Tashi India Limited announced its Q3FY26 financial results for the quarter ended December 31, 2025, presenting a mixed performance with declining quarterly profits despite strong revenue growth and robust nine-month results.

Quarterly Financial Performance

The company reported net profit after tax of ₹4.31 lakhs for Q3FY26, marking a 36% decline from ₹6.69 lakhs recorded in the corresponding quarter of the previous year. Despite the profit decline, revenue from operations showed remarkable growth, surging 287% year-on-year to ₹54.33 lakhs from ₹14.02 lakhs in Q3FY25.

Nine-Month Performance Highlights

The nine-month period ending December 31, 2025, demonstrated exceptional performance with net profit after tax reaching ₹158.05 lakhs, representing a substantial 662% increase from ₹20.73 lakhs in the corresponding nine-month period of FY25. Revenue from operations for the nine-month period stood at ₹174.29 lakhs compared to ₹38.67 lakhs in the previous year, marking a growth of 351%.

Comprehensive Income Analysis

Total comprehensive income for Q3FY26 was ₹10.19 lakhs, a significant improvement from the loss of ₹89.76 lakhs reported in Q3FY25. This positive turnaround was supported by other comprehensive income of ₹5.88 lakhs during the quarter. For the nine-month period, total comprehensive income reached ₹192.15 lakhs compared to ₹26.37 lakhs in the previous year.

Expense Structure and Operational Metrics

Total expenses for Q3FY26 increased to ₹48.97 lakhs from ₹8.28 lakhs in Q3FY25, primarily driven by changes in inventories of stock-in-trade amounting to ₹37.11 lakhs. Employee benefit expenses rose to ₹5.40 lakhs from ₹3.68 lakhs, while finance costs increased to ₹3.06 lakhs from ₹0.01 lakhs in the previous year quarter.

Corporate Governance and Compliance

The Board of Directors meeting was held on February 7, 2026, where the unaudited standalone and consolidated financial results were approved. The results have been prepared in accordance with Indian Accounting Standards (Ind AS) and reviewed by statutory auditors VMSS & Associates. The company maintains its paid-up equity share capital at ₹74.25 lakhs with a face value of ₹10 per share.

Business Focus

Tashi India Limited is primarily engaged in the financing business and operates as a single reportable segment as per Ind AS 108 dealing with Operating Segments. The company's registered office is located at Imambada Road, Nagpur, Maharashtra, and it continues to focus on its core financing activities.

Tashi India Limited has announced the cessation of Shri Akshay Ranka as Non-Executive Independent Director, effective February 02, 2026. The company informed BSE Limited about this directorship change under Regulation 30 of SEBI (LODR) Regulations, 2015.

Director Cessation Details

The cessation occurred following the completion of Shri Akshay Ranka's second consecutive term as Non-Executive Independent Director. The company has provided comprehensive details as required under SEBI circular No. CIR/CFD/CMD/4/2015 dated September 09, 2015.

Regulatory Compliance

Tashi India Limited has fulfilled its disclosure obligations by notifying the stock exchange about the directorship change. The communication was signed by Rohit Bajaj, Director (DIN: 00511745), ensuring proper authorization of the corporate announcement.

The cessation represents a routine corporate governance matter, with the director completing his tenure as per regulatory guidelines for independent directors. The company maintains its registered office at Imambada Road, Nagpur, Maharashtra, and trades on BSE under scrip code 512271.