Un-audited Financial Results for the Quarter and nine months ended 31.12.2025
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Kovalam Investment & Trading Company, a Ludhiana-based NBFC, reported un-audited results for Q3 FY26 and the nine months ended December 31, 2025, approved by the Board on February 12, 2026. The company continued to report losses, with profit after tax remaining negative for both the quarter and the nine-month period, and the nine-month loss appears wider than the previous year. Total income from operations was modest at around Rs. 6–7 lakhs for Q3, reflecting the small scale of the company's investment and trading activities. Note 7 discloses a notable related-party transaction: investments originally purchased for Rs. 45 lakhs were sold to a related party at current valuation for only Rs. 21.92 lakhs, resulting in a significant realized loss. The statutory auditors, M/s YAPL & Co., issued a clean limited review report with no qualifications.
Persistent and possibly widening losses, combined with a related-party sale of investments at less than half the original cost, are negative signals for shareholders. The stock is thinly traded and small-cap; the financial weakness and related-party dealings may weigh on investor confidence.