Considered, approved and taken on record, the Unaudited Standalone and Consolidated Financial Results for the quarter and nine months ended on 31st December, 2025, in the specified format ....
Awaiting price reaction for this filing.
ARSS Infrastructure Projects submitted Q3 FY26 and 9M FY26 results, heavily impacted by the implementation of its approved Resolution Plan under the IBC. NCLT approved Ocean Capital Market Limited's (OCML) resolution plan on August 29, 2025, leading to settlement of admitted financial debt of INR 4,893.14 crores against cash payment of INR 217.69 crores and issuance of 7.5 crore equity shares. Revenue from operations for Q3 stood at INR 3,825.10 lakhs (up ~96% YoY), but 9M revenue fell ~51% YoY to INR 6,834.29 lakhs. The company reported a standalone net loss of INR 3,34,328.78 lakhs for 9M FY26, driven by exceptional items of INR 3,223.19 crores (interest expense to financial creditors and previously unrecorded liabilities). Erstwhile promoter equity shares were extinguished, a new board was constituted, and operational creditors were settled at INR 0.47 crores.
Massive equity dilution and a one-time accounting hit make these headline numbers not reflective of ongoing operations; the core Q3 result was a modest loss of INR 6.28 lakhs (standalone). For shareholders, this represents a balance-sheet reset post-CIRP with new management and a freshly restructured capital base, making near-term stock movement highly volatile and dependent on execution of the new resolution plan.