News Earnings Inditalia Refcon Limited Reports Q3 FY26 Loss of ₹3.04 Lacs Amid Zero Revenue OperationsInditalia Refcon Limited Reports Q3 FY26 Loss of ₹3.04 Lacs Amid Zero Revenue Operations
Inditalia Refcon Limited reported a net loss of ₹3.04 lacs for Q3 FY26 ended December 31, 2025, with zero revenue from operations. The company's nine-month cumulative loss reached ₹30.93 lacs compared to ₹5.47 lacs in the previous year. With no active business operations and a paid-up capital of ₹1190.07 lacs, the company continues to incur expenses primarily from employee benefits and other operational costs while generating no income.
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Inditalia Refcon Limited announced its unaudited financial results for the quarter ended December 31, 2025, revealing continued operational challenges with zero revenue generation. The company reported a net loss of ₹3.04 lacs for Q3 FY26, showing a marginal improvement from the ₹3.96 lacs loss recorded in the corresponding quarter of the previous year.
Financial Performance Overview
The company's financial performance reflects its current non-operational status, with no revenue from operations or other income sources during the quarter.
| Metric | Q3 FY26 (Dec 31, 2025) | Q3 FY25 (Dec 31, 2024) | Change |
|---|---|---|---|
| Revenue from Operations | ₹0.00 lacs | ₹0.00 lacs | No change |
| Other Income | ₹0.00 lacs | ₹0.00 lacs | No change |
| Total Revenue | ₹0.00 lacs | ₹0.00 lacs | No change |
| Net Loss | ₹3.04 lacs | ₹3.96 lacs | Reduced by ₹0.92 lacs |
Expense Analysis
Total expenses for the quarter amounted to ₹3.04 lacs, significantly lower than the ₹17.81 lacs recorded in the previous quarter ended September 30, 2025. The expense breakdown shows controlled operational costs despite the absence of revenue generation.
| Expense Category | Q3 FY26 | Q2 FY26 | Q3 FY25 |
|---|---|---|---|
| Employee Benefits | ₹0.27 lacs | ₹0.30 lacs | ₹0.30 lacs |
| Other Expenses | ₹2.77 lacs | ₹17.51 lacs | ₹3.66 lacs |
| Total Expenses | ₹3.04 lacs | ₹17.81 lacs | ₹3.96 lacs |
Nine-Month Performance
For the nine-month period ended December 31, 2025, Inditalia Refcon reported a cumulative net loss of ₹30.93 lacs compared to ₹5.47 lacs loss in the corresponding period of the previous year. The year-to-date total expenses reached ₹30.93 lacs, with other expenses constituting ₹30.06 lacs and employee benefits expenses accounting for ₹0.87 lacs.
Corporate Governance and Compliance
The Board of Directors, led by Managing Director Sujata Mittal, approved the unaudited financial results during a meeting held on February 13, 2026. The results were reviewed by the Audit Committee and received an unmodified opinion from auditors Shah Kailash & Associates LLP. The company confirmed no outstanding defaults on loans or debt securities and reported zero financial indebtedness.
Current Status
Inditalia Refcon maintains a paid-up equity share capital of ₹1190.07 lacs with a face value of ₹10 per share. The company has explicitly stated that it has no business activity at present, making segment reporting under Indian Accounting Standard 108 not applicable. The earnings per share remains negative across all reporting periods due to sustained losses and absence of operational revenue.
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