NewsEarningsAarcon Facilities Reports Q3 FY26 Results, Appoints Independent Director and Approves New Residential ProjectAarcon Facilities Reports Q3 FY26 Results, Appoints Independent Director and Approves New Residential Project
Aarcon Facilities Limited reported Q3 FY26 net profit of ₹4.78 lakhs on total income of ₹15.01 lakhs, down from ₹16.85 lakhs profit and ₹29.01 lakhs income in Q3 FY25. The company appointed Mr. Rajendra M Agrawal as Additional Independent Director and approved the Aarcon Abhyanand Residential Project in Vadodara, with Mr. Agrawal designated as project manager.
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Aarcon facilities Limited has announced its financial results for the quarter ended December 31, 2025, alongside several strategic board decisions including a key directorial appointment and approval of a new residential project. The company's board meeting held on January 20, 2026, addressed multiple business developments and corporate governance matters.
Q3 FY26 Financial Performance
The company reported mixed financial performance for the third quarter of FY26. Total income decreased to ₹15.01 lakhs compared to ₹29.01 lakhs in the corresponding quarter of the previous year, representing a significant decline of 48.26%.
| Financial Metric: | Q3 FY26 | Q3 FY25 | Change (%) |
|---|---|---|---|
| Sales/Income from Operations: | ₹7.68 lakhs | ₹27.25 lakhs | -71.83% |
| Other Income: | ₹7.33 lakhs | ₹1.76 lakhs | +316.48% |
| Total Income: | ₹15.01 lakhs | ₹29.01 lakhs | -48.26% |
| Total Expenses: | ₹9.69 lakhs | ₹12.16 lakhs | -20.31% |
| Net Profit: | ₹4.78 lakhs | ₹16.85 lakhs | -71.63% |
Despite the revenue decline, the company maintained profitability with a net profit of ₹4.78 lakhs, though this was substantially lower than the ₹16.85 lakhs achieved in Q3 FY25. The company's earnings per share stood at ₹0.08 for the quarter.
Board Appointments and Corporate Changes
The board approved the appointment of Mr. Rajendra M Agrawal (DIN: 02650748) as Additional Non-Executive Independent Director effective January 20, 2026. The appointment is subject to member approval at the upcoming general meeting.
| Director Details: | Information |
|---|---|
| Name: | Mr. Rajendra M Agrawal |
| DIN: | 02650748 |
| Position: | Additional Non-Executive Independent Director |
| Appointment Date: | January 20, 2026 |
| Proposed Term: | 5 years (January 20, 2026 to January 19, 2031) |
| Experience: | Over 15 years in field verification, bank liaison, and loan documentation |
Mr. Agrawal brings extensive experience in financial record verification, bank visits, and compliance matters. The board confirmed he has no relationships with existing directors or key management personnel of the company.
New Project Approval and Strategic Initiatives
The board approved the Aarcon Abhyanand Residential Project at RS No. 95/pond 96/p at Karelibaug, Vadodara. This represents a significant expansion into residential development for the company. Additionally, Mr. Rajendra M Agrawal was appointed as Project Manager for this development, with authorization to handle all necessary government-related work.
The company also received board approval to open a separate bank account with Axis Bank Limited, indicating expansion of its banking relationships to support growing business operations.
Regulatory Compliance and Audit Matters
The financial results received an unmodified opinion from statutory auditors V.J. Amin & Co., Chartered Accountants. The audit committee reviewed and the board approved the unaudited financial statements for the quarter ended December 31, 2025. The company confirmed compliance with SEBI regulations and stated that no directors are debarred from holding office by SEBI or other authorities.
The board meeting commenced at 11:00 AM and concluded at 1:00 PM on January 20, 2026, with all decisions taken in accordance with regulatory requirements under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
