Overview
- Net profit rose 0.3% to Rs 323.86 crore for Q3 FY26 on revenue of Rs 1,472.92 crore, up 1.4% year-on-year.
- The company recorded a one-time Rs 83.9 million charge linked to India’s new labour codes and flagged an inverted-duty/GST-related impact.
- Profit excluding the discrete item and taxes grew 2.7%, indicating firmer underlying performance.
- Gross margin stood at 69.7%, about 50 basis points above the prior quarter, as total expenses increased 3% to Rs 1,081.32 crore and total income rose 2.9% to Rs 1,525.41 crore.
- MD & CEO Prabha Narasimhan said the quarter marked a return to growth led by premium products with stronger momentum across both urban and rural trade channels.