Outcome for Board meeting held for approval of Standalone and Consolidated Financials for quarter ended 31/12/2025
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Prismx Global Ventures' board approved unaudited Q3 FY26 results with a clean (unmodified) limited review report from auditor Pravin Chandak & Associates. On a standalone basis, net profit rose to Rs. 146.79 lakhs from Rs. 116.23 lakhs in Q3 FY25 (about 26% YoY growth), while 9M FY26 net profit grew to Rs. 392.47 lakhs from Rs. 282.75 lakhs (roughly 39% YoY). However, operational (core) revenue actually fell to Rs. 26.57 lakhs in Q3 FY26 from Rs. 32.68 lakhs a year ago, and the 9-month figure dropped to Rs. 1,079 lakhs from Rs. 1,378 lakhs. Most of the quarter's profit was driven by 'Other Income' of Rs. 207.83 lakhs rather than core business. The Commodity Trading segment reported zero revenue in Q3 and the Finance Business segment swung to a Rs. 46.8 lakh loss. Total Comprehensive Income was negative at Rs. (284.01) lakhs due to a Rs. 430.8 lakh fall in fair value of equity investments held in OCI.
Short-term PAT growth looks positive but is largely propped up by non-operating 'Other Income' while core business segments (trading, finance) are weakening, which may concern investors looking at sustainable earnings. The large negative OCI hit from mark-to-market losses on equity investments also erodes book value and overall comprehensive income, signalling volatility in the company's investment portfolio.