The Board of Directors of Banco Products (India) Limited convened on February 12, 2026, to approve the Standalone and Consolidated Unaudited Financial Results for the quarter and nine months ended December 31, 2025. The results received an Unmodified Opinion from the auditors following a Limited Review. The meeting commenced at 03:30 p.m. and concluded shortly after at 04:30 p.m. Key financial data is detailed in the accompanying annexures.
Outcome of Board Meeting: Q3 FY2026 Financial Results
Banco Products (India) Limited has formally announced the outcome of its Board Meeting held on February 12, 2026. The Board successfully considered and approved the Unaudited Standalone and Consolidated Financial Results for the quarter and nine months ended December 31, 2025. Furthermore, the Board noted the Limited Review Report from the auditors, which provided an Unmodified Opinion on these financial statements.
Meeting Details
The official proceedings of the Board of Directors commenced at 03:30 p.m. and reached conclusion by 04:30 p.m. on the announcement date.
Key Financial Highlights (Standalone Basis)
Revenue and Profitability Comparison
Analyzing the Standalone results for the quarter ended 31.12.2025 (Unaudited) against the previous year’s comparable quarter (31.12.2024):
- Revenue from Operations: Increased to ₹28,617 Lakhs from ₹25,320 Lakhs, showing strong operational growth.
- Total Income: Rose to ₹28,844 Lakhs from ₹25,534 Lakhs.
- Profit Before Tax (Exceptional Items): Stood at ₹4,347 Lakhs, a significant improvement from the ₹3,102 Lakhs reported previously.
- Profit After Tax (PAT): Rose to ₹3,229 Lakhs, up from ₹2,146 Lakhs in the prior year’s quarter.
Nine Months Period Ended 31.12.2025 (Standalone)
For the cumulative nine-month period, the performance indicates sustained growth:
- Revenue from Operations: Reached ₹79,530 Lakhs compared to ₹67,638 Lakhs in the preceding year.
- Profit After Tax (PAT): Totaled ₹13,777 Lakhs, improving from ₹8,961 Lakhs previously reported for the nine-month period.
Key Financial Highlights (Consolidated Basis)
Revenue and Profitability Comparison (Consolidated)
For the quarter ended 31.12.2025 (Consolidated):
- Revenue from Operations: Totaled ₹55,051 Lakhs, an increase from ₹47,978 Lakhs year-over-year.
- Profit Before Tax (Exceptional Items): Stood at ₹6,147 Lakhs, compared to ₹4,347 Lakhs in the corresponding quarter last year.
- Profit After Tax (PAT): Reached ₹3,129 Lakhs, against ₹2,861 Lakhs previously.
Nine Months Period Ended 31.12.2025 (Consolidated)
For the cumulative nine-month period, the consolidated performance is as follows:
- Revenue from Operations: Reached ₹1,57,509 Lakhs, up from ₹1,35,024 Lakhs.
- Profit After Tax (PAT): Totaled ₹6,320 Lakhs, compared to ₹2,693 Lakhs for the nine months ended 31.12.2024.
Notes on Financial Reporting
Management highlighted several key points regarding the preparation of these results. The figures adhere to Indian Accounting Standards (IND AS) and Section 133 of the Companies Act, 2013. The Company operates primarily in the Automobile Ancillary business, representing a single reportable segment.
A significant note concerns a fire incident at the warehouse of NRF Holding B.V. (a wholly-owned subsidiary). The Group estimated and filed a preliminary claim for Euro 5.97 Mn (approximately ₹6,230 Lakhs), recognizing ₹1,815 Lakhs under exceptional items for the current quarter. An interim claim of Euro 2.96 Mn has been received, though the final settlement is pending.
Furthermore, the review of the consolidated statements included information from other subsidiaries. Specifically, two other subsidiary companies accounted for total assets of ₹1,71,107.89 Lakhs and total revenues of ₹1,91,062.60 Lakhs for the nine months ended December 31, 2025. The conclusion on the consolidated statement is partly based on the review reports furnished by other auditors for these specific entities.
Auditor’s Conclusion
The Statutory Auditors, PSCA & Co., confirmed that based on their review of the Unaudited Standalone Financial Results, nothing has come to their attention that would indicate the statement, prepared under IND AS 34, contains any material misstatement or fails to disclose required information under applicable regulations.
Source: BSE
