Outcome of the Board Meeting held today i.e. Friday, February 13, 2026.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
The Board approved unaudited financial results for Q3 and nine months ended December 31, 2025. Total income from operations fell sharply to Rs. 902.90 lakhs in Q3 FY26 (vs Rs. 1,867.12 lakhs in Q3 FY25) and dropped to Rs. 2,187.95 lakhs for 9M FY26 from Rs. 3,716.10 lakhs in 9M FY25, a roughly 41% decline. Net profit for Q3 FY26 was Rs. 41.24 lakhs (vs Rs. 252.31 lakhs YoY) and Rs. 234.74 lakhs for 9M FY26 (vs Rs. 431.94 lakhs YoY), a 9M decline of about 46%. The auditor flagged a 'Material Uncertainty Related to Going Concern' in the limited review report, noting that despite net worth turning positive at March 31, 2025 (after being fully eroded), historical accumulated losses and uncertain long-term profitability remain concerns, though promoters Mr. Vishal Kampani and Mrs. Benu Kampani have committed to support cash-flow needs. The Board also re-appointed Mr. Vishal Kampani as Managing Director and Mrs. Benu Kampani as Whole-time Director for a further three-year term starting April 11, 2026, subject to shareholder approval via postal ballot.
A going-concern uncertainty flag from the auditor combined with sharp YoY declines in both revenue (~41%) and profit (~46%) for 9M FY26 is a clear negative for shareholders and could weigh on the stock. The promoter re-appointments ensure management continuity but do not address the underlying business contraction or the auditor's going-concern caveat.