integrated filling for Unaudited Standalone Financial Results for the quarter and period ended on December, 31 2025.
Awaiting price reaction for this filing.
Grand Foundry Limited reported its Q3 FY26 standalone results on February 13, 2026, showing continued weak operations. Total income for the quarter was just Rs 2.05 lakhs, down from Rs 6.42 lakhs in the previous quarter, while nine-month revenue collapsed to Rs 9.47 lakhs from Rs 174 lakhs in the same period last year — a steep ~95% decline. The company posted a net loss of Rs 23.62 lakhs in Q3 and Rs 70.60 lakhs for the nine months, widening from Rs 52.28 lakhs a year earlier. EPS for the nine months stood at negative Rs 0.23. The filing also notes a change of control, with new promoters Mr. Rakesh Kumar Bansal and Mr. Gaurav Goyal acquiring a majority stake via share purchase agreement and open offer completed on December 31, 2025. The auditor issued an unmodified limited review but highlighted this acquisition under an Emphasis of Matter note and flagged that trading is temporarily restricted under GSM Stage 3 on both NSE and BSE.
Negative for shareholders — collapsing revenue, widening losses, a change of control, and active GSM Stage 3 trading restrictions together signal serious operational and compliance concerns. Investors should expect continued stock-price volatility and monitor how the new promoters turn around the business.