Ajax Engineering Limited Board Approves Q3 FY2026 Unaudited Financial Results and Review Report

The Board of Directors of Ajax Engineering Limited approved the unaudited financial results for the quarter and nine months ended December 31, 2025. The results received an unmodified opinion from the Statutory Auditors following their limited review. Revenue from operations for the quarter reached ₹4,335.48 million, leading to a Profit Before Tax of ₹517.11 million for the three months ending December 2025. The company also disclosed an exceptional item related to the impact of new Labour Codes.

Board Approval of Q3 FY2026 Financials

Ajax Engineering Limited announced that its Board of Directors, following a meeting on February 12, 2026, formally considered and approved the unaudited financial results for the quarter and nine months ended December 31, 2025. This approval was based on the recommendation of the Audit Committee, which also met on the same day.

Key Financial Highlights (Three Months Ended Dec 31, 2025)

The financial statement summary indicates robust performance across key indicators for the third quarter of the financial year 2025-2026:

  • Revenue from operations stood at ₹4,335.48 million.
  • Total income for the quarter was ₹4,468.09 million.
  • Total expenses amounted to ₹3,919.94 million.
  • Profit Before Tax (PBT) for the period was ₹517.11 million.
  • The Profit for the period (Net Profit) reached ₹382.41 million.

Nine Months Ended Performance

For the cumulative nine months ending December 31, 2025, the company reported:

  • Total income of ₹13,808.25 million.
  • Profit Before Tax of ₹1,752.73 million.
  • Total comprehensive income amounted to ₹1,306.25 million.

Earnings Per Share (EPS) for the quarter was ₹3.34 (Basic) and ₹3.32 (Diluted). For the nine-month period, Basic EPS was ₹11.38.

Exceptional Item and Segment Reporting

The company recognized an Exceptional Item totaling ₹31.04 million, labeled as the ‘Impact of labour codes,’ which affected the Profit Before Tax calculation for the period. Management confirmed that the company operates as a single business segment, focusing on the “manufacturer of concrete equipment”, consistent with Ind AS 108 guidelines.

Auditor Review Conclusion

The limited review report, issued by M/s. S. R. Batliboi and Associates LLP, confirmed that the unaudited financial results are presented fairly and do not contain any material misstatements, expressing an unmodified opinion.

IPO Context

The notes clarify that during the previous fiscal year ended March 31, 2025, the company successfully completed its Initial Public Offering (IPO) of 20,180,446 equity shares, which were subsequently listed on the NSE and BSE on February 17, 2025.

Source: BSE

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