BEML Land Assets Limited announced its unaudited financial results for the quarter and nine months ended December 31, 2025, following the Board of Directors' 27th meeting held on January 23, 2026. The Government of India company under the Ministry of Defence continues to face operational challenges with no revenue generation during the reporting period.

Quarterly Financial Performance

The company reported a net loss of ₹46.04 lakhs for Q3FY26, representing a marginal increase from the ₹44.03 lakhs loss recorded in Q3FY25. The quarterly performance shows consistent operational challenges with zero revenue from operations across all reporting periods.

Nine-Month Performance Analysis

For the nine months ended December 31, 2025, BEML Land Assets reported a net loss of ₹373.68 lakhs compared to ₹332.88 lakhs in the corresponding period of the previous year. This represents a deterioration of ₹40.80 lakhs or 12.26% increase in losses year-over-year.

Expense Breakdown

The company's operational expenses for Q3FY26 were distributed across several categories. Employee benefits expense stood at ₹13.35 lakhs, showing an increase from ₹11.70 lakhs in Q3FY25. Finance costs remained the largest expense component at ₹28.46 lakhs, slightly lower than the ₹29.55 lakhs recorded in the previous year's corresponding quarter.

Financial Position and Ratios

The company maintains an equity share capital of ₹4,164.45 lakhs with reserves showing a deficit of ₹4,426.97 lakhs as of December 31, 2025. Key financial ratios indicate operational stress, with the Debt Service Coverage Ratio at (0.21) and Interest Service Coverage Ratio at (0.62) for the quarter. The Debt Equity Ratio stands at (1.01), reflecting the company's challenging financial position.

Regulatory Compliance and Governance

The Board meeting commenced at 11:30 hours and concluded at 13:30 hours on January 23, 2026. The unaudited financial results were prepared in accordance with Indian Accounting Standards and reviewed by the Audit Committee before Board approval. The company has made arrangements to publish the results extract in national and local newspapers as per regulatory requirements. The statutory auditors conducted a limited review of the financials, noting that the company currently does not have the requisite number of Independent Directors as mandated under SEBI regulations and the Companies Act.

BEML Land Assets Limited has formally notified stock exchanges about an upcoming board meeting scheduled to review its quarterly financial performance. The company, operating as a Schedule 'C' entity under the Ministry of Defence, Government of India, continues to maintain strict adherence to regulatory compliance requirements.

Board Meeting Details

The board meeting has been scheduled with specific parameters for reviewing the company's financial performance:

Trading Window Restrictions

In accordance with regulatory protocols, BEML Land Assets has implemented trading window restrictions to ensure compliance with insider trading regulations. The trading window closure affects market participants and company insiders during the financial results preparation period.

Regulatory Compliance Framework

The notification was issued pursuant to Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015. This regulation mandates listed companies to inform stock exchanges about board meetings where financial results will be considered. The company has notified both major Indian stock exchanges about the scheduled meeting.

Corporate Structure and Governance

BEML Land Assets Limited operates with the Corporate Identification Number L70109KA2021GOI149486 and maintains its status as a Schedule 'C' company under the Ministry of Defence, Government of India. The company secretary and compliance officer, Ravisekhar Rao S V, signed the official communication to ensure proper regulatory adherence.

The upcoming board meeting represents a routine quarterly review process, allowing the company to present its financial performance for the third quarter of fiscal year 2026 to stakeholders and regulatory authorities.