Horizontal Comparison: March 2026 to June 2026

Compare every financial field in three clear columns. The third column shows the change from March to June with automatic green and red indicators.

Enter company and quarterly values

The third result column is specifically the March-to-June comparison. Add any financial field needed for your company.

What Is Horizontal Analysis of Quarterly Company Results?

It compares the same financial items across two periods to show how revenue, expenses and profits have changed.

How to use this calculator: Enter each quarter’s figures using the same units and the same reporting basis: standalone with standalone, or consolidated with consolidated. The calculator shows the change in amount and percentage. It helps you identify figures to review, but it cannot decide whether a company is a suitable investment.

Illustration: Cochin Shipyard Ltd.

Using the example figures entered for March 2026 and June 2026, sales or revenue changed from ₹1,214 crore to ₹910 crore.

March 2026 ₹1,214 crore Sales in this example
June 2026 ₹910 crore Sales in this example
Change −₹304 crore Approximately −25.04%
Percentage change = (June figure − March figure) ÷ March figure × 100
(₹910 crore − ₹1,214 crore) ÷ ₹1,214 crore × 100 ≈ −25.04%

In this example, reported sales or revenue were lower in June than in March. That is a reason to look more closely, but it does not by itself prove the company had difficulty selling its products. Project timing, deliveries, revenue recognition, changes in project mix and seasonal patterns can all affect quarterly figures.

Look at expenses and profit together

Expenses also declined in the example. However, a decrease in expenses does not automatically mean profitability improved. Compare the size of the expense change with the change in sales and review the profit margins.

Based on the example percentages entered, operating profit decreased by 28.18% and net profit decreased by 37.04%. If these figures use the same reporting basis and comparable periods, they suggest profits fell faster than sales and may deserve closer review.

A balanced interpretation: Lower profit can be an important signal to investigate, but one quarter alone does not prove that a company’s overall financial position has weakened. Review margins, expenses, cash flow, exceptional items, order book and the company’s explanations in its financial statements.

Before drawing a conclusion

Helpful checks:
  • Use the same line items, units and standalone or consolidated basis for both quarters.
  • Compare June 2026 with June 2025 as well as with March 2026.
  • Verify the figures against the company’s published financial statements.
  • Treat the calculator output as a learning aid, not as a forecast.

A quarterly result may be one factor investors consider, but it does not by itself explain a share-price movement. This calculator cannot predict whether a share price will rise or fall.

Educational use only: This explanation and calculator are for learning purposes. They are not investment, financial or tax advice, and are not a recommendation to buy, sell or hold any security. Check the figures and calculations independently, and consult a qualified investment adviser in India for advice suited to your circumstances.
Financial fieldUnitMarch valueJune valueAction
Click “Show three-column comparison” to calculate the results.

March 2026 to June 2026 Horizontal Analysis

The third column compares June 2026 against March 2026.

Financial indicatorMarch 2026June 2026Third column: March to June change
The comparison will appear here.
● Green = increase● Red = decreaseChange = June value − March value and percentage change

Formula: percentage change = ((June value − March value) ÷ March value) × 100. If the March value is zero, the percentage is shown as N/A.