The Un-audited Financial Result
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 5.2 pts more than Nifty Microcap 250 and 5.1 pts more than its Civil Construction peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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The board approved un-audited financial results for Q3 FY26 (quarter ended December 31, 2025) and the nine months ended December 31, 2025. Revenue from operations for the quarter stood at approximately ₹1,984 lakhs, up sharply from about ₹1,078 lakhs in the same quarter last year (around 84% year-on-year growth). Nine-month revenue was around ₹3,173 lakhs versus ₹1,734 lakhs in the prior-year period (about 83% growth). The company swung back to a net profit of about ₹59 lakhs in Q3 from a loss of around ₹18 lakhs a year earlier, while nine-month net profit jumped to roughly ₹201 lakhs from about ₹6 lakhs. The statutory auditor (M.K. Kothari & Associates) issued an unqualified limited review report with no qualifications. Separately, CFO Pooja Agarwal resigned citing personal reasons, and Whole-time Director Pawan Kumar Jhunjhunwala was appointed as the new CFO. The registered office was also shifted within Kolkata.
The sharp revenue growth and return to quarterly profitability are positive signals for shareholders. However, the departure of the CFO for personal reasons and the appointment of a Whole-time Director as CFO—combining two key roles in one person—may raise minor governance concerns.