Outcome of Board meeting held on 13.02.2026.
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The Board of Indian Acrylics Ltd, at its meeting on 13 Feb 2026, approved the standalone and consolidated unaudited financial results for the quarter and nine months ended 31 Dec 2025. Standalone revenue from operations fell to Rs 9,078.61 lakhs in Q3 FY26 from Rs 9,757.65 lakhs a year ago, while 9M revenue declined to Rs 28,127.37 lakhs from Rs 31,114.26 lakhs. The company reported a pre-tax loss of Rs (220.02) lakhs for the quarter and Rs (1,266.67) lakhs for 9M FY26, compared with losses of Rs (491.13) lakhs and Rs (2,517.30) lakhs respectively last year, showing a narrowing of losses. Finance costs were lower at Rs 1,282.33 lakhs for 9M FY26 (vs Rs 1,539.80 lakhs). Reserves remain deeply negative at Rs (12,522.12) lakhs as of March 2025. Statutory auditor AKR & Associates issued an unmodified limited review report.
Narrowing of losses and lower finance costs are mildly positive, but persistent revenue contraction and deeply negative reserves signal continued financial stress. Near-term stock sentiment is likely neutral-to-negative, with focus on whether the company can return to profit and address its eroded net worth.