Outcome of Board Meeting held on Today i.e February 10 2026
Awaiting price reaction for this filing.
The Board approved the unaudited financial results for Q3 FY26 (quarter ended December 31, 2025). Revenue from operations fell sharply to ₹3.83 lakhs in Q3, down from ₹314.06 lakhs in the previous quarter (Q2 FY26) and ₹86.78 lakhs in the same quarter last year. The company slipped into a pre-tax loss of ₹15.67 lakhs and a net loss of ₹11.95 lakhs for the quarter, with negative EPS of ₹0.18. However, the nine-month FY26 picture remains positive with total income of ₹993.74 lakhs (vs ₹533.43 lakhs last year) and a net profit of ₹11.12 lakhs compared to a loss earlier. The statutory auditor flagged the sharp revenue fall as an Emphasis of Matter in the limited review report. The Board also appointed M/s. ALAP & Co. LLP as Secretarial Auditor for FY25-26 and M/s. A S S G & Associates as Internal Auditor for a five-year term (FY25-26 to FY29-30).
The dramatic quarter-on-quarter revenue collapse and return to loss in Q3 is a red flag that may worry short-term investors, even though the year-to-date numbers still look profitable. The auditor's emphasis-of-matter note adds caution, while the auditor appointments are routine governance updates with no direct price impact.