Ganges Securities Q3FY26 Results: Net Profit Declines 4.4% YoY to ₹101.60 Lakhs
Ganges Securities Limited reported Q3FY26 standalone net profit of ₹101.60 lakhs, down 4.4% from ₹106.27 lakhs in Q3FY25, while revenue declined 2.7% to ₹177.35 lakhs. However, nine-month standalone performance showed improvement with net profit rising 5.2% to ₹467.37 lakhs. Consolidated results demonstrated stronger quarterly performance with net profit of ₹145.76 lakhs versus ₹79.60 lakhs in Q3FY25, despite revenue decline in the tea business segment. The company operates through investing business and tea operations via subsidiary Cinnatolliah Tea Limited.
*this image is generated using AI for illustrative purposes only.
Ganges Securities Limited announced its unaudited financial results for the quarter ended December 31, 2025, showing mixed performance across its standalone and consolidated operations. The company, engaged in investing business and tea operations through its subsidiary, reported results that reflect varying trends in its different business segments.
Standalone Financial Performance
The company's standalone operations showed a modest decline in profitability for Q3FY26. Key financial metrics demonstrated the following performance:
| Metric | Q3FY26 | Q3FY25 | Change (%) |
|---|---|---|---|
| Revenue from Operations | ₹177.35 lakhs | ₹182.26 lakhs | -2.7% |
| Net Profit After Tax | ₹101.60 lakhs | ₹106.27 lakhs | -4.4% |
| Total Income | ₹184.98 lakhs | ₹188.51 lakhs | -1.9% |
| Total Expenses | ₹49.57 lakhs | ₹45.23 lakhs | +9.6% |
Revenue composition included interest income of ₹60.16 lakhs and dividend income of ₹117.19 lakhs for Q3FY26. The company maintained its earnings per share at ₹1.02 compared to ₹1.06 in the previous year quarter.
Nine-Month Performance Shows Growth
Despite the quarterly decline, the nine-month period ending December 31, 2025 demonstrated positive momentum for standalone operations:
| Parameter | Nine Months FY26 | Nine Months FY25 | Growth (%) |
|---|---|---|---|
| Total Revenue | ₹743.50 lakhs | ₹727.46 lakhs | +2.2% |
| Net Profit | ₹467.37 lakhs | ₹444.09 lakhs | +5.2% |
| Earnings per Share | ₹4.67 | ₹4.44 | +5.2% |
The nine-month results indicate sustained business performance with improved profitability metrics compared to the corresponding period in the previous financial year.
Consolidated Results Reflect Diversified Operations
The consolidated financial results, which include the tea business through subsidiary Cinnatolliah Tea Limited, showed significantly different performance patterns:
| Metric | Q3FY26 Consolidated | Q3FY25 Consolidated | Change (%) |
|---|---|---|---|
| Total Revenue | ₹1,124.25 lakhs | ₹1,310.40 lakhs | -14.2% |
| Net Profit | ₹145.76 lakhs | ₹79.60 lakhs | +83.1% |
| Tea Business Revenue | ₹947.15 lakhs | ₹1,103.02 lakhs | -14.1% |
The consolidated nine-month net profit reached ₹539.53 lakhs compared to ₹877.27 lakhs in the previous year, reflecting the impact of operational challenges in the tea segment.
Segment-wise Analysis
The company operates through two primary business segments with distinct performance characteristics:
Investing Business Segment:
- Q3FY26 revenue: ₹177.10 lakhs
- Segment profit: ₹148.23 lakhs
- Nine-month revenue: ₹634.24 lakhs
Tea Business Segment:
- Q3FY26 revenue: ₹947.15 lakhs
- Segment profit: ₹74.12 lakhs
- Nine-month revenue: ₹2,676.55 lakhs
Other Comprehensive Income Impact
Both standalone and consolidated results were significantly affected by other comprehensive income movements, primarily related to items that will not be reclassified to profit or loss. The standalone other comprehensive loss of ₹3,490.48 lakhs in Q3FY26 resulted in total comprehensive loss of ₹3,388.88 lakhs despite the operational profit.
Corporate Governance and Compliance
The Board of Directors approved these unaudited financial results at their meeting held on February 11, 2026. The results have undergone limited review by statutory auditors J K V S & C O, Chartered Accountants, and comply with Indian Accounting Standards and SEBI listing regulations. The company maintains its paid-up equity share capital at ₹1,000.37 lakhs with a face value of ₹10 per share.
Historical Stock Returns for Ganges Securities
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.64% | +7.53% | +2.43% | -15.03% | -21.58% | +100.82% |
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