In continuation to our earlier communication dated 02™ February, 2026 and pursuant to Regulation 30, 33 and other applicable regulations read with Schedule Il of SEBI (Listing Obligations ....
Awaiting price reaction for this filing.
Alchemist Corporation's Board approved unaudited standalone and consolidated financial results for Q3 and nine months ended December 31, 2025 on February 6, 2026. Revenue from operations jumped sharply to Rs. 179.55 lakhs in Q3 FY26, compared to just Rs. 2.59 lakhs in Q3 FY25 — a massive year-on-year surge. However, the company remains loss-making, reporting a consolidated net loss of Rs. 81.98 lakhs for the quarter and Rs. 84.03 lakhs for the nine months. Standalone losses stood at Rs. 81.56 lakhs (Q3) and Rs. 93.37 lakhs (9M FY26), with negative EPS of Rs. 1.66 and Rs. 1.90 respectively. The statutory auditor, Krishan Rakesh & Co., issued an unmodified (clean) review report on the consolidated results, but flagged a non-compliance issue in the standalone report — Ind AS 116 (Leases) has not been applied in the standalone financials since April 1, 2019.
The dramatic revenue jump is a positive signal of business revival, but continued losses and the auditor's flag on Ind AS 116 non-compliance in standalone books suggest operational and accounting concerns remain. Shareholders should watch whether the revenue growth translates into profitability and whether the lease accounting issue gets resolved in upcoming filings.