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These terms and conditions ("WhatsApp Terms and Conditions" as amended from time to time) are applicable to the Customers (defined hereinafter) that avail the Services (defined hereinafter) provided thereon by ICICI Securities Limited ("ICICI Securities") on the WhatsApp platform.

The WhatsApp Terms and Conditions shall be in addition to any other terms and conditions as stipulated by the ICICI Securities from time to time on its website (www.icicidirect.com) whether pertaining to the account or in relation to other products, services or facilities provided by ICICI Securities.

Any services that may be offered to the customer through the WhatsApp platform ("WhatsApp") is at the discretion of the ICICI Securities and/or basis the eligibility criteria of a customer and such services are subject to certain terms and conditions. In case of conflict between any of these WhatsApp Terms and Conditions and the terms and conditions for other services provided on the WhatsApp channel, specific terms and conditions of such services shall prevail.

Further, in case of inconsistency between the WhatsApp Terms and Conditions and any specific terms and conditions pertaining to account or any specific service/product/offer, the specific terms and conditions of that particular service/product/offer shall prevail.

1. DEFINITIONS

"Trading Account" refers to the trading account maintained by the Customer with ICICI Securities.

"Trading Account Related Services" shall mean the Services which pertain to information in relation to the Trading Account maintained with ICICI Securities by customer including but not limited to portfolio valuation, stock quote, order details, trade details etc which are enabled by ICICI Securities, from time to time, at its sole discretion.

"Registered ICICI Securities Number" is the authorized number of ICICI Securities, registered with WhatsApp for the purposes of providing Services herein.

"Customer" shall mean any person holding Trading Account or any prospective customer with ICICI Securities and interacting with ICICI Securities on WhatsApp using the Registered ICICI Securities Number / using the Services provided by ICICI Securities through WhatsApp. "Customer Information" refers to the personal data or information or such other data or information including any sensitive personal data in relation to the Customer such as information in relation to the trading account of the Customer, shared by the Customer or provided to the Customer by ICICI Securities or collected or obtained from the Customer or from WhatsApp or from any such source in the course of the Customer availing the Services hereunder.

"One Way Communication" shall mean the service provided by ICICI Securities to the Customer on WhatsApp where ICICI Securities sends its Customer one-way messages through its Registered ICICI Securities Number in the nature of information, alerts, updates, transaction alerts in relation to the Customer's Trading Account and such other communications as ICICI Securities may enable from time to time, at its discretion.

"Privacy Policy/Privacy Commitment" shall have the meaning as ascribed on the Website; "Service(s)" shall mean the One Way Communication and Two Way Communication services provided by ICICI Securities by itself or through any of its service providers, to a Customer on WhatsApp.

"Two Way Communication" shall mean the service provided by ICICI Securities to the Customers on WhatsApp where the Customer can communicate with ICICI Securities by sending it messages in the form of making requests, seeking information, asking queries etc. on the Registered ICICI Securities Number and where ICICI Securities responds to such messages. However, this service and ICICI Securities responses shall be limited only to such queries, information, requests etc. as may be determined by ICICI Securities from time to time, at its sole discretion.

"WhatsApp" is the application provided by WhatsApp Inc. 1601 Willow Road, Menlo Park, California 94025.

2. INTERPRETATION

All references to singular include plural and vice versa and the word "includes" should be construed as "without limitation".
Words importing any gender include the other gender. 'We/us' refers to ICICI Securities and 'You/yours' refer to the customer using the WhatsApp facility.
Reference to any statute, ordinance or other law includes all regulations and other instruments and all consolidations,amendments, re-enactments or replacements for the time being in force.
All headings, bold typing and italics (if any) have been inserted for convenience of reference only and do not define limit or affect the meaning or interpretation of these Terms and Conditions.
Reference to any law or legislation, regulation, rule shall mean, applicable, constitution, statute, law, rule, regulation, ordinance, judgment, order, decree, authorisation, or any published directive, guideline, notice, requirement or governmental restriction, having the force of law in any jurisdiction and include laws as amended from time to time.

3. PURPOSE

This WhatsApp platform serves as a supplementary medium through which we can communicate with you and provide Services and further enable certain services as ICICI Securities may decide in its sole discretion.

4. ELIGIBILITY FOR USING THE SERVICES

The Customer hereby agrees and undertakes that he/she shall use the Services only if he/she fulfills the eligibility as given below:

The Customer is an individual and is a major;
The Customer is a Guardian of a minor;
The Customer is of sound mind, solvent and competent to contract;
The Customer is a resident of India and is present in the territory of India at the time of utilization of the Services;
The Customer is a non-resident India (NRI) or is residing outside India.
The Customer is Principal Authorised Signatory of the Non Individual Account.

5. APPLICABILITY OF WHATSAPP TERMS AND CONDITIONS

These WhatsApp Terms and Conditions form a contract between the Customer and ICICI Securities. The Customer shall apply to ICICI Securities in the prescribed manner for availing of the Services. By applying and opting in for the Services, the Customer acknowledges that he has read, understood and accepted these WhatsApp Terms and Conditions and other specific terms and conditions as pertaining to the Account and any other products/offers/facilities and services availed by the Customer whether or not through WhatsApp.

No act, delay or omission by ICICI Securities shall affect its rights, powers and remedies under these Terms and Conditions and other terms on ICICI Securities website (www.icicidirect.com), hereinafter referred to as "Website".

The Customer hereby accepts and agrees that all Services and communications (both One Way Communication and Two Way Communication) taking place on WhatsApp, initiated either by ICICI Securities or the Customer, will be governed by and subject to these WhatsApp Terms and Conditions. Further, the Customer hereby agrees that the Customer grants express authority to ICICI Securities for carrying out the Services requested by the Customer on WhatsApp on its Registered ICICI Securities Number. Provided however that ICICI Securities shall not be required to authenticate the Customer, if any request for the Services comes on WhatsApp to ICICI Securities Registered Number, and in case of a Customer, if the number reflected in the requestor's mobile is a Customer's Registered Number, ICICI Securities shall be entitled to presume that it is the Customer itself which is interacting through WhatsApp and in case of any other Customer ICICI Securities shall be entitled to presume that the number reflected in the WhatsApp profile is the Customer's number and it is the Customer itself and not any other person who is interacting with ICICI Securities Registered Number. ICICI Securities's own record or log of transactions maintained through computer systems or otherwise shall be accepted as conclusive and binding for all purposes.

6. SERVICES

The Customer agrees and accepts that ICICI Securities reserves the right to provide only such Services as ICICI Securities may at its discretion permit from time to time. ICICI Securities may also inform/update the availability/non-availability of any particular Service, at its sole discretion. The Customer hereby agrees that ICICI Securities may at any time, without notice to the Customer, modify, discontinue or make additions/deletions to the Services offered to the Customer. The Customer agrees that he shall not hold ICICI Securities responsible for not responding to the queries of/ information sought by the Customer or not providing a response to the satisfaction of the Customer or not processing any request of the Customer, in case such a message sent by the Customer in case ICICI Securities does not receive an instruction to this effect in its systems or the message sent by the Customer is not in the format as required by ICICI Securities or does not fall under the Services being offered by ICICI Securities at the time or ICICI Securities does not receive such a message for technical reasons or otherwise or for any reason whatsoever. ICICI Securities will have no liability in case of any fraud or impersonation incidents through the WhatsApp platform. Further, in case ICICI Securities permits any Service in the nature of a transaction, the Customer agrees that such a Service shall be subject to statutory/ regulatory limits and/or any limits that may be imposed by ICICI Securities, from time to time, at its sole discretion.

7. REGISTRATION AND VERIFICATION

For availing the One Way Communication and Two Way Communication service, the Customer agrees and confirms to have accepted (a) the WhatsApp Terms and Conditions applicable to the Customer for availing the Services mentioned herein; (b) the Privacy Policy of ICICI Securities applicable to the Customer for availing the Services mentioned herein; (c) any other Account/product/service/offer related specific terms and conditions as applicable and (d) all terms and conditions prescribed by WhatsApp for using its platform.

Provided that, ICICI Securities may modify the process for authentication, registration and/or verification of the Customer, for One Way Communication and/or Two-Way Communication, at any time, at its sole discretion.

8. UNSUBSCRIBE

You may choose/request for de-registration/un-subscription of the Services at any point of time by following the process as may be prescribed by ICICI Securities from time to time. Currently ICICI Securities provides the following channels for un-subscription:

Our Website: Visit the WhatsApp un-subscription section on our Website. Enter your mobile number. Enter the OTP received on your registered mobile number and submit.
Missed Call/ SMS to a specific number as updated on the Website.
Send 'STOP' keyword on the WhatsApp platform.

However, the Customer agrees that for this to come into effect, it may take such time as may be required by ICICI Securities. The Customer agrees that he will remain responsible for any requests made/ messages sent to ICICI Securities using the Services prior to the time such cancellation of the Services is effected by ICICI Securities. ICICI Securities will be at liberty to discontinue/ suspend/ terminate the Customer's use of the Services at any time without assigning any reason whatsoever. ICICI Securities may also discontinue or suspend or terminate Services/ facilities without prior notice if these Terms and Conditions are breached.

Once we have received the notification that you have unsubscribed, we will no longer process your information for the purpose(s) you originally agreed to and sent any further notification/message through WhatsApp, unless legally permissible otherwise.

