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, 06:14 IST 5115 declared
The next results season has started: 45 companies have filed results for the quarter ended 30 Sep 2026. See them →

Q4 FY26 scoreboard

Sales growth
+12.4%
YoY, 4645 companies combined; median +11.7%
Net profit growth
+34.1%
YoY combined; median +16.1%
Operating margin
14.3%
+10 bps YoY
Grew profit
55%
472 turnarounds, 495 into loss
Vs own profit trend
38% / 48%
above / below, 14% in line
Banks: NII growth
+9.1%
120 lenders; profit +11.1%
Price since results
-3.9%
median; 31% of 35 stocks up
Other-income heavy
1375
25%+ of pre-tax profit from other income & one-offs

1375 matching results 1375

Page 46 of 46

Nxt-Infra Trust

NXT-INFRA · Q4 FY26 · Consolidated
M Cap
—
P/E
—
PEG
—
  • Into loss: a profit a year ago
  • Operating margin contracted 4987 bps YoY
  • All of pre-tax profit came from other income or one-off items
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales -57.9%-88.5% 87.0759207
Operating profit -100.0%-100.0% 0.0505103
OPM % -4987 bps-6649 bps 0.0%66.5%49.9%
Other income -67.2%-72.3% 64.0231195
Net profit? to lossto loss -1.0131140
PAT margin % -6886 bps-1833 bps -1.1%17.2%67.7%
EPS (₹) to lossto loss -0.040.464.91

Quality of profit

Pre-tax profit ₹7.0 Cr: core business −₹57.0 Cr, other income ₹64.0 Cr.

Core profit YoY: loss widened

Oriental Carbon

OCCL · Q4 FY26 · Consolidated
M Cap
—
P/E
—
PEG
—
  • Profit -33% below its own trend
  • Operating margin contracted 558 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
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales -9.4%-19.0% 25.231.127.8
Operating profit -64.0%-62.8% 0.92.52.6
OPM % -558 bps-434 bps 3.7%8.0%9.3%
Other income +15.2%-32.6% 0.91.40.8
Net profit? -62.9%-75.0% 0.62.21.5
PAT margin % -321 bps-497 bps 2.2%7.2%5.4%
EPS (₹) to lossto loss -0.031.730.88

Quality of profit

Pre-tax profit ₹0.2 Cr: core business −₹0.7 Cr, other income ₹0.9 Cr.

Core profit YoY: to loss · reported profit -62.9%

Cash & debt

FY26 cash from operations −₹6.0 Cr: -80% of FY26 net profit of ₹7.5 Cr.

Borrowings ₹29.0 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹30.2₹25.2 -16.4% below
Net profit₹0.8₹0.6 -32.7% below

Onyx Biotec Limited

ONYX · H2 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Operating margin contracted 754 bps YoY
  • 41% of pre-tax profit came from other income and one-off items
  • Profit grew faster than the core business (core profit -88%)
₹ CrYoYvs prev. half Mar 2026Sep 2025Mar 2025
Sales +9.7%+0.8% 34.934.631.8
Operating profit -47.1%+160.6% 2.50.94.6
OPM % -754 bps+431 bps 7.0%2.7%14.6%
Other income +16.7%-12.5% 0.20.20.2
Net profit -65.0%from loss 0.7-0.92.0
PAT margin % -422 bps+458 bps 2.0%-2.6%6.2%
EPS (₹) -65.1%from loss 0.38-0.501.09

Quality of profit

Core 59%Other income & one-offs 41%

Pre-tax profit ₹0.5 Cr: core business ₹0.3 Cr, other income ₹0.2 Cr.

Core profit YoY: -88.0% · reported profit -65.0%

Cash & debt

FY26 cash from operations −₹1.5 Cr.

