Board Meeting Outcome for approval of Unaudited Standalone and Consolidated Financial Results of the Company for the Quarter and Nine Months ended December 31, 2025 along with Limited Review Report.
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Abans Enterprises' Board approved unaudited results for Q3 and nine months ended December 31, 2025, with a clean (unmodified) limited review report from auditor M/s. CLASS & CO LLP. On a standalone basis, Q3 revenue fell to Rs. 950.21 lakhs (from Rs. 1,449.08 lakhs a year ago), and the company posted a loss after tax of Rs. 317.19 lakhs versus a profit of Rs. 141.53 lakhs in the year-ago quarter, driven largely by a Rs. 466.94 lakh net loss on fair value changes. On a consolidated basis, revenue jumped sharply to Rs. 7,30,242 lakhs for 9M FY26 (from Rs. 1,87,588 lakhs YoY), but profit after tax declined to Rs. 1,191.23 lakhs (from Rs. 1,457.09 lakhs), with a Rs. 7,333 lakh fair-value loss weighing on the period. The Board also approved withdrawal of the previously filed NCLT scheme of amalgamation with wholly-owned subsidiary Abans Jewels Limited, citing that expected benefits were not sufficiently demonstrable.
Mixed picture for shareholders: consolidated revenue growth is strong but profitability is under pressure and the standalone business has slipped into losses, which may concern investors. The withdrawal of the amalgamation scheme removes a pending corporate event but signals management's caution about near-term synergies.