Outcome Of Board Meeting Held Today I.E. On Tuesday, 10Th February, 2026.
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The Board approved Q3 FY26 results. On a standalone basis, revenue from operations for the nine months stood at Rs. 494.07 lakhs, up about 42% from Rs. 347.52 lakhs in the same period last year, while standalone net profit surged to Rs. 194.92 lakhs (9M FY26) from Rs. 48.07 lakhs (9M FY25), a jump of over 300%. Standalone EPS for 9M FY26 rose to Rs. 0.14 from Rs. 0.04. On a consolidated basis, revenue from operations for 9M FY26 grew roughly 15% YoY to Rs. 12,881.19 lakhs (vs Rs. 11,197.01 lakhs), but consolidated net profit was largely flat at Rs. 709.19 lakhs vs Rs. 706.53 lakhs, with Q3 consolidated PAT actually dipping to Rs. 197.51 lakhs from Rs. 280.01 lakhs. The auditor (Shah Mehta & Bakshi) issued an unmodified Limited Review report on both standalone and consolidated results.
Strong standalone showing reflects improving profitability of the parent lubricant business, but muted consolidated growth and a dip in Q3 consolidated profit suggest pressure at the subsidiary level — investors should watch whether the lubricants subsidiaries can drive growth in the next quarter.