PFA
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
The Board approved unaudited standalone financial results for Q3 FY26 (Dec 2025). Revenue from operations came in at Rs. 65.51 lakhs, up from Rs. 54.50 lakhs in the year-ago quarter. For the nine-month period (Apr-Dec 2025), revenue rose about 22% to Rs. 490.63 lakhs versus Rs. 401.68 lakhs last year, but total expenses nearly doubled to Rs. 544.83 lakhs (from Rs. 274.54 lakhs), dragging the company into a loss of Rs. 53.83 lakhs compared with a profit of Rs. 161.58 lakhs in 9M FY25. EPS for 9M FY26 was Rs. (0.03). On the same day, Mr. Chandrakant Parmar resigned as Whole-time Director and CFO citing other work, and was replaced by Mr. Manish Prajapat, whose disclosed profile shows he is 22 years old with about 2 years of experience in accounts and finance.
Mixed picture for shareholders – top-line growth is healthy at ~22% YoY, but a sharp jump in costs has pushed the company into a nine-month loss after a profit last year, which is a red flag on margins and cost control. The same-day exit and replacement of the CFO by a 22-year-old with limited experience is a governance watch-point that investors should monitor closely.