated
M Cap —
P/E —
PEG —
Into loss: a profit a year ago Profit -124% below its own trend Operating margin contracted 1092 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
+7.2% -1.5%
14.7 14.9 13.7 Operating profit
-60.3% -46.3%
0.9 1.8 2.4 OPM %
-1092 bps -535 bps
6.4% 11.8% 17.3% Other income
+58.0% +116.9%
1.3 0.6 0.8 Net profit?
to loss to loss -0.3 1.7 1.4 PAT margin %
-1233 bps -1400 bps
-2.3% 11.7% 10.0% EPS (₹)
to loss to loss -0.24 0.96 1.25
Quality of profit
Pre-tax profit ₹1.2 Cr: core business −₹0.1 Cr, other income ₹1.3 Cr.
Core profit YoY: to loss
Cash & debt
FY26 cash from operations ₹4.8 Cr:
107% of FY26 net profit of ₹4.5 Cr.
Borrowings ₹14.8 Cr at Mar 2026.
Against its own trend ?
Trend Actual Gap
Sales ₹27.4 ₹14.7
-46.4% below Net profit ₹1.4 −₹0.3
-124.0% below
531539
· Q4 FY26 · Standalone
M Cap —
P/E —
PEG —
Into loss: a profit a year ago Profit -141% below its own trend Operating margin contracted 4071 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
-42.9% +650.0%
0.6 0.1 1.1 Operating profit
loss widened loss widened -0.3 -0.2 -0.1 OPM %
-4071 bps —
-48.3% — -7.6% Other income
-2.6% +31.0%
0.4 0.3 0.4 Net profit
to loss to loss -0.1 0.1 0.5 PAT margin %
-7452 bps -10000 bps
-25.0% 75.0% 49.5% EPS (₹)
to loss to loss -0.27 0.11 0.95
Quality of profit
Pre-tax profit ₹0.1 Cr: core business −₹0.3 Cr, other income ₹0.4 Cr.
Core profit YoY: loss widened
Cash & debt
FY26 cash from operations −₹0.6 Cr:
-267% of FY26 net profit of ₹0.2 Cr.
Borrowings ₹2.9 Cr at Mar 2026.
Against its own trend ?
Trend Actual Gap
Net profit ₹0.4 −₹0.1
-141.5% below
531550
· Q4 FY26 · Standalone
M Cap —
P/E —
PEG —
Profit -79% below its own trend Operating margin contracted 1662 bps YoY 50% of pre-tax profit came from other income and one-off items
₹ Cr YoY QoQ
Mar 2026 Dec 2025 Mar 2025
Sales
-8.5% +300.3%
47.8 11.9 52.2 Operating profit
-81.0% from loss 2.1 -8.5 11.0 OPM %
-1662 bps +7529 bps
4.4% -70.9% 21.0% Other income
+73.0% -32.6%
1.3 1.9 0.7 Net profit
-72.8% from loss 2.9 -7.2 10.6 PAT margin %
-1422 bps +6608 bps
6.0% -60.1% 20.2% EPS (₹)
-74.2% from loss 3.04 -7.56 11.77
Quality of profit
Pre-tax profit ₹2.6 Cr: core business ₹1.3 Cr, other income ₹1.3 Cr.
Core profit YoY: -87.7%
· reported profit -72.8%
Cash & debt
FY26 cash from operations −₹5.0 Cr.
Borrowings ₹10.0 Cr at Mar 2026.
Against its own trend ?
Trend Actual Gap
Sales ₹104 ₹47.8
-54.3% below Net profit ₹13.5 ₹2.9
-78.7% below
531552
· Q4 FY26 · Standalone
M Cap —
P/E —
PEG —
Profit -54% 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
+40.5% +48.6%
0.5 0.3 0.4 Net profit
-14.3% -7.7%
0.1 0.1 0.1 EPS (₹)
-16.7% -9.1%
0.10 0.11 0.12
Quality of profit
Pre-tax profit ₹0.2 Cr: core business −₹0.3 Cr, other income ₹0.5 Cr.
Core profit YoY: loss widened
· reported profit -14.3%
Cash & debt
FY26 cash from operations −₹1.9 Cr:
-115% of FY26 net profit of ₹1.7 Cr.
Borrowings ₹2.5 Cr at Mar 2026.
Against its own trend ?
Trend Actual Gap
Net profit ₹0.3 ₹0.1
-53.8% below
531553
· Q4 FY26 · Standalone
M Cap —
P/E —
PEG —
Turnaround: profit against a loss a year ago 70% of pre-tax profit came from other income and one-off items
₹ Cr YoY QoQ
Mar 2026 Dec 2025 Mar 2025
Sales
— +2.1%
0.5 0.5 0.0 Operating profit
from loss from loss 0.0 -0.1 -0.1 OPM %
— +1689 bps
6.2% -10.6% — Other income
+75.0% +600.0%
0.1 0.0 0.0 Net profit
from loss from loss 0.1 -0.0 -0.0 PAT margin %
— +2305 bps
16.7% -6.4% — EPS (₹)
from loss from loss 0.11 -0.04 -0.03
Quality of profit
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 ₹0.5 Cr.
