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Ather posts Rs 954 Cr revenue in Q3 FY26; cuts losses by 57%

EntrackrEntrackr · 22d ago
Ather posts Rs 954 Cr revenue in Q3 FY26; cuts losses by 57%
Medial

Ather posts Rs 954 Cr revenue in Q3 FY26; cuts losses by 57% Electric two-wheeler maker Ather Energy has announced its financial results for the third quarter of the ongoing financial year FY26. The company reported a 50% year-on-year increase in operating revenue compared to Q3 FY25. At the same time, the Bengaluru-based firm narrowed its losses by 57%. Ather’s revenue from operations rose to Rs 954 crore in Q3 FY26 from Rs 635 crore in Q3 FY25, according to its quarterly report sourced from the National Stock Exchange (NSE). For the nine-month period ended December 2025, the company’s revenue from operations stood at Rs 2,497 crore, compared to Rs 1,579 crore in the corresponding period a year earlier. As per the company, it has sold 1,79,525 vehicles over the nine months. The sale of electric two-wheelers and allied services remains the sole source of revenue for Ather Energy. However, the company has not provided a detailed breakdown of this revenue. Ather’s cost of materials, primarily led by battery and component procurement, accounted for 69% of the overall cost. These costs stood at Rs 744 crore in Q3 FY26. Employee benefit expenses increased 14% year-on-year to Rs 122 crore in Q3 FY26, compared to Q3 FY25. Depreciation and amortisation, along with legal, advertising, and other overhead expenses, pushed the company’s total costs to Rs 1,075 crore in Q3 FY26, up from Rs 848 crore in Q3 FY25. The 50% increase in scale, coupled with tighter cost-control measures, helped Ather reduce its losses by 57% to Rs 85 crore in Q3 FY26, compared to Rs 198 crore in the same quarter last year. Recently, Ather also forayed into the auto insurance business by incorporating a wholly owned subsidiary that will operate as a corporate agent, according to a filing with the National Stock Exchange (NSE). In November, the National Investment and Infrastructure Fund (NIIF) sold 49% of its stake, representing 2.28% of Ather Energy’s total paid-up capital, through open market transactions worth Rs 541 crore. According to Vahan data, Ather Energy retained its third position in December, although registrations declined 20% month-on-month to 16,391 units from 20,488 units in November. The company held a market share of 17.62%. After overtaking Ola Electric in market capitalization, Ather also surpassed it in Q2 FY26 revenue. The Q3 results of Ola Electric have yet to come. The company’s shares were trading at Rs 610 as of 4:55 PM today, with a market capitalisation of Rs 23,292 crore ($2.5 billion).

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Swiggy posts Rs 6,148 Cr revenue in Q3 FY26, losses jump 32%

EntrackrEntrackr · 26d ago
Swiggy posts Rs 6,148 Cr revenue in Q3 FY26, losses jump 32%
Medial

Swiggy posts Rs 6,148 Cr revenue in Q3 FY26, losses jump 32% Foodtech and quick commerce major Swiggy has reported a 54% year-on-year growth in its operating revenue, which spiked to Rs 6,148 crore during Q3 FY26 as compared to Rs 3,993 crore in Q3 FY25. However, the Bengaluru-based company’s losses increased in the same period. Scootsy Logistics contributed a major 48% of Swiggy’s overall operating revenue. Income from this entity increased by 76% YoY to Rs 2,981 crore in Q3 FY26 from Rs 1,693 crore in Q3 FY25. Swiggy’s food delivery business continues to be one of the major contributors, accounting for 33% of the total collection in Q3 FY26. Revenues from this vertical grew 25% to Rs 2,039 crore from Rs 1,635 crore in Q3 FY25. The company’s quick commerce segment also saw remarkable growth, with revenue surging by 76% to Rs 1,016 crore in Q3 FY26 from Rs 577 crore in Q3 FY25. Swiggy’s Dine Out, Genie, Swiggy Mini and other non-operating income took its total revenue to Rs 6,244 crore in Q3 FY26. On the cost side, the procurement of FMCG products for supply chain distribution formed 38% of its overall cost, which increased by 76% to Rs 2,746 crore in Q3 FY26. Meanwhile, the delivery charges saw 36% growth to Rs 1,533 crore in Q3 FY26. Swiggy spent Rs 673 crore and Rs 1,108 crore on employee benefits and advertising, respectively. Overall, Swiggy’s total expenses for the quarter increased 49% to Rs 7,298 crore from Rs 4,898 crore in Q3 FY25. The company’s losses increased by 33% to Rs 1,065 crore in Q3 FY26 from Rs 803 crore in Q3 FY25. For the nine-month period, the company’s loss stood at Rs 3,354 crore. As of December 31, 2025, Swiggy had cash and cash equivalents of Rs 13,512 crore, which included Rs 9,931 crore from net QIP proceeds. The company also received around Rs 2,400 crore from the sale of its stake in Rapido, taking its proforma cash balance to about Rs 15,900 crore. Swiggy shares were trading at Rs 324 at the end of Thursday with a total market capitalization of Rs 89,392 crore.

