Devine Impex Limited has delivered exceptional financial performance in Q3FY26, with the company reporting a significant surge in profitability and revenue growth. The Board of Directors approved the unaudited financial results for the quarter and nine months ended December 31, 2025, during their meeting held on February 12, 2026.

Outstanding Q3FY26 Performance

The company demonstrated remarkable growth across key financial metrics during the third quarter. Net profit for Q3FY26 reached ₹10.09 lakhs, marking an impressive 515% increase compared to ₹1.64 lakhs reported in Q3FY25. This exceptional growth was supported by strong revenue performance, with total income from operations rising to ₹45.59 lakhs, representing a 36% year-on-year increase from ₹33.50 lakhs.

Sequential Quarter Improvement

Comparing with the previous quarter (Q2FY26), Devine Impex Limited maintained strong momentum. Revenue increased from ₹37.31 lakhs in Q2FY26 to ₹45.59 lakhs in Q3FY26, while net profit surged from ₹3.01 lakhs to ₹10.09 lakhs, demonstrating consistent operational improvements and business growth.

Nine-Month Performance Overview

For the nine months ended December 31, 2025, the company reported total revenue of ₹95.08 lakhs with a net profit of ₹11.98 lakhs, compared to ₹3.70 lakhs in the corresponding period of the previous year. This represents a substantial improvement in the company's overall financial health and operational efficiency.

Cost Management and Operational Efficiency

The company's improved profitability can be attributed to effective cost management strategies. Total expenses for Q3FY26 were ₹31.94 lakhs compared to ₹30.88 lakhs in Q3FY25, showing controlled expense growth despite higher revenue. The major expense components included changes in inventories of stock-in-trade (₹28.31 lakhs), employee benefits expense (₹1.07 lakhs), and other expenses (₹2.56 lakhs).

Corporate Governance and Compliance

The financial results were reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on February 12, 2026. The Board Meeting commenced at 12.00 P.M. and concluded at 12.30 P.M. The statutory auditors, Deepak Jindal & Co., Chartered Accountants (Firm Registration No. 023023N), conducted a limited review of the unaudited financial results in accordance with Standard on Review Engagements (SRE) 2410. The company maintains a paid-up equity share capital of ₹953.22 lakhs with a face value of ₹10.00 per share, which remained unchanged during the reporting period.

Devine Impex Limited , a Mohali-based company, has reported a significant downturn in its financial performance for the first quarter. The company's unaudited financial results, approved by the Board of Directors on August 12, reveal a stark contrast to its performance in the same period last year.

Financial Highlights

• Net Loss: The company reported a net loss of Rs 1.13 crore for the quarter ended June 30, compared to a profit of Rs 0.66 crore in the corresponding quarter of the previous year.
• Revenue: Revenue from operations saw a substantial decline, dropping to Rs 12.19 crore from Rs 25.26 crore year-over-year, marking a decrease of approximately 51.70%.
• Expenses: Total expenses stood at Rs 13.32 crore, primarily driven by:
  • Purchase of stock in trade: Rs 8.23 crore
  • Changes in inventories: Rs 1.34 crore
• Earnings Per Share (EPS): The company's EPS turned negative at Rs 0.01.

Financial Results Overview

Management Commentary and Operational Insights

The financial results were reviewed by the Audit Committee and subsequently approved by the Board of Directors at a meeting held on August 12. The meeting, which commenced at 12:00 PM and concluded at 12:30 PM, also saw the presence of the company's statutory auditors who carried out a limited review of the unaudited financial results.

Neeraj Jain, the Managing Director of Devine Impex Limited, signed off on the financial statements, emphasizing the company's commitment to transparency and compliance with regulatory requirements.

Segment Information and Capital Structure

Devine Impex Limited continues to operate in a single business segment, as noted in their financial disclosure. The company's paid-up equity share capital remains unchanged at Rs 953.22 crore, with shares having a face value of Rs 10 each.

Auditor's Review

Deepak Jindal & Co., Chartered Accountants, conducted a review of the financial results in accordance with the Standard on Review Engagements (SRE) 2410. The auditors stated that nothing has come to their attention that causes them to believe that the financial results do not present a true and fair view in accordance with applicable accounting standards and other recognized accounting practices and policies.

The unaudited financial results reflect the challenges faced by Devine Impex Limited in the current economic environment. The significant reduction in revenue and the swing from profit to loss indicate a tough quarter for the company. Stakeholders will be keenly watching the company's performance in the coming quarters for signs of recovery and the effectiveness of any strategic measures taken to address these financial challenges.