INDOFARM Indo Farm Equipment Q3 FY26 results (Oct–Dec 2025) and concall
Indo Farm Equipment reported a mixed Q3 FY26, with strong double-digit revenue growth driven primarily by the Tractor segment's robust performance. However, the Crane segment faced headwinds, experiencing a revenue decline and marginal volume degrowth due to new emission norms and market adjustments. EBITDA margins saw compression due to increased marketing spend and competitive pricing in new markets, though management expects normalization and improvement in the next fiscal year with new capacity coming online and debt reduction plans.
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What they filed
Q3 FY26: revenue up 10.8%, net profit up 23.8% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 |
|---|---|---|---|---|---|---|
| Revenue | 81 | 91 | 125 | 91 | 99 +22% | 101 +11% |
| EBITDA | 10 | 12 | 16 | 10 | 11 +2% | 11 −11% |
| Net profit | 3 | 4 | 13 | 5 | 4 +31% | 5 +24% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Inve summary of a publicly available earnings call transcript; see how call summaries are prepared. Not investment advice.
