Aisa Kya Hua Q3 Mein?
Dekho, Clean Science and Technology ne Q3 FY26 ke results mein ekdum alag picture dikhayi hai. Standalone basis pe toh company ne kamaal kar diya. Revenue 1149.3% tezi se bhadkar ₹2,315.57 crore ho gaya, jo pichle saal sirf ₹185.90 crore tha. Aur profit after tax (PAT) toh 1328.1% badh gaya, ₹658.38 crore pahunch gaya ₹45.96 crore se. Margin bhi 24.7% se sudhar kar 28.4% ho gaya.
Lekin bhai, jab consolidated numbers dekhe na, toh story thodi alag nikli. Consolidated revenue 18.4% badh kar ₹2,196.14 crore ho gaya, jo acha hai. Par consolidated PAT 20.1% gir gaya, matlab ₹646.31 crore se ₹516.11 crore par aa gaya. Iski wajah se consolidated PAT margin bhi 34.8% se ghisak kar 23.5% ho gaye.
Toh Difference Ka Reason Kya Hai?
Yeh jo standalone aur consolidated profit mein itna bada difference hai na, woh sabse interesting point hai. Standalone operations toh bohot zabardast chal rahe hain, par consolidated mein kuch toh hai jo overall profit aur margin ko neeche kheench raha hai. Company ne is baare mein koi management commentary nahi di hai, matlab investors ko abhi tak exact reason nahi pata ki aisa kyun ho raha hai.
Dividend Aur Aage Kya?
Bhale hi consolidated results mein thodi kami dikhi ho, company ne shareholders ko khush karne ke liye ₹2 per share ka interim dividend declare kiya hai. Ab dekhte hain ki company future mein is divergence ko kaise explain karti hai aur standalone performance ko maintain kar paati hai ya nahi.