Results - Financial Results for December 31, 2025
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 1.8 pts less than Nifty Microcap 250 and in line with its Trading & Distributors peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Parshva Enterprises reported consolidated revenue from operations of Rs. 591.45 lakhs for Q3 FY26, down about 3.9% from Rs. 615.75 lakhs in Q3 FY25. For nine months FY26, revenue grew marginally to Rs. 1,835.03 lakhs vs Rs. 1,791.06 lakhs in the prior year period. Net profit for the quarter fell sharply to Rs. 4.33 lakhs (consolidated) from Rs. 8.55 lakhs a year ago, impacted by a Rs. 3.21 lakh exceptional item, while nine-month PAT rose modestly to Rs. 18.73 lakhs. The board meeting on January 30, 2026 approved the results, reviewed by statutory auditor Bohara Shah & Co with an unmodified review report. A major corporate event: the company's jewellery business has been demerged into 100% subsidiary Simandhar Impex Limited (BSE scrip 544662), effective October 17, 2025, with shareholders receiving 3 Simandhar shares for every 10 Parshva shares held. The remaining business essentially reflects the residual non-jewellery operations.
Short-term optics are weak due to the Q3 profit drop and post-demerger reduced scale, but existing shareholders now also hold listed shares of Simandhar Impex, providing separate exposure to the demerged jewellery business. Investors should evaluate each entity on a standalone basis going forward.