Kindly take on your record the unaudited financial results for the quarter and nine months ended December, 2025
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Garware Marine Industries submitted its unaudited financial results for the quarter ended December 31, 2025 (Q3 FY26) and the nine months ended December 31, 2025 (9M FY26), approved by the Board on February 3, 2026. Q3 FY26 revenue from operations stood at Rs. 30.30 lakhs, up from Rs. 26.99 lakhs in Q3 FY25 (~12% YoY growth), with quarterly net profit of Rs. 3.56 lakhs versus Rs. 19.56 lakhs a year earlier. However, on a 9M basis, revenue declined to Rs. 82.25 lakhs from Rs. 96.64 lakhs (~15% YoY decline) and net profit fell to Rs. 32.63 lakhs from Rs. 43.14 lakhs (~24% YoY decline). Total comprehensive income was deeply negative at Rs. (470.43) lakhs for 9M FY26, hurt by mark-to-market losses of Rs. (489.99) lakhs on equity instruments held through OCI. Statutory auditor D. Kothary & Co. issued an unmodified limited review report with no qualifications.
Mixed picture for shareholders: Q3 shows a return to top-line growth, but 9M FY26 continues to trail last year on both revenue and profit, and large OCI mark-to-market losses have dragged total comprehensive income sharply negative. Small absolute numbers (revenue under Rs. 1 crore) suggest this remains a very small-scale company; watch for sustained revenue recovery and stabilisation of OCI losses.