enclosed outcome of board meeting
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Awaiting price reaction for this filing.
Rishi Laser Limited's Board, at its meeting on 13 February 2026, approved the unaudited financial results for Q3 FY26 (quarter ended 31 December 2025) and the nine-month period. Revenue from operations for Q3 stood at Rs. 3,639.18 lakhs, down about 15% sequentially from Rs. 4,284.01 lakhs in Q2, though broadly flat year-on-year (Rs. 3,605.75 lakhs in Q3 FY25). For the nine months, revenue grew modestly to Rs. 12,064 lakhs from Rs. 11,295 lakhs last year. However, profit after tax for Q3 plunged to just Rs. 5.14 lakhs (Q3 FY25: Rs. 136.09 lakhs; Q2 FY26: Rs. 211.26 lakhs), while 9M PAT fell to Rs. 393.32 lakhs from Rs. 505.40 lakhs. The company booked an exceptional item of Rs. 37.39 lakhs as an incremental provision for the new Labour Codes 2020. The statutory auditor, Shah Mehta & Bakshi, issued an unqualified limited review report.
Sharp sequential and year-on-year drop in Q3 profit despite stable revenue signals margin pressure and could weigh negatively on the stock. The Labour Codes provision adds another layer of near-term cost overhang, though the underlying business is still profitable on a year-to-date basis.