Announced Wed, 11 Feb · 19:07 IST

Unaudited Financial Results (Standalone and Consolidated) for the Quarter and Nine Months ended December 31, 2025.

Revenue Growth 20pctPat NegativeResults View source PDF

Price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

The Board of Directors approved unaudited financial results for Q3 and 9M FY26 ended December 31, 2025. On a consolidated basis, revenue from operations jumped to Rs 3,874.71 lakhs in Q3 FY26 from just Rs 5.58 lakhs in Q3 FY25, with consolidated profit after tax at Rs 87.74 lakhs (vs Rs 114.40 lakhs a year ago). For the nine months, consolidated revenue was Rs 4,030.27 lakhs but the group slipped into a loss of Rs 145.09 lakhs against a profit of Rs 114.40 lakhs in 9M FY25. Standalone (parent) numbers remain weak, with a Q3 loss of Rs 88.68 lakhs and 9M loss of Rs 123.17 lakhs versus a small profit last year. The auditor (Kailash Chand Jain & Co.) issued an unmodified limited review opinion on both sets of results. Note 6 flags that the figures are not comparable with the prior period because all subsidiaries (Nibe Maritime, Global Munition, Globe Forge, Global Explosives and JV Global Premier) are now consolidated.

Likely market impact

The headline revenue surge reflects the first-time full consolidation of subsidiaries rather than organic growth, and shareholders should weigh this when comparing periods. Profitability has weakened year-on-year at both standalone and 9M consolidated levels, indicating the parent business is still loss-making while the group's bottom line remains under pressure despite the bigger revenue base.