Announced Thu, 12 Feb · 17:13 IST

Pursuant to Regulation 30 & Regulation 33 read with schedule III of the Securities and Exchange Board of India (Listing and Obligations and Disclosures Requirements) Regulations, 2015 ("Listing ....

Revenue Growth 20pctPat NegativeResults View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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AI summary

Caspian Corporate Services reported its Q3 FY26 (quarter ended 31-Dec-2025) results along with nine-month figures. On a standalone basis, quarterly revenue jumped sharply to ₹183.76 lakhs from ₹32.56 lakhs a year earlier, but the company slipped into a net loss of ₹(9.28) lakhs for the quarter versus a small loss of ₹(1.86) lakhs last year, driven mainly by a ₹10.90 lakh tax adjustment relating to earlier periods. For 9M FY26, standalone net loss stood at ₹(5.87) lakhs against a profit of ₹15.84 lakhs last year. On a consolidated basis (which includes two subsidiaries — Sumathi Corporate Services and Sumathi Brightshine Airport Services), quarterly revenue rose to ₹2,605.46 lakhs (vs ₹1,792.54 lakhs in Q3 FY25), but the company reported a marginal net loss of ₹(7.72) lakhs for the quarter and ₹(1.77) lakhs for 9M FY26, compared to a profit of ₹429.69 lakhs in the same period last year. The auditor (MAAK and Associates) issued an unmodified review report on both sets of results, with no emphasis-of-matter or qualification.

Likely market impact

Despite strong top-line growth, especially in the consolidated business (manpower supply), profitability has sharply deteriorated compared to last year, with the group swinging from healthy profits to small losses — a negative signal for shareholders. Costs (employee expenses and other overheads) are eating into most of the revenue, leaving very thin margins.