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LTF Q3 FY26 Results: Net Profit Rises 18% YoY to ₹738 Crore; Revenue Up 12%
L&T Finance Limited (LTF) reported a strong performance for Q3 FY26, with consolidated Net Profit increasing by 18% YoY to ₹737.99 crore. Total revenue from operations grew 11.7% YoY to ₹4,578.27 crore, primarily driven by an 11.4% rise in interest income. The company successfully absorbed a one-time exceptional hit of ₹28.51 crore related to the implementation of New Labour Codes. Overall, the 9-month PAT for FY26 stands at ₹2,173.71 crore, reflecting steady growth compared to the previous year.
Key Highlights
Consolidated Net Profit grew 18% YoY to ₹737.99 crore in Q3 FY26 from ₹625.65 crore in Q3 FY25.
Total Revenue from operations increased to ₹4,578.27 crore, up from ₹4,097.58 crore in the same period last year.
Interest income rose 11.4% YoY to ₹4,240.07 crore, while fees and commission income jumped 42% YoY to ₹338.03 crore.
An exceptional one-time expense of ₹28.51 crore was recognized due to the impact of New Labour Codes on employee benefits.
Basic Earnings Per Share (EPS) for the quarter improved to ₹2.95 compared to ₹2.51 in the previous year's corresponding quarter.
💼 Action for Investors
The steady growth in both top-line and bottom-line suggests LTF is maintaining its growth trajectory despite regulatory cost pressures. Investors may continue to hold as the company demonstrates improved operational efficiency and robust interest income growth.
L&T Finance Q3 FY26 PAT Rises 18% YoY to ₹738 Crore; Revenue Up 11.7%
L&T Finance reported a strong performance for Q3 FY26, with consolidated Profit After Tax (PAT) growing 18% year-on-year to ₹737.99 crore. Total revenue from operations increased by 11.7% to ₹4,578.27 crore, driven primarily by a rise in interest income. Notably, impairment costs on financial instruments decreased to ₹590.06 crore from ₹728.96 crore in the previous year, indicating improved asset quality. The company also accounted for a one-time exceptional expense of ₹28.51 crore due to the implementation of New Labour Codes.
Key Highlights
Consolidated PAT increased 18% YoY to ₹737.99 crore for the quarter ended Dec 31, 2025.
Total revenue from operations grew 11.7% YoY to ₹4,578.27 crore compared to ₹4,097.58 crore in Q3 FY25.
Impairment on financial instruments significantly reduced to ₹590.06 crore from ₹728.96 crore YoY.
Interest income rose to ₹4,240.07 crore, reflecting steady growth in the loan book.
Recorded a one-time exceptional item of ₹28.51 crore related to the consolidation of New Labour Codes.
💼 Action for Investors
Investors should take note of the improving asset quality as evidenced by lower impairment costs and strong double-digit bottom-line growth. The company's transition towards a retail-heavy portfolio continues to yield positive results, making it a favorable pick in the NBFC space.
LTTS Q3 FY26 Net Profit Dips 6% YoY to ₹3,026 Million; Revenue Grows 10% YoY
L&T Technology Services (LTTS) reported a mixed performance for Q3 FY26, with revenue from operations growing 10.2% YoY to ₹29,235 million, despite a 1.9% sequential decline. Net profit fell 6.1% YoY to ₹3,026 million, primarily weighed down by a one-time exceptional charge of ₹354 million related to the implementation of New Labour Codes. While the Sustainability and Mobility segments showed resilience, the Tech vertical experienced a notable sequential revenue drop of nearly 9%. Operating margins were impacted by higher employee benefit expenses and the aforementioned regulatory costs.
Key Highlights
Revenue from operations reached ₹29,235 million, a 10.2% increase YoY but a 1.9% decrease QoQ.
Net profit attributable to equity shareholders stood at ₹3,026 million, down from ₹3,224 million in Q3 FY25.
