Outcome of the Board Meeting held on 13 February 2026.
Awaiting price reaction for this filing.
Bijoy Hans Ltd's Board of Directors met on 13 February 2026 and approved three items. First, the unaudited standalone financial results for Q3 FY26 (quarter ended 31 December 2025) and nine months ended 31 December 2025, with a limited review report from Khire Khandekar & Kirloskar, Chartered Accountants. Second, an increase in the remuneration of Managing Director Mr. Kaushal Shah (DIN: 02175130), effective 1 January 2026, within the limits approved by shareholders at the 25 August 2025 AGM. Third, a revision in the remuneration of CFO Mr. Ranganath Abhiram, also effective 1 January 2026. For Q3 FY26, total income stood at Rs 4.79 lacs versus Rs 17.85 lacs in Q3 FY25, and the company reported a loss before tax of Rs 16.31 lacs (against a profit of Rs 53.40 lacs in Q3 FY25, which included a one-time exceptional gain of Rs 56.08 lacs from sale of property). For 9M FY26, total income was Rs 41.79 lacs with a loss before tax of Rs 56.38 lacs. EPS for Q3 FY26 was negative Rs 0.22 versus positive Rs 1.78 in Q3 FY25. Employee and other expenses have roughly doubled quarter-on-quarter, weighing on margins.
For shareholders, the filing shows continued losses on the core business for two consecutive quarters and widening cost base, despite a prior year boost from an exceptional asset sale. The remuneration hikes for the MD and CFO effective January 2026 may draw attention given the weak operating performance and ongoing losses. Investors should wait for the detailed results and compare with prior quarters before drawing conclusions on the stock.