Attached is Unaudited Financial Results for the quarter and nine months ended on 31st December, 2025
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National General Industries Ltd reported a net profit of Rs. 14.85 lakhs in Q3 FY26 (Oct-Dec 2025), recovering from a Q2 FY26 loss of Rs. 20.86 lakhs, but on a weaker topline of Rs. 332.37 lakhs. For the nine months ended December 2025, the company swung to a net loss of Rs. 31.25 lakhs versus a profit of Rs. 63.02 lakhs in the same period last year. Revenue for 9M FY26 fell to Rs. 783.44 lakhs from Rs. 869.09 lakhs, a decline of nearly 10% year-on-year, driven mainly by weakness in the Steel segment which reported a loss before tax of Rs. 48.26 lakhs versus a profit of Rs. 52.45 lakhs a year ago. The Limited Review Report from R.K. Govil & Co. is clean with no qualifications. The Board also approved the forfeiture of 10.47 lakh partly paid-up equity shares for unpaid allotment money and a registered office shift within New Delhi.
Shareholders should note a clear deterioration in the Steel segment, with the company slipping into a nine-month loss and revenue shrinking about 10% year-on-year, though the Q3 standalone result showed some recovery. The share forfeiture cleans up the capital structure but is a routine housekeeping action with no fresh cash impact.