Conect – Oct-Dec’25 Results – PAT beat estimates, NIFTY EPS cut 2.9% for FY26
Published on 24 Feb 2026
PL Universe in 3QFY26 reported Sales, EBITDA, PAT growth of 9.9%, 16.4%, and 16.7% YoY respectively. Ex-BFSI EBITDA increased 18.5% YoY. Ex-O&G EBITDA increased 14.6% YoY.
PL Coverage universe posted 1.7% higher sales growth than estimates for 3Q26. EBIDTA/PAT beat estimates by 3.4% and 7.0%. Ex-BFSI EBIDTA and PAT beat was 3.0/6.9%. Ex- Oil & Gas EBIDTA and PAT beat were 2% and 5.2%.
Auto, EMS, Renewables, NBFC, Hospitals, Cement, Durables, Telecom, logistics and Ports reported more than 15% sales growth. Capital Goods, Consumer, Metals and Pharma reported between 10-15% sales growth.
