Outcome of Board Meeting dated 11.02.2026
Price
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Awaiting price reaction for this filing.
Risa International Ltd's Board of Directors, at their meeting on February 11, 2026, approved the unaudited financial results for the quarter and nine months ended December 31, 2025. The company reported zero revenue from operations during Q3 FY26 and the 9M FY26 period, with a net loss of Rs. 72.99 lakhs for the quarter and Rs. 98.13 lakhs for the nine months, compared to losses of Rs. 9.27 lakhs and Rs. 31.39 lakhs respectively in the previous year. Employee benefits and finance costs were the main expense heads, with finance costs rising sharply to Rs. 21.64 lakhs in Q3. Total capital employed remains deeply negative at Rs. (462.78) lakhs. The statutory auditor (Motilal & Associates LLP) conducted a limited review and reported no qualifications.
Negative for shareholders — the company continues to post losses with no operating revenue, signalling persistent operational weakness and a deteriorating capital base. The lack of any business income and growing losses may raise concerns about the company's going-concern status and future share price stability.