Outcome of Board Meeting 13022026
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
The Board of MFS Intercorp Ltd, at its meeting on 13 February 2026, approved the standalone unaudited financial results for Q3 and nine months ended 31 December 2025. Revenue from operations completely dried up — falling to zero in Q3 FY26 from ₹5.84 lakh a year ago, and to zero for the nine-month period from ₹21.90 lakh earlier. Even small other income of ₹0.18 lakh (9M FY26) could not cover expenses of ₹28.32 lakh, leading to a loss before tax of ₹28.14 lakh versus a small profit of ₹0.15 lakh in 9M FY25. Employee costs rose sharply to ₹20.36 lakh (9M FY26) from ₹6.05 lakh previously, while basic EPS turned negative at ₹(0.65). The statutory auditor issued a clean limited review report with no qualifications or emphasis-of-matter.
Very negative for shareholders — the company has effectively lost its revenue stream and is now burning cash with widening quarterly losses (Q3 loss of ₹9.91 lakh vs ₹6.73 lakh in Q2). Stock may face selling pressure given collapsing top-line and sustained losses, though small company size keeps absolute numbers modest.