Announced Tue, 10 Feb · 12:56 IST

Unaudited Financial Results for the quarter and nine months ended on 31st December, 2025

Pat NegativeResults View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Madhusudan Industries Ltd slipped into a loss of ₹81.92 lakhs in Q3 FY26 (vs. loss of ₹68.31 lakhs in Q2 FY26) as fair value losses on investments of ₹107.52 lakhs more than wiped out its operating revenue of just ₹33.64 lakhs. For the nine months ended 31 December 2025, the company reported a profit after tax of ₹76.57 lakhs on total income of ₹184.93 lakhs, sharply lower than ₹218.30 lakhs PAT on ₹365.91 lakhs total income in the same period last year. The company's core activity remains leasing of its own property, and the statutory auditors issued an unmodified limited review opinion.

Likely market impact

With operating revenue barely above ₹33 lakhs a quarter, results are dominated by mark-to-market swings on the investment book rather than any real business momentum, making earnings unpredictable for shareholders. The latest quarter loss reinforces that this is effectively a holding/leasing shell, so investors should price the stock mainly on its investment portfolio and may want to wait for more clarity on the future business plan.