Olympic Cards Ltd has delivered a strong financial turnaround in Q3FY26, reporting significant profit growth and operational improvements. The Chennai-based manufacturer of wedding cards and related products announced its quarterly results for the period ended December 31, 2025, showing remarkable recovery from previous year losses.

Financial Performance Highlights

The company's Q3FY26 performance demonstrates substantial improvement across key metrics:

The company achieved net sales of ₹335.65 lakhs in Q3FY26, representing a growth of 47.62% compared to ₹227.40 lakhs in Q3FY25. Total income surged to ₹559.83 lakhs from ₹231.27 lakhs, primarily driven by other income of ₹224.18 lakhs which increased due to profit on sale of factory land and building.

Nine-Month Performance

For the nine-month period ended December 31, 2025, Olympic Cards reported equally impressive results:

Board Decisions and Corporate Actions

The Board of Directors, meeting on February 12, 2026, approved several key decisions for FY2026-27:

Capital Expenditure and Budgets:

• Approved annual operating plans and budgets for 2026-27
• Sanctioned capital expenditure up to ₹10 lakhs
• Approved repairs and renewals expenditure up to ₹10 lakhs

Management Changes:

• Re-appointed Mr. S. Senthilnathan as Internal Auditor for 2026-27
• Revised Company Secretary Mr. S. Kuppan's salary from ₹35,000 to ₹30,000 per month
• Continued existing remuneration for Statutory Auditors

Related Party Transactions

The Board approved significant related party transactions for 2026-27, subject to shareholder approval:

The company also approved unsecured interest-free loans from directors totaling ₹900 lakhs, with ₹400 lakhs from Managing Director Mr. N. Mohamed Faizal and ₹500 lakhs from Director Mrs. S. Jarina.

Operational Challenges

Despite strong financial performance, the company disclosed certain compliance issues:

• Outstanding GST dues totaling approximately ₹2.92 crores for 2018-19, with appeals filed
• EPF payables of ₹6.46 lakhs for the period from April 2025
• ESI dues of ₹27,257 for the same period

The results were reviewed by the Audit Committee and approved by the Board of Directors. Olympic Cards operates primarily in manufacturing and trading of wedding cards, with operations spanning Chennai and Coimbatore through multiple locations.

Olympic Cards Limited has announced that its board of directors will convene on February 12, 2026, to review and approve the company's unaudited financial results for the third quarter of fiscal year 2026. The meeting is scheduled in compliance with SEBI regulations governing listed companies' disclosure requirements.

Meeting Details and Regulatory Compliance

The board meeting will take place at the company's registered office located at No. 195, N.S.C. Bose Road, Chennai-600 001. The primary agenda includes consideration, approval, and recording of the unaudited financial results for both the quarter and nine months ended December 31, 2025.

Publication and Disclosure Requirements

Following the board's approval, Olympic Cards Limited will publish the unaudited financial results in designated newspapers to ensure public disclosure. The company has identified two publications for this purpose:

• Business Standard (English)
• Makal Kural (Tamil)

This dual-language publication approach ensures compliance with regulatory requirements while reaching both English and Tamil-speaking stakeholders in the company's operational regions.

Trading Window Restrictions

In accordance with insider trading prevention regulations, Olympic Cards Limited has implemented a trading window closure affecting company directors and designated employees. The restriction period commenced on January 01, 2026, and will continue until the end of the second trading day following the declaration of financial results for the quarter and nine months ended December 31, 2025.

This measure aligns with the company's Code of Prevention of Insider Trading and SEBI (Prohibition of Insider Trading) Regulations, 2015, ensuring fair market practices and preventing any potential misuse of unpublished price-sensitive information.

Company Background

Olympic Cards Limited, established in 1962, operates as a manufacturer of various printing and stationery products. The company's product portfolio includes wedding cards, greeting cards, business cards, office stationery, notebooks, diaries, calendars, and disposable paper products. With its registered office in Chennai and additional locations in Parrys, Kodambakkam, and Coimbatore, the company serves customers across Tamil Nadu and beyond.