Pursuant to Regulation 30 and other applicable Regulations of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and with reference to captioned subject, we wish to ....
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Clenon Enterprises Ltd's board, meeting on February 14, 2026, approved the standalone unaudited financial results for Q3 FY25-26 (quarter ended December 31, 2025). Revenue from operations for the quarter stood at INR 185.19 lakhs, a sharp jump from INR 2.30 lakhs in the year-ago quarter, but total expenses of INR 244.36 lakhs pushed the company to a net loss of INR 59.17 lakhs (EPS of negative INR 0.24). For the nine months ended December 2025, revenue was INR 324.75 lakhs with a cumulative loss of INR 179.45 lakhs, compared to a small profit of INR 15.96 lakhs in the same period last year. During the quarter, the company also issued 23.25 lakh equity shares at INR 10 each to strategic investors under an NCLT order, raising the paid-up share capital from INR 861.53 lakhs to INR 1,094.03 lakhs. Statutory auditors TRM & Associates issued an unmodified limited review report on the results.
Despite a sharp revenue jump in Q3, the company continues to post losses with expenses far outpacing income, signalling ongoing operational weakness for shareholders. The preferential equity allotment has diluted existing shareholders and increased the share count, which weighs further on per-share metrics.