Outcome of board Meeting held today January24, 2026.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
The board approved unaudited financial results for the quarter ended December 31, 2025 (Q3 FY26), both standalone and consolidated. On a consolidated basis, the company reported a net loss of ₹2,087.33 lakhs in Q3 FY26, swinging sharply from a profit of ₹734.74 lakhs in Q3 FY25. Revenue from operations turned negative at -₺282.97 lakhs, compared to ₹1,280.39 lakhs a year ago. The steep loss was driven primarily by a huge jump in provisions for impairment on financial instruments, which spiked to ₹1,876.71 lakhs from ₹319.36 lakhs in the year-ago quarter. On a 9-month FY26 basis, consolidated net loss stood at ₹1,980.39 lakhs versus a profit of ₹945.58 lakhs in the same period last year. Standalone Q3 results also showed a net loss of ₹2,013.54 lakhs. The board also reconstituted its Audit, Nomination & Remuneration, and Stakeholders Relationship committees.
This is a materially negative result for shareholders, with the company swinging from profit to a sizeable loss due to a sharp increase in asset-quality-related provisions. Investors should expect negative sentiment and possible pressure on the stock, though a tax benefit of about ₹528 lakhs (mainly deferred tax) partially cushioned the bottom line.