Hindustan Organic Chemicals Limited, a Government of India enterprise, announced its unaudited financial results for Q3 FY26 and nine months ended December 31, 2025. The Board of Directors approved these results during their 425th meeting held on February 12, 2026.

Financial Performance Overview

The company demonstrated significant improvement in its financial position, reporting a substantial reduction in net losses despite operational challenges. The quarterly results show marked progress in loss reduction alongside revenue adjustments.

Nine-Month Performance Analysis

For the nine months ended December 31, 2025, the company's performance showed marked improvement across key financial metrics with revenue growth and substantial loss reduction.

Operational Expenses and Cost Structure

The company's total expenses for Q3 FY26 amounted to ₹15,653.08 lakhs compared to ₹20,979.71 lakhs in Q3 FY25, reflecting improved cost management.

Legal and Regulatory Developments

The company recognized exceptional items totaling ₹31.58 lakhs in Q3 FY26, primarily related to interest on mesne profits. Following the Supreme Court's directive, the company now pays mesne profits at a revised interest rate of 6% per annum, reduced from the previously recognized 8% rate. The court has extended the payment timeline by six months.

Restructuring and Going Concern Status

Hindustan Organic Chemicals continues implementing its government-approved restructuring plan. The company's Phenol plant at Kochi remains operational, and the sale of unencumbered land at Rasayani is progressing. These factors support the preparation of financial statements on a going concern basis.

Consolidated Results and Subsidiary Performance

On a consolidated basis, including subsidiary Hindustan Fluorocarbons Limited, the company reported a net loss of ₹388.19 lakhs for Q3 FY26 compared to ₹7,915.81 lakhs in Q3 FY25. The subsidiary contributed a profit of ₹8.82 lakhs from discontinued operations during the quarter.

Hindustan Organic Chemicals Limited has announced a senior management change with the retirement of its Marketing Department head, effective December 31, 2025. The company filed the requisite regulatory disclosure under SEBI regulations to inform stakeholders of this management transition.

Management Transition Details

Shri P H Zubair, who serves as Chief General Manager and Head of the Marketing Department, will retire from the company's services on December 31, 2025, at the close of business hours. His departure marks the end of his tenure in the senior management role due to superannuation.

Following Zubair's retirement, Shri B Balachandran, Chief General Manager, will take over as the Head of the Marketing Department. The transition represents a planned succession within the company's existing senior management structure.

Regulatory Compliance

The company has fulfilled its disclosure obligations under Regulation 30 read with Schedule III (Part A) of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015. The formal intimation was submitted to BSE Limited, providing comprehensive details about the management change.

Documentation and Disclosure

The company secretary and compliance officer, Subramonian H, signed the regulatory filing on December 31, 2025. The disclosure includes all particulars required under SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, ensuring full compliance with regulatory requirements.

The management change represents a routine transition due to retirement, with the company maintaining continuity in its marketing operations through the appointment of an existing senior executive to the leadership role.