This is to inform you that the Board of Directors of Saffron Industries Limited ('the Company') at its meeting held on 11th February, 2026 has inter-alia considered, discussed and approved ....
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Saffron Industries' board approved its Q3 FY26 (Oct-Dec 2025) and 9M FY26 unaudited results on 11 February 2026, with a clean (unmodified) limited review report from Jagdish Khatri & Associates. Standalone revenue from operations surged to Rs 152.45 lakhs in Q3 (up from Rs 81.03 lakhs in Q2 FY26) and Rs 543.03 lakhs for 9M FY26 versus Rs 293.86 lakhs a year earlier, an ~85% jump driven almost entirely by the Construction & Real Estate Development segment. Profit after tax for the quarter stood at Rs 83.63 lakhs (vs Rs 23.75 lakhs in Q3 FY25), and 9M FY26 swung to a Rs 98.43 lakhs profit from a Rs 10.45 lakhs loss in the prior-year period. However, the balance sheet remains heavily stressed with Other Equity at negative Rs 1,596.82 lakhs and total net worth at negative Rs 878.30 lakhs, meaning accumulated losses still exceed share capital.
Strong top-line and PAT growth, especially in the real estate segment, is a positive operational signal, but persistent negative net worth raises a serious going-concern flag for retail shareholders to watch closely. Near-term stock reaction may be mixed as markets weigh turnaround progress against balance-sheet weakness.