Outcome of Board Meeting held on Saturday, February 14, 2026 for the consideration and approval of Unaudited Financial statement of the company for the quarter ended December 31, 2025.
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Candour Techtex's board approved its Q3 FY26 standalone unaudited results, with revenue from operations falling sharply to Rs 664.01 lakhs from Rs 4,642.82 lakhs in the year-ago quarter, an ~86% YoY drop. For the first nine months of FY26, revenue stood at Rs 5,060.32 lakhs versus Rs 13,427.86 lakhs a year earlier, a ~62% decline. The company swung into a Q3 loss of Rs 63.12 lakhs (PAT) against a profit of Rs 28.08 lakhs in Q3 FY25, while the nine-month loss widened to Rs 263.58 lakhs versus a profit of Rs 141.46 lakhs earlier. The Trading Division, which drove last year's revenue, collapsed sharply, while the Technical Textile Division continued to post heavy segment losses. The auditor (Ambavat Jain & Associates LLP) issued a clean limited review report with no qualifications.
Sharply lower revenue and a swing to losses suggest weakening demand or business contraction, which is negative for near-term sentiment. Shareholders should watch for management commentary on the Trading Division's slowdown and any turnaround plan for the loss-making Technical Textile segment.