Asahi Songwon Colors Limited announced its unaudited financial results for the quarter and nine months ended December 31, 2025, showing a decline in both revenue and profitability compared to the corresponding periods of the previous year. The Board of Directors approved these results in their meeting held on January 29, 2026.

Standalone Financial Performance

The company's standalone operations reflected challenging market conditions during the quarter. Revenue from operations declined significantly, while profitability was impacted across key metrics.

For the nine-month period ended December 31, 2025, the company reported revenue from operations of ₹25,339.79 lakhs compared to ₹28,298.42 lakhs in the previous year, representing a decline of 10.46%. Net profit for the nine-month period stood at ₹1,268.64 lakhs versus ₹1,625.90 lakhs, showing a decrease of 21.97%.

Consolidated Results

The consolidated financial results, which include subsidiaries and associates, also demonstrated similar trends with revenue and profit pressures.

Segment Performance

The company operates primarily in two segments: Pigments and API (Active Pharmaceutical Ingredients). The segment-wise revenue breakdown for Q3FY26 showed:

• Pigments segment: ₹9,312.71 lakhs (Q3FY26) vs ₹11,170.34 lakhs (Q3FY25)
• API segment: ₹2,762.19 lakhs (Q3FY26) vs ₹2,365.62 lakhs (Q3FY25)

While the API segment showed growth, the pigments segment experienced a significant decline, impacting overall performance.

Regulatory Developments

The company highlighted the implementation of new labour codes effective from November 21, 2025. The Government of India has consolidated 29 existing labour legislations into four unified codes. Asahi Songwon Colors has initiated an assessment of the implications arising from these codes, with evaluation currently in progress. The company does not anticipate any significant impact at this stage, but a detailed assessment is underway.

Financial Position

The company maintained its paid-up equity share capital at ₹1,178.73 lakhs with a face value of ₹10 per share. Other comprehensive income for Q3FY26 was positive at ₹85.77 lakhs compared to ₹0.89 lakhs in the corresponding quarter of the previous year, resulting in total comprehensive income of ₹439.11 lakhs versus ₹456.38 lakhs.

The financial results were reviewed by the Audit Committee and approved by the Board of Directors. Statutory auditors Talati & Talati LLP conducted a limited review of the results as per Regulation 33 of SEBI Listing Regulations, with no qualifications or modifications in their review report.

Asahi Songwon Colors Limited has announced a board meeting scheduled for January 29, 2026, to review and approve its quarterly financial performance. The company has formally notified both major stock exchanges about this important corporate development.

Board Meeting Details

The Board of Directors meeting is set to take place on Thursday, January 29, 2026, with a comprehensive agenda focused on financial results review. The meeting will address the consideration, approval, and recording of unaudited financial statements for a significant reporting period.

Regulatory Compliance and Trading Window

In adherence to regulatory requirements, Asahi Songwon Colors Limited has implemented necessary compliance measures. The company has closed the trading window for designated persons and their immediate relatives effective January 1, 2026, in accordance with SEBI's Prohibition of Insider Trading Regulations, 2015.

The trading window closure aligns with the company's internal Code of Conduct to Regulate, Monitor and Report Trading in Securities. This window will remain closed until 48 hours after the financial results are officially submitted to the stock exchanges, ensuring complete regulatory compliance.

Stock Exchange Notification

The company has formally communicated this board meeting schedule to both major Indian stock exchanges through official channels. The notification was sent to BSE Limited and National Stock Exchange of India Limited, maintaining transparency with all stakeholders.

Corporate Information

Asahi Songwon Colors Limited, with CIN L24222GJ1990PLC014789, operates from its registered office at Asahi House, 20, Times Corporate Park, Thaltej – Shilaj Road, Thaltej, Ahmedabad – 380059, Gujarat. The company maintains ISO 14001:2015 certification, reflecting its commitment to environmental management standards.

The notification was signed by Joseph Saji Varghese, Company Secretary & Compliance Officer, ensuring proper authorization and compliance with corporate governance requirements. This scheduled board meeting represents a routine but important milestone in the company's quarterly reporting cycle.