Investor Press Release for the update on Unaudited Financial Results of the Company for Q3 FY 25-26 ended on 31st December 2025
CROWN · price
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Awaiting price reaction for this filing.
Crown Lifters reported that Q3 FY26 performance was hit by temporary operational issues rather than weak demand. Project mobilisation delays pushed some revenue into the next quarter, a trading turnover decline of ₹96.5 lakh quarter-on-quarter, and accidental damage to an 800T crane caused an estimated ₹1.0–1.1 crore revenue loss, with the crane now back in service. Higher transportation costs from seasonal crane redeployment also weighed on the quarter. On the capex side, of three 350T crawler cranes ordered earlier, one is operational and two are expected by end-February and end-March 2026 with jobs already secured. Management is in advanced talks to acquire an additional 800T crane for about ₹18 crore, targeting ₹45–50 lakh monthly revenue from March 2026, mainly for renewable energy and heavy industry work. The company continues to see opportunities in wind, oil & gas, cement, steel, and infrastructure/metro projects.
Short-term, the quarter shows softer numbers due to one-time operational hits, which the stock may react to negatively. However, the secured jobs for new cranes, the proposed 800T acquisition, and clear deployment timelines point to revenue visibility and capacity-led growth ahead, which could support the stock once execution picks up from Q4 FY26.