Baroda extrusion Limited has published the extract of its unaudited financial results for the third quarter of fiscal year 2026, ending December 31, 2025, in newspapers as per regulatory compliance requirements.

Regulatory Compliance and Publication

Following the board meeting held on February 12, 2026, the company published the extract of its Q3FY26 financial results in Business Standard (English language newspaper with nationwide circulation) and Loksatta (regional language newspaper) at Vadodara, Gujarat on February 13, 2026.

Financial Performance Overview

The company reported strong financial performance for Q3FY26, demonstrating growth across key metrics compared to the previous year.

Nine-Month Performance

For the nine months ended December 31, 2025, Baroda Extrusion showed significant improvement in profitability metrics.

Board Meeting and Corporate Actions

The board meeting was conducted on February 12, 2026, at the company's registered office in Vadodara, Gujarat. The meeting commenced at 14:00 hours and concluded at 14:30 hours.

The results were reviewed by statutory auditors and recommended by the audit committee before board approval. The company also approved a loan taken from Mr. Alpesh Kanugo, Director of the company, during the same meeting.

Baroda Extrusion Limited has reported a robust financial performance for the second quarter of fiscal year 2025-26, alongside a significant equity fundraising initiative. The company, which specializes in copper tubes and bars, has shown marked improvement in its revenue and profitability.

Financial Highlights

For the quarter ended September 30, 2025, Baroda Extrusion reported the following key figures:

The company's performance for the first half of FY2025-26 also showed significant growth:

Equity Fundraising

During the quarter, Baroda Extrusion completed a substantial preferential issue of equity shares:

• Total shares issued: 4.53 crore
• Issue price: ₹8.25 per share (Face Value: ₹1, Securities Premium: ₹7.25)
• Total funds raised: ₹37.40 crore

The fundraising was structured as follows:

1. Conversion of unsecured loans: ₹20 crore (2.42 crore shares)
2. Fresh fund infusion: ₹17.40 crore (2.11 crore shares)

This equity infusion has significantly strengthened the company's balance sheet, with the total equity increasing to ₹197.08 crore as of September 30, 2025, compared to a negative ₹197.03 crore as of March 31, 2025.

Operational Performance

The company's improved financial performance can be attributed to increased demand for its copper products and effective cost management. The cost of materials consumed rose in line with revenue growth, indicating steady operational efficiency.

Auditor's Observation

The company's auditors have noted a qualification regarding advances received for the supply of goods. An amount of ₹64.86 lakhs in customer advances has not been appropriated against the supply of goods within the 365-day period required by the Companies Act, 2013.

Outlook

With a strengthened balance sheet and improved profitability, Baroda Extrusion appears well-positioned to capitalize on growth opportunities in the copper tubes and bars market. However, investors should monitor how the company addresses the auditor's qualification and manages its working capital in the coming quarters.

The company's board meeting to approve these results was held on November 11, 2025, demonstrating timely reporting of its financial performance to stakeholders.