Neelkanth Limited Reports Strong Q3FY26 Performance with Profit Turnaround
Neelkanth Limited reported strong Q3FY26 results with net profit of ₹41.45 lakhs versus loss of ₹5.13 lakhs in Q3FY25. Revenue from operations surged 114.53% to ₹136.84 lakhs. Nine-month performance showed profit of ₹41.72 lakhs against previous year's loss of ₹22.09 lakhs, with revenue growing 37.72% to ₹327.99 lakhs. The agro-focused company demonstrated improved operational efficiency and strong business recovery.

*this image is generated using AI for illustrative purposes only.
Neelkanth Limited has announced its unaudited financial results for the quarter and nine months ended December 31, 2025, demonstrating a strong operational turnaround. The Mumbai-based company, which operates primarily in the agro products segment through rice trading, reported significant improvements across key financial metrics during the third quarter of FY26.
Financial Performance Highlights
The company's quarterly performance showed remarkable improvement compared to the previous year. Net profit for Q3FY26 reached ₹41.45 lakhs, a substantial turnaround from the loss of ₹5.13 lakhs reported in Q3FY25. This represents the company's strongest quarterly performance in recent periods.
| Metric | Q3FY26 | Q3FY25 | Change |
|---|---|---|---|
| Revenue from Operations | ₹136.84 lakhs | ₹63.79 lakhs | +114.53% |
| Total Income | ₹193.26 lakhs | ₹63.79 lakhs | +203.00% |
| Net Profit/(Loss) | ₹41.45 lakhs | (₹5.13 lakhs) | Turnaround |
| Basic EPS | ₹0.95 | (₹0.12) | Positive |
Nine-Month Performance Analysis
For the nine-month period ended December 31, 2025, Neelkanth Limited continued its positive trajectory. The company achieved a net profit of ₹41.72 lakhs compared to a loss of ₹22.09 lakhs in the corresponding period of the previous year. Revenue from operations for the nine-month period stood at ₹327.99 lakhs, representing a growth of 37.72% from ₹238.19 lakhs in the previous year.
| Parameter | 9M FY26 | 9M FY25 | Growth |
|---|---|---|---|
| Revenue from Operations | ₹327.99 lakhs | ₹238.19 lakhs | +37.72% |
| Total Income | ₹384.70 lakhs | ₹239.02 lakhs | +60.95% |
| Net Profit/(Loss) | ₹41.72 lakhs | (₹22.09 lakhs) | Turnaround |
| Basic EPS | ₹0.96 | (₹0.51) | Positive |
Operational Efficiency and Cost Management
The company demonstrated improved operational efficiency during the quarter. Total expenses for Q3FY26 were ₹140.11 lakhs compared to ₹68.92 lakhs in Q3FY25. Despite higher absolute expenses due to increased business activity, the company maintained better cost control relative to revenue growth. The profit before tax for the quarter stood at ₹53.15 lakhs, a significant improvement from the loss of ₹5.13 lakhs in the previous year.
Segment Performance
Neelkanth Limited operates primarily in the agro segment, focusing on rice trading activities. The segment revenue for Q3FY26 was ₹136.84 lakhs compared to ₹63.79 lakhs in Q3FY25. For the nine-month period, agro segment revenue reached ₹327.99 lakhs against ₹238.19 lakhs in the previous year. The segment results showed profit before tax and interest of ₹11.56 lakhs for Q3FY26 compared to ₹4.37 lakhs in Q3FY25.
Corporate Governance and Compliance
The Board of Directors, chaired by Yogesh Dawda (Chairman & Whole Time Director), approved these results at their meeting held on January 30, 2026. The Audit Committee reviewed the results, and statutory auditors Pathak H. D. & Associates LLP conducted a limited review of the quarterly and nine-month results. The company maintains compliance with SEBI regulations, with the trading window set to reopen after 48 hours of the results announcement as per insider trading norms.
Historical Stock Returns for Neelkanth Rockminerals
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -100.00% | -100.00% | -100.00% | -100.00% | -100.00% | -100.00% |




