Indiqube posts Rs 390 Cr revenue in Q3 FY26; losses rise 21%

EntrackrEntrackr · 14d ago
Indiqube posts Rs 390 Cr revenue in Q3 FY26; losses rise 21%
Medial

Indiqube posts Rs 390 Cr revenue in Q3 FY26; losses rise 21% Managed workspace solutions provider Indiqube has posted its financial results for the third quarter of the ongoing fiscal year (FY26). The company’s operating scale grew 45.5% in the period while its losses grew 21% year-on-year, as per Ind AS. Indiqube’s revenue from operations rose to Rs 390 crore in Q3 FY26 from Rs 268 crore in Q3 FY25, according to its financial statement sourced from the National Stock Exchange (NSE). IndiQube also reported Rs 21 crore revenue from non-operating sources which took its total income to Rs 411 crore in Q3 FY26. For the nine months period, the Bengaluru-based company’s revenue grew 38% to Rs 1,049 crore as compared to Rs 762 crore a year earlier. On the expense side, employee benefits increased 34% to Rs 23.5 crore in Q3 FY26. Finance cost accounted for 26% of the expense which increased 30% to Rs 112 crore in Q3 FY26 from Rs 86 crore in Q3 FY25, while depreciation and amortization rose to Rs 144 crore. Overall, Indiqube’s total expenses for the quarter increased 39% to Rs 434 crore from Rs 313 crore in Q3 FY25. At the end, the firm reported a 21% increase in its losses to Rs 17 crore in Q3 FY26 as compared to Rs 14 crore in Q3 FY25. On a quarterly basis, Indiqube’s losses decreased from Rs 30 crore in Q2 FY26. At the end of today’s trading session, Indiqube’s share price stood at Rs 177, giving it a total market capitalization of Rs 3,751 crore (about $414 million). Overall, Indiqube continued to scale its operations in Q3 FY26 with strong revenue growth, though costs rose alongside expansion. Losses widened year-on-year but improved sequentially. The firm remains focused on growth while managing expenses amid rising finance and depreciation costs.

Ather Energy posts Rs 645 Cr revenue in Q1 FY26, losses remain flat

EntrackrEntrackr · 6m ago
Ather Energy posts Rs 645 Cr revenue in Q1 FY26, losses remain flat
Medial

Ather Energy posts Rs 645 Cr revenue in Q1 FY26, losses remain flat Ather Energy reported a 79% year-on-year jump in its operating revenue compared to Q1 FY25. At the same time, the Bengaluru-based firm also narrowed losses by 3%. Electric two-wheeler maker Ather Energy has announced its financial results for the first quarter of the ongoing financial year FY26. The company reported a 79% year-on-year jump in its operating revenue compared to Q1 FY25. At the same time, the Bengaluru-based firm narrowed losses by 3%. Ather’s revenue from operations increased by 79% to Rs 645 crore in Q1 FY26, from Rs 360 crore in Q1 FY25, according to its quarterly report sourced from the National Stock Exchange (NSE). The Tarun Mehta-led company did not provide a revenue breakdown during the last quarter. Ather’s cost of materials, primarily driven by battery and component procurement, made up the largest share of its expenditure. This cost increased by nearly 74% to Rs 518 crore in Q1 FY26 from Rs 297 crore in the same period last year, accounting for over 61% of the total expenses during the quarter. Employee benefit expenses saw a surge of 37% YoY to Rs 119 crore in Q1 FY26 compared to Rs 87 crore in Q1 FY25. Depreciation and amortization costs rose 20% to Rs 48 crore, while other operational costs jumped nearly 31% to Rs 166 crore. Overall, Ather’s total expenditure grew 54% to Rs 851 crore in Q1 FY26, up from Rs 551 crore in Q1 FY25. As a result, the company’s net losses reduced by 3% to Rs 178 crore in Q1 FY26 from Rs 183 crore in Q1 FY25. In July 2025, Ather Energy maintained its fourth-place market position, selling 16,231 units. This represents a 10.59% month-on-month increase from the 14,677 units sold in June, bringing their market share to 15.78%. Ather Energy made its stock market debut on May 6, 2025, listing at Rs 328 per share on the NSE. However, the stock is currently trading at Rs 375, bringing its total market capitalization to Rs 13,723 crore ($1.5 billion). Ather competitor Ola Electric’s topline shrank by nearly 50% year-on-year during the first quarter of FY26. At the same time, the Bengaluru-based firm’s losses widened by 23%.

