Intimation about approved Unaudited Financial Results for the quarter ended on 31st December, 2025
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SVC Industries Limited reported a net loss of Rs. 55.34 lakh for Q3 FY26 (quarter ended Dec 2025), slightly narrower than the Rs. 64.95 lakh loss in Q3 FY25. For the nine months ended Dec 2025, the loss widened sharply to Rs. 179.56 lakh from Rs. 63.80 lakh a year earlier. Total income for 9M FY26 nearly doubled to Rs. 486.47 lakh, driven mainly by agri product sales, while lease rent income remained modest at Rs. 61.89 lakh. The auditor (B.M. Chaturvedi & Co.) issued a standard limited review report with no qualifications visible. A major red flag is the unresolved debt situation: the company has unpaid dues of Rs. 2,299 lakh to PICUP (U.P. state financial corporation) under a One Time Settlement, with the deadline already missed (originally June 2025) and further extensions being requested. The company is also in negotiations with debenture holders and has made no provision for additional interest/penalties that may be payable.
Persistent and widening losses combined with large unpaid debt obligations to PICUP and debenture holders signal serious financial stress and potential going-concern issues. Shareholders should note the company is loss-making, reliant on restructuring of old dues, and unable to make timely debt payments, which poses significant risk to equity value.