Q3 FY26 earnings calls.

Dr. Lal PathLabs reported Q3 FY26 revenue of ₹660 crore (+10.6% YoY) and EBITDA of ₹179 crore (+16.3% YoY), with EBITDA margin expanding 130bps to 27.2%. PAT declined 7% to ₹91 crore due to a one-time labor code cost of

Dr. Reddy's Q3 FY26 revenue grew 4.4% YoY to INR 8,727 crore, with base business (ex-lenalidomide) delivering double-digit growth. EBITDA margin of 23.5% (24.8% adjusted for one-time labor code provision) declined 401bps

Dr. Reddy's Q3 FY26 consolidated revenue grew 4.4% YoY to ₹8,727 crore, driven by double-digit growth in base business excluding lenalidomide and favorable forex. Reported EBITDA margin of 23.5% included a one-time provi

Ducon Infratechnologies reported Q3 FY26 total income of ₹94.31 crore with EBITDA of ₹5.84 crore (6.19% margin) and net profit of ₹2.31 crore. The company is positioning itself at the intersection of environmental engine

Duroply's Q3 FY26 revenue grew 3.6% YoY to ₹93.05 crore, but declined 11% QoQ due to pollution-related construction bans in North India. EBITDA rose 23.7% YoY to ₹5.4 crore, with margin expanding 90bps to 5.8%, driven by

Dynacons delivered a steady Q3 FY26 with revenue of 341 crore (+10% YoY) and EBITDA of 41 crore (+49% YoY), with margins expanding to 11.9% (+310 bps YoY). PAT grew 27% YoY to 23 crore. Growth was driven by strong execut

Dynamic Cables reported a steady quarter with revenue growth of ~19% YoY, though volume growth was subdued at 2-4% due to a shift in product mix away from conductors. EBITDA margin remained in the 10-11% range, supported

EID Parry reported Q3 FY26 revenue of ₹389 crore, flat YoY, as sugar segment benefited from better realizations (₹40/kg vs ₹37.69) but consumer products declined due to channel restructuring and lower pulse prices. Disti

E2E Networks delivered a strong Q3 FY26 with revenue of ₹70 crore, up 68.3% YoY, driven by higher GPU utilization, enterprise workloads, and early India AI mission traction. EBITDA came in at ₹39.6 crore (margin 56.6%),

eClerx delivered a strong Q3 FY26 with operating revenue of INR 1,073 million (up 5.4% QoQ in USD), EBITDA margin of 28% (up 190 bps YoY), and PAT of INR 192 million (17.5% margin). Growth was broad-based across vertical

ECOS reported Q3 FY26 revenue of ₹206.07 crore, up 22.48% YoY, driven by strong growth in both CCR (+30%) and ETS (+24%) segments. EBITDA margin contracted to 11.33% (down 152 bps YoY) due to higher vendor costs from onb

Edelweiss reported steady growth across its operating businesses, with underlying PAT growing at 22% CAGR. Key highlights include the Carlile investment in housing finance subsidiary Nidato (₹2,100 crore deal), strong fu

EFC delivered a strong Q3 FY26 with revenue of ₹270 crore (+52% YoY) and PAT of ₹62 crore (+54% YoY), driven by robust performance across leasing, design & build, and furniture verticals. Leasing maintained 90% occupancy

Eicher Motors delivered a strong Q3 FY26, with consolidated revenue of ₹6,114 crore (+23% YoY) and EBITDA of ₹1,557 crore (+30% YoY), driven by robust Royal Enfield volumes of 325,773 units (+21% YoY) and VECV's best-eve

Eicher Motors delivered a strong Q3 FY26 with consolidated revenue of ₹6,114 crore (+23% YoY) and EBITDA of ₹1,557 crore (+30% YoY), driven by robust volume growth at Royal Enfield (325,773 units, +21% YoY) and VECV (26,

EIH reported consolidated revenue of ₹910 crore for Q3 FY26, up 9% YoY, but PAT declined 9% due to a one-time wage code impact of ~₹30 crore. On a like-for-like basis (excluding lounge business loss and Mashobra), revenu

