AG Ventures Reports Strong Q3 Performance; Mahindra Manulife Declares IDCW

2 min read     Updated on 05 Feb 2026, 10:54 PM
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AG Ventures Limited delivered strong Q3 FY26 performance with standalone revenue of ₹1,110.04 lakhs and net profit of ₹121.57 lakhs, while nine-month revenue reached ₹2,528.07 lakhs. Mahindra Manulife declared ₹0.18 per unit IDCW under its Aggressive Hybrid Fund with February 09, 2026 record date. Other notable developments included Aptus Finance's robust quarterly results and Century Plyboards' mixed performance amid exceptional items related to new labour codes.

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AG Ventures Limited has delivered a strong financial performance for Q3 FY26, while several other companies announced significant corporate developments and financial results.

AG Ventures Q3 FY26 Financial Performance

AG Ventures Limited reported robust standalone financial results for the quarter ended December 31, 2025. The company's operational performance showed significant improvement across key metrics.

Metric Q3 FY26 Q3 FY25 Change
Revenue from Operations ₹1,110.04 lakhs ₹919.89 lakhs +20.67%
Net Profit Before Tax ₹90.24 lakhs ₹235.91 lakhs -61.74%
Net Profit After Tax ₹121.57 lakhs ₹150.45 lakhs -19.18%
Earnings Per Share ₹1.22 ₹1.51 -19.21%

For the nine months ended December 31, 2025, AG Ventures achieved standalone revenue of ₹2,528.07 lakhs with net profit after tax of ₹381.38 lakhs. The company maintained its paid-up equity share capital at ₹999.01 lakhs with face value of ₹10 per share.

Mahindra Manulife IDCW Declaration

Mahindra Manulife Investment Management Private Limited announced the declaration of Income Distribution cum Capital Withdrawal (IDCW) under its Aggressive Hybrid Fund. The trustee approved IDCW distribution for Monthly IDCW Options.

Plan/Option IDCW Per Unit Record Date Face Value NAV (Feb 3, 2026)
Regular Plan - Monthly IDCW ₹0.18 February 09, 2026 ₹10 ₹19.5482
Direct Plan - Monthly IDCW ₹0.18 February 09, 2026 ₹10 ₹22.5527

The IDCW distribution is subject to availability of distributable surplus and applicable statutory levies. Unit holders whose names appear in registrar records as of the record date will be eligible to receive the distribution.

Other Corporate Developments

Aptus Finance Strong Performance

Aptus Finance India Private Limited reported impressive Q3 FY26 results with total income from operations of ₹18,865.66 lakhs compared to ₹13,014.52 lakhs in Q3 FY25. The company achieved net profit after tax of ₹7,637.27 lakhs versus ₹4,875.31 lakhs in the previous year quarter.

Century Plyboards Mixed Results

Century Plyboards (India) Limited faced challenges in Q3 FY26 with standalone revenue of ₹1,15,466.85 lakhs. The company recognized exceptional expenses of ₹717.89 lakhs in standalone results related to increased gratuity liability arising from new labour code notifications.

Market Activities and Notices

The Great Eastern Shipping Company Limited announced a special window for re-lodgement of physical share transfer requests, following SEBI's circular dated January 30, 2026. The window remains open from February 05, 2026 to February 04, 2027, allowing investors to submit previously rejected transfer deeds.

PPS Enviro Power Pvt Ltd (in Liquidation) issued its 13th e-auction notice for assignment of Not Readily Realisable Assets (NRRA) with a reserve price of ₹500 lakhs and auction scheduled for March 02, 2026.

Historical Stock Returns for AG Ventures

1 Day5 Days1 Month6 Months1 Year5 Years
+0.11%-4.51%-22.27%-48.60%-51.97%-61.58%

AG Ventures Limited Reports Q3FY26 Results with 20.7% Revenue Growth

3 min read     Updated on 04 Feb 2026, 06:36 PM
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AG Ventures Limited announced Q3FY26 financial results showing 20.7% revenue growth to ₹1,110.04 lakhs, though net profit declined to ₹121.57 lakhs from ₹150.45 lakhs in Q3FY25. The nine-month performance was particularly strong with 62.4% revenue growth and a positive turnaround in profitability. Consolidated results including subsidiary Duncan Engineering Limited showed revenue of ₹3,114.40 lakhs and net profit of ₹224.29 lakhs for the quarter.

