Enclosed herewith Financial Results for Third Quarter and nine months ended 31st December 2025 of Wardwizard Innovations & Mobility Limited.
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Wardwizard Innovations & Mobility reported its Q3 FY26 results with consolidated revenue from operations of ₹6,271.96 lakhs, nearly doubling from ₹3,342.53 lakhs in Q3 FY25 (up ~88% YoY). However, the nine-month picture is weaker, with revenue at ₹12,841.52 lakhs versus ₹19,587.04 lakhs in the prior nine months — a ~34% decline. Profit before tax for the nine months fell sharply to ₹19.87 lakhs from ₹156.58 lakhs, and the company slipped into a consolidated loss of ₹8.92 lakhs for 9M FY26 versus a profit of ₹129.16 lakhs a year earlier. Standalone nine-month PAT also dropped to ₹29.60 lakhs from ₹133.44 lakhs. The auditor's limited review report carries no qualifications. Key disclosures include a ₹12.36 crore custom duty show-cause notice treated as a contingent liability, an ongoing Income Tax search from February 2024 with indeterminate impact, and full utilisation of ₹44.14 crore raised via a rights issue for working capital and general corporate purposes.
Mixed signals for shareholders: a strong quarterly rebound in topline is offset by a sharp nine-month revenue contraction and a swing to consolidated loss, suggesting weak H1 performance weighing on full-year numbers. Ongoing tax/custom matters and thin margins remain watchpoints, though the rights issue funds are fully deployed and the auditor raised no concerns.