Faze Three Limited has staged a strong turnaround, reporting a consolidated net profit of Rs 15.46 crore for the quarter ended September 30, 2026, compared to a loss of Rs 5.20 crore in the same period last year. Revenue from operations climbed 27.8% to Rs 264.58 crore. The company also announced the issuance of 2,78,840 equity shares to its employee trust and the granting of over 3.3 lakh stock options.
Faze Three Returns to Profitability in Q2 FY27
Consolidated Profit: Rs 15.46 Crore
Consolidated Revenue: Rs 264.58 Crore
Reader Takeaway: Strong operational revenue growth and return to profitability highlight the quarter, though employee equity issuance expands share capital.
What just happened
Faze Three Limited announced its financial results for the quarter and half-year ended September 30, 2026. The company successfully swung to a consolidated profit of Rs 15.46 crore, reversing the Rs 5.20 crore loss seen in the September 2025 quarter. Revenue grew by 27.8% year-on-year to Rs 264.58 crore, reflecting improved operational efficiency.
Why this matters
The shift from a loss-making position to profitability is a critical indicator of operational recovery. Standalone performance mirrored the consolidated gains, with revenue reaching Rs 247.34 crore and profit after tax touching Rs 11.74 crore. This suggests that the company’s core business segments are scaling effectively against rising demand.
Corporate Developments
The company continues to implement its 'Faze Three Employee Stock Option Scheme 2024'. During the half-year ended September 30, 2026, the board granted 3,31,154 stock options to eligible employees. Additionally, 2,78,840 equity shares of Rs 10 face value were issued to the Faze Three Employee Trust during the second quarter, impacting the equity structure.
Auditor's Review
Statutory auditors M/s. MSKA & Associates conducted a limited review and provided an unmodified conclusion on the financial results. The auditors noted that they relied on the review work of another firm concerning the financial results of one of the company's subsidiaries.