B&A Limited has received independent auditor review reports for its Q3FY26 unaudited financial results from Salarpuria & Partners, Chartered Accountants. The tea plantation and packaging company's quarterly results have been reviewed and approved under SEBI Listing Obligations and Disclosure Requirements Regulation 33, showing mixed performance across standalone and consolidated operations.

Independent Auditor Review Process

Salarpuria & Partners conducted comprehensive reviews of both standalone and consolidated financial results for the quarter and nine months ended December 31, 2025. The auditors expressed unmodified conclusions on the financial statements, confirming compliance with Indian Accounting Standard 34 (Ind AS 34) for Interim Financial Reporting.

Standalone Financial Performance

The company's standalone operations showed contrasting trends between revenue growth and profitability during Q3FY26. The audited results revealed significant challenges in the bottom line despite improved operational revenue.

For the nine-month period, standalone operations recorded a net profit of Rs 1,274.96 lacs compared to Rs 1,405.66 lacs in the corresponding previous period, representing a decline of 9.30%.

Consolidated Financial Results

The consolidated results, encompassing B&A Limited as parent company and B&A Packaging India Limited as subsidiary, demonstrated stronger performance with positive profitability during Q3FY26.

Segment-wise Performance Analysis

The company operates across multiple business segments with detailed performance metrics available for consolidated operations:

Regulatory Compliance and Labour Code Impact

The auditors noted the company's compliance with newly notified Labour Codes by the Government of India, effective from November 21, 2025. Based on actuarial valuation, the company accounted for Rs 1.19 lacs in standalone operations and Rs 6.51 lacs in consolidated operations towards additional gratuity as past service cost due to revised wage definitions.

Board Approvals and Management Changes

The financial results were reviewed by the Audit Committee and approved by the Board of Directors on February 14, 2026. Additionally, the board approved the re-appointment of Mr. Somnath Chatterjee as Managing Director for a three-year term from April 1, 2026 to March 31, 2029, subject to shareholder approval.

A B Infrabuild Limited has reported robust financial performance for the third quarter of fiscal year 2026, with net profit rising 16.1% year-on-year to ₹612.09 lakh. The infrastructure company's results for the quarter and nine months ended December 31, 2025, were approved by the Board of Directors at a meeting held on February 13, 2026.

Quarterly Financial Performance

The company's quarterly results showed strong profitability despite a marginal decline in revenue. Net profit for Q3FY26 increased to ₹612.09 lakh from ₹527.23 lakh in the corresponding quarter of the previous year. Revenue from operations stood at ₹7,440.82 lakh, compared to ₹7,504.36 lakh in Q3FY25.

Nine-Month Performance Shows Strong Growth

The nine-month performance demonstrated significant improvement across key financial parameters. Net profit for the nine months ended December 31, 2025, reached ₹1,337.10 lakh, marking a substantial 42.4% increase from ₹939.19 lakh in the corresponding period of the previous year. Revenue from operations grew to ₹17,227.42 lakh from ₹13,642.33 lakh, representing a 26.3% year-on-year growth.

Operational Efficiency and Cost Management

The company demonstrated improved operational efficiency during the quarter. Cost of construction for Q3FY26 was ₹8,151.11 lakh compared to ₹6,338.51 lakh in the previous year. However, the company benefited from favorable changes in inventories, which showed a positive impact of ₹2,090.18 lakh compared to ₹64.28 lakh in Q3FY25. Financial costs increased to ₹227.65 lakh from ₹154.67 lakh, while employee benefits expense rose to ₹96.24 lakh from ₹73.35 lakh in the corresponding quarter.

Corporate Actions and Share Capital

The company's paid-up equity share capital stood at ₹6,387.89 lakh as of December 31, 2025, compared to ₹5,323.24 lakh in the previous year. This increase follows the subdivision of equity shares approved by shareholders at the Annual General Meeting held on September 29, 2025. Each equity share of ₹10 was subdivided into 10 equity shares of ₹1 each, effective from the record date of October 17, 2025. The earnings per share calculations have been adjusted accordingly to reflect the new share structure.

The financial results were subject to limited review by the company's statutory auditors, who issued an unqualified report. The company operates primarily in the infrastructure segment and continues to focus on its core business activities in this sector.