Padmanabh Industries Limited has delivered impressive financial performance for the quarter ended December 31, 2025, demonstrating significant growth across key operational and profitability metrics. The company's unaudited standalone financial results showcase a remarkable turnaround in business performance compared to the previous year.

Quarterly Financial Performance

The company's financial performance for Q3FY26 reflects substantial operational improvements:

The quarter witnessed zero revenue in Q2FY26 (September 30, 2025), making the Q3FY26 performance particularly noteworthy. Total expenses for the quarter amounted to ₹697.17 lacs, primarily driven by purchases of stock-in-trade worth ₹691.47 lacs.

Nine-Month Performance Analysis

The company's nine-month performance ending December 31, 2025, shows consistent improvement:

The nine-month results demonstrate the company's successful transition from loss-making operations to profitable business, with total comprehensive income reaching ₹1.02 lacs compared to a loss of ₹5.51 lacs in the corresponding previous period.

Cost Structure and Operational Metrics

The company's expense structure reveals key operational insights:

• Purchases of Stock-in-trade: ₹691.47 lacs in Q3FY26 versus ₹24.07 lacs in Q3FY25
• Finance Cost: ₹3.91 lacs compared to ₹0.01 lacs in the previous year quarter
• Employee Benefits: ₹0.60 lacs versus ₹1.07 lacs year-on-year
• Other Expenses: ₹0.14 lacs compared to ₹0.69 lacs in Q3FY25

The company maintained consistent depreciation and amortization expenses at ₹1.07 lacs across both quarters, indicating stable asset base utilization.

Capital Structure and Earnings

Padmanabh Industries maintained its equity structure with paid-up equity share capital of ₹607.75 lacs and face value of ₹10.00 per share remaining unchanged across all reported periods. The company reported current tax expenses of ₹0.36 lacs for Q3FY26, reflecting its return to taxable profit status.

Corporate Governance and Compliance

The financial results were prepared in accordance with Indian Accounting Standards (Ind AS) and reviewed by statutory auditors S K Bhavsar & Co., Chartered Accountants. The results received approval from the Audit Committee and Board of Directors during their meeting held on February 5, 2026, ensuring proper governance oversight and regulatory compliance.

Padmanabh Industries Limited, a Gujarat-based company, has reported a net loss of Rs. 2.05 lacs for the quarter ended June 30, 2025, marking a significant shift from the profit of Rs. 6.96 lacs recorded in the previous quarter. The company's board of directors convened on August 12, 2025, to approve these unaudited financial results and make several key organizational changes.

Financial Performance

The company's financial results for the quarter ending June 30, 2025, reveal a challenging period:

The total income for the quarter stood at Rs. 1.61 lacs, a substantial decrease from Rs. 11.38 lacs in the preceding quarter. Total expenses also saw a reduction, coming in at Rs. 3.66 lacs compared to Rs. 4.87 lacs in the previous quarter.

Leadership Changes

In addition to the financial results, Padmanabh Industries announced significant changes to its leadership team:

New CFO Appointment

Mr. Umesh Pravinbhai Parghi has been appointed as the Chief Financial Officer, effective August 13, 2025. Mr. Parghi brings experience in financial matters and day-to-day accounting activities from his previous role as a manager in a reputed organization.

Director Resignations

• Ms. Shvetalben Sagarbhai Dataniya has resigned from her position as Director, effective August 13, 2025.
• Mr. Jaydeep Bakul Shah has stepped down from his role as Independent Director, effective August 12, 2025, after working hours.

Board Meeting Outcomes

The board meeting, which lasted from 5:00 PM to 6:10 PM on August 12, 2025, resulted in several key decisions:

1. Approval of the unaudited financial results for the quarter ended June 30, 2025.
2. Appointment of the new CFO.
3. Acceptance of the resignations of two directors.
4. Reconstitution of various committees within the company.

Auditor's Review

S K Bhavsar & Co., the company's statutory auditors, conducted a limited review of the financial results. They highlighted that comprehensive verification of trade receivables, trade payables, and loans and advances is pending. The auditors also noted that reliable values and supporting documents for investments were not presented, relying on management representations for these aspects.

Despite these observations, the auditors concluded that nothing has come to their attention that causes them to believe that the financial results do not comply with applicable accounting standards and disclosure requirements.

Padmanabh Industries Limited continues to navigate through a challenging financial period while implementing significant changes in its leadership structure.