Fine Organic Industries Limited has reported mixed financial performance for Q3FY26, with declining profitability despite marginal revenue growth. The Mumbai-based specialty chemicals manufacturer announced its unaudited financial results for the quarter and nine months ended December 31, 2025, approved by the Board of Directors on February 12, 2026.

Financial Performance Overview

The company's quarterly performance showed contrasting trends in revenue and profitability metrics:

Nine-Month Performance Analysis

For the nine-month period ended December 31, 2025, the company demonstrated revenue growth but faced profitability challenges:

Exceptional Items and Insurance Settlement

The company recorded an exceptional item of ₹698.40 lakhs during the nine-month period, representing insurance settlement for business interruption. This relates to a fire incident that occurred on January 18, 2024, at a plant adjacent to the company's manufacturing facility, which caused temporary disruption of operations until November 2024. The insurance company has accepted and paid this amount as full and final settlement for business interruption.

Expense Analysis and Cost Pressures

The company faced increased cost pressures across multiple expense categories. Employee benefit expenses rose significantly to ₹4,326.40 lakhs in Q3FY26 from ₹3,099.21 lakhs in Q3FY25, representing a 39.6% increase. For the nine-month period, employee benefit expenses increased to ₹11,597.43 lakhs from ₹9,381.81 lakhs, marking a 23.6% rise.

The management provided an incremental estimated provision of ₹711.42 lakhs for gratuity based on actuarial valuation, following the Government of India's notification of four new Labour Codes on November 21, 2025.

Earnings Per Share and Capital Structure

Earnings per share for Q3FY26 stood at ₹22.22 compared to ₹29.03 in Q3FY25. For the nine-month period, EPS was ₹83.60 versus ₹98.21 in the corresponding period last year. The company maintained its paid-up equity share capital at ₹1,533.00 lakhs with a face value of ₹5 per share.

Consolidated Results

On a consolidated basis, the company reported net profit of ₹7,393.47 lakhs for Q3FY26 compared to ₹8,268.74 lakhs in Q3FY25. Consolidated revenue from operations increased to ₹55,480.40 lakhs from ₹51,683.92 lakhs, showing better growth momentum than standalone operations.

Fine Organic Industries Limited has scheduled a Board of Directors meeting for February 12, 2026, to review and approve its unaudited financial results for the third quarter of fiscal year 2026.

Board Meeting Details

The company announced on February 3, 2026, that the Board meeting will consider and approve both standalone and consolidated financial results for the quarter and nine months ended December 31, 2025. This announcement was made pursuant to Regulation 29(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Trading Window Closure

In accordance with the company's Internal Code of Conduct for Prevention of Insider Trading and SEBI (Prohibition of Insider Trading) Regulations, 2015, the trading window for dealing in equity shares remains closed. The closure period extends from January 1, 2026, to February 14, 2026, both days inclusive.

This trading window closure was previously communicated to the exchanges through a letter dated December 26, 2025, and continues to remain in effect during the financial results consideration period.

Stock Exchange Communication

The formal intimation was sent to both major Indian stock exchanges where the company's shares are listed:

Regulatory Compliance

The announcement demonstrates the company's adherence to regulatory requirements under SEBI guidelines. Company Secretary and Compliance Officer Pooja Lohor, with membership number A28397, signed the official communication digitally on February 3, 2026, at 11:33:11 +05'30'.

The company has requested both exchanges to disseminate this information on their respective websites to ensure proper disclosure to all stakeholders and market participants.