CreditAccess Grameen Ltd., a leading microfinance institution, has delivered a stunning turnaround in Q3 FY26, posting a consolidated net profit of ₹252.09 crores—a remarkable recovery from the ₹99.52 crore loss reported in the same quarter last year. This represents a dramatic 353.31% year-on-year reversal, signalling a decisive shift in the company's operational trajectory after a challenging previous year.

Umiya Buildcon Ltd., a micro-cap telecom equipment and accessories provider with a market capitalisation of ₹151.00 crores, reported a consolidated net profit of ₹1.14 crores for Q3 FY26, marking a sharp decline of 83.01% quarter-on-quarter and 44.93% year-on-year. The telecom equipment specialist, which trades on NSE under the ticker UMIYA-MRO, witnessed its stock plunge 8.94% on January 20, 2026, closing at ₹74.67 following the disappointing results.

Supreme Petrochem Ltd., a leading manufacturer of polystyrene and expandable polystyrene with a market capitalisation of ₹10,272 crores, reported consolidated net profit of ₹30.57 crores for Q3 FY26, marking a sharp decline of 36.69% quarter-on-quarter and continuing a troubling downward trajectory that has seen profits plummet from ₹81.82 crores in Q1 FY26. The stock reacted negatively, trading at ₹507.45 on January 20, 2026, down 4.99% on the day and having lost 21.26% year-to-date, reflecting investor concerns about deteriorating operational performance despite the company's historically excellent quality credentials.

Shoppers Stop Ltd., India's leading omni-channel fashion and lifestyle retailer, reported a return to quarterly profitability in Q3 FY26 with net profit of ₹16.12 crores, reversing two consecutive quarters of losses. However, this modest profit represents a sharp 69.14% decline year-on-year from ₹52.23 crores in Q3 FY25, raising serious questions about the sustainability of the company's business model amidst mounting competitive pressures and operational inefficiencies.

Mallcom (India) Ltd., a prominent manufacturer and exporter of personal protective equipment, reported a dramatic profit recovery in Q3 FY26 with consolidated net profit surging 171.39% quarter-on-quarter to ₹10.15 crores, though revenue declined 5.88% sequentially to ₹131.14 crores. The Kolkata-based micro-cap company with a market capitalisation of ₹706.00 crores has seen its stock tumble 26.19% over the past three months, currently trading at ₹1,069.40—down 30.08% from its 52-week high of ₹1,529.50.

United Spirits Ltd., India's largest alcoholic beverage company and a subsidiary of global spirits giant Diageo, reported a consolidated net profit of ₹418.00 crores for Q3 FY26 (October-December 2025), reflecting a sequential decline of 9.91% from Q2 FY26's ₹464.00 crores but demonstrating resilient year-on-year growth of 24.78% over Q3 FY25's ₹335.00 crores. With a commanding market capitalisation of ₹96,087 crores, the company's latest quarterly performance reveals a mixed picture: robust volume recovery driving topline expansion, but deteriorating operating margins raising questions about the sustainability of its premium 56x price-to-earnings valuation.

Rallis India Ltd., the Tata Group's agrochemical subsidiary with a market capitalisation of ₹4,621 crores, continues to grapple with profitability challenges despite showing signs of recovery in recent quarters. The stock has faced severe headwinds over the past year, declining 15.03% against the Sensex's 6.63% gain, whilst the broader pesticides and agrochemicals sector fell just 1.78%. Trading at ₹229.75 as of January 20, 2026, the stock is down 40.42% from its 52-week high of ₹385.60, reflecting deep investor concerns about the company's operational trajectory.

NDA Securities Ltd., a micro-cap non-banking financial company with a market capitalisation of ₹18.00 crores, reported a consolidated net loss of ₹0.52 crores for Q3 FY26 ended December 2025, marking a dramatic deterioration from the ₹0.12 crore profit posted in the same quarter last year. The 533.33% year-on-year decline underscores mounting operational challenges at the Delhi-based brokerage and financial services firm, which has now slipped into negative profitability for two consecutive quarters.

The December 2025 quarter earnings season has delivered a notable improvement in positive results, with 56.0% of the 234 companies declaring results reporting upbeat performances. This marks a significant rise compared to the preceding quarters, reflecting a cautious but encouraging recovery across market capitalisation segments and sectors.

Asian Warehousing Limited, a micro-cap player in the consumer services sector with a market capitalisation of just ₹13.00 crores, has reported virtually flat net profit for Q3 FY26, underscoring the operational and financial challenges that have plagued the company. The stock has been under severe pressure, plunging 7.44% to ₹34.10 following the results announcement, reflecting deep investor scepticism about the company's ability to generate meaningful returns in a highly leveraged capital structure.

AU Small Finance Bank Ltd. delivered an impressive 26.34% year-on-year surge in net profit for Q3 FY26, posting ₹667.66 crores against ₹528.45 crores in the same quarter last year. The mid-cap lender, with a market capitalisation of ₹75,544 crores, demonstrated robust earnings momentum with a 19.04% sequential jump from Q2 FY26's ₹560.87 crores. However, the stellar profit performance comes alongside persistent margin compression, with Net Interest Margin (NIM) declining to 5.7% from 5.9% a year ago, raising questions about the sustainability of growth quality.

BIGBLOC Construction Ltd., one of India's largest manufacturers of Aerated Autoclaved Concrete (AAC) blocks, reported a consolidated net profit of ₹1.85 crores for Q3 FY26 (October-December 2025), representing a sharp 15.14% decline year-on-year from ₹2.18 crores in Q3 FY25. The results revealed persistent margin pressures despite robust revenue growth, triggering an 8.18% stock price decline to ₹62.50 on January 20, 2026. With a market capitalisation of ₹963.00 crores, the micro-cap cement products manufacturer faces mounting operational challenges that have overshadowed its impressive top-line expansion.

Roselabs Finance Limited, the micro-cap non-banking financial company under the Lodha Group umbrella, reported a quarterly net loss of ₹0.04 crores for Q3 FY26 (October-December 2025), marking a marginal improvement from the ₹0.06 crore loss in Q2 FY26. With a market capitalisation of just ₹27.00 crores and a deeply negative book value of ₹-4.73 per share, the company remains entrenched in severe financial distress despite sporadic revenue generation.