Outcome of the Meeting held on 12.02.2026
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
NCC Bluewater Products Ltd submitted its unaudited financial results for the quarter ended 31 December 2025 (Q3 FY26) and the nine-month period ended on the same date, along with a limited review report from statutory auditor K.P. Rao & Co. The Board approved these results at its meeting held on 12 February 2026 in Hyderabad. The auditor issued a clean (unqualified) limited review report, indicating no material misstatements or concerns. Revenue from operations for Q3 FY26 stood at approximately Rs. 16.93 lakhs, broadly flat compared to Rs. 16.78 lakhs in Q3 FY25; nine-month revenue was around Rs. 51.89 lakhs versus Rs. 48.59 lakhs in the prior-year period, indicating modest single-digit growth. The results include an exceptional item of Rs. 299.67 lakhs relating to profit on sale of land during the quarter and nine months ended 31 December 2025.
The clean auditor opinion removes any immediate red flags on financial reporting quality. However, core revenue growth remains muted, and the headline profit boost is largely driven by a one-time land sale, which is not sustainable. Shareholders should treat the exceptional gain carefully and look at underlying operating performance before drawing conclusions.