Ester Industries announced its unaudited financial results for the quarter ended December 31, 2025, reporting a consolidated net loss and significant operational challenges. The Board of Directors also approved key leadership re-appointments during their meeting held on February 6, 2026.

Financial Performance Overview

The company's consolidated financial results show a marked deterioration in performance compared to the previous year. Revenue from operations declined to ₹33,898.02 million from ₹34,557.68 million in the corresponding quarter of the previous year.

Segment-wise Performance Analysis

The company operates through two primary business segments with mixed performance during the quarter. The Polyester chips and film segment recorded revenue of ₹28,773.61 million compared to ₹31,594.05 million in the previous year, while the Speciality polymers segment showed growth with revenue of ₹5,124.41 million against ₹2,963.63 million in Q3 FY25.

Corporate Governance Developments

The Board of Directors approved significant leadership decisions during their February 6, 2026 meeting. The company announced the re-appointment of Mr. Arvind Singhania as Managing Director designated as Executive Chairman & CEO for another three-year term from April 1, 2026, to March 31, 2029, subject to shareholder approval.

Operational and Regulatory Updates

The company has been impacted by the implementation of New Labour Codes effective November 21, 2025, which resulted in a one-time increase in employee benefit provisions of ₹267.14 million for the consolidated entity. Additionally, the company granted 19,188 stock options under the ESOP 2024 plan on January 8, 2026, with an exercise price of ₹79 per share.

The financial results demonstrate the challenges faced by the company in maintaining profitability amid operational headwinds, while the leadership continuity through re-appointments indicates strategic stability for the upcoming period.

Ester Industries Limited has announced a comprehensive schedule for its Q3FY26 financial results disclosure, including both a board meeting and subsequent earnings call with investors and analysts. The company has formally notified stock exchanges about the upcoming board meeting on February 6, 2026, followed by an earnings call on February 9, 2026.

Board Meeting Details

The notification, dated February 2, 2026, was sent to both BSE Limited and National Stock Exchange of India Limited in compliance with regulatory requirements. The board meeting will focus on reviewing and approving the company's unaudited financial results for specific reporting periods.

Earnings Call Schedule

Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Ester Industries has scheduled an earnings call for investors and analysts to discuss the financial position for the quarter and nine months ended December 31, 2025.

International Access Numbers

The earnings call will accommodate global participation with dedicated access numbers for various regions.

Regulatory Compliance

The board meeting has been scheduled pursuant to Regulation 29 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. In accordance with SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's internal Code of Conduct, Ester Industries has implemented trading restrictions for its securities. The trading window will remain closed until 48 hours after the declaration of the financial results.

Corporate Communication

Both notifications were signed by Poornima Gupta, Company Secretary & Compliance Officer (Membership No: A49876), and digitally authenticated on February 2, 2026. The company maintains its corporate office in Gurgaon, Haryana, while its registered office and manufacturing works are located in Khatima, Udhampur, Jammu & Kashmir.