Submission of outcome of Board Meeting held on 09.02.2026 approving the unaudited financial results for the quarter and nine months ended 31.12.2025
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Northern Spirits Limited's Board, at its meeting on 9 February 2026, approved unaudited financial results for the quarter and nine months ended 31 December 2025. For Q3 FY26, revenue from operations rose to Rs 59,624.41 lakhs from Rs 55,268.07 lakhs in the year-ago quarter, an increase of about 8%. However, profit after tax (PAT) declined to Rs 718.20 lakhs from Rs 920.68 lakhs in Q3 FY25, a drop of around 22%, as operating expenses grew faster than revenue. For the nine months ended 31 December 2025, revenue grew to Rs 1,69,304.96 lakhs (up from Rs 1,47,611.29 lakhs) and PAT improved to Rs 2,275.24 lakhs (up from Rs 2,041.42 lakhs). The statutory auditor, M/s JKSS & Associates, issued a limited review report with an unmodified (clean) opinion.
Mixed quarter for shareholders - topline growth was healthy but quarterly profits were squeezed by rising costs. On a 9-month basis, both revenue and profits are higher year-on-year, indicating the overall business is still expanding, though margins remain thin.