Unaudited Financial Results for the quarter ended 31st December 2025 and taken a note of Limited Liability Report submitted by the Auditor.
Awaiting price reaction for this filing.
AJEL Limited reported its Q3 FY26 results on 13 February 2026. On a standalone basis, revenue from operations was Rs. 96.99 lakhs, slightly down from Rs. 98.97 lakhs in Q3 FY25, while the company posted a loss before tax of Rs. 25.96 lakhs versus a Rs. 4.29 lakh loss a year ago. Standalone full-year revenue has shrunk from Rs. 462.52 lakhs (FY23) to Rs. 388.51 lakhs (FY24) to Rs. 295.16 lakhs (FY25), and the FY25 standalone loss was Rs. 118.16 lakhs. On a consolidated basis (including Ajel Technologies India Pvt Ltd and Ajel Technologies Inc USA), Q3 revenue rose to Rs. 344.16 lakhs from Rs. 295.90 lakhs YoY, with a loss of Rs. 20.22 lakhs. The statutory auditor M/s GMK & Co LLP issued an unmodified (clean) limited review opinion on both sets of results, though the company noted depreciation has not been calculated and investments have not been fair-valued for the quarter.
Persistent quarterly losses and a steady decline in standalone revenue suggest ongoing business weakness, though a clean auditor opinion and consolidating US subsidiary operations provide some stability. Shareholders should monitor whether revenue decline reverses and whether the company can move towards profitability in FY26.