Hari Govind International Limited Reports Widened Loss in Q3FY26 Results
Hari Govind International Limited reported a net loss of ₹2.76 lakhs for Q3FY26 ended December 31, 2025, representing a 194% increase from ₹0.94 lakhs loss in Q3FY25. The nine-month cumulative loss widened to ₹13.17 lakhs compared to ₹10.15 lakhs in the previous year. The company generated no revenue during the quarter, with expenses comprising professional charges, legal expenses, and salary costs. Paid-up equity capital increased significantly to ₹852.50 lakhs from ₹500.00 lakhs, while basic earnings per share deteriorated to ₹(0.03) from ₹(0.02) in the corresponding quarter.
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Hari govind international Limited has released its unaudited financial results for the third quarter of FY26 ended December 31, 2025, revealing continued operational challenges with widened losses compared to the previous year. The Nagpur-based company reported no revenue from operations during the quarter, with expenses driving the overall financial performance.
Financial Performance Overview
The company's quarterly performance showed deterioration across key metrics:
| Metric | Q3 FY26 | Q3 FY25 | Change |
|---|---|---|---|
| Total Income | Nil | Nil | - |
| Total Expenses | ₹2.76 lakhs | ₹0.94 lakhs | +194% |
| Net Loss | ₹2.76 lakhs | ₹0.94 lakhs | +194% |
| Basic EPS | ₹(0.03) | ₹(0.02) | -50% |
Nine-Month Performance Analysis
The cumulative performance for the nine months ended December 31, 2025, reflected similar trends:
| Parameter | 9M FY26 | 9M FY25 | Variance |
|---|---|---|---|
| Total Expenses | ₹13.17 lakhs | ₹10.15 lakhs | +30% |
| Net Loss | ₹13.17 lakhs | ₹10.15 lakhs | +30% |
| Basic EPS | ₹(0.15) | ₹(0.20) | +25% |
Expense Breakdown
The company's expenses for Q3 FY26 consisted entirely of other expenses, with significant components including:
- Professional Charges: ₹1.62 lakhs (new expense item)
- Salary & Wages: ₹0.60 lakhs (unchanged from Q3 FY25)
- Legal Expenses: ₹0.50 lakhs (new expense item)
- Office Expenses: ₹0.05 lakhs
- Bank Charges & Commission: ₹0.00 lakhs
For the nine-month period, major expense categories included professional fees to ROC (₹7.08 lakhs), salary & wages (₹1.80 lakhs), and legal expenses (₹1.30 lakhs).
Capital Structure
The company's equity structure showed notable changes:
| Details | Current | Previous Year |
|---|---|---|
| Paid-up Equity Capital | ₹852.50 lakhs | ₹500.00 lakhs |
| Face Value per Share | ₹10.00 | ₹10.00 |
| Capital Increase | 70.5% | - |
Regulatory Compliance
The financial results were submitted pursuant to SEBI Circular No. SEBI/HO/CFD/CFD-PoD-2/CIR/P/2024/185 dated December 31, 2025, and BSE Circular No. 20250102-4. The results underwent limited review by statutory auditors C.V. Paturkar & Co., Chartered Accountants, and received approval from the company's Audit Committee and Board of Directors.
The company continues to operate without generating revenue from its core business activities, relying entirely on managing operational expenses while maintaining regulatory compliance requirements.
