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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531680
· Q4 FY26 · Consolidated
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 narrowed loss widened
-0.1 -0.1 -1.2
Other income
-68.5% +30.6%
0.5 0.4 1.5
Net profit?
+24.0% +14.8%
0.3 0.3 0.2
EPS (₹)
+23.1% +14.3%
0.64 0.56 0.52
Quality of profit
Pre-tax profit ₹0.3 Cr: core business −₹0.2 Cr, other income ₹0.5 Cr.
Core profit YoY: loss narrowed
· reported profit +24.0%
Cash & debt
FY26 cash from operations −₹0.6 Cr:
-52% of FY26 net profit of ₹1.1 Cr.
Borrowings ₹3.9 Cr at Mar 2026.
531726
· Q4 FY26 · Standalone
M Cap —
P/E —
PEG —
Profit -42% below its own trend Operating margin contracted 899 bps YoY 41% of pre-tax profit came from other income and one-off items
₹ Cr YoY QoQ
Mar 2026 Dec 2025 Mar 2025
Sales
+9.5% +16.2%
31.1 26.7 28.4
Operating profit
-49.1% -35.7%
2.4 3.8 4.8
OPM %
-899 bps -632 bps
7.8% 14.1% 16.8%
Other income
— +17.9%
1.2 1.1 0.0
Net profit
-46.4% -53.8%
1.7 3.7 3.2
PAT margin %
-570 bps -830 bps
5.5% 13.8% 11.2%
EPS (₹)
-46.5% -53.8%
1.29 2.79 2.41
Quality of profit
Core 59% Other income & one-offs 41%
Pre-tax profit ₹3.0 Cr: core business ₹1.8 Cr, other income ₹1.2 Cr.
Core profit YoY: -56.8%
· reported profit -46.4%
Cash & debt
FY26 cash from operations ₹10.0 Cr:
92% of FY26 net profit of ₹10.8 Cr.
Borrowings ₹6.0 Cr at Mar 2026.
Against its own trend ?
Trend Actual Gap
Sales ₹26.1 ₹31.1
+19.1% above
Net profit ₹2.9 ₹1.7
-41.5% below
531744
· Q4 FY26 · Standalone
M Cap —
P/E —
PEG —
Profit +27% above its own trend 75% of pre-tax profit came from other income and one-off items
₹ Cr YoY QoQ
Mar 2026 Dec 2025 Mar 2025
Sales
-7.1% +15.0%
10.2 8.9 11.0
Operating profit
+4.9% from loss
0.4 -0.1 0.4
OPM %
+48 bps +498 bps
4.2% -0.8% 3.7%
Other income
-81.6% -90.2%
0.1 0.9 0.5
Net profit
-30.3% +4.5%
0.2 0.2 0.3
PAT margin %
-75 bps -23 bps
2.2% 2.5% 3.0%
EPS (₹)
-30.5% +5.1%
0.41 0.39 0.59
Quality of profit
Core 25% Other income & one-offs 75%
Pre-tax profit ₹0.1 Cr: core business ₹0.0 Cr, other income ₹0.1 Cr.
Core profit YoY: from loss
· reported profit -30.3%
Cash & debt
FY26 cash from operations ₹1.9 Cr:
118% of FY26 net profit of ₹1.6 Cr.
Borrowings ₹3.4 Cr at Mar 2026.
Against its own trend ?
Trend Actual Gap
Sales ₹10.7 ₹10.2
-4.1% in line
Net profit ₹0.2 ₹0.2
+26.7% above
531780
· Q4 FY26 · Consolidated
M Cap —
P/E —
PEG —
Operating margin contracted 3098 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
-40.4% +33.6%
3.1 2.3 5.2
Operating profit
loss widened to loss
-1.6 1.3 -1.1
OPM %
-3098 bps -10937 bps
-52.9% 56.5% -21.9%
Other income
+72.9% from loss
2.9 -0.5 1.7
Net profit?
+70.2% +175.9%
0.8 0.3 0.5
PAT margin %
+1677 bps +1331 bps
25.8% 12.5% 9.0%
EPS (₹)
+80.0% +200.0%
0.09 0.03 0.05
Quality of profit
Pre-tax profit ₹0.8 Cr: core business −₹2.1 Cr, other income ₹2.9 Cr.
