Unaudited Financial Results for the Quarter ended December 31, 2025
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Madala Holdings (formerly SoftSol India) reported revenue from operations of ₹340.20 lakhs for Q3 FY26, up modestly from ₹323.41 lakhs in Q3 FY25 (about 5% YoY). 9M FY26 revenue stood at ₹1,017.93 lakhs vs ₹950.66 lakhs in 9M FY25. Other income was unusually high at ₹278.07 lakhs in the quarter, pushing total income to ₹618.27 lakhs. Profit after tax surged to ₹361.54 lakhs in Q3 (vs ₹170.42 lakhs) and ₹991.64 lakhs for 9M FY26 (vs ₹652.18 lakhs), translating to an EPS of ₹2.45 for the quarter and ₹6.72 for nine months. The statutory auditor (Pavuluri & Co) issued an unmodified limited review conclusion with no qualifications. Notably, prior period figures have been restated following the September 2024 demerger of the IT/ITES business into Covance Softsol Limited, and the company now operates solely as a single 'INFRA Business' segment.
Strong PAT growth is largely driven by a spike in other income (likely investment/dividend income as the company is now a holding entity) rather than core operations, so headline earnings may not reflect sustainable business momentum. Shareholders should note the company has transformed into a post-demerger holding/infra entity with a recently changed name — future earnings will look very different from pre-demerger comparisons.