Ashima Limited has informed the Exchange regarding Board meeting held on February 13, 2026.
ASHIMASYN · price
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Ashima Limited's board, meeting on February 13, 2026, approved the unaudited financial results for Q3 and nine months ended December 31, 2025, along with a postal ballot notice for a related party transaction between Saumya Construction Pvt Ltd and its wholly owned subsidiary Ashima Capital Management Ltd. Revenue from operations dropped sharply to Rs. 39 lacs in Q3 FY26 from Rs. 217 lacs in Q3 FY25, and to Rs. 409 lacs for nine months vs Rs. 967 lacs last year. The company reported a net loss of Rs. 305 lacs for the quarter and Rs. 1,424 lacs for nine months, though losses have narrowed compared to the prior year (Rs. 1,152 lacs and Rs. 2,213 lacs respectively). A revised filing was submitted after an inadvertent error was spotted in consolidated segment-wise asset disclosure (Others segment shown as Rs. (600) lacs instead of the correct Rs. 20,575 lacs), but the company clarified this does not impact total revenue, net profit, EPS, or other key financial parameters. The auditor (Mukesh M. Shah & Co.) issued an unmodified limited review report. Cotton textile operations, closed last year, continue to be shown as discontinued operations.
The significant revenue decline and ongoing net losses highlight continued operational challenges, though the narrowing of losses and auditor's clean review provide some comfort. Investors should note the related party transaction requiring shareholder approval and the one-time corrections made to segment disclosures.