Nykaa posts Rs 2,873 Cr revenue in Q3 FY26; profit jumps 2.5X

EntrackrEntrackr · 19d ago
Nykaa posts Rs 2,873 Cr revenue in Q3 FY26; profit jumps 2.5X
Medial

Nykaa posts Rs 2,873 Cr revenue in Q3 FY26; profit jumps 2.5X Online beauty and fashion platform Nykaa reported strong growth in Q3 FY26. Revenue from operations rose 27% year on year, while profit jumped 2.5X in the quarter ended December 2025. According to its financial statements sourced from the National Stock Exchange (NSE), Nykaa's revenue from operations grew to Rs 2,873 crore in Q3 FY26, compared to Rs 2,267 crore in Q3 FY25. For the nine-month period, Nykaa’s operating revenue increased 25% to Rs 7,374 crore from Rs 5,888 crore, a year earlier. The beauty segment accounted for 91% of the total revenue at Rs 2,622 crore, while the fashion segment contributed 8% of the operating income in Q3 FY25. For the Falguni Nayar-led firm, the cost of materials constituted 57% of its total expenditure, rising to Rs 1,576 crore in Q3 FY26. Additional spending on employee benefits, finance, marketing, technology, and other overheads brought the company’s total costs to Rs 2,753 crore during the quarter. Steady growth in its scale helped Nykaa achieve a 2.5X increase in profit to Rs 68 crore in Q3 FY26, compared to Rs 27 crore in Q3 FY25. On a sequential basis, the company’s profit increased 101% from Rs 33 crore in Q2 FY26. At the close of today's trading session, Nykaa's stock was priced at Rs 261.5, giving the firm a market cap of Rs 74,844 crore (approximately $8 billion). Nykaa’s Q3 FY26 results show steady revenue growth and improving profitability. Higher scale helped absorb costs better, leading to a sharp rise in profit both year-on-year and sequentially. The continued dominance of the beauty segment provides stability to the business, while margins appear to be strengthening as the company grows. Overall, the numbers point to better operating efficiency as Nykaa expands.

EaseMyTrip posts Rs 151 Cr revenue in Q3 FY26; profit plunges 90%

EntrackrEntrackr · 10d ago
EaseMyTrip posts Rs 151 Cr revenue in Q3 FY26; profit plunges 90%
Medial

EaseMyTrip posts Rs 151 Cr revenue in Q3 FY26; profit plunges 90% Online travel aggregator (OTA) platform EaseMyTrip struggled during the third quarter of the ongoing fiscal year (FY26), with revenue remaining flat and profit falling by 90% in the period. EaseMyTrip’s operating revenue increased by 0.3% to Rs 151 crore in Q3 FY26 from Rs 150.5 crore in Q3 FY25, as per its financial statements filed with the National Stock Exchange (NSE). Air ticketing contributed 64% of the company’s revenue but fell 1% to Rs 97 crore in Q3 FY26, down from Rs 98 crore in Q3 FY25. Hotel packages accounted for 31% of total revenue, generating Rs 46 crore. Including other undisclosed income, its total income for Q3 FY26 stood at Rs 161 crore, compared to Rs 154 crore in Q3 FY25. For the nine-month period, the company’s revenue decreased by 11.5% to Rs 407 crore from Rs 460 crore, a year earlier. EaseMyTrip’s total expenses rose 42% to Rs 153 crore in Q3 FY26 from Rs 107.5 crore in Q3 FY25. Employee benefit accounted for 22% of the total, increasing 27% to Rs 33 crore in Q3 FY26. Payment gateway charges, Service costs, and advertising were other major costs for EaseMyTrip in the last quarter. With the dip in revenue and expense increasing, the company’s profit fell by 90% to Rs 3.4 crore in Q3 FY26 as compared to Rs 34 crore in Q3 FY25. On a unit basis, the Delhi-based company spent Rs 1.01 to earn a rupee of operating revenue during the last quarter. EaseMyTrip’s share price was trading at Rs 6.64 on Friday, giving it a total market capitalization of Rs 2,415 crore (about $267 million).