Core profit YoY: loss widened
· reported profit +70.2%
Cash & debt
FY26 cash from operations −₹0.3 Cr.
Borrowings ₹17.6 Cr at Mar 2026.
Against its own trend ?
Trend Actual Gap
Sales ₹4.9 ₹3.1
-36.5% below
531784
· Q4 FY26 · Standalone
M Cap —
P/E —
PEG —
Profit +999% above its own trend Operating margin expanded 671 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
+384.8% +243.8%
44.2 12.9 9.1
Operating profit
loss narrowed to loss
-0.6 0.3 -0.7
OPM %
+671 bps -389 bps
-1.4% 2.5% -8.1%
Other income
+45.1% +0.8%
1.3 1.3 0.9
Net profit
— -80.0%
0.2 1.1 0.0
PAT margin %
+39 bps -806 bps
0.5% 8.6% 0.1%
EPS (₹)
— -85.7%
0.01 0.07 0.00
Quality of profit
Pre-tax profit ₹0.6 Cr: core business −₹0.8 Cr, other income ₹1.3 Cr.
Core profit YoY: loss narrowed
Cash & debt
FY26 cash from operations −₹10.4 Cr:
-629% of FY26 net profit of ₹1.7 Cr.
Borrowings ₹3.3 Cr at Mar 2026.
Against its own trend ?
Trend Actual Gap
Sales ₹18.2 ₹44.2
+142.4% above
Net profit ₹0.0 ₹0.2
+999.0% above
531797
· Q4 FY26 · Standalone
M Cap —
P/E —
PEG —
Profit -86% below its own trend Operating margin contracted 683 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
+31.9% -14.7%
4.0 4.7 3.0
Operating profit
to loss to loss
-0.0 0.3 0.2
OPM %
-683 bps -685 bps
-0.2% 6.6% 6.6%
Other income
-55.6% +77.8%
0.2 0.1 0.4
Net profit
-71.1% -62.1%
0.1 0.3 0.4
PAT margin %
-976 bps -343 bps
2.7% 6.2% 12.5%
EPS (₹)
-71.2% -62.4%
0.38 1.01 1.32
Quality of profit
Pre-tax profit ₹0.1 Cr: core business −₹0.0 Cr, other income ₹0.2 Cr.
Core profit YoY: to loss
· reported profit -71.1%
Cash & debt
Borrowings ₹0.8 Cr at Sep 2025, against ₹0.1 Cr at Mar 2025 (+670% ).
Against its own trend ?
Trend Actual Gap
Sales ₹3.7 ₹4.0
+7.0% above
Net profit ₹0.8 ₹0.1
-85.5% below
531802
· Q4 FY26 · Consolidated
M Cap —
P/E —
PEG —
Profit +999% above 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
-96.8% -95.3%
0.1 3.0 4.3
Operating profit
loss widened loss widened
-0.4 -0.3 -0.4
Other income
+175.2% +106.9%
3.0 1.4 1.1
Net profit?
— +65.5%
1.4 0.8 0.1
EPS (₹)
— +60.0%
0.40 0.25 0.03
Quality of profit
Pre-tax profit ₹2.2 Cr: core business −₹0.8 Cr, other income ₹3.0 Cr.
Core profit YoY: loss narrowed
Cash & debt
FY26 cash from operations −₹34.8 Cr:
-1126% of FY26 net profit of ₹3.1 Cr.
Borrowings ₹47.5 Cr at Mar 2026.
Against its own trend ?
Trend Actual Gap
Sales ₹8.7 ₹0.1
-98.4% below
Net profit ₹0.1 ₹1.4
+999.0% above
531814
· Q4 FY26 · Standalone
M Cap —
P/E —
PEG —
45% of pre-tax profit came from other income and one-off items Profit grew faster than the core business (core profit -44%)
₹ Cr YoY QoQ
Mar 2026 Dec 2025 Mar 2025
Sales
+2.8% +16.0%
80.1 69.0 77.9
Operating profit
-18.8% -28.2%
2.2 3.1 2.7
OPM %
-73 bps -170 bps
2.8% 4.5% 3.5%
Other income
+56.3% +650.0%
0.8 0.1 0.5
Net profit
-8.1% -12.1%
1.2 1.4 1.4
PAT margin %
-18 bps -49 bps
1.5% 2.0% 1.7%
EPS (₹)
-7.3% -11.6%
0.38 0.43 0.41
Quality of profit
Core 55% Other income & one-offs 45%
Pre-tax profit ₹1.7 Cr: core business ₹0.9 Cr, other income ₹0.8 Cr.
