Outcome of Board Meeting held on 12th February,2026
DELTAMAGNT · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
The Board of Delta Manufacturing Limited, at its meeting held on 12 February 2026, approved the unaudited standalone and consolidated financial results for Q3 FY26 and nine months ended 31 December 2025. Standalone revenue from continuing (Textile) operations grew marginally to ₹1,553.23 lakhs from ₹1,499.72 lakhs YoY, but the company slipped into a loss of ₹52.12 lakhs at the PAT level in Q3 versus a profit of ₹91.21 lakhs a year ago. On a consolidated basis, Q3 net loss stood at ₹519.72 lakhs and nine-month loss at ₹978.91 lakhs, weighed down by discontinued Hard Ferrite and Soft Ferrite businesses. The Board also approved convening an EGM on 25 March 2026 via video conferencing to seek shareholder approval for material related party transactions. The hard ferrite division's closure has been fully completed.
The Textile segment continues to generate revenue but margins are thin, while discontinued ferrite businesses are still dragging the company into heavy losses, making this a weak quarter for shareholders. The EGM call for related party transactions could be an important governance event for investors to watch closely.