News Earnings Covidh Technologies Reports Q3 FY26 Net Loss of ₹28.20 Lakhs Despite Revenue GenerationCovidh Technologies Reports Q3 FY26 Net Loss of ₹28.20 Lakhs Despite Revenue Generation
Covidh Technologies Limited announced Q3 FY26 results showing a net loss of ₹28.20 lakhs despite first-time operational revenue of ₹19.32 lakhs. The company's expenses surged to ₹47.77 lakhs, primarily driven by other expenses of ₹47.09 lakhs. For the nine-month period, the company reported a net loss of ₹29.04 lakhs with total income of ₹20.57 lakhs.
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Covidh Technologies Limited announced its unaudited financial results for the third quarter of FY26 ended December 31, 2025, revealing a net loss of ₹28.20 lakhs despite generating operational revenue for the first time in recent quarters. The Board of Directors approved these results at their meeting held on February 10, 2026, pursuant to Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Financial Performance Overview
The company's Q3 FY26 performance showed mixed signals with the commencement of revenue generation offset by increased operational expenses. The following table summarizes the key financial metrics:
| Parameter: | Q3 FY26 | Q3 FY25 | Q2 FY26 |
|---|---|---|---|
| Revenue from Operations: | ₹19.32 lakhs | - | - |
| Total Income: | ₹19.57 lakhs | - | ₹1.00 lakh |
| Total Expenses: | ₹47.77 lakhs | ₹6.65 lakhs | ₹0.30 lakh |
| Net Loss: | ₹28.20 lakhs | ₹6.65 lakhs | Profit ₹0.70 lakh |
Revenue and Income Analysis
Covidh Technologies recorded revenue from operations of ₹19.32 lakhs in Q3 FY26, marking a significant development as the company had no operational revenue in the corresponding quarters of previous periods. Other income contributed ₹0.25 lakhs, bringing total income to ₹19.57 lakhs for the quarter.
Expense Structure
The company's expense profile was dominated by other expenses, which surged to ₹47.09 lakhs in Q3 FY26 compared to ₹6.65 lakhs in Q3 FY25. Employee benefit expenses stood at ₹0.68 lakhs for the quarter. Total expenses reached ₹47.77 lakhs, significantly higher than the ₹6.65 lakhs recorded in the corresponding quarter of the previous year.
Nine-Month Performance
For the nine-month period ended December 31, 2025, the company reported the following performance:
| Metric: | 9M FY26 | 9M FY25 |
|---|---|---|
| Total Income: | ₹20.57 lakhs | - |
| Total Expenses: | ₹49.61 lakhs | ₹8.90 lakhs |
| Net Loss: | ₹29.04 lakhs | ₹8.90 lakhs |
Earnings Per Share and Capital Structure
The company's earnings per share (EPS) for Q3 FY26 stood at ₹-2.02 compared to ₹-2.06 in Q3 FY25. The paid-up equity share capital increased significantly to ₹840.90 lakhs as of December 31, 2025, from ₹32.34 lakhs in the previous year, indicating a substantial capital infusion during the period.
Corporate Governance and Compliance
The unaudited financial results were reviewed by the Audit Committee and approved by the Board of Directors in compliance with Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The results were prepared in accordance with Indian Accounting Standards 34 (Ind AS-34) for Interim Financial Reporting. GMKS & Co, Chartered Accountants, conducted the limited review of these financial results, confirming compliance with applicable accounting standards and regulatory requirements. The company filed these results with BSE Limited under scrip code 534920.
Historical Stock Returns for Covidh Technologies
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +1.98% | +12.52% | +50.95% | +577.19% | +1,376.88% | +4,718.03% |
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