Alliance Integrated Metaliks Limited has released its unaudited financial results for the third quarter and nine months ended December 31, 2025, revealing deteriorating financial performance despite some revenue improvements in the latest quarter.

Financial Performance Overview

The company's quarterly results show mixed signals with revenue growth accompanied by widening losses. Total income from operations increased to ₹21.86 crores in Q3FY25 from ₹19.35 crores in Q3FY24, representing growth in the core business activities.

Nine-Month Performance Analysis

The nine-month period presents a more challenging picture with declining revenues and substantially higher losses. Total income from operations dropped to ₹58.36 crores in 9MFY25 from ₹61.96 crores in the corresponding period of FY24.

Key Financial Metrics

The company maintains an equity share capital of ₹39.45 crores with a face value of Re. 1 per share. The consistent losses across quarters indicate ongoing operational challenges that the management needs to address.

Earnings Per Share Performance:

• Q3FY25: Basic and Diluted EPS of ₹(0.60) each
• Q3FY24: Basic and Diluted EPS of ₹(0.48) each
• 9MFY25: Basic and Diluted EPS of ₹(1.72) each

Corporate Governance

The financial results were reviewed by the audit committee and subsequently approved by the Board of Directors at their meeting held on February 12, 2026. The company's statutory auditors conducted a limited review of the quarterly and nine-month financial results.

Regulatory Compliance

Alliance Integrated Metaliks Limited, with CIN L65993DL1989PLC035409, has its registered office at DSC-327, Second Floor, DLF South Court, Saket, New Delhi 110017. The detailed financial results are available on the company's website at www.aiml.in and on the BSE website at www.bseindia.com , ensuring transparency and regulatory compliance under SEBI guidelines.

Alliance Integrated Metaliks Limited has announced its unaudited financial results for the third quarter of fiscal year 2026, revealing continued operational challenges despite revenue growth. The company's board of directors approved the results in a meeting held on February 12, 2026.

Financial Performance Overview

The company's financial performance for Q3FY26 showed mixed results with revenue growth but widening losses:

For the nine-month period ended December 31, 2025, the company reported a net loss of ₹6,800.17 lakhs compared to ₹5,366.78 lakhs in the corresponding period of the previous year. Revenue from operations for the nine-month period stood at ₹5,833.90 lakhs against ₹6,188.69 lakhs in the previous year.

Expense Analysis

The company's total expenses for Q3FY26 amounted to ₹4,540.02 lakhs, significantly higher than the total income. Key expense components included:

Finance costs remained the largest expense component, increasing by 11.59% year-on-year, reflecting the company's debt burden.

Going Concern and Financial Position

The company faces significant financial challenges that raise material uncertainty about its ability to continue as a going concern. As of December 31, 2025, the company's net worth stood at a negative ₹33,159.36 lakhs due to accumulated losses. The current liabilities far exceed total current assets, primarily due to the classification of term and working capital loans as current liabilities.

Outstanding loans totaling ₹56,488.11 lakhs, including accrued interest, have been classified as non-performing assets by lenders in previous financial years. The company is actively engaged in discussions with lenders for debt resolution and has submitted one-time settlement proposals, depositing upfront amounts with concerned lender banks.

Regulatory and Legal Matters

The company disclosed that certain immovable properties and promoter shares have been provisionally attached by the Deputy Director, Gurugram Zonal Office, Directorate of Enforcement, New Delhi under Prevention of Money Laundering Act, 2002. The order was confirmed by the Adjudicating Authority, but the company has filed an appeal before the Appellate Authority, which remains pending.

According to management, these proceedings do not affect business operations or ongoing activities, and no adjustments have been made to the financial results.

Auditor's Qualified Opinion

The statutory auditors, Chatterjee & Chatterjee, issued a qualified review report highlighting that trade payables, trade receivables, and other loans and advances continue to be subject to reconciliation and confirmation. Term loan accounts with banks and financial institutions also require reconciliation and confirmation.

Despite these challenges, the company maintains its financial statements on a going concern basis, citing continuity of operations, positive EBITDA, government infrastructure development initiatives, and an encouraging order book as supporting factors.