Key Highlights
- Revenue from operations rose 18 percent year on year to ₹149.39 crore in Q3 FY26.
- Nine-month revenue increased 30 percent to ₹431.92 crore in FY26.
- EBITDA declined on a sequential and annual basis due to higher employee costs.
- Profit before tax before exceptional items stood at ₹10.96 crore in Q3 FY26.
- Exceptional charge of ₹581.86 lakh booked due to new labour code adjustments.
MosChip Technologies Limited announced its unaudited consolidated financial results for the third quarter ended December 31, 2025, reporting steady revenue growth amid pressure on operating margins. The results were approved by the company’s board and submitted to stock exchanges on January 31, 2026.
For Q3 FY26, revenue from operations increased 18 percent year on year to ₹149.39 crore, compared with ₹126.16 crore in the corresponding quarter of the previous fiscal. On a sequential basis, revenue rose 2 percent from ₹146.94 crore in Q2 FY26. EBITDA declined to ₹16.41 crore during the quarter, compared with ₹18.24 crore in the previous quarter and ₹18.32 crore in Q3 FY25.
Profit before tax, excluding exceptional items, stood at ₹10.96 crore in Q3 FY26, down from ₹12.59 crore in Q2 FY26 and ₹11.13 crore in Q3 FY25. The decline in profitability was primarily attributed to salary revisions implemented across the organisation during the quarter, which led to higher operating expenses.
For the nine months ended December 31, 2025, MosChip reported revenue from operations of ₹431.92 crore, registering a 30 percent increase from ₹332.13 crore in the corresponding period last year. EBITDA for the nine-month period grew 14 percent to ₹51.80 crore, while profit before tax, excluding exceptional items, rose 40 percent to ₹35.00 crore.
During the quarter, the company recognised an exceptional charge of ₹581.86 lakh following the implementation of newly notified labour codes in India. The adjustment relates to increased gratuity and leave liabilities arising from past service costs and was treated as a one-time exceptional item.
On the business front, MosChip announced the launch of its AgenticSky framework, aimed at enabling the development of intelligent and autonomous products. The platform is designed to support scalable solutions across sectors such as healthcare, industrial automation, and consumer electronics.