Aditya Vision Limited has delivered a strong financial performance in the third quarter of FY26, demonstrating robust revenue growth and improved profitability. The electronics retailer announced its unaudited standalone financial results for the quarter and nine months ended December 31, 2025, showcasing significant year-on-year improvements across key financial metrics.

Strong Revenue Performance in Q3 FY26

The company reported impressive revenue growth during the quarter, with total revenue reaching ₹652.69 crores compared to ₹510.26 crores in Q3 FY25. Revenue from operations specifically grew by 27.6% year-on-year to ₹648.86 crores from ₹508.45 crores in the corresponding quarter of the previous year.

Management Commentary on Performance Drivers

During the earnings call held on January 27, 2026, Chairman and Managing Director Yashovardhan Sinha highlighted that Q3 FY26 marked a clear step-up in performance despite overall challenging conditions. The company achieved revenues growing by approximately 28% year-over-year, aided by strong festive demand with the festive period from Durga Puja to Chhath Puja registering 37% growth.

Category-wise performance showed washing machines leading with over 30% growth, closely followed by panel televisions at 30%. Air conditioners grew by 22% in the quarter, while mobile phones recorded 20% growth. The management noted that demand trends during the quarter were mixed, with October witnessing strong festive-led demand, while November and December saw moderation before a strong recovery in late December.

Profitability and Operational Efficiency

Aditya Vision Limited maintained healthy profitability margins despite facing certain exceptional items during the quarter. The company reported a net profit of ₹27.31 crores for Q3 FY26, representing a 12.8% increase from ₹24.22 crores in Q3 FY25. Profit before tax stood at ₹36.15 crores compared to ₹31.20 crores in the previous year's corresponding quarter.

The company's operational expenses were well-managed, with total expenses amounting to ₹615.01 crores in Q3 FY26. Key expense components included purchases of stock-in-trade at ₹555.27 crores, employee benefits expense of ₹22.31 crores, and operating & other expenses of ₹27.08 crores.

Nine-Month Performance Overview

For the nine-month period ended December 31, 2025, Aditya Vision Limited demonstrated consistent growth momentum. The company achieved revenue from operations of ₹2,046.59 crores compared to ₹1,773.08 crores in the corresponding nine-month period of FY25, marking a substantial increase.

Store Expansion and Geographic Strategy

The company continued its disciplined cluster-led store expansion during the quarter, adding 4 new stores to reach a total of 192 operational stores as of December 31, 2025. Management confirmed they are on track to cross the milestone of 200 operational stores by FY26 end. Same-store sales growth for the quarter stood at an impressive 17% compared to 12% in the previous year.

Geographically, Bihar contributed 75% of Q3 revenues, followed by Uttar Pradesh at 13% and Jharkhand at 13%. The management announced plans to enter Chhattisgarh and Madhya Pradesh during the current calendar year, with Chhattisgarh entry potentially happening within the current financial year.

Inventory Management and Market Outlook

From a balance sheet perspective, inventory levels are moderately higher as the company opportunistically built air conditioner inventory following attractive discounts offered by OEMs due to changes in BEE energy efficiency norms. This strategic positioning aims to capitalize on the upcoming summer season demand.

The management expressed confidence in the business model's resilience and long growth runway ahead, citing 26 years of consistent execution and geographical dominance. They maintained their guidance of 20% to 25% revenue growth while noting they have historically bettered this guidance consistently.

Aditya Vision Limited has formally notified stock exchanges about an upcoming board meeting scheduled to review its third-quarter financial performance for FY26. The company submitted the intimation on January 19, 2026, addressing both BSE Limited and the National Stock Exchange of India Limited.

Board Meeting Details

The key parameters of the scheduled board meeting are outlined below:

Regulatory Compliance

The board meeting notification has been issued pursuant to Regulation 29 of the Securities and Exchange Board of India (Listing Obligations and Disclosures Requirements) Regulations, 2015. This regulation mandates listed companies to inform stock exchanges about board meetings where financial results will be considered.

Trading Window Restrictions

In accordance with the company's code of conduct for insider trading regulations, Aditya Vision Limited has implemented trading restrictions on its securities. The trading window closure details are as follows:

The trading window restrictions apply to all designated persons and their immediate relatives as defined under the company's insider trading code. This measure ensures compliance with SEBI's prohibition of insider trading regulations and maintains market integrity during the financial results announcement period.

Corporate Communication

The formal intimation was signed by Akanksha Arya, Company Secretary of Aditya Vision Limited, and digitally authenticated on January 19, 2026. The communication was simultaneously sent to both major Indian stock exchanges where the company's shares are listed, ensuring comprehensive regulatory compliance and transparent investor communication.