Borrowings nil at Mar 2026.
531569
· Q4 FY26 · Consolidated
M Cap —
P/E —
PEG —
Profit -80% below its own trend Operating margin contracted 247 bps YoY 50% of pre-tax profit came from other income and one-off items FY26 operating cash flow was only 0% of profit
₹ Cr YoY QoQ
Mar 2026 Dec 2025 Mar 2025
Sales
-27.3% -40.1%
13.2 22.1 18.2 Operating profit
-39.8% -59.1%
1.6 3.8 2.6 OPM %
-247 bps -552 bps
11.9% 17.4% 14.4% Other income
+39.5% +100.0%
0.6 0.3 0.4 Net profit?
-74.9% -80.2%
0.6 2.8 2.2 PAT margin %
-788 bps -844 bps
4.2% 12.6% 12.0% EPS (₹)
-75.5% -80.1%
0.45 2.26 1.84
Quality of profit
Pre-tax profit ₹1.2 Cr: core business ₹0.6 Cr, other income ₹0.6 Cr.
Core profit YoY: -73.1%
· reported profit -74.9%
Cash & debt
FY26 cash from operations ₹0.0 Cr:
0% of FY26 net profit of ₹6.7 Cr.
Borrowings ₹14.3 Cr at Mar 2026.
Against its own trend ?
Trend Actual Gap
Sales ₹21.4 ₹13.2
-38.4% below Net profit ₹2.7 ₹0.6
-79.7% below
531574
· 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 widened loss widened -0.2 -0.1 -0.1 Other income
— +375.0%
0.6 0.1 0.1 Net profit
from loss —
0.4 0.0 -0.1 EPS (₹)
from loss —
0.26 0.01 -0.07
Quality of profit
Pre-tax profit ₹0.4 Cr: core business −₹0.2 Cr, other income ₹0.6 Cr.
Core profit YoY: loss widened
Cash & debt
FY26 cash from operations ₹13.8 Cr:
4328% of FY26 net profit of ₹0.3 Cr.
Borrowings ₹120 Cr at Mar 2026.
531583
· Q4 FY26 · Consolidated
M Cap —
P/E —
PEG —
All of pre-tax profit came from other income or one-off items FY26 operating cash flow was only 9% of profit
₹ Cr YoY QoQ
Mar 2026 Dec 2025 Mar 2025
Sales
— —
0.0 0.0 0.0 Operating profit
loss narrowed loss narrowed -0.2 -0.8 -0.2 Other income
+170.0% +2.5%
0.8 0.8 0.3 Net profit?
+90.9% from loss 0.6 -0.0 0.3 EPS (₹)
+91.1% from loss 1.07 -0.02 0.56
Quality of profit
Pre-tax profit ₹0.6 Cr: core business −₹0.2 Cr, other income ₹0.8 Cr.
Core profit YoY: loss narrowed
· reported profit +90.9%
Cash & debt
FY26 cash from operations ₹4.0 Cr:
9% of FY26 net profit of ₹43.1 Cr.
Borrowings nil at Mar 2026.
531592
· Q4 FY26 · Consolidated
M Cap —
P/E —
PEG —
Turnaround: profit against a loss a year ago Operating margin expanded 1073 bps YoY 55% 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
+295.6% +39.2%
55.4 39.8 14.0 Operating profit
from loss from loss 2.0 -1.2 -1.0 OPM %
+1073 bps +670 bps
3.6% -3.1% -7.1% Other income
+8.5% +4.1%
1.0 1.0 0.9 Net profit?
from loss from loss 1.4 -0.8 -0.3 PAT margin %
+438 bps +454 bps
2.5% -2.1% -1.9% EPS (₹)
— from loss 0.02 -0.01 0.00
Quality of profit
Pre-tax profit ₹1.9 Cr: core business ₹0.8 Cr, other income ₹1.0 Cr.
Core profit YoY: from loss
Cash & debt
FY26 cash from operations −₹18.0 Cr:
-3158% of FY26 net profit of ₹0.6 Cr.
Borrowings ₹35.0 Cr at Mar 2026.
Against its own trend ?
Trend Actual Gap
Sales ₹28.0 ₹55.4
+97.8% above
531608
· Q4 FY26 · Standalone
M Cap —
P/E —
PEG —
Profit -76% below its own trend Operating margin contracted 964 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
+8.5% -13.9%
7.8 9.1 7.2 Operating profit
-79.1% -65.4%
0.2 0.5 0.9 OPM %
-964 bps -343 bps
2.3% 5.7% 11.9% Other income
— —
0.4 0.0 0.0 Net profit
-88.2% -75.0%
0.0 0.2 0.3 PAT margin %
-421 bps -125 bps
0.5% 1.8% 4.7% EPS (₹)
-88.9% -76.7%
0.07 0.30 0.63
Quality of profit
Pre-tax profit ₹0.1 Cr: core business −₹0.3 Cr, other income ₹0.4 Cr.
