IEC Education Limited announced its unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2025. The Board of Directors approved these results during their meeting held on February 14, 2026.

Financial Performance Overview

The company's financial performance for Q3 FY26 showed mixed results compared to the previous year. While the quarterly loss decreased significantly, the nine-month performance deteriorated compared to the corresponding period.

Nine-Month Performance Analysis

The nine-month period ended December 31, 2025, presented a contrasting picture to the quarterly improvement. The company's cumulative losses increased substantially during this period.

Expense Structure

The company's expense structure remained consistent with previous periods, with no revenue generation activities. The primary expense components included:

• Employee Benefit Cost: ₹1.95 lakhs in Q3 FY26 compared to ₹5.66 lakhs in Q3 FY25
• Other Expenditure: ₹5.07 lakhs in Q3 FY26 versus ₹13.03 lakhs in Q3 FY25
• Finance Cost and Depreciation: Both remained at zero across all reported periods

Consolidated Results

The consolidated financial results, which include subsidiaries IEC Leasing and Capital Management Limited, IEC Learning & Management Limited, and IEC Education & Infrastructure Limited, mirrored the standalone performance with identical figures for the current quarter.

Auditor's Observations

The independent auditors S.N. Kapur & Associates highlighted several matters in their limited review report:

• The company has statutory liabilities with government authorities under various acts
• No amounts are due to MSME vendors
• ₹4.60 lakhs remains pending in share application money received for allotment, with no provision for interest or penalty

Share Capital Information

The company maintained a consistent equity share base of 152.60 lakhs shares throughout all reported periods, with no changes in the share capital structure.

IEC Education Limited has issued a clarification to BSE Limited regarding recent movement in its equity share prices, responding to a surveillance inquiry dated January 09, 2026. The company's Chief Executive Officer Navin Gupta submitted the formal response on January 13, 2026.

Regulatory Compliance Confirmation

The company confirmed its ongoing compliance with regulatory disclosure requirements. IEC Education Limited stated that it has been regularly adhering to the requirements of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company emphasized that it has promptly disclosed all material events and information that may impact its operations or performance.

Price Movement Analysis

Regarding the specific price movement inquiry, the company provided clear responses on key aspects:

Management Statement

The company explicitly stated that it is not in possession of any unpublished price sensitive information, including any impending announcement, corporate action, or material development that could have resulted in the equity share price movement. According to the management, the observed price movement appears to be driven by prevailing market conditions and factors beyond the company's direct control.

Future Disclosure Commitment

IEC Education Limited reaffirmed its commitment to regulatory compliance and transparency. The company assured that it will continue to comply with applicable disclosure requirements and will promptly inform the exchange of any material information when such events occur. This commitment underscores the company's dedication to maintaining transparent communication with stakeholders and regulatory authorities.

The clarification was digitally signed by CEO Navin Gupta and submitted through the company's official channels to BSE's surveillance department, completing the regulatory response process.