Ind Bank Housing Ltd, a subsidiary of Indian Bank, has announced its unaudited financial results for the quarter ended December 31, 2025, demonstrating a notable recovery in its quarterly performance. The Chennai-based housing finance company reported a net profit of ₹6.33 lakhs for Q3FY26, marking a significant turnaround from the net loss of ₹5.16 lakhs recorded in the corresponding quarter of the previous year.

Financial Performance Overview

The company's quarterly results show substantial improvement across key metrics. Total income for the quarter reached ₹17.46 lakhs, representing a remarkable increase from ₹6.76 lakhs in Q3FY25. This growth in revenue contributed to the company's ability to achieve profitability during the quarter.

Nine-Month Performance Analysis

While the quarterly results show improvement, the nine-month period ending December 31, 2025, presents a different picture. The company reported a net loss of ₹7.07 lakhs for the nine-month period, with total income of ₹29.56 lakhs. The earnings per share for the nine-month period stood at negative ₹0.07 for both basic and diluted calculations.

Capital Structure and Reserves

The company maintains a stable equity share capital of ₹1,000.00 lakhs, unchanged from the previous year. However, the reserves position shows a significant deficit of ₹13,056.72 lakhs, compared to ₹12,987.66 lakhs in the previous year, indicating an increase in accumulated losses.

Regulatory Compliance

The financial results were prepared in accordance with Regulation 33 of the SEBI (Listing and Other Disclosure Requirements) Regulations, 2015. The company has published the results in Business Standard (English) and Makkal Kural (Tamil) newspapers on January 14, 2026, fulfilling its disclosure obligations to stakeholders.

Company Background

Ind Bank Housing Ltd operates as a subsidiary of Indian Bank and is engaged in housing finance business. The company is headquartered in Chennai with its registered office at Khivraj Complex I, Anna Salai, Nandanam. Despite facing challenges reflected in its reserve deficit, the quarterly profit indicates potential signs of operational recovery.

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.