Concord Biotech Limited announced the results of its Board Meeting held on February 11, 2026. The Board approved the Unaudited Standalone and Consolidated Financial Results for the third quarter and nine months ended December 31, 2025. Additionally, the company appointed Mr. Paritosh Trivedi as the new Company Secretary, Compliance Officer, and Nodal Officer, effective the same day.
Financial Results for Q3 FY2026 Approved
The Board of Directors of Concord Biotech Limited, following the recommendation of the Audit Committee, formally approved the Unaudited Standalone and Consolidated Financial Results for the third quarter (Q3) and the nine months ended December 31, 2025. These results have also been subjected to a Limited Review by the Statutory Auditors, M/s. BSR & Co. LLP, who issued an Unmodified Opinion.
Key Standalone Financial Highlights (Q3 Ended Dec 31, 2025)
The financial tables reveal several key figures from the standalone segment:
- Total Income (Standalone): Stood at ₹28,774.22 lakhs for the quarter, compared to ₹25,894.96 lakhs in the corresponding quarter last year.
- Profit After Tax (Standalone) for the Period: ₹6,364.15 lakhs for the quarter ended December 31, 2025.
- Total Comprehensive Income (Standalone) for the Period: ₹8,658.88 lakhs for the quarter.
- Exceptional Items: A statutory impact of ₹327.54 lakhs related to new labour codes was recorded under exceptional items for both the quarter and nine months ended December 31, 2025.
Consolidated Financial Performance Summary
The consolidated results also showed strong performance:
- Total Income (Consolidated): Reached ₹28,774.22 lakhs for the quarter ended December 31, 2025.
- Profit After Tax (Consolidated) for the Period: Attributable to the owners of the company was ₹6,447.66 lakhs for the quarter.
- Total Comprehensive Income (Consolidated): Total comprehensive income for the period attributable to the owners of the company was ₹8,745.63 lakhs.
Appointment of Key Managerial Personnel (KMP)
Following a recommendation from the Nomination and Remuneration Committee, the Board approved the appointment of Mr. Paritosh Trivedi (Membership No. A63623) as the Company Secretary, Compliance Officer, and Nodal Officer. The appointment is effective from February 11, 2026. Mr. Trivedi brings approximately 5 years of experience in corporate compliance and governance.
Notes on Financial Reporting
Management clarified that the business operates as a single operating segment (Ind AS 108). Furthermore, an incremental liability of ₹327.54 lakhs was recognized due to the revised definition of wages under the newly notified Labour Codes, disclosed as an exceptional item.
Source: BSE