This is to inform you that the Board of Directors of the Company at their meeting held on Friday, February 13, 2026, which commenced at 4:30 PM and concluded at 4:40 PM, has inter-alia ....
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The Board of Nagpur Power & Industries Ltd, at its meeting on February 13, 2026, approved the unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2025, along with the limited review report. On a standalone basis, the company reported zero revenue from operations (the parent-level business is inactive) and a marginal loss after tax of Rs. 1.35 lakhs for Q3FY26, compared to a Rs. 221.97 lakh loss in Q3FY25. On a consolidated basis (including subsidiary Motwane Manufacturing Co.), revenue from operations stood at Rs. 2,062.97 lakhs for Q3FY26, up roughly 43% year-on-year from Rs. 1,445.79 lakhs. Consolidated profit after tax for the quarter swung to Rs. 45.63 lakhs from a loss of Rs. 261.53 lakhs in Q3FY25. For the nine-month period, consolidated revenue grew about 15% to Rs. 5,165.16 lakhs, but the company still reported a small loss after tax of Rs. 14.56 lakhs versus a profit of Rs. 81.32 lakhs a year ago. The Electrical Division drove the turnaround, while the Electro Mechanical Division reported a Rs. 89.94 lakh loss in the quarter. The auditor (Parekh Sharma & Associates) issued an unmodified limited review report.
The consolidated results show a clear sequential recovery and a swing back to profitability at the quarterly level, supported by strong top-line growth, which may be viewed positively by the market. However, negative year-to-date profits at both standalone and consolidated levels, continued losses in the Electro Mechanical segment, and the parent company generating no operating revenue suggest the underlying earnings recovery is still fragile.