Please find attached un-audited financial results and limited review report for the quarter and nine months ended on December 31, 2025.
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Kachchh Minerals reported an unaudited net loss of Rs. 6.05 lakhs for Q3 FY26 (quarter ended December 31, 2025), broadly in line with the Rs. 6.71 lakh loss in Q3 FY25. On a nine-month basis, however, losses ballooned sharply to Rs. 105.96 lakhs in 9M FY26 versus just Rs. 6.68 lakhs in 9M FY25, driven almost entirely by a one-time, unusually high expense pile-up in Q2 FY26 (~Rs. 96.67 lakhs of expenses against minimal income). Revenue from operations for Q3 FY26 stood at Rs. 29.44 lakhs, flat versus the year-ago quarter, indicating no top-line traction. The auditor (Om Prakash S. Chaplot & Co.) issued a clean, unqualified limited review report with no qualifications, emphasis-of-matter, or going-concern flag.
The sharply widening nine-month loss and the disproportionate Q2 expense spike are concerning for shareholders of this small-cap mining company; sustained negative earnings per share (basic EPS of Rs. -2.00 for 9M FY26) point to weak operational performance, though the clean auditor opinion and unchanged auditor provide some comfort.