An exceptional item of ₹354 million was recognized due to the impact of New Labour Codes on employee benefit provisions.
Sustainability segment revenue grew to ₹9,731 million, while Tech segment revenue declined to ₹10,707 million from ₹11,735 million in Q2.
Basic EPS for the quarter was ₹28.56, compared to ₹31.02 in the previous quarter and ₹30.47 in the year-ago period.
💼 Action for Investors
Investors should monitor the recovery in the Tech segment and margin stabilization after the one-time impact of the New Labour Codes. The steady growth in the Sustainability and Mobility verticals remains a positive long-term indicator.
Suraj Limited Sets January 23, 2026, as Record Date for Interim Dividend
Suraj Limited has declared an interim dividend following its board meeting held on January 16, 2026. The company has fixed Friday, January 23, 2026, as the record date to identify eligible shareholders for the payout. This announcement was made alongside the approval of the company's unaudited financial results for the quarter and nine months ended December 31, 2025. Shareholders must hold the stock in their demat accounts by the record date to receive the dividend.
Key Highlights
Record date for interim dividend fixed as January 23, 2026
Dividend declared during the board meeting held on January 16, 2026
Announcement coincides with the approval of Q3 and 9M FY2025-26 financial results
Payment to be made to shareholders registered with NSDL and CDSL as of the record date
💼 Action for Investors
Investors interested in the dividend should ensure they purchase or hold the shares before the ex-dividend date. Monitor the company's financial results for the quarter to assess the sustainability of such payouts.
Suraj Limited Declares ₹1.50 Interim Dividend; Q3 PAT Drops 80% YoY to ₹136.26 Lakhs
Suraj Limited has declared an interim dividend of ₹1.50 per equity share (15% of face value) for FY 2025-26, with the record date set for January 23, 2026. Despite the dividend, the company's Q3 FY26 financial results show significant weakness, with standalone Net Profit (PAT) falling sharply to ₹136.26 Lakhs from ₹684.07 Lakhs in the same quarter last year. Revenue from operations also saw a marginal decline to ₹6,188.42 Lakhs compared to ₹6,361.14 Lakhs YoY. The nine-month performance for FY26 reflects a substantial decline in profitability compared to the previous year.
Key Highlights
Declared an interim dividend of ₹1.50 per equity share with a record date of January 23, 2026.
Standalone Net Profit (PAT) for Q3 FY26 plummeted by 80% YoY to ₹136.26 Lakhs.
Revenue from operations decreased to ₹6,188.42 Lakhs from ₹6,361.14 Lakhs in the year-ago quarter.
Basic and Diluted EPS for the quarter fell to ₹0.74 from ₹3.73 YoY.
Nine-month PAT for FY26 stands at ₹346.04 Lakhs, down from ₹1,558.48 Lakhs in the same period last year.
💼 Action for Investors
While the dividend provides a small yield, the massive drop in quarterly and nine-month profitability is a major concern. Investors should investigate the sharp margin compression and wait for signs of operational recovery before increasing exposure.
Suraj Ltd Declares Rs 1.5 Interim Dividend; Q3 Net Profit Drops 80% YoY to Rs 1.36 Cr
Suraj Limited has declared an interim dividend of Rs. 1.5 per share (15%) for FY 2025-26, with the record date fixed for January 23, 2026. The company reported a sharp 80% year-on-year decline in standalone net profit for Q3 FY26, falling to Rs. 1.36 crore from Rs. 6.84 crore. Revenue also decreased slightly to Rs. 61.88 crore compared to Rs. 63.61 crore in the same period last year. The nine-month performance shows a significant profit contraction, highlighting potential operational or margin challenges.
