Ashima Limited has informed the Exchange regarding Board meeting held on February 13, 2026.
ASHIMASYN · price
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Ashima Limited's Board approved its unaudited financial results (standalone and consolidated) for Q3 and nine months ended December 31, 2025, along with a clean limited review report from Mukesh M. Shah & Co. Standalone revenue from operations fell sharply to Rs 39 lacs in Q3 FY26 from Rs 217 lacs a year earlier, and 9M FY26 revenue dropped to Rs 409 lacs from Rs 967 lacs in 9M FY25, a roughly 58% decline. The company reported a standalone net loss of Rs 305 lacs for Q3 FY26, while the 9M FY26 net loss narrowed to Rs 1,424 lacs from Rs 2,213 lacs a year ago. The cotton textile business, shut down last year, continues to be shown under discontinued operations. The Board also cleared a postal ballot notice seeking shareholder approval for a related party transaction between Saumya Construction Private Limited and Ashima Capital Management Limited (a wholly owned subsidiary).
The sharp drop in operating revenue and ongoing losses point to a weak operational quarter, though the narrowing of the year-to-date loss is a mild positive. Shareholders should watch the upcoming postal ballot outcome on the related party transaction, as it involves the company's wholly owned subsidiary.