Outcome of Board Meeting
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 Directors of Incon Engineers Ltd approved the standalone unaudited financial results for Q3 FY26 and nine months ended December 31, 2025. The company reported a loss before tax of Rs. 13.41 lakhs for Q3 FY26, widening from Rs. 7.00 lakhs in Q3 FY25. For the nine-month period, the loss stood at Rs. 31.66 lakhs, marginally worse than Rs. 31.50 lakhs in the same period last year. Revenue from operations remained essentially flat at around Rs. 20.64 lakhs for the quarter. A major red flag is the deeply negative other equity of Rs. (606.89) lakhs, indicating that accumulated losses have completely eroded shareholder funds. The statutory auditor Brahmayya & Co. issued an unqualified (clean) limited review report with no qualifications, emphasis of matter, or going concern flag.
Persistent quarterly losses combined with negative net worth (other equity of Rs. -606.89 lakhs) signal serious financial weakness and raise sustainability questions, even though the auditor did not flag a going concern issue. Shareholders should view this as a high-risk, loss-making micro-cap with weak fundamentals; expect continued pressure on the stock.