Pursuant to Regulations 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (''Listing Regulations''), we hereby inform ....
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The board approved unaudited standalone financial results for Q3 FY26 and nine months ended December 31, 2025, along with a limited review report from statutory auditor Rajeshkumar P Shah & Co. Revenue from operations for 9M FY26 rose to Rs. 1,745.97 lakhs from Rs. 1,216.54 lakhs in the prior-year period, a year-on-year growth of about 43%. However, quarterly revenue fell sharply to Rs. 403 lakhs in Q3 FY26 versus Rs. 1,031 lakhs in Q3 FY25, a drop of roughly 61%. Despite the nine-month topline growth, the company swung to a loss of Rs. 198.01 lakhs (PAT) against a profit of Rs. 83.99 lakhs in the prior-year period. Total expenses of Rs. 2,049.88 lakhs exceeded total income of Rs. 1,757.81 lakhs, driven mainly by a jump in 'other expenses' from Rs. 43.55 lakhs to Rs. 312 lakhs.
The sharp quarterly revenue decline combined with a swing to losses signals serious margin pressure and underlying business stress. Shareholders should view the topline growth with caution, as expenses are outpacing income and the bottom line has deteriorated significantly year-on-year.