Outcome of Board Meeting for Unaudited Financial Result for Q E 31.12.2025
Awaiting price reaction for this filing.
AVI Products India Ltd's board, meeting on February 12, 2026, approved unaudited standalone financial results for Q3 and nine months ended December 31, 2025. Revenue collapsed sharply — Q3 total income fell to Rs 39.28 lakh from Rs 124.28 lakh in the same quarter last year (about 68% drop), and nine-month income dropped to Rs 123.10 lakh from Rs 325.79 lakh. The company swung from a small Rs 3.10 lakh profit in 9M FY25 to a Rs 137.66 lakh loss, with Q3 net loss widening to Rs 44.25 lakh (EPS negative Rs 1.34 vs negative Rs 0.09 earlier). The auditor (N K Jalan & Co.) issued an unqualified limited review report with no qualifications. Separately, Company Secretary Shanu Jain resigned citing better opportunities, Shreyana Koyande was appointed as the new CS, statutory auditors were re-appointed for a second five-year term, and the EGM was rescheduled to March 17, 2026.
Shareholders are likely to view this negatively — revenue has more than halved and the company has moved from marginal profit to a sizeable loss, signalling serious business stress. The clean auditor review provides some comfort, but the sharp deterioration in both top line and bottom line is a significant red flag for the stock.