Aviva Industries Limited has announced its unaudited standalone financial results for the quarter ended December 31, 2025, demonstrating significant operational improvement and profitability turnaround. The company, engaged in trading of agriculture products, reported substantial revenue growth and returned to profitability after previous period losses.

Financial Performance Overview

The company's financial performance showed remarkable improvement across key metrics during Q3FY26. Revenue from operations reached ₹1,378.30 lacs, marking a substantial increase from the previous quarter's ₹301.55 lacs and representing a complete turnaround from nil revenue in the corresponding quarter of the previous year.

Profitability and Tax Management

The company achieved a net profit of ₹89.07 lacs for Q3FY26, compared to a net loss of ₹4.87 lacs in Q3FY25, representing a significant turnaround in profitability. The profit before tax stood at ₹122.95 lacs, with total tax expenses of ₹33.88 lacs, including current tax of ₹33.43 lacs and earlier period tax effect of ₹0.45 lacs.

Nine-Month Performance

For the nine-month period ended December 31, 2025, Aviva Industries reported strong cumulative performance with total revenue of ₹1,679.85 lacs compared to nil revenue in the corresponding previous period. The company achieved a net profit of ₹94.70 lacs for the nine-month period, contrasting sharply with a net loss of ₹6.86 lacs in the previous year.

Earnings Per Share and Capital Structure

The company's earnings per share improved significantly to ₹5.94 for Q3FY26 from a loss per share of ₹0.32 in Q3FY25. For the nine-month period, earnings per share reached ₹6.32 compared to a loss per share of ₹0.46 in the previous year. The paid-up equity share capital remained stable at ₹149.90 lacs with a face value of ₹10.00 per share.

Expense Analysis

The company's expense structure reflected its trading operations, with purchases of stock-in-trade constituting the major expense component at ₹1,348.21 lacs for Q3FY26. Changes in inventories showed a favorable impact of ₹145.49 lacs, while legal and professional fees increased to ₹40.01 lacs from ₹23.12 lacs in the previous quarter.

Board Approval and Compliance

The financial results were reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on January 28, 2026. The company operates in a single business segment of trading agriculture products and has received a limited review report from statutory auditors S K Bhavsar & Co. as per SEBI regulations.

Aviva Industries Limited announced the successful allotment of 80,60,000 equity shares through the conversion of fully convertible equity warrants, marking a significant expansion in the company's equity base. The Board of Directors approved this allotment during their meeting held on January 20, 2026, pursuant to SEBI regulations.

Warrant Conversion Details

The company converted 80,60,000 fully convertible equity warrants at an issue price of ₹28.00 per warrant. These warrants were initially allotted to five non-promoter category investors on a preferential basis between January 6-17, 2026. Each equity share carries a face value of ₹10.00.

The warrant allotment schedule was structured across multiple dates:

Equity Share Distribution

The conversion resulted in equity share allotment across five non-promoter investors. The distribution shows relatively balanced allocation among the recipients:

Capital Structure Impact

The warrant conversion has substantially increased Aviva Industries' paid-up equity share capital. The company's capital structure transformation reflects significant growth in its equity base:

Regulatory Compliance

The allotment was conducted in accordance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Board meeting, which commenced at 5:10 PM and concluded at 5:50 PM on January 20, 2026, formally approved the conversion process. The company has informed the Bombay Stock Exchange about this development, maintaining transparency with stakeholders and regulatory compliance.