9. IMPORTANT

The Customer shall apply to ICICI Securities for use of the Services (and/or for any changes to the options available under the Services) in such manner and through such modes as may be specified and made available by ICICI Securities from time to time including but not limited to application through forms as prescribed by ICICI Securities, 24-Hour customer care number, SMS if and when made available as permitted modes by ICICI Securities for use of the Services through the WhatsApp platform.
ICICI Securities in its sole discretion shall decide the devices, software platforms, versions, networks, methods, and data services that will be supported by the WhatsApp platform for providing these Services. Any attempts to modify unsupported versions for use in the WhatsApp platform will be treated an unauthorized use and violation ("Unauthorized Use") of these WhatsApp Terms and Conditions. The Services through the WhatsApp platform shall be suspended with immediate effect if there is Unauthorized Use by the Customer.
The Customer agrees that the Customer shall be responsible for upgrading any software, hardware and the operating system at his/her own cost from time to time so as to be compatible to continue to avail the Services offered by ICICI Securities. ICICI Securities shall be at liberty to change, vary or upgrade its software, hardware, operating systems, etc. from time to time and shall be under no obligation to support the software, hardware, operating systems used by the Customer and that the same shall be the Customer's sole responsibility. Some Services may not work on an outdated platform and hence it is Customer's sole responsibility to ensure timely upgradation of the WhatsApp platform.
By subscribing to Services on WhatsApp platform, the Customer agrees to get notifications via WhatsApp including account information, transaction details, and other services/communications. Customer also agrees to receive notifications including offers, new product features, any other important notification sent by ICICI Securities from time to time etc. on the Registered Customer Number via WhatsApp.
The Customer agrees that any Trading Account related Services at the discretion of ICICI Securities shall be provided to the Customers through WhatsApp platform only to a WhatsApp account associated with the Registered Customer Number.
The Customer is aware that it may not be possible for ICICI Securities to give detailed information on the Service/functionalities. ICICI Securities shall not be responsible or liable to you or any third party for the consequences arising out of or in connection with using of this Service or with respect to the limited information provided by ICICI Securities on WhatsApp. In case the Customer requires further information, Customer can reach out to ICICI Securities either in the nearest branch, on ICICI Securitiess Customer Care number or through any other channels provided by ICICI Securities.
The responses sent by ICICI Securities on WhatsApp platform (either for One Way Communication and/or Two Way Communication) are based on a program running at back-end. This program has been developed and regularly enhanced to handle the queries in best possible manner. However, for any answers that the Customer may not find satisfactory or for any inaccuracies arising therefrom, ICICI Securities shall not be held responsible. The Customer may call Customer Care number or email at headservicequality@icicidirect.com or nri@icicidirect.com or visit www.icicidirect.com in case of any clarifications.
The Customer agrees that ICICI Securities and / or its affiliates may hold and process the Customers personal information concerning the account/s on computer or otherwise in connection with the WhatsApp facility. You agree and consent that we may collect, store, use and/or disclose your personal data for the Services as detailed on our Website. The Customer also agrees ICICI Securities may disclose, in strict confidence, to other institutions, its service providers, such information as may be reasonably necessary for reasons inclusive of but not limited to the participation in any telecommunication or electronic clearing network, in compliance with legal directive and for fraud prevention. The Customer using the WhatsApp facility authorizes ICICI Securities to collect and use technical information about the equipment and related software, hardware and peripherals and any data and information stored in the equipment, whether internet-based or wireless, to improve ICICI Securities products and to provide services to the Customer.
All records of ICICI Securities generated by the transactions arising out of use of the Services through the WhatsApp platform, including the time of the transaction recorded shall be conclusive proof of the genuineness and accuracy of the transactions.
Where ICICI Securities considers the instructions to be inconsistent or contradictory with any past instructions or any simultaneous instructions provided by Customer to ICICI Securities through other channels provided by ICICI Securities it may seek clarification from the Customer before acting on any instruction of the Customer or act upon any such instruction as it may deem fit. ICICI Securities shall have the right to suspend the Services if ICICI Securities has reason to believe that the Customer's instructions may lead to direct or indirect loss or may require an indemnity from the customer.
The Customer accepts that all information /instructions will be transmitted to and /or stored at various locations and be accessed by personnel of ICICI Securities (and its affiliates) or its service providers.
On the Customer opting in for the Services through the WhatsApp platform, ICICI Securities has the discretion to stop sending these alerts on SMS or any other channel.
The Customer is responsible for keeping security safeguard of his WhatsApp account linked to the mobile number.
The Customer understands that using WhatsApp application may carry extra risks and may not be secured. Further any message and information exchanged is subject to the risk of being read, interrupted, intercepted, or defrauded by third party or otherwise subject to manipulation by third party or may involve delay in transmission. ICICI Securities shall not be responsible or liable to the customer or any third party for the consequences arising out of or in connection with using of this Service.
The Customer understands that mobile phones are vulnerable to the threats such as but not limited to -
- Access by intruders to the data /information
- Identity theft
- Privacy violations
- Planting of stealth software and viruses
- Disablement or distortion of operations
- Interception of the transmission of encrypted data/message etc.
- The Customer shall immediately notify ICICI Securities in writing if Customer discovers/ suspects unauthorized access.

ICICI Securities shall not be responsible or liable to the Customer or any third party for the consequences arising out of or in connection with using of this Service. The Customer should immediately opt-out of the Services as per the unsubscribe process as detailed in section 8 above.

The Customer is aware that using mobile applications involves many uncertain factors and complex software, hardware, systems, etc. which are susceptible to interruptions and dislocations. ICICI Securities does not make any representation or warranty that the WhatsApp facility/service will be available at all times without any interruption and further that ICICI Securities shall not be responsible for any variation, reduction or imposition of the terms or the customers inability to use the mobile application.
The Customer is aware that authenticated technologies and strict security measures are required for using mobile applications. Customer undertakes to ensure that the password is not revealed to any third party including ICICI Securities officials or any unauthorized person. Customer shall be solely responsible for all the communication exchanged between customer and ICICI Securities while logging into this service.
Under no circumstances shall ICICI Securities, or its officials, employees, be liable for any direct, indirect, punitive, incidental, special, or consequential damages that result from the use of, or inability to use, this service or for receipt of any answer provided by ICICI Securities program running at the back-end.
The Customer agrees that the Customer shall not have any claim against ICICI Securities on account of any suspension, interruption, non-availability or malfunctioning of the WhatsApp service due to any link/mobile/system failure at ICICI Securities end for any reason thereof.
The Customer shall not reproduce, copy, or redistribute for commercial purposes any materials or design elements of this WhatsApp service.
The Customer shall ensure appropriate data network connection. Receipt of messages by Customer shall be subject to the data network connection and ICICI Securities shall not be held responsible for any delay or non-receipt of the responses at WhatsApp channel.
The Customer shall not submit or transmit any content through this WhatsApp channel that is:
- Obscene, Vulgar, or Pornographic, immoral, illegal, illicit, unethical etc.
- Encourages the commission of a crime or violation of any law.
- Violates any law in India and/or the jurisdiction in which customer resides.
- Infringes the intellectual or copyrights of ICICI Securities or a third party.
- Constitute confidential information and/or personal or sensitive information/data belonging to the Customer or any third person.
ICICI Securities reserves the right to remove or otherwise delete any content or submissions made by the Customer that violates the rules or which are inappropriate, as per ICICI Securities's sole discretion, without any liability or giving warning to the Customer.
All instructions for availing the services under the WhatsApp facility shall be provided through the Registered Customer Number in the manner indicated by ICICI Securities. The Customer is also responsible for the accuracy and authenticity of the instructions provided to ICICI Securities and the same shall be considered to be sufficient for availing of the services under the WhatsApp facility. The alerts would be sent on the mobile phone number, last registered with ICICI Securities.
The Customer agrees that if he/she notices any error in any information supplied to the Customer by the use of any of the Services, the Customer shall inform ICICI Securities of the same, as soon as possible. ICICI Securities will endeavor to correct the error promptly. The Customer agrees that all outputs of statements that may appear on WhatsApp, upon making a request to that effect, are information extracted from a computerized back up system maintained by ICICI Securities and may not be continuously be updated in real time. ICICI Securities shall provide the information as may be last updated on the systems of ICICI Securities. While ICICI Securities will take all reasonable steps to ensure the accuracy of the statement, ICICI Securities is not liable for any error and shall not hold ICICI Securities responsible for any loss incurred or action taken by the Customer by relying on such information.
The Customer agrees that the responses received by the Customer from ICICI Securities are based on program running at backend. This program has been developed and regularly enhanced to handle the queries in best possible manner. However, for any inappropriate/inaccurate answers or any answers that the Customers may not find satisfactory, ICICI Securities shall not be held responsible.
It is recommended for Customers who have subscribed to this WhatsApp service to delete WhatsApp application when changing their device so as to ensure there is no misuse of the same.
That all the Services provided to the Customer are subject to applicable law and the rules, regulations, notifications, circulars and guidelines introduced or amended from time to time by Securities & Exchange Board of India and/or any regulatory/ statutory/ governmental authority.
ICICI Securities has the right to retract the Customer's right to utilize the Service anytime it deems fit without any notice to the Customer.
The Customer hereby acknowledges that he is availing the Service(s) at his own risk and the Customer shall not hold ICICI Securities responsible or liable for any of the risks including but not limited to the following:
- Password misuse- The Customer acknowledges that if any third person obtains access to the Customer's device or SIM card or the Customer's WhatsApp, such third party may be in a position to access Customer information including Trading Account related information of the Customer, which may be confidential in nature.
- Mistake/Error- the Customer acknowledges that the Customer may be sent responses or shown information which may not be applicable to him/her or may not be sent a satisfactory response, and the Customer agrees that in such a scenario ICICI Securities shall not be liable for any loss to the Customer in this regard. The Customer shall therefore take all care to ensure that there are no mistakes and errors and that the message sent/ request made/ query asked by the Customer to ICICI Securities in this regard is error free, accurate, proper and complete at all points of time. The Customer agrees that ICICI Securities is providing the Services at the Customer's sole risk. The Customer agrees that ICICI Securities shall not be liable for any loss, damages or consequences whatsoever arising due to any erroneous or incomplete information or any delay in executing the instructions for reasons beyond the control of ICICI Securities. The Customer shall be liable and responsible to ICICI Securities and accede to accept ICICI Securities's instructions without questions for any unfair or unjust gain obtained by him in the course of availing of the Services.
- It may also be possible that the site of ICICI Securities may require maintenance or is otherwise down or there is a technical failure and during such time it may not be possible to process the request of the Customers. This could result in delays in the processing of instructions or failure in the processing of instructions and other such failures and inability. The Customer understands that ICICI Securities disclaims all and any liability, whether direct or indirect, whether arising out of loss of profit or otherwise arising out of any failure or inability by ICICI Securities to honour any Customer instruction for whatsoever reason. The Customer unequivocally and unconditionally understands and accepts that ICICI Securities shall not be responsible for any of the aforesaid risks. The Customer also accepts that ICICI Securities shall disclaim all liability in respect of the said risks.
The Customer agrees that the Registered ICICI Securities Number on the WhatsApp platform cannot be used for grievance redressal or reporting fraud as of now, ICICI Securities will have no liability on reporting of such incidents received through WhatsApp. The Customer may call Customer Care number or email at headservicequality@icicisecurities.com or visit www.icicidirect.com in case of any clarifications.
These WhatsApp Terms and Conditions may be withdrawn, superseded or modified at any time whatsoever, by ICICI Securities without any prior notice.

