the unaudited financial results for the quarter ended 31st December 2025 has been duly approved and taken on record by the board of directors in the meeting held today i.e 14th February ....
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Garnet Construction Ltd has submitted its unaudited financial results for Q3 FY26 (quarter ended 31 Dec 2025) and the nine-month period, approved by the Board on 14 Feb 2026. Revenue from operations for the quarter stood at Rs. 1,575.34 lakh versus Rs. 1,628.50 lakh in the previous quarter, while net profit surged to Rs. 1,001.47 lakh (EPS Rs. 7.20) from Rs. 653.18 lakh (EPS Rs. 4.70) sequentially. On a year-to-date basis, revenue jumped to Rs. 7,242.82 lakh from Rs. 1,609.09 lakh in the same nine-month period last year — roughly a 350% increase — and net profit climbed to Rs. 3,475.75 lakh from Rs. 591.65 lakh. The statutory auditors (Shankarlal Jain & Associates LLP) issued an unmodified limited review report with no qualifications. The company noted that, being a real estate business, quarterly results may not be representative of the full-year picture.
Strong operational performance with sharply higher revenue and profits on a YoY basis, driven by delivery of real estate units under the Ind AS 115 revenue recognition model. The clean audit report and zero finance costs in Q3 reinforce a positive short-term outlook, though the lumpy nature of real estate revenues means investors should not assume this run-rate will repeat every quarter.