Approval of Un-audited financial results for the quarter ended December 31, 2025
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The board approved unaudited Q3 FY26 results showing net sales of just Rs. 7.96 lakhs, down sharply from Rs. 63.43 lakhs in Q3 FY25 — a drop of about 87% quarter-on-quarter. Nine-month net sales also fell to Rs. 74.45 lakhs from Rs. 152.35 lakhs last year. Despite the weak operating performance, the company reported a standalone profit after tax of Rs. 34.55 lakhs for the quarter (vs a loss of Rs. 10.61 lakhs in Q3 FY25), driven almost entirely by a sharp spike in other income of Rs. 75.21 lakhs (vs Rs. 1.11 lakhs a year ago). On a nine-month basis, the company is still in the red, with a standalone loss of Rs. 32.36 lakhs and a consolidated loss of Rs. 34.10 lakhs. The auditor (Praveen & Madan) issued an unmodified review report on both standalone and consolidated results, with no qualifications.
The headline quarterly profit is misleading — it is propped up entirely by one-time other income, while the core personal care business continues to shrink and remains loss-making. Shareholders should watch whether the other income is a genuine recurring source or a one-off, and monitor sales recovery, as the 9-month loss persists on a consolidated basis.