Kachchh minerals Limited has announced its unaudited financial results for the third quarter of FY26 ended December 31, 2025, revealing operational challenges with no revenue generation during the period. The mining company reported a net loss of ₹6.05 lakhs for the quarter, showing a marginal improvement from the ₹6.71 lakhs loss recorded in the corresponding quarter of the previous year.

Financial Performance Overview

The company's financial performance for Q3 FY26 reflects continued operational difficulties, with zero revenue from operations throughout the quarter. The total income was limited to ₹1.19 lakhs, entirely comprising other income, while total expenses reached ₹7.24 lakhs.

Nine-Month Performance Analysis

The nine-month period ended December 31, 2025, presented a concerning picture with substantially higher losses compared to the previous year. The company reported a net loss of ₹105.96 lakhs for the nine-month period, a dramatic increase from the ₹6.68 lakhs loss in the corresponding period of FY25.

Expense Structure and Key Components

The company's expense structure for Q3 FY26 was dominated by other expenses at ₹3.42 lakhs, followed by finance costs of ₹1.76 lakhs and depreciation expenses of ₹1.08 lakhs. Employee benefit expenses remained relatively stable at ₹0.98 lakhs compared to ₹1.78 lakhs in the previous year's corresponding quarter.

Corporate Developments

In addition to the financial results, the Board of Directors approved the relocation of the company's registered office within Mumbai. The new registered office will be located at Office No. 042, Kalpaturu Avenue Premises Co-operative Society Ltd, Akurli Road, Opposite ESIS Hospital, Kandivali East, Mumbai - 400101, moving from the current address in Malad West.

Share Capital and Earnings Per Share

The company maintained its paid-up equity share capital at ₹521.18 lakhs with a face value of ₹10 per share. The basic and diluted earnings per share for Q3 FY26 stood at ₹-0.11, showing improvement from ₹-0.13 in the corresponding quarter of the previous year. For the nine-month period, the earnings per share deteriorated to ₹-2.00 compared to ₹-0.13 in the previous year.

The Board meeting was held on February 13, 2026, commencing at 5:30 PM and concluding at 6:00 PM. The trading window for company insiders will reopen from Monday, February 16, 2026, following the announcement of these financial results.

Kachchh Minerals Limited has announced the appointment of Mr. Milap Hasmukh Shah as an Additional Non-Executive Independent Director, marking a significant addition to its board. The decision was made during a board meeting held on August 1, 2025, at the company's registered office in Mumbai.

Appointment Details

Mr. Shah's appointment is set for a five-year term, commencing from August 1, 2025, and extending until July 31, 2030. However, this appointment is subject to shareholder approval at the upcoming General Meeting of the company.

Professional Background

Mr. Milap Hasmukh Shah brings a wealth of experience to Kachchh Minerals Limited:

• Over 14 years of experience in finance and insurance
• Based in Jamnagar, Gujarat
• Expertise in financial planning, insurance solutions, and investment strategies for individuals and corporates
• Qualifications include B.COM (Law and Commerce) and LL.B.
• Strengths lie in finance, insurance, and risk management

Board Meeting Highlights

The board meeting where this decision was made commenced at 6:30 p.m. (IST) and concluded at 6:45 p.m. (IST) on August 1, 2025. The company has confirmed that Mr. Shah has not been debarred from holding the office of Director by any order issued by SEBI or any other authorities.

Company Compliance

Kachchh Minerals Limited has made this announcement in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company's Company Secretary and Compliance Officer, Dipen Vijaykumar Shah, officially communicated this information to the BSE Limited.

This strategic appointment of Mr. Milap Hasmukh Shah is expected to bring valuable insights and expertise to Kachchh Minerals Limited's board, potentially contributing to the company's future growth and financial strategies.