Outcome of Board Meeting dated 10.02.2026
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Coastal Roadways Limited reported its unaudited financial results for Q3 FY25-26 and the nine months ended 31st December 2025, approved at the board meeting on 10th February 2026. Total income for Q3 stood at Rs. 1,027 lakhs versus Rs. 1,048 lakhs in the same quarter last year, while nine-month total income was Rs. 3,087 lakhs (up slightly from Rs. 3,031 lakhs restated). Net profit for the nine months was Rs. 145 lakhs, with EPS of Rs. 3.67 for nine months and Rs. 1.54 for Q3. The company restated comparative figures for Q3 FY24-25 and 9M FY24-25, correcting a prior period error where fair value changes on mutual fund investments (classified as FVTPL) and related deferred tax were not recognised in P&L. The restatement is non-cash and reduces previously reported PAT — for instance, Q3 FY24-25 PAT dropped from Rs. 44 lakhs to Rs. 9 lakhs post-restatement, and 9M FY24-25 PAT fell from Rs. 742 lakhs to Rs. 693 lakhs. Statutory auditor Patanjali & Co. issued an unqualified review report.
The restatement is a non-cash accounting correction related to fair-value treatment of mutual fund investments and does not affect cash flows, but it materially reduces prior-period reported profits, which investors should note when comparing historical numbers. Overall, revenue and profitability trends are mixed with slight softness in Q3.