INDSIL Hydro Power & Manganese Limited has announced its unaudited financial results for the quarter and nine months ended December 31, 2025, demonstrating strong operational performance across its business segments. The Board of Directors approved these results in their meeting held on January 28, 2026.

Financial Performance Overview

The company delivered robust financial results for Q3FY26, with significant improvements in profitability metrics compared to the previous year.

Nine Months Performance

For the nine months ended December 31, 2025, the company maintained strong momentum with substantial growth in key financial parameters.

| Parameter | 9M FY26 | Details | | ---: | :--- | | Revenue from Operations | ₹11,372.67 lakhs | | Total Income | ₹11,557.18 lakhs | | Net Profit | ₹1,390.35 lakhs | | Basic EPS | ₹5.00 |

Segment-wise Analysis

The company operates through two primary business segments - Ferro Alloys and Power generation. The segment performance for Q3FY26 showed contrasting results:

Ferro Alloys Segment

• Segment revenue: ₹3,694.76 lakhs
• Segment result (loss): ₹(363.06) lakhs
• Capital employed: ₹19,673.21 lakhs

Power Segment

• Segment revenue: ₹555.38 lakhs
• Segment result (profit): ₹728.26 lakhs
• Capital employed: ₹1,360.62 lakhs

Cost Structure and Expenses

The company's total expenses for Q3FY26 amounted to ₹3,329.72 lakhs, with the major components being:

• Cost of materials consumed: ₹2,200.97 lakhs
• Other expenses: ₹730.07 lakhs
• Employee benefit expenses: ₹336.72 lakhs
• Depreciation and amortization: ₹77.12 lakhs

Subsidiary Development

A notable development during the quarter was the incorporation of Indsil Infrastructure Limited as a wholly owned subsidiary on October 23, 2025. The company infused capital into this new subsidiary during the same quarter, marking its expansion into infrastructure-related activities.

Regulatory Compliance

The financial results have been prepared in accordance with Indian Accounting Standards (Ind AS) and have been reviewed by statutory auditors Divya K R and Associates. The results comply with Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company maintains its paid-up equity share capital at ₹2,779.11 lakhs with a face value of ₹10 per share.

Indsil Hydro Power & Manganese has successfully completed its postal ballot process for the appointment of five directors, with all resolutions receiving overwhelming shareholder approval. The company announced the results on December 19, 2025, marking the completion of a strategic leadership enhancement initiative.

Postal Ballot Results Overview

The voting process concluded on December 18, 2025, with results declared on December 19, 2025. All five proposed director appointments were approved with requisite majority by the shareholders.

Director Appointments Approved

Subbia Thangaraj (DIN: 06459324)

• Dual Role Approval: Appointed as both Non-Independent Director and Whole-time Director
• Experience: Over three decades of industry experience
• Qualification: B.A. Economics graduate
• Proposed Monthly Salary: ₹60,000.00
• Voting Results: 100.00% approval for Non-Independent Director role, 99.99% for Whole-time Director position

Vishwaa Narasiman (DIN: 08110767)

• Position: Non-Executive Non-Independent Director
• Qualification: MBA from University of Nottingham, U.K.
• Expertise: Sales and Marketing
• Background: Currently associated with a Media Tech Company
• Voting Result: 99.99% approval

Rudra Narsiman (DIN: 08999895)

• Position: Non-Executive Non-Independent Director
• Qualification: Economics graduate from University of Michigan, Ann Arbor, USA
• Background: Associated with a Private Equity Fund as finance professional
• Expertise: Financial engineering
• Voting Result: 99.99% approval

Anu Murali (DIN: 11327305)

• Position: Independent Director
• Qualification: Commerce graduate
• Expertise: Finance and Accounts
• Voting Result: 99.99% approval

Voting Statistics

Corporate Governance Process

The postal ballot was conducted through remote e-voting via the National Securities Depository Limited (NSDL) platform. The process was overseen by Sri. M. D. Selvaraj, FCS, Managing Partner of M/s. MDS & Associates LLP, who served as the Scrutinizer to ensure fair and transparent voting.

The appointments align with the company's strategy to strengthen its leadership team with experienced professionals across various domains including finance, marketing, and industry operations. The overwhelming shareholder support demonstrates confidence in the proposed leadership changes.