Bengaluru, February 06, 2026: Mindteck (India) Ltd reported weaker financial performance for the quarter ended December 31, 2025, as transitional leadership changes weighed on revenue and profitability.
The global engineering and technology solutions company posted consolidated revenue of Rs 100.46 crore in Q3 FY26, slightly lower than Rs 101.63 crore in the previous quarter and Rs 104.02 crore in the year-ago period. Consolidated net profit declined to Rs 5.05 crore, compared with Rs 7.56 crore in the September quarter and Rs 7.93 crore a year earlier, indicating pressure on margins during the period.
For the nine months ended December 31, 2025, Mindteck reported consolidated revenue of Rs 303.39 crore, down from Rs 320.40 crore in the corresponding period last year. However, year-to-date profit stood marginally higher at Rs 21.36 crore versus Rs 21.88 crore in the previous year. Earnings per share (EPS) for the nine-month period came in at Rs 6.68, compared with Rs 6.90 a year ago.
On a standalone basis, quarterly revenue stood at Rs 38.43 crore, slightly lower than Rs 39.15 crore in the previous quarter and Rs 35.87 crore in the corresponding quarter last year. Standalone net profit for Q3 was Rs 2.17 crore, compared with Rs 5.38 crore in Q2 and Rs 3.29 crore in the year-ago quarter.
For the nine-month period, standalone revenue was Rs 112.73 crore versus Rs 116.48 crore last year, while profit rose to Rs 12.21 crore from Rs 11.56 crore. Standalone EPS for the period increased to Rs 3.82 from Rs 3.63 in the previous year.
Chairman Javed Gaya said the company witnessed lower-than-expected revenue due to a transitional phase in leadership, as new executives were onboarded and strategic alignment took place. He noted that while short-term disruptions impacted performance, the transition has strengthened the company’s long-term foundation.