Keerthi Industries Limited announced its unaudited financial results for the quarter ended December 31, 2025, during a board meeting conducted through video conferencing on February 14, 2026. The Hyderabad-based company reported challenging financial performance across key operational metrics for the third quarter of fiscal year 2026.

Financial Performance Overview

The company's financial results for Q3 FY26 showed a significant decline in revenue compared to the previous year. Revenue from operations decreased substantially, while the company continued to face operational losses.

Operational Expenses and Cost Structure

The company's expense structure reflected various operational challenges during the quarter. Major expense categories included power and fuel costs, employee benefits, and material purchases.

Board Decisions and Corporate Actions

During the board meeting, directors approved several important corporate actions beyond the financial results. The company decided to transfer unclaimed dividend for Financial Year 2017-18 amounting to Rs. 7,95,618.90 to the Investor Education and Protection Fund Authority, in compliance with Section 124(5) and Section 124(6) of the Companies Act, 2013.

The board also approved amendments to the Policy on Related Party Transactions, aligning with SEBI (LODR) (Fifth Amendment) Regulations, 2025 dated November 18, 2025. This policy update was recommended by the Audit Committee and will be made available on the company's website.

Segment Performance and Operations

The company's cement division generated revenue of Rs. 1,588.88 lakhs during Q3 FY26, compared to Rs. 2,484.44 lakhs in the corresponding quarter of the previous year. The segment reported a loss before tax and finance cost of Rs. 857.71 lakhs for the quarter.

Discontinued Operations and Asset Classification

The company continues to manage its discontinued operations, particularly the Electronics Division business. On July 11, 2025, shareholders approved the transfer of the Electronics Division business to Hyderabad Bottling Co. Pvt. Ltd. as a going concern through a slump sale arrangement. The company has received consideration towards this transaction and is in the process of completing the transfer formalities.

Additionally, Keerthi Industries has identified land from its Sugar Division amounting to Rs. 487.58 lakhs as available for sale in its present condition. The company has received an advance of Rs. 580.56 lakhs against this land asset.

Earnings Per Share and Capital Structure

The company's paid-up equity share capital remained stable at Rs. 801.67 lakhs with a face value of Rs. 10 per share. The earnings per share from continuing operations showed a loss of Rs. 6.47 per share for Q3 FY26, compared to a loss of Rs. 11.65 per share in Q3 FY25.