Un-audited Financial results for the quarter /nine Months ended 31st December 2025 and Limited Review reports Thereon
Awaiting price reaction for this filing.
Insilco Ltd, which has been under voluntary liquidation since June 25, 2021 and whose BSE trading has been suspended since October 7, 2022, reported no revenue from operations for the quarter and nine months ended December 31, 2025. The only income was interest income of INR 10 lakhs in Q3 FY26 (down from INR 66 lakhs in Q3 FY25) and INR 28 lakhs for 9M FY26 (vs INR 191 lakhs in 9M FY25, an ~85% decline). The company posted a loss of INR 49 lakhs in Q3 FY26 and INR 235 lakhs for 9M FY26, widening from INR 160 lakhs loss in 9M FY25, with EPS at negative INR 0.37. Total expenses were mainly legal/professional fees (INR 170 lakhs for 9M) and loss allowance. The financial statements have explicitly NOT been prepared on a going-concern basis, as the company's only plant at Gajraula has been shut since October 2019 and a Dissolution Application is pending before NCLT.
This is primarily a procedural filing from a company in its final stages of winding up — shareholders have already received INR 4.58 per share as liquidation proceeds in March 2025, and the share remains suspended from trading. The persistent losses and ongoing legal/liquidation costs mean there is no operating business or recovery story here; the stock is effectively a shell awaiting NCLT dissolution approval.