Please note that in earlier filing of financial results, in subject line, date was erroneously mentioned as 31st December, 2026 instead of 31st December, 2025. There is no change in the ....
GRAUWEIL · price
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Awaiting price reaction for this filing.
Grauer & Weil (India) Limited's Board approved standalone and consolidated unaudited financial results for Q3 FY26 and nine months ended December 31, 2025, along with a correction noting that an earlier filing wrongly stated the date as December 31, 2026 instead of December 31, 2025. On a standalone basis, revenue from operations grew modestly to Rs. 28,793 lakhs in Q3 FY26 from Rs. 27,346 lakhs in Q3 FY25 (~5.3% YoY), while nine-month revenue rose to Rs. 82,469 lakhs from Rs. 78,959 lakhs (~4.4% YoY). Profitability, however, came under pressure: Q3 PAT fell to Rs. 3,366 lakhs from Rs. 4,297 lakhs (~21.7% decline) and nine-month PAT dropped to Rs. 11,627 lakhs from Rs. 13,123 lakhs (~11.4% decline), indicating clear margin compression as expenses grew faster than revenue. The Shoppertainment (mall) segment swung to a Rs. 308 lakh loss in Q3 and Rs. 1,094 lakh loss in 9M FY26, versus profits last year, due to the continued suspension of mall operations by the Maharashtra Pollution Control Board order dated March 5, 2025; the company has filed an SLP in the Supreme Court and has made no provision for related claims. M/s M. M. Nissim & Co. LLP issued a clean (unmodified) Limited Review Report on both standalone and consolidated results.
Mixed signal for shareholders: topline growth is intact, but the sharp fall in profits despite modest revenue growth points to cost pressure and the mall shutdown is a meaningful overhang on earnings. Investors should watch for the Supreme Court outcome on the MPCB order, as a favourable ruling could lift the Shoppertainment segment back to profitability.