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Awaiting price reaction for this filing.
Valley Magnesite Company Ltd's board approved unaudited standalone financial results for the quarter and nine months ended December 31, 2025. Revenue from operations was nil across all reported periods, with total income of Rs 22.46 lakh in Q3 FY26 and Rs 134.34 lakh for 9M FY26, coming entirely from 'other income'. Profit after tax for Q3 FY26 stood at Rs 10.09 lakh, while 9M FY26 PAT was Rs 104.86 lakh, up sharply from Rs 39.25 lakh in 9M FY25. The statutory auditor (A.K. Meharia & Associates) conducted a limited review and issued an unqualified conclusion but included an Emphasis of Matter paragraph, the details of which are not visible in the extracted text.
Sharp jump in 9M profit (driven by non-operating income rather than core business) and the auditor's Emphasis of Matter flag are mixed signals – shareholders should watch the specific emphasis-of-matter note and whether operational revenue resumes, as the company currently shows zero revenue from operations.