Incredible Industries Reports Q3FY26 Results with Revenue Growth and Profit Decline
Incredible Industries reported Q3FY26 revenue growth of 16.74% to ₹18,897.50 lacs, though net profit declined 40.70% to ₹179.35 lacs. Nine-month performance showed stronger results with 18.05% revenue growth to ₹62,086.29 lacs and 5.24% profit increase to ₹699.53 lacs. The Board approved results on 5th February, 2026, with statutory auditor review completed.

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Incredible Industries announced its unaudited financial results for the quarter and nine months ended 31st December, 2025, following a Board of Directors meeting held on 5th February, 2026. The Incredible Industries results were approved by the Board and reviewed by the company's statutory auditors.
Quarterly Financial Performance
The company's Q3FY26 performance showed mixed results with revenue growth but declining profitability. Revenue from operations increased to ₹18,897.50 lacs compared to ₹16,186.56 lacs in the corresponding quarter of the previous year, marking a growth of 16.74%.
| Financial Metric: | Q3FY26 | Q3FY25 | Change (%) |
|---|---|---|---|
| Revenue from Operations: | ₹18,897.50 lacs | ₹16,186.56 lacs | +16.74% |
| Total Income: | ₹18,968.64 lacs | ₹16,235.03 lacs | +16.84% |
| Net Profit: | ₹179.35 lacs | ₹302.54 lacs | -40.70% |
| Basic EPS: | ₹0.39 | ₹0.65 | -40.00% |
Despite the revenue growth, net profit declined significantly to ₹179.35 lacs from ₹302.54 lacs in Q3FY25, representing a decrease of 40.70%. The earnings per share also dropped to ₹0.39 from ₹0.65 in the previous year.
Nine-Month Performance Analysis
For the nine months ended 31st December, 2025, Incredible Industries demonstrated stronger overall performance with consistent growth across key metrics.
| Parameter: | Nine Months FY26 | Nine Months FY25 | Growth (%) |
|---|---|---|---|
| Revenue from Operations: | ₹62,086.29 lacs | ₹52,592.23 lacs | +18.05% |
| Total Income: | ₹62,195.31 lacs | ₹52,661.65 lacs | +18.11% |
| Net Profit: | ₹699.53 lacs | ₹664.65 lacs | +5.24% |
| Basic EPS: | ₹1.52 | ₹1.43 | +6.29% |
The nine-month revenue from operations grew by 18.05% to ₹62,086.29 lacs from ₹52,592.23 lacs in the corresponding period of the previous year. Net profit for the nine-month period increased to ₹699.53 lacs compared to ₹664.65 lacs, showing a growth of 5.24%.
Cost Structure and Operational Metrics
The company's cost structure revealed several key trends during Q3FY26. Cost of materials consumed increased to ₹17,678.17 lacs from ₹15,545.39 lacs in Q3FY25. Employee benefits expense rose to ₹246.55 lacs compared to ₹197.94 lacs in the previous year quarter.
Other notable operational highlights include:
- Finance costs decreased to ₹54.81 lacs from ₹74.17 lacs in Q3FY25
- Depreciation and amortization expense reduced to ₹119.09 lacs from ₹134.43 lacs
- Other expenses increased significantly to ₹1,421.99 lacs from ₹602.09 lacs
Corporate Governance and Compliance
The financial results were reviewed by the Audit Committee and approved by the Board of Directors in their meeting held on 5th February, 2026. The results have been duly reviewed by statutory auditors R. Gopal & Associates as required under Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The company maintains its paid-up equity share capital at ₹4,676.38 lacs with a face value of ₹10 per share. Incredible Industries operates within a single primary business segment of "Iron & Steel Products" and has no subsidiary, associate, or joint venture companies as of 31st December, 2025.
Historical Stock Returns for Incredible Industries
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -4.67% | -1.38% | -10.46% | -5.24% | -17.90% | +58.23% |
































