Unaudited Financial Results of the Company for the quarter and nine months ended December 31, 2025.
Awaiting price reaction for this filing.
Sanghi Industries (Adani group, held by Ambuja Cements) posted Q3 FY26 revenue from operations of ₹275 crore, up 6.2% YoY from ₹258.96 crore. For the nine months ended December 2025, revenue rose 27% YoY to ₹805.31 crore from ₹633.45 crore, but the company still reported a loss of ₹307.34 crore (down from a ₹381.46 crore loss in the same period last year). Q3 standalone loss stood at ₹115.39 crore, with EPS of ₹(4.47). A one-time exceptional income of ₹40 crore was booked in Q1 FY26 from an indemnity claim recovery from erstwhile promoters. The company continues to highlight a pending electricity duty dispute with the Gujarat tax authorities, where a contingent liability of ₹181.65 crore (interest) has been assessed. The board also approved the appointment of Mr. Rohit Soni as a Non-Executive, Non-Independent Additional Director effective January 31, 2026.
Losses are narrowing and revenue is growing strongly, but the company remains deeply unprofitable with ongoing legal exposure on the electricity duty matter. Shareholders should note that the scheme of arrangement with Ambuja Cements (12 Ambuja shares for every 100 Sanghi shares) is awaiting NCLT approval, which will be the key catalyst for the stock.