Commercial Vehicles company Ajax Engineering announced Q3FY26 results Revenue from operations stood at Rs 434 crore, compared to Rs 548 crore in Q3FY25. EBITDA for Q3FY26 stood at Rs 48 crore, compared to Rs 88 crore in Q3FY25. EBITDA margin for the quarter stood at 11.0% in Q3FY26, compared to 16.1% in Q3FY25. Profit after tax for Q3FY26 stood at Rs 38 crore, compared to Rs 68 crore in Q3FY25. Shubhabrata Saha, Managing Director & Chief Executive Officer, Ajax Engineering, said: “The last few quarters have been a period of transition for the industry, with extended monsoons, changes in emission norms and slower project execution impacting demand. Despite this, we continued to make progress in strengthening our portfolio, with steady growth in our non-SLCM and spares and services businesses. As we introduce our new CEV-5 machines, our approach has been to closely track performance, gather customer feedback and calibrate pricing in line with market response, with a clear focus on long-term sustainability. While higher production costs linked to the emission transition weighed on margins, we expect operating leverage, process efficiencies and calibrated pricing actions to support profitability in FY27. We remain confident in the long-term growth trajectory of our business and will continue to invest. The government’s continued focus on infrastructure and the ongoing shift towards mechanised construction are expected to support demand, and we remain committed to maintaining our leadership in SLCM while building scale in the non-SLCM segment.” Result PDF