Indef Manufacturing Limited has announced its unaudited financial results for the third quarter ended December 31, 2025, following the board meeting held on February 10, 2026. The company reported strong performance across both standalone and consolidated operations, demonstrating continued growth momentum in the material handling equipment sector.

Financial Performance Overview

The company's standalone operations showed robust performance with revenue from operations reaching ₹4,862.98 lakhs for Q3FY26, representing growth from ₹4,421.67 lakhs in the corresponding quarter of the previous year. Total income including other income stood at ₹5,338.29 lakhs compared to ₹4,752.27 lakhs in Q3FY25.

Consolidated Results and Subsidiary Integration

On a consolidated basis, the company reported revenue from operations of ₹5,063.79 lakhs for Q3FY26, up from ₹4,473.96 lakhs in the same quarter last year. The consolidated results include the financial performance of subsidiary companies, including Daedalus Lift & Access Equipments Private Limited, which became a subsidiary with effect from August 22, 2025.

Nine-Month Performance

For the nine months ended December 31, 2025, standalone revenue from operations reached ₹13,460.59 lakhs compared to ₹12,512.82 lakhs in the corresponding period last year. Net profit for the nine-month period stood at ₹1,876.17 lakhs versus ₹2,410.36 lakhs in the previous year.

Exceptional Items and Regulatory Impact

The company recorded exceptional items of ₹38.68 lakhs in standalone results and ₹38.89 lakhs in consolidated results for the quarter. This relates to the impact of new Labour Codes notified by the Government of India on November 21, 2025, which resulted in increased gratuity and leave encashment liability.

Earnings Per Share and Board Meeting Details

The company reported basic and diluted earnings per share of ₹1.94 for Q3FY26 on a standalone basis and ₹1.53 on a consolidated basis. The board meeting commenced at 11:50 AM IST and concluded at 1:45 PM IST on February 10, 2026, with unanimous approval of the financial results by the Board of Directors based on the Audit Committee's recommendation.

Indef Manufacturing Limited has announced its financial results for the second quarter of fiscal year 2025-26, revealing a mixed performance with revenue growth accompanied by a decline in profitability.

Revenue Growth

The company reported a consolidated revenue of ₹493.10 crore for Q2 FY2025-26, marking an increase from ₹427.73 crore in the same quarter of the previous year. This represents a year-over-year growth of approximately 15.3% in top-line performance.

Profit Decline

Despite the revenue growth, Indef Manufacturing experienced a decrease in net profit. The company's consolidated net profit for Q2 stood at ₹63.00 crore, down from ₹113.00 crore in the corresponding quarter of the previous year, indicating a significant decline of about 44.2%.

Financial Performance Overview

Here's a breakdown of the key financial metrics for Q2 FY2025-26:

Segment Performance

Indef Manufacturing operates in a single primary segment of Material Handling Equipment, as disclosed in their financial results.

Balance Sheet Highlights

As of September 30, 2025, the company reported:

• Total assets of ₹3,125.96 crore
• Total equity of ₹2,570.97 crore

The company has not provided specific management commentary on the factors contributing to the revenue growth or the reasons behind the profit decline in the given information. Additionally, no forward-looking statements or guidance for future quarters were included in the available information.