Eternal posts Rs 16,315 Cr revenue in Q3 FY26; profit grows 54%

EntrackrEntrackr · 1m ago
Eternal posts Rs 16,315 Cr revenue in Q3 FY26; profit grows 54%
Medial

Eternal posts Rs 16,315 Cr revenue in Q3 FY26; profit grows 54% Gurugram-based foodtech and quick commerce platform Eternal (formerly Zomato) released its financial results for Q3 FY26 on Wednesday. The company reported a 54% increase in profits during the period. Eternal’s revenue from operations grew 3x to Rs 16,315 crore in Q3 FY26, contrasting Rs 5,405 crore in Q3 FY25, according to the firm’s consolidated financial results sourced from the National Stock Exchange (NSE). The major surge in revenue is attributed to its inventory-led approach in the quick commerce business. On a quarter-on-quarter basis, the company’s revenue rose by 20% from Rs 13,590 crore in Q2 FY26. Eternal operates several business units, including a food marketplace, Hyperpure, and a quick commerce platform, BlinkIt. Income from Eternal’s food delivery business (Zomato) contributed 16% of the total revenue in Q3 FY26, growing 29% to Rs 2,676 crore from Rs 2,072 crore in Q3 FY25. Revenue from the quick commerce segment (BlinkIt) saw significant growth, rising 75% to Rs 12,256 crore in Q3 FY26 from Rs 1,399 crore in Q3 FY25. Its B2B business, Hyperpure, saw a growth of 7% to Rs 1,070 crore during the third quarter of FY26. Earnings from the 'Going-out' segment and other non-operating income brought the Eternal Group’s total revenue to Rs 16,663 crore in Q3 FY26. For the nine-month period, the company reported revenue of Rs 38,126 crore and is on track to cross the Rs 50,000 crore revenue milestone for the full fiscal year FY26. The cost of material accounted for 59% of the total expense, and this cost grew by 6.5X to Rs 9,801 crore in Q3 FY26 from Rs 1,500 crore in Q3 FY25. Delivery and related charges increased by 64% to Rs 2,376 crore in Q3 FY26. Employee benefit cost rose 33% to Rs 914 crore, while spending on advertising and marketing almost doubled to Rs 937 crore in Q3 FY26. Overall, the company’s expenditure increased nearly 3X to Rs 16,493 crore in Q3 FY26 from Rs 5,533 crore in Q3 FY25. With the company's revenue growth outpacing expense, its profit increased by 54% to Rs 102 crore in Q3 FY26 from Rs 59 crore in Q3 FY25. On a per-unit basis, the Gurugram-based company spent Rs 1.01 to earn every rupee of revenue during the quarter ending December 2025. The company also informed the stock exchanges that founder Deepinder Goyal will step away from his role as Group CEO and will continue on the board as Vice Chairman. At the end of today’s trading session, Eternal’s share price stood at Rs 283, giving the foodtech platform a market capitalization of Rs 3,32,985 crore (approximately $30 billion).

FirstCry parent records Rs 2,424 Cr revenue in Q3 FY26, loss spikes 2.5X

EntrackrEntrackr · 11d ago
FirstCry parent records Rs 2,424 Cr revenue in Q3 FY26, loss spikes 2.5X
Medial

