Q3 FY26 results: revenue dip, exceptional labour code charge
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Q3 FY26 standalone revenue from operations at Rs 93,950.50 lakhs versus Rs 96,756.48 lakhs YoY. Standalone PAT Rs 1,311.69 lakhs. 9M standalone PAT Rs 3,499.76 lakhs. Consolidated 9M revenue Rs 3,02,130.19 lakhs, PAT from continuing ops Rs 1,585.86 lakhs. Exceptional charge of Rs 940.83 lakhs (standalone) and Rs 1,043.33 lakhs (consolidated) for new Labour Codes impact. Comparatives for Dec 2024 restated due to WIP inventory discrepancies. Joint auditors flagged emphasis of matter.
Revenue softer on standalone basis; labour code one-time charge hit profits. Restatement overhang from prior WIP issue persists, though no fraud found.