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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Arex Industries Ltd, a textile labels manufacturer, filed its Q3 FY26 standalone results. Revenue from operations for the quarter stood at Rs. 1,298.65 lakhs, marginally lower than Rs. 1,320.06 lakhs in Q3 FY25. Profit after tax (PAT) fell sharply to Rs. 25.98 lakhs from Rs. 97.73 lakhs a year ago, a drop of about 73% year-on-year. Sequentially, PAT collapsed from Rs. 100.04 lakhs in Q2 FY26, even though revenue was nearly flat. The nine-month PAT also declined to Rs. 150.71 lakhs versus Rs. 237.66 lakhs in the same period last year. The main drag was a sharp rise in employee benefit expenses (Rs. 612.05 lakhs in Q3 vs Rs. 430.63 lakhs last year), which crushed operating margins. The statutory auditor issued an unmodified limited review report with no qualifications or emphasis of matter.
Despite stable top-line, the steep fall in profitability reflects significant margin compression due to higher employee costs, which is likely to be viewed negatively by investors and could pressure the stock in the near term.