Kajal Synthetics & Silk Mills Reports Widened Losses in Q3FY26 Results
Kajal Synthetics & Silk Mills Limited reported increased losses in Q3FY26 with net loss widening to ₹58.42 lakhs from ₹54.18 lakhs in Q3FY25. Nine-month losses also expanded to ₹182.04 lakhs compared to ₹165.17 lakhs in the previous year. Finance costs remained the primary expense driver at ₹50.40 lakhs in Q3FY26. The company's consolidated results showed some improvement with associate companies contributing positively. Despite operational challenges, other comprehensive income from fair value gains on investments provided some relief to overall comprehensive losses.

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Kajal Synthetics & Silk Mills Limited has reported its unaudited financial results for the third quarter and nine months ended December 31, 2025, showing continued losses across both standalone and consolidated operations. The Board of Directors approved these results during their meeting held on February 12, 2026.
Standalone Financial Performance
The company's standalone operations reflected challenging financial conditions during the reporting period. Key performance metrics demonstrate the ongoing operational difficulties faced by the organization.
| Metric | Q3FY26 | Q3FY25 | Change | 9M FY26 | 9M FY25 | Change |
|---|---|---|---|---|---|---|
| Total Income (₹ lakhs) | 0.18 | 0.17 | +5.9% | 0.26 | 0.92 | -71.7% |
| Total Expenses (₹ lakhs) | 58.60 | 54.35 | +7.8% | 182.30 | 166.09 | +9.8% |
| Net Loss (₹ lakhs) | (58.42) | (54.18) | -7.8% | (182.04) | (165.17) | -10.2% |
| Basic EPS (₹) | (2.93) | (2.72) | -7.7% | (9.14) | (8.29) | -10.3% |
The company's revenue streams remained extremely limited, with total income of just ₹0.18 lakhs in Q3FY26 compared to ₹0.17 lakhs in the corresponding quarter of the previous year. For the nine-month period, total income declined significantly to ₹0.26 lakhs from ₹0.92 lakhs in the previous year.
Expense Analysis
Finance costs continued to be the primary burden on the company's operations, accounting for the majority of total expenses across all reporting periods.
| Expense Category | Q3FY26 (₹ lakhs) | Q3FY25 (₹ lakhs) | 9M FY26 (₹ lakhs) | 9M FY25 (₹ lakhs) |
|---|---|---|---|---|
| Finance Costs | 50.40 | 46.42 | 149.39 | 136.74 |
| Employee Benefits | 5.67 | 5.33 | 25.89 | 22.94 |
| Other Expenses | 2.53 | 2.60 | 7.02 | 6.41 |
Finance costs increased to ₹50.40 lakhs in Q3FY26 from ₹46.42 lakhs in Q3FY25, representing an 8.6% increase. For the nine-month period, finance costs rose to ₹149.39 lakhs from ₹136.74 lakhs in the previous year.
Consolidated Results
The consolidated financial results, which include the company's associates, showed similar trends with some variations due to the performance of associate companies.
| Parameter | Q3FY26 | Q3FY25 | 9M FY26 | 9M FY25 |
|---|---|---|---|---|
| Net Loss (₹ lakhs) | (57.76) | (77.19) | (181.81) | (234.92) |
| Share in Associates | 0.66 | (23.01) | 0.23 | (69.75) |
| Basic EPS (₹) | (2.90) | (3.87) | (9.13) | (11.79) |
The consolidated results showed a marginal improvement in Q3FY26 with a net loss of ₹57.76 lakhs compared to ₹77.19 lakhs in Q3FY25. The nine-month consolidated loss of ₹181.81 lakhs was lower than the previous year's ₹234.92 lakhs.
Other Comprehensive Income
Despite operational losses, the company reported other comprehensive income of ₹119.05 lakhs for the nine-month period, primarily from fair value measurement on investments. This helped reduce the total comprehensive loss to ₹62.99 lakhs for nine months in standalone results and ₹62.76 lakhs in consolidated results.
Capital Structure and Audit
The company maintained its paid-up equity share capital at ₹199.20 lakhs with a face value of ₹10 per share. The financial results were reviewed by the audit committee and received an unqualified limited review report from statutory auditors SSRCA & Co. The company operates primarily in finance and investment activities, with no separate reportable segments under Ind AS 108.
Historical Stock Returns for Kajal Synthetics & Silk Mills
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
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| 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |



























