We are enclosing Unaudited results for quarter and nine month ended on 31.12.2025
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Gagan Gases Ltd reported Q3 FY26 revenue of Rs 170.95 lacs, down about 8% from Rs 186.27 lacs in the same quarter last year. Nine-month revenue fell to Rs 421.51 lacs from Rs 463.25 lacs, a decline of roughly 9%. Profit after tax for the quarter came in at Rs 8.07 lacs versus Rs 9.03 lacs in Q3 of the previous year. For the nine months, PAT dropped sharply to Rs 0.62 lacs from Rs 15.44 lacs. The previous quarter (Q2 FY26) had briefly slipped into a small loss of Rs 0.60 lacs before this quarter returned to a profit. The auditor (Dilip K Neema & Associates) issued an unmodified limited review report with no qualifications. Figures for prior periods have been restated/regrouped for comparability as per note 1.
Persistent revenue decline and a sharp drop in nine-month profits signal weakness in business momentum, which is negative for shareholders. The thin profit base and recent quarterly volatility suggest the stock may remain under pressure until revenue stabilises.