Apparels & Accessories company Dollar Industries announced Q3FY26 results Operating Income of Rs 38,843 lakh in Q3FY26, registering a growth of 2.0% YoY. Gross Profit of Rs 14,172 lakh in Q3FY26, with a margin of 36.5%. Operating EBITDA of Rs 3,883 lakh in Q3FY26, with a margin of 10.0%. PAT of Rs 1,836 lakh in Q3FY26 with a margin of 4.7%. EPS stood at Rs 3.24 in Q3FY26 as against Rs 3.52 in Q3FY25. Vinod Kumar Gupta & Binay Kumar Gupta, Managing Directors, Dollar Industries, said: We are pleased to report another quarter of stable performance with continued focus on profitability. Operating Revenue for the quarter stood at Rs 38,843 lakh, reflecting a 2.0% growth YoY. During the quarter, demand conditions remained steady, though revenue growth was modest due to continued competitive intensity and pricing pressures. In this environment, the company maintained a prudent approach with a strong focus on cost discipline, operating efficiency, and protecting earnings quality, rather than pursuing growth at the expense of profitability. This approach helped support margin stability during the quarter. Gross Profit increased 4.6% YoY to Rs 14,172 lakh in Q3FY26, with Gross Profit Margin expanding by 91 bps YoY to 36.5%. Operating EBITDA for the quarter stood at Rs 3,883 lakh, with a margin of 10.0%. For the nine-month period, Operating EBITDA increased by 12.6% YoY to Rs 14,202 lakh with Operating EBITDA margin expanding by 41 bps YoY to 11.3%, reflecting continued emphasis on protecting operating profitability through efficiency measures. Profit After Tax for the quarter stood at Rs 1,836 lakh, with a PAT margin of 4.7%. For the nine-month period, PAT increased by 21.1% YoY to Rs 7,485 lakh with PAT Margin expanding by 63 bps YoY to 5.9%. The Company believes that, given current industry dynamics, prioritising profitability and operating leverage over aggressive topline growth is a prudent and sustainable approach. The objective is not to choose between growth and margins, but to sequence them appropriately, with margin stability and earnings quality taking precedence in the current environment. Turning to brands performance, our premium brand Force NXT continued its growth momentum registering year on year value and volume growth of 26.5% and 48.1% respectively in Q3FY26. For the nine months ended FY26, Force NXT recorded value growth of 16.7% and volume growth of 27.1% respectively, driven by increasing consumer preference for differentiated, high quality products. On the distribution front, we continued to witness steady traction across modern trade, e-commerce, and quick-commerce channels during Q3FY26, contributing 12.8% of overall revenue. For the nine months period, these channels recorded strong value growth of 36.0% and volume growth of 38.9%, contributing 11.6% to overall revenue. Looking ahead, as the operating environment normalises, we expect growth to follow, supported by a stronger cost base and improved operating leverage. The Company remains opportunity-led rather than target-led on growth, with a continued focus on returns and cash flows. Result PDF