Core profit YoY: -43.8%
· reported profit -8.1%
Cash & debt
FY26 cash from operations ₹8.0 Cr:
169% of FY26 net profit of ₹4.7 Cr.
Borrowings ₹40.0 Cr at Mar 2026.
Against its own trend ?
Trend Actual Gap
Sales ₹72.2 ₹80.1
+11.0% above
Net profit ₹1.3 ₹1.2
-2.4% in line
531822
· Q4 FY26 · Consolidated
M Cap —
P/E —
PEG —
Profit -61% below its own trend Operating margin contracted 532 bps YoY 37% of pre-tax profit came from other income and one-off items FY26 operating cash flow was only 16% of profit
₹ Cr YoY QoQ
Mar 2026 Dec 2025 Mar 2025
Sales
-45.2% -57.9%
12.2 29.1 22.3
Operating profit
-57.4% -31.1%
2.3 3.3 5.3
OPM %
-532 bps +719 bps
18.5% 11.3% 23.8%
Other income
+295.7% +193.5%
0.9 0.3 0.2
Net profit?
-50.1% -5.1%
1.9 2.0 3.7
PAT margin %
-151 bps +846 bps
15.2% 6.7% 16.7%
EPS (₹)
-50.1% -5.0%
5.73 6.03 11.48
Quality of profit
Core 63% Other income & one-offs 37%
Pre-tax profit ₹2.5 Cr: core business ₹1.5 Cr, other income ₹0.9 Cr.
Core profit YoY: -66.7%
· reported profit -50.1%
Cash & debt
FY26 cash from operations ₹1.4 Cr:
16% of FY26 net profit of ₹8.3 Cr.
Borrowings ₹106 Cr at Mar 2026.
Against its own trend ?
Trend Actual Gap
Sales ₹29.9 ₹12.2
-59.1% below
Net profit ₹4.8 ₹1.9
-61.1% below
531842
· Q4 FY26 · Consolidated
M Cap —
P/E —
PEG —
Profit -48% below its own trend Operating margin contracted 497 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
-28.5% -11.4%
88.5 99.9 124
Operating profit
to loss to loss
-0.3 4.5 5.8
OPM %
-497 bps -478 bps
-0.3% 4.5% 4.7%
Other income
-21.3% -11.1%
2.0 2.2 2.5
Net profit?
-66.1% -66.4%
1.4 4.3 4.3
PAT margin %
-182 bps -269 bps
1.6% 4.3% 3.5%
EPS (₹)
-66.0% -66.2%
0.50 1.48 1.47
Quality of profit
Pre-tax profit ₹0.4 Cr: core business −₹1.6 Cr, other income ₹2.0 Cr.
Core profit YoY: to loss
· reported profit -66.1%
Cash & debt
FY26 cash from operations −₹5.0 Cr:
-35% of FY26 net profit of ₹14.4 Cr.
Borrowings ₹32.0 Cr at Mar 2026.
Against its own trend ?
Trend Actual Gap
Sales ₹95.4 ₹88.5
-7.3% below
Net profit ₹2.8 ₹1.4
-47.9% below
531846
· Q4 FY26 · Standalone
M Cap —
P/E —
PEG —
Operating margin contracted 6154 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
-30.8% —
0.2 0.0 0.3
Operating profit
-100.0% loss narrowed
0.0 -0.1 0.2
OPM %
-6154 bps —
0.0% — 61.5%
Other income
+14.3% +300.0%
0.1 0.0 0.1
Net profit
-61.9% from loss
0.1 -0.1 0.2
PAT margin %
-3632 bps —
44.4% — 80.8%
EPS (₹)
-63.0% from loss
0.10 -0.06 0.27
Quality of profit
Pre-tax profit ₹0.1 Cr: core business −₹0.0 Cr, other income ₹0.1 Cr.
Core profit YoY: to loss
· reported profit -61.9%
Cash & debt
FY26 cash from operations −₹0.2 Cr.
