We wish to inform you that the Board of Directors at its meeting held on 28th January, 2026 , which commenced at 2 P.M. and concluded at 2.40 P.M. considered and approved the Un-audited ....
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The Board of Gagan Gases Ltd approved unaudited financial results for Q3 FY26 (quarter ended 31 Dec 2025) and the nine-month period. Q3 revenue from operations stood at Rs 170.95 lakh, down about 8% from Rs 186.27 lakh in Q3 of the previous year, while profit after tax was Rs 8.07 lakh versus Rs 9.03 lakh earlier. For the nine months ended 31 Dec 2025, total revenue was Rs 421.51 lakh (down from Rs 463.25 lakh) and profit after tax collapsed to a wafer-thin Rs 0.62 lakh versus Rs 15.44 lakh in the corresponding period last year. The previous quarter (Q2 FY26) actually showed a small loss of Rs 0.60 lakh. EPS for the nine months fell sharply to Rs 0.01 from Rs 0.34. The statutory auditor (Dilip K Neema & Associates) issued an unqualified limited review report.
Profitability has nearly evaporated despite only a modest revenue decline, signalling serious margin compression that is negative for shareholders; the wafer-thin nine-month profit and restated prior-period figures warrant close scrutiny of cost structure and pricing power.