Financial Results for the quarter ended on December 31, 2025
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Monind Ltd reported zero revenue from operations for the third quarter ended December 31, 2025, the same as in the previous quarter and the year-ago quarter. The company posted a net loss of Rs. 68.41 lakhs in Q3 FY26, slightly wider than the Rs. 61.80 lakhs loss in Q3 FY25. For the nine months of FY26, the loss stood at Rs. 210.59 lakhs versus Rs. 188.21 lakhs in the prior-year period, with finance costs of Rs. 188.25 lakhs being the major expense. The statutory auditor, OP Bagla & Co LLP, flagged an Emphasis of Matter in its limited review report, noting that the company has accumulated losses eroding its net worth and has incurred net cash losses, which may cast doubt on its ability to continue as a going concern. Management, however, still prepared the results on a going-concern basis.
Investors should treat this as a high-risk filing: the company has no operating revenue, is loss-making, and the auditor has formally raised a going-concern doubt, which is a serious red flag for shareholders and could weigh heavily on the stock.