Fedders Holding Limited Announces Q3FY26 Financial Results
Fedders Holding Limited announced Q3FY26 results showing consolidated total income of 11,694.16 lakhs and net profit of 3,669.64 lakhs for the quarter ended December 31, 2025. The company's nine-month consolidated net profit reached 6,757.06 lakhs. Auditors issued qualified conclusions due to several compliance issues in subsidiary Fedders Electric and Engineering Limited, including ₹47.65 lakhs not transferred to Investor Education Fund and inadequate record maintenance.
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Fedders Holding Limited announced its Q3FY26 quarterly results for the quarter ended December 31, 2025, following a board meeting held on February 13, 2026. The company approved unaudited standalone and consolidated financial results along with limited review reports from statutory auditors O. Aggarwal & Co. Chartered Accountants.
Financial Performance Overview
The company's consolidated financial results demonstrated significant growth across key metrics for the quarter ended December 31, 2025:
| Metric | Q3FY26 | Q3FY25 | Change |
|---|---|---|---|
| Total Income | 11,694.16 lakhs | 9,343.92 lakhs | +25.15% |
| Net Profit | 3,669.64 lakhs | 403.39 lakhs | +809.55% |
| Earnings Per Share (Basic) | ₹1.82 | ₹0.27 | +574.07% |
For the nine-month period ended December 31, 2025, consolidated performance showed:
| Parameter | Nine Months FY26 | Nine Months FY25 | Growth |
|---|---|---|---|
| Total Income | 26,284.41 lakhs | 33,874.86 lakhs | -22.41% |
| Net Profit | 6,757.06 lakhs | 3,108.81 lakhs | +117.38% |
| Basic EPS | ₹3.35 | ₹2.10 | +59.52% |
Standalone Results
The standalone financial performance for Q3FY26 showed total income of 0.75 lakhs compared to 42.88 lakhs in Q3FY25, with a net loss of 7.22 lakhs versus a net profit of 8.16 lakhs in the corresponding previous quarter. For the nine-month period, standalone total income was 2.68 lakhs with a net loss of 30.84 lakhs.
Auditor Qualifications
The statutory auditors issued qualified conclusions for the consolidated financial results due to several matters related to the subsidiary Fedders Electric and Engineering Limited:
- Amount of ₹47.65 lakhs required to be transferred to Investor Education and Protection Fund till December 31, 2025, which was not transferred
- Inadequate maintenance of fixed assets register for assets handed over during management takeover
- Lack of proper inventory records for scrap materials from previous management
- Non-compliance with Ind AS 109 requirements for financial instruments regarding preference shares
- Insufficient documentation for tour and travelling expenses paid through credit cards
- Recognition of trade receivable of ₹26.44 crore in other income that were previously written off
Corporate Structure
The consolidated results include two wholly owned subsidiaries:
| Subsidiary | Nine-Month Revenue | Nine-Month Net Profit |
|---|---|---|
| Fedders Electric and Engineering Limited | 21,049.54 lakhs | 7,120.78 lakhs |
| IM+ Investments & Capital Private Limited | 13.63 lakhs | 4.97 lakhs |
Recent Developments
The company allotted 200,000 equity shares to warrant holders on October 19, 2025, at ₹57.20 per share including premium of ₹56.20. Additionally, 9,800,000 warrants were forfeited during the quarter and nine months ended December 31, 2025, due to non-payment of balance amounts by warrant holders within the stipulated time period.
The board meeting commenced at 3:00 PM and concluded at 4:45 PM on February 13, 2026, at the company's registered office in Ghaziabad, Uttar Pradesh.
Historical Stock Returns for Fedders Holding
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.47% | -4.19% | -7.47% | -6.20% | -14.68% | +551.52% |
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