Borrowings ₹15.2 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹35.2₹34.9 -0.8% in line

Patil Automation Limited

PATILAUTOM · H2 FY26 · Consolidated
M Cap
—
P/E
—
PEG
—
  • 27% of pre-tax profit came from other income and one-off items
₹ Crvs prev. half Mar 2026Sep 2025
Sales +34.1% 95.371.1
Operating profit +33.1% 13.910.5
OPM % -12 bps 14.6%14.7%
Other income +49.7% 3.72.5
Net profit? +53.3% 11.57.5
PAT margin % +151 bps 12.1%10.6%
EPS (₹) +10.1% 4.704.27

Quality of profit

Core 73%Other income & one-offs 27%

Pre-tax profit ₹13.8 Cr: core business ₹10.1 Cr, other income ₹3.7 Cr.

Pattech Fitwell Tube Components Limited

PATTECH · H2 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Profit +556% above its own trend
  • Operating margin expanded 238 bps YoY
  • 32% of pre-tax profit came from other income and one-off items
  • Profit grew faster than the core business (core profit +165%)
₹ CrYoYvs prev. half Mar 2026Sep 2025Mar 2025
Sales +2.1%-31.5% 24.335.523.8
Operating profit +39.4%+15.8% 2.21.91.6
OPM % +238 bps+363 bps 8.9%5.3%6.5%
Other income +425.0%+78.5% 0.40.20.1
Net profit +284.6%+13.4% 1.00.90.3
PAT margin % +302 bps+163 bps 4.1%2.5%1.1%
EPS (₹) +211.8%+12.8% 1.060.940.34

Quality of profit

Core 68%Other income & one-offs 32%

Pre-tax profit ₹1.3 Cr: core business ₹0.9 Cr, other income ₹0.4 Cr.

Core profit YoY: +164.7% · reported profit +284.6%

Cash & debt

FY26 cash from operations ₹6.4 Cr.

Borrowings ₹31.3 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹32.4₹24.3 -25.0% below
Net profit₹0.2₹1.0 +556.1% above

Pelatro Limited

PELATRO · Q4 FY26 · Consolidated
M Cap
—
P/E
—
PEG
—
  • Operating margin contracted 489 bps YoY
  • 46% of pre-tax profit came from other income and one-off items
  • Profit grew faster than the core business (core profit -52%)
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales -17.4%+43.6% 39.127.247.3
Operating profit -37.1%+56.0% 6.13.99.7
OPM % -489 bps+124 bps 15.6%14.4%20.5%
Other income +106.2%+183.4% 3.01.11.5
Net profit? -11.0%— 6.10.16.9
PAT margin % +113 bps+1543 bps 15.6%0.2%14.5%
EPS (₹) -24.0%+61.2% 5.773.587.59

Quality of profit

Core 54%Other income & one-offs 46%

Pre-tax profit ₹6.5 Cr: core business ₹3.5 Cr, other income ₹3.0 Cr.

Core profit YoY: -51.8% · reported profit -11.0%

Cash & debt

FY26 cash from operations ₹17.0 Cr: 118% of FY26 net profit of ₹14.4 Cr.

Borrowings ₹41.0 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹41.9₹39.1 -6.7% below
Net profit₹6.3₹6.1 -3.6% in line

Phoenix Overseas Limited

PHOGLOBAL · H2 FY26 · Consolidated
M Cap
—
P/E
—
PEG
—
  • 33% of pre-tax profit came from other income and one-off items
  • Profit grew faster than the core business (core profit +33%)
₹ CrYoYvs prev. half Mar 2026Sep 2025Mar 2025
Sales +29.6%+55.6% 372239287
Operating profit +20.0%— 6.00.05.0
OPM % -13 bps+161 bps 1.6%0.0%1.7%
Other income +0.0%+100.0% 2.01.02.0
Net profit? +66.7%from loss 5.0-1.03.0
PAT margin % +30 bps+176 bps 1.3%-0.4%1.0%
EPS (₹) +37.1%from loss 2.40-0.621.75

Quality of profit

Core 67%Other income & one-offs 33%

Pre-tax profit ₹6.0 Cr: core business ₹4.0 Cr, other income ₹2.0 Cr.

Core profit YoY: +33.3% · reported profit +66.7%

Cash & debt

FY26 cash from operations −₹5.0 Cr.