Key Highlights
Interim dividend of Rs. 1.50 per share (15% of face value) declared with record date Jan 23, 2026
Q3 FY26 Standalone PAT crashed 80% YoY to Rs. 136.26 Lakhs from Rs. 684.07 Lakhs
Total Income for 9M FY26 fell to Rs. 16,565.50 Lakhs from Rs. 17,756.22 Lakhs in 9M FY25
Standalone EPS for the quarter stands at Rs. 0.74, a sharp decline from Rs. 3.73 in Q3 FY25
Finance costs for 9M FY26 increased to Rs. 317.48 Lakhs from Rs. 270.56 Lakhs YoY
💼 Action for Investors
Investors should be cautious as the severe decline in profitability significantly outweighs the dividend payout. Monitor the company's margin recovery and raw material cost management in the upcoming quarters before making new entries.
Suraj Ltd Q3 PAT Drops 80% YoY to ₹1.36 Cr; Declares ₹1.50 Interim Dividend
Suraj Limited reported a sharp decline in profitability for the quarter ended December 31, 2025, with Net Profit (PAT) falling 80% year-on-year to ₹1.36 crore. Revenue from operations also saw a marginal decline of 2.7% YoY to ₹61.88 crore, although it showed sequential improvement from the previous quarter. Despite the earnings pressure, the company has declared an interim dividend of ₹1.50 per share. The record date for the dividend payment is fixed as January 23, 2026.
Key Highlights
Net Profit (PAT) for Q3 FY26 fell to ₹136.26 lakhs from ₹684.07 lakhs in Q3 FY25.
Revenue from operations stood at ₹6,188.42 lakhs compared to ₹6,361.14 lakhs in the same period last year.
Declared an interim dividend of ₹1.50 per equity share (15% of face value) for FY 2025-26.
Nine-month PAT for FY26 dropped significantly to ₹326.04 lakhs from ₹1,558.48 lakhs YoY.
Basic and Diluted EPS for the quarter decreased to ₹0.74 from ₹3.73 in the previous year's corresponding quarter.
💼 Action for Investors
Investors should exercise caution as the company faces significant margin pressure and a sharp decline in year-on-year profitability. While the interim dividend offers a short-term incentive, the long-term outlook depends on the company's ability to recover its earnings growth.
LTIMindtree Wins ₹3,000 Crore AI-Powered Tax Analytics Project from CBDT
LTIMindtree has secured a major contract worth approximately ₹3,000 crores from the Central Board of Direct Taxes (CBDT) for the Insight 2.0 project. The company will build an AI-powered platform to modernize India's national tax analytics, leveraging advanced digital architecture. This 7-year mandate provides significant long-term revenue visibility and demonstrates the company's leadership in high-end data analytics. The deal reinforces LTIMindtree's capability to handle large-scale government digital transformation projects.
Key Highlights
Awarded the Insight 2.0 project by the Central Board of Direct Taxes (CBDT)
Total contract value estimated at approximately ₹3,000 crores
Long-term mandate spanning a duration of 7 years
Project involves building an AI-powered program for national tax analytics modernization
Strengthens LTIMindtree's position in the government technology and AI-centric growth sector
💼 Action for Investors
Investors should view this as a significant positive development for long-term revenue stability and a validation of the company's AI capabilities. Monitor the project's impact on operating margins as the implementation progresses over the 7-year period.
Royal Orchid Hotels Expands Leisure Portfolio with New 50-Room Resort in Jim Corbett
Royal Orchid Hotels Ltd (ROHL) has signed a new property, Regenta Place Resort, in the high-demand leisure destination of Jim Corbett, Uttarakhand. Developed in partnership with M/S VACAN HAUSS REALTY, the resort will feature 50 spacious rooms and a 3,500 sq. ft. banquet hall to cater to MICE and social events. This expansion is part of the company's strategic focus on capturing high-demand leisure markets in North India. The property will also include premium amenities such as a spa, swimming pool, and gym to attract upscale travelers.
Key Highlights
New resort signing in Jim Corbett under the Regenta Place brand to boost leisure portfolio.
The property features 50 well-appointed rooms and a 3,500 sq. ft. banquet hall for events.
Strategic partnership with M/S VACAN HAUSS REALTY for development and management.
