Ishan Dyes and Chemicals Limited has submitted to the Exchange, the financial results for the period ended December 31, 2025.
ISHANCH · price
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Ishan Dyes and Chemicals submitted unaudited standalone results for the quarter and nine months ended December 31, 2025. Net sales fell to Rs. 1,868.65 lakhs in Q3 FY26 from Rs. 2,118.56 lakhs in Q3 FY25 (around 12% decline), while nine-month sales plunged to Rs. 4,171.60 lakhs from Rs. 8,473.85 lakhs (roughly 51% decline). The company swung to a net loss of about Rs. 525.24 lakhs in Q3 and Rs. 857.34 lakhs for the nine months, compared with profits of Rs. 4.90 lakhs and Rs. 224.70 lakhs in the prior-year periods. Total expenses of Rs. 2,357.65 lakhs in Q3 exceeded total income of Rs. 1,956.11 lakhs, indicating an operating loss. EPS stood at Rs. (2.01) for Q3 and Rs. (3.74) for 9M FY26. Separately, the board approved the re-appointment of promoter Piyushbhai Natvarlal Patel as Managing Director for another five years from June 1, 2026 to May 31, 2031, subject to shareholder approval.
Sharply falling revenues and a swing to losses signal serious business headwinds for the company, likely negative for the stock and shareholder sentiment. The re-appointment of the promoter MD offers leadership continuity but does not address the underlying deterioration in operations.