ASI Industries Limited has announced its unaudited financial results for the quarter and nine months ended December 31, 2025, demonstrating strong operational performance with significant quarter-on-quarter improvement in profitability.

Financial Performance Highlights

The company delivered robust financial results for Q3FY26, with net profit showing substantial growth compared to the previous quarter. Revenue from operations remained strong, supported by the company's core mining and processing activities.

Nine-Month Performance Analysis

For the nine months ended December 31, 2025, ASI Industries maintained steady performance with total revenue of ₹11534.78 lakhs compared to ₹12001.20 lakhs in the corresponding period of the previous year. The company achieved a net profit of ₹1715.39 lakhs for the nine-month period, slightly higher than ₹1655.94 lakhs in the previous year.

Operational Efficiency and Cost Management

The company demonstrated effective cost management during the quarter. Total expenses for Q3FY26 were ₹3882.34 lakhs compared to ₹2399.89 lakhs in the previous quarter. Key expense categories included power and fuel costs of ₹993.21 lakhs, employee benefits expense of ₹989.92 lakhs, and other expenses of ₹1686.02 lakhs. Finance costs remained controlled at ₹49.03 lakhs for the quarter.

Corporate Governance Updates

The Board of Directors approved several important corporate governance decisions during their meeting held on January 28, 2026:

• Director Appointments: Approved postal ballot notice for appointment of Mr. Rajaram Gordhanlal Agarwal as Independent Director
• Scrutinizer Appointment: Designated Mr. Prabhat Maheshwari or Mr. Nirmal Gupta from GMJ & Associates as postal ballot scrutinizers
• Director Resignation: Mr. Gaurang Gandhi resigned as Non-Executive, Non-Independent director effective January 28, 2026
• Committee Reconstitution: Restructured all key committees including Audit, Stakeholder Relationship, Nomination & Remuneration, and CSR committees

Committee Structure

Following the reconstitution, the key committees now comprise:

Business Outlook and Regulatory Compliance

ASI Industries operates in the mining and processing of natural stone segment, which remains its single reportable business segment. The company has assessed the impact of the New Labour Codes implemented from November 21, 2025, resulting in an increase of ₹4.70 lakhs in employee benefit expenses due to enhanced gratuity and leave liabilities. The financial results have been prepared in accordance with Indian Accounting Standards and received limited review from the company's statutory auditors.

Sai Industries Limited has announced its unaudited financial results for the quarter ended December 31, 2025, showing a net loss of ₹0.33 lacs compared to ₹0.78 lacs loss in the corresponding quarter of the previous year. The results were approved by the Board of Directors at their meeting held on January 24, 2026.

Financial Performance Overview

The company's financial performance for Q3 FY26 demonstrates a sequential improvement in loss reduction. The following table presents the key financial metrics:

Expense Analysis

The company's total expenses decreased significantly to ₹0.33 lacs in Q3 FY26 from ₹0.78 lacs in Q3 FY25. The major components of expenses included other expenses of ₹0.30 lacs and legal & professional charges of ₹0.03 lacs. The substantial reduction in legal and professional charges from ₹0.45 lacs to ₹0.03 lacs contributed significantly to the overall expense reduction.

Nine-Month Performance

For the nine-month period ended December 31, 2025, the company reported a net loss of ₹2.48 lacs compared to ₹1.91 lacs in the corresponding period of the previous year. Total expenses for the nine-month period stood at ₹2.48 lacs against ₹1.91 lacs in the previous year.

Capital Structure and Reserves

The company maintains its paid-up equity share capital at ₹296.76 lacs with a face value of ₹10 per share, remaining unchanged across all reported periods. The reserves (excluding revaluation reserves) stood at ₹(478.33) lacs as of December 31, 2025, compared to ₹(474.46) lacs in the previous year.

Earnings Per Share

Both basic and diluted earnings per share remained at ₹(0.00) for Q3 FY26, similar to the previous quarter. For the nine-month period, both basic and diluted EPS were ₹(0.01).

Regulatory Compliance

The financial results have been prepared in accordance with Indian Accounting Standards (IND AS) and were reviewed by the Audit Committee before approval by the Board of Directors. The company operates in a single segment, making separate segment reporting non-applicable as per Ind AS 108. The results are also available on the company's website at www.saiindustries.org.in .