Outcome of Board Meeting of the company held on 13th February, 2026.
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The Board of Palco Metals Ltd, at its meeting on 13th February 2026, approved standalone and consolidated unaudited financial results for the quarter and nine months ended 31st December 2025. On a standalone basis, the company posted a loss after tax of Rs 8.63 lakhs in Q3 FY26 and Rs 30.01 lakhs for 9M FY26, extending its loss-making streak. Consolidated results were positive, with a Q3 FY26 profit after tax of Rs 274.92 lakhs and 9M FY26 PAT of Rs 334.77 lakhs, largely supported by subsidiary Palco Recycle Industries Limited. However, the 9M FY26 consolidated PAT of Rs 334.77 lakhs represents a steep decline of roughly 49% compared to Rs 661.63 lakhs in 9M FY25. Statutory auditors KPSJ & Associates LLP issued an unmodified limited review report on both sets of results, and the trading window for insiders remains closed till 17th February 2026.
Persistent standalone losses combined with a near-halving of consolidated nine-month profits are negative signals for shareholders, though the consolidated business remains profitable thanks to the subsidiary.