Focus on high-demand North Indian tourism hubs to drive occupancy and revenue growth.
Comprehensive amenities include an on-site restaurant, bar, spa, and fitness center.
💼 Action for Investors
Investors should monitor the company's continued expansion into leisure hubs which typically offer higher margins. The addition of 50 rooms in a prime location like Jim Corbett strengthens the brand's footprint in the competitive North Indian market.
L&T Wins Large Order Worth ₹2,500-5,000 Cr for Petronet LNG Project in Gujarat
Larsen & Toubro's Hydrocarbon Onshore business has secured a 'Large' contract from Petronet LNG for work at the Dahej Petrochemical Complex. The order, valued between ₹2,500 crore and ₹5,000 crore, involves the engineering, procurement, construction, and commissioning of specialized storage tanks. This project is part of India's first integrated petrochemical complex utilizing LNG cold energy, which aims to bridge the domestic polypropylene demand-supply gap. The win reinforces L&T's dominant position in the hydrocarbon EPC sector and contributes to its robust order book.
Key Highlights
Order value classified as 'Large', ranging between ₹2,500 crore and ₹5,000 crore
Scope includes a 170,000 cubic metre LNG/Ethane tank and a 140,000 cubic metre Propane tank
Project awarded by Petronet LNG, a joint venture of ONGC, IOCL, GAIL, and BPCL
Execution to be handled on a Lump Sum Turnkey (LSTK) basis at Dahej, Gujarat
Project supports the Aatmanirbhar Bharat initiative by strengthening indigenous petrochemical capacity
💼 Action for Investors
Investors should remain positive as this order win demonstrates L&T's continued execution capability in complex hydrocarbon projects and provides revenue visibility. The stock remains a strong play on India's industrial and infrastructure growth.
Ravindra Energy Q3 Update: 187 MW Operating Assets and INR 296 Crore YES Bank Funding
Ravindra Energy Limited (RELTD) reported a total operating renewable capacity of 187 MW DC as of Q3 FY26, with an additional 60 MW under construction and expected to commission by March 2026. The company secured a significant credit facility of INR 296 crore from YES Bank to support its business activities. While the renewable segment met generation targets, the EV business faced a setback in Q3 with revenue declining to INR 34.76 crore and a net loss of INR 4.56 crore. The company maintains a robust future pipeline of 235 MW DC in renewable projects and plans to expand its EV swap station network.
Key Highlights
Total operating renewable assets reached 187 MW DC, including 136 MW from MSKVY Phase 1.
Secured INR 296 crore credit facility and INR 32 crore hedge facility from YES Bank.
60 MW DC of renewable projects are under construction with a target completion date of March 31, 2026.
EV segment reported Q3 revenue of INR 34.76 crore and a net loss of INR 4.56 crore, down from a small profit in Q2.
Future pipeline includes 235 MW DC renewable projects and 8 new EV swap stations by March 2026.
💼 Action for Investors
Investors should track the timely commissioning of the 60 MW under-construction projects and monitor the EV segment for signs of a turnaround in profitability. The large credit facility provides growth capital but increases debt levels, making execution of the 235 MW pipeline vital for long-term value.
Delta Corp Announces Demerger, New Goa Vessel, and Expansion to 750+ Hotel Keys
Delta Corp is restructuring its business by demerging its Gaming and Hospitality/Real Estate divisions into two separate entities via a mirror split, expected to complete within six months. The company is expanding its gaming capacity with a new vessel in Goa starting April 2026 and increasing its hotel inventory to over 750 keys by FY27. However, the Dhargal integrated resort project has been put on hold due to the challenging 40% GST environment, which continues to materially impact profitability. Investors are currently awaiting a final Supreme Court judgment on GST matters and a High Court decision on the Daman casino license.
Key Highlights
Proposed demerger into separate Gaming and Hospitality entities to be completed within 6 months.
New casino vessel in Goa expected to commence commercial operations in April 2026.
