The Board at their meeting held on today considered and approved the unaudited financial results for the quarter and nine months ended 31.12.2025
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Pagaria Energy Limited (formerly Women Networks Limited) announced unaudited results for Q3 FY26 and 9M FY26. Revenue from operations jumped to Rs 2,250 lakhs in the quarter (from nil in Q3 FY25), while total income for 9M FY26 reached Rs 2,450 lakhs versus Rs 915 lakhs in 9M FY25. Despite this strong revenue growth, the company swung to a net loss of Rs 5.70 lakhs in Q3 and Rs 5.93 lakhs for 9M FY26, compared to a profit of Rs 1.07 lakhs in the prior 9M period. Total expenses ballooned significantly, indicating that operating costs have outpaced revenue gains. The auditor, Manish Mahavir & Co., issued a clean limited review report with no qualifications or concerns flagged.
The company's pivot from a dormant entity (Women Networks) to an operational energy business is reflected in the revenue jump, but the swing into losses signals margin pressure and high cost of scaling. Shareholders should watch for signs of operating leverage in upcoming quarters — the stock remains a turnaround/restructuring story rather than a profitable business at this stage.