Bengal & Assam Company Limited announced its unaudited financial results for the third quarter and nine months ended December 31, 2025, revealing mixed performance with significant revenue growth offset by declining profitability. The diversified investment company, which operates across multiple sectors including tyre, paper, cement, and polymer & textile segments, reported results that reflect both operational challenges and strategic developments.

Financial Performance Overview

The company's standalone financial performance for Q3FY26 showed contrasting trends in revenue and profitability metrics. While revenue growth was substantial, profit margins came under pressure during the quarter.

Revenue Composition and Growth Drivers

The remarkable revenue growth was primarily driven by increased sales of products, which reached ₹2,844.86 lakhs in Q3FY26 compared to just ₹19.24 lakhs in the previous year. Interest income remained relatively stable at ₹137.34 lakhs versus ₹143.95 lakhs in Q3FY25. The company also recorded net gains on fair value changes, with realized gains of ₹273.46 lakhs, though unrealized losses of ₹24.38 lakhs partially offset these gains.

Nine-Month Performance Analysis

For the nine-month period ended December 31, 2025, Bengal & Assam demonstrated stronger overall performance with improved profitability trends.

Segment-wise Performance

The company's diversified business portfolio showed varied performance across different segments. The segment reporting revealed significant contributions from multiple business verticals, with the polymer & textile segment showing notable activity in the consolidated results.

Exceptional Items and Tax Impact

Bengal & Assam recorded exceptional items of ₹243.86 lakhs in Q3FY26, related to the impact of new Labour Codes notified by the Government of India effective November 21, 2025. The company assessed an incremental impact towards retiral obligations and disclosed this as an exceptional item. Current tax expense for the quarter stood at ₹78.00 lakhs, while the company benefited from a deferred tax credit of ₹32.94 lakhs.

Corporate Developments

The Board of Directors approved a significant corporate restructuring proposal during their meeting held on February 13, 2026. The company plans to shift its registered office from its current location at 7, Council House Street, Kolkata to the State of Haryana, subject to requisite approvals from shareholders through postal ballot and the Central Government.

Scheme of Arrangement Impact

The financial results incorporate the impact of a Composite Scheme of Arrangement among Umang Dairies Limited, Bengal & Assam Company Limited, and Panchmahal Properties Limited, which became effective on June 17, 2025, with an appointed date of April 1, 2023. This scheme has resulted in the restatement of comparative financial figures.

Bengal & Assam Company's Q3FY26 results reflect the complex dynamics of a diversified investment company navigating operational expansion while managing profitability pressures. The substantial revenue growth indicates successful business development initiatives, though the decline in quarterly profits suggests the need for improved operational efficiency and cost management.

Bengal & Assam Company Limited has announced that its board of directors will convene on February 13, 2026, to review and approve the company's unaudited financial results for the third quarter and nine months ended December 31, 2025. The meeting is scheduled to take place in New Delhi as part of the company's regular financial reporting obligations.

Board Meeting Details

The board meeting has been convened in compliance with Regulation 29 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The primary agenda includes the approval of unaudited financial results covering the company's performance for the third quarter and the nine-month period ending December 31, 2025.

Trading Window Closure

In accordance with SEBI (Prohibition of Insider Trading) Regulations, 2015 and the company's Code of Conduct to Regulate, Monitor and Report Trading by Designated Persons, Bengal & Assam Company Limited has implemented a trading window closure. The trading window has been closed since January 1, 2026, and is scheduled to reopen on February 16, 2026.

Company Information

Bengal & Assam Company Limited, a member of the JK Group, operates with its registered office located at 7, Council House Street, Kolkata, West Bengal. The company's secretarial department is housed at Gulab Bhawan, 3rd Floor, 6A, Bahadur Shah Zafar Marg, New Delhi. The announcement was signed by Company Secretary Dillip Kumar Swain on February 6, 2026.

The company trades on BSE with scrip code 533095 and maintains its corporate website at www.bengalassam.com . As part of the JK Group, Bengal & Assam Company Limited carries forward a legacy of 140 years in business operations.