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Awaiting price reaction for this filing.
Nicco Parks & Resorts has submitted to BSE the newspaper advertisements (published in Business Standard and Ekdin on February 11, 2026) of its unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2025. For Q3 FY26, the company reported total income from operations of Rs. 5,099.77 lakhs on a standalone basis, with EPS of Rs. 0.18. For the nine-month period, the company reported a net loss after tax of Rs. 200.35 lakhs, though total comprehensive income stood at Rs. 2,551.56 lakhs, and 9M EPS was Rs. 0.82. Key disclosures include the West Bengal government's acquisition of 1.46 acres of land used for F&B operations, with Rs. 354.72 lakhs held as liability and Rs. 36.76 lakhs shown as recoverable. The original 33-year lease expired in February 2023 and renewal remains pending, though management continues to prepare results on a going concern basis. The company also recognized Rs. 47.02 lakhs as employee benefit expense on account of the new Labour Codes.
Shareholders should note the swing to a nine-month loss and the ongoing uncertainty around the land lease renewal, which remains a key going-concern risk for the amusement park operator. The government land acquisition and labour code impact are likely to continue weighing on margins in the near term.