Borrowings ₹50.0 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹321₹372 +15.9% above

Pranik Logistics Limited

PRANIK · Q4 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Operating margin contracted 219 bps YoY
  • 25% of pre-tax profit came from other income and one-off items
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +51.6%+26.7% 45.736.130.1
Operating profit +24.5%+49.2% 4.63.13.7
OPM % -219 bps+151 bps 10.0%8.5%12.2%
Other income +102.9%-21.6% 0.70.90.3
Net profit +0.5%+70.6% 2.01.22.0
PAT margin % -226 bps+114 bps 4.4%3.3%6.7%
EPS (₹) +0.5%+70.4% 1.841.081.83

Quality of profit

Core 75%Other income & one-offs 25%

Pre-tax profit ₹2.7 Cr: core business ₹2.0 Cr, other income ₹0.7 Cr.

Core profit YoY: -14.3% · reported profit +0.5%

Cash & debt

FY26 cash from operations ₹17.0 Cr: 241% of FY26 net profit of ₹7.0 Cr.

Borrowings ₹43.0 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹48.5₹45.7 -5.7% below
Net profit₹2.2₹2.0 -6.9% in line

Paramount Speciality Forgings Limited

PSFL · H2 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Profit -47% below its own trend
  • Operating margin contracted 148 bps YoY
  • 33% of pre-tax profit came from other income and one-off items
₹ CrYoYvs prev. half Mar 2026Sep 2025Mar 2025
Sales -1.6%+6.9% 62.058.063.0
Operating profit -20.0%+0.0% 4.04.05.0
OPM % -148 bps-44 bps 6.5%6.9%7.9%
Other income +0.0%+0.0% 1.01.01.0
Net profit -33.3%+0.0% 2.02.03.0
PAT margin % -154 bps-22 bps 3.2%3.4%4.8%
EPS (₹) -28.1%-5.4% 1.051.111.46

Quality of profit

Core 67%Other income & one-offs 33%

Pre-tax profit ₹3.0 Cr: core business ₹2.0 Cr, other income ₹1.0 Cr.

Core profit YoY: -33.3% · reported profit -33.3%

Cash & debt

FY26 cash from operations ₹6.0 Cr.

Borrowings ₹28.0 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹77.0₹62.0 -19.5% below
Net profit₹3.8₹2.0 -46.7% below

Quadpro Ites Limited

QUADPRO · H2 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Into loss: a profit a year ago
  • Profit -117% below its own trend
  • Operating margin contracted 289 bps YoY
  • All of pre-tax profit came from other income or one-off items
₹ CrYoYvs prev. half Mar 2026Sep 2025Mar 2025
Sales -10.6%+4.4% 3.33.13.7
Operating profit -39.4%-56.5% 0.20.50.3
OPM % -289 bps-852 bps 6.1%14.6%9.0%
Other income +16.0%-3.3% 0.30.30.2
Net profit to lossto loss -0.00.20.2
PAT margin % -713 bps-791 bps -0.6%7.3%6.5%
EPS (₹) -100.0%-100.0% 0.000.050.05

Quality of profit

Pre-tax profit ₹0.0 Cr: core business −₹0.2 Cr, other income ₹0.3 Cr.

Core profit YoY: to loss

Cash & debt

FY26 cash from operations −₹1.4 Cr.

Borrowings ₹1.0 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹2.8₹3.3 +18.4% above
Net profit₹0.1−₹0.0 -116.7% below

QVC Exports Limited

QVCEL · H2 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Operating margin contracted 267 bps YoY
  • All of pre-tax profit came from other income or one-off items
₹ CrYoYvs prev. half Mar 2026Sep 2025Mar 2025
Sales +44.1%+11.5% 232208161
Operating profit -80.0%-75.0% 1.04.05.0
OPM % -267 bps-149 bps 0.4%1.9%3.1%
Other income +0.0%+66.7% 5.03.05.0
Net profit -75.0%+0.0% 1.01.04.0
PAT margin % -205 bps-5 bps 0.4%0.5%2.5%
EPS (₹) -60.9%-4.9% 1.361.433.48

Quality of profit

Pre-tax profit ₹2.0 Cr: core business −₹3.0 Cr, other income ₹5.0 Cr.

