Dear Sir/Madam, Pursuant to Regulations 30 and 33 of SEBI (Listing Obligations & Disclosure Requirements) Regulations 2015, read with Schedule III - Part A thereto and Chapter V-A of the ....
PREMCO · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Premco Global reported weak Q3 FY26 results with standalone revenue from operations dropping sharply to Rs. 949.35 lakhs versus Rs. 1,633.27 lakhs in Q3 FY25 (down ~42% YoY). Standalone nine-month revenue fell to Rs. 4,289.90 lakhs from Rs. 4,853.36 lakhs (down ~11.6%). Standalone profit after tax for Q3 was around Rs. 43.21 lakhs, weighed down by exceptional ex-gratia payouts of Rs. 53.67 lakhs tied to the Vapi plant shutdown and Rs. 50.31 lakhs from the earlier Patalganga plant move. On a consolidated basis, nine-month revenue declined to Rs. 7,226.59 lakhs (vs Rs. 8,113.44 lakhs), but consolidated PAT after tax rose modestly to Rs. 703.66 lakhs (vs Rs. 671.63 lakhs) thanks to a strong contribution from the Vietnam subsidiary. The Board also declared a second interim dividend of Rs. 1 per share (10%) for FY25-26.
Mixed near-term signal: standalone business is under pressure with falling revenue and thin PAT, while the Vietnam subsidiary is cushioning consolidated earnings. The plant consolidation should improve operating efficiency over time, and the interim dividend provides some support to shareholders despite the weak headline numbers.