Crysdale Industries Reports Q3FY26 Net Loss of ₹3.24 Lakhs, Nine-Month Losses at ₹10.29 Lakhs

2 min read Updated on 11 Feb 2026, 04:40 PM

Reviewed by

Riya DScanX News Team

AI Summary

Crysdale Industries Limited reported a net loss of ₹3.24 lakhs for Q3FY26 ended December 31, 2025, compared to ₹2.69 lakhs loss in Q3FY25. The company had no revenue from operations during the quarter, with expenses totaling ₹3.24 lakhs. For the nine-month period, losses stood at ₹10.29 lakhs versus ₹11.74 lakhs in the previous year. The Board approved these results on February 11, 2026.

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Crysdale Industries Limited (formerly known as Relson India Limited) announced its unaudited standalone and consolidated financial results for the quarter ended December 31, 2025. The company reported continued losses during the quarter, reflecting ongoing operational challenges.

Financial Performance Overview

The company's financial performance for Q3FY26 showed persistent losses across key metrics:

Metric	Q3FY26	Q3FY25	Change
Revenue from Operations	-	-	No change
Other Income	-	₹0.39 lakhs	Decline
Total Income	-	₹0.39 lakhs	Decline
Total Expenses	₹3.24 lakhs	₹3.08 lakhs	+5.2%
Net Loss	₹3.24 lakhs	₹2.69 lakhs	+20.4%

Expense Analysis

The company's expense structure remained concentrated in two primary categories. Employee benefits expenses constituted the largest component at ₹3.00 lakhs for Q3FY26, representing an increase from ₹2.70 lakhs in Q3FY25. Other expenses totaled ₹0.24 lakhs compared to ₹0.38 lakhs in the previous year quarter.

Nine-Month Performance

For the nine-month period ended December 31, 2025, the company's financial metrics showed:

Parameter	Nine Months FY26	Nine Months FY25	Variance
Total Income	₹0.19 lakhs	₹2.87 lakhs	-87.1%
Total Expenses	₹10.49 lakhs	₹14.61 lakhs	-28.2%
Net Loss	₹10.29 lakhs	₹11.74 lakhs	-12.4%

The nine-month results indicate a reduction in overall losses compared to the previous year, primarily due to lower total expenses.

Consolidated Results

The consolidated financial results, which include subsidiary Wergreen Industries Private Limited, showed similar performance trends. The consolidated net loss for Q3FY26 stood at ₹3.24 lakhs, with nine-month consolidated losses at ₹10.31 lakhs.

Earnings Per Share

Both basic and diluted earnings per share for Q3FY26 were negative at ₹0.20 compared to negative ₹0.16 in Q3FY25. For the nine-month period, EPS stood at negative ₹0.62 compared to negative ₹0.71 in the corresponding previous period. The company maintains a paid-up equity share capital of ₹165.00 lakhs with face value of ₹10 per share.

Board Approval and Compliance

The Board of Directors approved these unaudited financial results at their meeting held on February 11, 2026, which commenced at 2:45 PM and concluded at 3:40 PM. The results were signed by Ms. Swati Sahukara, who was authorized by the Board resolution dated November 14, 2025, to sign quarterly, half-yearly, and yearly financial results. The statutory auditors JMMK & Co. conducted a limited review of the quarterly results.