Azad India Mobility Limited has announced its unaudited standalone and consolidated financial results for the quarter ended December 31, 2025, demonstrating a strong operational turnaround. The Board of Directors approved these results in their meeting held on February 06, 2026.

Financial Performance Highlights

The company's financial performance showed remarkable improvement across key metrics during the third quarter of FY26:

Nine-Month Performance

For the nine-month period ended December 31, 2025, the company maintained its strong performance trajectory:

Operational Expenses and Cost Structure

The company's expense structure for Q3FY26 reflected its operational scale-up. Cost of materials consumed stood at Rs. 1,742.23 lakhs, while changes in inventories accounted for Rs. 870.18 lakhs. Employee benefits expense was Rs. 42.30 lakhs compared to Rs. 9.64 lakhs in the corresponding quarter of the previous year. Other expenses increased to Rs. 138.43 lakhs from Rs. 32.75 lakhs in Q3FY25, reflecting the expanded business operations.

Capital Structure and Share Information

The company's paid-up equity share capital stood at Rs. 5,444.32 lakhs with a face value of Rs. 10 per share as of December 31, 2025. This represents an increase from Rs. 2,912.56 lakhs in the corresponding period of the previous year, indicating capital expansion to support business growth.

Business Focus and Operations

According to the financial statements, Azad India Mobility Limited is engaged in the business of manufacturing EV luxury buses and related activities. The company operates as a single reportable segment in the context of operating segments as defined under Ind AS 108, with business information reported to and evaluated by the Managing Director for resource allocation and performance assessment.

Consolidated Results

The consolidated financial results, which include the performance of subsidiary NAE Mobility Private Limited, showed similar positive trends. Consolidated net profit for Q3FY26 was Rs. 65.81 lakhs compared to a loss of Rs. 23.31 lakhs in the corresponding quarter of the previous year. The subsidiary contributed total revenue of Rs. 0.30 lakhs and net profit of Rs. 0.30 lakhs for the quarter.

The financial results were reviewed and approved by the Board of Directors and have been subjected to limited review by the company's statutory auditors, R. Bhargava and Associates, Chartered Accountants.

Azad India Mobility Limited has formally notified BSE Limited about an upcoming Board of Directors meeting scheduled for February 06, 2026. The meeting has been convened to review and approve the company's quarterly financial performance in accordance with regulatory requirements.

Board Meeting Details

The board meeting agenda focuses on the consideration and approval of crucial financial documents for the third quarter of fiscal year 2026. The company will present comprehensive financial data covering its performance during this period.

Financial Results Scope

The board will examine both standalone and consolidated unaudited financial results for the quarter ended December 31, 2025. Additionally, the Limited Review Report will be presented as part of the comprehensive financial assessment. This dual approach ensures stakeholders receive a complete picture of the company's financial position across all business segments.

Trading Window Restrictions

Azad India Mobility Limited has implemented insider trading restrictions in compliance with SEBI regulations. The trading window closure affects multiple categories of individuals with access to unpublished price-sensitive information.

Regulatory Compliance Framework

The company's announcement demonstrates adherence to SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The notification serves dual regulatory purposes under both Regulation 29, which governs board meeting intimations, and Regulation 33, which addresses financial results disclosure requirements. This comprehensive compliance approach ensures transparency and maintains investor confidence in the company's governance practices.

The formal communication was signed by Vedant Bhatt, Company Secretary & Compliance Officer, on January 28, 2026, reflecting the company's commitment to timely regulatory disclosures and corporate governance standards.