Grauer & Weil (India) Limited announced its unaudited financial results for the quarter and nine months ended December 31, 2025, showing mixed performance with revenue growth offset by declining profitability. The Board of Directors approved these results at their meeting held on February 13, 2026.

Quarterly Financial Performance

The company's standalone operations demonstrated resilience with revenue from operations reaching ₹28,793 lakhs in Q3FY26, representing a 5.3% increase from ₹27,346 lakhs in Q3FY25. However, profitability faced headwinds as net profit declined to ₹3,366 lakhs compared to ₹4,297 lakhs in the corresponding quarter of the previous year.

Nine-Month Performance Analysis

For the nine-month period ended December 31, 2025, the company maintained steady growth momentum with revenue from operations increasing 4.4% to ₹82,469 lakhs from ₹78,959 lakhs in the corresponding period last year. Despite revenue growth, net profit contracted to ₹11,627 lakhs from ₹13,123 lakhs, reflecting margin pressures.

Segment-wise Business Performance

The Surface Finishings segment continued to be the primary revenue contributor, generating ₹27,560 lakhs in Q3FY26 compared to ₹24,658 lakhs in Q3FY25. The Engineering segment contributed ₹1,295 lakhs, while the Shoppertainment segment recorded minimal revenue of ₹11 lakhs due to ongoing operational challenges.

Consolidated Results Overview

On a consolidated basis, the company reported revenue from operations of ₹29,063 lakhs in Q3FY26 versus ₹27,480 lakhs in Q3FY25. Consolidated net profit for the quarter stood at ₹3,233 lakhs compared to ₹4,312 lakhs in the previous year. For the nine-month period, consolidated revenue grew to ₹83,507 lakhs from ₹79,358 lakhs, while net profit decreased to ₹11,451 lakhs from ₹13,144 lakhs.

Operational Challenges and Outlook

The company's mall operations remain temporarily suspended pursuant to an order dated March 5, 2025, by the Maharashtra Pollution Control Board. Grauer & Weil has filed a special leave petition before the Supreme Court, and pending adjudication, no provision has been made in the books of accounts relating to this matter. The company's other business segments continue to function without disruption, supporting overall operational stability.

Grauer & Weil , a leading player in the chemicals, engineering, and paints sectors, has reported mixed financial results for the half year ended September 30, 2025.

Financial Highlights

The company's consolidated net profit for the half year reached Rs 82.60 crore, marking a 6.4% decrease from Rs 88.30 crore in the same period last year. Despite this decline, Grauer & Weil demonstrated resilience in a challenging economic environment.

Grauer & Weil's revenue from operations for the half year increased to Rs 536.80 crore, up 4% from Rs 516.10 crore year-on-year. This growth suggests continued demand for the company's products and services across its diverse business segments.

For the quarter ended September 30, 2025, the company reported:

• Net profit of Rs 38.90 crore, a 3.5% increase from Rs 37.60 crore in the corresponding quarter last year
• Quarterly revenue growth of 13% to Rs 287.40 crore, up from Rs 254.30 crore

Segment Performance

The company operates in three main segments:

1. Surface Finishings (largest contributor)
2. Engineering
3. Shoppertainment

While specific segment-wise performance details were not provided, the overall revenue growth indicates positive momentum across these divisions.

Operational Update

It's important to note that the mall operation under the Shoppertainment segment remains temporarily suspended following a March 5, 2025 order by the Maharashtra Pollution Control Board. The company has filed a special leave petition before the Supreme Court regarding this matter. All other business segments continue to function without disruption.

Key Financial Metrics

Looking Ahead

Despite the challenges faced in the mall operations, Grauer & Weil's diverse business portfolio spanning chemicals, engineering, and surface finishings positions it well to navigate market fluctuations. The company's ability to grow revenue and maintain profitability in most segments demonstrates its resilience.

Investors and market watchers will likely keep a close eye on how Grauer & Weil addresses the ongoing issues with its mall operations and leverages its strengths in the Surface Finishings segment to drive future growth.

Note: All financial figures are based on the consolidated results for the half year and quarter ended September 30, 2025, as reported by the company.