The Unaudited financial results along with the limited review report for the quarter ended 315t December 2025.
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National Oxygen Limited's board approved unaudited financial results for the quarter ended December 31, 2025. Revenue from operations fell sharply to Rs 632.99 lakhs in Q3 FY26 from Rs 1,899.53 lakhs in Q3 FY25, a drop of roughly 67% year-on-year. Nine-month revenue declined about 21% to Rs 3,197.14 lakhs versus Rs 4,058.18 lakhs in the prior period. The company continued to report losses, though it booked an exceptional profit of Rs 812.26 lakhs in Q1 FY26 from the sale of its 5.80-acre Mathur commercial land for Rs 8.30 crores, proceeds of which were used to repay term loans. The company also shut its Perundurai plant from May 13, 2025 citing severe competition and rising costs. Auditor PSDY & Associates issued a clean limited review report with no qualifications.
Sharply falling revenue and continued losses are negative for shareholders, but debt reduction from the land sale and plant shutdown signal management's attempt to cut costs. Investors should watch for whether the restructuring translates into a return to profitability in coming quarters.