Core profit YoY: — · reported profit -75.0%

Cash & debt

FY26 cash from operations ₹10.0 Cr.

Borrowings ₹65.0 Cr at Mar 2026.

Rex Pipes And Cables Industries Limited

REXPIPES · H2 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Profit -50% below its own trend
  • Operating margin contracted 500 bps YoY
  • 50% of pre-tax profit came from other income and one-off items
  • Profit grew faster than the core business (core profit -60%)
₹ CrYoYvs prev. half Mar 2026Sep 2025Mar 2025
Sales +0.0%-1.1% 60.060.760.0
Operating profit -42.9%-9.3% 4.04.47.0
OPM % -500 bps-60 bps 6.7%7.3%11.7%
Other income —+359.2% 2.00.40.0
Net profit -25.0%+53.0% 3.02.04.0
PAT margin % -167 bps+177 bps 5.0%3.2%6.7%
EPS (₹) -23.5%+37.5% 2.862.083.74

Quality of profit

Core 50%Other income & one-offs 50%

Pre-tax profit ₹4.0 Cr: core business ₹2.0 Cr, other income ₹2.0 Cr.

Core profit YoY: -60.0% · reported profit -25.0%

Cash & debt

FY26 cash from operations ₹4.0 Cr.

Borrowings ₹29.0 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹48.7₹60.0 +23.2% above
Net profit₹6.0₹3.0 -49.7% below

Rexpro Enterprises Limited

REXPRO · H2 FY26 · Consolidated
M Cap
—
P/E
—
PEG
—
  • Profit -92% below its own trend
  • Operating margin contracted 826 bps YoY
  • All of pre-tax profit came from other income or one-off items
₹ CrYoYvs prev. half Mar 2026Sep 2025Mar 2025
Sales -49.9%-36.7% 28.645.157.0
Operating profit -90.1%-67.2% 0.61.85.9
OPM % -826 bps-189 bps 2.0%3.9%10.3%
Other income +135.9%+7.1% 1.51.40.6
Net profit? -91.8%-81.7% 0.31.94.2
PAT margin % -609 bps-293 bps 1.2%4.1%7.3%
EPS (₹) -91.9%-81.9% 0.301.663.70

Quality of profit

Pre-tax profit ₹0.6 Cr: core business −₹0.9 Cr, other income ₹1.5 Cr.

Core profit YoY: to loss · reported profit -91.8%

Cash & debt

FY26 cash from operations −₹3.9 Cr.

Borrowings ₹16.0 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹63.3₹28.6 -54.9% below
Net profit₹4.5₹0.3 -92.4% below

Raajmarg Infra Investment Trust

RIIT · Q4 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • 25% of pre-tax profit came from other income and one-off items
₹ Cr Mar 2026
Sales 11.0
Operating profit 10.0
OPM % 90.9%
Other income 3.0
Net profit 10.0
PAT margin % 90.9%
EPS (₹) 0.17

First results we hold for this company (a recent listing or a first filing), so there is no earlier quarter to compare with.

Quality of profit

Core 75%Other income & one-offs 25%

Pre-tax profit ₹12.0 Cr: core business ₹9.0 Cr, other income ₹3.0 Cr.

Sahasra Electronic Solutions Limited

SAHASRA · H2 FY26 · Consolidated
M Cap
—
P/E
—
PEG
—
  • Turnaround: profit against a loss a year ago
  • Operating margin expanded 1226 bps YoY
  • All of pre-tax profit came from other income or one-off items
₹ CrYoYvs prev. half Mar 2026Sep 2025Mar 2025
Sales +56.0%+28.6% 78.060.650.0
Operating profit from loss-24.4% 8.010.6-1.0
OPM % +1226 bps-720 bps 10.3%17.5%-2.0%
Other income +75.0%+134.3% 7.03.04.0
Net profit? from loss+3.2% 6.05.8-4.0
PAT margin % +1569 bps-190 bps 7.7%9.6%-8.0%
EPS (₹) from loss+137.5% 3.991.68-1.40

Quality of profit

Core 0%Other income & one-offs 100%

Pre-tax profit ₹7.0 Cr: core business ₹0.0 Cr, other income ₹7.0 Cr.

