Outcome of Board Meeting for Approval of Unaudited Financial Results for the Quarter and Nine Months ended December 31, 2025
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The Board of Rungta Irrigation approved the unaudited financial results for the third quarter and nine months ended December 31, 2025, reviewed by statutory auditors Mamraj & Co. with a clean limited review report. Total revenue for Q3 FY26 stood at Rs 4,788.77 lakhs versus Rs 7,029.77 lakhs in Q3 FY25, a sharp drop of around 32% year-on-year. For the nine months, total revenue fell to Rs 12,945.09 lakhs from Rs 15,665.98 lakhs, a decline of roughly 17%. Profit after tax for Q3 was Rs 135.30 lakhs (vs Rs 215.26 lakhs last year) and for nine months stood at Rs 315.59 lakhs versus Rs 561.10 lakhs, down about 44%. Basic EPS for nine months was Rs 1.58 against Rs 2.82 in the corresponding prior period.
The steep drop in both quarterly and year-to-date revenue and profit is negative for the stock and signals business weakness in the irrigation segment; shareholders should expect weak sentiment unless management clarifies the reasons for the slowdown.