Borrowings nil at Mar 2026.
531861
· Q4 FY26 · Standalone
M Cap —
P/E —
PEG —
Profit +432% above its own trend Operating margin contracted 991 bps YoY 80% of pre-tax profit came from other income and one-off items Profit grew faster than the core business (core profit -35%) Operating cash flow was negative in FY26 despite a profit
₹ Cr YoY QoQ
Mar 2026 Dec 2025 Mar 2025
Sales
+1.4% +0.2%
9.9 9.9 9.8
Operating profit
-31.8% -24.1%
2.0 2.7 3.0
OPM %
-991 bps -651 bps
20.4% 26.9% 30.3%
Other income
— —
7.0 0.0 0.1
Net profit
+294.3% +398.8%
8.3 1.7 2.1
PAT margin %
+6206 bps +6677 bps
83.6% 16.8% 21.5%
EPS (₹)
+293.4% +398.3%
5.98 1.20 1.52
Quality of profit
Core 20% Other income & one-offs 80%
Pre-tax profit ₹8.7 Cr: core business ₹1.7 Cr, other income ₹7.0 Cr.
Core profit YoY: -35.4%
· reported profit +294.3%
Cash & debt
FY26 cash from operations −₹5.0 Cr:
-36% of FY26 net profit of ₹14.0 Cr.
Borrowings nil at Mar 2026.
Against its own trend ?
Trend Actual Gap
Sales ₹7.4 ₹9.9
+34.7% above
Net profit ₹1.6 ₹8.3
+431.7% above
531869
· Q4 FY26 · Standalone
M Cap —
P/E —
PEG —
Profit -43% below its own trend Operating margin contracted 348 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
-18.6% -4.5%
20.4 21.4 25.1
Operating profit
-71.6% -67.2%
0.4 1.2 1.3
OPM %
-348 bps -356 bps
1.9% 5.4% 5.3%
Other income
+257.9% +0.0%
0.7 0.7 0.2
Net profit
-39.0% -53.2%
0.4 0.8 0.6
PAT margin %
-59 bps -184 bps
1.8% 3.6% 2.4%
EPS (₹)
-40.0% -50.0%
0.03 0.06 0.05
Quality of profit
Pre-tax profit ₹0.4 Cr: core business −₹0.3 Cr, other income ₹0.7 Cr.
Core profit YoY: to loss
· reported profit -39.0%
Cash & debt
FY26 cash from operations −₹1.4 Cr:
-67% of FY26 net profit of ₹2.0 Cr.
Borrowings ₹19.1 Cr at Mar 2026.
Against its own trend ?
Trend Actual Gap
Sales ₹25.8 ₹20.4
-21.0% below
Net profit ₹0.6 ₹0.4
-43.2% below
531900
· Q4 FY26 · Standalone
M Cap —
P/E —
PEG —
Profit -76% below its own trend Operating margin contracted 801 bps YoY 92% of pre-tax profit came from other income and one-off items Profit grew faster than the core business (core profit -94%)
₹ Cr YoY QoQ
Mar 2026 Dec 2025 Mar 2025
Sales
-6.1% —
33.8 2.9 36.0
Operating profit
-64.4% from loss
1.6 -0.5 4.6
OPM %
-801 bps +2328 bps
4.9% -18.4% 12.9%
Other income
+644.0% +95.8%
1.9 0.9 0.2
Net profit
-51.8% from loss
1.5 -0.5 3.0
PAT margin %
-412 bps +2275 bps
4.3% -18.4% 8.5%
EPS (₹)
-51.6% from loss
0.77 -0.28 1.59
Quality of profit
Core 8% Other income & one-offs 92%
Pre-tax profit ₹2.0 Cr: core business ₹0.2 Cr, other income ₹1.9 Cr.
Core profit YoY: -94.5%
· reported profit -51.8%
Cash & debt
FY26 cash from operations ₹8.4 Cr:
888% of FY26 net profit of ₹0.9 Cr.
Borrowings ₹19.1 Cr at Mar 2026.
Against its own trend ?
