Prince Pipes and Fittings Limited announced the outcome of its Board Meeting held on February 10, 2026. The Board approved the Unaudited Financial Results (Standalone) for the quarter and nine months ended December 31, 2025. The review process was completed by the Statutory Auditors. A key highlight includes an exceptional item related to a mandatory employee benefit provision adjustment of ₹20.48 million (net of tax) due to new Labour Codes.
Outcome of Board Meeting: Q3 FY2026 Results
The Board of Directors of Prince Pipes and Fittings Limited convened on Tuesday, February 10, 2026, commencing at 12:30 p.m. and concluding at 4:14 p.m. During the meeting, the Board inter alia considered and formally approved the Unaudited Financial Results for both the quarter and nine months ended December 31, 2025.
Financial Performance Summary (Rs. in Million)
The accompanying statement shows the key movements in the financial performance for the period ending 31.12.2025 compared to previous periods.
For the Three Months Ended 31.12.2025:
- Total Income stood at ₹5,752.13 million.
- Profit/(Loss) for the period after tax (after exceptional items) was (₹18.79 million).
- Basic Earnings Per Share (EPS) (including exceptional item) was (₹0.21) per share.
For the Nine Months Ended 31.12.2025:
- Total Income reached ₹17,545.60 million.
- Profit/(Loss) for the period after tax (after exceptional items) was ₹176.78 million.
- Basic Earnings Per Share (EPS) (including exceptional item) was ₹1.54 per share.
Exceptional Item Disclosure
Note 4 details an Exceptional Item amounting to ₹20.48 million (net of tax) recognized during the period. This adjustment relates to the estimated increase in provision for employee benefits resulting from the consolidation of existing labour legislations into The New Labour Code, effective November 21, 2025.
Company Overview
Prince Pipes and Fittings Limited is primarily engaged in the manufacturing and selling of Pipes, Fittings, and allied products, including UPVC, CPVC, PPR, and HDPE Pipes, Fittings, Valves, and Water Tanks.
Source: BSE
