Result for the Period ended on 31/12/2025 alongwith Limited Review Report
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Revenue from operations fell to Rs 7,467 lakhs in Q3 FY26 from Rs 11,050 lakhs in Q3 FY25, a year-on-year drop of roughly 32%. On a nine-month basis, revenue collapsed to Rs 25,088 lakhs from Rs 74,968 lakhs last year, an unusually steep ~66% decline. The consolidated bottom line swung from a Rs 485 lakh profit in 9M FY25 to a Rs 5.86 lakh loss in 9M FY26, while the standalone nine-month profit shrank from Rs 506 lakhs to just Rs 2.22 lakhs. The company (formerly known as Emergent Global Edu and Services Limited) stated its earlier results were re-filed after a technical issue with the UDIN on the ICAI portal was resolved. The auditor, OP Bagla & Co LLP, issued a clean limited review, noting that the subsidiary Indo Education Pvt Ltd's figures were included on the basis of management-approved, unreviewed numbers.
Very weak set of numbers with revenue and profit both contracting sharply quarter-on-quarter and year-on-year, which is likely to pressure the stock. Investors should look for management commentary explaining the steep revenue fall (possibly linked to the business pivot away from education services) and updates on recovery of the inter-corporate deposit that has defaulted.