Outcome of Board Meeting
Price
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Awaiting price reaction for this filing.
The Board of Ironwood Education Ltd met on February 13, 2026 and approved the unaudited financial results for Q3FY26 and nine months ended December 31, 2025, along with the Limited Review Report from statutory auditors A.T. Jain & Co. On a standalone basis, the company reported revenue of Rs 52.72 lakhs for Q3FY26 with a loss of Rs 19.61 lakhs, and a nine-month revenue of Rs 125.47 lakhs against a loss of Rs 67.14 lakhs. However, on a consolidated basis, revenue jumped sharply to Rs 2,964.01 lakhs in Q3FY26 with a profit after tax of Rs 523.62 lakhs, driven by its subsidiaries EMDI (Overseas) FZ LLC and Trio Infrastructure Pvt Ltd (real estate). The Board also approved regularising the appointment of Mr. Rohit Lal as Non-Executive Independent Director and Ms. Vedika Akhilesh Chaubey as Non-Executive Director, subject to shareholder approval via postal ballot. The EMDI overseas subsidiary is being consolidated on a going concern basis with management expecting positive trends.
Consolidated results show a dramatic turnaround and very strong growth, largely driven by the newly active real estate subsidiary, which could support a positive stock reaction. However, standalone operations remain loss-making, and the going-concern note on the overseas subsidiary remains a watchpoint. Director regularisations are procedural and unlikely to move the stock materially.