Indo Thai Securities Limited has announced robust financial results for the third quarter ended December 31, 2025, showcasing exceptional growth across key performance metrics. The securities and financial services company demonstrated remarkable operational strength with significant improvements in profitability and revenue generation.

Outstanding Financial Performance

The company delivered exceptional standalone financial results for Q3FY26, with net profit experiencing extraordinary growth of 1203% year-on-year. Revenue from operations also witnessed substantial expansion, reflecting the company's strong market position and effective business strategies.

The remarkable revenue growth was primarily driven by net profit on fair value changes of ₹2,086.52 lakhs in Q3FY26 compared to ₹128.50 lakhs in the corresponding quarter of the previous year. Commission income also contributed significantly at ₹264.69 lakhs, while interest income reached ₹399.92 lakhs.

Nine-Month Performance Highlights

For the nine months ended December 31, 2025, the company maintained its strong performance trajectory with revenue from operations reaching ₹6,526.88 lakhs compared to ₹2,427.70 lakhs in the corresponding period of FY25. Net profit for the nine-month period stood at ₹4,025.64 lakhs, representing substantial growth from ₹1,108.93 lakhs in the previous year.

Key Leadership Changes

The Board of Directors approved significant changes in key managerial personnel during their 377th meeting held on January 13, 2026. Mr. Deepak Sharma resigned as Chief Financial Officer effective January 13, 2026, after business hours.

Mr. Nishit Doshi brings substantial expertise in the securities and financial services sector, with particular strength in regulatory compliance and financial reporting.

Business Expansion Initiatives

The company announced plans for strategic business expansion, with the Board authorizing evaluation of necessary strategies for future growth. Key focus areas include:

• Setting up an Alternative Investment Fund (AIF) Model
• Subject to regulatory approvals
• Authorization to Business Strategy Committee for further decisions

Consolidated Results and Segment Performance

On a consolidated basis, the company reported revenue from operations of ₹2,771.01 lakhs for Q3FY26, with net profit of ₹1,700.23 lakhs. The consolidated results include performance from four subsidiary companies: Indo Thai Realities Limited, Indo Thai Globe Fin (IFSC) Limited, Femto Green Hydrogen Limited, and Indo Thai Financial Services Limited.

Segment-wise performance showed equities, broking and other related activities contributing ₹2,767.59 lakhs to total segment revenue, while real estate activities contributed ₹14.85 lakhs and manufacturing activities added ₹1.40 lakhs.

Regulatory Compliance and Audit

The financial results were reviewed by the Audit Committee and approved by the Board of Directors in their meeting held on January 13, 2026. The Statutory Auditor conducted a Limited Review of the financial results with no qualifications reported. The results comply with Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Indo Thai Securities Limited delivered exceptional financial performance in Q3FY26, reporting remarkable growth across all key metrics for the quarter ended December 31, 2025. The stock broking and financial services company announced these results following its 377th Board Meeting held on January 13, 2026.

Outstanding Financial Performance

The company's standalone financial results demonstrated exceptional growth momentum with net profit surging significantly year-on-year. The performance was driven by strong operational efficiency and favorable market conditions.

Revenue Composition and Growth Drivers

The company's revenue growth was primarily attributed to exceptional performance in fair value changes and consistent growth in core business segments. Interest income showed robust growth of 143% to ₹399.92 lakhs from ₹164.71 lakhs in Q3FY25. Fees and commission income remained stable at ₹264.69 lakhs compared to ₹249.40 lakhs in the previous year.

The standout performer was net profit on fair value changes, which reached ₹2,086.52 lakhs compared to ₹128.50 lakhs in Q3FY25, contributing significantly to the overall revenue surge.

Nine-Month Performance Highlights

For the nine-month period ended December 31, 2025, Indo Thai Securities maintained its strong performance trajectory with total revenue reaching ₹6,526.88 lakhs against ₹2,427.70 lakhs in the corresponding period of the previous year.

Key Management Changes

The Board of Directors approved significant changes in key managerial personnel during the meeting. Mr. Deepak Sharma resigned as Chief Financial Officer effective January 13, 2026, after the closing of business hours. The company appointed Mr. Nishit Doshi as the new Chief Financial Officer with effect from January 14, 2026.

Mr. Nishit Doshi brings extensive experience in finance, accounting, and financial operations within the securities and financial services sector. He holds a Master's degree in Finance and possesses expertise in financial planning, budgeting, performance monitoring, regulatory compliance, and financial reporting.

Consolidated Results and Business Expansion

The consolidated financial results showed similar strong performance with net profit of ₹1,700.23 lakhs for Q3FY26 compared to ₹95.55 lakhs in Q3FY25. The company operates through its subsidiary companies including Indo Thai Realties Limited, Indo Thai Globe Fin (IFSC) Limited, Femto Green Hydrogen Limited, and Indo Thai Financial Services Limited.

The Board also discussed strategies for future growth and expansion, including the evaluation of setting up an Alternative Investment Fund (AIF) Model, subject to regulatory approvals. The Business Strategy Committee has been authorized to take further decisions in this matter.

Operational Efficiency and Cost Management

Total expenses for Q3FY26 increased marginally to ₹455.74 lakhs from ₹390.05 lakhs in Q3FY25, demonstrating effective cost management despite significant business growth. Employee benefit expenses rose to ₹181.81 lakhs from ₹137.36 lakhs, while fees and commission expenses decreased to ₹87.31 lakhs from ₹115.75 lakhs in the previous year.