Trend Actual Gap
Sales ₹62.4 ₹33.8
-45.8% below
Net profit ₹6.1 ₹1.5
-75.9% below
531930
· Q4 FY26 · Standalone
M Cap —
P/E —
PEG —
Profit +16% above its own trend Operating margin contracted 244 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
-5.8% +124.6%
97.1 43.2 103
Operating profit
to loss to loss
-1.0 0.9 1.5
OPM %
-244 bps -301 bps
-1.0% 2.0% 1.4%
Other income
— —
3.1 0.2 0.2
Net profit
+131.9% +272.1%
1.6 0.4 0.7
PAT margin %
+98 bps +65 bps
1.6% 1.0% 0.7%
EPS (₹)
+132.4% +273.9%
1.72 0.46 0.74
Quality of profit
Pre-tax profit ₹1.3 Cr: core business −₹1.7 Cr, other income ₹3.1 Cr.
Core profit YoY: to loss
· reported profit +131.9%
Cash & debt
FY26 cash from operations −₹22.0 Cr:
-630% of FY26 net profit of ₹3.5 Cr.
Borrowings ₹14.0 Cr at Mar 2026.
Against its own trend ?
Trend Actual Gap
Sales ₹206 ₹97.1
-52.9% below
Net profit ₹1.4 ₹1.6
+15.9% above
531931
· Q4 FY26 · Consolidated
M Cap —
P/E —
PEG —
Profit -72% 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
+16.7% -41.7%
0.1 0.2 0.1
Operating profit
loss narrowed loss narrowed
-0.5 -0.5 -0.7
Other income
-44.9% -26.2%
4.8 6.5 8.7
Net profit?
-54.0% -34.8%
2.3 3.6 5.0
EPS (₹)
-54.1% -35.0%
7.88 12.12 17.16
Quality of profit
Pre-tax profit ₹3.5 Cr: core business −₹1.3 Cr, other income ₹4.8 Cr.
Core profit YoY: loss narrowed
· reported profit -54.0%
Cash & debt
FY26 cash from operations −₹52.0 Cr:
-414% of FY26 net profit of ₹12.6 Cr.
Borrowings ₹14.0 Cr at Mar 2026.
Against its own trend ?
Trend Actual Gap
Sales ₹0.2 ₹0.1
-28.8% below
Net profit ₹8.3 ₹2.3
-72.2% below
531968
· 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
loss narrowed —
0.0 0.0 -0.3
Operating profit
loss narrowed to loss
-0.2 0.3 -0.2
Other income
-98.7% +7.0%
0.5 0.4 35.6
Net profit
-99.5% -70.3%
0.2 0.6 35.0
EPS (₹)
-99.5% -70.3%
0.38 1.28 70.17
Quality of profit
Pre-tax profit ₹0.3 Cr: core business −₹0.2 Cr, other income ₹0.5 Cr.
Core profit YoY: loss narrowed
· reported profit -99.5%
Cash & debt
FY26 cash from operations −₹1.9 Cr:
-152% of FY26 net profit of ₹1.2 Cr.
Borrowings nil at Mar 2026.
531979
· Q4 FY26 · Consolidated
M Cap —
P/E —
PEG —
Profit -87% 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
-46.6% -49.8%
1.2 2.4 2.2
Operating profit
loss widened loss widened
-1.7 -0.8 -0.9
Other income
-53.2% +60.8%
2.9 1.8 6.2
Net profit?
-78.4% from loss
1.0 -0.0 4.8
PAT margin %
— +8941 bps
88.1% -1.3% —
EPS (₹)
-78.4% from loss
1.65 -0.05 7.63
Quality of profit
Pre-tax profit ₹1.0 Cr: core business −₹1.9 Cr, other income ₹2.9 Cr.
Core profit YoY: loss widened
· reported profit -78.4%
Cash & debt
FY26 cash from operations −₹16.8 Cr:
-294% of FY26 net profit of ₹5.7 Cr.
Borrowings ₹7.8 Cr at Mar 2026.
Against its own trend ?
Trend Actual Gap
Sales ₹4.4 ₹1.2
-73.3% below
Net profit ₹7.9 ₹1.0
-86.9% below
531994
· Q4 FY26 · Standalone
M Cap —
P/E —
PEG —
Profit -57% below its own trend Operating margin contracted 137 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
-21.1% +14.1%
10.7 9.3 13.5
Operating profit
-57.5% -66.7%
0.2 0.5 0.4
OPM %
-137 bps -387 bps
1.6% 5.5% 3.0%
Other income
+50.0% —
0.1 0.0 0.1
Net profit
-78.6% -84.2%
0.0 0.2 0.1
PAT margin %
-76 bps -175 bps
0.3% 2.0% 1.0%
EPS (₹)
-80.0% -84.8%
0.05 0.33 0.25
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 -78.6%
Cash & debt
FY26 cash from operations ₹0.6 Cr:
211% of FY26 net profit of ₹0.3 Cr.
