Longspur International Ventures Limited has delivered impressive financial performance for the third quarter of fiscal year 2026, showcasing substantial growth across key financial metrics. The company, formerly known as Confidence Finance and Trading Limited, submitted its unaudited standalone financial results for the quarter and nine months ended December 31, 2025, to BSE Limited on February 10, 2026.

Strong Quarterly Performance

The company's third quarter results demonstrate remarkable improvement in profitability and operational efficiency. Net profit for Q3 FY26 reached ₹30.26 lacs, marking a substantial increase of 459% compared to ₹5.41 lacs reported in the corresponding quarter of the previous year.

Nine-Month Financial Highlights

For the nine-month period ended December 31, 2025, Longspur International Ventures continued to show positive momentum with net profit of ₹66.30 lacs, representing a 68% increase from ₹39.46 lacs in the corresponding period of the previous year.

Operational Efficiency and Cost Management

The company demonstrated improved operational efficiency during the quarter. Purchase of traded goods amounted to ₹144.57 lacs for Q3 FY26, while changes in inventories showed a positive impact of ₹90.50 lacs. Employee benefit expenses for the quarter were ₹6.39 lacs, down from ₹13.62 lacs in Q3 FY25. Financial costs increased to ₹7.25 lacs from ₹3.80 lacs in the previous year's corresponding quarter.

Earnings Per Share and Capital Structure

The company's earnings per share (EPS) for Q3 FY26 stood at ₹0.022 for both basic and diluted calculations, compared to ₹0.004 in Q3 FY25. For the nine-month period, EPS reached ₹0.049, up from ₹0.029 in the previous year. The paid-up equity share capital remained stable at ₹1,365.00 lacs with a face value of ₹10 per share.

Board Approval and Compliance

The financial results were reviewed by the Audit Committee and approved by the Board of Directors during their meeting held on February 10, 2026. The meeting commenced at 4:00 PM and concluded at 5:45 PM. The company has filed these results in compliance with Regulation 33 of SEBI (LODR) Regulations, 2015, and the results are available on the company's website. The limited review was conducted by A K Kocchar & Associates, Chartered Accountants, who provided an unqualified review report on the unaudited standalone financial results.

Longspur International Ventures Limited (formerly known as Confidence Finance and Trading Limited) has submitted corrected standalone financial results for the half-year ended September 2025, addressing a technical error in their initial filing. The company's performance shows mixed results when compared to the previous year, with a significant drop in revenue but an increase in profitability.

Key Financial Highlights

Filing Correction

The company disclosed that it had mistakenly uploaded a quarterly cash flow statement instead of the required half-yearly results due to a file-selection error during the submission process. This incident highlights the importance of robust internal controls and validation processes in financial reporting.

Financial Performance Analysis

Despite a substantial decrease in revenue, Longspur International Ventures has managed to increase its profitability. This improvement in bottom-line performance, despite top-line contraction, suggests potential enhancements in operational efficiency or cost management strategies.

Quarterly Performance Insights

Examining the most recent quarterly data provides additional context to the company's financial situation:

The quarterly comparison reveals a positive trend, with improvements across revenue, net profit, and earnings per share (EPS) from the previous quarter.

Operational Efficiency

The company's operating profit margin (OPM) for the quarter ended September 2025 stood at 56.72%, an improvement from 52.31% in the previous quarter and 4.34% in the same quarter last year. This substantial increase in OPM indicates enhanced operational efficiency and cost management.

Conclusion

While Longspur International Ventures faces challenges in revenue generation compared to the previous year, its ability to improve profitability and operational efficiency is noteworthy. The company's focus on rectifying reporting errors also demonstrates a commitment to transparency and accurate financial disclosure.

Investors and stakeholders may want to monitor the company's performance in the coming quarters to assess whether the positive trends in profitability and operational efficiency are sustainable amidst the significant revenue decline.