Multiple Companies Including Euro Panel Products and Baba Arts Announce Q3 FY26 Results

3 min read     Updated on 13 Feb 2026, 10:59 AM
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Overview

Several Indian companies announced their Q3 FY26 unaudited financial results for the quarter ended December 31, 2025, under SEBI regulatory compliance. Key performers include Black Box Limited with consolidated total income of ₹1,659.58 crores and Baba Arts Limited reporting total income of ₹287.08 lakhs, while companies adapt to new labour code implementations.

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

Multiple Indian companies have announced their unaudited financial results for the third quarter of fiscal year 2026, covering the period ended December 31, 2025. The announcements came as part of regulatory compliance under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Max Financial Services Results Announcement

Max Financial Services announced that its Board of Directors approved the unaudited financial results for the quarter and nine months ended December 31, 2025, during a meeting held on February 11, 2026. The company made the results available on stock exchange websites and its corporate portal for stakeholder access.

Black Box Limited Financial Performance

Black Box Limited delivered detailed consolidated and standalone financial results for Q3 FY26. The company's performance metrics demonstrate varied operational outcomes across different business segments.

Consolidated Financial Results

Particulars: Q3 FY26 Q2 FY26 Q3 FY25 9M FY26 9M FY25
Total Income: ₹1,659.58 crores ₹1,584.59 crores ₹1,501.72 crores ₹4,630.91 crores ₹4,422.33 crores
Net Profit (After Tax): ₹49.68 crores ₹55.65 crores ₹56.08 crores ₹152.76 crores ₹144.31 crores
EBITDA: ₹146.91 crores ₹142.75 crores ₹133.51 crores ₹405.91 crores ₹382.83 crores
Basic EPS: ₹2.92 ₹3.28 ₹3.33 ₹8.98 ₹8.58

Standalone Financial Results

Particulars: Q3 FY26 Q2 FY26 Q3 FY25 9M FY26 9M FY25
Total Income: ₹102.87 crores ₹116.77 crores ₹87.13 crores ₹295.63 crores ₹252.40 crores
Net Profit (After Tax): ₹(1.34) crores ₹3.23 crores ₹1.46 crores ₹3.05 crores ₹(3.59) crores
EBITDA: ₹4.05 crores ₹8.14 crores ₹3.54 crores ₹14.52 crores ₹2.77 crores

Additional Company Announcements

Euro Panel Products Limited

Euro Panel Products Limited announced that its Board of Directors approved the unaudited standalone and consolidated financial results for the quarter ended December 31, 2025, during a meeting held on February 12, 2026. The results have been reviewed by the Audit Committee and are available on stock exchange websites and the company's investor relations webpage.

Baba Arts Limited Financial Performance

Baba Arts Limited reported its standalone unaudited financial results for Q3 FY26, showing operational performance across key metrics:

Particulars: Q3 FY26 9M FY26 FY25
Total Income from Operations: ₹287.08 lakhs ₹1,022.97 lakhs ₹688.53 lakhs
Net Profit After Tax: ₹5.18 lakhs ₹54.86 lakhs ₹143.84 lakhs
Total Comprehensive Income: ₹5.02 lakhs ₹54.64 lakhs ₹140.02 lakhs
Basic EPS: ₹0.010 ₹0.105 ₹0.274

The results were approved by the Board of Directors on February 11, 2026, following review by the Audit Committee.

Other Company Results

Natura Hue Chem Limited announced Board approval of unaudited standalone financial results on February 12, 2026, with results posted on company and BSE websites.

New Era Alkaloids and Exports Limited reported Board approval of unaudited standalone financial results on February 12, 2026, with results available on company website and MSEI Limited portal.

VAS Infrastructure Limited announced standalone unaudited financial results, noting the company remains under Corporate Insolvency Resolution Process (CIRP) with Resolution Professional oversight.