Borrowings ₹5.3 Cr at Mar 2026.
Against its own trend ?
Trend Actual Gap
Sales ₹10.2 ₹10.7
+4.8% in line
Net profit ₹0.1 ₹0.0
-57.1% below
532005
· Q4 FY26 · Standalone
M Cap —
P/E —
PEG —
Profit +329% above its own trend Operating margin contracted 3978 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
-46.0% -16.4%
3.0 3.5 5.5
Operating profit
-100.0% -100.0%
0.0 1.0 2.2
OPM %
-3978 bps -2712 bps
0.0% 27.1% 39.8%
Other income
from loss +91.2%
1.3 0.7 -0.1
Net profit
+190.9% +52.4%
0.6 0.4 0.2
PAT margin %
+1761 bps +976 bps
21.6% 11.9% 4.0%
EPS (₹)
+190.0% +52.6%
0.58 0.38 0.20
Quality of profit
Pre-tax profit ₹0.2 Cr: core business −₹1.1 Cr, other income ₹1.3 Cr.
Core profit YoY: to loss
· reported profit +190.9%
Cash & debt
FY26 cash from operations ₹12.3 Cr:
252% of FY26 net profit of ₹4.9 Cr.
Borrowings ₹32.1 Cr at Mar 2026.
Against its own trend ?
Trend Actual Gap
Sales ₹8.1 ₹3.0
-63.4% below
Net profit ₹0.1 ₹0.6
+328.8% above
532016
· Q4 FY26 · Standalone
M Cap —
P/E —
PEG —
Profit -53% below its own trend Operating margin contracted 806 bps YoY All of pre-tax profit came from other income or one-off items FY26 operating cash flow was only 37% of profit
₹ Cr YoY QoQ
Mar 2026 Dec 2025 Mar 2025
Sales
+5.0% +4.1%
42.7 41.0 40.6
Operating profit
-38.2% -66.4%
4.9 14.6 8.0
OPM %
-806 bps -2420 bps
11.5% 35.7% 19.6%
Other income
— —
6.1 0.5 0.2
Net profit
-6.0% -48.5%
4.2 8.2 4.5
PAT margin %
-116 bps -1010 bps
9.9% 20.0% 11.1%
EPS (₹)
-6.0% -48.5%
2.83 5.49 3.01
Quality of profit
Pre-tax profit ₹4.4 Cr: core business −₹1.7 Cr, other income ₹6.1 Cr.
Core profit YoY: to loss
· reported profit -6.0%
Cash & debt
FY26 cash from operations ₹3.0 Cr:
37% of FY26 net profit of ₹8.1 Cr.
Borrowings ₹141 Cr at Mar 2026.
Against its own trend ?
Trend Actual Gap
Sales ₹58.9 ₹42.7
-27.6% below
Net profit ₹9.0 ₹4.2
-53.0% below
532042
· Q4 FY26 · Standalone
M Cap —
P/E —
PEG —
Profit -11% 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
+16.0% +18.2%
33.0 28.0 28.5
Operating profit
+97.2% +22.4%
0.7 0.6 0.4
OPM %
+89 bps +7 bps
2.1% 2.1% 1.3%
Other income
-35.3% +41.0%
1.1 0.8 1.7
Net profit
-5.7% +80.4%
0.8 0.5 0.9
PAT margin %
-58 bps +87 bps
2.5% 1.6% 3.1%
EPS (₹)
-5.7% +80.4%
1.66 0.92 1.76
Quality of profit
Pre-tax profit ₹1.0 Cr: core business −₹0.1 Cr, other income ₹1.1 Cr.
Core profit YoY: loss narrowed
· reported profit -5.7%
Cash & debt
Borrowings ₹55.0 Cr at Mar 2026.
Against its own trend ?
