NATIONSTDBSENational Standard (India) LtdHighNeutral
Announced Mon, 19 Jan · 18:59 IST

Outcome of Board Meeting held on Monday, January 19, 2026

Revenue DeclinePat Growth 25pctResults View source PDF

NATIONSTD · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

The Board of National Standard (India) Limited approved the unaudited financial results for the quarter and nine months ended December 31, 2025, with a limited review (clean/unmodified opinion) by auditor MSKA & Associates LLP. Q3 FY26 revenue from operations fell sharply to Rs. 316.63 lakhs versus Rs. 1,569.45 lakhs in Q3 FY25, while total income dropped to Rs. 753.67 lakhs from Rs. 1,984.29 lakhs. Despite weak top-line, Q3 profit after tax rose to Rs. 325.24 lakhs (vs. Rs. 215.35 lakhs in Q3 FY25), aided by lower project costs and strong other income of Rs. 437.04 lakhs. For the nine-month period, PAT slipped to Rs. 849.58 lakhs from Rs. 960.05 lakhs, while EPS for Q3 stood at Rs. 1.63 (Rs. 4.25 for 9M). The company also noted that the BSE-approved merger scheme with Lodha Developers Limited (formerly Macrotech Developers) is now being filed with NCLT Mumbai.

Likely market impact

Short-term investors should note the sharp quarter-on-quarter revenue dip, though Q3 profitability improved thanks to other income. The Lodha Developers merger remains the key catalyst to watch — successful NCLT approval could unlock long-term value for shareholders of this small Lodha group entity.