Total hotel inventory to exceed 750 keys following completion of Panjim and Alibaug projects in FY27.
Dhargal integrated resort project on hold; company seeking to monetize the land parcel.
Profitability materially impacted by 40% GST on gaming chips; Supreme Court judgment is pending.
💼 Action for Investors
Investors should maintain a watch on the NCLT demerger progress and the Supreme Court's final GST ruling, which are critical for long-term valuation. The expansion in hotel keys and the new vessel provide growth visibility, but regulatory headwinds remain the primary risk.
Delta Corp Q3 Standalone PAT falls 53% YoY to ₹19.38 Cr; ₹378 Cr hit from Online Gaming Act
Delta Corp reported a weak set of numbers for Q3 FY26, with standalone revenue from operations declining 21.5% YoY to ₹117.86 crore. Net profit for the quarter plummeted by 53.4% YoY to ₹19.38 crore, down from ₹41.61 crore in the same period last year. The company faced a massive ₹378.34 crore cumulative reduction in the fair value of its online gaming investments due to the enactment of the Promotion and Regulation of Online Gaming Act, 2025, which prohibits real-money stakes. Furthermore, the company remains embroiled in a legal battle over GST show-cause notices totaling ₹23,207.30 crore, with the Supreme Court judgment currently reserved.
Key Highlights
Revenue from operations fell to ₹117.86 crore in Q3 FY26 from ₹150.17 crore in Q3 FY25.
Standalone Net Profit declined significantly to ₹19.38 crore versus ₹41.61 crore YoY.
Recorded a ₹378.34 crore hit in Other Comprehensive Income due to fair value write-downs of online gaming entities.
Gaming operations revenue dropped to ₹103.81 crore from ₹135.79 crore in the previous year's quarter.
Contingent liability remains high with GST demands of ₹23,207.30 crore pending Supreme Court verdict.
💼 Action for Investors
Investors should remain highly cautious as the company faces a double blow from a legislative ban on real-money online gaming and a massive pending GST litigation. The significant erosion in investment value and declining gaming revenues suggest a challenging recovery path in the near term.
Delta Corp Q3 FY26 Net Profit Drops 53% YoY to ₹19.38 Cr Amid ₹378 Cr Online Gaming Write-down
Delta Corp reported a weak set of numbers for Q3 FY26, with standalone revenue declining 21.5% YoY to ₹117.86 crore and net profit falling 53.4% YoY to ₹19.38 crore. The company's financials were heavily impacted by the enactment of the Promotion and Regulation of Online Gaming Act, 2025, which led to a cumulative fair value reduction of ₹378.34 crore in its online gaming investments. Furthermore, the company continues to face a massive contingent liability of ₹23,207.30 crore related to GST show-cause notices, with the Supreme Court judgment currently reserved. Operational revenue from gaming also saw a sequential decline of 15.4% compared to the previous quarter.
Key Highlights
Standalone Revenue from Operations fell 21.5% YoY to ₹117.86 crore in Q3 FY26.
Net Profit for the quarter plummeted to ₹19.38 crore from ₹41.61 crore in the year-ago period.
Recognized a ₹378.34 crore cumulative fair value loss in OCI due to the new federal ban on real-money online gaming.
Outstanding GST show-cause notices total ₹23,207.30 crore, with the legal matter now reserved for judgment by the Supreme Court.
Gaming operations revenue declined to ₹103.81 crore in Q3 FY26 from ₹122.74 crore in Q2 FY26.
💼 Action for Investors
Investors should exercise extreme caution as the company faces significant regulatory headwinds in the online gaming sector and a potentially existential threat from the multi-billion dollar GST litigation. The stock is likely to remain volatile and underperform until there is a favorable resolution in the Supreme Court or a pivot in the business model.
