Ishaan Infrastructure & Shelters Limited has announced its unaudited financial results for the third quarter and nine months ended December 31, 2025. The company's board of directors approved these results during a meeting held on February 11, 2026, at the company's registered office in Ahmedabad.

Financial Performance Overview

The company's financial performance showed a significant decline in Q3 FY26 compared to the corresponding quarter of the previous year. The results highlight operational challenges with zero revenue generation during the current quarter.

Expense Analysis

Despite generating no revenue, the company incurred total expenses of ₹4.90 lakhs in Q3 FY26, compared to ₹6.46 lakhs in Q3 FY25. The expense breakdown reveals controlled operational costs during the quarter.

Nine-Month Performance

For the nine months ended December 31, 2025, the company reported a net loss of ₹14.94 lakhs compared to a net profit of ₹9.51 lakhs in the corresponding period of FY25. The company generated zero operational revenue during the nine-month period, while it had earned ₹19.50 lakhs in the same period last year.

Earnings Per Share and Capital Structure

The company's earnings per share (EPS) for Q3 FY26 stood at ₹(0.07) compared to ₹0.27 in Q3 FY25. The paid-up equity share capital remained unchanged at ₹647.46 lakhs with a face value of ₹10 per share. For the nine-month period, the EPS was ₹(0.23) against ₹0.15 in the previous year.

Regulatory Compliance

The financial results were prepared in accordance with Indian Accounting Standards (Ind AS) and reviewed by the company's statutory auditors, Prakash Tekwani & Associates. The auditors conducted a limited review as per Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The audit committee reviewed the results before board approval, ensuring compliance with regulatory requirements.

Ishaan Infrastructure & Shelters Limited (IISL) has released its unaudited financial results for the first quarter ended June 30, 2025, revealing a net loss for the period. The company's Board of Directors approved these results during a meeting held on August 13, 2025, at their registered office in Ahmedabad.

Financial Performance

The company's financial performance for Q1 FY2026 shows a challenging start to the fiscal year. Here's a breakdown of the key financial metrics:

Key Observations

1. Revenue Decline: IISL reported no revenue from operations in Q1 FY2026, compared to ₹50.00 lakhs in the previous quarter (Q4 FY2025).

2. Continued Losses: The company recorded a net loss of ₹0.56 lakhs for the quarter, although this represents an improvement from the ₹6.33 lakhs loss in Q4 FY2025 and ₹3.33 lakhs loss in Q1 FY2025.

3. Expense Management: Total expenses for Q1 FY2026 were significantly reduced to ₹0.30 lakhs, down from ₹56.34 lakhs in the previous quarter and ₹6.39 lakhs in the same quarter last year.

4. No Other Income: Unlike previous quarters, the company did not report any other income for Q1 FY2026.

Audit Review

The statutory auditors, Prakash Tekwani & Associates, conducted a limited review of the Q1 FY2026 results and provided an unqualified opinion. This indicates that the auditors found no material misstatements or departures from the applicable accounting standards in the financial results.

Corporate Governance

The financial results were reviewed by the Audit Committee before being approved by the Board of Directors, in compliance with regulatory requirements. The company operates in a single business segment and has prepared its financial statements in accordance with Indian Accounting Standards (Ind AS) as prescribed under section 133 of the Companies Act, 2013.

Conclusion

While Ishaan Infrastructure & Shelters Limited continues to face challenges, as evidenced by the absence of operational revenue and ongoing losses, the company has managed to significantly reduce its expenses compared to previous periods. The company's future performance will likely depend on its ability to generate revenue and improve profitability in the coming quarters.