Balurghat Technologies Limited announced its unaudited financial results for the quarter and nine months ended 31st December 2025, revealing mixed performance with revenue growth offset by increased operational expenses. The Board of Directors approved these results during their meeting held on 12th February 2026.

Quarterly Financial Performance

The company's third quarter performance showed contrasting trends in revenue and profitability. While revenue demonstrated healthy growth, the bottom line turned negative due to escalated expenses.

Expense Analysis

The significant increase in total expenses was the primary factor contributing to the quarterly loss. Operating expenses rose substantially to ₹2765.39 lakh in Q3FY26 from ₹1982.78 lakh in Q3FY25, representing a 39.47% increase. Employee costs increased to ₹160.37 lakh from ₹131.16 lakh, while finance costs nearly doubled to ₹52.30 lakh from ₹28.36 lakh in the corresponding quarter of the previous year.

Nine-Month Performance

For the nine-month period ended 31st December 2025, the company demonstrated strong revenue growth but faced profitability challenges.

Legal Matters

The company disclosed pending litigation matters that may impact its operations. The auditor's review report highlighted three significant legal cases with total claims amounting to ₹592.85 crore.

Corporate Governance

The financial results were reviewed by the audit committee and approved by the Board of Directors during their meeting on 12th February 2026. The company's statutory auditors, Sambhu N. De & Co., conducted a limited review of the financial results. The paid-up equity share capital remained unchanged at ₹1740.82 lakh with a face value of ₹10 per share.

Balurghat Technologies Limited has received a disclosure under SEBI Regulation 29(2) regarding share acquisition by its promoter group. Pawan Kumar Sethia and Pawan Kumar Sethia HUF acquired 247 shares of the company on December 29, 2025, through online mode.

Acquisition Details

The acquisition represents a minor increase in the promoter group's shareholding in the technology company. The transaction details show the acquisition of voting shares without any involvement of encumbered shares, voting rights other than shares, or convertible securities.

Shareholding Pattern Changes

The acquisition resulted in a marginal change in the absolute number of shares held by the promoter group, while the percentage holding remained constant due to rounding.

Company Share Capital Structure

Balurghat Technologies Limited maintains a total equity share capital of 1,82,00,000 shares, with each share having a face value of ₹10. The company's shares are listed on BSE Limited, and the total share capital information is based on the filing made under Regulation 31 of SEBI (LODR) 2015 for the quarter ended September 30, 2025.

Regulatory Compliance

The disclosure was made in compliance with SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The promoter group confirmed that no encumbered shares, voting rights other than equity shares, or convertible instruments were involved in this transaction. The acquisition maintains transparency in shareholding changes as required by regulatory frameworks for listed companies.