10. THIRD PARTY

WhatsApp is owned by a third-party unaffiliated with ICICI Securities. The Customer shall independently be guided by the privacy policies of WhatsApp and the third parties or group companies of WhatsApp and ICICI Securities has no control over them. ICICI Securities is not responsible for the privacy or security policies at these sites or other third-party sites that may be linked to within ICICI Securities's social media channels. The Customer should always review the privacy and security practices and policies of each third-party site you visit. ICICI Securities does not endorse and is not responsible for any ads, content, products, advice, opinions, recommendations or other material of third-party sites that may be promoted via advertising within any social media channels.

The Customer further understands and agree that WhatsApp or any other service provider through which we are providing the WhatsApp facility can review and monitor, store the contents shared/communicated through the WhatsApp or other service provider(s) and may share the same with third parties.

Hence, we strongly recommend that you:

Never share privacy-sensitive details via WhatsApp messages/ through the WhatsApp facility.
That we will not send messages of our own accord this way and will only respond to the messages sent to us except for any important communication and awareness messages.
Not to contact us through the WhatsApp channel for complaints, grievances or similar important matters.

11. DISCLAIMER OF LIABILITY

ICICI Securities shall not be responsible for any failure on the part of the Customer to utilize the WhatsApp facility due to the Customer not being within the geographical range within which the WhatsApp facility is offered and which forms part of the roaming network of such cellular service provider, providing services to the Customer availing such roaming facility from the respective cellular service provider. If the customer has reason to believe that the mobile phone number is / has been allotted to another person and / or there has been an unauthorized transaction in the account and / or his mobile phone handset is lost, he shall immediately inform ICICI Securities of the same.

The Customer agrees that ICICI Securities shall not be liable if:

the Customer has breached any of the terms and conditions, contained herein or
the Customer has contributed to or the loss is a result of failure on part of the Customer to advise ICICI Securities within a reasonable time about unauthorized access of or erroneous transactions by use of the Services; or
as a result of failure on part of the Customer to advise ICICI Securities of a change in or termination of the Customer's mobile phone numbers/SIM ("Subscriber Identity Module") cards.
there has been an unauthorized transaction/instruction provided through the WhatsApp channel as a result of any person having control or custody of telecommunications instrument (such as the mobile handset) so that such instrument may be used to give telecommunications instruction without authorization or any other issue/default/error/technological problem in the telecommunication instrument (such as the mobile handset) or duplication of mobile number / SIM of the Customer such as but not limited to SIM card cloning, virus in handset etc.

ICICI Securities shall endeavor to provide the WhatsApp facility on a best effort basis and the Customer shall not hold ICICI Securities liable for non-availability of the WhatsApp facility or non-performance by service providers, if any, engaged by ICICI Securities or any loss or damage caused to the Customer as a result of use of the WhatsApp facility for causes which are not attributable to ICICI Securities. ICICI Securities shall not be liable in any manner to the Customer in connection with the use of the WhatsApp facility.

ICICI Securities shall endeavor to carry out the instructions received from the Customer through the WhatsApp channel promptly, provided that ICICI Securities, shall not be responsible for the delay in carrying out such instructions due to any reason whatsoever, including, but not limited to, failure of operational system or any requirement of law or ICICI Securities's internal policies.

The Customer accepts that each WhatsApp communication may contain certain account information relating to the Customer. The Customer authorizes ICICI Securities to send account related information, though not specifically requested, if ICICI Securities deems that the same is relevant.

ICICI Securities shall not be held responsible for the confidentiality, secrecy and security of the personal or account information being sent through the WhatsApp facility. The Customer agrees that the access to the WhatsApp facility shall be only through the Registered Customer Number and any transaction which originates from the same, whether initiated by the Customer or not, shall be deemed to have originated from the Customer.

Under no circumstance, ICICI Securities shall be held liable if the WhatsApp facility is not available for reasons including but not limited to natural calamities, epidemic/pandemic, legal restraints, faults in the telecommunication network or network failure, or any other reason beyond the control of ICICI Securities. ICICI Securities shall not be liable under any circumstances for any damages whatsoever whether such damages are direct, indirect, incidental consequential and irrespective of whether any claim is based on loss of revenue, interruption of business or any loss of any character or nature whatsoever and whether sustained by the Customer or by any other person. Illegal or improper use of the WhatsApp facility shall render the customer liable for payment of financial charges as decided by ICICI Securities or will result in suspension of the WhatsApp facility for the Customer.

ICICI Securities is in no way liable for any error or omission in the services provided by any cellular or any third party service provider (whether appointed by ICICI Securities in that behalf or otherwise) to the Customer, which may affect the WhatsApp facility.

ICICI Securities, does not warrant the confidentiality or security of the messages whether personal or otherwise transmitted through the WhatsApp facility. ICICI Securities makes no warranty or representation of any kind in relation to the system and the network or their function or performance or for any loss or damage whenever and howsoever suffered or incurred by the Customer or by any person resulting from or in connection with the WhatsApp facility.

Without limitation to the other provisions of these WhatsApp Terms and Conditions, ICICI Securities, its employees, agent or contractors, shall not be liable for and in respect of any loss or damage whether direct, indirect or consequential, including but not limited to loss of revenue, profit, business, contracts, anticipated savings or goodwill, loss of use or value of any equipment including software, whether foreseeable or not, suffered by the Customer or any person howsoever arising from or relating to any delay, interruption, suspension, resolution or error of ICICI Securities in receiving and processing the request and in formulating and returning responses or any failure, delay, interruption, suspension, restriction, or error in transmission of any information or message to and from the telecommunication equipment of the Customer and the network of any cellular service provider and ICICI Securities's system or any breakdown, interruption, suspension or failure of the telecommunication equipment of the Customer, ICICI Securities's system or the network of any cellular service provider and/or any third party who provides such services as is necessary to provide the WhatsApp.

Notwithstanding anything in the contrary provided in this terms and conditions, ICICI Securities shall not be involved in or in any way liable to the Customer for any dispute between the Customer and a cellular service provider or any third party service provider or WhatsApp (whether appointed by ICICI Securities for such purpose or otherwise) while availing these Services through the WhatsApp platform.

The Customer shall not interfere with or misuse in any manner whatsoever the WhatsApp facility and in the event of any damage due to improper or fraudulent use by the Customer, the Customer shall be liable for damages to ICICI Securities or for any losses suffered by ICICI Securities.

The Customer is solely responsible for protecting his/her OTP/debit card PIN/ password or mobile phone number and any other password and/or any other mode of verification as prescribed/ issued by ICICI Securities for the use of the WhatsApp facility from time to time without any liability of ICICI Securities in this regard. The Customer hereby agrees and accepts that he/she shall at all times be solely responsible for the protection and safe keep of his/her SIM card, Device and the applications installed thereon, specifically WhatsApp, login IDs, Customer Information, security details and passwords as mentioned hereinabove and hereby fully agrees that ICICI Securities shall in no manner be liable for any direct or indirect or consequential or other loss arising out of any action or omission because of compromise of the same in any manner whatsoever.

The Customer agrees that ICICI Securities assumes no liability whatsoever in case of any event of such compromise of the Customer's WhatsApp and ICICI Securities shall not be held responsible for any such event. Further, the Customer agrees and understands that WhatsApp can also be logged on from more than one device at the same time, including by using web log in and the Customer is aware of the risk in this regard while availing the Services such as compromise of Customer Information, breach of security of the Customer's WhatsApp account from a device other than the Customers and the Customer undertakes to be vigilant and careful and takes full responsibility for the security of his/her WhatsApp account. ICICI Securities shall not be responsible or liable to you or any third party for the consequences arising out of or in connection with using of this Service.

ICICI Securities will not be liable for:

any unauthorized use of the customer's password or mobile phone number or for any fraudulent, duplicate or erroneous instructions given on the WhatsApp channel;
acting in good faith on any instructions received by ICICI Securities from or on behalf of the Customer in relation to the WhatsApp facility;
error, default, delay or inability of ICICI Securities to act on all or any of the instructions given by the Customer due to any reason;
loss of any information/instructions in transmission;
unauthorized access by any other person to any information /instructions given by the Customer or breach of confidentiality;

ICICI Securities makes no representation or gives no warranty with respect to the quality of the service provided by any cellular service provider or by WhatsApp or any other service provider enabling ICICI Securities to deliver services through WhatsApp to the Customers.

ICICI Securities may provide any other services as a part of the WhatsApp facility and ICICI Securities shall not be liable for the oversight on part of the Customer to update himself /herself with the addition of services which have been included in the WhatsApp facility.

