Q3 results: profit up, new interim CFO appointed, senior management changes
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Board approved Q3 FY26 results: revenue from operations Rs 5,622.94 million vs Rs 4,617.60 million prior quarter and Rs 5,307.44 million year ago. Net profit Rs 388.06 million vs Rs 359.54 million prior quarter and Rs 395.81 million year ago. Exceptional charge of Rs 119.87 million booked for new Labour Codes impact. Mr. Raman K (internal, previously Sr GM Finance) named interim CFO until a new CFO is appointed. Two SMP cessations and two SMP appointments also approved.
Interim CFO is an internal promotion, no disruption expected. Results show sequential growth but the Labour Code charge weighs on profit.