Outcome of board meeting dated 11.02.2026 considered, approved and taken on record: 1. The Un-audited Financial Results of the Company for the quarter and Nine months ended December 31, ....
Awaiting price reaction for this filing.
Centerac Technologies Ltd's board approved its unaudited financial results for the quarter and nine months ended December 31, 2025 on February 11, 2026. Revenue from operations for Q3 FY26 stood at Rs 21.44 lakhs, slightly lower than Rs 22.13 lakhs in Q3 FY25. However, for the nine-month period, revenue fell sharply to Rs 33.46 lakhs from Rs 66.43 lakhs in the same period last year, a drop of nearly 50%. The company reported a net loss of Rs 18.21 lakhs for the nine months, compared to a net profit of Rs 26.60 lakhs in the prior year period. Other expenses surged to Rs 33.21 lakhs from Rs 10.98 lakhs, driving the losses. The auditor (Mittal & Associates) issued an unqualified limited review report. A key concern flagged in the notes is that Non-Convertible Debentures that matured on April 6, 2024 have not yet been redeemed, and interest payment to debenture holders is still 'being processed.'
Shareholders should note the swing from profit to loss, the steep revenue decline, and the unresolved NCD redemption from 2024, all of which raise concerns about the company's financial health and could weigh negatively on the stock.