12. INDEMNITY

In consideration of ICICI Securities providing the WhatsApp facility, the Customer, at his own expense, agrees to indemnify, defend and hold harmless, ICICI Securities, its directors and employees, representatives, agents, customers and/or the affiliates, as the case may be, against all losses, damages, expenses, actions, claims, demands and proceedings whatsoever, that ICICI Securities may incur, sustain, suffer or be put to at any time as a consequence of acting on or omitting or refusing to act on any instructions given by the Customer or otherwise for use of the WhatsApp facility.

The Customer further specifically agrees to indemnify, defend and hold harmless, ICICI Securities and/or its affiliates from any losses occurring as a result of the:

the Customer permitting any third parties to use the WhatsApp facility.
the Customer permitting any other person to have access to his mobile phone or as a consequence of leaving the mobile phone unattended or loss of mobile phone and ICICI Securities acting/not acting on any instructions received from the same.
the Customer having breached the WhatsApp Terms and Conditions.

13. TERMINATION

ICICI Securities may, at its discretion, withdraw temporarily or terminate the WhatsApp facility, either wholly or in part, at any time without giving prior notice to the Customer. ICICI Securities may, without prior notice, suspend the WhatsApp facility at any time during which any maintenance work or repair is required to be carried out or in case of any emergency or for security reasons, which require the suspension of the WhatsApp facility.

ICICI Securities may suspend or terminate WhatsApp facility without prior notice if the Customer has breached these WhatsApp Terms and Conditions or ICICI Securities learns of the death, bankruptcy.

14. PROPRIETARY RIGHTS

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RHI Magnesita India Ltd. 01 Jun 2026 14:41 PM

Result PDF

Electrodes & Refractories company RHI Magnesita India announced Q4FY26 & FY26 results

Consolidated Financial Highlights:

Consolidated Total Income for Q4FY26 was Rs 93,708.90 lakh, showing a QoQ decrease of 14.31% from Rs 1,09,356.42 lakh in Q3FY26, but a YoY increase of 1.98% compared to Rs 91,885.75 lakh in Q4FY25.
Consolidated Revenue from Operations for Q4FY26 stood at Rs 93,225.90 lakh, reflecting a QoQ decline of 14.63% from Rs 1,09,201.39 lakh and a YoY growth of 1.56% from Rs 91,796.80 lakh.
For the full year FY26, Consolidated Total Income reached Rs 4,04,853.25 lakh, a YoY increase of 9.40% from Rs 3,70,056.55 lakh in FY25.
Annual Consolidated Revenue from Operations for FY26 was Rs 4,01,994.50 lakh, up 9.42% from Rs 3,67,449.50 lakh in FY25.
The Group reported a Consolidated Net Loss of Rs 51,810.80 lakh for Q4FY26, compared to a Net Profit of Rs 6,155.66 lakh in Q3FY26 and a Net Profit of Rs 3,618.21 lakh in Q4FY25.
For the full year FY26, the Group recorded a Consolidated Net Loss of Rs 38,293.78 lakh, as against a Net Profit of Rs 20,251.28 lakh in FY25.
Consolidated Total Comprehensive Loss for FY26 stood at Rs 38,487.61 lakh, compared to a Total Comprehensive Income of Rs 20,172.82 lakh in FY25.

Standalone Financial Results:

Standalone Total Income for Q4FY26 was Rs 78,904.58 lakh, a QoQ decrease of 12.76% from Rs 90,444.37 lakh, but a YoY increase of 4.68% from Rs 75,378.09 lakh in Q4FY25.
Standalone Revenue from Operations for Q4FY26 stood at Rs 78,571.02 lakh, down 13.03% QoQ from Rs 90,347.99 lakh, but up 4.01% YoY from Rs 75,545.42 lakh.
For the full year FY26, Standalone Total Income was Rs 3,36,221.42 lakh, recording a YoY growth of 16.05% from Rs 2,89,711.55 lakh in FY25.
Annual Standalone Revenue from Operations for FY26 was Rs 3,35,658.78 lakh, marking a YoY increase of 16.07% from Rs 2,89,186.01 lakh in FY25.
The company reported a Standalone Net Loss of Rs 62,441.94 lakh for Q4FY26, compared to a Net Profit of Rs 6,880.98 lakh in Q3FY26 and a Net Profit of Rs 3,639.28 lakh in Q4FY25.
For the full year FY26, Standalone Net Loss was Rs 46,768.59 lakh, as against a Net Profit of Rs 22,300.29 lakh in FY25.

Business Highlights:

Segment Performance: The Group is primarily engaged in the business of manufacturing refractories and monolithics. As per the management's assessment, there are no reportable segments in accordance with Ind AS 108.
Dividend: The Board of Directors has recommended a Final Dividend of Rs 2.50 per fully paid-up equity share of Re 1/- each (250%) for the financial year 2025-26.
Exceptional Items:
- The Group recognized an impairment loss of Goodwill amounting to Rs 55,624.03 lakh in the consolidated results for FY26.
- In Standalone results, the company recognized a provision for impairment of the carrying value of its investments in its wholly owned subsidiary, RHI Magnesita India Refractories Limited ("RHIMIRL"), amounting to Rs 66,092.10 lakh.
Corporate Restructuring: The scheme of merger of RHI Magnesita Seven Refractories Limited into RHI Magnesita India Refractories Limited became effective from February 02, 2026, with an appointed date of April 01, 2025.
Strategic Investment: On August 01, 2025, Intermetal Engineers (India) Private Limited (IEIPL) acquired 100% shareholding of Ashwath Technologies Private Limited for a total transaction value of Rs 1,411.89 lakh.
Labour Codes: The Group recognized an incremental impact of Rs 640.20 lakh under Employee Benefits Expense during the year ended March 31, 2026, on account of the notification of new labour codes.

Parmod Sagar, Chairman, MD & CEO, RHI Magnesita India, said: “FY26 reinforced the importance of resilience, agility, and disciplined execution in a dynamic environment. Despite pricing pressures, excess industry capacity, inflationary trends, intense competition, and evolving geopolitical developments leading to elevated energy and freight costs, we have delivered a resilient performance while strengthening our long-term strategic positioning.

Structural growth drivers across the steel and cement sectors continue to create opportunities for the refractory industry, particularly for technology-led and sustainability-focused solution providers. We advanced our competitive edge by de-commoditizing refractory business through the 4PRO model, offering integrated, value-added solutions that enhance price realization, deepen customer integration, and improve long-term contract visibility.”

Result PDF

Q4FY26 & FY26 Result Announced for MMTC Ltd.

Commodity Trading & Distribution company MMTC announced Q4FY26 & FY26 results

Consolidated Financial Highlights:

Revenue from Operations:
- For Q4FY26, revenue stood at Rs 0.61 crore, marking a significant increase of 165.22% YoY compared to Rs 0.23 crore in Q4FY25, and a growth of 79.41% QoQ from Rs 0.34 crore in Q3FY26.
- For the full year FY26, revenue was Rs 3.41 crore, reflecting a 26.77% YoY increase from Rs 2.69 crore in FY25.
Total Income:
- Total income for Q4FY26 was Rs 36.03 crore, representing an 18.37% YoY decline from Rs 44.14 crore in Q4FY25, but a 4.37% QoQ increase compared to Rs 34.52 crore in Q3FY26.
- For FY26, total income stood at Rs 180.58 crore, down by 31.28% YoY from Rs 262.78 crore in FY25.
Net Profit/(Loss) for the Period:
- The company recorded a massive surge in net profit for Q4FY26, reaching Rs 126.04 crore. This is a 5,552.02% YoY exponential increase from Rs 2.23 crore in Q4FY25, and a 172.40% QoQ growth from Rs 46.27 crore in Q3FY26.
- For FY26, net profit was Rs 387.38 crore, growing impressively by 347.17% YoY from Rs 86.63 crore in FY25.

Standalone Financial Highlights:

Revenue from Operations:
- Standalone revenue for Q4FY26 was Rs 0.61 crore, growing 165.22% YoY from Rs 0.23 crore in Q4FY25 and up 79.41% QoQ from Rs 0.34 crore in Q3FY26.
- For FY26, revenue stood at Rs 3.41 crore, increasing by 26.77% YoY from Rs 2.69 crore in FY25.
Total Income:
- For Q4FY26, total income was Rs 36.03 crore, down 18.37% YoY from Rs 44.14 crore in Q4FY25, and up 4.37% QoQ from Rs 34.52 crore in Q3FY26.
- For FY26, total income declined by 31.28% YoY to Rs 180.58 crore from Rs 262.78 crore in FY25.
Net Profit/(Loss) for the Period:
- Standalone net profit for Q4FY26 jumped to Rs 31.70 crore, a 9,806.25% YoY increase from Rs 0.32 crore in Q4FY25, and up 213.55% QoQ from Rs 10.11 crore in Q3FY26.
- For FY26, net profit reached Rs 212.07 crore, showing a 205.00% YoY improvement from Rs 69.53 crore in FY25.

