Standalone and Consolidated Unaudited Financial Results for Q1FY26

Makers Laboratories Ltd reported Q1FY26 results with standalone revenue growing ~11.7% year-on-year to Rs. 1,372.68 Lacs, but the standalone business slipped into a wider loss of Rs. 121.89 Lacs versus a loss of Rs. 27.20 Lacs in Q1FY25. On a consolidated basis, revenue declined about 15.5% YoY to Rs. 2,959.17 Lacs, but consolidated profit after tax swung sharply to Rs. 1,090.75 Lacs from a loss of Rs. 341.68 Lacs a year earlier. The consolidated turnaround was largely helped by the subsidiary Resonance Specialties Ltd (45.48% holding), which contributed Rs. 163.16 Lacs in net profit on revenues of Rs. 2,150.13 Lacs. The company has two reportable segments — Pharmaceuticals and Chemical Manufacturing — on a consolidated basis. The statutory auditor N V C & Associates LLP (formerly Natvarlal Vepari & Co, converted into LLP in March 2025) issued a clean, unqualified limited review report with no qualifications or emphasis of matter.