At the Meeting of Board of Directors held today i.e. 13/02/2026, the following business items were transacted: 1. Considered and approved the Un-audited Financial Results and segement ....
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The Board approved unaudited results for Q3 FY26 and the nine months ended December 2025. Revenue from operations jumped 35% year-on-year to Rs. 3,793 lakhs in Q3, while nine-month revenue rose 37% to Rs. 11,405 lakhs. EBITDA surged 53% in Q3 and 56% over nine months, with margins expanding by 14% versus the prior year period. Despite strong operating performance, the company reported a Q3 net loss of Rs. 54 lakhs due to a high deferred tax charge of Rs. 122 lakhs, although nine-month profit after tax swung to a positive Rs. 323 lakhs from a loss of Rs. 176 lakhs last year. The Cements segment remains the main growth driver, with Solar Energy and Petrol/Diesel also contributing.
Strong top-line and margin expansion signal improving business momentum, but the auditor flagged a qualified conclusion due to a pending Rs. 642 lakhs GST matter (plus Rs. 218 lakhs in interest/penalties) under DGGI investigation, which remains a key overhang for shareholders.