Unaudited Financial Results for the quarter and nine months ended 31st December, 2025 alongwith Limited Review Report by the Statutory Auditors.

Nicco Parks reported weak Q3 FY26 results with standalone revenue from operations falling roughly 30% year-on-year to Rs 1,320 lakhs (vs Rs 1,891 lakhs) and 9-month revenue down about 11% to Rs 5,100 lakhs. Standalone 9-month net profit jumped to Rs 2,044 lakhs (vs Rs 1,432 lakhs), but this was almost entirely driven by a one-time exceptional gain of Rs 1,541 lakhs from the buyback of shares in associate company NESL. On a consolidated basis, 9-month profit swung into a loss of Rs 200 lakhs (vs profit of Rs 1,908 lakhs) and consolidated EPS turned negative at Rs 0.43, as the same divestment was treated as a loss at the consolidated level. The core Park Operations segment posted a Rs 119.51 lakh segment loss in Q3, while the F&B segment generated the only segmental profit. Statutory auditor Lodha & Co flagged a material going-concern uncertainty because the original 33-year land lease expired in February 2023 and the renewal application is still pending with the West Bengal Tourism Department. The auditor also drew attention to the State Government acquiring 1.46 acres of land used for F&B operations effective 8 November 2025, with Rs 354.72 lakhs in related proceeds held as a liability pending formalisation.