Outcome of Board Meeting and compliance and Regulations 30 and 33 of Sebi (LODR) Regulations 2015
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Spice Islands Industries reported strong Q3 FY26 results with revenue from operations of Rs. 331.69 lakhs, up sharply from Rs. 33.47 lakhs in Q3 FY25, driven mainly by the hospitality segment (Rs. 239.76 lakhs). Total income for the quarter stood at Rs. 379.54 lakhs versus Rs. 41.97 lakhs a year ago. Profit before tax was Rs. 145.52 lakhs compared to a loss of Rs. 20.85 lakhs in the year-ago quarter, with profit for the period at Rs. 145.79 lakhs and EPS of Rs. 2.95. For nine months FY26, revenue from operations jumped to Rs. 698.16 lakhs from Rs. 43.94 lakhs, with PBT at Rs. 256.61 lakhs versus a loss of Rs. 44.41 lakhs earlier. The Board also declared an interim dividend of Rs. 0.50 per share (5%) with record date Feb 27, 2026. Statutory auditors issued an unmodified limited review report.
Sharp turnaround in revenue and profitability, along with a maiden interim dividend, signals improving business momentum for shareholders. The strong hospitality segment performance is the key driver, though investors should watch for sustainability of this growth.