Ashapura Minechem Ltd. announced its financial results for the quarter and nine months ended December 31, 2025. For Q3 FY2025-26, consolidated income from operations was ₹960.43 crore, an increase of 0.8% compared to ₹952.50 crore in Q2 FY2025-26. Profit Before Tax & Exceptional Items rose by 10.0% to ₹89.31 crore from ₹81.22 crore in the previous quarter. For the nine months ended FY2025-26, consolidated income from operations stood at ₹3268.50 crore, a significant increase of 49.7% compared to ₹2183.69 crore in the same period last year. Profit Before Tax & Exceptional Items for the nine-month period increased by 37.3% to ₹302.37 crore from ₹220.14 crore in the prior year. The company recognized an exceptional item of ₹1.77 crore in standalone results and ₹4.56 crore in consolidated results due to the revised definition of wages under the New Labour Code, effective November 2025. The Guinea business recorded improved profitability in Q3 FY26, driven by reduced demurrage charges and operational efficiencies. However, a moderation in EBITDA is expected due to softening bauxite prices. The Iron Ore business is in a trial phase with limited volumes executed in Q3. India businesses (Divisions b, c, and d) saw a moderation in profitability. Division b margins were impacted by rising input costs and a higher proportion of lower-margin products. Division c profitability was affected by increased sulphuric acid prices. Division d performance remained stable.