Clarification and Uploading of corporate announcement of Unaudited Financial Results for Q3, 2025-26, earlier uploaded on the date of approval by Board on 5th February 2026. As desired by Exchange
IL&FSENGG · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
IL&FS Engineering and Construction Company has re-submitted its unaudited standalone and consolidated financial results for Q3 and nine months ended December 31, 2025, along with clarifications to the BSE. The company asserts the results were originally filed on time on February 5, 2026, supported by two BSE acknowledgment receipts, and blames a possible exchange platform glitch for the delay appearance. For Q3 FY26, standalone revenue from operations fell to Rs 6,236 lakhs (vs Rs 6,791 lakhs in Q3 FY25), while the company posted a small net profit of Rs 166 lakhs for the quarter. For nine months FY26, revenue dropped sharply to Rs 15,811 lakhs (from Rs 21,932 lakhs) with a net loss of Rs 953 lakhs. The auditor flagged a material going concern uncertainty, noting accumulated losses of Rs 3,60,990 lakhs, fully eroded net worth, and current liabilities exceeding current assets by Rs 3,84,836 lakhs.
Negative for shareholders — the company remains deeply distressed with fully eroded net worth, massive accumulated losses, ongoing SFIO/ED investigations, and survival dependent on the IL&FS group resolution process approved by NCLAT. The re-submission is procedural and does not change the weak fundamentals; investors should expect continued uncertainty around the stock and potential dilution or restructuring outcomes.