AksharChem (India) Limited announced its unaudited financial results for the quarter and nine months ended December 31, 2025, showing a significant decline in profitability. The Board of Directors approved these results in their meeting held on January 28, 2026.

Financial Performance Overview

The company's quarterly performance showed a marked deterioration compared to the previous year. Revenue from operations declined while the company moved from profit to loss territory.

Nine-Month Performance Analysis

For the nine-month period ended December 31, 2025, the company's performance showed mixed results with revenue growth but profitability challenges.

Exceptional Items and Insurance Settlement

The company received a partial insurance settlement of ₹169.61 lakhs during the second quarter related to a fire incident that occurred on May 2, 2024, at the VS Plant located at Village Indrad. The company had initially recognized a loss of ₹402.18 lakhs due to damage to property, plant & equipment and inventory from the fire incident.

Solar Power Plant Commissioning

AksharChem successfully commissioned its ground-mounted solar power plant with a capacity of 5.19 MWp (DC) / 3.85 MWp (AC) at Village Makdala, Taluka Deodar, District Banaskantha. The solar power generation commenced on November 12, 2025, following the Certificate of Commissioning from the Gujarat Energy Development Agency (GEDA). This facility is designed for captive consumption at the company's factory located at Village Indrad.

Operational Expenses Breakdown

The company's total expenses for Q3 FY26 stood at ₹8,349.40 lakhs compared to ₹8,921.61 lakhs in Q3 FY25. Key expense components included:

• Cost of materials consumed: ₹5,473.97 lakhs
• Power & Fuel: ₹1,170.01 lakhs
• Other expenses: ₹1,621.98 lakhs
• Depreciation and amortisation: ₹419.81 lakhs
• Employee benefit expense: ₹364.37 lakhs

Corporate Governance and Compliance

The financial results were reviewed by the Audit Committee and approved by the Board of Directors. The statutory auditors Talati & Talati LLP completed the limited review as required under Regulation 33 of SEBI LODR Regulations. The company operates in a single segment under "Chemical Business" as per Ind AS 108 Operating Segments.

Aksharchem (India) Limited has formally notified the stock exchanges about an upcoming board meeting to review its quarterly financial performance. The company secretary Mehul Naliyadhara communicated this development through an official intimation dated January 20, 2026.

Board Meeting Details

The board of directors will convene on Wednesday, January 28, 2026, with the primary agenda focusing on the company's financial results review. The meeting has been scheduled in accordance with regulatory requirements under SEBI guidelines.

Trading Window Restrictions

The company has implemented mandatory trading restrictions as part of its compliance with insider trading regulations. These measures ensure adherence to SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's internal code for prevention of insider trading.

Regulatory Communication

The official communication was addressed to both major stock exchanges where the company's shares are listed. BSE Limited received the intimation referencing security code 524598, while National Stock Exchange of India Ltd. was notified using the trading symbol AKSHARCHEM.

The company emphasized that the board meeting will also address other business matters as deemed necessary, beyond the primary focus on financial results approval. This comprehensive approach ensures all relevant corporate governance matters are appropriately addressed during the scheduled session.

Corporate Compliance Framework

Aksharchem (India) Limited maintains its corporate headquarters in Ahmedabad, Gujarat, and operates under established quality management systems as evidenced by ISOQAR and UKAS Management Systems certifications. The company continues to prioritize regulatory compliance and transparent communication with stakeholders through timely disclosures to stock exchanges.