Submission of un-audited financial results for the Quarter ended 31.12.2025
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Anand Projects Ltd submitted its Q3 FY26 (Oct-Dec 2025) results, which were approved by the Board on Feb 12, 2026 with a clean (unqualified) limited review report from auditor Chopra Vimal & Co. Revenue from operations stayed flat at Rs 30 lakh, same as the year-ago quarter, but total expenses jumped to Rs 72.33 lakh from Rs 43.29 lakh, pushing the company into a net loss of Rs 57.70 lakh (EPS of Rs -6.18) versus a Rs 55.14 lakh loss in Q3 FY25. Other income was negligible at Rs 2.42 lakh this quarter, compared to a one-off Rs 428.26 lakh in Q2 FY26, which had boosted the nine-month picture to a Rs 247.56 lakh profit (vs Rs 846.81 lakh loss in 9M FY25). The balance sheet remains weak, with other equity in negative territory at Rs -75.18 lakh against share capital of Rs 93.43 lakh.
The company continues to report losses at the operating level with no real revenue growth, and its negative net worth signals financial stress — this is a negative read for shareholders. The nine-month profit flip is not driven by core operations and is unlikely to be sustained.