Core profit YoY: loss narrowed

Cash & debt

FY26 cash from operations −₹10.0 Cr.

Borrowings ₹67.0 Cr at Mar 2026.

Saj Hotels Limited

SAJHOTELS · Q4 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Operating margin expanded 1037 bps YoY
  • 42% of pre-tax profit came from other income and one-off items
  • Profit grew faster than the core business (core profit -25%)
  • Operating cash flow was negative in FY26 despite a profit
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales -1.5%+1.1% 4.74.64.7
Operating profit +30.9%+12.1% 1.91.71.5
OPM % +1037 bps+411 bps 41.9%37.8%31.6%
Other income +38.5%-39.3% 0.50.90.4
Net profit -3.4%-17.5% 0.81.00.9
PAT margin % -36 bps-411 bps 18.3%22.4%18.6%
EPS (₹) -3.6%-17.2% 0.530.640.55

Quality of profit

Core 58%Other income & one-offs 42%

Pre-tax profit ₹1.3 Cr: core business ₹0.7 Cr, other income ₹0.5 Cr.

Core profit YoY: -25.3% · reported profit -3.4%

Cash & debt

FY26 cash from operations −₹0.7 Cr: -25% of FY26 net profit of ₹2.9 Cr.

Borrowings ₹22.8 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹5.6₹4.7 -16.7% below
Net profit₹0.8₹0.8 +8.8% in line

S A Tech Software India Limited

SATECH · H2 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Operating margin contracted 227 bps YoY
  • 25% of pre-tax profit came from other income and one-off items
₹ CrYoYvs prev. half Mar 2026Sep 2025Mar 2025
Sales +28.6%+26.0% 63.050.049.0
Operating profit +0.0%— 5.00.05.0
OPM % -227 bps+794 bps 7.9%0.0%10.2%
Other income +0.0%— 1.00.01.0
Net profit +0.0%from loss 3.0-1.03.0
PAT margin % -136 bps+676 bps 4.8%-2.0%6.1%
EPS (₹) -4.0%from loss 2.15-0.492.24

Quality of profit

Core 75%Other income & one-offs 25%

Pre-tax profit ₹4.0 Cr: core business ₹3.0 Cr, other income ₹1.0 Cr.

Core profit YoY: +0.0% · reported profit +0.0%

Cash & debt

FY26 cash from operations ₹11.0 Cr.

Borrowings ₹28.0 Cr at Mar 2026.

TechEra Engineering (India) Limited

TECHERA · H2 FY26 · Consolidated
M Cap
—
P/E
—
PEG
—
  • Operating margin contracted 1069 bps YoY
  • 81% of pre-tax profit came from other income and one-off items
  • Profit grew faster than the core business (core profit -95%)
₹ CrYoYvs prev. half Mar 2026Sep 2025Mar 2025
Sales -24.2%-0.4% 24.224.331.9
Operating profit -56.0%-24.1% 3.64.78.2
OPM % -1069 bps-463 bps 14.8%19.5%25.5%
Other income +606.2%— 1.10.10.2
Net profit? -66.3%+11.4% 1.51.34.3
PAT margin % -753 bps+64 bps 6.0%5.4%13.6%
EPS (₹) -66.4%+11.4% 0.880.792.62

Quality of profit

Core 19%Other income & one-offs 81%

Pre-tax profit ₹1.4 Cr: core business ₹0.3 Cr, other income ₹1.1 Cr.

Core profit YoY: -95.2% · reported profit -66.3%

Cash & debt

FY26 cash from operations ₹5.9 Cr.

