1. UNAUDITED (STANDALONE) FINANCIAL RESULTS The Board of Director have considered and approved the Unaudited (Standalone) Financial Results along with Limited Review Report thereon for ....
Awaiting price reaction for this filing.
Alstone Textiles' board approved unaudited standalone financial results for Q3 FY26 (quarter ended Dec 31, 2025) and nine months ended Dec 31, 2025. Total income for Q3 FY26 stood at Rs 272.71 lakhs, sharply higher than Rs 26.76 lakhs in Q3 FY25, while profit after tax jumped to Rs 264.47 lakhs from Rs 5.87 lakhs. For the nine-month period, total income doubled to Rs 672.44 lakhs (vs Rs 320.01 lakhs) and PAT rose to Rs 588.65 lakhs from Rs 264.21 lakhs. The company clarified that Regulation 32 (use of proceeds reporting) is not applicable as it has not raised funds through any preferential or public issue. Two independent directors, Mr. Bhupendra Kaushik (effective Dec 23, 2025) and Mr. Luv Sharma (effective Nov 20, 2025), resigned during the quarter.
While percentage-wise profit growth looks very strong, the company has an unusually large paid-up share capital (Rs 62,748 lakhs at Re 1 face value), making per-share earnings effectively negligible. The resignation of both independent directors in quick succession raises a governance red flag worth monitoring.