Pursuant to Reg 33(3) of SEBI LODR Regulations 2015, the un-audited financial results of the Company for the quarter ended 31.12.2025, was approved by the Board of Directors at their meeting ....
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Ind Bank Housing Ltd, a subsidiary of Indian Bank, submitted its Q3 FY26 (quarter ended 31 Dec 2025) un-audited results, approved by the Board on 13 Jan 2026. The company continues to earn zero revenue from operations across all periods, with only other income of ₹17.46 lakhs in Q3 (up from ₹5.87L in Q2 FY26). It posted a small profit of ₹6.33 lakhs for the quarter against a loss of ₹2.49L in Q2 FY26, while the half-year loss narrowed to ₹7.07L from ₹25.41L a year ago. Importantly, the auditor's review report confirms that the RBI cancelled the company's housing finance registration in September 2023, and the Board has already in-principle consented to wind up the company. Reserves remain deeply negative at ₹(13,056.72) lakhs.
For shareholders, this is effectively a dormant/wind-down entity with no operating business, no revenue, and large negative reserves. The stock is unlikely to see value recovery absent a concrete wind-up plan and distribution timeline; investors should treat this as a high-risk, thinly-traded situation.