Unaudited Financial Results for the Quarter and Nine Months ended on 31st December, 2025.
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Awaiting price reaction for this filing.
Patels Airtemp reported Q3 FY26 standalone revenue from operations of ₹5,880.77 lakhs, up sharply from ₹2,204.08 lakhs in Q2 FY26, reflecting the lumpy, project-based nature of its heat exchanger/process equipment business. Profit before tax for Q3 was ₹303.20 lakhs (vs ₹170.01 lakhs in Q2) and net profit was ₹265.75 lakhs, translating to a basic EPS of ₹4.85. For the nine months ended December 2025, revenue from operations stood at ₹16,341.52 lakhs versus ₹28,375.55 lakhs in the corresponding prior period, a marked year-on-year decline. Nine-month PAT was ₹1,205.39 lakhs (vs ₹1,651.01 lakhs). The statutory auditors (Parikh & Majmudar) issued an unmodified limited review report on the results.
Strong sequential rebound in Q3 is a positive signal, but the steep year-on-year drop in nine-month revenue suggests weak order execution or timing issues, which may keep near-term sentiment cautious on the stock. Clean auditor report with no qualifications supports confidence in reported numbers.