Pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015, we hereby inform you that the Board have considered and approved the Standalone and consolidated Un- audited Financial Results ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Springform Technology (formerly New Sagar Trading Company) reported consolidated revenue of Rs 5,007.87 lakhs for Q3 FY26, up from Rs 4.80 lakhs in Q3 FY25, with a net profit of Rs 69.05 lakhs versus a loss of Rs 6.75 lakhs a year earlier. For the nine months ended Dec 31, 2025, consolidated net profit stood at Rs 162.92 lakhs compared with a loss of Rs 88.91 lakhs in the same period last year. The standalone business, however, remains in the red with a Q3 loss of Rs 8.63 lakhs and a nine-month loss of Rs 29.52 lakhs. The dramatic improvement at the consolidated level follows the company's acquisition of 100% of Inertia Aluminium Private Limited on July 16, 2025, which is now driving the bulk of the revenue and profits. The auditor issued an unqualified limited review report on both sets of results.
The numbers reflect a near-complete business transformation driven by the Inertia Aluminium acquisition rather than organic growth, so standalone investors essentially hold a loss-making shell with a profitable subsidiary. Shareholders should view the consolidated profitability as early-stage and dependent on the new subsidiary's performance, while monitoring whether the standalone business can eventually contribute.