Announced Thu, 5 Feb · 12:44 IST

considered and approved the unaudited financial results of the Company for the quarter and nine months ended on 31.12.2025 taken on record along with other business agendas at the Board ....

Auditor Resigned MidtermManagement Changes View source PDF

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AI summary

The board approved unaudited financial results for Q3 and 9 months ended December 31, 2025. The company swung to a loss of Rs. 14.04 lakhs in Q3 FY26 from a profit of Rs. 15.44 lakhs in the previous quarter, mainly due to lower dividend income. For the 9-month period, profit stood at Rs. 8.42 lakhs, down sharply from Rs. 23.62 lakhs in the same period last year. Total income for Q3 was Rs. 4.52 lakhs versus Rs. 31.73 lakhs in Q2 FY26. The board also noted the resignation of internal auditor M/s. P. P. Patel & Brothers (effective February 4, 2026) due to pre-occupation and appointed M/s. Trivedi Parikh and Shah, Ahmedabad, as the new internal auditor for FY 2025-26.

Likely market impact

Weak Q3 performance with a loss and a steep decline in 9-month profits may concern shareholders, though the company's overall scale is very small. The internal auditor change appears routine (pre-occupation), not governance-related, and a replacement was appointed the same day.