Business Highlights:

Segment-wise Performance: For FY26, the total consolidated operating revenue of Rs 3.41 crore was primarily contributed by the 'Others' segment (Rs 2.63 crore), followed by the 'Precious Metals' segment (Rs 0.73 crore) and 'Fertilizers' (Rs 0.05 crore). All other segments reported nil revenue.
Anglo Coal Litigation: Regarding the Anglo Coal case, an amount of Rs 1,088.62 crore (comprising Rs 1,087.76 crore deposited in court and Rs 0.86 crore attached from the company's bank account) had been deposited with the Hon'ble Delhi High Court.
- On November 10, 2025, the court ordered the release of Rs 1,000.00 crore to Anglo Coal, which has been completed. The remaining liability towards Anglo Coal as on November 17, 2025, is estimated at Rs 170.58 crore.
NINL Divestment Proceeds: Following the divestment of the Neelachal Ispat Nigam Ltd (NINL) Joint Venture, the company’s share in the escrow account matured. MMTC received Rs 411.76 crore towards the principal and Rs 25.75 crore towards interest. The principal sum of Rs 411.76 crore was booked as income for the year under exceptional items.
Confiscated Gold Recovery: The company booked an income of Rs 13.21 crore under exceptional items towards the value of 12,503.700 gms of confiscated gold jewellery/dust/solder received from the Customs Department, following a Supreme Court order dated April 24, 2025.
VRS Funding: An interest-bearing advance/loan of Rs 40.00 crore was extended by the company to the CPF Trust for VRS employee payments. The trust has repaid Rs 31.50 crore during the year, and an interest income of Rs 2.25 crore was accounted for from the trust for FY26.
Bad Debts Written Back: Trade receivables amounting to Rs 75.49 crore were written off as bad debts by the Camp Office Chennai. The corresponding provisions against these receivables have been written back under exceptional items.
International Subsidiary Liquidation: MMTC Transnational Pte. Ltd. (MTPL), Singapore, is currently under liquidation with its control taken over by the Liquidator. MMTC has filed a formal complaint with the CBI regarding financial irregularities and fraud observed at MTPL.
Organizational Restructuring: The administrative ministry has directed MMTC to prepare a roadmap for scaling down manpower, which includes exiting from various Joint Ventures. The government is yet to decide the final exit route for MMTC, though its windmill business remains in operation.

Result PDF

Q4FY26 & FY26 Result Announced for Titagarh Rail Systems Ltd.

Commercial Vehicles company Titagarh Rail Systems announced Q4FY26 & FY26 results

Consolidated Financial Highlights:

Revenue from Operations:
- For Q4FY26, revenue stood at Rs 875.43 crore, reflecting an increase of 5.21% QoQ compared to Rs 832.06 crore in Q3FY26, while registering a decline of 12.94% YoY against Rs 1,005.57 crore in Q4FY25.
- For the full year FY26, revenue was Rs 3,185.82 crore, a decrease of 17.63% YoY compared to Rs 3,867.75 crore in FY25.
Total Income:
- Q4FY26 total income reached Rs 887.00 crore, up by 5.24% QoQ from Rs 842.84 crore in Q3FY26, but down by 14.33% YoY from Rs 1,035.43 crore in Q4FY25.
- For FY26, total income was Rs 3,234.26 crore, representing a 17.98% YoY drop from Rs 3,943.10 crore in FY25.
Profit/(Loss) for the Period/Year (Net Profit):
- The company reported a strong turnaround in Q4FY26 with a net profit of Rs 53.50 crore, recovering from a net loss of Rs 123.86 crore in Q4FY25. On a sequential basis, it grew by 18.15% QoQ from Rs 45.28 crore in Q3FY26.
- For FY26, the net profit stood at Rs 122.82 crore, showing a solid growth of 41.81% YoY compared to Rs 86.61 crore in FY25.

Standalone Financial Highlights:

Revenue from Operations:
- Standalone revenue for Q4FY26 was Rs 858.54 crore, growing 4.35% QoQ from Rs 822.72 crore in Q3FY26, but declining 14.01% YoY from Rs 998.44 crore in Q4FY25.
- For FY26, revenue stood at Rs 3,143.58 crore, down by 16.11% YoY against Rs 3,747.38 crore in FY25.
Total Income:
- Total income for Q4FY26 was Rs 868.91 crore, an increase of 4.26% QoQ from Rs 833.43 crore in Q3FY26, but a 15.49% YoY decrease from Rs 1,028.20 crore in Q4FY25.
- For FY26, total income fell by 16.53% YoY to Rs 3,190.75 crore from Rs 3,822.63 crore in FY25.
Profit/(Loss) for the Period/Year (Net Profit):
- Standalone net profit achieved a complete turnaround, posting Rs 68.02 crore in Q4FY26 versus a net loss of Rs 147.94 crore in Q4FY25. It also marked a 45.97% QoQ surge from Rs 46.60 crore in Q3FY26.
- For FY26, net profit almost doubled, jumping by 95.79% YoY to Rs 150.70 crore from Rs 76.97 crore in FY25.

Business Highlights:

Segment-wise Performance:
- Freight Rail Systems: Revenue for Q4FY26 was Rs 685.21 crore, up 4.40% QoQ (from Rs 656.36 crore) but down 24.71% YoY (from Rs 910.06 crore). FY26 revenue was Rs 2,604.25 crore, decreasing by 25.42% YoY from Rs 3,491.83 crore in FY25.
- Passenger Rail Systems: The segment witnessed tremendous growth with Q4FY26 revenue at Rs 173.33 crore, up 4.19% QoQ (from Rs 166.36 crore) and surging 91.93% YoY (from Rs 90.31 crore). For FY26, revenue more than doubled to Rs 539.33 crore, marking a 109.46% YoY leap from Rs 257.48 crore in FY25.
- Shipbuilding: Segment revenue stood at Rs 16.89 crore in Q4FY26. For FY26, revenue was Rs 42.24 crore compared to Rs 118.44 crore in FY25.
Dividend: The Board of Directors recommended a dividend of 50% (Re 1 per equity share of Rs 2/- each) for the financial year 2025-26, subject to shareholder approval.
Exit from Italian Operations: The company marked a complete exit from its European (Italian) operations. On March 4, 2026, the business and assets of its associate, Titagarh Firema S.p.A, were transferred as a going concern to Ferrovie dello Stato Italiane S.p.A (FS Group). The Board approved the provision of its entire direct and indirect financial exposure, which was charged under exceptional items.
Shipbuilding Business Transfer: Effective January 1, 2026, the Shipbuilding & Maritime Systems (SMS) business was transferred to its wholly-owned subsidiary, Titagarh Naval Systems Limited (TNSL), as a going concern on a slump sale basis. The transaction consideration of Rs 114.88 crore was discharged by TNSL via the issuance of equity shares.
Divestment of Singapore Subsidiary: The company entered into a Share Purchase Agreement to sell its entire stake in its dormant subsidiary, Titagarh Singapore Pte. Ltd., for a consideration of USD 1,54,707 (equivalent to Rs 1.46 crore).
Warrant Allotment: The company allotted 21,11,932 convertible warrants of Rs 947/- each on a preferential basis to the promoter group, aggregating to a total consideration of Rs 199.99 crore.

Result PDF

Q4FY26 & FY26 Result Announced for Swan Corp Ltd.

Commodity Trading & Distribution company Swan Corp announced Q4FY26 & FY26 results

Consolidated Financial Highlights:

Revenue from Operations:
- For Q4FY26, revenue stood at Rs 86,965.31 lakh, reflecting an increase of 1.62% YoY compared to Rs 85,575.29 lakh in Q4FY25. On a QoQ basis, it decreased by 24.38% from Rs 1,15,001.56 lakh in Q3FY26.
- For FY26, total revenue was Rs 4,37,119.56 lakh, marking a drop of 11.48% YoY against Rs 4,93,786.86 lakh in FY25.
Total Income:
- Reached Rs 1,50,858.39 lakh in Q4FY26, up significantly by 71.04% YoY from Rs 88,203.35 lakh in Q4FY25, and an increase of 28.12% QoQ from Rs 1,17,749.64 lakh in Q3FY26.
- For FY26, total income was Rs 5,14,351.46 lakh, down by 25.28% YoY from Rs 6,88,368.03 lakh in FY25.
Net Profit/(Loss) After Tax:
- The company posted a strong net profit of Rs 25,132.58 lakh in Q4FY26, showing a successful turnaround from a net loss of Rs 2,234.69 lakh in Q4FY25 and a net loss of Rs 118.02 lakh in Q3FY26.
- For FY26, the net profit stood at Rs 27,128.10 lakh, a decline of 68.98% YoY compared to Rs 87,440.51 lakh in FY25.

Standalone Financial Highlights:

Revenue from Operations:
- For Q4FY26, revenue was Rs 5,314.84 lakh, registering a 25.58% YoY growth from Rs 4,232.34 lakh in Q4FY25. However, it saw an 11.67% QoQ decline from Rs 6,016.77 lakh in Q3FY26.
- For FY26, revenue increased by 59.46% YoY to Rs 21,601.17 lakh from Rs 13,546.33 lakh in FY25.
Total Income:
- Reported at Rs 8,454.40 lakh in Q4FY26, jumping by 62.33% YoY from Rs 5,208.13 lakh in Q4FY25, and up 24.97% QoQ from Rs 6,765.21 lakh in Q3FY26.
- For FY26, total income grew by 67.40% YoY to Rs 28,446.96 lakh from Rs 16,993.45 lakh in FY25.
Net Profit/(Loss) After Tax:
- Surged massively to Rs 1,205.15 lakh in Q4FY26, an increase of 299.36% YoY from Rs 301.77 lakh in Q4FY25, and up by 443.45% QoQ from Rs 221.76 lakh in Q3FY26.
- For FY26, net profit reached Rs 2,759.66 lakh, up by 204.77% YoY compared to Rs 905.49 lakh in FY25.

