Please find attached herewith the outcome of the Board meeting held today i.e., Tuesday, February 03, 2026 under Regulation 30 of the SEBI LODR Regulations, 2015.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Ultracab (India) Ltd's board, at its meeting on February 3, 2026, approved unaudited standalone financial results for Q3 FY26 (quarter ended Dec 31, 2025) and 9M FY26. Revenue from operations rose about 9% year-on-year to ₹6,240.56 lakhs in Q3 and about 8% to ₹18,020.09 lakhs for the nine-month period. However, profit after tax fell sharply — down roughly 62% YoY to ₹103.72 lakhs in Q3 and about 42% to ₹425.96 lakhs for 9M. Total expenses climbed disproportionately, with raw material costs rising to ₹5,439.78 lakhs in Q3 from ₹4,961.91 lakhs a year ago, squeezing margins. Statutory auditors Bhavin Associates issued an unqualified limited review report with no observations.
The sharp drop in profit despite modest revenue growth signals significant margin pressure and rising input costs, which is likely to be viewed negatively by investors. The debt service coverage ratio also weakened from 3.01 (FY25) to 2.25 in the current quarter, hinting at emerging stress on debt servicing ability.