Flex Foods Limited Reports Q3 FY26 Net Loss of Rs 786 Lakhs
Flex Foods Limited reported a net loss of Rs 786 lakhs for Q3 FY26 ended December 31, 2025, compared to Rs 766 lakhs loss in the corresponding quarter last year. Despite revenue from operations growing 63.5% to Rs 4,594 lakhs, total expenses increased 46.7% to Rs 5,636 lakhs. For the nine-month period, the company posted a net loss of Rs 2,930 lakhs against Rs 2,726 lakhs in the previous year, with revenue from operations at Rs 13,561 lakhs. The results were approved by the Board on February 6, 2026.
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Flex Foods Limited has announced its unaudited financial results for the quarter and nine months ended December 31, 2025, revealing continued operational challenges with widening losses across key financial metrics.
Financial Performance Overview
The company's financial performance for the third quarter of FY26 shows persistent losses, with several key metrics indicating ongoing operational difficulties.
| Metric | Q3 FY26 | Q3 FY25 | Change |
|---|---|---|---|
| Revenue from Operations | Rs 4,594 lakhs | Rs 2,810 lakhs | +63.5% |
| Net Loss | Rs 786 lakhs | Rs 766 lakhs | -2.6% |
| Basic EPS | Rs (6.31) | Rs (6.15) | -2.6% |
| Total Expenses | Rs 5,636 lakhs | Rs 3,841 lakhs | +46.7% |
Nine-Month Performance Analysis
For the nine-month period ended December 31, 2025, Flex Foods reported deteriorating financial metrics compared to the corresponding period in the previous year.
| Parameter | Nine Months FY26 | Nine Months FY25 | Variance |
|---|---|---|---|
| Total Revenue from Operations | Rs 13,561 lakhs | Rs 10,451 lakhs | +29.8% |
| Net Loss | Rs 2,930 lakhs | Rs 2,726 lakhs | -7.5% |
| Cost of Materials Consumed | Rs 4,544 lakhs | Rs 3,274 lakhs | +38.8% |
| Finance Cost | Rs 1,947 lakhs | Rs 1,696 lakhs | +14.8% |
Expense Structure and Cost Analysis
The company's expense structure reveals significant cost pressures across multiple categories. Other expenses increased substantially to Rs 1,316 lakhs in Q3 FY26 from Rs 469 lakhs in Q3 FY25. Power and fuel costs rose to Rs 899 lakhs from Rs 640 lakhs year-on-year. Employee benefit expenses remained relatively stable at Rs 726 lakhs compared to Rs 703 lakhs in the previous year quarter.
Operational Highlights
Despite revenue growth of 63.5% in the quarter, the company's total expenses increased by 46.7%, resulting in continued losses. The company operates in a single reportable segment, focusing on food processing operations. Finance costs for the quarter stood at Rs 650 lakhs, reflecting the company's debt obligations.
Corporate Governance and Compliance
The financial results were reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on February 6, 2026. The results have undergone limited review by statutory auditors MJMJ & Associates LLP. The company maintains its paid-up equity share capital at Rs 1,245 lakhs with a face value of Rs 10 per share.
Regulatory Updates
The company noted that the Government of India's consolidation of 29 existing labour legislations into four unified labour codes, effective from November 21, 2025, has been assessed to have no material incremental impact on the company's operations.
Historical Stock Returns for Flex Foods
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -5.34% | -9.40% | -10.02% | -27.27% | -39.95% | -46.76% |
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