Eureka Forbes Revenue History — Quarter by Quarter

Eureka Forbes's revenue moved from ₹608 Cr in Q1 FY26 to ₹645 Cr in Q3 FY26, a 6.1% change over 3 quarters. The table keeps each quarter linked back to the underlying earnings page.

Revenue by Quarter

Quarter	Revenue (₹ Cr)	YoY Change
Q3 FY26	₹645 Cr	+8%
Q2 FY26	₹772 Cr	+14.9%
Q1 FY26	₹608 Cr	+9.9%

What management said about revenue

Q3 FY26 · Q4 FY26 revenue growth to exceed YTD 11.1%

Management expects Q4 growth to be ahead of the 11.1% YTD growth, driven by normalization of inventory and return to double-digit trajectory.

Q3 FY26 · FY30 target: 2x revenue and 3x EBITDA

Long-term ambition to double revenue and triple EBITDA by FY30, reaffirmed with conviction despite Q3 aberration.

Q2 FY26 · Sustained double-digit revenue growth

Management expects continued double-digit growth in both products and service, driven by multiple growth engines.

Q2 FY26 · Full-year margin expansion

Management aims for full-year EBITDA margin improvement, though possibly less than last year's ~120 bps due to growth investments.

Q2 FY26 · Service AMC bookings growth to sustain

Service AMC bookings growth accelerated in Q2 and is expected to continue at double-digit rates.

Q1 FY26 · Sustained double-digit service booking growth

Service bookings are expected to continue growing at double-digit rates in value, supported by AMC count growth and ASP increases.

Q1 FY26 · Service revenue impact from Q4 FY26

The reflection of strong service bookings in reported revenue will become meaningful from Q4 FY26, as amortization catches up.

Q1 FY26 · Continued growth investments in innovation and marketing

Advertising and promotion spends will remain elevated to drive category creation, innovation awareness, and service visibility.