Vasundhara Rasayans Reports 50.4% Decline in Q3FY26 Net Profit to ₹72.05 Lakhs
Vasundhara Rasayans Ltd reported challenging Q3FY26 results with net profit declining 50.4% to ₹72.05 lakhs from ₹145.28 lakhs in Q3FY25. Revenue from operations fell 15.6% to ₹744.77 lakhs, while total expenses decreased to ₹714.39 lakhs. For nine months FY26, net profit dropped 13.1% to ₹335.05 lakhs with revenue declining 9.2% to ₹2,382.99 lakhs. EPS for the quarter stood at ₹2.27 compared to ₹4.57 in the previous year.

*this image is generated using AI for illustrative purposes only.
Vasundhara Rasayans Ltd has announced its unaudited financial results for the third quarter of fiscal year 2026, ended December 31, 2025. The Board of Directors approved these results during their meeting held on February 10, 2026, pursuant to Regulation 33 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.
Q3FY26 Financial Performance
The company's quarterly performance showed a notable decline across key financial metrics. Net sales from operations decreased significantly compared to both the previous quarter and the corresponding quarter of the previous year.
| Metric | Q3FY26 | Q2FY26 | Q3FY25 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Net Sales | ₹744.77 lakhs | ₹882.08 lakhs | ₹882.16 lakhs | -15.6% | -15.6% |
| Other Income | ₹66.98 lakhs | ₹85.98 lakhs | ₹54.03 lakhs | -22.1% | +24.0% |
| Total Income | ₹811.75 lakhs | ₹968.06 lakhs | ₹936.19 lakhs | -16.1% | -13.3% |
| Net Profit | ₹72.05 lakhs | ₹205.72 lakhs | ₹145.28 lakhs | -65.0% | -50.4% |
Expense Analysis
Total expenses for Q3FY26 stood at ₹714.39 lakhs compared to ₹690.05 lakhs in Q2FY26 and ₹739.86 lakhs in Q3FY25. The major expense components included cost of materials consumed at ₹322.64 lakhs and other expenses totaling ₹248.78 lakhs.
| Expense Category | Q3FY26 | Q3FY25 | Change |
|---|---|---|---|
| Cost of Materials | ₹322.64 lakhs | ₹399.62 lakhs | -19.3% |
| Employee Benefits | ₹74.11 lakhs | ₹64.13 lakhs | +15.6% |
| Finance Cost | ₹9.96 lakhs | ₹5.71 lakhs | +74.4% |
| Depreciation | ₹10.93 lakhs | ₹8.75 lakhs | +24.9% |
| Other Expenses | ₹248.78 lakhs | ₹294.21 lakhs | -15.4% |
Nine-Month Performance
For the nine months ended December 31, 2025, the company's performance also reflected a declining trend. Total income decreased to ₹2,604.31 lakhs from ₹2,775.28 lakhs in the corresponding period of the previous year.
| Parameter | 9M FY26 | 9M FY25 | Change |
|---|---|---|---|
| Net Sales | ₹2,382.99 lakhs | ₹2,623.41 lakhs | -9.2% |
| Total Income | ₹2,604.31 lakhs | ₹2,775.28 lakhs | -6.2% |
| Total Expenses | ₹2,151.54 lakhs | ₹2,254.25 lakhs | -4.6% |
| Net Profit | ₹335.05 lakhs | ₹385.56 lakhs | -13.1% |
Earnings Per Share and Tax Position
The company's earnings per share for Q3FY26 stood at ₹2.27, significantly lower than ₹4.57 in Q3FY25. For the nine-month period, EPS decreased to ₹10.54 from ₹12.13 in the previous year. The paid-up equity share capital remained unchanged at ₹317.82 lakhs with a face value of ₹10 per share.
Tax expenses for the quarter amounted to ₹25.31 lakhs compared to ₹51.05 lakhs in Q3FY25. For the nine-month period, tax expenses totaled ₹117.72 lakhs against ₹135.47 lakhs in the corresponding previous period.
Regulatory Compliance
The unaudited financial results were reviewed by the Audit Committee and approved by the Board of Directors. Mamta Jain & Associates, Chartered Accountants, conducted a limited review of the financial statements as required under the listing regulations. The auditors confirmed that the results comply with the applicable accounting standards and disclosure requirements.
Historical Stock Returns for Vasundhara Rasayans
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.18% | -8.78% | -13.90% | -24.83% | -45.56% | +68.09% |



























