Pursuant to Regulation 30 and 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, that a meeting of the Board of Directors of the Company was held today ....
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Palm Jewels Ltd's board, at its meeting on February 13, 2026, approved the unaudited standalone financial results for Q3 FY26 and the nine months ended December 31, 2025. Revenue from operations for Q3 stood at ₹5,820.03 lakhs, down from ₹7,007.24 lakhs in the same quarter last year, a decline of about 17%. For the nine-month period, revenue was ₹13,604.70 lakhs versus ₹15,215.43 lakhs last year, a decline of roughly 10.6%. Despite the top-line contraction, net profit after tax for Q3 jumped to ₹40.33 lakhs from ₹9.34 lakhs (over 4x growth), and for nine months it rose to ₹84.28 lakhs from ₹46.89 lakhs, a growth of about 80%. The statutory auditor, Bharat H. Shah & Co., issued an unmodified (clean) limited review report on the results.
The results show a significant improvement in profitability on a lower revenue base, indicating better margins and cost management, which is positive for shareholders. However, the continued decline in revenue raises questions about demand or business growth, which investors should monitor closely.