Please find enclosed herewith the unaudited financial results along with Limited Review Report for the quarter ended 31/12/2025
Awaiting price reaction for this filing.
The Board approved unaudited standalone financial results for Q3 FY26 (quarter ended Dec 31, 2025) and the nine-month period. For the quarter, revenue from operations stood at Rs. 38.19 lakhs (vs nil in Q3 FY25) with total income of Rs. 49.30 lakhs and profit after tax of Rs. 39.79 lakhs (vs Rs. 9.25 lakhs YoY). For nine months FY26, revenue from operations jumped to Rs. 103.21 lakhs from nil, while total income rose to Rs. 128.31 lakhs and PAT surged to Rs. 76.02 lakhs from Rs. 9.46 lakhs. The statutory auditor (Sorab S. Engineer & Co.) issued the results with an observation regarding non-provision of interest on interest-free long-term borrowings as required by Ind AS 109. EPS for Q3 stood at Rs. 0.33 (vs Rs. 0.08 in Q3 FY25).
Strong YoY earnings growth driven by a low base (revenue was nil in the prior-year period), but core operations remain small-scale. The auditor's qualification on Ind AS 109 interest provisioning is a recurring accounting red flag that investors should monitor for its potential effect on reported earnings and balance sheet quality.