Belrise Industries Q3FY26 Results: Revenue Up 8.03%, Board Approves Amalgamation
Belrise Industries delivered robust Q3FY26 performance with consolidated revenue growth of 8.03% to ₹23.40 billion and net profit increase of 21.25% to ₹1.22 billion. The company's nine-month performance showed even stronger growth with 15.62% revenue increase and 49.39% profit growth. The Board approved significant corporate actions including an amalgamation scheme and ₹100 crore commercial paper issuance.

*this image is generated using AI for illustrative purposes only.
Belrise Industries Limited has announced its Q3FY26 financial results for the quarter ended December 31, 2025, demonstrating strong operational performance with consolidated revenue growth and improved profitability across key metrics.
Q3FY26 Financial Performance
The company delivered robust quarterly results with significant growth in revenue and profitability:
| Metric: | Q3FY26 | Q3FY25 | Growth (%) |
|---|---|---|---|
| Consolidated Revenue: | ₹23,405.24 million | ₹21,667.64 million | +8.03% |
| Consolidated Net Profit: | ₹1,219.73 million | ₹1,005.98 million | +21.25% |
| Standalone Revenue: | ₹18,213.99 million | ₹17,800.73 million | +2.32% |
| Standalone Net Profit: | ₹1,167.49 million | ₹913.64 million | +27.78% |
Nine-Month Performance
For the nine months ended December 31, 2025, the company showed strong year-to-date performance:
| Parameter: | 9M FY26 | 9M FY25 | Growth (%) |
|---|---|---|---|
| Consolidated Revenue: | ₹69,562.72 million | ₹60,164.69 million | +15.62% |
| Consolidated Net Profit: | ₹3,666.35 million | ₹2,454.27 million | +49.39% |
| Standalone Revenue: | ₹54,213.68 million | ₹47,946.93 million | +13.07% |
| Standalone Net Profit: | ₹3,421.39 million | ₹2,221.83 million | +53.98% |
Board Meeting Outcomes
The Board of Directors meeting held on January 31, 2026, approved several significant corporate actions:
| Decision: | Details |
|---|---|
| Financial Results: | Unaudited standalone and consolidated results for Q3 and 9M FY26 |
| Amalgamation Scheme: | Merger of Badve Autocomps Pvt Ltd and Eximius Infra Tech Solutions Pvt Ltd |
| Commercial Paper: | Issuance of commercial papers aggregating ₹100 crores |
| Auditor Opinion: | Unmodified opinion on financial results |
Exceptional Items Impact
The company reported exceptional items of ₹64.08 million in Q3FY26, primarily related to the statutory impact of new Labour Codes notified by the Government of India in November 2025. This impact includes incremental provisions for Gratuity (₹47.60 million) and Compensated Absences (₹16.48 million) due to changes in wage definition under the consolidated labour laws.
Earnings Per Share Performance
The company's earnings per share showed improvement across both standalone and consolidated operations:
| EPS Metric: | Standalone Q3FY26 | Consolidated Q3FY26 | Previous Year Q3 |
|---|---|---|---|
| Basic EPS: | ₹1.39 | ₹1.45 | ₹1.00-2.00 |
| Diluted EPS: | ₹1.39 | ₹1.45 | ₹1.00-2.00 |
Subsidiary Performance
The consolidated results include performance from the company's wholly owned subsidiaries including Badve Engineering Trading FZE (UAE), H One India Private Limited, Belrise Defence & Aerospace Private Limited (India), and step-down subsidiary Belrise SDM (France). The subsidiary operations contributed ₹5,193.64 million in revenue and ₹54.35 million in net profit for the quarter.
Historical Stock Returns for Belrise Industries
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +1.26% | +2.24% | +17.42% | +32.77% | +92.72% | +92.72% |


































