Suryachakra Power Corporation Limited reported a net loss of ₹2.20 lakh for the third quarter ended December 31, 2025, as business operations are yet to commence. The company recorded zero revenue from operations for the quarter and the nine months ended December 31, 2025. The Board of Directors approved the unaudited standalone financial results during a meeting held on January 10, 2026, in accordance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Total income for the quarter was nil, while total expenses amounted to ₹2.20 lakh, primarily driven by depreciation and amortisation expenses of ₹2.20 lakh. For the nine months ended December 31, 2025, the net loss stood at ₹6.41 lakh, with total expenses reaching ₹8.41 lakh. The paid-up equity share capital and earnings per share (EPS) were recorded at ₹0.00 lakh and ₹0.00 respectively.

Financial Performance

The table below details the standalone unaudited financial results for the third quarter and nine months ended December 31, 2025:

Operational Status

The company stated that it has not started any business operations and they are yet to be commenced. Consequently, there was no revenue generated from operations during the reported period. The Limited Review Report issued by the statutory auditors noted that the National Company Law Tribunal (NCLT), Hyderabad Bench, had initiated liquidation proceedings against the company. However, an order dated July 18, 2024, approved the sale of the company as a going concern to Indo Aquatics Limited. The acquirer has initiated the process for taking over the company, including changes in management and restructuring exercises.

Suryachakra Power Corporation Limited reported a net loss of ₹0.38 lakh for the quarter ended September 30, 2025, as the company continues to record zero revenue from operations. The Board of Directors approved the unaudited standalone financial results for Q2FY26 on October 10, 2025, pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The financial statement reveals that the company has not started any business operations. Total income for the quarter stood at ₹0.00 lakh, down from ₹2.00 lakh in the previous quarter ended June 30, 2025. Total expenses for Q2FY26 were ₹0.38 lakh, primarily driven by depreciation and amortisation expenses of ₹0.38 lakh. In comparison, the previous quarter saw total expenses of ₹5.83 lakh.

For the half-year ended September 30, 2025, the company reported a net loss of ₹4.21 lakh on a total income of ₹2.00 lakh. The loss for the corresponding period was attributed to depreciation and amortisation costs of ₹6.21 lakh and finance costs of ₹0.01 lakh. The paid-up equity share capital and earnings per share (EPS) remained at ₹0.00 for all reported periods.

The statutory auditor, Sai and Co., issued a Limited Review Report noting that the National Company Law Tribunal (NCLT), Hyderabad Bench, initiated liquidation proceedings against the company on September 1, 2022. By an order dated July 18, 2024, the NCLT approved the sale of the company as a going concern to Indo Aquatics Limited (IAL), assigned to Reddy Investments Private Limited (RIPL). The Liquidator has issued a Sale Certificate dated June 14, 2023. While the change in management is complete, other restructuring exercises, including changes in capital, are currently in process.

The acquirer is in the process of a complete takeover, including the transfer of records and papers. The company is also obtaining the latest shareholding data from its Registrar and Transfer Agent (RTA). The auditor's conclusions were modified in respect of the ongoing liquidation and sale process.

Financial Results for Q2FY26

Key Financial Metrics