Announced Fri, 6 Feb · 17:30 IST

Submission of Unaudited (standalone) Financial Results of the company for the quarter ended on 31st December 2025 along with limited Review Report theron.

Emphasis Of MatterPat NegativeResults View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Space Incubatrics Technologies Ltd filed its unaudited standalone results for Q3 FY26 (quarter ended 31 Dec 2025), approved by the Board on 6 Feb 2026. Revenue from operations for the quarter stood at Rs 15.02 lakhs, broadly flat against the previous year quarter's Rs 15.02 lakhs (Rs 7.87 lakhs was a reported comparative figure). The company reported a loss after tax of Rs 19.30 lakhs in Q3 FY26, widening from a loss of Rs 8.61 lakhs in Q3 FY25, translating to a loss per share of Rs 0.06 versus Rs 0.02 earlier. On a nine-month basis, the company swung to a profit of Rs 933.22 lakhs in 9M FY26 from a loss of Rs 17.69 lakhs in 9M FY25, with EPS of Rs 2.70 — this jump is disproportionate to the small operating revenue base, suggesting the inclusion of a one-time or non-operating gain. The statutory auditors, VRSK & Associates, issued a limited review report that includes an 'Emphasis of Matter' paragraph; the specific content of this paragraph is not reproduced in the filing cover letter but the auditor confirmed nothing else came to their attention causing them to believe results are misstated.

Likely market impact

The widening quarterly loss on a stagnant revenue base is a red flag for shareholders, indicating the core business is not yet generating sustainable profits. The large 9M profit appears driven by non-operating items rather than day-to-day business, so underlying earnings power remains weak. The auditor's emphasis of matter is a watch-item — investors should seek the full report to understand what was flagged.