Aksh Optifibre Reports Wider Q3FY26 Loss of ₹380.66 Crores on Revenue Decline
Aksh Optifibre Limited reported deteriorating financial performance for Q3FY26 with standalone net loss widening to ₹380.66 crores from ₹292.52 crores in Q3FY25. Revenue declined 7.86% to ₹2,623.47 crores while nine-month losses surged to ₹882.09 crores. The manufacturing segment continues to face challenges with significant losses while services segment remained profitable. The company faces ongoing legal proceedings with banking institutions under SARFAESI Act provisions.

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Aksh Optifibre Limited announced its unaudited financial results for the quarter and nine months ended December 31, 2025, revealing continued operational challenges with widening losses across both standalone and consolidated operations.
Financial Performance Overview
The company reported a standalone net loss of ₹380.66 crores for Q3FY26, significantly higher than the ₹292.52 crores loss recorded in Q3FY25. Revenue from operations declined 7.86% year-on-year to ₹2,623.47 crores from ₹2,847.09 crores in the corresponding quarter of the previous fiscal year.
| Metric | Q3FY26 | Q3FY25 | Change (%) |
|---|---|---|---|
| Revenue from Operations | ₹2,623.47 crores | ₹2,847.09 crores | -7.86% |
| Total Income | ₹2,646.33 crores | ₹2,875.98 crores | -7.99% |
| Net Loss | ₹380.66 crores | ₹292.52 crores | +30.14% |
| Basic EPS | ₹(0.23) | ₹(0.18) | -27.78% |
Nine-Month Performance Analysis
For the nine months ended December 31, 2025, the financial deterioration was more pronounced. The company posted a net loss of ₹882.09 crores compared to ₹250.77 crores in the corresponding period of FY25. Revenue from operations for the nine-month period stood at ₹8,393.42 crores, down from ₹9,533.82 crores in the previous year.
| Parameter | 9M FY26 | 9M FY25 | Change (%) |
|---|---|---|---|
| Revenue from Operations | ₹8,393.42 crores | ₹9,533.82 crores | -11.96% |
| Total Income | ₹8,484.99 crores | ₹9,636.21 crores | -11.95% |
| Net Loss | ₹882.09 crores | ₹250.77 crores | +251.86% |
| Basic EPS | ₹(0.54) | ₹(0.15) | -260.00% |
Segment-wise Performance
The company operates through two primary segments - manufacturing and services. During Q3FY26, the manufacturing segment generated revenue of ₹1,331.09 crores but reported a segment loss of ₹342.15 crores. The services segment contributed ₹1,292.38 crores in revenue and achieved a segment profit of ₹69.31 crores.
| Segment | Q3FY26 Revenue | Q3FY26 Result |
|---|---|---|
| Manufacturing | ₹1,331.09 crores | Loss: ₹342.15 crores |
| Services | ₹1,292.38 crores | Profit: ₹69.31 crores |
Consolidated Results
On a consolidated basis, the company's performance was even more challenging. Consolidated net loss for Q3FY26 widened to ₹580.54 crores from ₹473.57 crores in Q3FY25. Consolidated revenue from operations increased marginally to ₹2,640.41 crores from ₹2,898.69 crores in the previous year quarter.
Key Financial Challenges
The company continues to face significant operational headwinds with total expenses of ₹3,157.88 crores exceeding total income of ₹2,646.33 crores during the quarter. Finance costs increased to ₹169.05 crores from ₹132.02 crores year-on-year, reflecting higher borrowing costs.
Legal and Regulatory Matters
Aksh Optifibre faces ongoing legal challenges with banking institutions. The company has received notices from Union Bank of India under SARFAESI Act provisions and has filed a stay application before the Debt Recovery Tribunal in Jaipur. Additionally, HDFC Bank has issued a notice under Section 13(2) of SARFAESI Act for a claim amount of ₹3,663 crores. The company has filed appropriate replies and continues to protect stakeholder interests through legal proceedings.
Historical Stock Returns for Aksh Optifibre
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -2.04% | +2.93% | -18.17% | -34.13% | -48.08% | -24.71% |




























