Board of Directors of the Company at its meeting held today i.e., Thursday, February 12, 2026, has inter-alia, considered and approved the Un-audited Financial Results along with Limited ....
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Balurghat Technologies' Board, meeting on February 12, 2026, approved the unaudited financial results for Q3 FY26 (quarter ended December 31, 2025) along with a limited review report from auditor Sambhu N. De & Co. For the nine months ended December 2025, revenue from operations rose about 45% year-on-year to Rs 8,827 lakh, but the company swung to a net loss of Rs 406 lakh versus a profit of Rs 151 lakh in the same period last year. The Q3 quarter was sharply weak on its own, with operating revenue collapsing to just Rs 27.66 lakh from Rs 3,267.76 lakh in the preceding quarter, producing a standalone loss of Rs 311 lakh and a negative EPS of Rs 1.78. The auditor issued a clean (unqualified) limited review report with no qualifications or emphasis of matter. The filing also highlights pending litigation, most notably a Rs 57.83 crore corporate guarantee claim from IDBI Bank, alongside smaller disputes with Usha Martin (Rs 1.05 crore) and Rawal Investments (Rs 40 lakh).
Despite top-line growth for the nine-month period, the swing into a sizeable loss and the dramatic Q3 revenue collapse are red flags for shareholders; the Rs 57.83 crore IDBI Bank guarantee claim is a large contingent liability that could weigh on the stock if it materialises.