Outcome of the Board meeting
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 5.8 pts more than Nifty Microcap 250 and 6.4 pts more than its Tyres & Rubber Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
The board approved standalone unaudited financial results for Q3 FY26 and the nine months ended 31 December 2025. Revenue from operations stood at ₹1,058.70 lakhs, marginally up from ₹1,044.99 lakhs in the same quarter last year and ₹1,030.12 lakhs in the preceding quarter. The company continued to report a net loss of ₹(67.67) lakhs for the quarter, narrower than the ₹(138.60) lakh loss in Q3 FY25 but wider than the ₹(40.62) lakh loss in Q2 FY26. Nine-month loss came in at ₹(157.53) lakhs versus a full-year FY25 loss of ₹(368.35) lakhs. The statutory auditors (Narayan Bhat & Co.) issued an unmodified limited review report with no qualifications or emphasis of matter.
Persistent losses remain a concern for shareholders, though the improving YoY trend and a likely smaller full-year loss versus FY25 offer some comfort. The stock may remain under pressure given the lack of profitability, but the narrowing of losses could limit further downside.