Bright Brothers Limited Reports Mixed Q3FY26 Performance with Consolidated Loss

2 min read     Updated on 11 Feb 2026, 02:58 PM
scanx
Reviewed by
Riya DScanX News Team
Overview

Bright Brothers Limited reported Q3FY26 results showing mixed performance with standalone revenue at ₹7,828.53 lakhs versus ₹7,716.84 lakhs in Q3FY25, but consolidated operations posted a loss of ₹138.33 lakhs against profit of ₹94.52 lakhs last year. Nine-month consolidated revenue grew to ₹28,344.02 lakhs from ₹25,037.25 lakhs, though profitability declined across both standalone and consolidated operations compared to the previous year.

32347682

*this image is generated using AI for illustrative purposes only.

Bright Brothers Limited has announced its unaudited financial results for the third quarter and nine months ended December 31, 2025, presenting a mixed performance across standalone and consolidated operations. The plastic manufacturing company's results were approved by the Board of Directors on February 11, 2026.

Standalone Financial Performance

The company's standalone operations demonstrated resilience with modest revenue growth during the quarter. Revenue from operations reached ₹7,828.53 lakhs in Q3FY26 compared to ₹7,716.84 lakhs in Q3FY25, marking a year-over-year increase.

Metric Q3FY26 Q3FY25 Q2FY26
Revenue from Operations ₹7,828.53 lakhs ₹7,716.84 lakhs ₹9,350.03 lakhs
Net Profit ₹15.01 lakhs ₹111.14 lakhs ₹257.62 lakhs
Basic EPS ₹0.26 ₹1.96 ₹4.54

For the nine-month period, standalone revenue increased to ₹26,459.54 lakhs from ₹24,840.43 lakhs in the corresponding period last year. Net profit for nine months stood at ₹564.23 lakhs compared to ₹708.74 lakhs in the previous year, with basic earnings per share at ₹9.93 versus ₹12.48.

Consolidated Results Show Challenges

The consolidated financial performance revealed operational challenges, particularly in the third quarter. The company reported a consolidated net loss of ₹138.33 lakhs in Q3FY26 against a profit of ₹94.52 lakhs in Q3FY25.

Parameter Q3FY26 Q3FY25 Nine Months FY26 Nine Months FY25
Consolidated Revenue ₹8,338.80 lakhs ₹7,913.19 lakhs ₹28,344.02 lakhs ₹25,037.25 lakhs
Consolidated Net Profit/(Loss) (₹138.33 lakhs) ₹94.52 lakhs ₹379.72 lakhs ₹665.48 lakhs
Consolidated Basic EPS (₹2.44) ₹1.66 ₹6.68 ₹11.72

Operational Highlights

The company's cost structure showed variations across quarters, with cost of materials consumed at ₹5,062.69 lakhs in Q3FY26 standalone operations compared to ₹5,254.59 lakhs in Q3FY25. Employee benefits expense increased to ₹790.32 lakhs from ₹676.66 lakhs year-over-year.

Bright Brothers operates manufacturing facilities across multiple locations including Pondicherry, Faridabad, Bhimtal, Dehradun, Pune, Haridwar, and Hosur. The company's business segment consists of manufacturing plastic moulded parts as per Indian Accounting Standard requirements.

Regulatory Compliance and Provisions

The company has recognized a provision of ₹34.49 lakhs towards past service costs in the financial results for the quarter and nine months ended December 31, 2025. This provision relates to the implementation of four Labour Codes brought into force by the Government of India from November 21, 2025, in accordance with Ind AS 19 Employee Benefits.

The financial results received an unmodified opinion from statutory auditors GMJ & Co, Chartered Accountants, who conducted the limited review as required under Regulation 33 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. The paid-up equity share capital remained stable at ₹568.02 lakhs with a face value of ₹10 per share.