Trend Actual Gap
Sales ₹33.7 ₹33.0
-2.0% in line
Net profit ₹0.9 ₹0.8
-10.6% below
532067
· Q4 FY26 · Consolidated
M Cap —
P/E —
PEG —
Profit +15% above its own trend Operating margin contracted 1124 bps YoY 69% of pre-tax profit came from other income and one-off items Profit grew faster than the core business (core profit -41%)
₹ Cr YoY QoQ
Mar 2026 Dec 2025 Mar 2025
Sales
+57.5% -29.6%
35.4 50.4 22.5
Operating profit
+7.2% -60.9%
8.5 21.7 7.9
OPM %
-1124 bps -1918 bps
24.0% 43.1% 35.2%
Other income
+105.5% +81.6%
10.2 5.6 4.9
Net profit?
+22.0% -56.3%
9.8 22.4 8.0
PAT margin %
-804 bps -1688 bps
27.7% 44.6% 35.7%
EPS (₹)
+13.8% -56.0%
11.14 25.32 9.79
Quality of profit
Core 31% Other income & one-offs 69%
Pre-tax profit ₹14.7 Cr: core business ₹4.5 Cr, other income ₹10.2 Cr.
Core profit YoY: -40.8%
· reported profit +22.0%
Cash & debt
FY26 cash from operations ₹52.0 Cr:
87% of FY26 net profit of ₹59.9 Cr.
Borrowings ₹3.0 Cr at Mar 2026.
Against its own trend ?
Trend Actual Gap
Sales ₹26.0 ₹35.4
+36.5% above
Net profit ₹8.6 ₹9.8
+14.5% above
532078
· 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
— —
-0.1 -0.1 -0.1
Other income
— —
2.0 0.0 0.0
Net profit
from loss from loss
1.3 -0.7 -0.7
EPS (₹)
from loss from loss
3.64 -1.85 -1.79
Quality of profit
Pre-tax profit ₹1.4 Cr: core business −₹0.6 Cr, other income ₹2.0 Cr.
Core profit YoY: loss narrowed
Cash & debt
FY26 cash from operations −₹0.3 Cr.
Borrowings ₹30.1 Cr at Mar 2026.
532102
· Q4 FY26 · Consolidated
M Cap —
P/E —
PEG —
Operating margin contracted 1487 bps YoY 93% of pre-tax profit came from other income and one-off items Profit grew faster than the core business (core profit -87%) Operating cash flow was negative in FY26 despite a profit
₹ Cr YoY QoQ
Mar 2026 Dec 2025 Mar 2025
Sales
-23.9% +29.3%
159 123 209
Operating profit
-63.3% from loss
22.0 -1.0 60.0
OPM %
-1487 bps +1465 bps
13.8% -0.8% 28.7%
Other income
— —
86.0 1.0 0.0
Net profit?
+97.8% from loss
91.0 -17.0 46.0
PAT margin %
+3522 bps +7105 bps
57.2% -13.8% 22.0%
EPS (₹)
+95.4% from loss
19.01 -3.63 9.73
Quality of profit
Core 7% Other income & one-offs 93%
Pre-tax profit ₹91.0 Cr: core business ₹6.0 Cr, other income ₹86.0 Cr, exceptional & other items −₹1.0 Cr.
Core profit YoY: -87.2%
· reported profit +97.8%
Cash & debt
FY26 cash from operations −₹27.0 Cr:
-142% of FY26 net profit of ₹19.0 Cr.
Borrowings ₹273 Cr at Mar 2026.
Against its own trend ?
Trend Actual Gap
Sales ₹181 ₹159
-12.3% below
532131
· Q4 FY26 · Standalone
M Cap —
P/E —
PEG —
Profit -51% 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 narrowed loss narrowed
-0.1 -0.1 -0.2
Other income
-44.8% -9.5%
0.9 1.1 1.7
Net profit
-41.4% -9.2%
0.9 1.0 1.5
Quality of profit
Pre-tax profit ₹0.9 Cr: core business −₹0.1 Cr, other income ₹0.9 Cr.
Core profit YoY: loss narrowed
· reported profit -41.4%
Cash & debt
FY26 cash from operations −₹3.9 Cr:
-100% of FY26 net profit of ₹3.9 Cr.
Borrowings ₹114 Cr at Mar 2026.
