Lotus Chocolate posted a weak Q3 FY26, with revenue falling 14% YoY to ₹142 crore and PAT dropping 96% YoY to ₹14 lakh amid commodity pressures. EBITDA stood at ₹5.7 crore with a 4% margin. Despite near-term stress, the company is pivoting from B2B to B2C, supported by Reliance’s 51% stake and distribution scale.