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AG Ventures Limited has announced its unaudited financial results for the third quarter and nine months ended December 31, 2025, showcasing solid revenue growth amid operational improvements. The company, formerly known as Oriental Carbon & Chemicals Limited, reported these results following board approval on February 4, 2026, in compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Standalone Financial Performance

The company demonstrated strong top-line growth in Q3FY26, with revenue from operations increasing by 20.7% year-on-year. The quarterly performance reflects the company's continued focus on its investment and trading business segment following the demerger of its chemicals operations.

Metric: Q3FY26 Q3FY25 Change (%)
Revenue from Operations: ₹1,110.04 lakhs ₹919.89 lakhs +20.7%
Total Income: ₹1,230.58 lakhs ₹969.65 lakhs +26.9%
Net Profit: ₹121.57 lakhs ₹150.45 lakhs -19.2%
Earnings Per Share: ₹1.22 ₹1.51 -19.2%

Other income for the quarter increased substantially to ₹120.54 lakhs compared to ₹49.76 lakhs in Q3FY25, contributing to the overall income growth. Total expenses for the quarter were ₹1,140.34 lakhs, primarily driven by purchase of stock-in-trade of ₹804.87 lakhs.

Nine-Month Performance Highlights

The nine-month period showed even more impressive growth metrics, with revenue from operations reaching ₹2,528.07 lakhs compared to ₹1,556.38 lakhs in the corresponding period of FY25.

Parameter: 9M FY26 9M FY25 Growth (%)
Revenue from Operations: ₹2,528.07 lakhs ₹1,556.38 lakhs +62.4%
Total Income: ₹2,749.26 lakhs ₹1,680.86 lakhs +63.6%
Net Profit: ₹381.38 lakhs ₹(37,414.73) lakhs Positive turnaround
EPS (Nine Months): ₹3.82 ₹(374.51) Positive turnaround

The nine-month results show a remarkable turnaround from the previous year's loss, which was primarily due to exceptional items related to the demerger of the chemicals business.

Consolidated Results

On a consolidated basis, which includes subsidiary Duncan Engineering Limited, the company reported stronger performance across key metrics for Q3FY26.

Consolidated Metrics: Q3FY26 Q3FY25 Change (%)
Revenue from Operations: ₹3,114.40 lakhs ₹2,954.94 lakhs +5.4%
Net Profit: ₹224.29 lakhs ₹220.25 lakhs +1.8%
EPS (Consolidated): ₹1.73 ₹1.86 -7.0%

For the nine-month period, consolidated revenue reached ₹8,199.42 lakhs compared to ₹8,044.37 lakhs in the previous year, while net profit stood at ₹635.75 lakhs versus ₹411.04 lakhs.

Segment Performance

The company operates through two main business segments following the demerger of its chemicals business. The investment and trading segment reported revenue of ₹1,182.07 lakhs in Q3FY26, while the general engineering products segment contributed ₹1,962.33 lakhs to consolidated revenue.

Corporate Developments and Regulatory Compliance

The board meeting for approving the unaudited financial results was held on February 4, 2026, commencing at 11:00 AM and concluding at 12:20 PM. The results were reviewed by the Audit Committee and subsequently approved by the Board of Directors in accordance with regulatory requirements.

During the quarter, Duncan Engineering Limited, a subsidiary of AG Ventures, incorporated a wholly owned overseas subsidiary in the Kingdom of Saudi Arabia. However, this subsidiary had not commenced operations as of the reporting date and had no impact on the financial results for the period.

Auditor Review and Compliance

The results have been reviewed by the statutory auditors S S Kothari Mehta & Co. LLP, who issued a limited review report confirming compliance with applicable accounting standards and regulatory requirements. The financial results are prepared in accordance with Indian Accounting Standard 34 (Interim Financial Reporting) and other recognized accounting practices.

The company maintains its registered office at Plot No. 30-33, Survey No. 77, Nishant Park, Nana Kapaya, Mundra, Kachchh, Gujarat, and corporate office at 14th Floor, Tower-B, World Trade Tower, Plot No. C-1, Sector-16, Noida, Uttar Pradesh. The results are available on the company's website at www.agventuresltd.com and BSE website.

Historical Stock Returns for AG Ventures

1 Day5 Days1 Month6 Months1 Year5 Years
+0.11%-4.51%-22.27%-48.60%-51.97%-61.58%

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