Outcome of Board Meeting and compliance of regulation 30 and 33 of SEBI (LODR) Regulations, 2015
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Spice Islands Industries Ltd (formerly Spice Islands Apparels Ltd) announced its unaudited standalone results for Q3 FY26 (quarter ended Dec 31, 2025) on Feb 14, 2026. Revenue from operations jumped sharply to Rs. 331.69 lakhs versus Rs. 33.47 lakhs in the year-ago quarter, driven mainly by the hospitality segment (Rs. 239.76 lakhs) and EV rental business. The company swung to a profit after tax of Rs. 145.79 lakhs (EPS of Rs. 2.95) from a loss of Rs. 21.42 lakhs (negative EPS) in Q3 FY25. For the nine months ended Dec 2025, total income stood at Rs. 827.07 lakhs and PAT at Rs. 257.21 lakhs, with the hospitality and EV rental segments now contributing meaningfully. The Board declared an interim dividend of Rs. 0.50 per share (5% on face value of Rs. 10) with Feb 27, 2026 set as the record date. Statutory auditors issued an unmodified (clean) limited review report.
Strong turnaround story with revenue and profits scaling up significantly YoY, and the first interim dividend signals confidence. Shareholders on record as of Feb 27, 2026 will be eligible for the Rs. 0.50 per share payout; stock may react positively given the sharp earnings jump and clean auditor report.