The unaudited financial results for the Quarter Ended December 2025 along with the Limited Review Report
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Thakkers Developers reported strong Q3 FY26 results. Standalone revenue from operations rose to ₹541.83 lakhs from about ₹330 lakhs in Q3 FY25, a jump of roughly 64% year-on-year. Standalone profit after tax more than doubled to ₹148.08 lakhs from ₹51.61 lakhs in the same quarter last year. On a consolidated basis, Q3 revenue surged to ₹1,439.39 lakhs from ₹705.44 lakhs YoY, while consolidated PAT jumped sharply to ₹504.53 lakhs from just ₹12.56 lakhs. For the nine months ended December 2025, consolidated PAT stood at ₹718.03 lakhs versus ₹268.60 lakhs in the prior-year period, boosted by five wholly-owned subsidiaries. Auditors Karwa Malani Kalantri and Associates issued an unmodified (clean) limited review report on both sets of results.
Sharp triple-digit profit growth and a clean auditor opinion should be viewed positively by shareholders. The dramatic PAT jump is largely driven by subsidiary contributions, so investors should watch whether this level of profitability is sustainable in coming quarters.