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Awaiting price reaction for this filing.
Mizzen Ventures Limited (formerly Jyothi Infraventures Limited) reported its Q3 FY26 results. Standalone revenue from operations for the quarter stood at Rs. 27.00 lakhs, with total income of Rs. 38.68 lakhs. For the nine months ended December 2025, revenue from operations jumped to Rs. 81.00 lakhs (from nil in 9M FY25), while total income reached Rs. 136.97 lakhs. Standalone profit after tax for the quarter was a marginal loss of Rs. 1.86 lakhs (vs. profit of Rs. 30.73 lakhs in Q2), mainly due to a tax provision of Rs. 23.35 lakhs. On a 9-month basis, the company swung to a standalone profit of Rs. 59.98 lakhs from a loss of Rs. 36.21 lakhs in the prior year period. On a consolidated basis, 9M FY26 PAT was Rs. 65.77 lakhs vs. a loss of Rs. 35.89 lakhs in 9M FY25. The statutory auditor (Bhuwania & Agrawal Associates) issued an unqualified limited review report.
Strong year-on-year turnaround with revenue and profitability both showing major improvement on a 9-month basis is a positive signal for shareholders. However, the Q3 standalone dip into a small loss and the sharp tax provisioning could cause short-term stock price volatility.