Hiliks Technologies Limited announced its unaudited financial results for the quarter ended December 31, 2025, presenting a mixed performance with substantial revenue growth offset by profitability challenges. The technology company, listed on BSE and Metropolitan Stock Exchange of India, submitted its quarterly results under Regulation 33 of SEBI regulations.

Financial Performance Overview

The company's Q3FY26 results revealed contrasting trends in revenue and profitability metrics. While the top-line performance showed remarkable growth, the bottom-line faced pressure due to increased operational expenses.

Revenue Growth and Operational Challenges

The standout feature of Q3FY26 was the exceptional revenue growth, with operations revenue jumping from ₹183.74 lakh in Q3FY25 to ₹803.86 lakh in Q3FY26. This substantial increase demonstrates the company's expanding business activities and market reach.

However, this revenue surge was accompanied by a proportionally higher increase in expenses. Total expenses rose to ₹830.35 lakh from ₹168.81 lakh in the previous year, primarily driven by purchases of stock-in-trade which increased to ₹678.76 lakh from nil in Q3FY25.

Nine-Month Performance Analysis

For the nine-month period ended December 31, 2025, Hiliks Technologies maintained overall profitability despite the quarterly loss:

Capital Structure and Equity Changes

The company's capital structure showed significant expansion during the period. Paid-up equity share capital increased to ₹1,075.00 lakh as of December 31, 2025, compared to ₹852.00 lakh in the corresponding period of the previous year. This represents a 26.2% increase in the equity base, indicating capital raising activities to support business growth.

Consolidated Results

On a consolidated basis, the company reported similar trends with a net loss of ₹27.27 lakh in Q3FY26 compared to a profit of ₹14.93 lakh in Q3FY25. The consolidated results include two subsidiaries: Hiliks Greens Private Limited and Hiliks Technologies Inc.

Regulatory Compliance and Audit

The financial results were reviewed by the audit committee and approved by the Board of Directors at their meeting held on February 12, 2026. The statutory auditors, A S K M & Co., conducted a limited review of the results as per Regulation 33 of SEBI regulations. The company also submitted a declaration regarding the non-applicability of Regulation 32 of SEBI (LODR) Regulations, 2015, confirming no requirement for deviation statements related to public issue proceeds.

Hiliks Technologies Limited has successfully completed its registered office relocation from Maharashtra to Telangana after receiving regulatory approval. The Hon'ble Regional Director, Western Region, Mumbai, approved the shifting through an order dated December 22, 2025, which was physically received by the company on January 2, 2026.

Regulatory Approval Details

The company informed stock exchanges about the completion of this significant corporate action under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The approval encompasses:

Shareholder Mandate Fulfilled

This regulatory approval follows the overwhelming shareholder support received earlier through a postal ballot conducted via remote e-voting. The special resolution achieved remarkable backing from stakeholders:

Corporate Restructuring Complete

The approved changes include the shifting of registered office from Maharashtra to Telangana and consequential amendment in Clause II of the Memorandum of Association. The voting process demonstrated strong institutional confidence with 25.38% turnout from 8,820,000 total shares.

The e-voting period ran from August 23, 2025, to September 21, 2025, with Mr. Alok Jain of Jain Alok & Associates serving as the scrutinizer. The record date was set for August 15, 2025, covering 2,014 total shareholders.

Current Status and Next Steps

With regulatory approval now secured, Hiliks Technologies has completed all necessary requirements for the office relocation. The company's Whole Time Director, Sandeep Copparapu (DIN: 08306534), signed the official intimation to stock exchanges confirming the successful completion of this corporate restructuring initiative.

The company continues to trade on BSE (539697) and Metropolitan Stock Exchange of India (HILIKS), with its operations now formally transitioned under the new registered office framework in Telangana.