Core profit YoY: to loss
· reported profit -88.2%
Cash & debt
FY26 cash from operations −₹0.9 Cr:
-144% of FY26 net profit of ₹0.6 Cr.
Borrowings ₹13.5 Cr at Mar 2026.
Against its own trend ?
Trend Actual Gap
Sales ₹5.0 ₹7.8
+54.9% above Net profit ₹0.2 ₹0.0
-76.5% below
531609
· Q4 FY26 · Standalone
M Cap —
P/E —
PEG —
Profit +294% above its own trend 68% of pre-tax profit came from other income and one-off items Core business grew faster than reported profit (core profit +352%)
₹ Cr YoY QoQ
Mar 2026 Dec 2025 Mar 2025
Sales
-34.9% +50.7%
81.1 53.8 125 Operating profit
-27.3% +38.5%
5.4 3.9 7.4 OPM %
+69 bps -59 bps
6.7% 7.2% 6.0% Other income
— +196.0%
2.2 0.8 0.0 Net profit
+235.1% —
2.5 0.0 0.7 PAT margin %
+246 bps +300 bps
3.1% 0.1% 0.6% EPS (₹)
+234.5% —
4.75 0.06 1.42
Quality of profit
Pre-tax profit ₹3.3 Cr: core business ₹1.0 Cr, other income ₹2.2 Cr.
Core profit YoY: +352.2%
· reported profit +235.1%
Cash & debt
FY26 cash from operations ₹15.0 Cr:
337% of FY26 net profit of ₹4.5 Cr.
Borrowings ₹85.0 Cr at Mar 2026.
Against its own trend ?
Trend Actual Gap
Sales ₹141 ₹81.1
-42.6% below Net profit ₹0.6 ₹2.5
+294.0% above
531626
· 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
-50.0% —
1.0 0.0 2.0 Operating profit
— —
0.0 0.0 0.0 OPM %
+0 bps —
0.0% — 0.0% Other income
— —
27.0 0.0 0.0 Net profit
— —
23.0 0.0 1.0 EPS (₹)
— from loss 5.50 -0.02 0.20
Quality of profit
Pre-tax profit ₹27.0 Cr: core business ₹0.0 Cr, other income ₹27.0 Cr.
Cash & debt
FY26 cash from operations −₹7.0 Cr:
-30% of FY26 net profit of ₹23.0 Cr.
Borrowings nil at Mar 2026.
531667
· Q4 FY26 · Standalone
M Cap —
P/E —
PEG —
Profit +236% above its own trend Operating margin contracted 3158 bps YoY 75% of pre-tax profit came from other income and one-off items Core business grew faster than reported profit (core profit +967%)
₹ Cr YoY QoQ
Mar 2026 Dec 2025 Mar 2025
Sales
— +133.0%
30.0 12.9 1.6 Operating profit
+136.8% from loss 1.4 -3.1 0.6 OPM %
-3158 bps +2885 bps
4.5% -24.4% 36.1% Other income
+910.5% —
1.9 0.1 0.2 Net profit
+402.3% from loss 2.2 -3.8 0.4 PAT margin %
-2049 bps +3691 bps
7.4% -29.6% 27.8% EPS (₹)
+400.0% from loss 2.45 -4.23 0.49
Quality of profit
Pre-tax profit ₹2.6 Cr: core business ₹0.6 Cr, other income ₹1.9 Cr.
Core profit YoY: +966.7%
· reported profit +402.3%
Cash & debt
FY26 cash from operations −₹4.9 Cr.
Borrowings ₹13.1 Cr at Mar 2026.
Against its own trend ?
Trend Actual Gap
Sales ₹1.5 ₹30.0
+999.0% above Net profit ₹0.7 ₹2.2
+236.0% above
531676
· Q4 FY26 · Standalone
M Cap —
P/E —
PEG —
Profit +28% above its own trend Operating margin expanded 523 bps YoY 58% of pre-tax profit came from other income and one-off items Profit grew faster than the core business (core profit +119%)
₹ Cr YoY QoQ
Mar 2026 Dec 2025 Mar 2025
Sales
+88.0% +80.8%
0.9 0.5 0.5 Operating profit
+118.7% -25.5%
0.3 0.5 0.2 OPM %
+523 bps -5315 bps
37.2% 90.4% 32.0% Other income
+880.0% +880.0%
0.5 0.1 0.1 Net profit
+156.2% +7.9%
0.4 0.4 0.2 PAT margin %
+1162 bps -2946 bps
43.6% 73.1% 32.0% EPS (₹)
— +8.3%
0.26 0.24 —
Quality of profit
Pre-tax profit ₹0.8 Cr: core business ₹0.3 Cr, other income ₹0.5 Cr.
Core profit YoY: +118.7%
· reported profit +156.2%
Cash & debt
FY26 cash from operations ₹1.1 Cr:
93% of FY26 net profit of ₹1.1 Cr.
Borrowings ₹10.5 Cr at Mar 2026.
Against its own trend ?
Trend Actual Gap
Net profit ₹0.3 ₹0.4
+28.1% above
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