Eldeco Housing reported a steady Q3 FY26 with consolidated EBITDA of ₹19.8 crore (43.7% margin) and PAT of ₹13.7 crore (30.2% margin). No new launches occurred in Q3, but the much-awaited Solano Gardens (GDV >₹1,000 cror

Elecon Engineering reported a mixed Q3 FY26 with consolidated revenue of ₹552 crore (+4.3% YoY), driven by strong MHE division growth of 16% YoY, while the gear division remained flat (+1.3% YoY) due to customer-driven d

Electronics Mart India reported Q3 FY26 revenue of ₹1,939.7 crore (+8% YoY) and EBITDA of ₹119 crore (+17% YoY), with EBITDA margin expanding 50 bps to 6.1%. Growth was driven by festive demand, GST rate cuts, and strong

Electrosteel Castings reported a weak Q3 FY26 with consolidated total income of ₹1,526 crore and EBITDA of ₹88 crore (margin 5.8%), impacted by a 31% YoY drop in DI pipe sales volume to 1.34 lakh tonnes. Domestic demand

Elgi Equipments reported 18% YoY revenue growth in Q3 FY26, with PBT up 30%, but EBITDA margins were impacted by ~100bps due to US tariffs and elevated employee costs from restructuring and digital investments. Growth wa

Elin Electronics reported Q3 FY26 revenue of ₹294 crore (+10% YoY), driven by strong growth in appliances (OFR +330% YoY) and fans (+100% YoY). EBITDA surged 57% YoY to ₹11.9 crore, with margins expanding ~120bps to 4.05

Ellenbarrie reported Q3 FY26 revenue of ₹81.3 crore and EBITDA of ₹25.3 crore (31% margin), down sequentially from 38% in Q2 due to lower argon realizations and one-off costs. PAT came in at ₹26.1 crore. The softness in

Emami delivered a strong Q3 FY26 with consolidated revenue of ₹1,152 crore (+11% YoY) and EBITDA of ₹384 crore (+13% YoY), with margins expanding 110 bps to 33.4%. Domestic volume growth was robust at 9%, led by Boro Plu

Embassy REIT delivered a standout Q3 FY26 with revenue of ₹1,193 crore (up 17% YoY) and NOI of ₹985 crore (up 19% YoY). Leasing activity remained robust at 1.1 million sq ft with a 17% releasing spread, driving a 9% YoY

Emcure delivered a strong Q3 FY26 with revenue of ₹2,363 crore (+20.4% YoY) and EBITDA margin expansion of 110 bps to 19.5%, driven by operating leverage and productivity gains. Domestic business grew 15% YoY to ₹1,025 c

Emmvee delivered a strong Q3 FY26 with revenue of ₹1,152.3 crore (+118% YoY), EBITDA of ₹413.4 crore (+105% YoY), and PAT of ₹263.6 crore (+166% YoY). EBITDA margin held steady at 35.9%, supported by pass-through contrac

EMS Ltd reported a weak Q3 FY26, with revenue and PAT significantly below expectations due to extended monsoon in Uttarakhand and delayed project starts. Management cited 15-20 days of work loss from natural disasters an

eMudhra reported a strong Q3 FY26 with total income of INR 191.1 crore, up 35.6% YoY, driven by product-led revenue growth and the Kryptos acquisition. EBITDA came in at INR 44.1 crore (margin 23.1%), with adjusted margi

Endurance Technologies delivered a strong Q3 FY26 with standalone revenue of ₹2,678.3 crore (+22.2% YoY) and EBITDA of ₹339.1 crore (+18% YoY), though EBITDA margin contracted 40bps to 12.7% due to aluminum cost inflatio

Entero Healthcare delivered a strong Q3 FY26 with revenue of ₹1,771 crore (+26% YoY) and EBITDA of ₹68 crore (+36% YoY), driven by organic growth of 17.1% and contributions from recent medtech acquisitions. Gross margin

ENIL reported Q3 FY26 domestic revenue of ₹160 crore, up 4% YoY and 18% QoQ, driven by non-FCT (events/IP) growth of 10.5% and digital revenue scaling to ₹30.8 crore (50% of radio revenues). EBITDA margin (ex-digital) st

