Q3 FY26: revenue declines 20 percent, PAT jumps on subsidiary sale gains

Revenue DeclinePat Growth 25pctExceptional ItemEmphasis Of MatterResults View source PDF Explain this filing

ASHOKA · price

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Price reactionminutes from the announcement price · days from the prior close

-0.9%Reaction day

₹149.99

prior close

₹149.38

announcement price

After-mkt

timing

Nifty Microcap 250market · index membership as recorded later (tracked since Jun 2026)-1.3%+0.4% vs market

Civil Construction peers, median of 92sector-1.1%+0.2% vs sector

On the reaction day the stock moved 0.4 pts more than Nifty Microcap 250 and 0.2 pts more than its Civil Construction peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

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10m

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15m

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30m

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Sessions after the filingfrom the prior close

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Reaction day

-0.9-1.3+0.4-1.1+0.2

Next day

+2.0+2.4-0.4+1.0+1.0

+3.4+3.8-0.4+2.3+1.1

+1.8+2.7-0.9+1.5+0.3

+4.1+1.9+2.2+0.4+3.7

+9.3+4.6+4.8+3.2+6.1

+6.6+5.1+1.6+2.6+4.0

15d

-4.1+2.1-6.1-1.1-3.0

-13.8-2.1-11.7-5.2-8.6

-24.8-6.4-18.4-9.5-15.3

-9.9+9.5-19.4+4.9-14.7

UpDownMarket · Nifty Microcap 250Sector · Civil Construction peers, median of 92Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Board approved Q3 and 9M FY26 results on Jan 30, 2026. Standalone Q3 revenue Rs 1,463 cr, down 18 percent YoY; 9M revenue Rs 4,040 cr, down 21 percent YoY. Standalone 9M PAT was Rs 272 cr vs Rs 138 cr earlier, boosted by exceptional gains from subsidiary divestments. Board also cleared re-appointment of Chairman Ashok Katariya for 3 years and Independent Director Shilpa Hiran for second term, subject to postal ballot.

Likely market impact

Revenue pressure continues, but one-time gains from subsidiary sales lifted PAT. Management continuity with key directors re-appointed.