To Approve Un-Audited Standalone and Consolidated Financial Results for the quarter and nine months ended on 31.12.2025
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Pacific Industries Ltd's board, in a meeting on 6 February 2026 (5:00 PM to 5:30 PM), approved unaudited standalone and consolidated financial results for the quarter and nine months ended 31 December 2025. Auditor Ravi Sharma & Co issued a clean limited review report with no qualifications or modifications on both standalone and consolidated results. Key disclosure notes include: a pending income tax appeal at ITAT/CIT (Appeals) following a Feb 2023 search operation, recognition and utilization of Rs. 90.46 lacs of MAT credit this year, and some misplaced physical share certificates transferred to IEPF that the company is trying to reclaim. The company has three wholly owned subsidiaries (Gist Minerals Technologies Ltd, Gaze Fashiontrade Ltd, and US-based Taanj Quartz INC) consolidated in the results.
Routine quarterly results filing with a clean auditor review provides comfort, but the ongoing income tax litigation remains a key risk to monitor. Investors should watch for the actual revenue and profit numbers when detailed results are published, as these were not visible in the filing excerpt.