Outcome of Board Meeting held on 13.02.2026
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Board approved standalone unaudited results for Q3 FY26 (Dec 31, 2025). Q3 revenue from operations stood at ₹333.85 lakhs versus ₹352.91 lakhs in Q3 FY25, a mild decline of about 5%. Q3 profit after tax fell sharply to ₹41.79 lakhs from ₹476.03 lakhs, mainly because the year-ago quarter had a large one-time other income of ₹550.71 lakhs that did not repeat. For the nine months ended Dec 31, 2025, revenue from operations more than doubled to ₹957.01 lakhs from ₹451.01 lakhs in the same period last year, a growth of roughly 112%. Nine-month PAT was ₹115.18 lakhs compared with ₹495.99 lakhs. Statutory auditors Rajendra J. Shah & Co. issued an unqualified limited review report, only noting that the cash flow statement was not part of the review. The Board also appointed Ms. Vidhi Krupal Shah as the new Company Secretary and Compliance Officer effective Feb 13, 2026.
The strong 112% jump in nine-month revenue signals a clear pickup in the core drip irrigation business, which is a positive for long-term growth. However, the sharp drop in PAT will look unattractive on screen because the comparison is distorted by last year's one-time other income, so expect a muted or negative near-term stock reaction.