Submission of Unaudited (Standalone and Consolidated) Finacial results for the quarter ended on 31st December 2025 along with limited review report.
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Awaiting price reaction for this filing.
The company filed its Q3 FY26 results, reporting standalone revenue from operations of Rs 7.04 lakhs, down from Rs 21.89 lakhs in the same quarter last year (a roughly 68% YoY drop). Despite the lower revenue, standalone profit for the quarter came in at Rs 6.40 lakhs, swinging from a loss of Rs 20.66 lakhs in Q3 FY25. For the nine months ended December 2025, the company reported a profit of Rs 5.86 lakhs versus a large loss of Rs 496.32 lakhs in the prior-year period. The consolidated results show a profit of Rs 6.25 lakhs for the quarter, after factoring in share of losses from associate companies. The auditor, VRSK & Associates, issued the limited review report with a reference to an Emphasis of Matter paragraph. Paid-up equity capital stands at Rs 51,888.36 lakhs (about 5.19 crore shares of Rs 10 each).
The headline swing from loss to profit looks encouraging on a YoY basis, but the actual revenue base is very small and shrinking, so this is more of a cost-side improvement than a genuine business turnaround. Investors should dig into the Emphasis of Matter flagged by the auditor and review the long list of associate companies in the consolidated numbers before drawing conclusions.