Atishay Limited announced its unaudited standalone financial results for the quarter and nine months ended December 31, 2025, showing mixed performance with quarterly profit declining while nine-month results demonstrated growth. The Board of Directors approved these results at their meeting held on January 19, 2026.

Quarterly Financial Performance

The company's Q3 FY26 performance showed modest revenue growth but declining profitability compared to the previous year. Revenue from operations increased marginally while profit margins faced pressure during the quarter.

Nine-Month Performance Shows Strength

Despite quarterly challenges, the nine-month period ending December 31, 2025, demonstrated robust growth across key financial metrics. The company achieved double-digit growth in both revenue and profitability for the extended period.

Segment-wise Analysis

The E-Governance segment remained the dominant contributor to the company's revenue stream, while the Retail & other services segment showed mixed performance during the reporting period.

E-Governance Segment:

• Q3 FY26 revenue: ₹1,266.95 crores (down 3.0% from ₹1,306.11 crores in Q3 FY25)
• Nine-month revenue: ₹3,885.43 crores (up 23.2% from ₹3,152.81 crores)
• Segment result before tax and interest for Q3 FY26: ₹414.72 crores

Retail & Other Services:

• Q3 FY26 revenue: ₹278.21 crores (up 28.8% from ₹216.06 crores)
• Nine-month revenue: ₹675.29 crores (down 0.4% from ₹677.84 crores)

Earnings Per Share and Tax Position

The company's earnings per share reflected the quarterly profit decline while maintaining reasonable returns for shareholders. Tax expenses remained well-managed during the reporting period.

Total tax expenses for Q3 FY26 stood at ₹62.43 crores compared to ₹74.24 crores in the corresponding quarter of the previous year. The paid-up equity share capital remained stable at ₹1,098.13 crores with a face value of ₹10 per equity share.

Operational Metrics

The company's expense management showed mixed results during Q3 FY26. While total expenses increased to ₹1,341.50 crores from ₹1,287.35 crores in Q3 FY25, the company maintained operational efficiency in several areas. Employee benefits expense decreased to ₹246.74 crores from ₹271.59 crores year-on-year, while purchases and other operating expenditure rose significantly to ₹883.72 crores from ₹748.75 crores.

The financial results were reviewed by M/s B M Parekh & Co., Chartered Accountants, Mumbai, the company's statutory auditors, and approved by the Board of Directors on January 19, 2026.

Atishay Limited has announced the receipt of a new work order valued at ₹32.90 lakhs from The Udaipur Central Co-operative Bank Ltd., operating under the Co-operative Department of Rajasthan. The company disclosed this development in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Order Details and Scope

The comprehensive work order encompasses the supply, installation, commissioning, and maintenance of Micro ATMs specifically designed for the dairy society operations of The Udaipur Central Co-operative Bank Ltd. This initiative aims to facilitate last-mile banking access and enhance digital financial services for participants in the dairy sector.

Strategic Significance

This order represents a significant milestone for Atishay Limited as it reinforces the company's technological capabilities and execution strength in the cooperative banking sector. The award reflects the continued confidence that The Udaipur Central Co-operative Bank Ltd. places in the company's ability to deliver technology-enabled financial solutions.

The project specifically targets the dairy sector, which plays a crucial role in rural economies. By providing Micro ATM services to dairy society participants, the initiative supports broader financial inclusion objectives in rural Rajasthan.

Regulatory Compliance

In accordance with SEBI regulations, Atishay Limited confirmed that this order does not constitute a related party transaction. The company clarified that neither the promoters nor any group companies have any interest in the awarding entity, ensuring the transaction maintains arm's length principles.

Market Impact

This work order further strengthens Atishay Limited's presence in the rural and cooperative banking ecosystem. The company's involvement in technology-enabled financial inclusion initiatives demonstrates its commitment to supporting digital transformation in India's cooperative banking sector. The successful execution of this project could potentially open doors to similar opportunities within the cooperative banking network across other states.

The new work order is expected to contribute to Atishay Limited's growth strategy and reinforce its position in the Micro ATM market, particularly in the context of rural banking services.