FirstCry parent records Rs 2,424 Cr revenue in Q3 FY26, loss spikes 2.5X Brainbees Solutions, the parent of kids-focused omnichannel retailer FirstCry, reported a 12% year-on-year rise in revenue and a 2.5X spike in its losses for the quarter ending December 2025. FirstCry's revenue from operations grew to Rs 2,424 crore in Q3 FY26 from Rs 2,172 crore in Q3 FY25, its unaudited financial statements sourced from the National Stock Exchange (NSE) show. The sale of its products through offline stores and websites in India and the international market was the primary source of revenue, accounting for nearly 79% of total operating revenue, while its subsidiary, GlobalBees, contributed Rs 515 crore. The company also made Rs 56 crore from interest income which took its overall revenue to Rs 2,480 crore in Q3 FY26, compared to Rs 2,216 crore in Q3 FY25. For the Pune-based company, the cost of procurement of materials accounted for 64% of the overall expenditure which increased 15% year-on-year to Rs 1,580 crore in Q3 FY26 from Rs 1,369 crore in Q3 FY25. FirstCry’s employee benefits stood at Rs 197 crore in Q3 FY26 which includes Rs 57 crore as ESOP cost. The marketing, legal, rent, and technology were other overheads that pushed the overall expenditure to Rs 2,469 crore in Q3 FY26. FirstCry’s losses increased by 153% to Rs 38 crore in Q3 FY26 from Rs 15 crore in Q3 FY25. For the nine months ended December 2025, the company’s loss remained flat at Rs 154 crore from Rs 153 crore. At the end of today’s trading session, FirstCry’s share price stood at Rs 270 per share, with a total market capitalization of Rs 14,096 crore (approximately $1.5 billion).

Meesho posts Rs 3,517 Cr revenue in Q3 FY26; losses surge 13X

EntrackrEntrackr · 25d ago
Meesho posts Rs 3,517 Cr revenue in Q3 FY26; losses surge 13X
Medial

E-commerce marketplace Meesho has announced its financial results for Q3 FY26 after debuting on Indian stock exchanges last month. The firm’s revenue increased by 31% during the third quarter, while its losses neared Rs 500 crore mark in the same period. The company’s revenue from operations increased to Rs 3,517.5 crore in Q3 FY26 from Rs 2,679 crore in the same quarter last year, according to its financial statement sourced from NSE. Other income contributed an additional Rs 78.5 crore, which drove its total income of Rs 3,596 crore for the quarter. However, for the nine-month period ending December 2025, the firm’s revenue increased 30% to Rs 9,095 crore from Rs 6,990 crore, a year earlier. Meesho did not include its proper expense breakup, however its employee benefit expense rose 20% to Rs 235 crore in Q3 FY26 from Rs 195 crore in Q3 FY25. Its depreciation stood at Rs 11 crore for the quarter. Overall, the company’s total expense rose 44% to Rs 4,071 crore in Q3 FY26 from Rs 2,823 crore in Q3 FY25. Due to the company’s expense outpacing revenue growth, its loss surged by more than 13X to Rs 490 crore in Q3 FY26 from Rs 37 crore in Q3 FY25. On a sequential basis, the company’s loss increased by 48% from Rs 330.5 crore loss in Q2 FY26. Meesho made its debut on the public market listing at a hefty premium and closing one of the largest tech IPOs of 2025. The Bengaluru-based firm opened at Rs 162.5 per share on NSE, a 46% jump over its issue price of Rs 111. At the end of today’s trading session, Meesho’s share price stood at Rs 173, giving the firm a total market capitalization of Rs 78,077 crore ($8.5 billion).

Mobikwik posts Rs 289 Cr revenue and Rs 4 Cr profit in Q3 FY26

EntrackrEntrackr · 21d ago
Mobikwik posts Rs 289 Cr revenue and Rs 4 Cr profit in Q3 FY26
Medial

Fintech platform MobiKwik reported its quarterly results for the third quarter of the ongoing fiscal year (FY26) on Tuesday, with revenue growing 7% year-on-year and gaining profitability. MobiKwik’s revenue from operations increased by 7% to Rs 289 crore in Q3 FY26 from Rs 270 crore in Q3 FY25, its unaudited financial statements accessed from the National Stock Exchange (NSE) show. Commissions on recharges, processing, and interest on servicing loans, payment gateways, as well as platform fee were the primary revenue sources for MobiKwik in Q3 FY26. For the nine-month period, the company’s revenue decreased 8% to Rs 830.5 crore from Rs 902 crore, a year earlier. For the payments platform, payment gateway costs accounted for the largest expense, making up 44% of the total cost of Rs 129 crore in Q3 FY26. Its employee benefit expenses stood at Rs 41 crore, while lending fees aka commission fell to Rs 1 crore. MobiKwik’s financial guarantee, legal, advertising-marketing, finance, and other overheads took its total burn to Rs 293 crore in Q3 FY26 which decreased by 11% as compared to Rs 328 crore in Q3 FY25. With the help of controlled expenses and steady growth, the company turned profitable and posted a profit of Rs 4 crore in Q3 FY26, as compared to a loss of Rs 53 crore in Q3 FY25.

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