Q3 FY26 results: Revenue up 10% YoY standalone, PAT declines
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Indef Manufacturing reported Q3 FY26 standalone revenue of Rs 48.63 cr, up 10% YoY from Rs 44.22 cr. Standalone PAT fell to Rs 6.20 cr from Rs 7.06 cr. EPS stood at Rs 1.94 versus Rs 2.21. An exceptional item of Rs 38.68 lakhs was booked for impact of new Labour Codes. Subsidiary Daedalus Lift and Access was consolidated from August 2025 after 80% acquisition. Auditor Kanu Doshi Associates gave an unqualified limited review.
Revenue growth steady but profits dipped on Labour Code charge. Daedalus acquisition broadens consolidated base from Q2 onwards.