Bharat Seats Q3FY26 Results: Net Profit Rises 30% to ₹99 Crores, Revenue Up 60%
Bharat Seats Limited delivered exceptional Q3FY26 performance with revenue from operations growing 60% to ₹491.01 crores and net profit increasing 30% to ₹99.00 crores year-on-year. The nine-month results also showed consistent growth with revenue at ₹1,376.67 crores and net profit at ₹289.78 crores. The Board approved a postal ballot for enhanced material Related Party Transaction limits with Maruti Suzuki India Limited.
*this image is generated using AI for illustrative purposes only.
Bharat Seats Limited announced its unaudited financial results for the quarter ended December 31, 2025, demonstrating robust growth across key financial metrics. The company's Board of Directors approved the results at their meeting held on February 03, 2026, along with other significant corporate actions.
Strong Financial Performance in Q3FY26
The company delivered exceptional top-line growth during the quarter, with revenue from operations reaching ₹491.01 crores compared to ₹306.39 crores in the corresponding quarter of the previous year. Net profit for the quarter stood at ₹99.00 crores against ₹75.93 crores in Q3FY25, representing substantial business expansion and enhanced market presence.
| Financial Metrics: | Q3FY26 | Q3FY25 | Growth (%) |
|---|---|---|---|
| Revenue from Operations: | ₹491.01 crores | ₹306.39 crores | +60.24% |
| Total Income: | ₹491.96 crores | ₹307.04 crores | +60.23% |
| Net Profit: | ₹99.00 crores | ₹75.93 crores | +30.38% |
| Basic EPS: | ₹1.58 | ₹1.21 | +30.58% |
Nine-Month Performance Shows Consistent Growth
For the nine months ended December 31, 2025, the company maintained its growth trajectory with revenue from operations of ₹1,376.67 crores compared to ₹895.91 crores in the corresponding period of the previous year. Net profit for the nine-month period stood at ₹289.78 crores against ₹213.12 crores in the previous year.
| Nine-Month Metrics: | 9MFY26 | 9MFY25 | Growth (%) |
|---|---|---|---|
| Revenue from Operations: | ₹1,376.67 crores | ₹895.91 crores | +53.66% |
| Net Profit: | ₹289.78 crores | ₹213.12 crores | +35.96% |
| Basic EPS: | ₹4.61 | ₹3.39 | +36.02% |
Board Approves Material Related Party Transaction
The Board of Directors considered and approved a Notice of Postal Ballot seeking shareholders' approval for enhanced limits of material Related Party Transactions with Maruti Suzuki India Limited. The postal ballot notice will be dispatched to company members shortly.
Regulatory and Compliance Updates
The company's auditors, S.R. Batliboi & Co. LLP, provided an unqualified limited review report with no adverse remarks or modified opinions. However, they drew attention to an ongoing Income Tax Department search matter from an earlier year, noting that the company has filed appeals and rectification applications for demands totaling ₹2,243.72 lacs excluding penalties.
Impact of New Labour Codes
The company recognized an exceptional item of ₹137.37 lacs in Q3FY26 due to the implementation of India's New Labour Codes effective November 21, 2025. This one-time impact relates to revised employee benefit computations including gratuity and compensated absences.
Historical Stock Returns for Bharat Seats
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +7.36% | +9.66% | -13.62% | +38.13% | +81.70% | +81.70% |
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