Historical Stock Returns for Bright Brothers

1 Day5 Days1 Month6 Months1 Year5 Years
-12.96%-7.79%-12.25%-27.25%-44.36%+178.77%

Bright Brothers Limited Shareholders Approve Key Appointments and Reappointments at 78th AGM

2 min read     Updated on 25 Aug 2025, 02:36 PM
scanx
Reviewed by
Naman SScanX News Team
Overview

Bright Brothers Limited held its 78th Annual General Meeting on August 25, 2025. Shareholders approved several resolutions including the reappointment of Mr. Anil Kumar Bhandari as Independent Director for a second five-year term, and the appointment of Ms. Purnima Shetty as Secretarial Auditor for a five-year period. Other approved resolutions included adoption of financial statements, dividend declaration, re-appointment of Mr. Suresh Bhojwani as Chairman and Managing Director, and approval of remuneration for directors.

17658393

*this image is generated using AI for illustrative purposes only.

Bright Brothers Limited , a prominent player in the manufacturing sector, held its 78th Annual General Meeting (AGM) on August 25, 2025, where shareholders approved several significant resolutions, including the reappointment of key personnel and the appointment of a new Secretarial Auditor.

Reappointment of Independent Director

One of the notable outcomes of the AGM was the approval of Mr. Anil Kumar Bhandari's reappointment as an Independent Director for a second five-year term. The special resolution passed by shareholders extends Mr. Bhandari's tenure from September 9, 2025, through September 8, 2030.

Mr. Bhandari, who holds DIN 00031194, brings a wealth of experience to the board. A graduate in Economics from Madras University with a Masters from North Eastern University Boston, USA, he is a second-generation coffee grower in Coorg, Karnataka, with over 50 years of industry experience. His past roles include serving as Vice Chairman of the Coffee Board of India, demonstrating his expertise in the agricultural sector.

The company confirmed that Mr. Bhandari has not been debarred from holding directorship by SEBI or any other authority, ensuring compliance with regulatory requirements. His extensive experience in Business Management, Operations, and Strategic Planning is expected to continue benefiting Bright Brothers Limited in his renewed term.

Appointment of Secretarial Auditor

In another significant move, shareholders approved the appointment of Ms. Purnima Shetty as the company's Secretarial Auditor for a five-year period. Ms. Shetty, a Practicing Company Secretary since 2015, will serve in this role from FY 2025-26 to FY 2029-2030.

Ms. Shetty brings over two decades of corporate experience, including extensive knowledge in Company Law, Secretarial and Management Advisory Services, Legal Due Diligence, Transaction documents, Mergers and Acquisitions, Listing Regulations, and IBC. Her appointment is expected to strengthen the company's compliance and governance framework.

Other Key Resolutions

The AGM also saw the approval of several other important resolutions, including:

  • Adoption of Audited Standalone and Consolidated Financial Statements for FY 2024-25
  • Declaration of dividend on equity shares for FY 2024-25
  • Re-appointment of Mr. Suresh Bhojwani as Chairman and Managing Director
  • Ratification of remuneration for Cost Auditors for FY 2025-26
  • Approval of remuneration for Mr. Suresh Bhojwani and Mrs. Devika Bhojwani for their remaining terms
  • Payment of commission to Non-executive Directors

The meeting, which lasted from 11:30 a.m. to 12:30 p.m., provided a platform for shareholders to engage with the company's leadership. Mr. Karan Bhojwani, Whole-time Director, delivered a speech on behalf of the Chairman, highlighting the financial performance for FY 2024-25 and outlining business prospects for FY 2025-26.

These approvals and appointments reflect Bright Brothers Limited's commitment to maintaining strong corporate governance and ensuring experienced leadership at the helm of its operations. As the company moves forward, these strategic decisions are likely to play a crucial role in shaping its future growth and performance in the manufacturing sector.

Historical Stock Returns for Bright Brothers

1 Day5 Days1 Month6 Months1 Year5 Years
-12.96%-7.79%-12.25%-27.25%-44.36%+178.77%

More News on Bright Brothers

1 Year Returns:-44.36%