Approval of Unaudited Financial Statements for the Quarter and Nine Months ended December 31, 2025
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The Board approved unaudited financial results for Q3 FY26 (quarter ended Dec 31, 2025) and the nine-month period. Total income from operations for Q3 FY26 stood at ₹98.25 lakhs, sharply lower than ₹2,227.19 lakhs in Q3 FY25. The company slipped into a loss in Q3 with a loss after tax of ₹75.74 lakhs versus a profit of ₹115.20 lakhs in the year-ago quarter. For the nine months ended Dec 31, 2025, total income fell to ₹12,719.76 lakhs from ₹16,680.86 lakhs in the same period last year (a decline of about 24%), while profit after tax dropped from ₹382.46 lakhs to ₹140.62 lakhs. The statutory auditor (Aayush Bohra A & Co.) issued a clean limited review report with no qualifications. The company operates in a single segment — trading in coal.
Weak quarter and a sharp decline in both revenue and profit compared to last year are negative signals for shareholders. The swing to a quarterly loss and shrinking nine-month profits suggest earnings pressure, though the clean auditor review provides some comfort on reporting quality.