Prince Pipes and Fittings Limited announced that its Board of Directors approved the Unaudited Financial Results for the quarter and nine months ended December 31, 2025. The results, which include a Limited Review Report from the Statutory Auditors, were finalized following a Board Meeting on February 10, 2026. The comprehensive financial performance data reflects key movements in revenue, expenses, and comprehensive income across the periods reviewed.
Board Approval of Quarterly Financials
The Board of Directors of Prince Pipes and Fittings Limited convened on Tuesday, February 10, 2026, to consider and approve the Unaudited Financial Results. The meeting commenced at 12:30 p.m. and concluded at 4:14 p.m. The approved results pertain to the quarter ending December 31, 2025, and the nine months ending December 31, 2025, alongside the corresponding Limited Review Report.
Key Financial Highlights (Unaudited – Rs. in million)
The statement of unaudited financial results details performance across both quarterly and nine-month periods, comparing them against previous periods.
Three Months Ended December 31, 2025 vs. 2024
- Total Income: Stood at 5,752.13 million for the current quarter, compared to 5,793.64 million in the corresponding quarter of the previous year (31.12.2024).
- Profit/(Loss) after tax (after exceptional items): The company reported a loss of (23.75 million) in the current quarter, against a loss of (204.24 million) in Q3 FY2024.
- Total Comprehensive Income/(Loss): The result was a comprehensive loss of (18.79 million) for the three months ended 31.12.2025.
Nine Months Ended December 31, 2025 vs. 2024
- Total Income: Reached 17,545.60 million, against 18,122.89 million for the nine months ended 31.12.2024.
- Profit/(Loss) after tax (after exceptional items): The net profit for the nine-month period was 170.77 million, compared to a loss of (204.24 million) in the prior corresponding period.
- Total Comprehensive Income/(Loss): The company achieved a comprehensive income of 176.78 million for the nine-month period, a significant improvement from the (204.24 million) loss recorded in the previous year’s nine months.
Exceptional Items and Notes
The results include an Exceptional Item (net of tax) of 20.48 million for both the quarter and the nine months ended 31.12.2025. This item relates to an estimated increase in provision for employee benefits due to the consolidation of labour legislations into The New Labour Code, effective November 21, 2025.
Furthermore, Note 3 indicates that sales for the quarter and period ended 31.12.2025 included a writeback of INR 51.50 million pertaining to an excess scheme provision from an earlier period.
Auditor’s Review Conclusion
Chartered Accountants N. A. Shah Associates LLP stated that based on their review, nothing has come to their attention that causes them to believe the accompanying Statement is materially misstated or fails to disclose required information according to applicable accounting standards and regulations. The review report is dated February 10, 2026.
Company Leadership Endorsement
The financial statements were approved by the Board of Directors and were presented on behalf of the Board by Jayant S. Chheda, Chairman and Managing Director. The document was duly attested by Shailesh Bhaskar, Company Secretary & Compliance Officer.
Source: BSE
