Results - Announcements
Tega Industries Ltd share price declined 5.10% to Rs 1721.85 after the company's net profit tanked by 45.71% to Rs 58.77 crore, while revenue from operations increased sharply by 146.83% to Rs 4254.04 crore in Q3FY26 over Q2FY26.
The market capitalization of Industrial Products industry group stocks on BSE stood at Rs 3.82 lakh crore, expanding by 15.89%. It has improved by 5% over last one week and spiked sharply by 22.09% in last one month while the market capitalization of Tega Industries Ltd has inched up 2.37% and 6.77% in the same period respectively.
Profit before tax (PBT) of Tega Industries Ltd stood at Rs 72.9 crore in Q3 FY26, jumping 24.13% year-on-year, and tumbling by 162.59% quarter-on-quarter. EBITDA came in at Rs 448 crore, rallying 738.68% YoY and surging by 1075.16% sequentially.
Total expenses soared by 125.87% to Rs 3933.48 crore in Q3FY26 over Q3FY25. During the quarter, cost of materials consumed stood at Rs 2413.86 crore, witnessing a sharp rise of 184.21% YoY, while employee benefits expense was at Rs 386.51 crore, surging 119.50% YoY.
For the TTM ended FY26, revenue from operations inched higher 3.25% to Rs 1691.94 crore, while net profit plunged by 28.72% to Rs 142.65 crore, compared to previous TTM. EBITDA jumped by 28945% to Rs 149.53 crore, and PBT collapsed by 22.41% to Rs 201.11 crore compared to previous TTM.
The company's consolidated net cash flow from operating activities stood at Rs 350.34 crore in FY26, as against Rs 195.03 crore in FY25.
Tega Industries Ltd nosedived by 9.70% in last one year, significantly underperforming the benchmark BSE Sensex which has eased by 4.80% during the same period.