Kolkata, West Bengal, Feb 12: Dollar Industries Limited, one of the most trusted names in the Garment & Hosiery business, announced its Q3 FY26 & 9M FY26 results today. The Board of Directors of Dollar Industries Limited at its meeting held on 11th February 2026 took on record the unaudited Financial Results for the third quarter of Financial Year 2025-26. Dollar Industries have a robust domestic and international presence spreading over more than 15 countries.
Commenting on the results, Mr. Vinod Kumar Gupta and Mr. Binay Kumar Gupta, Managing Directors, Dollar Industries Limited said: We are pleased to report another quarter of stable performance with continued focus on profitability. Operating Revenue for the quarter stood at ₹38,843 lakhs, 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 ₹14,172 lakhs in Q3 FY26, with Gross Profit Margin expanding by 91 bps YoY to 36.5%. Operating EBITDA for the quarter stood at ₹3,883 lakhs, with a margin of 10.0%. For the nine-month period, Operating EBITDA increased by 12.6% YoY to ₹14,202 lakhs 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 ₹1,836 lakhs, with a PAT margin of 4.7%. For the nine-month period, PAT increased by 21.1% YoY to ₹7,485 lakhs 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 Q3 FY26. 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 Q3 FY26, 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.
“Milestones Achieved in Q3 FY26”
· Operating Income of ₹ 38,843 Lacs in Q3 FY26, registering a growth of 2.0% YoY
· Gross Profit of ₹ 14,172 Lacs in Q3 FY26, with a margin of 36.5%
· Operating EBITDA of ₹ 3,883 Lacs in Q3 FY26, with a margin of 10.0%
· PAT of ₹ 1,836 Lacs in Q3 FY26 with a margin of 4.7%
· EPS stood at ₹ 3.24 in Q3 FY26 as against ₹ 3.52 in Q3 FY25
“Milestones Achieved in 9M FY26”
- Operating Income of ₹ 1,25,941 Lacs in 9M FY26, registering a growth of 8.4% YoY
- Gross Profit of ₹ 44,722 Lacs in 9M FY26, growing 10.7% YoY, with a margin of 35.5%
- ·Operating EBITDA of ₹ 14,202 Lacs in 9M FY26, growing 12.6% YoY, with a margin of 11.3%
- · PAT of ₹ 7,485 Lacs in 9M FY26, growing 21.1% YoY with a margin of 5.9%
- EPS stood at ₹ 13.20 in 9M FY26 as against ₹ 10.89 in 9M FY25
