PIXTRANSNSEPix Transmissions LimitedMediumNeutral
Announced Fri, 13 Feb · 18:09 IST

Pix Transmissions Limited has informed the Exchange regarding Outcome of Board Meeting held on February 13, 2026.

Management Changes View source PDF

PIXTRANS · price

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Pix Transmissions' board met on February 13, 2026 and approved unaudited standalone and consolidated results for Q3 and nine months ended December 31, 2025. Standalone Q3 revenue from operations rose modestly to Rs 13,858 lakhs (vs Rs 13,463 lakhs a year ago), while standalone profit after tax jumped about 40% YoY to Rs 3,163 lakhs, lifting EPS to Rs 23.22. However, on a nine-month basis, standalone revenue declined roughly 7.6% to Rs 37,504 lakhs and PAT fell about 12.7% to Rs 7,509 lakhs. Consolidated Q3 was stronger, with revenue of Rs 15,122 lakhs and PAT of Rs 3,526 lakhs. Results include a one-time Rs 196.24 lakhs hit to employee expenses from the new Labour Codes effective November 21, 2025. The board also re-appointed Mr. Rishipal Sethi as Joint Managing Director for 3 years from April 1, 2026, and Ms. Shirley Paul as Whole Time Director for 3 years from July 10, 2026, both subject to shareholder approval.

Likely market impact

Q3 profitability looks healthy on a YoY basis despite a weak nine-month performance, and the re-appointments signal continuity in leadership at Pix Transmissions. Shareholders should watch for the shareholder approval step and keep an eye on whether nine-month revenue softness reverses in Q4.