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Maximus International Reports 15% YoY Revenue Growth in Q3 FY26; Forecasts Record-Breaking Annual Performance

By PNN | Updated: February 17, 2026 09:10 IST

New Delhi [India], February 16: Maximus International Limited (BSE: 540401), a premier manufacturer and exporter of specialty lubricants, has ...

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New Delhi [India], February 16:Maximus International Limited (BSE: 540401), a premier manufacturer and exporter of specialty lubricants, has released its reviewed financial results for the quarter and nine months ended December 31, 2025. Despite a complex global market, the company maintains steady growth and operational resilience.

Key Consolidated Financial Highlights

Quarterly Performance (Q3 FY26 vs. Q2 FY26)

  • Revenue: Held steady at ₹435 Mn, showcasing consistent market demand.
  • Cost Efficiency: Total expenses decreased by ₹20 Mn (~5%), reflecting disciplined operational management.
  • Profitability: PAT and PBT remain healthy; Total Comprehensive Income reached ₹27 Mn, bolstered by favorable foreign exchange gains.

Year-on-Year Growth (Q3 FY26 vs. Q3 FY25)

  • Revenue Expansion: Increased by ₹168 Mn (~15%), driven by robust performance across international markets.
  • Stable Returns: Net Profit remained consistent with the previous year, balancing higher input costs through enhanced efficiency.
  • Comprehensive Income: Grew by ₹15 Mn (~17%), supported by positive FX translations.

Nine-Month (9M) Overview

  • Resilient PAT: Consolidated profit for the nine-month period stood at approximately ₹71 Mn, matching the previous year's performance.
  • Strategic Adaptation: This stability was achieved despite significant tariff and duty disruptions in Kenya. Maximus has proactively mitigated these challenges by re-tailoring its product mix while awaiting government duty reversals.

Forward Outlook

With a traditionally stronger fourth quarter ahead, Maximus International projects that FY 2026 annual results is expected to surpass those of FY 2025. The company remains committed to high-quality specialty lubricants and sustainable growth across the industrial and automotive sectors.

Maximus International Limited is a BSE-listed entity specializing in the manufacturing and global export of base oils and petroleum-based products.

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