Business Highlights:

Segment-wise Performance:
- Textile: Revenue for Q4FY26 was Rs 5,291.97 lakh, growing 35.07% YoY. For FY26, it reached Rs 20,682.78 lakh, marking a solid 82.75% YoY increase.
- Construction/Others: Revenue stood at Rs 1,522.28 lakh in Q4FY26 (down 37.52% YoY). FY26 revenue was Rs 12,577.59 lakh, slightly up by 3.64% YoY.
- Distribution & Development: The segment recorded a revenue of Rs 54,372.54 lakh in Q4FY26 (down 29.04% YoY). Full-year FY26 revenue was Rs 3,68,990.66 lakh, a 12.37% YoY decline.
- Warehousing: Q4FY26 revenue was Rs 2,150.73 lakh (up 2.00% YoY). FY26 revenue stood at Rs 6,654.66 lakh, dropping by 36.40% YoY.
- Shipyard: Displayed massive growth with Q4FY26 revenue of Rs 23,627.79 lakh, compared to just Rs 491.24 lakh in Q4FY25. FY26 revenue also leaped exponentially to Rs 28,213.87 lakh from Rs 703.46 lakh in FY25.
- Energy: The segment reported nil revenue for FY26 compared to Rs 38,103.52 lakh in FY25.
Dividend Recommendation: The Board of Directors has recommended a dividend of Re 0.15/- (Fifteen Paise only) per equity share of face value Re 1/- each (15%) for FY26, subject to shareholder approval.
Corporate Appointments: Mr. Sugavanam Padmanabhan has been re-appointed as Whole-Time Director for a further term of three years, commencing from September 24, 2026. Additionally, M/s. Nisha Patel & Associates was appointed as Cost Auditor, and Mr. Narendra Vala was appointed as Internal Auditor for FY27.
AGM & Record Date: The 118th Annual General Meeting (AGM) is scheduled to be held on September 04, 2026. The Board has fixed August 28, 2026, as the Record Date for determining dividend entitlement.

Result PDF

Q4FY26 & FY26 Result Announced for Concord Biotech Ltd.

Biotechnology company Concord Biotech announced Q4FY26 & FY26 results

Consolidated Financial Highlights:

Revenue from Operations:
- For Q4FY26, revenue stood at Rs 32,607.96 lakh, registering a decline of 24.15% YoY compared to Rs 42,988.38 lakh in Q4FY25. However, it witnessed an increase of 17.39% QoQ from Rs 27,776.60 lakh in Q3FY26.
- For FY26, revenue was Rs 1,05,489.07 lakh, reflecting a 12.10% YoY drop against Rs 1,20,008.69 lakh in FY25.
Total Income:
- Q4FY26 total income reached Rs 34,142.90 lakh, marking a 22.27% YoY decrease from Rs 43,926.78 lakh in Q4FY25, but an 18.66% QoQ growth compared to Rs 28,774.22 lakh in Q3FY26.
- For FY26, total income stood at Rs 1,10,724.60 lakh, representing a decline of 11.03% YoY from Rs 1,24,453.36 lakh in FY25.
Profit After Tax (Net Profit):
- The net profit for Q4FY26 was Rs 8,846.70 lakh, declining by 36.98% YoY compared to Rs 14,038.72 lakh in Q4FY25, while showing a strong 39.01% QoQ recovery from Rs 6,364.15 lakh in Q3FY26.
- For FY26, net profit was Rs 25,922.91 lakh, dropping by 30.25% YoY from Rs 37,164.23 lakh in FY25.

Standalone Financial Highlights:

Revenue from Operations:
- Standalone revenue for Q4FY26 was Rs 32,589.20 lakh, down by 24.19% YoY from Rs 42,988.38 lakh in Q4FY25, and up by 17.17% QoQ from Rs 27,813.39 lakh in Q3FY26.
- For FY26, revenue decreased by 12.08% YoY to Rs 1,05,507.10 lakh from Rs 1,20,008.69 lakh in FY25.
Total Income:
- For Q4FY26, total income stood at Rs 34,143.37 lakh, a decline of 22.27% YoY from Rs 43,926.78 lakh in Q4FY25, but an increase of 18.46% QoQ from Rs 28,821.61 lakh in Q3FY26.
- For FY26, total income reached Rs 1,10,780.16 lakh, falling by 10.99% YoY against Rs 1,24,453.36 lakh in FY25.
Profit After Tax (Net Profit):
- Standalone net profit for Q4FY26 was recorded at Rs 9,002.21 lakh, dropping by 36.58% YoY compared to Rs 14,193.76 lakh in Q4FY25, and improving by 32.81% QoQ from Rs 6,778.27 lakh in Q3FY26.
- For FY26, net profit was Rs 26,326.67 lakh, down by 29.41% YoY from Rs 37,296.44 lakh in FY25.

Business Highlights:

Dividend Recommendation: The Board of Directors has recommended a dividend of Rs 7.55 per equity share of face value of Re 1 each fully paid up for the financial year 2025-26, subject to shareholder approval.
Acquisition: Concord Biotech Limited acquired Celliimune Biotech Private Limited on April 2, 2026. The company invested Rs 1.2 lakh for the acquisition of shares out of a total consideration of Rs 66 lakh, making Celliimune Biotech Private Limited a wholly-owned subsidiary.
Exceptional Item (Statutory Impact): The company recognized an incremental liability of Rs 327.54 lakh towards employee benefit obligations, primarily arising from the revised definition of wages under the New Labour Codes notified by the Government of India. This has been disclosed under exceptional items.

Result PDF

Q4FY26 & FY26 Result Announced for JM Financial Ltd.

Holding company JM Financial announced Q4FY26 & FY26 results

Q4FY26 Consolidated Financial Highlights:

Total Revenue from Operations: Stood at Rs 949.12 crore in Q4FY26, registering a YoY decline of 5.46% compared to Rs 1,003.92 crore in Q4FY25, and a QoQ decline of 5.03% from Rs 999.36 crore in Q3FY26.
Total Income: Reported at Rs 969.21 crore, a decrease of 5.65% YoY (vs Rs 1,027.21 crore in Q4FY25) and a decline of 13.92% QoQ (vs Rs 1,125.87 crore in Q3FY26).
Net Profit for the Period: Stood at Rs 159.36 crore, witnessing a 32.19% YoY drop from Rs 235.01 crore in Q4FY25 and a 47.75% QoQ decrease compared to Rs 305.01 crore in Q3FY26.
Net Profit Attributable to Owners: Reported at Rs 165.36 crore in Q4FY26, down from Rs 209.53 crore in Q4FY25 and Rs 312.80 crore in Q3FY26.

FY26 Consolidated Financial Highlights:

Total Revenue from Operations: Amounted to Rs 4,091.10 crore, recording a 6.55% YoY decline compared to Rs 4,377.62 crore in FY25.
Total Income: Reached Rs 4,260.59 crore, down 4.32% YoY from Rs 4,452.83 crore in FY25.
Net Profit for the Year: Displayed strong growth, rising by 52.45% YoY to Rs 1,176.88 crore in FY26 compared to Rs 772.00 crore in FY25.
Net Profit Attributable to Owners: Increased significantly to Rs 1,201.97 crore in FY26, up from Rs 821.31 crore in FY25.

Q4FY26 Standalone Financial Highlights:

Total Revenue from Operations: Stood at Rs 119.37 crore, down 47.06% YoY (vs Rs 225.49 crore in Q4FY25) and 38.69% QoQ (vs Rs 194.71 crore in Q3FY26).
Total Income: Reported at Rs 121.98 crore, a decline of 46.91% YoY (vs Rs 229.76 crore in Q4FY25) and 72.07% QoQ (vs Rs 436.76 crore in Q3FY26).
Net Profit for the Period: Stood at Rs 25.67 crore, showing a significant YoY drop of 80.52% (vs Rs 131.80 crore in Q4FY25) and a QoQ drop of 91.09% (vs Rs 288.13 crore in Q3FY26).

FY26 Standalone Financial Highlights:

Total Revenue from Operations: Grew by 9.31% YoY to Rs 835.57 crore from Rs 764.39 crore in FY25.
Total Income: Increased by 24.71% YoY to Rs 1,202.17 crore from Rs 964.00 crore in FY25.
Net Profit for the Year: Registered a 24.85% YoY growth, standing at Rs 693.14 crore compared to Rs 555.17 crore in FY25.

Business & Segment Highlights:

Segment-wise Revenue Performance (Consolidated FY26): Effective April 1, 2025, operating segments were revised into four new reportable segments:
- Corporate Advisory and Capital Markets: Revenue stood at Rs 946.01 crore, registering a 20.13% YoY growth compared to Rs 787.50 crore in FY25.
- Wealth and Asset Management: Revenue reached Rs 1,458.63 crore, up 7.26% YoY from Rs 1,359.96 crore in FY25.
- Private Markets: Revenue declined to Rs 1,298.19 crore, down 29.22% YoY from Rs 1,834.14 crore in FY25.
- Affordable Home Loans: Revenue stood at Rs 455.21 crore, showcasing a 25.23% YoY growth from Rs 363.49 crore in FY25.
- Treasury and Others: Revenue reported at Rs 376.09 crore compared to Rs 324.65 crore in FY25.
Dividend: The Board of Directors recommended a final dividend of Rs 1.75 per share (face value of Re 1 each) for FY26.
Stock Options Allotment: During Q4FY26, the company allotted 34,679 equity shares to eligible employees upon the exercise of stock options, increasing the total paid-up equity share capital to Rs 95,63,70,552.
Overseas Subsidiary Investment: In Q4FY26, the company subscribed to 24,25,000 ordinary shares of USD 1 each of JM Financial Overseas Holdings Private Limited for an aggregate consideration of USD 3.59 million (approx. Rs 33.70 crore) to support the expansion of overseas businesses.
Income Tax Refund: The company received a favorable order from the Deputy Commissioner of Income Tax for AY 2008-09, resulting in an income tax refund of Rs 223.32 crore (including interest of Rs 112.80 crore) on November 14, 2025.
Exceptional Items (Impact of New Labour Codes): The Government of India's newly notified Labour Codes resulted in an increase in gratuity liability arising from past service. The company accounted for this incremental impact as an "Exceptional item" amounting to Rs 2.69 crore and Rs 21.29 crore in the standalone and consolidated financial results, respectively.

