Suryachakra Power reports ₹2.20 lakh loss for Q3FY26
Suryachakra Power Corporation Limited reported a net loss of ₹2.20 lakh for Q3FY26 with zero revenue as operations are yet to commence. NCLT approved the sale of the company to Indo Aquatics Limited.
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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:
| Particulars | Quarter Ended 31-12-2025 (Unaudited) | Quarter Ended 30-09-2025 (Unaudited) | Year Ended 31-12-2025 (Unaudited) |
|---|---|---|---|
| Revenue from operations | 0.00 | 0.00 | 0.00 |
| Other income | 0.00 | 0.00 | 2.00 |
| Total income | 0.00 | 0.00 | 2.00 |
| Total expenses | 2.20 | 0.38 | 8.41 |
| Profit / (Loss) before tax | -2.20 | -0.38 | -6.41 |
| Net Profit / (Loss) for the period | -2.20 | -0.38 | -6.41 |
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.
What is the expected timeline for the completion of the takeover by Indo Aquatics Limited?
How will the impending management restructuring impact the company's strategic direction?
What specific business operations will the company prioritize once the takeover is finalized?
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