Chennai ferrous Industries Limited has announced its unaudited financial results for the quarter ended December 31, 2025, revealing a challenging performance with the company reporting a net loss during the quarter. The results were approved by the Board of Directors at their meeting held on February 10, 2026, and have been subjected to a limited review by the statutory auditors.

Quarterly Financial Performance

The company's financial performance for Q3FY26 showed a significant decline compared to the corresponding quarter of the previous year. The quarterly results highlight substantial challenges in operational performance and revenue generation.

Nine-Month Performance Analysis

Despite the quarterly loss, the company maintained profitability for the nine-month period ended December 31, 2025. The nine-month performance provides a broader perspective on the company's operational capabilities.

Operational and Financial Details

The company operates in a single segment focusing on trading in coal. The quarterly results show minimal purchase of stock-in-trade compared to previous periods, with no purchases recorded in Q3FY26 versus ₹3,015.41 lakhs in the previous quarter and ₹1,931.32 lakhs in Q3FY25.

Employee benefits expense remained relatively stable at ₹63.92 lakhs for Q3FY26 compared to ₹32.56 lakhs in Q3FY25. Other expenses increased to ₹110.41 lakhs from ₹87.17 lakhs in the corresponding quarter of the previous year.

Earnings Per Share and Capital Structure

The company's earnings per share for Q3FY26 stood at negative ₹2.10 compared to positive ₹3.09 in Q3FY25. The paid-up equity share capital remained unchanged at ₹360.45 lakhs with a face value of ₹10 per share. For the nine-month period, the earnings per share was ₹3.90 compared to ₹10.61 in the previous year.

Regulatory Compliance and Auditor Review

The financial results were prepared in accordance with Indian Accounting Standard 34 for Interim Financial Reporting and reviewed by M/s. Aayush Bohra A & Co., the company's statutory auditors. The auditors conducted their review in accordance with Standard on Review Engagement 2410 and found no material misstatements in the financial results. The company confirmed that the trading window for dealing in securities would be opened after 48 hours from the conclusion of the Board Meeting.

Chennai Ferrous Industries Limited , a company operating in the coal trading segment, has reported a net loss for the quarter ended September 30, according to its recently released financial results.

Financial Performance

The company's financial performance for Q2 shows a significant downturn compared to the same period last year:

Chennai Ferrous Industries reported a net loss of Rs 14.48 lacs for the quarter, compared to a net profit of Rs 97.05 lacs in the corresponding quarter of the previous year. This represents a significant decline in the company's bottom line.

The revenue from operations also saw a decrease, falling to Rs 5,650.60 lacs from Rs 6,859.08 lacs in the same quarter of the previous year, marking a 17.62% reduction year-over-year.

Half-Year Performance

For the half-year period, the company's performance showed some resilience:

Despite the challenging quarter, Chennai Ferrous Industries managed to achieve a net profit of Rs 218.28 lacs for the half-year, although this was lower than the Rs 270.93 lacs reported in the corresponding period last year.

Operational Highlights

The company operates in coal trading as its single business segment. The Board of Directors approved these unaudited financial results in their meeting held on November 12.

Balance Sheet Position

As of September 30, the company's balance sheet shows:

The company's total assets stood at Rs 7,893.74 lacs, showing a slight decrease from Rs 8,062.09 lacs as of the previous period. However, the total equity increased to Rs 5,423.67 lacs from Rs 5,205.38 lacs, indicating some improvement in the company's net worth.

Cash Flow Position

The cash flow statement for the half-year reveals:

• Net Cash Flow from Operating Activities: Rs 446.00 lacs
• Net Cash Flow from Financing Activities: Rs (166.83) lacs
• Net Increase in Cash & Cash Equivalents: Rs 279.18 lacs

The company's cash and cash equivalents increased from Rs 49.57 lacs at the beginning of the period to Rs 328.75 lacs at the end of the current period.

Chennai Ferrous Industries Limited's financial results for the recent quarter reflect the challenges faced by the company in the coal trading sector. While the quarterly performance shows a decline, the half-yearly results indicate that the company has managed to maintain profitability despite the adverse conditions. Investors and stakeholders will be watching closely to see how the company navigates these challenges in the coming quarters.