Publication of Extract of Unaudited Standalone and Consolidated Financial Results for the quarter and nine months ended on 31st December 2025.
Awaiting price reaction for this filing.
GB Global Ltd (formerly Mandhana Industries) has published the extract of its unaudited financial results for the third quarter and nine months ended December 31, 2025, as required under SEBI listing rules. On a standalone basis, total income fell to Rs 4,168.15 lakhs in Q3 FY26 from Rs 8,861.81 lakhs in Q3 FY25, a drop of about 53%. Net profit after tax for Q3 came in at Rs 347.49 lakhs versus Rs 3,709.70 lakhs a year ago, down roughly 91% year-on-year. For the nine-month period, standalone profit after tax dropped to Rs 1,898.86 lakhs from Rs 9,692.54 lakhs last year. Consolidated results show a similar trend, with Q3 profit after tax at Rs 246.35 lakhs versus Rs 3,624.68 lakhs in the year-ago quarter. The results were reviewed by the Audit Committee and approved by the Board on February 13, 2026.
Sharp year-on-year decline in both revenue and profitability is a negative signal for shareholders and could put pressure on the stock price. Investors should watch for management commentary on the reasons behind the steep drop in topline and bottomline.