Outcome of Board Meeting held today i.e., February 14, 2026
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
The board approved standalone unaudited financial results for the quarter ended December 31, 2025. Revenue from operations jumped to Rs 6,412.66 lakhs in Q3 FY26 from Rs 923.79 lakhs in Q3 FY25, while nine-month revenue surged to Rs 8,629.97 lakhs from Rs 1,818.82 lakhs — roughly a 4.7x increase year-on-year. Net profit for Q3 FY26 came in at Rs 1,835.20 lakhs (EPS Rs 0.33) versus a loss of Rs 70.17 lakhs in Q3 FY25, with nine-month net profit at Rs 2,572.57 lakhs compared to a loss of Rs 95.06 lakhs last year. However, the quarter also booked Rs 2,744.33 lakhs in bad debts, which dragged down margins despite the strong top-line. The auditor flagged an Emphasis of Matter noting pending balance confirmations from customers/vendors/loan counterparties and a change in accounting policy — certain financial assets were reclassified from investments to stock-in-trade effective November 18, 2025.
The sharp swing to profitability and multi-fold revenue growth is positive, but the heavy bad-debt write-off and the accounting policy reclassification warrant caution. Shareholders should watch for clarity on the sustainability of the trading-based revenue model and quality of receivables in coming quarters.