Coral India Finance and Housing Limited delivered impressive quarterly performance for Q3FY26, demonstrating strong operational efficiency and improved profitability metrics. The Mumbai-based finance and housing company reported significant growth in key financial parameters during the quarter ended December 31, 2025.

Financial Performance Highlights

The company's quarterly results showcased robust growth across major financial indicators. Net profit for Q3FY26 jumped 60.78% year-on-year to ₹375.31 lakhs, marking a substantial improvement from ₹233.41 lakhs reported in Q3FY25. This strong performance was supported by steady revenue growth and effective cost management strategies.

Nine-Month Performance Analysis

While quarterly results were encouraging, the nine-month performance presented a mixed picture. Total income for the nine months ended December 31, 2025, decreased to ₹1,692.22 lakhs from ₹2,236.63 lakhs in the corresponding period of the previous year, representing a decline of 24.33%. Net profit for the nine-month period stood at ₹1,209.50 lakhs compared to ₹1,514.37 lakhs in the previous year, showing a decrease of 20.13%.

Segment-wise Business Performance

The company operates primarily in two business segments: Investment and Construction. The Investment segment continued to be the dominant revenue contributor, generating ₹549.06 lakhs in Q3FY26 compared to ₹441.92 lakhs in Q3FY25. The Construction segment showed minimal activity during the quarter with no revenue reported, compared to negative ₹1.74 lakhs in the previous year quarter.

Operational Efficiency and Cost Management

Total expenses for Q3FY26 were well-controlled at ₹78.85 lakhs, significantly lower than ₹156.82 lakhs in Q3FY25, demonstrating effective cost management. Employee benefits expense remained stable at ₹24.26 lakhs, while other expenses decreased substantially to ₹52.59 lakhs from ₹133.00 lakhs in the corresponding quarter last year.

Balance Sheet Strength

The company maintained a strong balance sheet with total assets of ₹22,821.83 lakhs as of December 31, 2025. The Investment segment assets stood at ₹19,974.46 lakhs, while Construction segment assets were ₹1,480.79 lakhs. Total liabilities remained manageable at ₹1,603.96 lakhs, indicating a healthy financial position.

Corporate Governance and Compliance

The unaudited financial results were reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on February 12, 2026. The results were prepared in accordance with Indian Accounting Standards (Ind AS) and comply with SEBI regulations. The company's statutory auditors conducted a limited review of the financial results, ensuring transparency and regulatory compliance.

Coral India Finance and Housing Limited (CIFHL) has reported a robust financial performance for the first quarter of the fiscal year 2025-26, with significant growth in revenue and profit.

Financial Highlights

• Total income for Q1 FY26 stood at ₹660.46 crore, up 83% from ₹360.43 crore in the previous quarter.
• Revenue from operations reached ₹458.09 crore.
• Other income contributed ₹202.37 crore to the total revenue.
• The company reported a total profit of ₹481.20 crore for the quarter.
• Earnings per share (EPS) for Q1 FY26 was ₹4.34.

Segment Performance

CIFHL operates in two main segments:

1. Investment Segment: Generated revenue of ₹816.28 crore
2. Construction Segment: Contributed ₹173.38 crore to the total revenue

Balance Sheet Overview

Board Meeting and Auditor's Review

The company's Board of Directors approved the unaudited standalone financial statements for the quarter ended June 30, 2025, at a meeting held on August 14, 2025. The meeting commenced at 11:35 a.m. and concluded at 12:50 p.m.

Hasmukh Shah & Co. LLP, Chartered Accountants, conducted an independent auditor's review of the quarterly standalone financial results. The review was performed in accordance with the Standard on Review Engagement (SRE) 2410, as issued by the Institute of Chartered Accountants of India (ICAI).

Management Commentary

Navin Doshi, Chairman & Managing Director of Coral India Finance and Housing Limited, stated, "We are pleased with our strong start to the fiscal year 2025-26. The significant growth in our total income and profitability demonstrates the resilience of our business model and the effectiveness of our strategic initiatives."

Conclusion

Coral India Finance and Housing Limited has shown impressive growth in both its Investment and Construction segments, contributing to a strong overall performance for the quarter. The company's substantial year-over-year growth in revenue and profit indicates a positive start to the fiscal year 2025-26.

Note: All financial figures are in Indian Rupees (₹) and are on a standalone basis.