the unaudited financial results for the quarter ended 31st December 2025 were duly approved and taken on record by the board of directors of the company in the meeting held today i,e 14th ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Garnet Construction's board, meeting on 14 February 2026, approved the unaudited financial results for Q3 FY26 (quarter ended 31 Dec 2025) and the nine-month period. Revenue from operations for Q3 stood at Rs 1,575.34 lakh versus Rs 87.07 lakh in Q3 of the previous year, with net profit of Rs 1,001.47 lakh compared to a loss of Rs 45.73 lakh a year earlier. For the nine months ended 31 Dec 2025, revenue jumped to Rs 7,242.82 lakh from Rs 1,609.09 lakh, and net profit surged to Rs 3,475.75 lakh from Rs 740.59 lakh. EPS for the nine months was Rs 25.00 versus Rs 5.31 in the prior period. Statutory auditor Shankarlal Jain & Associates LLP issued an unqualified limited review report with no modifications.
Strong year-on-year revenue and profit growth reflects robust execution and likely delivery of real estate units under the company's Ind AS 115 revenue recognition policy. Positive for shareholders, though the company itself cautions that quarterly results are not representative due to the lumpy nature of real estate earnings.