Vishal Kampani, Vice Chairman & Managing Director, JM Financial, said: “Escalating geopolitical tensions and its impact on the world continues to remain the dominant theme. These tensions are expected to impact key macro-economic indicators in India. We reported our highest ever PAT crossing Rs 1,200 crore for FY26 generating a return of equity of ~12%. The pipeline for equity and advisory transactions is swelling in the Corporate Advisory and Capital Markets segment. We’ve expanded significantly in people and infrastructure in wealth management over the last year and are now focused on improving productivity. Private Markets business has de-risked significantly with resolutions in distressed credit and repayments / pre-payments in real estate loans. Affordable home loans business has now expanded to over 150 branches and reported a strong 22% YoY growth in AUM and a 45% YoY growth in PAT.”

Result PDF

Q4FY26 & FY26 Result Announced for Olectra Greentech Ltd.

Commercial Vehicles company Olectra Greentech announced Q4FY26 & FY26 results

Q4FY26 Consolidated Financial Highlights:

Revenue from Operations: Stood at Rs 64,472.10 lakh in Q4FY26, registering a YoY growth of 43.62% compared to Rs 44,891.89 lakh in Q4FY25. On a QoQ basis, it witnessed a slight decline of 2.84% compared to Rs 66,359.99 lakh in Q3FY26.
Total Income: Reached Rs 64,590.56 lakh, showcasing a YoY increase of 42.44% (from Rs 45,344.41 lakh in Q4FY25) and a QoQ decline of 3.18% (from Rs 66,710.44 lakh in Q3FY26).
Profit Before Tax (PBT): Reported at Rs 7,981.27 lakh, representing a massive YoY surge of 172.83% from Rs 2,925.41 lakh in Q4FY25, and a QoQ growth of 24.56% from Rs 6,407.37 lakh in Q3FY26.
Net Profit After Tax (PAT): Stood at Rs 5,739.15 lakh, reflecting an exceptional YoY growth of 177.43% compared to Rs 2,068.68 lakh in Q4FY25, and a QoQ growth of 22.96% from Rs 4,667.66 lakh in Q3FY26.

FY26 Consolidated Financial Highlights:

Revenue from Operations: Grew by 28.32% YoY to Rs 2,31,216.78 lakh in FY26, compared to Rs 1,80,189.68 lakh in FY25.
Total Income: Increased by 28.24% YoY to Rs 2,32,651.29 lakh, up from Rs 1,81,421.38 lakh in the previous financial year.
Profit Before Tax (PBT): Stood at Rs 24,614.28 lakh, marking a 31.01% growth over Rs 18,788.38 lakh reported in FY25.
Net Profit After Tax (PAT): Achieved a healthy growth of 28.96% YoY, rising to Rs 17,952.89 lakh in FY26 from Rs 13,921.00 lakh in FY25.

Q4FY26 Standalone Financial Highlights:

Revenue from Operations: Reached Rs 63,521.72 lakh, increasing by 45.04% YoY (vs Rs 43,796.91 lakh in Q4FY25) and declining slightly by 2.93% QoQ (vs Rs 65,440.42 lakh in Q3FY26).
Total Income: Stood at Rs 63,600.19 lakh, up by 43.84% YoY (vs Rs 44,217.41 lakh in Q4FY25) and down by 3.32% QoQ (vs Rs 65,785.93 lakh in Q3FY26).
Profit Before Tax (PBT): Reported at Rs 7,188.22 lakh, an increase of 122.51% YoY (vs Rs 3,230.55 lakh in Q4FY25) and 12.66% QoQ (vs Rs 6,380.21 lakh in Q3FY26).
Net Profit After Tax (PAT): Stood at Rs 5,060.16 lakh, displaying a robust YoY growth of 108.08% (vs Rs 2,431.85 lakh in Q4FY25) and a QoQ growth of 7.39% (vs Rs 4,711.90 lakh in Q3FY26).

FY26 Standalone Financial Highlights:

Revenue from Operations: Grew to Rs 2,27,422.75 lakh, a rise of 28.99% from Rs 1,76,305.86 lakh in FY25.
Total Income: Amounted to Rs 2,28,810.77 lakh, increasing by 28.91% from Rs 1,77,491.75 lakh in FY25.
Profit Before Tax (PBT): Stood at Rs 23,714.41 lakh, marking a 27.34% YoY increase over Rs 18,623.37 lakh in FY25.
Net Profit After Tax (PAT): Reported at Rs 17,289.25 lakh, registering a 23.88% YoY growth from Rs 13,956.48 lakh in FY25.

Business & Segment Highlights:

Segment Reclassification: The company has renamed its operating segments. The manufacturing of Composite Polymer Insulators is now designated as the "Energy Division," while the Electric Vehicles segment (which includes e-buses and e-trucks) is now referred to as the "Mobility Division."
Segment-wise Performance:
- Energy Division: Generated Rs 10,552.16 lakh in revenue during Q4FY26, growing 94.19% YoY (from Rs 5,433.78 lakh in Q4FY25) and 17.81% QoQ (from Rs 8,957.06 lakh in Q3FY26). For the full year FY26, the segment revenue stood at Rs 32,544.29 lakh, marking an 80.69% increase YoY over Rs 18,010.83 lakh in FY25.
- Mobility Division: Generated Rs 53,919.94 lakh in revenue during Q4FY26, recording a 36.65% YoY growth (from Rs 39,458.11 lakh in Q4FY25) but faced a 6.07% QoQ decline (from Rs 57,402.93 lakh in Q3FY26). For FY26, the segment recorded Rs 1,98,672.49 lakh in revenue, a 22.50% YoY growth compared to Rs 1,62,178.85 lakh in FY25.
Dividend Announcement: The Board of Directors recommended a final dividend of 15% (i.e., Rs 0.60 only) per equity share on the face value of Rs 4.00 each for FY26.

Result PDF

Q4FY26 & FY26 Result Announced for Lemon Tree Hotels Ltd.

Hotels company Lemon Tree Hotels announced Q4FY26 & FY26 results

Consolidated Financial Highlights:

Revenue from Operations: For Q4FY26, the revenue stood at Rs 41,640.39 lakh, representing an increase of 2.55% from Rs 40,605.23 lakh in Q3FY26 and a growth of 10.01% compared to Rs 37,851.52 lakh in Q4FY25. For the full year FY26, revenue reached Rs 1,44,450.33 lakh, up 12.32% from Rs 1,28,607.77 lakh in FY25.
Total Income: Total income for Q4FY26 was Rs 41,950.45 lakh, an increase of 2.88% QoQ from Rs 40,775.12 lakh and a 10.57% growth YoY from Rs 37,939.53 lakh. For FY26, the total income was Rs 1,45,266.61 lakh compared to Rs 1,28,841.16 lakh in FY25.
Net Profit after Tax: The company reported a consolidated net profit of Rs 11,645.29 lakh in Q4FY26, marking a significant growth of 42.31% QoQ from Rs 8,183.07 lakh and a 7.68% increase from Rs 10,814.53 lakh in Q4FY25. For the full year FY26, net profit grew by 18.58% to Rs 28,831.82 lakh from Rs 24,314.54 lakh in FY25.
Total Comprehensive Income: For Q4FY26, total comprehensive income stood at Rs 11,651.36 lakh, compared to Rs 8,136.34 lakh in Q3FY26 and Rs 10,824.98 lakh in Q4FY25. On an annual basis, it was Rs 28,807.51 lakh in FY26 against Rs 24,316.89 lakh in FY25.
Earnings Per Share (EPS): Basic and diluted EPS for Q4FY26 was Rs 1.16, up from Rs 0.79 in Q3FY26 and Rs 1.07 in Q4FY25. For the full year FY26, EPS stood at Rs 2.87 compared to Rs 2.48 in FY25.

Standalone Financial Highlights:

Revenue from Operations: Standalone revenue for Q4FY26 was Rs 13,362.45 lakh, reflecting a 7.23% growth from Rs 12,461.90 lakh in Q3FY26 and a 20.78% increase from Rs 11,063.73 lakh in Q4FY25. For FY26, it was Rs 44,203.93 lakh against Rs 38,462.77 lakh in FY25.
Total Income: Total income for the quarter stood at Rs 13,488.82 lakh, up 7.94% QoQ and 21.73% YoY. Annual total income for FY26 reached Rs 44,425.10 lakh compared to Rs 38,549.45 lakh in FY25.
Net Profit after Tax: Standalone net profit for Q4FY26 was Rs 4,228.52 lakh, an 82.60% increase from Rs 2,315.76 lakh in Q3FY26 and a 17.59% growth from Rs 3,595.83 lakh in Q4FY25. For FY26, standalone PAT was Rs 10,847.01 lakh, up 7.94% from Rs 10,048.74 lakh in FY25.
Total Comprehensive Income: For the quarter ended March 31, 2026, standalone total comprehensive income was Rs 4,241.21 lakh. On an annual basis, it reached Rs 10,839.28 lakh for FY26.

Business Highlights:

Restructuring and Demerger: The Board of Directors approved a proposed Composite Scheme of Arrangement on January 09, 2026, involving the demerger and restructuring of group entities. This will result in the segregation of the hotel ownership & development business from the hotel management & brand business into separate focused platforms. The scheme has received approval from the Competition Commission of India (CCI) subsequent to the year-end on April 7, 2026.
Stake Acquisition in Material Subsidiary: Subsequent to the year-end on May 22, 2026, Coastal Cedar Investments B.V. acquired a 41.09% equity stake in Fleur Hotels Limited (a material subsidiary of the company) from APG Strategic Real Estate Pool N.V.
Segment Performance: The Group operates exclusively in the "Hoteliering" business, which constitutes a single operating segment.
Exceptional Items (Consolidated): The group recorded exceptional items totaling Rs 3,326.59 lakh for FY26, which included a Rs 2,551.13 lakh impact due to new Labour Codes and one-time ex-gratia payments, a Rs 478.54 lakh expense for a one-time property tax settlement with the Municipal Corporation of Delhi, and Rs 296.92 lakh in expenses related to group restructuring.
Stock Appreciation Rights: During FY26, the company granted equity-settled Stock Appreciation Rights (SARs) under the "LTHL Stock Appreciation Rights Scheme - 2024", recognizing an expense of Rs 150.24 lakh for the quarter and year ended March 31, 2026.

