OUTCOME UNDER REGULATION 30 & REGULATION 33 OF SEBI (LISTING OBLIGATIONS AND DISCLOSURES REQUIREMENTS) REGULATIONS 2015 ('LODR') FOR THE MEETING OF THE BOARD OF DIRECTORS OF THE COMPANY ....
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The Board of Directors of Regal Entertainment & Consultants Ltd met on 27th January 2026 and approved unaudited standalone financial results for Q3 FY26 and 9M FY26 ended 31st December 2025. Revenue from operations for Q3 stood at Rs. 18.95 lakhs, down sharply from Rs. 44.53 lakhs in Q3 FY25, while 9M FY26 revenue rose modestly to Rs. 52.56 lakhs from Rs. 48.86 lakhs. The company slipped into a loss of Rs. 2.49 lakhs in Q3 FY26 and Rs. 16.15 lakhs for 9M FY26, compared to profits of Rs. 30.05 lakhs and Rs. 31.82 lakhs respectively in the prior year periods. Other expenses surged dramatically to Rs. 86.60 lakhs in 9M FY26 from just Rs. 4.90 lakhs in 9M FY25, driving the loss. The statutory auditor issued a limited review with an emphasis of matter, flagging inability to verify investments of Rs. 18.73 lakhs in shares and securities due to non-availability of demat statements. The Board also extended the term of M/s Nitin Bhatia & Associates as Internal Auditor for FY 2026-27 and appointed Ms. Palak Desai as Scrutinizer.
The sharp swing into losses, steep revenue decline in Q3, and unexplained spike in other expenses raise red flags for shareholders. The auditor's emphasis of matter on unverifiable investments further weakens confidence in financial reporting transparency, which could weigh negatively on the stock.