Considered and approved the unaudited standalone financial results of the company for the quarter ended December 31, 2025
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Salem Erode Investments, an NBFC, posted Q3 FY26 revenue from operations of ₹81.89 lakhs, slightly up from ₹81.10 lakhs a year ago but down from ₹88.62 lakhs in the previous quarter. For the nine months ended December 2025, revenue declined to ₹279.39 lakhs from ₹296.51 lakhs in the same period last year. The company continued to report losses, with a Q3 loss after tax of ₹125.77 lakhs and a nine-month loss of ₹344.82 lakhs, though losses narrowed slightly compared to last year (₹351.31 lakhs for 9M FY25). Total expenses for the quarter were ₹210.57 lakhs, with employee costs rising sharply to ₹97.80 lakhs from ₹75.17 lakhs a year ago. The statutory auditor issued an unmodified limited review conclusion with no qualifications.
Persistent losses and revenue softness signal continued stress on the business, though the loss trajectory is slightly improving and finance costs are falling. Shareholders should note the company remains loss-making with negative EPS of ₹1.10 for the quarter and ₹3.01 for nine months, indicating no near-term return to profitability.