Ind Bank Housing Limited has announced its unaudited financial results for the quarter ended 31st December 2025, marking a notable turnaround in its quarterly performance. The housing finance company, which is a subsidiary of Indian Bank, reported a profit of ₹6.33 lakhs for Q3FY26, representing a significant improvement from recent quarters.

Quarterly Financial Performance

The company's Q3FY26 results demonstrate a marked improvement in profitability compared to recent periods. The financial performance shows a clear recovery trajectory from previous quarters.

Revenue and Income Analysis

The company's revenue structure reflects its current operational status following regulatory changes. Total revenue for Q3FY26 reached ₹17.46 lakhs, entirely comprising other income, as revenue from operations remained at zero. This represents a substantial increase from ₹5.87 lakhs in the previous quarter and ₹6.76 lakhs in the corresponding quarter of the previous year.

Expense Management

Total expenses for the quarter stood at ₹11.13 lakhs, showing controlled cost management. The major expense components included:

• Employee Benefits Expense: ₹7.71 lakhs (compared to ₹7.53 lakhs in Q2FY26)
• Other Expenses: ₹3.41 lakhs (including a reversal of ₹1.20 lakhs in provision for non-performing assets)
• Depreciation: ₹0.01 lakhs

Year-to-Date Performance

Despite the positive quarterly results, the company's year-to-date performance for the nine months ended 31st December 2025 shows challenges:

Corporate Structure and Regulatory Status

The company maintains a paid-up equity share capital of ₹1,000.00 lakhs with a face value of ₹10 per share. However, reserves excluding revaluation reserves stand at negative ₹13,056.72 lakhs as of the balance sheet date.

Significantly, the company's Certificate of Registration to carry on housing finance business was cancelled by the RBI on 22nd September 2023. Following this regulatory action, the Board of Directors resolved not to carry on the business of Housing Finance Institution/Non-Banking Financial Institution from that date. The Board has also given in-principle consent to wind up the company, subject to shareholder and statutory approvals.

Board Approval and Compliance

The unaudited financial results were approved by the Board of Directors at their meeting held on 13th January 2026. The results have been subject to limited review by the company's auditors, A R Krishnan & Associates, Chartered Accountants. The audit committee reviewed the results before the Board's adoption, ensuring compliance with Indian Accounting Standards (Ind AS) and SEBI regulations.

The company's sole business activity remains housing finance, hence no segment reporting has been conducted. Previous year figures have been regrouped and reclassified where necessary to conform to current year classifications.

Ind Bank Housing Limited has announced that its Board of Directors will convene on January 13, 2026, to review and approve the company's unaudited financial results for the third quarter of fiscal year 2026. The meeting will also cover the nine-month period ended December 31, 2025.

Meeting Details and Venue

The board meeting is scheduled to take place at Indian Bank's Corporate office, located at 254-260, Avvai Shanmugam Salai, Royapettah, Chennai-14. The announcement was made in compliance with Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Trading Window Restrictions

In accordance with SEBI's Prevention of Insider Trading Regulations, 2015, and the company's internal code of conduct, Ind Bank Housing Limited has implemented a trading window closure for dealing in the company's securities. The trading window was closed effective January 1, 2026, and will remain closed until 48 hours after the financial results are officially declared to the stock exchange.

Regulatory Compliance

The company's announcement demonstrates adherence to regulatory requirements under SEBI LODR Regulations, 2015. The notice was signed by K. Aarthi, Company Secretary and Compliance Officer, and was digitally authenticated on January 7, 2026. The company trades on BSE under the scrip code 523465 with the symbol INDBNK.

Key Timeline

The upcoming board meeting represents a significant milestone for stakeholders as they await the company's financial performance for the third quarter and nine-month period of the current fiscal year.