Borrowings ₹32.2 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹42.9₹24.2 -43.6% below

Thinking Hats Entertainment Solutions Limited

THESL · H2 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Profit -75% below its own trend
  • Operating margin contracted 297 bps YoY
  • 61% of pre-tax profit came from other income and one-off items
₹ CrYoYvs prev. half Mar 2026Sep 2025Mar 2025
Sales -61.1%+81.3% 15.28.439.0
Operating profit -74.0%-35.9% 0.91.43.5
OPM % -297 bps-1098 bps 6.0%17.0%9.0%
Other income -38.7%+171.4% 0.40.10.6
Net profit -80.1%-31.1% 0.50.72.6
PAT margin % -320 bps-549 bps 3.4%8.9%6.6%
EPS (₹) -80.0%-30.5% 0.410.592.05

Quality of profit

Core 39%Other income & one-offs 61%

Pre-tax profit ₹0.6 Cr: core business ₹0.2 Cr, other income ₹0.4 Cr.

Core profit YoY: -92.2% · reported profit -80.1%

Cash & debt

FY26 cash from operations ₹3.4 Cr.

Borrowings ₹10.8 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹56.2₹15.2 -73.0% below
Net profit₹2.1₹0.5 -75.2% below

Shree Tirupati Balajee FIBC Limited

TIRUPATI · H2 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Profit -88% below its own trend
  • Operating margin contracted 1970 bps YoY
  • 50% of pre-tax profit came from other income and one-off items
₹ CrYoYvs prev. half Mar 2026Sep 2025Mar 2025
Sales +2.9%+13.8% 10794.0104
Operating profit -74.3%+16.7% 7.06.027.3
OPM % -1970 bps+16 bps 6.5%6.4%26.2%
Other income -19.1%-66.7% 1.03.01.2
Net profit -85.7%-50.0% 1.02.07.0
PAT margin % -580 bps-119 bps 0.9%2.1%6.7%
EPS (₹) -85.4%-43.2% 1.051.857.19

Quality of profit

Core 50%Other income & one-offs 50%

Pre-tax profit ₹2.0 Cr: core business ₹1.0 Cr, other income ₹1.0 Cr.

Core profit YoY: -94.3% · reported profit -85.7%

Cash & debt

FY26 cash from operations −₹3.0 Cr.

Borrowings ₹104 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹110₹107 -2.9% in line
Net profit₹8.3₹1.0 -88.0% below

Transwind Infrastructures Limited

TRANSWIND · H2 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Profit +13% above its own trend
  • Operating margin contracted 478 bps YoY
  • All of pre-tax profit came from other income or one-off items
₹ CrYoYvs prev. half Mar 2026Sep 2025Mar 2025
Sales -35.2%-11.4% 10.111.415.6
Operating profit -77.9%-71.6% 0.20.91.1
OPM % -478 bps-525 bps 2.5%7.7%7.3%
Other income +22.0%+78.6% 0.50.30.4
Net profit +26.1%-49.1% 0.30.60.2
PAT margin % +140 bps-213 bps 2.9%5.0%1.5%
EPS (₹) +11.8%-55.3% 0.380.850.34

Quality of profit

Pre-tax profit ₹0.4 Cr: core business −₹0.1 Cr, other income ₹0.5 Cr.

Core profit YoY: to loss · reported profit +26.1%

Cash & debt

FY26 cash from operations ₹0.1 Cr.

Borrowings ₹4.4 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹25.0₹10.1 -59.6% below
Net profit₹0.3₹0.3 +12.9% above

Trom Industries Limited

TROM · H2 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Operating margin expanded 269 bps YoY
  • 25% of pre-tax profit came from other income and one-off items
₹ CrYoYvs prev. half Mar 2026Sep 2025Mar 2025
Sales +76.6%+107.5% 83.040.047.0
Operating profit +300.0%-33.3% 4.06.01.0
OPM % +269 bps-1018 bps 4.8%15.0%2.1%
Other income +0.0%+0.0% 1.01.01.0
Net profit —-25.0% 3.04.00.0
PAT margin % +361 bps-639 bps 3.6%10.0%0.0%
EPS (₹) +430.8%-42.1% 2.764.770.52

Quality of profit

Core 75%Other income & one-offs 25%

Pre-tax profit ₹4.0 Cr: core business ₹3.0 Cr, other income ₹1.0 Cr.

