Submission of Unaudited Financial Results of the Company for the quarter ended 31st December, 2025
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Hardcastle & Waud Manufacturing Company reported a strong quarter ended December 2025, with revenue from operations rising to ₹292.92 lakhs from ₹139.08 lakhs in the same quarter last year, more than doubling year-on-year. Nine-month revenue grew to ₹725.42 lakhs from ₹411.60 lakhs, a jump of about 76%. Profit after tax for the quarter surged to ₹141.18 lakhs from ₹61.35 lakhs, while 9-month PAT climbed to ₹288.70 lakhs from ₹120.15 lakhs, pushing EPS for the quarter to ₹20.78 versus ₹9.03. Performance was driven mainly by the Investments segment, with the Leasing and Trading segments also contributing. The auditor (Desai Saksena & Associates) issued an unqualified limited review report, noting no material misstatements.
Sharp top-line and bottom-line growth, especially from the Investments segment, signals strong operating momentum and is positive for shareholders. The clean auditor report and absence of exceptional items or debt signal reinforce confidence in the reported numbers.