Sindhu Trade Links Reports Q3FY26 Profit Despite Revenue Decline as CEO Alok Gupta Resigns

Sindhu Trade Links reported a sharp swing back to profit in the quarter ended 31 December 2025, even as revenue declined steeply. The small-cap logistics company also confirmed the exit of Chief Executive Officer Mr. Alok Gupta, with the resignation effective from the close of business on 31 January 2026.

For Q3FY26, consolidated net profit stood at Rs 13.87 crore, against a consolidated net loss of Rs 7.47 crore in Q3FY25. However, consolidated sales fell 76.68% year-on-year to Rs 119.15 crore, compared with Rs 510.87 crore in the corresponding quarter of the previous financial year.

On a standalone basis, Sindhu Trade Links recorded a weaker quarter. Standalone net profit in the December 2025 quarter fell 61% year-on-year to Rs 5.74 crore, compared with Rs 14.60 crore in the December 2024 quarter. Total revenue for Q3FY26 declined 16% year-on-year to Rs 95.33 crore.

Despite the quarterly softness, performance over the nine-month period showed positive earnings. Total revenue for the nine months ended 31 December 2025 rose to Rs 334.38 crore. Net profit for this nine-month period came in at Rs 16.38 crore, indicating profit generation across the financial year so far.

The company notified stock exchanges that Mr. Alok Gupta tendered his resignation as Chief Executive Officer (Key Managerial Personnel). The resignation letter is dated 31 January 2026, while the formal exchange disclosure is dated 3 February 2026. The company stated that the resignation was due to personal reasons.

According to the disclosure, the effective date of cessation was 31 January 2026, and Mr. Alok Gupta was relieved of responsibilities at the end of business hours on that day. As the change involved a resignation and not a new appointment, items such as brief profile and relationship disclosures were marked not applicable.

The company explained that 31 January 2026 fell on a Saturday, so the exchange filing could only be uploaded on Monday, 2 February 2026. Sindhu Trade Links reiterated that it has complied with material disclosure norms under the Listing Regulations and stated that it intends to continue timely regulatory compliance for stakeholders.

On the market side, shares of Sindhu Trade Links Ltd (SINDHUTRAD) closed at Rs 23.00 on the NSE on 13 February 2026. The stock declined 4.64% during that trading session. Based on the latest data, the Price-to-Book ratio stood at 2.69, while the Price-to-Earnings ratio was around 64.24.

The key reported financial metrics are summarised below:

Period / Metric	Figure
Q3FY26 consolidated net profit	Rs 13.87 crore
Q3FY25 consolidated net loss	Rs 7.47 crore
Q3FY26 consolidated sales	Rs 119.15 crore
Q3FY25 consolidated sales	Rs 510.87 crore
Q3FY26 standalone net profit	Rs 5.74 crore
Q3FY25 standalone net profit	Rs 14.60 crore
Q3FY26 total revenue	Rs 95.33 crore
9M FY26 total revenue	Rs 334.38 crore
9M FY26 net profit	Rs 16.38 crore

Sindhu Trade Links Limited, founded in 1992 and based in Gurugram, operates across several sectors linked to logistics and resources. The business has seven reported segments: Transportation, Logistics & Mining; Oil & Lubricants; Finance & Investment; Power Generation; Media Activities; Coal Mining and Trading; and Oil Drilling Operations.

For finance readers, the latest quarter shows a contrasting picture of improved consolidated profitability but weaker revenue and standalone earnings, alongside a leadership change at the top. Market valuation indicators, combined with segment diversification and ongoing disclosure commitments, provide important context for assessing Sindhu Trade Links at current price levels.