The Board of Directors at their meeting held on 03/03/2026 has condiered and approved Unauidted financial results along with Limited Review Report thereon
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The Board approved unaudited financial results for the quarter and nine months ended December 31, 2025, along with a clean (unmodified) limited review report from M/s. Ram Chandak & Associates. Revenue from operations for the quarter shows a negative figure of Rs. (826.57) lakhs, which is highly unusual and likely reflects a reversal or write-back of previously recognized revenue. Other income of Rs. 515.99 lakhs partly offsets this, taking total income to Rs. (310.58) lakhs. The company reported a quarterly loss after tax of Rs. (39.53) lakhs standalone and Rs. (39.66) lakhs consolidated, versus a profit of Rs. 60.75 lakhs / Rs. 60.64 lakhs in the year-ago quarter. For the nine-month period, revenue from operations fell about 31% to Rs. 3,264.35 lakhs (from Rs. 4,727.12 lakhs), and profit after tax collapsed to just Rs. 2.79 lakhs from Rs. 155.41 lakhs. EPS for the quarter is Rs. (0.02). The company operates in a single segment.
Sharp year-on-year revenue decline (~31% for 9M), a quarterly net loss, and a near-flat nine-month profit signal serious operational stress and warrant caution. The unusual negative quarterly revenue figure suggests material adjustments or reversals that shareholders should seek management clarification on before drawing conclusions.