Krsnaa Diagnostics Q3FY26 Results: Revenue Growth Amid Profit Decline

2 min read     Updated on 30 Jan 2026, 12:33 PM
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Reviewed by
Shriram SScanX News Team
Overview

Krsnaa Diagnostics announced mixed Q3FY26 results with consolidated revenue growing 3.84% to ₹1,812.01 million year-over-year, while net profit declined 21.48% to ₹152.46 million. The healthcare diagnostics company showed stronger nine-month performance with revenue up 9.24% and profit increasing 4.88%, though it continues facing tax assessment challenges with ₹513.86 million in demands under appeal across multiple years.

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*this image is generated using AI for illustrative purposes only.

Krsnaa Diagnostics has announced its Q3FY26 financial results for the quarter ended December 31, 2025, showing revenue growth alongside declining profitability. The healthcare diagnostics company reported mixed performance with consolidated net profit of ₹152.46 million compared to ₹194.15 million in the same quarter of the previous year, representing a year-over-year decrease of 21.48%.

Financial Performance Overview

The company's Q3FY26 results demonstrate contrasting trends across key financial metrics. While consolidated revenue showed positive momentum, net profitability faced significant headwinds during the quarter.

Metric: Q3FY26 Q3FY25 Change (%)
Consolidated Revenue: ₹1,812.01 million ₹1,745.12 million +3.84%
Consolidated Net Profit: ₹152.46 million ₹194.15 million -21.48%
Standalone Revenue: ₹1,594.32 million ₹1,651.57 million -3.47%
Standalone Net Profit: ₹164.92 million ₹216.00 million -23.63%

Revenue Performance Analysis

Krsnaa Diagnostics achieved consolidated revenue from operations of ₹1,812.01 million in Q3FY26, marking growth from ₹1,745.12 million recorded in the corresponding quarter of the previous year. This revenue expansion of 3.84% reflects the company's continued market presence in the healthcare diagnostics sector.

However, standalone revenue from operations declined to ₹1,594.32 million from ₹1,651.57 million year-over-year, indicating mixed performance across different business segments.

Nine-Month Performance Metrics

For the nine months ended December 31, 2025, the company demonstrated stronger overall performance with consolidated revenue reaching ₹5,801.70 million compared to ₹5,310.84 million in the corresponding period last year, representing growth of 9.24%.

Parameter: 9M FY26 9M FY25 Growth (%)
Consolidated Revenue: ₹5,801.70 million ₹5,310.84 million +9.24%
Consolidated Net Profit: ₹597.11 million ₹569.32 million +4.88%
Standalone Revenue: ₹5,179.29 million ₹5,070.42 million +2.15%
Standalone Net Profit: ₹592.93 million ₹617.46 million -3.97%

Tax Assessment Challenges

The company continues to face ongoing tax assessment proceedings following search operations conducted under sections 132(1) and 133A of the Income Tax Act, 1961. The Income Tax authorities have raised a total demand of ₹513.86 million across multiple assessment years from AY 2017-18 to AY 2023-24.

Krsnaa Diagnostics has filed appeals against these assessment orders and paid ₹102.77 million under protest. The company received additional show cause notices dated January 7, 2026, for AY 2018-19 and AY 2019-20, and has submitted preliminary information in response.

Earnings Per Share Performance

The company's earnings per share metrics reflect the profit decline, with consolidated basic EPS for Q3FY26 at ₹4.72 compared to ₹6.01 in the same quarter last year. For the nine-month period, consolidated basic EPS improved to ₹18.45 from ₹17.63 year-over-year, indicating better cumulative performance despite quarterly challenges.

Historical Stock Returns for Krsnaa Diagnostics

1 Day5 Days1 Month6 Months1 Year5 Years
-2.24%-4.29%-7.32%-21.40%-8.42%-34.22%

Krsnaa Diagnostics CFO Pawan Daga Resigns After Five Years of Service

1 min read     Updated on 15 Jan 2026, 08:37 PM
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Reviewed by
Jubin VScanX News Team
Overview

Krsnaa Diagnostics has announced CFO Pawan Daga's resignation effective January 19, 2026, after five years of service. The company filed regulatory disclosures with stock exchanges citing personal and professional priorities as the reason for departure. Management acknowledged Daga's contributions to company growth during his tenure and confirmed compliance with all SEBI disclosure requirements.

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*this image is generated using AI for illustrative purposes only.

Krsnaa Diagnostics has announced the resignation of its Chief Financial Officer, Mr. Pawan Daga, effective January 19, 2026. The healthcare diagnostics company informed stock exchanges about this key managerial personnel change through a regulatory filing on January 15, 2026.

Resignation Details

The company filed the disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. According to the filing, Daga's last working day will be until the close of business hours on January 19, 2026.

Parameter Details
Position Chief Financial Officer (Key Managerial Personnel)
Reason for Resignation Personal and Professional priorities
Date of Cessation Close of business hours on January 19, 2026
Tenure with Company Five years

Management's Acknowledgment

The management has placed on record its sincere appreciation for Daga's services during his five-year tenure with Krsnaa Diagnostics. The company specifically acknowledged his contribution to the organization's growth during this period.

In his resignation letter dated January 15, 2026, Daga expressed gratitude for the trust, opportunities, and support extended by the Board and management team. He highlighted his experience working with the finance function and various financial and strategic initiatives aimed at strengthening the company's financial health and governance framework.

Regulatory Compliance

The disclosure was made in compliance with multiple SEBI regulations and circulars, including:

  • Regulation 30(6) read with clause 7C of Para A of Part A of schedule III of the SEBI Listing Regulations
  • SEBI Circular No SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024
  • SEBI/HO/CFD/CFD-PoD-2/CIR/P/2024/185 dated December 31, 2024

The filing was signed by Sujoy Sudipta Bose, Company Secretary and Compliance Officer of Krsnaa Diagnostics Limited. The company has confirmed that there are no other reasons beyond personal and professional priorities for the CFO's resignation.

About the Departure

Daga confirmed in his resignation letter that the decision was made after careful consideration of his personal and professional priorities. He expressed confidence that the finance function is well-positioned for continued success and conveyed his thanks to the Board, senior management team, and colleagues for the enriching experience.

Historical Stock Returns for Krsnaa Diagnostics

1 Day5 Days1 Month6 Months1 Year5 Years
-2.24%-4.29%-7.32%-21.40%-8.42%-34.22%

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1 Year Returns:-8.42%