Banco Products (India) Limited has announced its Unaudited Standalone and Consolidated Financial Results for the quarter and nine months ended December 31, 2025. The Board of Directors approved these results on February 12, 2026, following a review by the Audit Committee. The results received an Unmodified Opinion from the auditors. Notably, the results include an exceptional item related to an insurance claim following a fire incident at a subsidiary, impacting the current period’s profitability.
Board Approval of Q3 Financial Performance
The Board of Directors of Banco Products (India) Limited convened on February 12, 2026, to consider and approve the Unaudited Financial Results for the third quarter and nine months ended December 31, 2025. The results, presented on both a Standalone and Consolidated basis, were accompanied by a Limited Review Report from the auditors, which concluded with an Unmodified Opinion.
Key Financial Highlights (Standalone Basis)
Comparing the current quarter (Q3 FY2025-26) to the corresponding period last year (Q3 FY2024-25):
- Total Revenue from Operations: Increased from ₹59,826 Lakhs to ₹78,183 Lakhs.
- Profit Before Tax (Exceptional Items): Stood at ₹4,647 Lakhs for the quarter, significantly impacted by the exceptional event detailed below.
- Total Profit for the Period: For the quarter, the profit stood at ₹3,083 Lakhs, up from ₹2,861 Lakhs in the previous year’s comparable period.
Nine Months Performance Summary (Standalone)
For the cumulative nine months ended December 31, 2025:
- Total Revenue from Operations: Grew to ₹2,17,653 Lakhs from ₹1,71,560 Lakhs in the prior corresponding period.
- Profit Before Tax (Exceptional Items): Reached ₹14,926 Lakhs.
- Profit After Tax: Total profit for the nine-month period was ₹11,899 Lakhs.
Exceptional Items: Fire Incident at Subsidiary
A critical note pertains to an incident of fire at the warehouse of NRF Holding B.V., a wholly owned subsidiary. The company recognized ₹1,815 Lakhs under Exceptional Items for the quarter and nine months ended December 31, 2025, related to the preliminary claim filed against the insurance company for Euro 5.97 Mn. An interim claim of Euro 2.96 Mn has been received, but the final claim settlement is still pending.
Review and Compliance Confirmation
The financial results were formally reviewed by the Audit Committee on February 12, 2026, and subsequently approved by the Board. The figures presented comply with Indian Accounting Standards (Ind AS). The company continues to operate within a single reportable segment: the Automobile Ancillary business.
Source: BSE
