Dollar Industries Reports Q3FY26 Results with Revenue Growth Despite Profit Decline
Dollar Industries Limited reported Q3FY26 results showing revenue growth of 2.75% to ₹38,821.68 lakhs but net profit declined to ₹1,920.85 lakhs from ₹1,945.47 lakhs YoY. Nine-month performance was stronger with revenue up 8.44% to ₹124,235.72 lakhs and net profit surging 25.05% to ₹7,432.46 lakhs. The company continues its corporate restructuring through a composite scheme of arrangement involving multiple entities, with regulatory approvals pending.

*this image is generated using AI for illustrative purposes only.
Dollar Industries Limited announced its unaudited financial results for the third quarter of FY26, ending December 31, 2025, presenting a mixed performance with revenue growth offset by declining quarterly profitability. The garment and hosiery manufacturer's Board of Directors approved these results on February 11, 2026, following review by the Audit Committee and limited review by statutory auditors.
Quarterly Financial Performance
The company's standalone operations showed modest revenue growth in Q3FY26, though profitability faced pressure compared to the previous year. Revenue from operations increased to ₹38,821.68 lakhs from ₹37,781.15 lakhs in Q3FY24, marking a growth of 2.75%. However, net profit declined to ₹1,920.85 lakhs compared to ₹1,945.47 lakhs in the corresponding quarter of the previous year.
| Metric | Q3FY26 | Q3FY25 | Q3FY24 | Change (QoQ) | Change (YoY) |
|---|---|---|---|---|---|
| Revenue from Operations | ₹38,821.68 lakhs | ₹47,028.94 lakhs | ₹37,781.15 lakhs | -17.45% | +2.75% |
| Total Income | ₹38,915.38 lakhs | ₹47,176.18 lakhs | ₹37,964.49 lakhs | -17.51% | +2.50% |
| Net Profit | ₹1,920.85 lakhs | ₹3,549.14 lakhs | ₹1,945.47 lakhs | -45.88% | -1.27% |
| Basic EPS | ₹3.38 | ₹6.26 | ₹3.43 | -46.01% | -1.46% |
Nine-Month Performance Shows Strength
The nine-month performance demonstrated the company's underlying business resilience, with both revenue and profitability showing substantial improvement over the previous year. Revenue from operations for the nine months ended December 31, 2025, reached ₹124,235.72 lakhs, representing an 8.44% increase from ₹114,561.52 lakhs in the corresponding period of FY25.
Net profit for the nine-month period surged to ₹7,432.46 lakhs compared to ₹5,943.22 lakhs in the previous year, marking a significant growth of 25.05%. This strong performance translated to earnings per share of ₹13.10 for the nine-month period, up from ₹10.48 in the previous year.
Consolidated Results and Subsidiary Performance
The consolidated financial results reflected similar trends, with the company's subsidiary Dollar Garments Private Limited and joint venture Pepe Jeans Innerfashion Private Limited contributing to overall performance. Consolidated revenue from operations for Q3FY26 stood at ₹38,843.12 lakhs, while consolidated net profit attributable to owners reached ₹1,835.81 lakhs.
For the nine-month period, consolidated revenue grew to ₹125,941.46 lakhs from ₹116,133.37 lakhs, with net profit attributable to owners increasing to ₹7,485.07 lakhs from ₹6,178.73 lakhs in the previous year.
Corporate Restructuring and Regulatory Updates
The company continues to progress with its composite scheme of arrangement approved by the Board on September 26, 2025. This scheme involves Dollar Industries Limited as the transferee company along with eight other entities including Dindayal Texpro Private Limited, ADDS Projects Private Limited, and others. The arrangement aims to reduce substantial related party transactions and has been submitted to BSE and NSE for approval before proceeding to NCLT.
Regarding regulatory changes, the company assessed the impact of the New Labour Codes that became effective from November 21, 2025, and reported no significant impact on financial results for the current quarter and nine-month period. The company continues monitoring the finalization of supporting rules and regulations.
Financial Position and Outlook
The company maintained its paid-up equity share capital at ₹1,134.32 lakhs with shares of ₹2 each. Other equity stood at ₹85,350.22 lakhs as of March 31, 2025. The business continues to operate within a single primary segment of garment and hosiery manufacturing and related services, maintaining its focus on this core area of expertise.
Historical Stock Returns for Dollar Industries
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.36% | +1.15% | +0.01% | -7.10% | -23.28% | +29.14% |


































