Okay, toh BF Investment Limited ke Q3 FY26 ke results mein ekdum do alag kahaani dikh rahi hai – consolidated aur standalone mein.
Consolidated Scene Kya Hai?
Sabse pehle toh consolidated PAT mein 1178.08% ka YoY jump dekho, jo ₹0.70 Crore se bhad kar ₹8.94 Crore ho gaya hai Q3 FY26 mein. Earnings Per Share (EPS) bhi ₹1.86 se ₹23.73 tak pahunch gaya. Aur agar pichhle quarter se compare karein, toh consolidated PAT 123.72% badha hai, ₹3.99 Crore se ab ₹8.94 Crore ho gaya hai.
Standalone Ka Kya Scene Hai?
Ab yahaan thoda ulta hai. Standalone PAT Q3 FY26 mein ₹0.63 Crore raha, jo pichhle saal ke hisaab se bas 3.99% zyada hai. Lekin QoQ (quarter-on-quarter) dekho toh haalat kharab hai. Total income 84.17% gir kar ₹1.01 Crore ho gayi, aur is wajah se PAT 86.26% ghisak kar ₹0.63 Crore par aa gaya (Q2 FY26 mein yeh ₹4.57 Crore tha).
Asal Reason Kya Hai Is Boom Ka?
Ye jo Consolidated mein itna bada jump aaya hai na, uska bada credit jaata hai "Share of net profit of Associates" ko. Ye figure ₹0.12 Crore se seedha ₹11.08 Crore ho gaya YoY. Matlab company ka profit ab associates par bahut depend karta hai.
Total comprehensive income bhi ekdum palta hai. Consolidated mein ₹83.05 Crore aur standalone mein ₹33.13 Crore ka gain hua hai, mostly investments ke fair value mein changes se.
Ek exceptional item bhi hai, ₹0.09 Million ka, naye labour codes ki wajah se gratuity par. Aur iska impact associates aur joint ventures par ₹81.45 Million raha.
Investors Ko Kya Dekhna Chahiye?
Sabse bada risk yeh hai ki ye associates se hone wala profit kitna sustainable hai. Standalone income aur PAT mein QoQ jo itni badi giravat aayi hai, woh dikhata hai ki company ke apne operations mein kuch challenges ho sakte hain ya seasonality ka asar ho sakta hai. Investments ke fair value mein changes bhi market ke hisaab se upar-neeche hote rehte hain. Toh aage dekho ki associates ki performance kaisi rehti hai aur standalone income ka kya hota hai.