Announced Fri, 13 Feb · 16:18 IST

Please see the attachment

Qualified OpinionPat NegativeRevenue DeclineContingent Liabilities IncreasedResults View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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AI summary

The Board of AI Champdany Industries approved unaudited financial results for Q3 FY26 (quarter ended Dec 31, 2025) and nine months ended Dec 31, 2025, along with a Limited Review Report from G Basu & Co. Revenue from operations stood at Rs 4,175.17 lacs in Q3 FY26 (vs Rs 4,182.85 lacs in Q3 FY25) and Rs 14,134.15 lacs for 9M FY26 (vs Rs 14,190.75 lacs in 9M FY25). The company reported a net loss of Rs (564.48) lacs for the quarter and Rs (2,056.07) lacs for nine months, continuing its loss-making streak. Both segments (Jute and Flax) remained in the red, with the jute segment loss widening to Rs (1,910.90) lacs from Rs (1,638.42) lacs year-on-year. The auditor's review conclusion was qualified — stating 'except for footnote No. 5' — referring to additional employee-related liabilities from the new labour code (effective Nov 2025) which are pending ascertainment and will be provided at year-end.

Likely market impact

Persistent losses across both segments, qualified auditor review, and operational disruptions (Jagatdal unit suspended Jan 5–21, 2026; reduced capacity at Wellington and Jagatdal) signal continued stress for shareholders. The pending labour code liability could further pressure earnings once quantified at year-end.