Please find the attached outcome of Board Meeting i.e 11.02.2026
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Awaiting price reaction for this filing.
The Board of ATV Projects India Ltd approved unaudited financial results for Q3 FY26 (quarter ended 31 December 2025) along with a Limited Review Report from auditor RHAD & Co., which gave an unmodified (clean) review conclusion. Revenue from operations for Q3 FY26 stood at Rs. 1,834.55 lakhs, up about 17% year-on-year from Rs. 1,566.84 lakhs, and up sharply from Rs. 1,395.03 lakhs in the previous quarter. Profit after tax for the quarter was Rs. 160.65 lakhs (EPS Rs. 0.30), slightly down from Rs. 166.87 lakhs in Q3 FY25. For the nine months ended December 2025, revenue fell roughly 10% YoY to Rs. 4,755.47 lakhs, while PAT rose about 5.5% YoY to Rs. 509.27 lakhs (9M EPS Rs. 0.96). No income tax provision has been made because the company has carry-forward losses and unabsorbed depreciation. The board also approved CSR spending for FY25-26 and reviewed the company's progress.
Mixed picture for shareholders – a strong sequential rebound in Q3 revenue and stable quarterly profits, but the 9-month numbers show shrinking top-line versus last year, and quarterly margins appear to have compressed. The clean limited review report and ongoing tax shield from past losses are positives, while the YoY revenue decline is a watchpoint.