AG Ventures Limited has announced its unaudited financial results for the third quarter and nine months ended December 31, 2025, showcasing solid revenue growth amid operational improvements. The company, formerly known as Oriental Carbon & Chemicals Limited, reported these results following board approval on February 4, 2026.

Standalone Financial Performance

The company demonstrated strong top-line growth in Q3FY26, with revenue from operations increasing by 20.7% year-on-year. The quarterly performance reflects the company's continued focus on its investment and trading business segment following the demerger of its chemicals operations.

Other income for the quarter increased substantially to ₹120.54 lakhs compared to ₹49.76 lakhs in Q3FY25, contributing to the overall income growth. Total expenses for the quarter were ₹1,140.34 lakhs, primarily driven by purchase of stock-in-trade of ₹804.87 lakhs.

Nine-Month Performance Highlights

The nine-month period showed even more impressive growth metrics, with revenue from operations reaching ₹2,528.07 lakhs compared to ₹1,556.38 lakhs in the corresponding period of FY25.

The nine-month results show a remarkable turnaround from the previous year's loss, which was primarily due to exceptional items related to the demerger of the chemicals business.

Consolidated Results

On a consolidated basis, which includes subsidiary Duncan Engineering Limited, the company reported stronger performance across key metrics for Q3FY26.

For the nine-month period, consolidated revenue reached ₹8,199.42 lakhs compared to ₹8,044.37 lakhs in the previous year, while net profit stood at ₹635.75 lakhs versus ₹411.04 lakhs.

Segment Performance

The company operates through two main business segments following the demerger of its chemicals business. The investment and trading segment reported revenue of ₹1,182.07 lakhs in Q3FY26, while the general engineering products segment contributed ₹1,962.33 lakhs to consolidated revenue.

Corporate Developments

During the quarter, Duncan Engineering Limited, a subsidiary of AG Ventures, incorporated a wholly owned overseas subsidiary in the Kingdom of Saudi Arabia. However, this subsidiary had not commenced operations as of the reporting date and had no impact on the financial results for the period.

The results have been reviewed by the statutory auditors S S Kothari Mehta & Co. LLP, who issued a limited review report confirming compliance with applicable accounting standards and regulatory requirements. The company maintains its registered office in Gujarat and corporate office in Noida, Uttar Pradesh.

AG Ventures Ltd (formerly Oriental Carbon & Chemicals Limited) has successfully secured shareholder approval for a significant change to its Memorandum of Association. The company conducted a postal ballot vote to alter its object clause, with voting concluding on October 16, 2025.

Voting Results

The special resolution received overwhelming support from shareholders, as evidenced by the following voting statistics:

Key Highlights

• Total Shareholders: 32,093 as of the record date (September 5, 2025)
• Voter Turnout: 57.34% of outstanding shares participated in the voting
• Resolution Outcome: Passed with requisite majority

The promoter and promoter group demonstrated unanimous support for the resolution, casting all their 5,171,124 votes in favor. Public institutions also showed strong backing with a 99.99% approval rate.

Corporate Governance

AG Ventures Ltd has promptly disclosed the voting results and the scrutinizer's report dated October 17, 2025, in compliance with regulatory requirements. The company has also made these documents available on its official website, www.agventuresltd.com , ensuring transparency for all stakeholders.

This successful resolution marks a significant step for AG Ventures Ltd, potentially paving the way for new business directions or expansions aligned with the updated object clause. Shareholders and market observers will likely be keen to see how this change translates into the company's future strategies and operations.