ENCLOSED HEREWITH BOARD MEETING OUTCOME DATED 05/02/2026
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Groarc Industries India's board met on February 5, 2026 and approved unaudited standalone financial results for the quarter and nine months ended December 31, 2025, along with a clean limited review report from auditor Venkat and Rangaa LLP. Revenue from operations for Q3 FY26 stood at just Rs 80.53 lakhs, sharply down from Rs 2,253.99 lakhs in Q2 FY26 and Rs 195 lakhs in Q3 FY25. Nine-month revenue declined about 30% YoY to Rs 2,413 lakhs from Rs 3,446 lakhs. The company slipped into a loss before tax of Rs 18.97 lakhs for the nine months (vs a profit of Rs 112.62 lakhs last year), though Q3 standalone showed a small profit of Rs 81.65 lakhs. Basic EPS stood at Rs 0.40 for the quarter but negative Rs 0.09 for the nine months.
Negative for shareholders – the sharp sequential revenue collapse in Q3 and a swing to a year-to-date loss signal weak operating performance, though the Q3 profit and clean auditor review offer some reassurance. Investors should watch whether Q4 revenue recovers to the run-rate seen in Q2.