The Board of Directors at DOMS Industries approved the unaudited financial results for Q3 FY26. They also greenlit a joint venture with Seven SpA for backpacks and bags, targeting completion by June 30, 2026. Additionally, the board approved the incorporation of the ‘DOMS Foundation’ to enhance Corporate Social Responsibility initiatives. Paid-up equity share capital increased to ₹60,68,83,360 following stock option allotments.
Financial Performance Highlights
DOMS Industries reported its unaudited standalone financial results for Q3 FY26. Key figures from the standalone results include:
- Revenue from operations: ₹51,113.84 lakhs
- Total Income: ₹51,442.80 lakhs
- Profit Before Tax: ₹7,252.47 lakhs
- Net Profit: ₹5,421.63 lakhs
The board also reviewed the consolidated financial results. Key figures from the consolidated results include:
- Revenue from operations: ₹59,219.42 lakhs
- Total Income: ₹59,570.43 lakhs
- Profit Before Tax: ₹8,220.69 lakhs
- Net Profit: ₹6,140.77 lakhs
Joint Venture with Seven SpA
DOMS Industries is forming a 50:50 Joint Venture with Seven SpA, a F.I.L.A. Group Company, to focus on backpacks, pencil cases, and bags. The initial investment will be up to ₹15,00,00,000. The joint venture formation is targeted for completion by June 30, 2026.
Incorporation of DOMS Foundation
The company will incorporate a Section 8 company named ‘DOMS Foundation’. This foundation will promote and execute various Corporate Social Responsibility initiatives of the DOMS Group, enhancing the effectiveness and reach of their community engagement.
Allotment of Equity Shares
The company allotted 525 Equity Shares of face value ₹10/- each, pursuant to the exercise of stock options. Consequent to the allotment, the paid-up Equity Share capital increased from ₹60,68,78,110 to ₹60,68,83,360.
Source: BSE