Ravindra Energy Reports Rs 172.5 Cr Fund Utilization with Minor Reallocation in Q3 FY26
Ravindra Energy Limited has disclosed the utilization status of Rs 180 crore raised through a preferential issue in October 2024. As of December 31, 2025, the company has deployed Rs 172.50 crore, representing approximately 96% of the total proceeds. A minor reallocation of Rs 6 crore was executed, shifting funds from the Electric Vehicle business to the Renewable Energy segment, which is within the 10% deviation limit previously approved by shareholders. The Renewable Energy vertical has now fully utilized its revised allocation of Rs 96 crore.
Key Highlights
Total funds raised via preferential issue amounted to Rs 179.99 crore in October 2024.
Cumulative utilization of funds stands at Rs 172.50 crore as of the end of Q3 FY2025-26.
Investment in Renewable Energy business increased by Rs 6 crore to a total of Rs 96 crore and is fully utilized.
Electric Vehicle business allocation was reduced to Rs 54 crore, with Rs 46.51 crore utilized so far.
General Corporate Purpose funds of Rs 30 crore are nearly fully utilized at Rs 29.99 crore.
💼 Action for Investors
Investors should monitor the remaining deployment of funds in the EV segment to ensure project execution remains on track. The shift in capital towards Renewable Energy suggests a strategic prioritization or faster-than-expected growth in that vertical.
Ravindra Energy Approves Q3 Results; Utilizes ₹172.5 Cr of ₹180 Cr Preferential Issue Proceeds
Ravindra Energy's Board approved the Q3 FY26 financial results and reviewed the utilization of ₹180 crore raised via preferential allotment. As of December 31, 2025, the company has deployed ₹172.50 crore, primarily into its Renewable Energy (₹96 crore) and Electric Vehicle (₹46.51 crore) businesses. A six-month extension has been granted to utilize the remaining ₹7.50 crore balance. The monitoring agency report confirms no major deviations from the intended objects of the fundraise.
Key Highlights
Board approved unaudited standalone and consolidated financial results for the quarter ended December 31, 2025.
Successfully deployed ₹172.50 crore out of the ₹180 crore preferential issue proceeds raised at ₹74 per share.
Renewable Energy segment saw an investment of ₹96 crore, slightly above the initial ₹90 crore allocation within permitted limits.
EV business utilization stands at ₹46.51 crore against a ₹60 crore target, with a 6-month extension granted for the balance.
Monitoring agency India Ratings & Research confirmed no material deviations from the objects of the issue.
💼 Action for Investors
Investors should track the upcoming detailed financial statements to see if the ₹172.5 crore capital deployment is translating into revenue growth in the Renewable and EV segments. The extension for EV spending suggests a slightly slower execution in that vertical which warrants observation.
LTTS Q3 FY26: Net Profit Up 2.1% YoY to ₹3,291M; EBIT Margins Improve 120 bps QoQ
L&T Technology Services (LTTS) reported a steady Q3 FY26 with INR revenue growing 10.2% YoY to ₹29,235 million, despite a 3.2% sequential decline in USD revenue. The company demonstrated strong operational efficiency as EBIT margins expanded by 120 basis points QoQ to 14.6%. Deal momentum remained robust, marking the fifth consecutive quarter with ~$200 million in TCV wins, including a significant $70 million deal from a global OEM. Management has guided for mid-single-digit growth for FY26 as they pivot towards high-margin 'Engineering Intelligence' solutions under their upcoming 5-year Lakshya strategy.
Key Highlights
Revenue stood at ₹29,235 million, up 10.2% YoY, though it declined 1.9% on a QoQ basis.
EBIT margins improved significantly to 14.6%, up 120 bps from the previous quarter.
Secured several large deals including one $70M, one $30M, and five deals above $10M.
Sustainability segment continued double-digit YoY growth while Mobility showed signs of a turnaround.
Patent portfolio reached 1,655, with 1,007 co-authored with clients, highlighting strong R&D focus.
💼 Action for Investors
Investors should take confidence in the significant margin expansion and the sustained large-deal win momentum which provides medium-term revenue visibility. Monitor the execution of the 'Engineering Intelligence' pivot and the upcoming 5-year Lakshya roadmap for long-term growth targets.