Cash & debt

FY26 cash from operations −₹4.0 Cr.

Borrowings ₹32.0 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹56.1₹83.0 +48.0% above

Unilex Colours and Chemicals Limited

UNILEX · H2 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Operating margin expanded 202 bps YoY
  • 86% of pre-tax profit came from other income and one-off items
₹ CrYoYvs prev. half Mar 2026Sep 2025Mar 2025
Sales -19.2%-10.6% 59.066.073.0
Operating profit +100.0%— 2.00.01.0
OPM % +202 bps+339 bps 3.4%0.0%1.4%
Other income +66.7%+66.7% 5.03.03.0
Net profit +150.0%+400.0% 5.01.02.0
PAT margin % +573 bps+696 bps 8.5%1.5%2.7%
EPS (₹) +145.4%+267.0% 4.001.091.63

Quality of profit

Core 14%Other income & one-offs 86%

Pre-tax profit ₹7.0 Cr: core business ₹1.0 Cr, other income ₹5.0 Cr, exceptional & other items ₹1.0 Cr.

Core profit YoY: — · reported profit +150.0%

Cash & debt

FY26 cash from operations −₹13.0 Cr.

Borrowings ₹21.0 Cr at Mar 2026.

Voler Car Limited

VOLERCAR · Q4 FY26 · Standalone
M Cap
—
P/E
—
PEG
—
  • Operating margin contracted 532 bps YoY
  • 80% of pre-tax profit came from other income and one-off items
  • Profit grew faster than the core business (core profit -75%)
₹ CrYoYQoQ Mar 2026Dec 2025Mar 2025
Sales +25.9%+10.3% 13.912.711.1
Operating profit -69.2%+41.2% 0.20.20.8
OPM % -532 bps+38 bps 1.7%1.3%7.0%
Other income +64.4%+7.2% 0.70.70.5
Net profit -22.2%+9.4% 0.70.60.9
PAT margin % -310 bps-4 bps 5.0%5.1%8.1%
EPS (₹) -22.2%+10.5% 0.630.570.81

Quality of profit

Core 20%Other income & one-offs 80%

Pre-tax profit ₹0.9 Cr: core business ₹0.2 Cr, other income ₹0.7 Cr.

Core profit YoY: -74.7% · reported profit -22.2%

V R Infraspace Limited

VR · H2 FY26 · Consolidated
M Cap
—
P/E
—
PEG
—
  • Profit +144% above its own trend
  • Operating margin contracted 117 bps YoY
  • 34% of pre-tax profit came from other income and one-off items
  • Core business grew faster than reported profit (core profit +378%)
₹ CrYoYvs prev. half Mar 2026Sep 2025Mar 2025
Sales +200.8%+196.6% 55.718.818.5
Operating profit +178.0%+140.6% 8.03.32.9
OPM % -117 bps-332 bps 14.3%17.6%15.5%
Other income +80.9%— 2.00.11.1
Net profit? +218.7%+162.3% 4.31.61.3
PAT margin % +43 bps-100 bps 7.7%8.7%7.2%
EPS (₹) +151.6%+141.9% 3.121.291.24

Quality of profit

Core 66%Other income & one-offs 34%

Pre-tax profit ₹5.9 Cr: core business ₹3.9 Cr, other income ₹2.0 Cr.

Core profit YoY: +378.0% · reported profit +218.7%

Cash & debt

FY26 cash from operations −₹1.8 Cr.

Borrowings ₹31.7 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹27.8₹55.7 +100.1% above
Net profit₹1.8₹4.3 +143.7% 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.

⚠️ How this site is made: Market data pages are computed automatically from NSE/BSE publications and company filings; news articles and announcement analyses are written with AI assistance, with a human in the loop: our editors review what the AI produces. Both can contain errors. Verify with the original sources before any investment decision. Not investment advice; Flash Finance is not SEBI-registered. How we use AI