Announced Sat, 14 Feb · 16:21 IST

outcome of the board meeting for approval of the quarter financial results ended 31.12.2025

Revenue DeclineResults View source PDF

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

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

The Board approved unaudited standalone financial results for Q3 FY26 and the nine months ended Dec 31, 2025. Revenue from operations for 9M FY26 fell sharply to about Rs 372 lakhs from about Rs 761 lakhs in 9M FY25, a roughly 51% year-on-year decline. Despite the steep revenue drop, 9M FY26 profit after tax held at about Rs 81 lakhs versus Rs 77 lakhs in 9M FY25, indicating cost discipline helped preserve profitability. Q3 FY26 alone posted PAT of about Rs 36 lakhs versus Rs 7 lakhs a year ago. Total revenue (including other income) for 9M FY26 was about Rs 584 lakhs versus Rs 936 lakhs. Total expenses fell from about Rs 832 lakhs to Rs 476 lakhs. The statutory auditor's limited review report (Jayesh R. Shah & Co.) was clean with no qualifications or adverse observations. The company continues to operate in a single Infrastructure segment.

Likely market impact

The ~51% slump in nine-month operating revenue is a significant red flag and likely to weigh on the stock, even as bottom-line profits stayed nearly flat. Investors should watch whether this reflects lost contracts, project completion, or a deliberate scale-down, and whether margins and profits can be sustained on a much smaller revenue base in coming quarters.