Unaudited Financial Results for the Quarter and Nine Months ended December 31, 2025
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Krishanveer Forge Ltd reported revenue from operations of Rs. 2,033.47 lakhs for Q3 FY26, up about 12% from Rs. 1,815.79 lakhs in Q3 FY25. Profit after tax for the quarter jumped to Rs. 175.89 lakhs from Rs. 121.28 lakhs YoY, a rise of roughly 45%. For the nine months ended December 31, 2025, revenue grew modestly to Rs. 6,495.95 lakhs versus Rs. 6,207.58 lakhs last year, while PAT climbed to Rs. 652.23 lakhs from Rs. 418.87 lakhs, up around 56%. An exceptional charge of Rs. 74.68 lakhs was booked in Q3 on account of the new Labour Codes (gratuity and leave encashment remeasurement). The statutory auditor issued an unmodified limited review opinion.
Strong bottom-line growth driven by margin expansion is positive for shareholders; the exceptional Labour Codes charge is a one-time, regulatory-driven item and does not reflect core operations.