Announced Thu, 12 Feb · 17:00 IST

The Board of Directors of the Company at its meeting held today i.e. February 12, 2026, which commenced at 04.00 p.m. and concluded at 04.30 p.m. have discussed, considered and approved ....

Revenue DeclineResults View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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AI summary

The board approved the unaudited standalone and consolidated financial results for Q3 FY26 (quarter ended Dec 31, 2025) along with the limited review report from statutory auditor Rakchamps & Co. LLP. Standalone revenue from operations for Q3 FY26 fell sharply to Rs 438.45 lakhs, down about 90% from Rs 4,605.48 lakhs in Q3 FY25. On a 9-month basis, revenue dropped to Rs 14,980.40 lakhs from Rs 22,002.13 lakhs in 9M FY25, a decline of roughly 32%. Despite the steep revenue fall, the company reported a standalone profit after tax of Rs 65.65 lakhs for the quarter (vs Rs 9.03 lakhs YoY) and Rs 566.08 lakhs for 9M FY26 (compared to a small loss of Rs 7.29 lakhs in 9M FY25). Standalone EPS for the quarter stood at Rs 0.06. The business remains concentrated in the bullion segment. The auditor issued a clean limited review with no qualifications.

Likely market impact

The dramatic 90% year-on-year drop in Q3 revenue is a major concern for shareholders and could pressure the stock, even though the company managed to stay profitable. The 32% decline in 9-month revenue suggests the bullion business is losing momentum and investors should watch for whether this is a one-quarter anomaly or a structural slowdown.