Golden Carpets Ltd has announced its unaudited financial results for the quarter and nine months ended December 31, 2025, revealing mixed performance with quarterly losses widening despite improved nine-month metrics. The company published these results in compliance with Regulation 30 and 47 of SEBI listing requirements.

Quarterly Performance Analysis

The third quarter of FY26 presented challenging results for Golden Carpets Ltd, with the company reporting significantly deteriorated financial metrics compared to the previous year.

The company's total income from operations declined drastically to Rs 3.33 lakhs in Q3 FY26 from Rs 17.32 lakhs in the corresponding quarter of the previous year, representing a sharp 80.77% decrease. This substantial revenue decline contributed to the widening of net losses.

Nine-Month Performance Shows Recovery Signs

Despite the challenging quarterly results, Golden Carpets Ltd demonstrated improved performance over the nine-month period, indicating potential operational recovery.

For the nine months ended December 31, 2025, total income from operations increased significantly to Rs 81.71 lakhs compared to Rs 56.09 lakhs in the corresponding period of FY25, marking a 45.68% improvement. However, the net loss also increased to Rs 17.61 lakhs from Rs 12.00 lakhs in the previous year.

Financial Position and Capital Structure

Golden Carpets Ltd maintained a stable capital structure throughout the reporting periods:

• Equity Share Capital: Rs 649.02 lakhs (unchanged across all periods)
• Reserves: Nil across all reporting periods
• Total Comprehensive Income: Matched net profit/loss figures for all periods

The company's earnings per share reflected the operational challenges, with basic and diluted EPS remaining identical at Rs (0.34) for Q3 FY26 compared to Rs (0.10) in Q3 FY25.

Regulatory Compliance and Publication

The financial results were approved by the Board of Directors and published in Business Standard (English) and Mana Telangana (Regional) newspapers on February 12, 2026. The company fulfilled its obligations under SEBI Listing Obligations and Disclosure Requirements Regulations, 2015, with Managing Director Sri Krishna Naik signing the compliance documentation.

The complete detailed financial results are available on the BSE website and the company's official platform, providing stakeholders with comprehensive information about Golden Carpets Ltd's financial performance for the quarter and nine months ended December 31, 2025.

Golden Carpets Ltd, a manufacturer of quality carpets, has announced significant additions to its upcoming 31st Annual General Meeting (AGM) agenda. The company's Board of Directors has approved two special resolutions that will be presented for shareholder approval, aimed at enhancing the company's financial flexibility and meeting its working capital needs.

Increased Borrowing Limits

The first resolution proposes to increase the company's overall borrowing limits under Section 180(1)(c) of the Companies Act, 2013. If approved, Golden Carpets Ltd will be authorized to borrow up to Rs. 15.00 crores, a substantial increase from its current limit. This move is designed to provide the company with greater financial leverage to support its business plans.

Convertible Loan from Directors

The second resolution seeks approval for raising an interest-free unsecured loan of up to Rs. 5.00 crores from the company's directors. This loan comes with an option for the lenders to convert the loan, either in part or in full, into fully paid-up equity shares of the company. This convertible loan structure could potentially strengthen the company's balance sheet while aligning the interests of the directors with those of the shareholders.

Rationale and Implementation

The Board of Directors cited several reasons for these proposals:

1. To meet working capital requirements
2. To manage financial obligations
3. To support business plans

If approved, these resolutions will grant the Board flexibility in managing the company's finances. The conversion price of the loan into equity shares will be determined by the Board at the time of conversion, subject to compliance with applicable regulations.

Shareholder Voting

These new agenda items will be presented as Item No. 6 and Item No. 7 in the AGM. Shareholders can participate in the decision-making process through remote e-voting or by voting during the AGM itself.

Golden Carpets Ltd has emphasized that these measures are aimed at enhancing the company's financial position and operational capabilities. Shareholders will play a crucial role in determining the company's financial strategy as they vote on these resolutions at the upcoming AGM.

The company has made the full details of the addendum to the AGM notice available on its website, ensuring transparency and providing shareholders with comprehensive information to make informed decisions.