Board Meeting Outcome
SHINDL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
The Board of Sharat Industries approved its unaudited financial results for Q3 FY26 (quarter ended 31 Dec 2025) and 9M FY26. Revenue from operations jumped to ₹14,254 lakhs in Q3, up ~48% from ₹9,644 lakhs in Q3 last year. For nine months, revenue grew ~42% to ₹40,747 lakhs versus ₹28,663 lakhs in the prior year period. Profit after tax rose to ₹474 lakhs in Q3 (vs ₹264 lakhs, up ~79% YoY) and ₹1,585 lakhs for 9M FY26 (vs ₹942 lakhs, up ~68% YoY). Basic EPS stood at ₹1.21 for Q3 and ₹4.04 for 9M FY26. The statutory auditor, A.R. Krishnan & Associates, issued a clean limited review report with no qualifications. Consolidated results include an associate, United Aquatech Private Limited, which reported nil revenue and a small loss for the quarter.
Strong double-digit growth in both revenue and profit reflects healthy demand momentum in the aqua culture business, likely positive for the stock. The clean auditor report and absence of any negative flags reinforce confidence, though the QoQ revenue dip from Q2 (~5%) is a minor watch-point.