Q3 FY26: revenue up YoY in quarter but down over 9M, auditor qualifies review

Fedders Electric Q3 FY26 revenue from operations rose 66% YoY to about Rs 89 cr, while 9M revenue fell sharply to around Rs 211 cr from Rs 316 cr. 9M PAT rose about 74% to around Rs 68 cr, helped by Rs 26.44 cr of recovered bad debts booked as other income. Q3 PAT dropped to Rs 4 cr from Rs 14 cr. The company is also pursuing delisting from NSE and BSE. Auditor O. Aggarwal & Co issued a qualified review citing issues with fixed assets register, IEPF transfer, scrap inventory, preference share valuation, and the reinstated receivables.