Pursuant to Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are pleased to inform you that the Meeting of Board of Directors of the Company ....
Awaiting price reaction for this filing.
ND Metal Industries Ltd (manufacturer of non-ferrous metals) announced its Q3 FY26 results, approved at a board meeting held on February 14, 2026. Revenue from operations for the quarter stood at ₹0.00 lakh, with the entire quarterly income of ₹25.65 lakhs coming from 'Other Income'. For the nine months ended December 2025, total income was ₹70.39 lakhs versus ₹68.61 lakhs in the same period last year, but operating expenses (employee costs ₹45.37 lakh, depreciation ₹14.29 lakh, other expenses ₹52.19 lakh) clearly exceed total income, pointing to a loss for the period. The auditor Suvarna & Katdare, Chartered Accountants issued an unqualified limited review report stating nothing came to their attention suggesting material misstatement. The company shows essentially no active business operations, relying entirely on other income to report any top-line.
For shareholders, this filing is a red flag – the company has effectively zero operating revenue and is incurring losses, suggesting the core non-ferrous metals business is dormant. The stock may see negative sentiment, and investors should treat this as a high-risk, thinly-traded micro-cap with limited business activity.