Kachchh Minerals Limited reported a net loss of ₹110.57 crore for the financial year ended March 31, 2026, a significant decline from the net profit of ₹1.79 crore recorded in the previous year. The company's revenue from operations stood at nil for FY26, compared to ₹29.44 crore in FY25. Total income for the year fell to ₹2.53 crore from ₹35.81 crore in the corresponding period last year. The board approved the audited financial results for the quarter and year ended March 31, 2026, in a meeting held on May 30, 2026.

For the quarter ended March 31, 2026, the company reported a net loss of ₹4.59 crore. Total income for the quarter was ₹1.34 crore, driven entirely by other income, as revenue from operations remained nil. Total expenses for the quarter stood at ₹5.93 crore. The basic and diluted earnings per share (EPS) for the quarter were reported at a loss of ₹0.09 each. For the full year, the basic and diluted EPS stood at a loss of ₹2.09, compared to a profit of ₹0.03 in the previous year.

The company's total assets decreased to ₹176.72 crore as of March 31, 2026, from ₹250.36 crore a year ago. This decline was primarily driven by a reduction in current assets, which fell to ₹112.52 crore from ₹181.77 crore. Cash and cash equivalents dropped significantly to ₹16.36 crore from ₹81.16 crore in the previous year. Total equity also contracted to ₹82.80 crore from ₹193.38 crore, largely due to the accumulated losses reflected in the reserves and surplus.

The statutory auditors, Om Prakash S. Chaplot & Co., Chartered Accountants, issued an unmodified opinion on the standalone financial results. The report confirms that the results give a true and fair view of the company's financial position in conformity with the accounting standards prescribed under the Companies Act, 2013. The trading window for insiders, which was closed ahead of the results, is scheduled to reopen on June 02, 2026.

Kachchh minerals Limited has announced its unaudited financial results for the third quarter of FY26 ended December 31, 2025, revealing operational challenges with no revenue generation during the period. The mining company reported a net loss of ₹6.05 lakhs for the quarter, showing a marginal improvement from the ₹6.71 lakhs loss recorded in the corresponding quarter of the previous year.

Financial Performance Overview

The company's financial performance for Q3 FY26 reflects continued operational difficulties, with zero revenue from operations throughout the quarter. The total income was limited to ₹1.19 lakhs, entirely comprising other income, while total expenses reached ₹7.24 lakhs.

Nine-Month Performance Analysis

The nine-month period ended December 31, 2025, presented a concerning picture with substantially higher losses compared to the previous year. The company reported a net loss of ₹105.96 lakhs for the nine-month period, a dramatic increase from the ₹6.68 lakhs loss in the corresponding period of FY25.

Expense Structure and Key Components

The company's expense structure for Q3 FY26 was dominated by other expenses at ₹3.42 lakhs, followed by finance costs of ₹1.76 lakhs and depreciation expenses of ₹1.08 lakhs. Employee benefit expenses remained relatively stable at ₹0.98 lakhs compared to ₹1.78 lakhs in the previous year's corresponding quarter.

Corporate Developments

In addition to the financial results, the Board of Directors approved the relocation of the company's registered office within Mumbai. The new registered office will be located at Office No. 042, Kalpaturu Avenue Premises Co-operative Society Ltd, Akurli Road, Opposite ESIS Hospital, Kandivali East, Mumbai - 400101, moving from the current address in Malad West.

Share Capital and Earnings Per Share

The company maintained its paid-up equity share capital at ₹521.18 lakhs with a face value of ₹10 per share. The basic and diluted earnings per share for Q3 FY26 stood at ₹-0.11, showing improvement from ₹-0.13 in the corresponding quarter of the previous year. For the nine-month period, the earnings per share deteriorated to ₹-2.00 compared to ₹-0.13 in the previous year.

The Board meeting was held on February 13, 2026, commencing at 5:30 PM and concluding at 6:00 PM. The trading window for company insiders will reopen from Monday, February 16, 2026, following the announcement of these financial results.