Unaudited Financial results
Awaiting price reaction for this filing.
Insilco Limited, which is under voluntary liquidation since June 25, 2021, reported unaudited financial results for Q3 FY26 (Oct-Dec 2025) and the nine-month period. The company has zero revenue from operations as its Gajraula plant has been shut since October 2019 due to pollution control issues. Total income for Q3 was just INR 10 lakhs (all from interest/other income), down from INR 66 lakhs in the same quarter last year. The company posted a loss of INR 49 lakhs in Q3 FY26 and INR 235 lakhs for the nine-month period, with expenses largely comprising legal/professional fees (INR 37 lakhs in Q3) related to liquidation and ex-employee litigation. The financial statements have not been prepared on a going concern basis given the liquidation status. The liquidation dissolution application is pending before NCLT Allahabad, with the next hearing on February 12, 2026.
This filing is largely procedural as the company is in liquidation with shares already suspended from trading on BSE since October 2022. Liquidation proceeds of INR 4.58 per share were distributed to shareholders in March 2025. Final closure awaits NCLT approval of the dissolution application, with the matter pending. There is no meaningful operating business or future earnings prospect for shareholders.