KEYFINSERVNSEKeynote Financial Services LimitedHighNeutral
Announced Thu, 12 Feb · 16:08 IST

Unaudited Financial Results for the quarter ended 31st December 2025

Exceptional ItemRevenue DeclineResults View source PDF

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AI summary

Keynote Financial Services reported its Q3FY26 and 9MFY26 results, reviewed by statutory auditor SM SR & Co LLP with an unmodified (clean) opinion. On a standalone basis, total income for 9MFY26 was largely flat at Rs 1,008.24 lakhs versus Rs 1,004.15 lakhs last year, while profit after tax declined to Rs 264.44 lakhs from Rs 299.14 lakhs, and revenue from operations fell about 11% to Rs 827.19 lakhs. Standalone Q3FY26 showed a turnaround with PAT of Rs 16.17 lakhs compared to a loss of Rs 80.32 lakhs in Q3FY25. On a consolidated basis, 9MFY26 total income declined around 7% to Rs 2,940.78 lakhs and PAT (after share of associate) fell sharply by about 27.5% to Rs 1,613.89 lakhs from Rs 2,225.04 lakhs. The company also booked an exceptional item of Rs 35.44 lakhs (standalone) and Rs 79.10 lakhs (consolidated) reflecting the incremental impact of the new Labour Codes implemented from November 21, 2025.

Likely market impact

Shareholders should note that while the Q3 standalone result turned profitable on a year-on-year basis, the nine-month consolidated performance shows a clear decline in both revenue and earnings. The exceptional Labour Code charge is a one-time, non-recurring item and does not reflect core operating weakness, but the underlying drop in consolidated profitability may weigh on near-term sentiment.