Tyche Industries Q3FY26 Net Profit Falls 61.6% YoY to ₹182.21 Lakhs Amid Revenue Decline
Tyche Industries Limited reported Q3FY26 net profit of ₹182.21 lakhs, declining 61.6% YoY from ₹474.29 lakhs, while total income fell 37.2% to ₹1,243.10 lakhs. Nine-month performance showed net profit dropping 49.6% to ₹577.63 lakhs with total income declining 25.3% to ₹4,370.53 lakhs. The API-focused company showed sequential improvement with 19.6% QoQ profit growth and maintains strong export orientation with ₹3,390.55 lakhs in export sales during nine months.

*this image is generated using AI for illustrative purposes only.
Tyche Industries Limited announced its unaudited financial results for the third quarter and nine months ended December 31, 2025, revealing a challenging performance with significant year-on-year declines in profitability. The API-focused company reported substantial drops in both revenue and net profit during the quarter.
Financial Performance Overview
The company's financial metrics for Q3FY26 showed considerable pressure compared to the previous year:
| Metric | Q3FY26 | Q3FY25 | Change (%) |
|---|---|---|---|
| Total Income | ₹1,243.10 lakhs | ₹1,979.33 lakhs | -37.2% |
| Net Profit | ₹182.21 lakhs | ₹474.29 lakhs | -61.6% |
| Basic EPS | ₹1.78 | ₹4.63 | -61.6% |
| Total Expenses | ₹997.18 lakhs | ₹1,341.39 lakhs | -25.7% |
Revenue Composition and Operational Metrics
The company's revenue structure for Q3FY26 comprised entirely of other operating income of ₹1,057.93 lakhs and other income of ₹185.16 lakhs. This represents a significant shift from Q3FY25 when other operating income stood at ₹1,775.10 lakhs and other income was ₹204.23 lakhs.
Total expenses decreased by 25.7% to ₹997.18 lakhs in Q3FY26 from ₹1,341.39 lakhs in the corresponding quarter of the previous year. The expense reduction was primarily driven by changes in inventories and cost management measures across various operational categories.
Nine-Month Performance Analysis
For the nine-month period ended December 31, 2025, the company's performance showed similar declining trends:
| Parameter | 9M FY26 | 9M FY25 | Variance |
|---|---|---|---|
| Total Income | ₹4,370.53 lakhs | ₹5,851.60 lakhs | -25.3% |
| Net Profit | ₹577.63 lakhs | ₹1,146.30 lakhs | -49.6% |
| Export Sales | ₹3,390.55 lakhs | - | - |
| Domestic Sales | ₹353.32 lakhs | - | - |
Sequential Quarter Improvement
Despite the year-on-year decline, Tyche Industries showed sequential improvement in Q3FY26. Net profit increased 19.6% from ₹152.30 lakhs in Q2FY26, while total income declined from ₹1,680.94 lakhs to ₹1,243.10 lakhs quarter-on-quarter.
Business Segment and Market Presence
The company operates exclusively in the Active Pharmaceutical Ingredients (APIs) segment. During the nine-month period, export sales contributed ₹3,390.55 lakhs while domestic sales accounted for ₹353.32 lakhs, highlighting the company's significant export orientation.
Corporate Governance and Compliance
The Board of Directors approved these unaudited financial results at their meeting held on February 12, 2026. The results were prepared in accordance with Indian Accounting Standards (Ind AS) and reviewed by the Audit Committee. The statutory auditors P.S.N. Ravishanker & Associates conducted a limited review of the financial results.
The company maintains its paid-up equity share capital at ₹1,024.53 lakhs with a face value of ₹10 per share, remaining unchanged across all reported periods.
Source: Exclusive
Historical Stock Returns for Tyche Industries
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +4.86% | +17.75% | +7.97% | -6.81% | -12.50% | -41.99% |





























