Pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015, we hereby inform that the Board of Directors in their meeting today have considered and approved the Un- audited Standalone and ....
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The Board of Springform Technology, at its meeting on February 14, 2026, approved the unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2025. On a consolidated basis, revenue from operations jumped to ₹5,007.87 lakhs in Q3 FY26 from just ₹4.80 lakhs in Q3 FY25, with a net profit of ₹69.05 lakhs versus a loss of ₹6.75 lakhs a year earlier. For the nine months of FY26, consolidated revenue reached ₹9,398.79 lakhs (against ₹13.80 lakhs in 9M FY25) and net profit was ₹162.92 lakhs, compared with a loss of ₹88.91 lakhs earlier — a clear turnaround. The big shift is driven by the company's acquisition of 100% of Inertia Aluminium Private Limited on July 16, 2025, which now contributes almost all of the operating revenue and profits. On a standalone basis, Springform continues to post losses (₹8.63 lakhs in Q3, ₹29.52 lakhs for 9M FY26) as the parent itself functions mainly as a holding entity with negligible operations.
The Inertia Aluminium acquisition has completely transformed the company's top line and bottom line, which should be viewed positively by the market. However, since standalone numbers remain in the red, the stock's fortunes are now almost entirely tied to the subsidiary's performance, raising concentration risk.