Sunil Industries Q4 revenue jumps 269% from a weak third quarter
Revenue surged to ₹59.85 cr in the March quarter from a trough of ₹16.21 cr in December, lifting full-year sales to ₹220.04 cr.
What's new
- Q4 revenue jumped to ₹59.85 cr from just ₹16.21 cr in Q3.
- Full-year FY26 revenue rose 28% to ₹220.04 cr and net profit rose 18% to ₹4.60 cr.
- Board appointed Chetan Jain & Associates as internal auditor; independent director Shruti Saraf stepped down.
Why this matters
The Q3 number was an anomaly, not the trend. A revenue quarter of ₹16.21 cr in a ₹220 cr annual business suggests something broke temporarily. Q4's snapback to ₹59.85 cr is the real operational baseline. The full-year 28% growth is decent, but the 18% profit growth on a lower base means margin pressure is real.
What we're watching
- Whether Q4's revenue run-rate holds into FY27.
- The margin story: profit grew 18% on 28% revenue growth.
- Any explanation for the Q3 collapse.
The full read
Sunil Industries' Q4 numbers are a correction, not a story. Revenue jumped to ₹59.85 cr from a December quarter of just ₹16.21 cr. The company didn't suddenly grow 269% in three months. Something went wrong in Q3, and Q4 is the fix. On an annual basis, the business looks steadier: FY26 revenue rose 28% to ₹220.04 cr and net profit rose 18% to ₹4.60 cr. But the spread tells you margin pressure is building. The governance updates are standard. The real question is what caused the Q3 crater, and whether ₹60 cr quarters are the new normal for a company that does ₹220 cr a year.
Questions answered
- How big was the sequential revenue swing?
- Revenue jumped from ₹16.21 crore in Q3 to ₹59.85 crore in Q4, a 269% increase. It's a snapback, not normal quarter-on-quarter movement.
- What does the full-year growth look like?
- FY26 total revenue rose 28% to ₹220.04 crore and net profit rose 18% to ₹4.60 crore. Revenue growth outpaced profit growth, pointing to tighter margins.
- What happened in Q3?
- The filing doesn't say. Revenue fell to ₹16.21 crore, a fraction of both the Q4 and the annual average. The causes are not disclosed.
- Any governance changes?
- The board appointed Chetan Jain & Associates as internal auditor and accepted the resignation of independent director Shruti Saraf. Both are standard updates.