Aartech Solonics Limited has informed the Exchange regarding Board meeting held on February 12, 2026.
AARTECH · price
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The Board approved unaudited standalone and consolidated IndAS financial results for the quarter and nine months ended December 31, 2025. Standalone revenue from operations fell to ₹738.23 lakhs in Q3 FY26, down about 23% from ₹955.23 lakhs in Q3 FY25. For the nine-month period, standalone revenue dropped to ₹2,271.72 lakhs versus ₹2,556.77 lakhs last year, a decline of roughly 11%. Standalone profit after tax for nine months came in at ₹276.74 lakhs, a sharp 39% fall from ₹454.34 lakhs in the prior year. The company booked an exceptional loss of ₹1.21 crore in Q3 due to a fire at its Mandideep factory on October 16, 2025, and an insurance claim is pending. The auditor (Bansal R S & Co LLP) issued an unqualified review opinion but flagged an Emphasis of Matter regarding an ongoing dispute with associate entity Enerqual Technology Pvt Ltd, due to which associate financials could not be consolidated. Management noted that product mix is improving, with panels now being manufactured up to 220 kV ratings.
Investors should note the year-on-year decline in both revenue and profit, partly driven by the one-time fire loss, with insurance recovery still uncertain. The unresolved dispute with the associate company and pending insurance claim are key items to watch, though margins are showing improvement from the shift to higher-rated products.