CNH Industrial Capital Performance

CNH Industrial Capital (India) Private Limited reported financial metrics for Q3 FY26:

Key Metrics: Q3 FY26 Q3 FY25 9M FY26 9M FY25
Total Income: ₹765.52 million ₹691.60 million ₹2,085.48 million ₹1,836.42 million
Net Profit (After Tax): ₹176.69 million ₹276.85 million ₹381.91 million ₹511.30 million
Net Worth: ₹5,894.92 million ₹5,441.77 million ₹5,894.92 million ₹5,441.77 million

Regulatory Compliance Impact

All companies highlighted compliance with SEBI regulations and the implementation of New Labour Codes effective November 21, 2025, which consolidated 29 existing labour regulations into four comprehensive codes. Black Box Limited specifically noted an exceptional item impact of ₹5.55 crores related to increased employee benefit provisions under the new regulations.

The financial results demonstrate varied performance across sectors, with companies adapting to regulatory changes while maintaining operational efficiency. Results are available on respective company websites and stock exchange portals for detailed stakeholder review.

Historical Stock Returns for Max Financial Services

1 Day5 Days1 Month6 Months1 Year5 Years
+1.31%+7.98%+10.53%+15.67%+68.44%+127.00%
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Max Financial Services Announces Subsidiary's Registered Office Relocation to Haryana

2 min read     Updated on 12 Feb 2026, 08:16 PM
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Overview

Max Financial Services Limited disclosed that its material subsidiary Axis Max Life Insurance Limited will shift its registered office from Punjab to Haryana effective February 16, 2026. The Board of Directors approved the relocation from Bhai Mohan Singh Nagar, Railmajra, Punjab to Plot no. 90-C, Sector-18, Urban Estate, Gurugram, Haryana, following regulatory approval from the Ministry of Corporate Affairs dated January 27, 2026. The decision was finalized during a Board meeting held on February 10-11, 2026, with the company maintaining full regulatory compliance throughout the process.

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

Max Financial Services Limited has announced that its material subsidiary, Axis Max Life Insurance Limited, will relocate its registered office from Punjab to Haryana. The company made this disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, confirming February 16, 2026 as the effective date for the office shift.

Office Relocation Details

The registered office relocation involves a complete interstate move from the current Punjab location to a new facility in Haryana. The transition represents a significant operational change for the insurance subsidiary.

Parameter: Details
Current Address: 419, Bhai Mohan Singh Nagar, Railmajra, Nawan Shehar, Tehsil Balachaur, Punjab – 144 533
New Address: Plot no. 90-C, Sector-18, Urban Estate, Gurugram, Haryana – 122 015
Effective Date: February 16, 2026
Approval Authority: Regional Director (Northern Region), Ministry of Corporate Affairs

Board Approval and Regulatory Compliance

The Board of Directors of Axis Max Life Insurance Limited convened a meeting on February 10, 2026, which was subsequently adjourned and reconvened on February 11, 2026. During this meeting, the directors noted the order from the Regional Director (Northern Region), Ministry of Corporate Affairs, New Delhi dated January 27, 2026, which approved the shifting of the registered office from Punjab state to Haryana state.

Meeting Details: Information
Meeting Start: February 10, 2026 at IST 08:30 hrs
Reconvened: February 11, 2026 at IST 15:30 hrs
Meeting Conclusion: February 11, 2026 at IST 15:45 hrs
Regulatory Approval Date: January 27, 2026

Previous Disclosures and Timeline

This announcement follows earlier disclosures made by the company on August 07, 2025 and February 3, 2026, indicating that the relocation process has been in planning stages for several months. The systematic approach demonstrates the company's commitment to regulatory compliance and transparent communication with stakeholders.

Corporate Structure Context

Axis Max Life Insurance Limited, formerly known as Max Life Insurance Co. Ltd., operates as a material subsidiary of Max Financial Services Limited. The insurance company is registered with IRDAI under registration number 104 and holds Corporate Identity Number U74899P82000PLC045626. The parent company, Max Financial Services Limited, maintains its corporate office in Noida while its registered office remains in Punjab.

The relocation to Gurugram positions the subsidiary in one of India's major financial hubs, potentially enhancing operational efficiency and business connectivity. The new address in Sector-18, Urban Estate, Gurugram represents a strategic move to a well-developed commercial area in Haryana.

Historical Stock Returns for Max Financial Services

1 Day5 Days1 Month6 Months1 Year5 Years
+1.31%+7.98%+10.53%+15.67%+68.44%+127.00%
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1 Year Returns:+68.44%