Q3 FY26 results: loss widens, board approves Rs 350 cr NCD raise
KALPATARU · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 3.4 pts less than Nifty Microcap 250 and 2.6 pts less than its Residential Commercial Projects peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Q3 FY26 consolidated loss widened to Rs 67 cr from Rs 23 cr loss YoY. Revenue fell to Rs 505 cr from Rs 588 cr. 9M FY26 loss was Rs 114 cr vs Rs 4 cr profit last year, though 9M revenue rose 7% to Rs 1,742 cr. Board approved Rs 350 cr NCD raise at 6% coupon, 6-year tenure, on private placement. Auditor flagged going concern for 3 subsidiaries with negative net worth; 10 more drew similar attention. Rs 7.7 cr shown as exceptional item from Labour Code changes.
Weak quarterly results with widening losses; Rs 350 cr debt raise may pressure leverage. Going concern flag on subsidiaries is a watch item.