Board meeting outcome 10.02.2026
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Dynavision Limited's board, meeting on 10.02.2026, approved unaudited standalone and consolidated financial results for Q3 and nine months ended 31 December 2025, which received a clean limited review from auditors R. Subramanian and Company LLP. On a standalone basis, Q3 FY26 revenue from operations was ₹220.93 lakhs (vs ₹220.46 lakhs in Q3 FY25) and profit after tax rose sharply to ₹162.41 lakhs (vs ₹132.03 lakhs in Q3 FY25); however, nine-month standalone revenue declined to ₹662.19 lakhs from ₹757.46 lakhs in 9M FY25, a drop of about 12.6%, though nine-month PAT was nearly flat at ₹442.21 lakhs. On a consolidated basis, nine-month revenue grew modestly to ₹1,006.09 lakhs from ₹973.90 lakhs, with PAT at ₹389.36 lakhs (vs ₹382.77 lakhs). The board also noted a BSE SOP fine of ₹2,17,120 for non-compliance with Regulation 19(1)/19(2) (Nomination and Remuneration Committee composition), which was subsequently waived after the NRC was reconstituted. The standalone business is driven by rental income from investment property; solar power activities are housed in subsidiary Dynavision Green Solutions Limited, which reported a nine-month net loss of about ₹41.71 lakhs on revenue of ₹343.90 lakhs.
Near-term shareholder impact is mixed: Q3 standalone profitability improved sharply year-on-year, but nine-month standalone revenues are contracting and the solar subsidiary is loss-making, raising questions about growth durability. The waived BSE fine and clean auditor review are positives, removing an overhang on compliance.