Results and Limited review report enclosed herewith
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iStreet Network reported a sharp turnaround in Q3 FY26 (quarter ended Dec 31, 2025) with Profit After Tax of Rs. 120.19 lacs, up from Rs. 89.90 lacs in Q2 FY26 and versus a loss of Rs. 3.17 lacs in Q3 FY25. For the nine-month period, the company swung to a PAT of Rs. 456.92 lacs from a loss of Rs. 10.18 lacs in the same period last year. Revenue from operations for the quarter stood at Rs. 2,465.91 lacs. The statutory auditors (S M M P & Company) issued a clean limited review report with no qualifications. Notable corporate actions include allotment of over 4.5 crore equity shares and warrants (awaiting BSE approval), a share consolidation from Rs. 4 face value to Rs. 10 face value (5 shares becoming 2), and reclassification of promoter Mr. Pradeep Malu to the 'Public' category.
The strong YoY turnaround from loss to profit is a positive signal for shareholders, though the small absolute profit size and significant share dilution (warrants and fresh equity) may weigh on per-share value. Investors should watch for BSE approval of pending allotments and monitor whether profitability sustains in Q4.