LTTS Q3FY26 Results: Net Profit Up 2.1% YoY to ₹3,291M, EBIT Margin Improves to 14.6%
LTTS reported Q3 FY26 revenue of ₹29,235 million, up 10.2% YoY but down 1.9% QoQ. Net profit rose 2.1% YoY to ₹3,291 million, while EBIT margins saw a healthy 120 bps sequential improvement to 14.6%. The company secured a major $70 million deal and maintained a $200 million average TCV for five straight quarters. Management is guiding for mid-single-digit growth in FY26 as they pivot to full-stack Engineering Intelligence.
Key Highlights
Revenue reached ₹29,235 million, marking a 10.2% YoY growth despite a 1.9% sequential decline.
EBIT margins expanded by 120 bps QoQ to 14.6%, reflecting improved operational efficiency.
Strong deal momentum with a $70 million win from a global OEM and five other deals above $10 million.
Sustainability segment grew 11.4% YoY, while North America revenue surged 15.4% YoY.
Net profit stood at ₹3,291 million, excluding a one-time impact of ₹26.5 crore from new labor codes.
💼 Action for Investors
The significant margin expansion and robust deal pipeline of $200M+ TCV per quarter provide a positive outlook despite sequential revenue softness. Investors should monitor the execution of the 'Lakshya' 5-year plan and the transition to AI-led engineering services.
LTTS Approves Q3 FY26 Results; Reports Rs 135 Million Revenue from Small Subsidiaries
L&T Technology Services (LTTS) has approved its unaudited financial results for the quarter and nine months ended December 31, 2025. The results incorporate the performance of Intelliswift Software and its global entities, which were acquired in January 2025. For the quarter, six unreviewed subsidiaries contributed Rs. 135 million to the total revenue and Rs. 14 million to the net profit. The statutory auditors have issued a clean limited review report for both standalone and consolidated statements.
Key Highlights
Board approved unaudited consolidated and standalone financial results for Q3 and 9M FY26.
The group structure now includes Intelliswift Software and its subsidiaries following the January 2025 acquisition.
Six unreviewed subsidiaries reported a quarterly revenue of Rs. 135 million and a net profit of Rs. 14 million.
Year-to-date (9M) revenue from these specific subsidiaries stood at Rs. 417 million with a profit of Rs. 45 million.
Statutory auditors MSKA & Associates provided a clean limited review report with no material misstatements.
💼 Action for Investors
Investors should analyze the full consolidated financial statement to assess overall margin trends and the growth trajectory following the Intelliswift integration. Maintain a watch on management's guidance for the remainder of the fiscal year.
Paushak Limited CRISIL Rating Reaffirmed; Bank Facilities Enhanced to Rs 145 Crore
CRISIL Ratings has reaffirmed Paushak Limited's long-term credit rating at 'CRISIL A/Stable' and assigned a short-term rating of 'CRISIL A1'. The total rated bank loan facilities have been significantly increased from Rs 40 crore to Rs 145 crore. This enhancement includes a new term loan of Rs 70 crore and expanded working capital facilities totaling Rs 75 crore. The reaffirmation of the 'Stable' outlook indicates the company's maintained creditworthiness despite the higher debt capacity.
Key Highlights
Long-term credit rating reaffirmed at 'CRISIL A/Stable' by CRISIL Ratings.
Short-term credit rating of 'CRISIL A1' assigned for working capital facilities.
Total bank loan facilities rated increased from Rs 40 crore to Rs 145 crore.
New facilities include a Rs 70 crore Term Loan and Rs 75 crore in total Working Capital limits.
The rating assignment covers both existing and proposed enhanced credit limits.
💼 Action for Investors
The reaffirmation of a strong credit rating alongside a significant increase in borrowing limits suggests the company is well-positioned for expansion. Investors should monitor the deployment of the new Rs 70 crore term loan for capital expenditure or growth initiatives.