With reference to our earlier Announcement dated February 07, 2026 regarding Financial Result & Outcome of Board Meeting held on Feb 07, 2026 for Q3 quarterly result, there has been typographical ....
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Awaiting price reaction for this filing.
Gravity India has filed a revised version of its Q3 FY26 (quarter ended 31 December 2025) standalone results to correct a typographical error. Revenue from Operations for the nine months ended 31/12/2025 has been corrected from Rs. 8,025.93 lakhs to Rs. 7,995.06 lakhs, and Other Income from Rs. 10.89 lakhs to Rs. 41.76 lakhs. The company has clarified that Total Revenue and Profit figures remain unchanged. On the actual numbers, Q3 FY26 revenue from operations jumped to Rs. 5,950.97 lakhs (vs Rs. 2,044.09 lakhs in Q2 FY26 and just Rs. 0.16 lakhs in Q3 FY25), with Q3 PAT of Rs. 450.46 lakhs (EPS Rs. 5.00). For the nine months, the company swung from a loss of Rs. 170.90 lakhs to a profit of Rs. 601.97 lakhs (EPS Rs. 6.69), indicating a sharp turnaround in business.
The results signal a dramatic year-on-year revenue and profit recovery, which is positive for the stock. However, the auditor issued a qualified conclusion, flagging non-provision of gratuity (Ind AS 19), non-recognition of lease liabilities (Ind AS 116), non-deposit of TDS, and inability to verify fixed assets – these governance and accounting weaknesses are a concern for investors.