Enviro Infra reported Q3 FY26 revenue of ₹250 crore (+1% YoY), significantly below the guided 30-35% growth, as order inflows slowed to just ₹248 crore in the quarter. However, EBITDA margin expanded 530 bps YoY to 27.1%

EPACK Durable reported Q3 FY26 revenue of ₹427.8 Cr (+13.5% YoY) and EBITDA of ₹31.7 Cr (+31.5% YoY), with EBITDA margin expanding 102 bps to 7.41%. Growth was driven by strong performance in components (+61% YoY), large

EPack Prefab reported a mixed Q3 FY26. The prefab division grew 31% YoY, but consolidated revenue growth was 22% YoY, impacted by a prolonged monsoon in South India and delayed customer payments of ₹35-40 crore. The 9-mo

Epigral's Q3 FY26 results were weak, with EBITDA margin contracting to 17% (vs 22% 9M average) due to lower realizations, higher raw material costs, and high-cost inventory. Revenue grew marginally 2% QoQ to ₹6,003 crore

EPL delivered another strong quarter with 13.3% revenue growth, driven by broad-based double-digit expansion across three of four regions. The beauty & cosmetics segment continued to outperform, growing 26% YoY and now r

Equitas Small Finance Bank reported a strong Q3 FY26 with PAT of ₹90 crore (+36% YoY), driven by a sharp improvement in microfinance collections (X-bucket efficiency at 99.4%) and a 43bps QoQ NIM expansion to 6.72%. Cred

Eris Lifesciences reported Q1 FY26 consolidated revenue of ₹773 crore (+7.4% YoY) and PAT of ₹125 crore (+41% YoY), driven by strong domestic branded business (DBS) growth of 11% and margin expansion. DBS EBITDA margin i

ESAF Small Finance Bank reported a turnaround in Q3 FY26 with PAT of ₹7 crore, returning to profitability after losses. Key drivers include a strategic shift to secured lending under the MARG framework (MSME, Agri, Retai

Escorts Kubota delivered a strong Q3 FY26 with consolidated revenue of INR 3,280.5 crore (+11.3% YoY) and EBITDA margin of 13.3% (+920bps YoY). Tractor volumes grew 13.5% YoY, driven by favorable agri policies and health

Escorts Kubota delivered a strong Q3 FY26 with consolidated revenue of ₹3,280.5 crore (+11.3% YoY) and EBITDA margin of 13.3% (+96 bps YoY), driven by robust tractor demand and cost controls. Tractor volumes grew 13.5% Y

Eternal Ltd reported a strong Q3 FY26 with quick-commerce (Blinkit) achieving break-even, a key milestone. Revenue growth was robust, driven by market share gains and assortment expansion, though store throughput dipped

Eureka Forbes reported Q3 FY26 revenue of ₹645.4 crore, up 8% YoY, with adjusted EBITDA margin expanding 57 bps to 11.3%. Growth was impacted by a post-festive slowdown in e-commerce, particularly on one platform, leadin

Euro Pratik Sales reported Q3 FY26 revenue of ₹80.4 Cr (+7% YoY), below the industry growth rate of 18-20%, primarily due to construction bans in North India that postponed ~5-10% of sales. However, EBITDA margin expande

Eveready delivered its fifth consecutive quarter of revenue growth, with revenue up 10.1% YoY and EBITDA up 13% YoY, driven by the batteries segment which grew 11.1%. Alkaline battery volumes surged ~72%, and overall bat

Everest Kanto delivered a strong Q3 FY26 with consolidated EBITDA up 48% YoY to ₹59.2 crore and PAT surging 98.9% to ₹35.7 crore. Margin expansion of 534 bps to 16.2% was driven by a favorable product mix shift toward hi

Excelsoft delivered a strong Q3 FY26 with revenue of ₹71.0 crore, up 29.5% YoY, driven by a 58% surge in education technology services. EBITDA margin contracted 510bps to 27.7% due to one-off legal and professional fees