considered and approved the unaudited financial results of the Company for the quarter and nine months ended on 31.12.2025 at the board meeting held on 05.02.2026 and other business agendas ....
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The Board on February 5, 2026 approved the unaudited standalone financial results for Q3 (quarter ended Dec 31, 2025) and nine months FY26. The company swung to a quarterly loss of ₹14.04 lakhs versus a profit of ₹10.37 lakhs in the same quarter last year. For the nine-month period, profit fell sharply to ₹8.42 lakhs from ₹23.62 lakhs a year earlier, and total income dropped to ₹58.48 lakhs from ₹72.84 lakhs. The Board also noted the resignation of P.P. Patel & Brothers as Internal Auditors (citing pre-occupation) and appointed M/s. Trivedi Parikh and Shah, Ahmedabad as the new Internal Auditors for FY 2025-26. The statutory auditor (Asim Ravindra & Associates) issued an unmodified limited review report.
Weak quarterly print with a swing to loss and a steep YoY drop in nine-month profits signals deteriorating earnings quality, while the mid-year change of internal auditors is a routine governance item requiring shareholder attention.