Outcome of Board Meeting for consideration and approval of the Unaudited Financial Results of the Company together with Limited Review Report for the quarter ended on December 31, 2025.
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Olympia Industries' Board, at its meeting on February 10, 2026, approved the unaudited financial results for the quarter and nine months ended December 31, 2025, along with the Limited Review Report. Revenue from operations in Q3 FY26 nearly doubled year-on-year to about Rs. 70.7 crores, up from roughly Rs. 35.2 crores in Q3 FY25, driven by strategic pricing support from vendors that cut the cost of goods sold. On a nine-month basis, revenue grew around 11% YoY to about Rs. 242 crores. However, profit before tax for the nine months fell sharply to about Rs. 1.75 crores from roughly Rs. 3.34 crores in the same period last year, as the company also reimbursed discounts extended by B2B customers to end consumers, pushing up other expenses. The statutory auditor, R.A. Kuvadia & Co., issued an unqualified limited review report with no qualifications or emphasis-of-matter paragraphs.
Strong Q3 revenue growth is a clear positive for top-line momentum, but the 9-month profit compression signals margin pressure that investors should monitor. A clean auditor report provides comfort on the reliability of the numbers.