The meeting of the board of directors commenced on Tuesday 20th January, 2026 at 12.30 PM, adjourned and Resumed on 22nd January, 2026 by 02.00 pm and concluded by 04.00 PM with the following ....
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The board of Machhar Industries met on 20 January 2026, was adjourned, and concluded on 22 January 2026, approving the unaudited Q3 FY26 financial results (both standalone and consolidated). For the quarter ended 31 December 2025, standalone revenue from operations rose about 21% year-on-year to ₹406.78 lakhs (vs ₹335.53 lakhs), while the company swung back to a net profit of ₹28.95 lakhs compared to a loss of ₹7.91 lakhs in the same quarter last year. Profit before tax stood at ₹33.26 lakhs versus a loss of ₹22.87 lakhs YoY, with EPS of ₹3.91. For the nine months ended December 2025, net profit jumped to ₹42.50 lakhs from ₹7.54 lakhs, though revenue dipped to ₹1,113.39 lakhs from ₹1,166.68 lakhs. Segment-wise, the Explosives division turned profitable at ₹6.27 lakhs (versus a ₹43.45 lakh loss YoY), Transportation earned ₹23.39 lakhs, and Adblue contributed ₹3.51 lakhs. The statutory auditor issued an unmodified limited review opinion on both sets of results.
This is a clear profitability turnaround for Machhar Industries, with Q3 swinging from a loss to a healthy profit driven mainly by the Explosives and Transportation divisions — a positive signal for shareholders, though the nine-month revenue decline suggests the underlying business is still uneven.