Indef Manufacturing Limited’s Board of Directors, at their meeting held today, February 10, 2026, unanimously approved the unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2025. For the quarter ended December 31, 2025 (Q3 FY26), the company reported a consolidated revenue of ₹48.06 Crores, representing a 2.53% decrease compared to ₹49.31 Crores in the previous quarter (Q2 FY26). On a year-over-year (YoY) basis, revenue declined by 1.64% from ₹48.86 Crores in the corresponding quarter of the previous year (Q3 FY25). The consolidated net profit for Q3 FY26 stood at ₹7.87 Crores, showing a 26.53% increase from ₹6.22 Crores in Q2 FY26, and an 11.47% increase from ₹7.06 Crores in Q3 FY25.
| Financial Metric (Consolidated) | Q3 FY26 (Current) | Q2 FY26 (Previous) | Q3 FY25 (L-Year) | % Change (QoQ) | % Change (YoY) |
| Revenue (in Crores) | ₹48.06 | ₹49.31 | ₹48.86 | -2.53% | -1.64% |
| Net Profit (in Crores) | ₹7.87 | ₹6.22 | ₹7.06 | +26.53% | +11.47% |
Indef Manufacturing Limited, incorporated in September 2022 and listed on the NSE and BSE on February 21, 2025, operates in the material handling equipment segment, manufacturing products such as hoists, cranes, and storage solutions. The company was formed following a demerger of the manufacturing business from Hercules Hoists Limited, effective September 30, 2024. In a significant recent update, the company completed the acquisition of an 80% stake in Daedalus Lift & Access Equipments Private Limited for ₹5.08 Crores in September 2025 to strengthen its presence in the mobile elevating work platform segment. As of December 2025, notable institutional investors include the Massachusetts Institute of Technology, which holds a 1.56% stake in the company.
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