Financial Results for the quarter and nine months ended December 31, 2025
HALDYNGL · price
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Haldyn Glass Limited reported strong revenue growth for Q3 FY26, with standalone revenue from operations rising sharply year-on-year. Standalone profit after tax for Q3 stood at Rs. 460.91 lakhs versus Rs. 331.31 lakhs in Q3 last year. For the nine months ended December 31, 2025, standalone PAT grew to Rs. 1,306.38 lakhs from Rs. 980.75 lakhs in the same period last year, a rise of roughly 33%. The company booked a one-time exceptional expense of Rs. 183.12 lakhs tied to India's new Labour Codes, covering past service cost for gratuity and leave benefits. Consolidated nine-month PAT, including subsidiary Haldyn Glass USA Inc. and joint venture Haldyn Heinz Fine Glass, rose to around Rs. 1,766 lakhs. The statutory auditor M/s. KNAV & Co. LLP issued an unqualified limited review report on both standalone and consolidated results.
Shares are likely to react positively given the strong top-line and PAT growth, though the exceptional charge of Rs. 183 lakhs from the Labour Codes transition will dent Q3 headline profit. Investors should watch for further clarifications from the government that could trigger additional accounting impacts.