Gaekwar Mills board to meet on May 28 to consider Q4FY26 results

gaekwar mills has announced that its Board of Directors will meet on Thursday, May 28, 2026. The meeting is being convened pursuant to Regulation 29 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Agenda for the Meeting

The primary purpose of the board meeting is to consider and approve the audited financial results of the company. Specifically, the directors will review the performance for the fourth quarter and the financial year ended March 31, 2026.

Key Meeting Details

Detail	Information
Meeting Date	May 28, 2026
Day	Thursday
Purpose	Consideration of Audited Financial Results
Period	Q4 and FY ended March 31, 2026

The intimation regarding this meeting has been submitted to the BSE Limited for necessary record-keeping. The company's Corporate Identification Number (CIN) is L17120MH1949PLC007731.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
0.0%	0.0%	0.0%	+4.96%	+4.96%	-11.59%

Gaekwar Mills Limited has announced its unaudited financial results for the third quarter of FY26 and nine months ended December 31, 2025, demonstrating improved operational performance across key metrics.

Quarterly Financial Performance

The company reported a profit of ₹9.03 lakh for Q3FY26, representing an improvement from ₹7.67 lakh recorded in Q2FY26. This marks a significant recovery from the loss of ₹110.00 lakh reported in Q3FY25.

Quarter Performance:	Q3FY26	Q2FY26	Q3FY25
Total Revenue:	₹10.87 lakh	₹10.87 lakh	₹10.36 lakh
Total Expenses:	₹1.84 lakh	₹3.20 lakh	₹120.36 lakh
Net Profit/(Loss):	₹9.03 lakh	₹7.67 lakh	(₹110.00 lakh)
Earnings Per Share:	₹0.45	₹0.38	(₹5.50)

Nine-Month Financial Summary

For the nine-month period ended December 31, 2025, Gaekwar Mills achieved a profit of ₹22.22 lakh, marking a substantial turnaround from the loss of ₹330.50 lakh in the corresponding period of the previous year.

Nine-Month Performance:	FY26	FY25
Total Revenue:	₹33.02 lakh	₹31.41 lakh
Total Expenses:	₹10.80 lakh	₹361.91 lakh
Net Profit/(Loss):	₹22.22 lakh	(₹330.50 lakh)
Earnings Per Share:	₹1.11	(₹16.53)

Revenue and Expense Analysis

The company's revenue remained stable with total revenue of ₹10.87 lakh in Q3FY26, consistent with the previous quarter. The primary revenue source continues to be other income, as the company reported no revenue from operations during the quarter.

Total expenses decreased significantly to ₹1.84 lakh in Q3FY26 from ₹3.20 lakh in Q2FY26. The expense structure primarily comprised:

Employee benefits expense: ₹0.75 lakh
Other expenses: ₹1.09 lakh

Corporate Governance and Compliance

The financial results were reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on February 14, 2026. The results have been prepared in accordance with Indian Accounting Standards (Ind AS) as prescribed under Section 133 of the Companies Act, 2013.

The company's paid-up equity share capital remains unchanged at ₹200.00 lakh, with shares of face value ₹10 each. The company reported no investor complaints during the period under review.

Debenture Status Update

Regarding the company's secured non-convertible debentures worth ₹35 crore that had a redemption date of March 31, 2025, negotiations with debenture holders for extension are ongoing but not yet finalized. No premium on debenture redemption has been written off for the current reporting periods pending these negotiations.