Announced Fri, 13 Feb · 21:03 IST

We hereby inform you that the Board of Directors of the Company at their Meeting held today i.e. Friday, February 13, 2026, has inter alia considered and approved the Un-Audited Standalone ....

Qualified OpinionEmphasis Of MatterRevenue DeclinePat NegativeExceptional ItemResults View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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AI summary

The board approved Q3FY26 results on Feb 13, 2026. On a standalone basis, Q3 PAT jumped to ₹370.07 lakhs (vs ₹195.35 lakhs YoY) on revenue of ₹1,505.57 lakhs, with EPS of ₹2.98. However, the 9-month picture is sharply negative: standalone PAT swung to a loss of ₹(168.93) lakhs versus a profit of ₹592.07 lakhs in 9MFY25, with revenue plunging from ₹5,133.64 lakhs to ₹2,199.17 lakhs. Consolidated 9M figures show a loss of ₹(155.50) lakhs. The auditor flagged a massive sales reversal of ₹1,377.20 lakhs booked in Q2FY26 (relating to prior-year revenue), stock being valued on management's technical estimate rather than IND AS 2 norms, and pending confirmations from long-standing debtors and land advances. Subsidiary Taylormade Enviro added ₹971.33 lakhs in Q3 revenue.

Likely market impact

Despite the headline Q3 profit growth, the 9-month loss, ₹1,377 lakh prior-period revenue reversal, and multiple auditor qualifications on inventory valuation and receivable confirmations signal serious earnings-quality and governance concerns that are likely to weigh on investor sentiment and the stock.