Bhartiya International Limited has delivered impressive financial results for the third quarter of FY2026, showcasing strong operational performance and significant growth across key financial metrics. The fashion apparel and accessories company reported its unaudited financial results for the quarter and nine months ended December 31, 2025.

Standalone Financial Performance

The company's standalone operations demonstrated robust growth momentum during Q3FY26. Revenue from operations reached ₹312.67 crores, representing a substantial 33.2% increase from ₹234.26 crores recorded in Q3FY25.

The company's profitability metrics showed remarkable improvement, with net profit surging 183.5% to ₹6.68 crores compared to ₹2.36 crores in the corresponding quarter of the previous year. This significant enhancement in profitability reflects improved operational efficiency and better cost management.

Nine-Month Performance Highlights

For the nine-month period ended December 31, 2025, Bhartiya International maintained its strong performance trajectory. Revenue from operations totaled ₹885.92 crores, marking a 35.3% increase from ₹653.86 crores in the corresponding nine-month period of FY25.

The nine-month net profit reached ₹32.20 crores, representing a 63.9% improvement over the ₹19.65 crores achieved in the same period last year. This consistent growth pattern demonstrates the company's ability to sustain momentum throughout the fiscal year.

Consolidated Results Show Recovery

The consolidated financial results reflected the company's comprehensive business performance including its subsidiaries and associates. Consolidated revenue for Q3FY26 stood at ₹365.95 crores compared to ₹262.97 crores in Q3FY25, indicating strong growth across the group's operations.

The consolidated results showed a remarkable turnaround with the company reporting a net profit of ₹6.70 crores in Q3FY26 compared to a net loss of ₹1.52 crores in Q3FY25, indicating successful recovery and improved group-wide performance.

Operational Efficiency and Cost Management

The company's expense management showed disciplined approach with total expenses for Q3FY26 at ₹303.29 crores compared to ₹231.14 crores in Q3FY25. Despite higher absolute expenses due to increased business scale, the company maintained healthy profit margins through effective operational leverage.

Employee benefit expenses increased to ₹17.51 crores from ₹13.94 crores, while finance costs rose marginally to ₹12.01 crores from ₹11.35 crores. The company noted the implementation impact of New Labour Codes amounting to ₹1.88 crores in employee benefit expenses for the quarter and nine-month period.

Corporate Developments

The company's Board of Directors approved the financial results at their meeting held on February 11, 2026. The results have been prepared in accordance with Indian Accounting Standards (Ind AS) and have undergone limited review by statutory auditors. Bhartiya International operates in a single business segment of fashion apparels and accessories including intermediaries, maintaining focus on its core competency area.

Bhartiya International has disclosed that its wholly owned subsidiary Ultima SA has approved the incorporation of a new step-down subsidiary in the United Kingdom. The announcement was made on January 15th, 2026, following a Board of Directors meeting of Ultima SA held on the same date.

Corporate Structure and Investment Details

The new subsidiary will be established as a wholly owned subsidiary of Ultima SA, making it a step-down subsidiary of Bhartiya International Limited. The investment structure and shareholding details are outlined below:

Business Operations and Industry Focus

The newly incorporated subsidiary will operate in the textile and apparel business sector, aligning with Bhartiya International's core business activities. The primary objective of this UK subsidiary is to support the company's business operations in the United Kingdom, facilitating the expansion of its textile and apparel business in the region.

Regulatory Compliance and Approvals

According to the company's disclosure, no governmental or regulatory approval is required for the incorporation of the proposed wholly owned subsidiary. The announcement was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Strategic Implications

This incorporation represents Bhartiya International's strategic expansion into international markets through its subsidiary structure. The establishment of the UK subsidiary through Ultima SA demonstrates the company's commitment to strengthening its presence in international textile and apparel markets. The step-down subsidiary structure allows for efficient business operations and management in the United Kingdom while maintaining the parent company's control through Ultima SA.

The company has confirmed that detailed information regarding this incorporation will be made available on its official website at www.bhartiya.com , ensuring transparency and accessibility for stakeholders and investors.