Outcome of BM held on 13th February, 2026
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Awaiting price reaction for this filing.
The board approved the unaudited standalone financial results for the quarter ended 31 December 2025 (Q3 FY26) and the nine-month period (9M FY26). Revenue from operations for Q3 FY26 was nil, compared to Rs 616.42 lakhs in the previous quarter and Rs 27,602.66 lakhs in Q3 FY25. For 9M FY26, revenue dropped sharply to Rs 2,610.79 lakhs from Rs 54,642.86 lakhs in 9M FY25 — a steep ~95% decline. The company posted a loss of Rs 38.47 lakhs in Q3 FY26 versus a profit of Rs 16.85 lakhs in the preceding quarter. For 9M FY26, profit stood at Rs 121.26 lakhs (down from Rs 1,404.03 lakhs). Only the Agricultural Products segment generated revenue during 9M FY26; Gold, Textile and Construction Material segments reported zero revenue. The statutory auditor (R. B. Gohil & Co.) issued an unqualified review report.
Sharp revenue collapse and a quarterly loss signal serious operational stress for shareholders. With most business segments showing no revenue, near-term outlook looks weak and the stock may see negative sentiment unless business activity picks up.