GAMCO Limited Reports Mixed Q3 FY26 Results with Quarterly Loss Despite Nine-Month Profit
GAMCO Limited reported Q3 FY26 results showing a standalone net loss of ₹392.27 crores, improved from ₹568.00 crore loss in Q3 FY25, while achieving nine-month profit of ₹284.17 crores. Revenue surged to ₹8,795.81 crores in Q3 FY26. The company completed acquisition of Uma Properties and Traders Limited and entered amalgamation scheme with Complify Trade Pvt Ltd expected to boost net worth by ₹4,243.37 lakhs.

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GAMCO Limited announced its Q3 FY26 financial results for the quarter ended December 31, 2025, presenting a mixed performance with quarterly losses contrasted by positive nine-month results. The company's Board of Directors approved the unaudited financial results at a meeting held on January 22, 2026.
Quarterly Financial Performance
The company reported a standalone net loss of ₹392.27 crores in Q3 FY26, representing an improvement from the ₹568.00 crore loss recorded in Q3 FY25. Despite the quarterly loss, revenue from operations witnessed substantial growth, reaching ₹8,795.81 crores compared to ₹160.93 crores in the corresponding quarter of the previous year.
| Financial Metric | Q3 FY26 | Q3 FY25 | Change |
|---|---|---|---|
| Revenue from Operations | ₹8,795.81 cr | ₹160.93 cr | +5,367% |
| Net Loss | ₹392.27 cr | ₹568.00 cr | Improved by 31% |
| Total Income | ₹8,804.57 cr | ₹190.46 cr | +4,523% |
| Total Expenses | ₹9,318.67 cr | ₹889.18 cr | +948% |
Nine-Month Performance Analysis
The nine-month period ended December 31, 2025, showed significantly better results with a standalone net profit of ₹284.17 crores, though this was lower than the ₹2,332.19 crores profit achieved in the corresponding nine-month period of FY25. Revenue from operations for the nine-month period reached ₹20,769.46 crores compared to ₹5,626.77 crores in the previous year.
| Nine-Month Metrics | FY26 (9M) | FY25 (9M) | Change |
|---|---|---|---|
| Revenue from Operations | ₹20,769.46 cr | ₹5,626.77 cr | +269% |
| Net Profit | ₹284.17 cr | ₹2,332.19 cr | -88% |
| Earnings Per Share | ₹0.53 | ₹4.32 | -88% |
Key Financial Ratios and Metrics
The company's financial position showed mixed indicators across various parameters. The debt-equity ratio increased to 4.72 in Q3 FY26 from 1.43 in Q3 FY25, indicating higher leverage. Net worth stood at ₹5,924.38 lakhs as of December 31, 2025, compared to ₹7,487.41 lakhs in the previous year.
| Key Ratios | Q3 FY26 | Q3 FY25 |
|---|---|---|
| Debt-Equity Ratio | 4.72 | 1.43 |
| Net Worth | ₹5,924.38 lakhs | ₹7,487.41 lakhs |
| Net Profit Margin | -4.46% | -298.23% |
| Capital to Risk-Weighted Assets Ratio | 34.74% | 44.98% |
Strategic Corporate Actions
During the quarter, GAMCO Limited completed the acquisition of 96.27% shares of Uma Properties and Traders Limited within the stipulated timeline, as per the share purchase agreement approved by the Board on September 24, 2025. This acquisition has made Uma Properties and Traders Limited a subsidiary of the company.
Additionally, the company entered into a scheme of amalgamation with Complify Trade Pvt Ltd, its wholly-owned subsidiary, pursuant to Section 233 of the Companies Act. The amalgamation scheme, approved by the Board on November 20, 2025, is subject to shareholder approval in the ensuing EGM and is expected to increase the company's net worth by ₹4,243.37 lakhs upon completion.
Consolidated Results Overview
On a consolidated basis, the company reported a net loss of ₹476.37 crores for Q3 FY26 compared to a loss of ₹492.76 crores in Q3 FY25. The consolidated revenue from operations reached ₹8,616.12 crores in Q3 FY26 versus ₹542.63 crores in the corresponding quarter of the previous year. For the nine-month period, consolidated net profit stood at ₹173.67 crores compared to ₹2,435.82 crores in the previous year.
The consolidated results include seven subsidiaries and six associates, with the company maintaining significant stakes across various business segments including retail, real estate, and other diversified operations.
Historical Stock Returns for Gamco
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +1.84% | -5.61% | -8.80% | -1.54% | -23.70% | +2,724.43% |







































