The Board of Directors of the Company at its meeting held on 12th February 2026, inter-alia has considered and transacted following business: The Board approved the Standalone and Consolidated ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 3.8 pts less than Nifty Microcap 250 and 3.8 pts less than its Iron & Steel Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
The Board of Directors on 12 February 2026 approved the unaudited standalone and consolidated financial results for Q3 FY26 and nine months ended December 2025, along with a clean Limited Review Report from auditor Ramanand & Associates (no qualifications). Standalone revenue from operations rose about 30% year-on-year to Rs 50.58 lakhs in Q3 (nine months: Rs 151.75 lakhs vs Rs 116.71 lakhs). However, the company remained loss-making, with standalone Q3 loss after tax widening to Rs 212.30 lakhs and nine-month PAT loss deepening sharply to Rs 530.93 lakhs (vs Rs 320.69 lakhs last year). On a consolidated basis, the nine-month loss was even larger at Rs 757.51 lakhs. The company also capitalised Rs 10.17 crores spent on importing machinery under Capital Work-in-Progress during the nine months, indicating significant capex activity.
Despite healthy top-line growth in the standalone business, rising costs are squeezing the company deeper into losses, which is a negative signal for near-term shareholder returns. The auditor's clean review removes near-term compliance risk, but persistent and widening losses plus heavy capex raise questions about path to profitability.