Unaudited financial results for the Quarter and nine months ended 31st December 2025
Awaiting price reaction for this filing.
India Radiators reported another quarter of weak performance with total income of Rs. 1.64 lakhs in Q3 FY26, almost flat versus Rs. 1.62 lakhs in Q3 FY25. The company posted a net loss of Rs. 19.35 lakhs for the quarter, slightly wider than the Rs. 15.21 lakh loss in the year-ago quarter. For the nine months ended December 2025, revenue from operations fell to Rs. 4.93 lakhs from Rs. 6.32 lakhs a year earlier, a decline of about 22%. Total expenses surged to Rs. 144.55 lakhs from Rs. 111.46 lakhs, driven largely by higher other expenses (Rs. 80.63 lakhs vs Rs. 31.56 lakhs). The nine-month net loss widened sharply to Rs. 123.63 lakhs from Rs. 84.92 lakhs, translating to a basic EPS of negative Rs. 13.74. The statutory auditor issued an unqualified limited review report with no qualifications or emphasis of matter.
Shareholders should note that the company continues to operate at a loss with widening bottom-line deficit and shrinking operating revenue, indicating ongoing financial stress. The negative EPS of Rs. 13.74 for nine months signals weak shareholder value creation in the near term.