Modison Q3 PAT triples to Rs 20 cr on silver hedging gains
MODISONLTD · price
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Modison reported Q3 FY26 standalone revenue of Rs 143.71 cr, up 18.6% YoY from Rs 121.21 cr. Q3 PAT surged to Rs 20.06 cr from Rs 5.81 cr, boosted by an Rs 11.70 cr exceptional gain from silver hedging and forward contract mark-to-market. Excluding exceptional items, profit still grew 95% YoY to Rs 15.35 cr. For 9M FY26, revenue rose 17.5% to Rs 423 cr and PAT jumped 141% to Rs 36.52 cr. Board also appointed V. Singhi and Associates as internal auditors for FY27.
Strong operational growth with silver hedging lifting bottom line. Watch silver price volatility as one-off hedging profits may not repeat.