News Earnings BWL Limited Reports Net Loss in Q3 FY26 as Manufacturing Operations Remain SuspendedBWL Limited Reports Net Loss in Q3 FY26 as Manufacturing Operations Remain Suspended
BWL Limited reported a net loss of Rs 0.14 lacs in Q3 FY26 versus a profit of Rs 266.46 lacs in Q3 FY25, with revenue from operations declining 98.21% to Rs 4.33 lacs. Nine-month results showed a net loss of Rs 20.94 lacs compared to a profit of Rs 254.11 lacs in the previous year. Manufacturing operations remain suspended due to working capital constraints, with management exploring restart possibilities with new product lines.
*this image is generated using AI for illustrative purposes only.
BWL Limited has announced its unaudited financial results for the quarter and nine months ended December 31, 2025, revealing challenging operational conditions with manufacturing activities remaining suspended due to working capital constraints.
Financial Performance Overview
The company's financial performance showed a stark contrast compared to the previous year, with significant declines across key metrics:
| Metric | Q3 FY26 | Q3 FY25 | Change |
|---|---|---|---|
| Revenue from Operations | Rs 4.33 lacs | Rs 242.32 lacs | -98.21% |
| Total Revenue | Rs 20.52 lacs | Rs 298.78 lacs | -93.13% |
| Net Profit/(Loss) | Rs (0.14) lacs | Rs 266.46 lacs | Loss |
| Earnings Per Share (Basic) | Rs 0.00 | Rs 3.82 | -100% |
Nine-Month Performance Analysis
For the nine-month period ended December 31, 2025, BWL Limited's performance continued to reflect operational challenges:
| Parameter | Nine Months FY26 | Nine Months FY25 | Variance |
|---|---|---|---|
| Revenue from Operations | Rs 13.20 lacs | Rs 248.66 lacs | -94.69% |
| Total Revenue | Rs 31.02 lacs | Rs 328.84 lacs | -90.57% |
| Net Loss | Rs (20.94) lacs | Rs 254.11 lacs (Profit) | Loss |
| Basic EPS | Rs (0.30) | Rs 3.64 | Negative |
Operational Status and Management Outlook
The company's manufacturing operations remain suspended due to working capital constraints, significantly impacting revenue generation capabilities. Management has indicated they are actively exploring possibilities to restart the manufacturing unit with new product lines, suggesting potential strategic shifts in the company's operational approach.
Legal Proceedings Update
BWL Limited provided updates on ongoing legal matters during the board meeting held on February 12, 2026. The company has filed a writ petition (civil) number 5899/2025 at Bilaspur High Court regarding the transfer of leasehold rights of land. The matter was heard on November 21, 2025, with the government being issued notice and granted three weeks to file their reply.
Corporate Governance and Compliance
The unaudited financial results were reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on February 12, 2026. G. Basu & Co., Chartered Accountants, the company's statutory auditors, conducted a limited review and issued an unmodified opinion on the interim financial results for the quarter and nine months ended December 31, 2025.
The company maintains a paid-up equity share capital of Rs 697.96 lacs with face value of Rs 10 per share, remaining unchanged from previous periods. BWL Limited continues to focus on addressing its working capital challenges while exploring strategic options for operational revival.
17