Result PDF

Q4FY26 & FY26 Result Announced for Inox Wind Ltd.

Heavy Electrical Equipment company Inox Wind announced Q4FY26 & FY26 results

Consolidated Financial Highlights:

Total Income from operations (net) for Q4FY26 was Rs 1,30,550 lakh, showing a growth of 5.42% QoQ from Rs 1,23,842 lakh in Q3FY26 and a marginal decrease of 0.39% YoY compared to Rs 1,31,065 lakh in Q4FY25.
Revenue from operation (Net of reversal & taxes) for Q4FY26 stood at Rs 1,24,424 lakh, representing a 3.05% increase QoQ from Rs 1,20,745 lakh and a 2.40% decrease YoY from Rs 1,27,482 lakh.
Net Profit for Q4FY26 was Rs 10,568 lakh, a decrease of 16.56% QoQ from Rs 12,665 lakh and a decline of 44.48% YoY from Rs 19,034 lakh.
For the full year FY26, Revenue from operation (Net of reversal & taxes) reached Rs 4,39,712 lakh, a growth of 23.61% compared to Rs 3,55,715 lakh in FY25.
Annual Total Income from operations (net) for FY26 was Rs 4,56,896 lakh, up 23.43% from Rs 3,70,155 lakh in FY25.
Consolidated Net Profit for FY26 stood at Rs 44,909 lakh, representing an increase of 2.62% from Rs 43,762 lakh in FY25.
Basic and Diluted Earnings Per Share (EPS) for FY26 was Rs 2.65, compared to Rs 2.77 in FY25.

Standalone Financial Highlights:

Total Income for Q4FY26 reached Rs 1,17,252 lakh, an increase of 6.21% QoQ from Rs 1,10,398 lakh and a decrease of 9.58% YoY from Rs 1,29,671 lakh.
Revenue from operation (Net of reversal & taxes) for Q4FY26 was Rs 1,15,146 lakh, rising 6.43% QoQ from Rs 1,08,192 lakh and declining 10.46% YoY from Rs 1,28,599 lakh.
Standalone Net Profit for Q4FY26 was Rs 8,755 lakh, reflecting a 30.70% decrease QoQ from Rs 12,633 lakh and a 53.84% decrease YoY from Rs 18,968 lakh.
For the full year FY26, Revenue from operation reached Rs 3,89,640 lakh, a growth of 11.37% over Rs 3,49,874 lakh in FY25.
Standalone Total Income for FY26 was Rs 4,12,484 lakh, up 15.76% from Rs 3,56,318 lakh in FY25.
Standalone Net Profit for FY26 stood at Rs 54,746 lakh, showing a significant growth of 42.55% compared to Rs 38,406 lakh in FY25.

Business Highlights:

Segment Performance: The group operates in a single business segment, categorized as "Engineering Products," which includes the manufacture and distribution of Wind Turbine Generators (WTG) and related EPC, O&M, and common infrastructure facility services.
Rights Issue: The Board of Directors approved the issuance of equity shares on a rights basis for an amount aggregating up to Rs 1,250 crore. The aggregate issue size was Rs 1,249.33 crore at an issue price of Rs 120 per share (including a premium of Rs 110 per share).
Demerger of Power Evacuation Business: The demerger of the Power Evacuation business from Inox Green Energy Services Limited (Demerged Company) to Inox Renewable Solutions Limited (Resulting Company) was sanctioned by the NCLT on March 12, 2026, and became effective on May 04, 2026.
New Subsidiaries: During FY26, the group incorporated four new wholly owned subsidiaries: Giral Bess private limited (September 02, 2025), Sadla Windone Private Limited (December 05, 2025), Sadla Windtwo Private Limited (December 07, 2025), and Sadla Windthree Private Limited (January 12, 2026).
Labour Code Impact: The company evaluated the impact of the New Labour Codes (notified on November 21, 2025), recording Rs 209.01 lakh on its standalone financial statements and Rs 271.89 lakh on its consolidated financial statements.
Exceptional Items: For FY26, the group recognized exceptional items amounting to a loss of Rs 1,346 lakh on account of doubtful inter-corporate deposits in a subsidiary.

Result PDF

Q4FY26 & FY26 Result Announced for Natco Pharma Ltd.

Pharmaceuticals company Natco Pharma announced Q4FY26 & FY26 results

Consolidated Financial Highlights:

Revenue from Operations: Revenue for Q4FY26 stood at Rs 7,391 million, a QoQ increase of 14.18% from Rs 6,473 million but a YoY decline of 39.47% from Rs 12,210 million. For the full year FY26, consolidated revenue was Rs 40,783 million against Rs 44,295 million in FY25.
Total Income: Total income for Q4FY26 reached Rs 8,169 million, up 15.81% from Rs 7,054 million in Q3FY26 (QoQ) and down 36.54% from Rs 12,873 million in Q4FY25 (YoY). For the full year FY26, total income was Rs 43,759 million versus Rs 47,840 million in FY25.
Profit Before Tax (PBT): Consolidated PBT (before share of profit of associate) for Q4FY26 was Rs 1,441 million, down 10.55% QoQ from Rs 1,611 million and down 71.52% YoY from Rs 5,059 million. Full-year PBT for FY26 was Rs 14,908 million compared to Rs 22,914 million in FY25.
Net Profit: Net profit for Q4FY26 was Rs 2,690 million, showing a QoQ growth of 77.79% from Rs 1,513 million and a YoY decline of 33.74% from Rs 4,060 million. For the full year FY26, consolidated net profit was Rs 14,185 million against Rs 18,834 million in FY25.

Standalone Financial Highlights:

Revenue from Operations: For Q4FY26, revenue was Rs 6,088 million, an increase of 15.13% from Rs 5,288 million in Q3FY26 (QoQ) but a decrease of 47.40% compared to Rs 11,574 million in Q4FY25 (YoY). For the full year FY26, revenue stood at Rs 35,946 million against Rs 40,945 million in FY25.
Total Income: Total income for Q4FY26 was Rs 6,817 million, representing a QoQ growth of 16.71% from Rs 5,841 million and a YoY decline of 44.10% from Rs 12,195 million. Full year total income was Rs 38,757 million compared to Rs 44,158 million in the previous year.
Profit Before Tax (PBT): For Q4FY26, PBT was Rs 1,100 million, a decrease of 12.14% QoQ from Rs 1,252 million and a decrease of 78.88% YoY from Rs 5,208 million. Full-year PBT for FY26 was Rs 13,641 million versus Rs 22,260 million in FY25.
Net Profit: The company reported a net profit of Rs 2,096 million for Q4FY26, up 96.07% over Rs 1,069 million in Q3FY26 (QoQ) but down 51.04% compared to Rs 4,281 million in Q4FY25 (YoY). For the full year FY26, net profit was Rs 12,815 million compared to Rs 18,504 million in FY25.

Business Highlights

Segmental Revenue Split (Consolidated):
- Active Pharmaceutical Ingredients (API): Revenue for Q4FY26 was Rs 63.9 crore, and full-year FY26 revenue was Rs 234.7 crore.
- Domestic Formulations: Revenue for Q4FY26 was Rs 108.7 crore, and full-year FY26 revenue was Rs 440.9 crore.
- Formulations export (Including profit share and subsidiaries): Revenue for Q4FY26 was Rs 539.6 crore, and full-year FY26 revenue was Rs 3,234.5 crore.
- Crop Health Sciences (CHS): Revenue for Q4FY26 was Rs 22.6 crore, and full-year FY26 revenue was Rs 138.2 crore.
- Other operating and non-operating income: Revenue for Q4FY26 stood at Rs 82.1 crore, and for FY26 was Rs 327.5 crore.
South African Acquisition: NATCO completed the acquisition of a 35.75% equity stake in Adcock Ingram Holdings Limited, South Africa, on November 11, 2025, for a consideration of ZAR 3,873 million (approximately Rs 19,912 million). For FY26, the Group recognized a share of profit of Rs 466 million (net of tax) from this associate.
Agro Chemical Business Demerger: The Board of Directors approved a Scheme of Arrangement for the demerger of the company's Agro Chemical business undertaking into NATCO Crop Health Sciences Limited, a newly incorporated wholly owned subsidiary.
Tax Regime Election: The company elected to move to the new tax regime under Section 115BAA of the Income-tax Act, 1961, effective from FY26-27. This re-measurement of deferred tax assets resulted in a one-time benefit of Rs 1,150 million (Rs 115 crore) recognized during the quarter and year ended March 31, 2026.
Dividends: The Board has approved a total dividend of Rs 5 per equity share on equity shares of face value Rs 2 each for the financial year ended March 31, 2026, including interim dividends.

Result PDF

Larsen & Toubro (L&T) has identified coal gasification as a key emerging opportunity within its new energy portfolio

Published on 02-Jun-2026 09:15

India has issued a Letter of Request (LoR) to France for the procurement of 114 Rafale fighter

Published on 02-Jun-2026 09:13

Wipro Ltd said that it will acquire an additional 20 percent stake in Aggne Global Inc

Published on 02-Jun-2026 09:13

OEM wholesale sales volume for May 2026 came in healthy

Published on 02-Jun-2026 09:12

Steel Strips Wheels Limited (SSWL) reported a monthly net turnover of ₹ 486 crores in May 2026

Published on 02-Jun-2026 09:10

Siemens Limited has completed the sale of its Low Voltage Motors and Geared Motors business

Published on 02-Jun-2026 09:09

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Nifty Smallcap 250 Results: Latest Quarterly Results & Analysis

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