Announced Thu, 12 Feb · 18:40 IST

Pursuant to Regulation 33 and Regulation 30 read with Para A of Part A of Schedule III of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, ....

Revenue DeclineResults View source PDF

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AI summary

The board approved unaudited financial results for the quarter and nine months ended December 31, 2025. Revenue from operations for Q3 FY26 stood at Rs. 44.15 lakhs, sharply lower than Rs. 101.70 lakhs in Q3 FY25. For the nine-month period, revenue from operations fell to Rs. 182.37 lakhs versus Rs. 268.68 lakhs in the same period last year, a decline of roughly 32%. Net profit for the nine months was Rs. 72.25 lakhs compared to Rs. 173.66 lakhs in 9M FY25 (the prior-year base was affected by one-time intangible asset purchase and reversal entries, so the drop partly reflects normalisation rather than pure business deterioration). EPS for the quarter was Rs. 0.00. Separately, Dr. Rommel Rodrigues, a veteran journalist and author, was appointed as Additional Non-Executive Independent Director for a five-year term starting February 12, 2026.

Likely market impact

Sharp year-on-year revenue decline in Q3 is a red flag for the underlying business, though PAT remains positive and margins still look healthy on the surface. Shareholders should watch for whether the topline weakness is a temporary lumpy-revenue issue or a structural slowdown. The new independent director strengthens board composition but is not a material catalyst.