Hilltone Software & Gases Limited announced its unaudited standalone financial results for the quarter ended December 31, 2025, demonstrating strong operational performance across key financial metrics. The Board of Directors approved these results during their meeting held on February 12, 2026, at the company's registered office.

Financial Performance Overview

The company delivered impressive financial results for Q3FY26, showing significant improvement across revenue and profitability metrics compared to the corresponding period last year.

Quarterly Performance Analysis

The company's revenue from operations reached ₹663.55 lacs in Q3FY26, representing a substantial increase from ₹140.29 lacs in the same quarter of the previous year. Total expenditure for the quarter was ₹561.83 lacs, resulting in a profit from operations of ₹101.72 lacs before other income and interest.

Other income contributed ₹10.67 lacs to the overall performance, while financial costs remained controlled at ₹2.33 lacs. After accounting for tax expenses of ₹11.34 lacs, the company achieved a net profit of ₹98.72 lacs for the quarter.

Nine-Month Performance

For the nine months ended December 31, 2025, the company reported net sales of ₹1,241.85 lacs compared to ₹544.19 lacs in the corresponding period of the previous year. Net profit for the nine-month period stood at ₹41.85 lacs against ₹30.80 lacs in the previous year.

Segment-wise Performance

The company operates across three main segments: gases, engineering department (heat exchanger), and software. For Q3FY26, the engineering department contributed significantly with revenue of ₹532.72 lacs, while the gases segment generated ₹130.82 lacs. The engineering department showed strong profitability with a segment result of ₹95.99 lacs.

Capital Structure

The paid-up equity share capital increased to ₹1,317.78 lacs as of December 31, 2025, from ₹1,093.08 lacs in the previous year, reflecting the company's capital expansion initiatives.

Regulatory Compliance

The financial results were prepared in accordance with Indian Accounting Standard 34 (Ind AS 34) for interim financial reporting and comply with Regulation 33 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. The statutory auditors Ashvin K. Yagnik & Co. conducted a limited review of the standalone financial results and provided an unqualified review report.

Hilltone Software and Gas Limited has reported its revised financial results for the quarter and half-year ended September 30, 2025, following board approval on December 24, 2025. The company shows mixed performance with significant revenue growth offset by operational challenges leading to substantial losses.

Board Meeting and Regulatory Compliance

The Board of Directors meeting held on December 24, 2025, from 5:00 PM to 5:40 PM at the registered office, considered and approved the revised unaudited financial results for Q2 FY26. The results comply with Regulation 33 of SEBI Listing Regulations and include a limited review report from statutory auditors Ashvin K. Yagnik & Co.

Quarterly Performance Highlights

The company's second quarter performance for FY2026 reflects operational difficulties despite revenue expansion:

Half-Year Financial Results

For the six months ended September 30, 2025, the company maintained its challenging trajectory:

Segment Performance Analysis

The company's business segments showed varied performance with gas sales driving growth while software sales remained nil:

Cost Structure and Operational Challenges

The company's shift from profitability to losses stems from increased operational expenses. Total expenditure for Q2 FY26 reached ₹412.95 lakh compared to ₹207.00 lakh in the corresponding quarter of the previous year, representing a 99.50% increase that significantly outpaced revenue growth.

Financial Position and Balance Sheet

The company's balance sheet as of September 30, 2025, shows strengthened asset base:

The paid-up equity share capital remains stable at ₹1,093.08 lakh with a face value of ₹10 per share. The financial results were reviewed by the Audit Committee and approved by the Board of Directors, with statutory auditors conducting a limited review of the standalone financial results.