Speedage Commercials Limited announced its unaudited standalone financial results for the quarter and nine months ended December 31, 2025, following Board of Directors approval on February 7, 2026. The company demonstrated strong operational performance with net profit of ₹107.63 lakhs despite challenges in other comprehensive income.

Board Meeting and Regulatory Compliance

The Board of Directors meeting was held on Saturday, February 7, 2026, from 3:10 p.m. to 3:30 p.m., where directors considered and approved the unaudited financial results. The results were reviewed by the Audit Committee and received limited review from statutory auditors B L Dasharda & Associates, Chartered Accountants, in compliance with Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Q3FY26 Financial Performance

The company reported robust financial metrics for the third quarter, with total income of ₹149.21 lakhs generated entirely from other income, as no revenue from operations was recorded during the quarter.

Nine-Month Performance Analysis

For the nine-month period ended December 31, 2025, Speedage Commercials maintained consistent profitability despite a slight decline compared to the previous year.

Expense Structure and Tax Details

The company maintained a lean expense structure with employee benefits expense of ₹2.60 lakhs and other expenses of ₹1.82 lakhs in Q3FY26. Tax expenses totaled ₹37.16 lakhs, comprising current tax of ₹37.14 lakhs and deferred tax of ₹0.02 lakhs.

Comprehensive Income Impact

Despite strong operational performance, the company recorded total comprehensive loss of ₹1,258.09 lakhs for Q3FY26 due to other comprehensive loss of ₹1,365.72 lakhs. For the nine-month period, comprehensive loss stood at ₹2,037.35 lakhs compared to comprehensive income of ₹4,047.71 lakhs in the corresponding previous period.

Corporate Structure and Compliance Notes

The company operates in a single business segment with paid-up equity share capital of ₹98.00 lakhs at face value of ₹10 per share. The results are prepared in accordance with Indian Accounting Standards (Ind AS 34) and comply with SEBI regulations. The financial results are available on the company's website and BSE Limited's portal where shares are listed.

Speedage Commercials Limited, a company listed on the Bombay Stock Exchange (BSE: 512291), has announced its unaudited financial results for the second quarter and half-year ended September 30, 2025. The company has reported a substantial increase in profit, driven primarily by other income.

Key Financial Highlights

Quarterly Performance

Speedage Commercials has reported a significant turnaround in its quarterly performance. The company's net profit for Q2 FY2026 stood at Rs 198.02 lakhs, compared to a loss of Rs 1.77 lakhs in the previous quarter (Q1 FY2026). This represents a substantial improvement in the company's financial position.

The total income for Q2 FY2026 was Rs 267.03 lakhs, a dramatic increase from Rs 5.00 lakhs in Q1 FY2026. This surge in income was primarily attributed to other income, which accounted for the entire revenue for the quarter.

Half-Yearly Performance

For the half-year ended September 30, 2025, Speedage Commercials reported a total income of Rs 272.03 lakhs, slightly higher than the Rs 265.34 lakhs recorded in the corresponding period of the previous year. The net profit for H1 FY2026 stood at Rs 196.25 lakhs, showing a modest increase from Rs 191.45 lakhs in H1 FY2025.

Expense Management

The company has maintained tight control over its expenses. Total expenses for Q2 FY2026 were Rs 4.04 lakhs, lower than the Rs 6.64 lakhs reported in Q1 FY2026. For the half-year, total expenses amounted to Rs 10.68 lakhs, slightly higher than the Rs 9.86 lakhs in H1 FY2025.

Other Comprehensive Income

It's worth noting that Speedage Commercials reported a significant Other Comprehensive Loss of Rs 2,108.86 lakhs for Q2 FY2026, which led to a Total Comprehensive Loss of Rs 1,910.84 lakhs for the quarter, despite the positive net profit.

Balance Sheet Position

As of September 30, 2025, the company's total assets stood at Rs 15,535.33 lakhs, with non-current investments forming a significant portion at Rs 13,622.42 lakhs. The company's total equity was reported at Rs 15,500.99 lakhs.

Conclusion

While Speedage Commercials Limited has shown a strong recovery in its quarterly profit, primarily driven by other income, the significant Other Comprehensive Loss has impacted its overall financial position. Investors and stakeholders may want to seek clarification from the management on the nature of this loss and its potential impact on future performance.

The company's ability to maintain low operational expenses while generating substantial other income has contributed to its improved bottom line. However, the lack of revenue from operations might be a point of concern for long-term sustainability.

Investors are advised to conduct thorough research and consider various factors before making investment decisions.