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Ganges Securities Q3 Consolidated Net Profit Drops to ₹15.7 Lakhs; Total Income Down 14% YoY
Ganges Securities reported a significant decline in consolidated net profit, falling to ₹15.70 lakhs in Q3 FY26 from ₹290.59 lakhs in the same quarter last year. Consolidated revenue from operations decreased by 14% YoY to ₹1,125.10 lakhs, primarily impacted by lower tea sales and reduced dividend income. The company recorded a massive total comprehensive loss of ₹3,474.78 lakhs due to negative fair value adjustments in its investment portfolio. Standalone performance remained relatively stable with a net profit of ₹101.60 lakhs compared to ₹106.27 lakhs YoY.
Key Highlights
Consolidated Net Profit plummeted to ₹15.70 lakhs in Q3 FY26 compared to ₹290.59 lakhs in Q3 FY25.
Consolidated Revenue from Operations fell 14% YoY to ₹1,125.10 lakhs from ₹1,310.40 lakhs.
Total Comprehensive Loss stood at ₹3,474.78 lakhs, driven by a ₹3,490.48 lakh hit in Other Comprehensive Income (OCI).
Tea segment revenue decreased to ₹947.91 lakhs from ₹1,161.11 lakhs in the corresponding previous quarter.
Consolidated Earnings Per Share (EPS) dropped sharply to ₹0.16 from ₹2.91 YoY.
💼 Action for Investors
Investors should exercise caution as the consolidated bottom line is under significant pressure from the tea business and extreme volatility in investment valuations. The sharp decline in comprehensive income suggests high sensitivity to market fluctuations in their investment portfolio.
Ganges Securities Q3 FY26 Consolidated Net Profit Falls 64% to ₹1.04 Cr; Total Income at ₹15.17 Cr
Ganges Securities reported a consolidated total income of ₹1,517.32 lakhs for Q3 FY26, a 15.8% increase from ₹1,310.40 lakhs in Q3 FY25. Despite the revenue growth, consolidated net profit dropped significantly to ₹103.70 lakhs from ₹290.59 lakhs in the previous year's corresponding quarter. The company recorded a massive Total Comprehensive Loss of ₹3,386.88 lakhs, primarily due to a negative swing of ₹3,490.48 lakhs in Other Comprehensive Income related to investment valuations. The standalone business remained stable, but the consolidated performance was weighed down by the tea segment and investment fluctuations.
Key Highlights
Consolidated Revenue from Operations increased 15.8% YoY to ₹1,517.32 lakhs.
Consolidated Net Profit after tax declined by 64.3% YoY to ₹103.70 lakhs.
Total Comprehensive Income turned into a loss of ₹3,386.88 lakhs due to negative fair value changes in investments.
Tea segment revenue grew to ₹1,340.15 lakhs from ₹1,128.14 lakhs in the year-ago quarter.
Standalone Net Profit stood at ₹101.60 lakhs, showing relative stability compared to ₹106.27 lakhs in Q3 FY25.
💼 Action for Investors
Investors should exercise caution as the company's total comprehensive income is highly volatile due to investment valuation swings. Monitor the tea subsidiary's operational efficiency and the impact of previous misappropriation issues on future cash flows.