Against its own trend ?
Trend Actual Gap
Net profit ₹1.8 ₹0.9
-50.7% below
532140
· Q4 FY26 · Consolidated
M Cap —
P/E —
PEG —
Turnaround: profit against a loss a year ago Operating margin expanded 762 bps YoY 92% of pre-tax profit came from other income and one-off items
₹ Cr YoY QoQ
Mar 2026 Dec 2025 Mar 2025
Sales
-13.7% -34.2%
30.2 46.0 35.1
Operating profit
+55.7% +0.0%
5.2 5.2 3.3
OPM %
+762 bps +584 bps
17.1% 11.2% 9.5%
Other income
+23.3% +4.4%
1.4 1.4 1.2
Net profit?
from loss -71.0%
0.4 1.2 -0.5
PAT margin %
+256 bps -151 bps
1.2% 2.7% -1.4%
EPS (₹)
from loss -66.7%
0.02 0.06 -0.02
Quality of profit
Core 8% Other income & one-offs 92%
Pre-tax profit ₹1.6 Cr: core business ₹0.1 Cr, other income ₹1.4 Cr.
Core profit YoY: from loss
Cash & debt
FY26 cash from operations ₹25.0 Cr:
689% of FY26 net profit of ₹3.6 Cr.
Borrowings ₹95.0 Cr at Mar 2026.
Against its own trend ?
Trend Actual Gap
Sales ₹29.0 ₹30.2
+4.2% in line
532315
· 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
+372.7% +92.6%
1.6 0.8 0.3
Operating profit
loss narrowed to loss
-0.3 0.7 -0.5
OPM %
— -10684 bps
-17.9% 88.9% —
Other income
+63.8% +763.6%
0.9 0.1 0.6
Net profit
+381.8% -35.4%
0.5 0.8 0.1
PAT margin %
+64 bps —
34.0% — 33.3%
EPS (₹)
+420.0% -35.0%
0.26 0.40 0.05
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 +381.8%
Cash & debt
FY26 cash from operations −₹19.0 Cr:
-5579% of FY26 net profit of ₹0.3 Cr.
Borrowings nil at Mar 2026.
Against its own trend ?
Trend Actual Gap
Sales ₹0.2 ₹1.6
+845.5% above
532355
· Q4 FY26 · Consolidated
M Cap —
P/E —
PEG —
Profit -99% 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
-0.5 -0.4 -0.5
Other income
-46.0% -5.0%
4.9 5.2 9.1
Net profit?
-97.0% -81.0%
0.1 0.4 2.7
EPS (₹)
-96.0% -75.0%
0.02 0.08 0.50
Quality of profit
Pre-tax profit ₹0.1 Cr: core business −₹4.8 Cr, other income ₹4.9 Cr.
Core profit YoY: loss narrowed
· reported profit -97.0%
Cash & debt
FY26 cash from operations −₹5.8 Cr:
-1021% of FY26 net profit of ₹0.6 Cr.
Borrowings ₹235 Cr at Mar 2026.
Against its own trend ?
Trend Actual Gap
Sales ₹0.0 ₹0.0
+100.0% above
Net profit ₹5.4 ₹0.1
-98.5% below
532359
· Q4 FY26 · Standalone
M Cap —
P/E —
PEG —
Profit -95% 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
+270.0% +42.3%
0.4 0.3 0.1
Operating profit
loss narrowed to loss
-0.0 0.0 -0.2
OPM %
— -1195 bps
-8.1% 3.8% —
Other income
-97.5% —
0.1 0.0 2.4
Net profit
-97.6% +400.0%
0.1 0.0 2.1
PAT margin %
— +967 bps
13.5% 3.8% —
EPS (₹)
-97.8% —
0.01 0.00 0.45
Quality of profit
Pre-tax profit ₹0.0 Cr: core business −₹0.0 Cr, other income ₹0.1 Cr.
Core profit YoY: loss narrowed
· reported profit -97.6%
Cash & debt
FY26 cash from operations −₹0.7 Cr:
-778% of FY26 net profit of ₹0.1 Cr.
Borrowings nil at Mar 2026.
Against its own trend ?
Trend Actual Gap
Sales ₹0.1 ₹0.4
+177.5% above
Net profit ₹1.1 ₹0.1
-95.3% 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