Asutosh Enterprises Limited has announced its unaudited financial results for the quarter and nine months ended December 31, 2025, revealing a mixed performance with quarterly losses offset by positive nine-month results. The Board of Directors approved these results at their meeting held on January 27, 2026.

Quarterly Performance Analysis

The company's third quarter performance for FY26 showed challenging results compared to the previous year. The financial metrics demonstrate a significant shift from profitability to losses during the quarter.

The quarterly results indicate no revenue from operations or other income during Q3FY26, while the company incurred expenses of ₹0.88 lakhs, primarily consisting of employee benefits expense of ₹0.45 lakhs and other expenses of ₹0.43 lakhs.

Nine-Month Performance Overview

Despite the challenging quarterly performance, the nine-month results present a more balanced picture of the company's financial health.

The nine-month performance shows that Asutosh Enterprises maintained profitability with a net profit of ₹280.78 lakhs, though this represents a decrease from ₹313.47 lakhs in the corresponding period of the previous year.

Revenue and Expense Structure

The company's revenue structure reveals its dependence on other income rather than operational revenue. For the nine-month period, other income constituted ₹386.10 lakhs compared to ₹391.74 lakhs in the previous year. The expense profile remained controlled with total expenses of ₹6.56 lakhs for nine months, showing effective cost management.

Tax Position and Capital Structure

The company's tax expenses for the nine-month period totaled ₹98.76 lakhs, including current tax of ₹96.00 lakhs and tax for earlier years of ₹2.76 lakhs. The paid-up equity share capital remained stable at ₹224.10 lakhs with a face value of ₹10 per share.

Regulatory Compliance and Audit

The financial results were reviewed by the Audit Committee and approved by the Board of Directors at their meeting on January 27, 2026. S. Ghose & Co LLP, the company's statutory auditors, completed the limited review as required under Regulation 33 of SEBI (LODR) Regulations 2015. The auditors confirmed that the unaudited financial results comply with applicable Indian Accounting Standards and disclosure requirements.

HSM Investments Limited has significantly increased its shareholding in Asutosh Enterprises Limited through an off-market transfer, as part of a scheme of amalgamation. The transaction, which was completed on November 15, 2025, saw HSM Investments acquire 4,16,500 shares, representing 18.59% of Asutosh Enterprises.

Transaction Details

Shareholding Impact

This strategic move has resulted in HSM Investments' total holding in Asutosh Enterprises rising from 9.13% to 27.71%, marking a substantial increase in its ownership position.

Key Points

• The acquisition was executed through an off-market transfer, indicating a private transaction rather than an open market purchase.
• The transfer was conducted under a scheme of amalgamation, suggesting a broader corporate restructuring or merger activity.
• HSM Investments is part of the promoter group of Asutosh Enterprises, which may have implications for the company's management and strategic direction.

This significant increase in shareholding by a promoter group entity could potentially influence the future governance and strategic decisions of Asutosh Enterprises Limited. Shareholders and market observers may want to monitor any subsequent announcements or changes in the company's operations following this substantial ownership shift.